Experience as Senior Accountant

• Employer

• From

  05 July 2010

• To

  30 September 2017

• Detail

  GULFTAINER COMPANY LIMITED (July 2010 to Sep 2017)
  
  Senior Accountant
  
  Report to Manager Accounts (UAE Operations)
  
  Preparation of Annual Revenue and Expenditure budget for Borouge Ruwais terminal operations, Abu Dhabi on behalf of international plastics solutions company, Borouge (ADNOC group Co.) in Ruwais, Abu Dhabi.
  
  Monthly Revenue Invoicing to Borouge for Manpower & Overtime / additional work, and Material Reinvoicing (recovery of material and repair costs from customers).
  
  Supervising monthly Reconciliation of Inventory module with Accounts module to ensure all Stores Issues has been properly accounted. (legacy Software)
  
  Supervising monthly provision for creditors’ invoices for Camp Accommodation, Outsourced employee cost, leased vehicle cost, EOSB and Leave provision.
  
  Review of Updating of Fixed Asset module on a monthly basis for Fixed Assets & Capital Work in Progress and reconciliation with Accounts module. (Legacy Software)
  
  Review of Accruals and prepayments reconciliations on a monthly basis.
  
  Reconciliation of Intercompany accounts with various group entities in Saudi Arabia, Iraq, Qatar, Bahrain, Singapore, USA and Brazil.
  
  Preparation of Quarterly Working Capital requirements for contributions from JV partners for overseas operations in Iraq.
  
  Provide special project support by monthly updating of Statement of Project Expense category wise for various projects across the globe.
  
  Coordinate with IT department for updating of reporting module and development of new operations reports from the system. (Legacy Software & SAP)
  
  
  
  Special Assignments:
  
  Core user and contributor towards SAP ERP implementation. Coordinating with SAP consultant, IT team, and project manager regarding preparation of Customer masters, Integrated testing, User acceptance testing, and Interface testing.
  
  Prepared Bid Financials for (1) BOROUGE PE / PP PACKAGING AND CONTAINER BULK FILLING OPERATIONAL SERVICES AT RUWAIS, ABU DHABI and (2) BOROUGE PORT AND CONTAINER YARD OPERATIONAL SERVICES AT RUWAIS, ABU DHABI in coordination with different departments (Projects, HR & Admin., and Operations).
  
  Contributed towards new Financial Accounting System (FAS) testing and implementation during 2012 - 2013. Relevant areas include Borouge Ruwais division, Gulf Container Repair divisions, Revenue and Debtors.
  
  Contributed towards the preparation of Accounting Standard Operating Procedure manual in coordination with the Consultant assigned to this job.
  
  Port Comparison of GTL ports business with other ports in the region and across the globe in terms of Financial Analysis and highlighting Key performance ratios.

Experience as Senior Financial Accountant

• Employer

• From

  01 October 2017

• To

  30 June 2020

• Detail

  MOMENTUM LOGISTICS LLC (Oct 2017 to June 2020)
  
  Senior Financial Accountant
  
  Report to Financial Accounting Manager (UAE Operations)
  
  Momentum Logistics is a wholly owned subsidiary of Gulftainer Group.
  
  Following are my duties and responsibilities:
  
  Maintaining and reconciling balance sheet, and assisting account payable/receivable team.
  
  Preparation and circulation of Management reporting pack comprising of Monthly Financials highlighting variance, Division wise and Consolidated EBITDA Report and extracts for Management report.
  
  Preparation of Director’s report on monthly performance by taking extracts from management reporting pack and commentaries from division managers.
  
  Assisting the corporate reporting team in the preparation and consolidation of annual budgets for each division in coordination with the division operational managers and accounting manager.
  
  Customer wise Revenue reconciliation for various divisions like Transport division, Container Depot, Warehouse division, Container Repair division and Freight Forwarding division.
  
  Supporting VAT Manager by reconciling Output VAT with the revenue Invoiced to Customers for all Divisions by checking Zero rated and Standard rated VAT applied for 15000+ invoice line items.
  
  Freight Forwarding Work in Progress (WIP) Revenue and Expense Reconciliation on a monthly basis and Freight Revenue and Expense Recognition as a monthly account closing process.
  
  Reconciliation of monthly staff Cost (Payroll) within SAP by reviewing the Payroll reports and expense reflected under various expense ledgers and also providing feedback on division operational managers queries regarding payroll cost variance.
  
  Reconciliation of Intercompany accounts between various group companies in UAE, Iraq, and Saudi Arabia.
  
  Key business contact for complete information on Fixed Assets and CAPEX related items in SAP from procurement to retirement as well as for budgeting and financial reporting purposes. Also maintain a complete suite of Fixed Assets and CAPEX related items for all divisions by appropriately recognizing / retiring the Assets and preparing various Fixed Asses schedule.
  
  Supervise and review of accruals and prepayments reconciliations on a monthly basis.
  
  Oversee and assist with documentation for and support of year-end or interim audit.
  
  Supervise online banking transaction (Bulk payment through file upload) for various UAE banks. (Noor bank, Sharjah Islamic bank, United Arab bank, etc.)
  
  SAP ERP core user for all Month end and Year end activities like Prepayment Run, Depreciation Run, CAPEX order, Internal order, and Engineering order settlement, Division and Head office cost allocation, Foreign currency valuation run and preparation of various Audit schedules.