Experience as SENIOR ACCOUNTANT

• Employer

  FOOD SPECIALITIES LTD

• From

  15 May 2006

• To

  09 September 2016

• Detail

  Reports:
  • Compile and analyze financial information to prepare monthly financial statements & consolidation
  • Prepare accurate and timely financial management reports.
  • Annual Budget & Forecasting report
  • Cash flow statement
  • Inventory analysis reports
  • Other various analysis reports required by the management
  Others:
  • Responsible for arrangement of Funds procurement with our bankers
  • Trade finance with HSBC and Mashreq bank for limit fixation of Receivables Finance, Import Trust Receipt loan, Bank Guarantee facility, Import LC Limit, Overdraft Facility, etc.
  • Payroll Processing as per UAE Wages Protection System
  • Ensure that financial information is accurate, timely and represents a true and fair view of the financial performance of the company to the management.
  • Provides final review and resolution on any audit questions raised by external auditors;
  • Develop systems and procedures to ensure the efficient and effective management of the company’s finances.
  • Using a financial control framework, including financial accountabilities and authorities to ensure full financial control.
  • Ensure accounting policies comply with the relevant accounting standards and that group policies are followed.
  • Recommend changes that will improve the company’s financial performance and financial controls.
  • Ensure financial records are maintained in compliance with accepted policies and procedures
  • Take overall accountability for the effective delivery of the monthly and annual financial reports;
  • Maintain General Accounting System upto Finalization
  • Follow up and renewal of various insurance policies to our head office and follow with our Insurance agent Gulf Resources, New India Assurance : Employee new joinee Medical Insurance,
  Employee Life Insurance, Marine Insurance, Employee Travel Insurance, Third Party Liability Insurance, Fidelity Insurance, Fire Insurance, Public Liability Insurance, etc.
  • Implementing credit policy of the customers
  • Implementing operation related Internal controls for sampling, job outsourcing, etc.
  • Ensure accurate and timely month and year end closing
  • Cost Analysis of the food and beverage cost
  • LC opening through online banking against facility
  • Conducting Financial audit with Pannell Kerr Forster and coordinate the audit processupto getting the Management Letter
  • Ensure accurate and appropriate recording and analysis of revenues and expenses
  • Resolve accounting discrepancies and irregularities
  • Bank Reconciliation and verification of payments
  • Managing Accounts Receivable ledgers & Receivables follow up
  • Daily Receivables entries & processing
  • Payables – Local Trade Suppliers, Online Import suppliers through bank/direct/LC and other local vendor payments
  • Petty Cash – Petty cash entries
  • Staff expenses claims processing & Credit card payments processing
  • Daily GRN (Goods Received Note) processing
  • Physical Stock counts on every quarter and reconciles the stock accordingly.
  • Fixed Asset Capitalization
  

Experience as CHIEF ACCOUNTANT

• Employer

  AL MATUCO TOBACCO CO FZE

• From

  17 September 2017

• To

  17 April 2019

• Detail

  • Manage and oversee the entire accounting team
  • MIS (Monthly Financials, Annual Budget, Various forecasting reports, various analysis reports, Funds flow, etc.)
  • Excise Tax – Making declaration and filing monthly return with proper working & Maintain record
  • Payroll Processing
  • VAT-Monthly Return Filing with proper working & Maintain record as required by FTA
  • Monthly Ledger Review and maintain as per IFRS and GAAP
  • Vendor bills Expenses claims approval
  • Establishing Import LCs
  • Trade Facility review with banks