A Group company that engages in development of master planned residential communities and properties located in Abu Dhabi and Dubai.•Finalisation of accounts for annual audit and monthly closing of accounts.•Escrow & Corporate accounts reconciliation with the actual collection received.•Coordination on Escrow account audits •Analyse accounting records and preparation of financial statements for management reporting•Preparation of monthly cash flow and collection reports to ascertain the status of collection.•Handling bank accounts and monitoring bank balance status by using online services.•Variance analysis of actual and budgeted expenses•Intercompany account reconciliation and consolidation of group accounts.•Reconciliation of complex group transactions & group expenses allocation.•Fixed asset accounting to record addition & disposal of fixed assets and calculate depreciation.•Maintaining of accounting records according to VAT requirements, recording of input tax and output tax, filing VAT return and VAT refund claims.•Verification of tax invoices for compliance with FTA rules.•Monitor and training of junior accountants, renewal of medical and property insurance •Maintain chart of account and review of trail balance for proper posting and bookkeeping.•Handling stock reconciliation and Petty cash management. •Preparation of payroll and disbursement by WPS, leave salary & payment of gratuity.Accounts Payable department responsibilities •Project wise posting of progress payment certificates received from contractors for payment.•Post purchase invoices, matching purchase invoices to purchase orders, Process supplier payments & resolve mismatch with suppliers, payment of utility bills, credit cards.Accounts Receivables responsibilities •Reconciliation of customer statements for refund of cancelled units. •Review and update payment flexibility and PDC extension request.•Update and review cash collection and aging reports.

(Electronics, Beauty products, Foodstuff and Automobiles Trading Company)

Responsible to Maintain accounts of 5 group companies as per IFRS requirements.Al Mulla Converting Industries, Al Mulla Trading & Contracting. Al Mulla Real Estate,Al Barza Supermarket, Lumiere Exhibition Organizers & Event Management.•Financial planning, Risk assessment and evaluation of effectiveness of risk assessment process•Annual & monthly budget preparation, cash flow statement management•Variance analysis of actual and budgeted expenses•Finalization of accounts for annual audit and month end closing •Handling Trade finance, opening L/C, LBD, T/R and TT transfer for foreign payments•Monitoring funds position in banks to meet working capital requirements•Preparation of financial statements and various MIS reports, consolidation of group accounts•Reconciliation of complex group transactions & group expenses allocation•Bank & stock reconciliations•Costing, Project accounting, Commission calculations, Maintain chart of account •Fixed asset accounting to validate and record addition and disposal of fixed assets and calculate appropriate depreciation•Inventory management & handling of petty cash•Co-ordination with HR department to resolve employee related issues•Preparation of payroll through WPS more than 300 employeesAccounts Payable department responsibilities •Post purchase invoices, matching purchase invoices to purchase orders, Process supplier payments• Resolve any discrepancies with suppliers, payment of utility bills, credit cards•Reconciliations of suppliers statements, booking of monthly accruals Accounts Receivables department responsibilities •Post and allocate customer payments & follow up on payments from customers •Customer risk assessment analysis & evaluate the effectiveness of credit control function•Reconciliations of customers statementsTrainingResponsible to train junior accountants, cashiers & store keepers

•Tax calculation and payment•Bank reconciliation and finalization of accounts•Maintain chart of account •Co-ordination with HR department to resolve employee related issues•Handling of petty cash•Inventory management & co-ordination with purchase dept for suppliers payment