Accountant
CurrentProcess to Pay – Verification of Purchase orders with Quotes and recognizing purchase invoices in the appropriate and Inventory Heads.• Reconciliation of bank statements, credit card statements – record transactions not reflecting in books of accounts and rectification of inaccurate entries.• Preparation of Dewa Bills & Telecommunication bills • Daily Cash- in-hand reconciliation of all BUs and petty-cash verification to avoid misrepresentation / fraud. Handled daily based on the requirement• Payment vouchers – Preparation and reconciliation of vendor SOAs with books balances. In-depth scrutiny of VAT No., requisition of indemnity letters for non-registered vendors. Assistance with balance confirmation upon requests.• Prepaid and Accrual master schedule – to allocate the expenses to respective G/L heads as they accrue.• Preparation of Sales Tax Invoices to debit expenses to different divisions across various Gulf regions.• MIS Reporting – of summarized Aged AR & AP supplemented with forecasts for review.• Preparation of monthly sales reports and confirmation of sales balances for T.O.R calculation in line with the lease agreements.• Intercompany Reconciliation on monthly basis.• Preparation of cash flow & fund flow statements on a daily basis. • Preparation sales incentives to the sales representatives based on the sales target achieved. • Preparation of LPO based on the approved quotation from customer• Keeping track of Fuel, Telephone and Utility expense and reporting to analyze trends and variances.• Input VAT – Through auditing of input VAT balances for VAT filing. Reconciliation of G/L balances of Input VAT, Output VAT, RCM, and Exempted supplies against VAT payments.
