Accountant
Al Rostamani International Exchange
Total years of experience :15 years, 0 Months
• Maintaining & updating fixed asset register. (Calculating monthly depreciation on all assets including additions & deletions and updating in the accounting system)
• Handling Accounts Payable independently. (Performing aging analysis for creditors and ensuring payments are being made on time, and in compliance with Company’s Internal Controls and risk factors.
• Liaising with banks to obtain guarantees favoring different foreign & correspondent banks.
• Liaising with insurance companies to obtain and renew different types of insurance policies, i.e. Bankers Blanket insurance, Property all risk insurance and workmen insurance.
• Periodically review of GL and Monitoring Group Company Accounts
• Reconciliation of Bank, Supplier and other group companies accounts.
• Recording Accounting Entries related to sales, purchases, petty cash & banks.
• Preparing reports for management as per their requirements related to revenue trends, expenses trends & lease rentals.
• Preparing monthly financial statements for management review and providing necessary provisions.
• Liaising with Internal Departments and Group Companies.
• Making year end adjustment entries and preparing final accounts as per IFRS and internal company procedures
• Liaising with internal & external auditors regarding annual statutory audit and responding to their queries .
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• Checking and verifying daily reports and day end reports.
• Reporting to Manager Finance weekly snapshot of branch risk related operations.
• Branch Credit Confirmation Process
• Perform Instant money reconciliation and verifying supporting documents in compliance with regulations of Central Bank of UAE and antimony laundering.
• Observe branch operations and branch related limits in relation to internal control policies and report any breaches to Risk & Compliance dept or other appropriate authority.
Preparation of accounts of different private and public limited companies in the light of IFRS and company ordinance. Analysis of accounts with ratio analysis. Audit of Financial Statements including planning, execution, finalisation, and review of audits of various private limited and quoted companies. Time management and completing work within apportioned time while marinating adequate standards of quality.