Senior Accountant
Casinetto Trading LLC
مجموع سنوات الخبرة :8 years, 7 أشهر
- Providing a financial overview of business/profit plans while effectively liaising with banks and positioning funds to meet working capital requirements by preparing variance analysis & statement of cash flows for internal/external reporting
- Supervising the accounts of the company and acting as a focal point of contact for accounts payable and accounts receivable along with the responsibility of finance, administration and customer relations
- Involved in implementing SAP and responsible for requirements gathering, conducting gap analysis and designing end-to-end solutions while working in the ERP environment
- Identifying opportunities for continuous improvement of systems, processes and practices by managing all financial accounting and reporting activities of the organization
- Preparing variance analysis & statement of cash flows for internal/external reporting and providing financial overview & leadership for all major operating activities by managing journal entries for accounts payable, accounts receivable, payroll and general ledger
- Diligently reducing the operating costs and improving operations by verifying the operational efficiency levels and implementing various cost control measures for ensuring cost-effective procurements to improve the bottom-line performance
- Supervising the month-end and year-end accounting procedures and preparation of timely and accurate financial statements and reports in accordance with standard compliances and generally accepted accounting principles.
- Providing strategic financial recommendations, processing CAPEX related payments as per company policy and executing bank transfers, preparing WPS salaries along with other employee benefits every month as per UAE labour law
- Involved in date migration from the Peach tree software to SAP, instrumental in working with the SAP implementation team and involved in preparation of blueprint, Chart of account and Business partners etc.
- Preparing Bank Reconciliation Statements for reconciling cash & bank balances involving active coordination with bank authorities and managing petty cash, posting month end journal for depreciation, accruals and prepaid expenses in SAP
- Monitoring the flow of working capital / cash by preparing MIS and monthly reports of cash inflow & outflow statements and examining the weekly &the monthly ageing analysis, scheduling the payments and corresponding with the vendors
- Maintaining and archiving the records of bank overdraft, cheque discount, LPO discount, special clearance, deposits, withdrawals and stock summary and instrumentally maintaining and nurturing relations with the suppliers
-Direct reporting to company CFO.
-Assisting to prepare various reports for Management on subsidiary companies.
-Prepares journal entries including (fixed Asset, inventory, creditors, debtors, prepaid, accruals, bank and cash) Payables and Receivables, Payroll locals as well as expatriates etc.
-Preparing Bank Reconciliation Statements for reconciling Cash & Bank balances involving active coordination with bank authorities and Handling of petty cash.
-Preparation MIS, including monthly reports of Cash inflow & Outflow statements for monitoring the flow of working capital / cash,
-Preparation & Finalization of monthly/ annual Financial Statement, comparison of actual cost with the budgeted cost, dealing and providing detail to Auditors for Audit purpose.
-Public & Staff Relation - Public related jobs. Staff relation jobs including, visa related, verification of attendance, distribution of reports and pay slips, calculation of leave pay and end of service
-Managing Admin work of company by arranging new/renewal of various insurances, trade license, Vehicle, Telephone etc.
-Performed basic accounting tasks, accounts payable and accounts receivable.
-Maintaining Cash book & Bank book, preparations of Bank reconciliation and handling of petty cash.
-Assumed responsibility for resolving outstanding balance sheet items, including payroll related accounts. Suspense and accrual, and purchase reports on long outstanding orders.
-Managed the internal and external mail functions.
-Staff Relation Work including visa related, verification of attendance, distribution of reports and pay slips & calculation of leave pay end of service benefits.
-Send enquiry to suppliers, process with the quotation, handle exports, customer service, and coordination of site works and sales and also prepare workers time sheet.
-Maintaining Books of accounts through Tally 7.2.
-Preparation of Cash flow Statement & time to time Analyses.
-Preparation of Bank Reconciliation Statement.
-Follow up the Internal & External Agents related to outstanding Payments.
-Preparation & Analysis of Cash & Fund Flow Statement.