Senior Accountant
Fun World Entertainment LLC
Total years of experience :6 years, 9 Months
Meticulously preparing and scrutinizing financial statements accurately and submit these reports to the management in a timely manner, providing them with the critical financial insights they need to make informed decisions.
Diligently manage the company's general ledger accounts on a monthly basis; reconcile bank statements and vendor statements to ensure financial records align with external documents.
Take the lead in the crucial month‐end and year‐end closing processes involving a comprehensive range of tasks, including the posting of journal entries, accruals, provisions, and the reconciliation of various accounts and ensuring that financial records are up‐to‐date and compliant with accounting standards.
Conducting in‐depth financial and sales analysis and leverage these analyses to create impactful PowerPoint reports that aid in decision‐making processes such as budgeting, forecasting, and variance analysis to provide management with actionable insights based on a comprehensive understanding of our financial data.
Preparation of tax returns, particularly Value Added Tax (VAT) quarterly, in accordance with the regulations set by the Oman Tax Authority ensuring that we remain compliant with tax laws is essential to avoiding penalties and maintaining financial stability. Collaborating closely with the external audit team during year‐end financial audit by providing them with all requested documentation and explanations, ensuring a smooth and efficient audit process.
Oversee both the accounts payable and accounts receivable functions of the company. This entails ensuring that invoices are processed accurately and on time and maintain healthy cash flow and strong financial relationships with our vendors and customers.
Assist in developing scope, performing testing and developing findings under the direction of Internal Audit management Document work performed in workpapers in a timely manner and respond to manager review comments
Develop detailed working papers to provide sufficient evidence of work completed in the execution of the audit program including testing and analyzing results
Communicate with COO, establish, and maintain strong working relationships with all levels of management.
Plan and manage internal audit mandates, including documentation of work performed, and management of costs and time for the mandates.
Responsible for handling accurate & timely accounts of a hotel chain
company of revenue USD 400k and employee base of 300, overlooking
accounting functions such month end outlet wise financial statements,
accrual entries, assets, petty cash and inventory management, cash and
bank related transactions.
Creation & submission of quarterly and monthly P&L to the top
management as per the IFRS and managing team of accountants to timely
complete their tasks.
Prepared budgets and variance analysis reports for the management for
every quarter for the changes in quarterly sales and purchases and
communicated the variances to F&B director and Accounts & Purchase
Manager.
Responsible for an average of USD 60K monthly receivables & payables for
the company, routinely vouched supplier statements to the accounts,
communicated with the variances with vendors, suppliers & internal
accounts team to ensure accurate receipt & payments of invoices.
Managed recipe costing for two new restaurants and over 400 recipes using
the best rates in the market and providing the management the required
reports.
Solely prepared the payroll of the company and its parent company,
calculating gratuity, annual leave salary, compensation along with
management approval to transfer salaries online and preparing bank
transfer letters and facilitating the letters with banks.
Successfully completed all the 14 papers of to become an affiliate with majors in Advanced Performance Management and Advanced Audit & Assurance with brief knowledge in Advanced Financial Reporting as well. Received