Company: Gulf General Investment Co PJSC
Website: www.ggicouae.com
Position: Senior Financial Accountant reporting to MD & GM
Period: From 2004 to-date
Company Profile: GGICO is a Public Joint Stock Company having twenty two subsidiaries engaged in the business fields of real estate, Hotel, aluminum fabrication, steel manufacturing, vehicle body, and manufacturing, Perfumes, Aircraft, and Insurance etc. The Company has been listed in Dubai Financial Market.
Job Profile: Being a Senior Financial Management Accountant I have engaged in various financial activities of the company and few subsidiaries engaged in investment (real estate, securities) and commodities business, event management etc.
GGICO INVESTMENT CO.
- Bonds & securities portfolio-U.A.E, GCC & Jordan -Investment Division
- Following and input the details of Purchase Shares on a daily basis (securities & bonds system)
- Check input details of sale Shares on a daily basis
- Prepare necessary J.V For purchases & Sales on a daily basis
- Monthly reconciliation accounts with more than 7 brokers and 15 investment accounts. Reconcile the portfolio with financial markets on a daily basis & monthly or as requested.
- Revaluations the portfolio value as auditor request each quarter & as IFRS(INTERNATIONAL FINANCIAL
- REPORTING STANDARDS)
- Preparing of bank reconciliation on a monthly basis for the trading accounts (brokers)
- Prepare & present all information about the portfolio to Managing Director, General Manger and Financial Manger.
- Handover Banks Facilities, Mortgage through shares
- Preparing the Quarter OR annual report for rating for all the Group of GGICO (Investments)
- Preparing cash flow for investment in shares.
GGICO property & real estate Co.
- Real – estate Division:
· Prepare & present all information about real-estate (rentals) for Managing director.
· Checking revenue for each building.
· Checking expenses for each building.
· Calculation & preparing the difference of rent for canceled contract.
· Input tenant contracts to the accounts system
· Preparing Budget for Revenues & expenses expected for all buildings
· Prepare and input JV for Real Estate contract in (accounts system & Real Estate system).
- Preparing & supervision on the agreements between company & maintenance companies. Arrange the
- payment as per the agreements.
- Follow up Real – estate Dept. for renewal tenancy contracts for the buildings & villas (approximately
- thousands of apartments).
- Follow up with free hold Dept. for return cheques status.
- Reconciliation tenants' accounts with accounts team.
-General accounts & Administration Inn The Holding Company responsibility:
- Cross Checking payment voucher.
- Cross Checking petty cash statement.
- Cross Checking Payroll for staff salaries & labors wages on a monthly basis.
- Assist to Prepare of the financial statements (Trial Balance, Income Statement & Balance Sheet)
- Monthly.
- Liaison with the external Auditor.
- Coordinator accounts from other sister companies and subsidiaries & (Checking payment voucher, supporting
- documents, correspondence etc ) before sending them to the Managing Director
- Assist to repairer cash flow.
- Coordinate accounts from other sister & subsidiaries companies.
- Assist Group General Manager in a management work (office work—press ,marketing, AGM, help in
- corresponding with Shareholder on annual or as requested,)
* Handling finance department for one of sister company (full accounts system)
Company: Gulf General Investment Co PJSC
Website: www.ggicouae.com
Position: Accountant reporting to Finance Manger
Period: From 2000 to 2004
Major Tasks and Responsibilities:
· Preparing JV, PV, RV, DN, CN, PDC RV & PDC PV, & posting on daily basis.
· Prepare petty cash statement.
· Prepare bank reconciliation on a monthly basis.
· Follow-up & controlling all transactions in our account on a daily basis.
· Prepare Payroll for staff salaries & labors wages on a monthly basis.
· Controlling & monitoring for all accounts & arranging funds transfer as per our procedures.
· Preparing depreciation schedule on a monthly basis.
· Preparing accrued expenses & advanced expenses J.V and list of it.
· Preparing provision schedule for receivable, gratuity, leave salary accounts.
· Follow up tenancy contracts for the buildings & villas (approximately hundreds of flats).
· Follow up maintenance contracts for buildings & villas.
· Preparing & supervision on the agreements between us & maintenance companies & arrange the
· payment to them as per the agreements.
· Preparing of Budgeted Revenues & expenses for all buildings.
· Calculation & preparing the difference of rent for canceled contract.
· Assist the finance manager in preparing the financial statements (Trial Balance, Income Statement & Balance Sheet) Monthly.
· Preparing the list of dividends cheques for the share holders
OTHER COMPANIES:
Company: Al Karnack Cargo LLC- Dubai, UAE
Position: Accountant and officer Operation
Period: From 1999 to 2000