Chief Accountant
ENPI Group
مجموع سنوات الخبرة :17 years, 8 أشهر
Ensure adherence to company's credit policy by preparing information for effective credit control, supervising sales order approvals, customer credit limits and overdue checks.
Help achieve target receivables days by following up outstanding and overdue receivables collection with sales team.
Verify the communications, non-confirmation reports and other checks to authorize the credit notes and sales returns.
Verify and ensure the completion of documents and approvals for setting up new customer accounts in the system
Provide management with projected customer wise bad debt provision and follow up sales team for the collection to avoid probable bad debt provision impact on financials.
Calculation and analysis of bad debt provisions.
Verify the accuracy and completion of documents for submission of Export Bills / LCs to banks.
Verify that bank charges against bills are as per the agreed tariff.
Follow up with banks for due LC and export bill collections.
Preparing Cash Projections.
Verify and ensure the completion of documents and approvals for setting up new supplier accounts in the system.
Review and finalize petty cash reimbursement vouchers, ensure the all the payments have necessary approvals and as per the company policy.
Finalization of purchase invoice bookings and payments by reviewing the vouchers and supporting with relevant approvals.
Plan and supervise monthly and quarterly inventory counts. Investigate and reconcile the difference in shop floor inventory with the coordination of QC, and suggest corrective actions.
Review the variance between actual and estimated material consumption and cost and close productions orders.
Monthly FTP, Revaluation & Material Variance Analysis.
Since the company is using back flush costing, verify the material is issued against all jobs to ensure the correct WIP figures.
Responsible for third party raw material reconciliations and adjustments for conversion arrangements.
Provide management with projected item wise Slow Moving Inventory provision for the utilization of inventory before it falls under provision.
Bank Reconciliations Review
Trial Balance, Control Accounts, Raw Material Cost & Expenses Analysis.
Amortisation of Prepayments and Reconciliation of Prepayment Schedule.
Verify the accuracy of accruals and provisions.
Review the sales invoices and supporting to ensure the recognition of revenue is as per the company policy and IAS guidelines.
Capitalization of new Fixed Assets in the system and run depreciation.
Ensure the reconciliation of intercompany account balances.
Detailed Sales analysis reports including customer wise profitability and product wise margins.
Projected and actual cash flow analysis.
Raw material consumption and profitability analysis reports for conversion arrangements.
Budgeted VS Actual figures and determine the deviation factors.
Capacity Utilization
Other adhoc Reports required by management.
Period closing and preparation of annual financial statements
Help maintain financial security by establishing and reviewing internal controls
Preparation of various accounting and management reports
Monthly accruals preparation
Monthly general ledger accounts reconciliation
Payroll management and salary distribution
Receivables and Payables management and preparation of cash flow budgets
Cash forecasting based on sales, cash collections and purchase orders received
Inventory valuation
Job and batch costing
Maintain fixed assets register
Perform audit and reconciliation procedures to verify the accuracy of accounting records
Assist in preparation of annual budgets
Perform comparison and analysis of budgeted VS actual results to help management determine the annual and quarterly performance
Coordinate with external stakeholders and respond to their queries
Compile, analyse and report financial information for corporate management
Preparation of tax computations and filing of tax returns and statements for Corporations, AOPs and Individuals
Perform analytical and substantive procedures to verify the accuracy of tax computations.
Reconciliation of taxable profits to accounting profits
Advise clients on Sales, Income and withholding taxes related matters
Ensure timely and proper compliance of the queries and notices of tax authorities
Responsible for the collection of relevant and appropriate information from clients to comply legal queries and requirements
Ensure the successful operation of the accounting function
Preparation of financial statements and management accounts
Preparation and filing of Sales Tax and Federal Excise Return Statements
Computations and submission of withholding tax payments and return statements
Computations and Payments of EOBI and SESSI contributions
Represent the organization to taxation and other relevant government authorities
Deal with the queries raised by taxation authorities and the issues over payments
Reconciliation of accounts using analytical and substantive procedures to check the accuracy of accounting records
Prepare various accounting and financial reports to facilitate the management in decision making
Assist in budgetary control process by providing variance analysis reports and determining deviation factors
Receivables and Payables management
Prepare short term Cash Flow Budgets and Manage Cash Flows
Ensure compliance with tax laws
Prepare periodic and ad-hoc advertisement and marketing expense reports
Evaluate cost of marketing events and activities
Assist in advertisement budgets preparation and implementation
Make comparison of Actual VS Budgeted expenditures and prepare analysis reports to determine the deviation factors
Prepare Cost and Benefit Analysis of different marketing activities
Negotiate credit periods with service providers and suppliers
Verify bills and arrange payments for suppliers
Accounting, Financial Management, Financial Analysis
Accounting, Taxation, Financial Reporting & Financial Management