Senior Accountant
Al Baker Group
مجموع سنوات الخبرة :18 years, 1 أشهر
Responsible for ensuring the accuracy and timeliness of all Subsidiary Companies all accounting activities associated with Accounts payable Ledger particularly AP Invoices, Debit memos, Employee invoices, Supplier Masters and timely payments to suppliers based on their agreed terms to get the better pricing and credit.
• Responsible for monitoring payments to third party suppliers to ensure compliance with company policies and in coordination with Manager Treasury to ensure funds are available. Ensures accuracy, integrity and quality of all payments made and ensure adherence to agreed service levels related to Accounts Payable.
• Reconciles supplier statements and adjusts accounts as appropriate. Ensuring all the amount is settled after correctly accounting and after taking necessary approvals from budget section.
• Liaises and interfaces with internal departments to resolve issues and determines methods for expediting priority payments.
• Coordinates the maintenance and administration of accounts payable databases; analyzes data and coordinates the preparation of standard and ad hoc reports as required.
• Resolves disputes, discrepancies and uncertainties concerning invoices and payments, including the monitoring of service levels to customers and internal operating departments to ensure best possible service.
• Review of monthly Supplier & Employees ageing and reconciliations for Suppliers & Inter companies.
• Resolve the issues arising out of reviews and other system related issues.
• Assist in resolving discrepancy if any between AP and General Ledger accounts.
• Review of unbooked invoices, where receipts are already created.
• Review and Approve weekly & monthly payment run to suppliers & employees and manage posting of financial transactions, customer query resolution and ensure equal distribution of workload across Accounts Payable team members.
• Resolve all escalated queries and issues with appropriate action to maintain customer satisfaction and to drive individual AP processes such as posting of account payable entries.
• Ensure functional policies and procedures are up to date and fully complied with and controls framework is applied to Accounts Payable activities.
• Deliver clear and timely communication on all issues, both internal and external
• Monitor and resolve interface errors in AP and period close exception report.
• Verification of staff encashment of leave, tickets & HRA.
• Review and verify all the supplier invoices and processing for payment with relevant document on timely basis.
• Processing all the utilities payment (DEWA, SEWA, and ETISALAT) on timely and
Accurate basis.
• Post transactions to journals, ledgers and other records.
• Preparing all the cheques for suppliers, loan, others payment, and maintaining the
Record for issued cheque.
• Preparing the expense reports on month basis.
• Research and resolve invoice discrepancies and issues with facilities division.
• Book keeping for all payments.
• Maintain vendor contract files
• Managing the cash for General expenses, Procurement items, Legal expenses on
Daily basis and processing for claim on timely basis.
Manage all Accounts on daily to daily basis, Preparing Day Book, Bank book,
Cash book, Ledger, Parties Receivable Payable, Outstanding Accounts, PDC, Journal Register.
All Inventory Books LPO, Stock Summary, Invoicing (Sales order, Delivery
note, Invoice, Reorder Level, Credit & debit Note), Godown .
Preparing Budgets, MIS report Cash flow, Fund flow, Profit & Loss Account and all financial report with Finance Manager.
Review, monitor and undertake cash flow planning/forecast and funding requirements for Company’s operations.
Review daily bank balances and monitor internal fund transfers to ensure
that all bank accounts are sufficiently funded to meet all business
commitments of the company.
Manage and implement all banking related operations such as payment
instructions, bank reconciliations and trade finance facilities in compliance
with the governing policies and procedures, acts and legislations to ensure
practice of good governance and Company’s credibility.
Establish an effective monitoring and control mechanism for Cash funds and Cash record and ensure transactions in accordance with Company's policies, procedures and guidelines in order to support smooth operation of cash system and sufficient funds are available to service operational requirements.
Manage inter-company billing and clearing of inter-company charges in ensuring all charges are timely and correctly accounted and paid for and all revenues are timely received.
Preparing all the reports for External & Internal Audit and help with Auditor for finalization of accounts.
Handling all employees Benefit Account like Salary sheet, Salary transfer (WPS), Gratuity, Annual leave, travelling allowance & others
providing assistance to channel partner by conducting training programme;
ensuring seamless delivery of quality services in the market.