محاسب أول

A) Bank & Related and Balance Sheet

• Checking Daily Bank Position Report for each individual group company and Consolidated Bank Position Report for group companies.

• Verify the PDC, Loan and Client’s O/s amounts in the bank position report.

• Analyze the fund position and make sure that sufficient fund is available to meet future obligations.

• Check Projected Cash Flow Report for next six month or one year and after consulting with GL Officer make arrangement of fund for deficit.

• Analyse the group companies’ working capital requirement.

• Manage and control all aspects of In-house investment (Inter companies) portfolio.

• Evaluate, develop and implement cash and bank management systems to optimize efficiencies.
• Checking daily bank reconciliation statement and obtain justification for each reconciliation items as well checking monthly bank reconciliation statement and reporting to GL Officer.
• Understand and manage approved accounting procedures and processes in connection to cash and banking work.
• Build good relationships with bank and financial service provider,
• coordinate with them for obtaining new facilities, sorting out issues with existing bank and credit facility accounts.

• Checking and monitoring cash transactions.

• Checking and tallying cash physically with general cashier daily basis and report to GL Officer for any discrepancies.

• Supervise cash operational transaction (Cash Reimbursement, Replenishment), control flow of cash transaction and make sure all cash transactions are in line with approved cash policy and procedure.

• Setup control, check point for cash operation to avoid any mishaps.

• Prepare and execute schedule for cash spot check and report to GL Officer and Chief Accountant.

• Physical check to make sure petty cash balance confirmations are singed at every month end from cash float holders.

• Evaluate cash transactions monthly basis and submit analysis report to GL Officer.

• Checking and managing inter companies’ transactions.

• Review associate companies balance reconciliation to make sure balance tallies with each other and if not prepare reconciliation statement with proper justification.

• Prepare summery of associate companies transactions summery every month end and evaluate the transactions and report to GL Officer.

• Prepare repayment plan for associate companies’ payable balance (Fund injection for working capital requirement).

• Netting off balance from account receivable and account payable with associate company balances.

• Physical check to make sure that associate companies balance confirmation are signed every month end.

• Checking Client’s cheque log report in the system to control receipt of cheques from sales A/R department along with contracts.

• Checking checks returned reports before sending to management as verifying cheques on hold, expired cheques, cheque replacements.

• Taking physical inventory of post dated and security cheques and report to GL officer if there is discrepancy.

• Monitoring returned and hold cheques status.

• Preparing Balance Sheet of group companies every month,

• Preparing balance sheet schedules.

• Formulate ratio analysis for Balance Sheet.

• Conduct variance analysis of Balance Sheet.

• Perform interim and statutory audit of group companies.

(B) MIS Reports (Month End Closing, Owners Equity and Project Accounts)

• Update the company’s investments status monthly and prepare statement in excel to report to GL Officer.

• Update project cost sheet (company and owners personal projects) daily basis and submit the cost reports upon management requirement.

• Update the Owners Current Accounts for their capital injection and drawings on daily basis and keep owner’s equity statement ready in order to submit to management upon requirement.

• Submit Equity Statement to owners on monthly basis for their confirmation on the balance and keep the signed balance confirmation in confidential file.

• Maintain E-file and hard file of supporting documents related to Owners Current account in order to provide any supporting document upon their requirement.

• Coordinating with accounts division heads and other department heads for monthly closing of books.

• Checking monthly closing entries related to prepared, accrual, provisions other closing JVS.

• Checking expiry dates of property, Annual Maintenance Contracts, and Insurance Policies (All Risk, employee compensation and medical insurance and vehicles and other insurance policies) and remind Admin Department for renewal and book the necessary accrual in the books.

• Reconciliation of Utility (Water & Electricity) accruals meter wise monthly basis. And aging for the utility accruals meter wise.

• Maintaining building and land rent and other contracts file and checking the expiry dates of the contracts and get it renewed from legal department.

• Monitoring and updating associate companies’ cost report in order to fix rates for new tender or contracts with the clients.

• Preparing Monthly Profit and Loss Account and Schedules for each group companies every month end.

• Preparing consolidated and comparative Profit & Loss Account and variance report with proper remarks.

• Perform interim & statutory audit and preparing audit requirements.

• Assists in audit process and perform task assign by Accounts Officer and Chief Accountant

('C) Payroll

• Checking monthly payroll for all group companies i.e. Reconciliation, Addition, Deduction and Over Time.

• Examining addition and deduction list and make sure it forwarded to HR department on deadline for payroll processing.

• Preparing payroll payment and make sure all the staff received their monthly salaries.

• Checking all JVs for transferring of payroll cost to related companies.

• Checking and controlling cost center Allocation for payroll and related expenses between groups of companies.

• Inspecting JVs related to provision for new visa, renew visa, Air ticket, Expense related JVs like accommodation, catering, Laundry, Health Insurance and emirates ID etc.

• Scrutinizing LPO and Invoices for Air Ticket for proper booking in company and personal account.

• Scrutinizing Invoices for staff health insurance for proper booking in company and personal account.

• Evaluation and Scrutiny of Employees Annual Leaves, Final Settlements, sick leaves, internal transfers and Initial Engagement etc.

• Preparation of Payroll with related expenses department wise in Excel format.

• Checking and controlling Cash on line account i.e. CBD and E-Dirham Invoices (Labour & Immigration) and its allocating from associate company etc. and Personal Accounts.

• Checking Cash on line account i.e. CBD and E-Dirham Reconciliation.

• Preparing various MIS reports relating to payroll cost of group companies for decision making purpose.

(D) Fixed Assets and F&B Division

• Checking fixed assets purchase transactions, monthly depreciation entries, assets transfers, resale of fixed assets.

• Managing and monitoring of scrap sale of fixed assets.

• Scheduling physical inventory of fixed assets and managing fixed asset module in the system.

• Performing interim and statutory audit.

(D) F&B Division

Coordinating with accounting coordinator for payroll, fixed assets, cash and bank, account payable/receivable, income and monthly financial closing and report to GL Officer.