Chief Accountant
Landmark Group, Retail Division – Emax
Total des années d'expérience :19 years, 6 Mois
Accounts Payable:
• Oversee accurate and timely payments of all duties associated with accounts payable processing with strict adherence to accounts payable policies and procedures to ensure accurate and timely payments
• Scheduled payment to vendors in accordance Cash Management and vendor terms
• Reviewed invoices for accuracy and completeness and approved invoices for payments
• Applied and explained relevant regulations and policies to staff as needed
• Resolved and respond daily problems and issues concerning the departments / suppliers
• Reconciliation of assigned accounts payable accounts and bank statement in accordance to department's and treasury guidelines
• Administrated all day-to-day and periodic finance related process and reconciliation such as A/R, A/P, Inventory, cash and bank and payroll
• Liaoning with Suppliers to strengthen company's vendor/suppliers’ relations by continuously corresponding with vendors via phone, email or written communication
• Provided early payment discounts to vendors/suppliers which improve company's profit.
• Assisted internal and external auditors for financial and other audits.
• Prepared monthly, quarterly and yearly confidential income reports for presentation to management.
• Managed monthly analysis of Payables Ageing Report
• Managed reconciliation of Bank Statement on daily basis.
• Led a VAT implementation team and ensured its compliance with VAT laws
Fixed Asset:
• Managed fixed asset register - addition and disposal of asset.
• Monitored fixed asset budget - budget vs actual
• Responsible for asset capitalizations and depreciation.
• Updated CWIP to Asset Register.
• Maintained fixed assets register and Schedule.
MIS:
• Supervise and maintain reconciliation of all control accounts and initiate necessary actions
• Responsible for day to day finance and accounts operations
• Major part in part in the monthly close process
• Made trend analysis to calculate accruals
• Listing income and expenses booking of head wise and section wise
• Coordinated with Budgeting
• Compared Budget Vs Actual
• Inter Company Reconciliation
• Monitor Cash flow
• Dealing with TAX Audit team for VAT return on time
• Responsible for full spectrum of financial & Accounting role e.g. AR, AP, GL, Payroll, VAT, forecasting and budgeting.
Payroll:
• Processed salary on time
• Calculated staff incentive and overtime
• Updated new hires and terminations in payroll system
• New employee advance and tracking for proper deduction
• Managed overtime upload and reconciliation
• Processed Leave Salary
• Processing Full and Final Settlement
• Maintained payroll GL posting and month end provision
Receivable:
• Updated receivables by totaling unpaid invoices
• Verified validity of account discrepancies by obtaining and investigating information from sales
• Summarized receivables by maintaining invoice accounts, coordinated monthly transfer to accounts receivable account, verified totals and prepared report
• Resolved valid or authorized deductions by entering adjusting entries
• Resolved invalid or unauthorized deductions by following pending deductions procedures
• Resolved collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department
• Reconciled of accounts and send the Outstanding SOA monthly to customer and follow-up the payments
Commercial Accounts
• Validated and approved all the promotional offers.
• Played major part in the monthly close process.
• Made trend analysis to calculate accruals.
• Listing and expense booking of head wise and section wise other income
• Follow-up with principal company for the outstanding payments.
• Managed monthly analysis of Payables Ageing Report.
• Prepared and held responsibility of Financial Statements for monthly, quarterly, half yearly and annually.
• Total coordination with internal and external auditors for the annual audit.
• Managed reconciliation of bank statement on monthly for fund transfer to supplier.
• Prepared monthly, quarterly and yearly confidential income reports for presentation to management.
• Working closely with AP team to resolve the supplier issues and supplier reconciliation.
Payable Accountant:
• Maintained overall accuracy in entering the departmental data into the MIS system and maintain responsibility for invoices posting, payments. Maintain a database of transactions with details like name of vendors, goods purchased from them, total amount payable, amount paid, number of installments, last date of payment, mode of transactions etc.
• Verified the details on invoices with that on the purchase orders and resolve the variations, if any.
• Ensure that payments against invoices are done as per the organization's rules and policies. Confirm that the remittance documents are signed and stamped by the accounts manager before dispatching them to the vendors Ensure availability of funds before issuing cheques or withdrawing cash.
• Liaised with bankers, insurers and solicitors regarding financial transactions. prepared financial reports and statements, and oversaw day-to -day activities of the accounts payable department.
• Prepared and Checked the Invoices for clients and entering in ERP SYSTEM and maintaining the files
• Prepared receipt for collections, depositing the collections in to the bank.
• Maintaining the proper accounts, entering the receipts in the client account and bank account
• Maintain collections register and follow up with the client. Preparing and sending credit note if required and entering the accounts after approval
• Ensured the document submission and acknowledge copy in coordinate with bill collector
• Collected the statement of account from the client and reconciliation
• Reconciliation of bank statement on weekly basis
•Handled the tasks of generating financial reports.
•Responsible for timely payments of dealer invoices,
•Sent and processed credit memos and purchase orders.
•Assisted in maintenance and completion of general ledgers.
•Handled the tasks of negotiating due accounts.
•Contacting customers concerning payment dues and account collections.
•Performed general office duties and administrative tasks.
•Handled the tasks of providing administrative support through drafting official correspondence of the company, filing, typing, and data entry.
•Distributed employee payrolls and time cards.
Handled the tasks of generating financial reports.
•Responsible for timely payments of dealer invoices,
•Sent and processed credit memos and purchase orders.
•Assisted in maintenance and completion of general ledgers.
•Handled the tasks of negotiating due accounts.
•Contacting customers concerning payment dues and account collections.
•Performed general office duties and administrative tasks.
•Handled the tasks of providing administrative support through drafting official correspondence of the company, filing, typing, and data entry.
•Distributed employee payrolls and time cards.