accountant
Galaxy industrial equipment trading L.L.C
Total years of experience :10 years, 7 Months
Managed all ledger entries, monthly closing of journal records and posting of month end information, while ensuring the accuracy of the financial statements in line with IFRS and GAAP guidelines.
Performing financial analysis; investigating and understanding key business & financial issues behind the numbers and providing clear, concise and timely analysis & recommendations.
Accountable for all financial aspects of LGs, LCs, currency purchase. Including cost accumulation and cost allocation for product costing.
Providing financial support to top management through analysing variances, trend, risk, opportunities & key business drivers for different areas of the business.
Analysing performance according to operating plans and standards; interprets the results of operations to management. Prepare all journal entries related to COGS, WIP, finished good and overhead closing entries.
Formulating budgets; conducting variance analysis to determine difference between projected figures & actual expenditure and implementing corrective actions.
Ensure capital management through strong vigilance of cash and cash equivalents assets projection while monitoring accounts receivable and accounts payable reports.
Document all accounting processes and procedures ensuring compliance with company guidelines; monitor and review all documents related to budgets, revenues, expenses, invoices, accounting.
Performing general accounting functions, including operation of the general ledger system, journal entries, invoices and classified transactions.
Monitoring cash flows and ensuring that funds are arranged in the most cost effective manner after projecting accurate cash forecast ensuring that there is no shortage of cash in hand.
Review of the accounts and books of the company. Ensuring accurate and timely recording and documentation of accounting and financial transactions.
Implemented and maintained systems, procedures, and policies, including accounts payable functions to ensure adherence to company guidelines.
Overseeing advance controls for advance payments & following up with customers to realize overdue and balance the funds appropriately.
Responsible for maintaining chart of accounts, G/L accounts reconciliation and trial balance analysis for the company's monthly and year-end closes. Prepare revenue, expense, payroll entries, invoices, and other accounting documents.
Maintain fixed and long-term assets sub-ledger
Maintain inter-company accounting, consolidation & elimination entries. Respond for comprehensive reconciliation on numerous P&L accounts working directly with support groups to clear reconciling items.
Payroll Management and Working capital management
Prepare special financial reports by collecting, analyzing, and summarizing account information and trends.
Interaction with external auditors in completing audits.
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