Senior Accountnat
Musafir.com
Total years of experience :7 years, 0 Months
• Develop and compile P&L, Balance sheet and Cash flow statements and deep analysis of movement of sales numbers on daily basis of various business categories such as B2C, Corporates, B2B, Walk in, Visa, Services etc. of UAE, Qatar & Saudi region.
• Monthly, quarterly and Annual Financial reporting, periodic forecasting and annual budgeting.
• Assist in accounting that includes but not limited to general ledger, AR/AP, Cost accounting, Revenue recognition, regulatory reporting etc.
• Support in preparation of group consolidated financial statements as per IFRS.
• Liaising with internal functional team for facilitation of data and inputs required for financial reporting, planning and analysis.
• Support the staffs on resolving their various process related queries and provide the training to new staffs on various Finance processes and the reporting procedure on Musafir online business and Navision ERP training.
• Co-coordinating and supporting Audits, interacting with auditors and resolving audit queries.
• Analyzed overdue payments of accounts receivable balances of Corporate clients on monthly basis to identify & build up in accounts receivable balances and avoid the consequent risk of bad debts.
• Review and approve Airlines Top up requests, Hotel, services, Marketing and local vendor payments.
• Review the suppliers and expenses ledgers on monthly basis to ensure the reconciliation of vendors conducted effectively and to ensure on timely basis booking of various expenses and provision entries thereof.
• Dealing with Banks regarding Guarantees, loans etc.
• Set up the new user on Microsoft Dynamics Navision ERP system and allocating the users profile set ups, rights, personalization responsibility center etc.
• Co-ordinate with the IT department and raise the bugs or any other related issues on the existing customization set ups or to schedule meeting with the IT department whenever organization demands the new development set ups based on the changes of business strategy or to develop new reports on Microsoft Dynamics Navision.
• Test the new developments, customization, or reported developed by the NAV technical consultant on test environment and approve to deploy on live server if its meeting the company requirements.
Key Result Areas:
• Making daily, monthly and budgetary sales reports and presenting the same to chairman and various higher authorities
• Accountable for monitoring and maintaining inventory reconciliation & Royalty Calculations
• Administering the operations of managing the processes such as Accounts Receivable and Payable
• Handling various reconciliation reports such as vendor reconciliation, bank reconciliation statements etc.
• Managing the accounting process for capital purchases and disposals including the maintenance of depreciation schedules
• Responsible for preparing month end financial statements and supporting schedules as well as variance analysis for consolidation
• Coordinating with CA / Consultant for audit purposes including various associated inquiries and internal & external auditors regarding various associated enquiries
• Examining financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
• Involved in preparing audit plan and ensuring completion of the same within the set deadline
• Handled the operations of audit planning, fieldwork, and completion of all audit while coordinating with client deliverables
• Maintained healthy relations with client and team members with aggressive timelines
• Took part in audit of leading manufacturing, trading, non-trading, retail & FMCG companies
• Managed the operations of reviewing/analyzing client internal controls over financial reporting, identify issues and involved in making recommendations to the management
• Administered the operations of evaluating, redesigning and implementing new processes across different functional units of the business
• Maintained track record of monthly stock taking at warehouses and reporting the same to higher management
• Managed the accounting department which includes A/P, AR, cash management and fixed assets
• Accountable for managing the monthly financial close process for ensuring all the ledgers transactions are properly recorded & analyzed and managing the annual budget process