Chief Accountant

Job Description

Job Title : CHIEF ACCOUNTANT Department : ACCOUNTS Principal Responsibilities: The chief Accountant is in-charge of all accounting activities and responsible for preparing the financial performance reports, assisting departments with annual budgets and forecasting, ensuring internal controls within the Accounts department and preparation of all tax related works. Further, to ensure the preparation and recording of all the assets, liabilities, revenue and expenses entries by compiling and analyzing the account information. Maintains proper checks and balances on all GL accounts by verifying, allocating, posting, reconciling and resolving any discrepancies on all transactions.1. GENERAL ACCOUNTING Liaising with Banks and to maintain a good relationship with the Bank RMs assigned to the Company, to ensure support on all day to day banking activities. Responsible for financial audits and statutory compliances. Handle the full spectrum of financial and cost accounting role including the AR, AP, GL, forecasting, budgeting, etc. Responsible for all day to day finance and accounting operations. To be responsible and ensure timely closing of accounts as per the management guidelines in this regard. Responsible for the preparation of monthly consolidated financial statements. Ensure the cash-flow management by having an efficient management of all payments in line with the approved credit periods. Review & approve payment vouchers & journal entries. Perform cash flow forecasting & budgeting. To work closely with the with the Property Management and Development departments in analyzing the variances and conducting cost analysis. Review of the project payment certificates for the projects. To be responsible for maintaining the internal control and effective accounting system and policies. Support the HOCS in establishing and maintaining systems for cost-sensitivity analysis and early-warning of cost-overruns Work consultatively with the respective departments on cost reduction initiatives. To ensure the Monthly posting of all Rental and related incomes. To ensure that all entries in relation to the monthly closing of books are passed, viz, for Provisions, Accruals & Prepaid Income/Expenditures. Ensure that the Bank reconciliations are conducted on a weekly basis. Generating the MIS Report for the departments and for the Company. To ensure that a proper Document Control system is maintained for all Subsidiaries. Prepare Year End Forecasting/ next year Budget. To Liaise with the Finance department at all the subsidiary companies in having the monthly debit/ credit notes issued and ensuring the monthly reconciliation of SOAs. To prepare the quarterly VAT reports and ensure that the VAT filing are done promptly on or before the due dates. Generating the monthly MIS Report and quarterly reports for the Board Presentation2. PURCHASING To review each departments purchase requirements. Review of the LPOs prepared before issuing the same and ensuring that the approvals from the concerned HODs are obtained. Follow up on the LPOs issued with the invoices and ensuring that the job is completed/ delivered before the payment is processed Getting the invoices approved by each HOD before effecting the payment. Reviewing the Capex requests.3. BANKING Preparation of Weekly Fund position to ensure the financial position at Banks. Review of the monthly Bank Reconciliation Statements. Ensure and maintain proper Bank correspondence files for all bank accounts. To keep a tracker for all facilities, EIBOR rates, interest calculator and repayments schedule to ensure prompt payments to the banks on the facilities.4. SALARY PREPRATION & DISBURSEMENT Review of the Staff Salary Sheet as per the sheets received from HR. To upload the approved Salary Sheet for WPS/ Non WPS online transfer and prepare the bank transfers/ Cheques for direct payments. 5. PETTY CASH & PAYMENTS Maintaining petty cash float for Office Expenses. Ensure the reimbursement of the petty cash float are in line with the policy6. MISCALLANEOUS Physical verification of fixed assets & Stationery items periodically. Monthly review of Leave Salary report for each staff as received from the HR. Monthly review of Staff Gratuity as received from the HR. Ensure that the Debit Notes & Statement of Accounts are sent to the related parties promptly and on a monthly basis.To support the Accounts Team in generating all reports and in maintaining all documents, as necessary and ensuring that a Master filing system is in place at the Accounts department.Key Competencies: Accounting, Research Skills, Analyzing Information, Attention to Detail, Deadline-Oriented, Confidentiality, Integrity, Thoroughness, Corporate Finance, Financial Software knowledge, Good Communication and Business correspondence skills.Education and other skills: Qualified/ Semi-Qualified Chartered Accountant. Masters degree in commerce & Accounting.

Keyskills :

About Company

Please explore our website https://avantgardelogistics.com/

Avant Garde Logistics set sail in 2002 with its operation focused predominantly on Fashion Logistics. We have since grown to be one of the UAE?s leading logistics companies, providing excellent solutions for contract logistics, end to end solutions and freight management.
We offer every customer a service tailored to their specific needs, built on our formidable experience gained over the last 20 years. AGL has a logistics distribution facility in Jebel Ali Free Zone and another facility in Dubai mainland