Accountant
Universal Carton Industries LLC
Total years of experience :11 years, 5 Months
• Provide timely, accurate financial information and reporting to the management.
• Ensure financial accounts are updated and satisfactory documentation and filing of all expenditures is maintained.
• Review, check and verify suppliers accounts, invoices and claims for accuracy of payments.
• Oversee processing of Purchase Orders and invoices with proper approval to generate timely and accurate payments to suppliers and reconcile SOA of supplies and resolve outstanding balance issues.
• Sending Letter to supplier for balance confirmation as and when required.
• Responsible for maintaining and preparing prepayment and accrual schedules, respective JVs and adjustments.
• Responsible for assisting in the monthly closing process, including allocation of expenses & revenue, intercompany and related party reconciliations and processing adjustments and managing Cash and Bank position and reconciliations.
• Maintain control over main ledger and subsidiary ledgers for accounts payable and processing of payroll.
• also prepares asset, liability, and capital entries by compiling and analyzing account information. Financial transaction documents by entering account information.
• Maintaining up to date financial records of lease properties, Inc. lease rental incomes, maintenance expenses, Ensure timely receipt of rental incomes & A/C Receivables Management - Monitor and follow up receivables of lease rental, processing monthly property related expenses for payment purposes.
• Records of maintenance aspects of the properties inc. long-term supplier contracts
• Assist in Tax Preparation and Filing Activities
• Assist in Audit by providing timely information to auditors.
• To coordinate external Audit by providing relevant explanations and schedules to Auditors and ensure smooth completion.
• Currently Using Software Microsoft Dynamics 365
• Ensure the timely reporting of all monthly, quarterly and annual financial information.
• Oversee the daily accounting activities required to maintain accounts of the Company.
• Supervise, direct, and review the work of the staff (including, but not limited to, cash
and bank reconciliations, fixed asset activity, payroll, accounts payable transactions, recording of revenue and expenses, etc.)
• Review general ledger on a periodical basis to ensure accuracy of posting.
• Collaborate with other department/ staff to support overall organizational goals and
• objectives.
• Role requires analysis of existing processes and determination of ways to achieve an efficient and effective internal control environment.
• Review weekly detail reports for accuracy and make reclassifications as required.
• Revenue and Expenditure Variance Analysis.
• Used Software Oracle.
• Preparation of Management Profit and Loss Statement.
• Variance Analysis of Financial Statement.
• Assistance to Manager Finance in Finalization of Accounts.
• Preparation of Payroll Head office Staff and Field Force with adjustment of EOBI,
• Staff loan, advances and taxes.
• Checking Field Force Expenses.
• Bank Reconciliation.
• Preparation of monthly E-Statement for with-holding tax Challan and return filling.
• Intercompany Reconciliations.
• Managing accounts receivables and aging summary.
• Verification of Sales invoices and posting it.
• Physical Stock verification on monthly basis
• Used Software Quick book & E.R. P
• Preparation of Income Statement.
• Assist to Manager Finance for making annual Budgeting on yearly basis.
• Reconciliation of intra Companies, Accrued Charges and other liabilities on monthly basis.
• Preparation of all routine payments including checking Payable Vouchers, invoices, Purchase Orders and GRNs before Payment Process.
• Responsible for implementing, monitoring, and enhancing accounting procedures and internal controls.
• Payroll processing including adjustment of staff Loan/advances and taxes.
• Physical Stock Taking on every month.
• Update and monitor an Asset Register including controls, procedures, and forms.
• Maintain the asset management system for the whole organization.
• Ensure that all assets are classified in line with accounting and legislative policy.
• Monthly reconciliation of asset position including capital budget reported to Finance Manager.
• Prepare fixed asset reports on a regular basis.
• Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed
• All Duties are performed on SAP Software
• Customer order processing and delivery.
• Preparation of Sales Order and Invoices
• Customers and Suppliers Ledgers Reconciliations.
• Customers aging report
• Suppliers aging report
• Petty Cash Handling and any other task assigned by senior management
Master of Business Administration - Finance