Senior Accountant
CurrentMukaty holdings Ltd. Is a sister Company of Chapal World Ltd. a renowned Real Estate Developers in United Arab Emirates and across the World. Mukaty Holdings has projects in Dubai & Ajman with the Financial Strength of AED 400 Million.Manage the complete financial and accounting functions of this leading Real Estate Developer by managing the Accounts team directly reporting to the Senior Director.• Responsible for the company Management Accounts: - Develop the complete Finance, Accounting and Audit System and procedures for the Company from scratch. Preparation of all Financial Statements e.g. Cash / Fund Flow Management, Internal Controls, MIS, Banking, Credit Control, Fixed Assets, Bank Reconciliation, A/P & A/R , Petty Cash Management function.• Responsible for Annual Accounts: - Preparation of Annual Accounts up to Finalization with all management reports.• Feasibility of the Projects: - Responsible for Making the Feasibility study by analyzing the Market situation and introducing.• Monthly Budget and Comparison with Actual Cost: - Preparation of monthly budgets of Inflow and out flow and comparison with actual.• Liaise with the Auditors for the Annual Audits. Prepared various schedules for audit I.E Fixed Assets, accrual, depreciation, rent end of service benefits etc. • Prepared monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses. • Ensured that the financial records are maintained in compliance, and recommended changes in procedure when appropriate.• Prepare fund flow statement and arrange the payment to Contractors and Master Developer and Agents of the Company.• Manage Payroll processing for employees. Supervised cash disbursement of business expenses to employees, coding of expense vouchers and petty cash. • Conferred with subordinates to resolve procedural problems in tracing sources of errors.