General Accountant

Fully responsible for VAT accounting and up to finalization, produce error-free accounting reports. Customer credit monitor, aging report, SOA updates on time, payment follow-up to collection. Maintain the general ledger and all related accounts with proper documentation and records of all transactions and maintain collection and billing reports. Maintain fixed asset records, determine depreciation terms/rates to apply to capitalized items. Must have knowledge of LC/BG/Bank Terms/Facilities. Verify and approve monthly payroll and make the necessary salary deposits/transfers. Responsible for processing of monthly payroll and employee expense reimbursements. All deposit work. Prepare and maintain cash flow analyses as needed and analyze monthly financial statements (balance sheet, income statement, and statement of cash flows). Verify the supplier balances and endorse payment requests. Maintain records for account receivables, deposits, prepaid/accrued expenses. Report on the status of accounts payable and receivable. Responsible for HR-related work too. Performing cost analyses, reviewing purchase orders, invoices, and supplier contracts. Checking sales LPOs, register project and sales orders, analyzing prepaid invoices/pro-forma invoices. Receiving collections, verifying deposited amounts to the bank, maintaining postdated cheque register and clearing cheque through the system on daily/weekly bases. Analyzing/posting TAX invoices after material delivery, collecting payments through Bank Cheques, credit or debit notes and stock entries or issuance. Managing inventory check and stock taking every quarter. Posting suppliers invoicing, CDC & PDC payment schedule daily, weekly & monthly bases. Coordinating with suppliers for material delivery & payment-related issues. Petty cash posting & reimbursement (Office, Procurement, PRO, Engineers). Managing supplier payment releases, weekly cash inflow/outflow & other payments. Maintaining payment tracker, priority of payments according to cash flow and managing PDC Issued Cheque Register. Checking/posting payroll, management of documents like timesheet on the system monthly, leave salary, final settlement and processing WPS. Maintaining the leave tracker, gratuity and special advance record for all staff. Checking/posting Bank related documents PDC Discounting, LC Discounting, LTR Process, arranging LC documentation – Inward/Local/Direct, PDC Discounted Register, LC Register, LTR Register, monthly bank charges, bank interest, fixed margin, loan payment to bank etc. Analyzing/posting bank payments like for all our distributors payment and arranging bank guarantee applications, Bid Bonds, Performance Bonds. Checking/posting general ledger and monthly closing statements, Profit & Loss sheet & balance sheet, suggest adjustment for unrecorded transactions, intercompany reconciliation, Bank Recon, provisions for bonus and sales commissions. Posting of provisions for bonus and sales commissions. Formulating fixed assets register, computation of cost allocation for all monthly expense, accommodation & maintaining prepayments schedules, depreciation register & amortizations. Generating monthly reports FS (Balance sheet, Income Statement, Cash Flow Statement) + Inhouse FS, Monthly reports Division/Project-wise Profitability Report. Preparing overall results in graphs to revenue, costs, net profit/(loss) and overhead. Analyzing and updating cash flow forecast, collections report for current and previous year. Assistance and support Line Manager in preparing all financial reports. Contributing to team effort by accomplishing all related duties as requested from management. Qualifications: Minimum Bachelor's degree in Accounts, Master's is preferable. Minimum 4 years experience in Accounting Field in UAE. Experience in Using Zoho Book. Good level in Microsoft Office (advanced level in Excel). #J-18808-Ljbffr