Senior Accountant
Commander Diesel Trading
01 July 2015 —
30 June 2018
Key Responsibilities:
General Ledger Management
• Successfully managed the GL (General Ledger) accounting, monthly and annual accounts closing for balance sheets, profit & loss and related reports for the review of the CEO.
• Managed payroll (WPS), voucher posting, reviewing accruals, inventory count and related workings.
• Facilitated biannual and annual audits (external) through advance preparation and planning.
Receivables/ Payables
• Managed the accurate and timely processing of invoices by matching price and quantity on invoice with the approved purchase/sale orders.
• Established strong control over the aging of account receivables and successfully reduced credit days from 48 to 30 days by timely follow up with management and marketing staff.
• Handled sensitive inquiries and resolve difficult situations relating to accounts payable and accounts receivable in term of ledger reconciliation, rate differences, invoice related issues etc.
Banking Operations & Cash Flows
• Bank reconciliation statement.
• Managed cash flows and working capital requirements through close coordination with planning and marketing department for the operation cycle; Sales to Collections, Purchase to Payments and the arrangement of funds on specific dates (post dated cheques accordingly.
VAT
• Knowledge of VAT Law, Registration & Filing Quarterly VAT return
Local Payments and Petty Cash
• Processing all petty cash disbursements and payment of local vendors
• Disbursement of staff claims (incentives, salaries and other claims)