Accounting Manager
Sounbula MIlls FZE
Total years of experience :14 years, 0 Months
Sounbula Mills FZE is one of the leading wheat flour manufactures in UAE. Wherein I worked as Accounting Manager for 7 years right from the establishment of the company. Henceforth I could play much important role in establishing a strong accounting system and costing concepts for the company.
Stating below some of the important responsibilities that I carried out in this company
Supervision of subordinates:
• Organize and supervise the activities and work of subordinates.
• Ensure that all tasks are carried out efficiently.
• Support them in improving their skills
Financial and Management Accounting:
• Establish appropriate procedures and controls within the department which ensures that all financial transactions are accurately recorded in the books on timely basis and are adequately supported.
• Ensure the monthly closing procedure are well managed.
• Review the TB of both parent and subsidiary company to ensure that the accounting records reflect accuracy by verifying the ledger accounts and transactions are true.
• Prepare consolidated financial statements.
• Prepare and submit monthly Management report.
• Ensure the financial statements are prepared in accordance with International Accounting Standards.
• Prepare Cash flow statements historical and forecasted for 6 months ahead to ensure availability of sufficient working capital.
• Prepare annual budget and forecasted financial statements
• Maintain share capital register and timely update share holders' capital structure
Cost Accounting:
• Ensure that accounting related to raw material, production and FG/SFG are timely and accurately recorded.
• Ensure that product costing is updated on time to support accurate product pricing.
• Ensure monthly physical stock is verified and reconciled with the books.
Assets Management:
• Ensure that fixed asset register is maintained up to date. Perform periodic verification to validate physical presence of the assets in the register.
• Ensure that project completed are moved to Fixed Asset register from CWIP.
VAT:
• Lead the activities related to periodical VAT preparation and filing.
• Ensure that tax accounting is in compliance with the rules and regulations.
• Ensure input/output taxes are accounted accurately.
Internal /External Audit:
• Responsible to ensure that financial statements are audited smoothly and within stipulated time.
• Acted as audit coordinator and resolve audit related issues
MIR METALS TRADING L.L.C (MMT) is a distinguished and dedicated Metal & Scrap Trading company in Primary Metals, Non-ferrous and Ferrous Metals Scrap, Primary & Secondary Alloys and Plastic Scrap.
• Reporting to Finance Manager and General Manager
• Preparing Monthly Profit & Loss Statements
• Passing monthly provision/accrual entries
• Monthly Reconciliation of Ledger Accounts
• Invoicing/ Reconciliation of Receivables/ Debtors Ageing Analysis
• Preparing Bank Reconciliation Statement.
• Liaising with Banks
• Preparing staff salary as per WPS requirements
• Coordinating with Logistics Department
• Handling Receivables/ Follow for outstanding Debtors
• Handling Payables/Arranging Local and International
• Creditors' Payments
• Liaising with auditors
• Internal ‘Accounts audit' Al Kinawi Multi Activities Co. Ltd, SUDAN(Subsidiary Co.)
Jackson Company is subsidiary of Alois Dallmayr, Germany. It is one of the leading players in the vending sector and professional coffee machines in the United Arab Emirates and in the Gulf Region.
• Reporting to Chief Accountant
• Preparing accounts up to Finalization
• Preparing Monthly Profit & Loss Statements
• Reporting weekly the vending machine Revenue & Monthly Analysis of the Same
• Handling Company Cash Book & Petty Cash Book
• Controlling Inventory
• Monthly Key Customer Billing
• Customer Payment Collection & Bank Deposits
• Preparing Monthly Customer Aging Statements & Follow-ups
Supplier Payments
• Bank Reconciliation & Branch Accounts Reconciliation
• Full & Perfect Control on Vending Machine Operators
Responsible to monitor more than one thousand Fixed Assets i.e. Vending Machines
• Maintaining Fixed Asset Movement Register
• Preparing Monthly Salary & Leave Salary Statements
• Preparing Commission of Salesmen & Vending Machines
Completed the degree Bachelor of commerce