Accountant
ADCO
مجموع سنوات الخبرة :16 years, 10 أشهر
• Preparation of annual budget, September revision and spring forecast for the division with the review of the business plan
• Review of the finance proposals (FP), low value budget request (LVBR) and authorization of the funds (AFE) to ensure costs are correctly classified and approved prior to spending
• Preparation of monthly cash forecast of the department
• Performing the monthly variance analysis and preparation of monthly and ad hoc financial reports
• Preparation of the period end accruals, wells cost review and reconciliations of main accounts
• Financial evaluation of the contractors/suppliers for the pre-qualification purpose
• Functional review of the service and procurement contracts and ensuring the compliance with applicable policies and procedures
• Responsible for the accounts payable activities of the department
• Liaison with internal and external auditors on statutory audit and other requirements
• Extensively involved in the development and testing of the financial software’s
• Working on the special assignment requested by finance management. E.g. Impact of rolling budget, Decommissioning cost, Use of Hedging techniques.
• Actively involved in the training plan of the junior team members
• Produce financial statements including balance sheet, income statement and cash flow statements as per IFRS and UK GAAPs
• Produce consolidated accounts and perform accounts reconciliation of individual and six group companies
• Deal with purchase ledger and sales ledger entries.
• Supervise the credit control department and chase outstanding payments.
• Supervise and process the wages department of staff of over 2000.
• Ensure company budgetary controls are maintained and tightened
• Process and control contract changes
• Monitor the link between contract changes and credit control
• Manage wages budget, perform and investigate variance analysis
• Generally assist where required
• Finalizing accounts for small companies
• Collecting and processing financial and related information to meet the internal needs and external obligations of clients, i.e. maintaining sales ledger, purchase ledger, cash book, payroll and preparing financial and management accounts
• Maintaining documents for the clients and ensuring the completeness, accuracy, and validity of the documentation involved in various business transactions
• Assisting and supporting clients to meet their regulatory obligations i.e. VAT Returns, Tax Returns
• Preparing the cash flow forecasts for management purposes
• Assisting and supporting colleagues to complete their jobs, and being available on troubleshoot
• Communicating findings in the form of reports, exhibits and collections of documents
• Training, supervising and reviewing the work of junior members of the staff
• Compiling and preparing financial statements including balance sheet, income and cash flow statement
• Reviewing accuracy of heads of financial statements and processing year-end accounting entries
• Conducting bank reconciliations for multiple bank accounts on routine-basis
• Preparing VAT returns and income tax computations before deadlines
• Reviewing and advising management on different accounting policies focusing mainly upon depreciation and bad debt policy
• Working on other special projects within tight deadlines
• Gathering and interpretation of management information and the production of monthly departmental managements accounts
• Weekly cash flow forecast within strict timetables
• Maintaining and the updating of basic accounting records, including petty cash books and bank reconciliations
• Assist in the overseeing of purchase/sales ledger and nominal ledger and all general accounting functions within the organization
• The production of monthly management accounts for different divisions
• Ad hoc reporting and analysis of financial information, as and when required, for the management and the directors
• Ad hoc production of sales invoices, posting of purchase invoices and writing out cheques
• Assisting in the preparation of any ad hoc reports and statistical analysis as requested
• Conducting the lectures of ACCA subjects F6, F7, F8 and P2
• Conducting lectures for CAT subjects T1, 2, 3, 4, 6 and T9
• Preparing class tests and notes for tax and IFRs