Deputy Manager Accounts & payables
Fazal Group Of Companies
مجموع سنوات الخبرة :8 years, 6 أشهر
Handling monthly, quarterly and annual closings and determine level of compliance with relevant statutes, rules, procedures, policies, and regulations.
Prepration and finalization of financial reporting with in-depth ongoing analysis and reporting of actual performance versus budgets and forecasts, including the identification of root causes and the implementation of corrective actions."
Review and approve various vouchers, including purchases, payroll, payments and petty cash.
Monitor vendor’s payment aging.
Approve utility bills and logistics payments.
Review and maintain accounts payables, reconciliation and general ledger.
Ensure timely payments, including commission , processing, marketing, and transportation expenses while ensuring tax compliance.
Validate purchase vouchers and coordinate with the purchase department.
Oversee the accurate and timely processing of invoices, ensuring adherence to company policies and procedures.
Skilled in forecasting and budgeting for petty cash and consumption, improving financial accountability.
Monthly cash expense report and comparison with standards.
Checking the monthly consumptions and capitalization report and comparison with budget.
Proved instrumental in maintaining and updating valuations and adjustments of all inventories in ORACLE.
Key Accomplishments:
Administered company's financial accounting, reporting systems and month/year-end activities, including inter-company reconciliations and external/internal audit correspondence.
Shoulder the responsibility for budgeting, forecasting, funds and treasury management, inventory control, and system development to assure effective operations.
Collaborated with ERP team to upgrade system and retain a thorough understanding of the financial reporting and general ledger structure, product costing.
• Significant Achievements
Implementation of Oracle & GMS.
Enhanced cash management, resulting in better cash flows.
Mentored junior team members, reducing errors by great extent.
Implemented KPIs, leading to significantly improve their performance.
Examine records, reports, operating procedures, and documentation to assist clients in establishing internal control procedures.
Assisting clients in maintaining internal control systems through the updating of audit programmes and questionnaires; recommending new policies and procedures.
Prepares a final report to communicate audit findings.
Verifies assets and liabilities by comparing physical items by documented figures.
Completes audit work papers by documenting audit tests and findings
Preparation of the montly financial statements and manage / maintaining financial records for the internal and external review for these documents.
Prepare short and long-term financial forecasts of financial performance for use with internal management
Recording of financial transactions and Oversee the cash management function, including banking relationships
Handling accounting operations including Account Receivable, Account Payable and Financial statements
Managing Accounts Receivable by ensuring receipt on time by review and analysis of aging report
Processing the payroll.
Complete analysis of expenses on weekly, monthly basis
Participate in other assignments as required
Passing of journal entries related to work in company’s software
Book Keeping Of All Transactions In General Ledgers
Assist for payroll calculation and recording salaries
Keep Track of Account Payables and receivables
Making Bank Reconciliation Statement
Manage cash In Hand
Achieving A+ grade To Pass The Exam In Every Subject.
Bachelors In Commerce