Accounts & Finance Supervisor
Al Jazira Enterprise for Projects Development & Trading Establishment, Abu Dhabi
Total years of experience :10 years, 0 Months
Preparing monthly, quarterly & annual financial statements and ad hoc financial reports.
Performing monthly, quarterly and annual analysis of financials and reconciles financial discrepancies.
Involved in accounting activities which include reconciliations of banks and general ledgers.
Prepare and record asset, liability, revenue and expense entries by compiling and verifying account information.
Reviewing and processing suppliers’ invoices and ensure that all vendors’ ledgers are up to the
mark.
Prioritizing payments to suppliers as per agreed contract terms after obtaining all necessary approvals.
Conduct credit control analysis, formulating policies, taking remedial measures to forestall bad debts and delayed payments.
Responsible for preparing monthly payroll, calculating and recording employee gratuity, employee leave benefit and final settlement.
Preparation and submission of VAT / tax returns within statutory framework.
Scheduling and processing month-end closing entries such as prepayments, accruals and provisions.
Analyze revenue & expenditure trends and recommend appropriate budget levels, and ensure expenditure control.
Finalization of management accounts and liaison with the auditor till the finalization of audit.
Preparation of audit schedules and catering to all audit requirements.
Responsibilities: -
•Preparation of financial statements in accordance with IFRS/IAS.
•Accountable for managing cash flow statement and preparing predictive and budgeted cash flow statements.
•Proactively responsible for preparing LC’s and all of its ancillary works, including
correspondence with suppliers and banks.
•Responsible for preparing daily bank status report.
•Managing petty cash and bank from posting transactions to preparing monthly reconciliations.
•Following up receivables and conducting ageing analysis.
•Effectively managing suppliers’ payments.
•Managing VAT as per UAE law.
•Analyzing financial information and summarizing financial status.
account receivables and account payables.
•Preparation of financial statements in accordance with IFRS/IAS.
•Implementing and updating financial processes policies.
•Ensuring proper accounting standards are followed.
•Supervise and ensure proper recording/bookkeeping of all economic events in system.
•Analysis and interpretation of financial statements.
•Attending accounting and finance issues in a timely manner.
•Reviewing financial documentation and ensuring accuracy.
•Making necessary adjustments to invoices and tracked customer payments.
•Coordinating with other departments to ensure consistency.
•Ensure Tax compliance.
•Supervising company payroll/ benefits & compensation with coordination with HR Head.
•Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.
in the planning, execution and finalization of the audit assignment.
•Gather and analyze data and perform detailed audit testing.
•Preparing accurate assurance documentation for review.
•Verified that company controls were in compliance with established policies by auditing corresponding units.
•Recommend process improvements to increase efficiency.
•Establish, maintain and coordinate the implementation of accounting and accounting control procedures.
•Improving internal control efficiency and risk reduction by presenting valuable audit findings
•Understand, evaluate and test the design and operation of accounting and internal control systems, offering recommendation for any weaknesses noted.
•Make certain the balance sheets, assets & liabilities, and profit and loss accounts display the true financial position of the organization.
•Worked closely with audit team and client, identifying and resolving potential issues.
•Compiling reports of audit results to senior managers.