Experience

TIME Hotels

• United Arab Emirates
• Hospitality
• 200 - 300 Employee

• Senior Accountant at Time Hotels Management LLC

  • Dec 2017 - Present

  • Completed the month-end closing process which included preparation of the monthly profit and loss, balance sheet report, analysis of the general ledger, and supporting schedules • Directed the preparation and maintenance of payroll records, monitored daily bank account balances, reconciled all banking transactions every end of each month, and exercised control procedures over cash • Reviewed all revenue transactions, miscellaneous charges on a daily basis • Under the direction of Financial Controller and the Chief Accountant, prepared division and consolidated financial statements, balance sheet account reconciliations, and other monthly reports in a timely manner and in compliance with company policies • Prepared all payments to suppliers, staff, and other external parties according to company policies and procedures • Verified all concession payments and the supporting documents and ensured that the agreed commission rate was deducted • Prepare the financial statement and balance sheet and perform a monthly review with the Chief Accountant & Financial Controller • Actively assisted the Operations Manager and Restaurant Managers in financial and functional expenditure analysis • Assured that the daily in-house guest balance was being reviewed for sufficient credit approvals • Prepared P&L forecast to show what we can expect to happen based on credible factors such as occupancy percentage and unexpected expenses • Prepared the weekly cash flow by inputting all transactions such as accounts payable payments, bank transfers, and other accounts, payroll, and other disbursements • Prepare & submit all required VAT returns and ensure that every tax liability is paid on time • Liaised with independent auditors in completing annual financial statement audit • Prepared the special reports and financial analysis as requested by the Chief Accountant or the Financial Controller Show less



Saleh Bin Lahej Hospitality division

• Hospitality
• 100 - 200 Employee

• General Accountant

  • Apr 2008 - Nov 2017

  • Preparation and review of monthly Profit & loss Statement. • Trend analysis of profit & loss statement to highlight unusual changes. • Review and reconciliation of prepayments. • Review of monthly accrual and their reconciliation. • Preparation of monthly Royalty for franchiser. • Review of daily bank position statement to priorities the payments. • Review and Update Sales from Micros to Accounting Software. • Preparation of internal reports for management. • Compile and analyse financial information to prepare Consolidated and standalone financial statements including monthly and annual reports. • Responsible for Accruals, Provision and Prepayment entries and reconciliation. • Update bank position report on daily basis. • Responsible for managing monthly and Year-end closing process. • Preparation of Intercompany Reconciliation Statements. • Resolve accounting discrepancies and irregularities. • Preparation of Internal financial Audit report & liaison with external auditor. • Review of Post-Dated Cheques monthly. • Preparation of management reports. • Quarterly balance sheet and P & L Fluctuation Analysis • Monthly expense variance analysis • Consolidation, inter-company transactions and reconciliations including foreign currency accounting. • Ensure accuracy of financial statements in accordance & compliance to internal policies • Balance sheet accounts reconciliations • Interface with management in various departments, including payables, sales operations, IT etc. • Prepare monthly cost allocations, financial statements & bank reconciliations. Show less