Experience

Almasa

• United Arab Emirates
• Software Development
• 1 - 100 Employee

• Accounts Payable

  • May 2009 - Present

  Job Description:-  Handling Receivables & Payables (Local and Over Seas Vendors) and their Reconciliation  Handling all Vendor Correspondence, Payments & allocation.  Daily Bank Correspondence & Bank Reconciliation  Local and overseas Telegraphic transfers (Major Supplier) on daily basis  Preparation of all employment dues, including End of service Settlement (EOS)  All Expense Accounting and budgeting Expense Accruals for Every month, Analysis & Variance Study etc.  Preparing document payment for TR Invoice/TR-LC Invoice financing  LBD ( Local bill discounting) & Invoice discounting  AP account reconciliation  Handling all Petty Cash accounting ad reimbursement.  Payroll Management and processing through WPS Payment system  Assisting Finance Manager to prepare cash flow.  GRN Costing, Inter Company Transactions Reconciliation  Maintain accurate, updated accounting record. Show less



M/s. Delta Business Product FZ Co. (UAE)

• Accounts Executive

  • May 2005 - Apr 2009

  Job Description:- Banking & Finance  Keep on tracking with various banks.  Opening of L.C. (Letter of Credit) for various foreign suppliers.  Opening of T.R. (Trust Receipt) against foreign & local suppliers as well as freight forwarders.  Getting documents cleared from banks against bills of exchange or payable at sights for the clearance purpose of various imports consignments.  Update day-to-day transactions in books of accounts.  Preparing bank utilization statements.  Preparing bank reconciliation statements for various banks within the group companies. Accounts Payables  Provisions for supplier’s bills as per information given by warehouse.  Monitoring supplier’s payments as per their credit periods.  Quick feed back on supplier’s queries after coordinating relevant departments in the company.  Reconciliation of supplier’s ledgers against outstanding payments.  Co-ordinate with admin department for update of petty cash expenses details.  Closing of inter-company accounts within the group companies. Accounts Receivables  Tracking of payment receivable from various customers.  Day to day follow up with customer for receipt of payment.  Adjusting sales invoices against payments received from customers.  Transfer of funds within the group companies as per requirement.  Internal Audit & Co-ordination with external Auditors  Closing of all inter-company accounts within group companies.  Annual stock checking with the co-ordination of warehouse.  Confirmation of balances from foreign as well as local suppliers.  Provide all necessary details to the auditors Show less