Allaudeen Jamal

PROFESSIONAL EXPERIENCE:

Role : Chief Accountant

Company : The Venue Hotel , Saudi Arabia Jeddah .

Years of Experience : May 2023 till date

· Supervise and allocate the work of the accountancy sections to ensure that all tasks are completed within prescribed timescales.

· Contribute to the preparation of the annual revenue and capital budgets, monitoring of financial performance and completion of the annual accounts.

· Conducting monthly credit meeting and P&L review meeting.

· Plan and optimize the local cash flow tracking AR with bottler.

· Prepared payroll and terminal benefits and posting payroll

related JVs

(Like. ESOB, Privilege leave, Ticket Accrual).

Role Responsibilities:

.Prepared payroll and terminal benefits and posting payroll related JVs

(Like. Gratuities, PL Accrual, PF and ESI Accrual and salary).

· Maintained cash flow by monitoring bank balance and cash flow requirement.

· Maintained the AMC tracker and renew the agreement in timely.

· Assist the Director of Finance in the preparation of the annual budgets and monthly forecasts as required.

· Prepare the balance sheet schedule on monthly basic.

· Monthly tally with intercompany ledger.

· Maintained prepaid tracker on monthly basis.

Role Responsibilities:

· Prepared payroll and terminal benefits and posting payroll related JVs (Like. Gratuities, PL Accrual, PF and ESI Accrual and salary).

· Daily analysis the expenses and finding solution.

· Prepare Balance sheet schedule on monthly basis.

· Preparing GSTR 3B and TDS on Monthly basis.

Handling Auditing quires and provide the relevant Documents

Role Responsibilities:

· Prepaid entry, Monthly Accrual, Food Cost JV, Salary Related JV

· Handles Preopening setups such as Opera code

· Mapping with Sun system and created Chart of accounts in Sun system

· Weekly Currency rate updated in opera as per Financial controller Instruction

· Prepare Daily Revenue Report

· Daily Credit card Reconciliation. & Bank Reconciliation

· Monthly Creditor statement reconciliation.

· Monthly Staff Payroll & Related JVs.

Handling Auditing quires and provide the relevant Documents

Role Responsibilities:

· Prepared payroll and terminal benefits

· Ensured daily posting of revenues and expenses to the appropriate books

· Prepared journal entries, monthly adjustments and financial statements

· Processed bi-weekly payroll entries and verified accuracy of GL posting

· Calculated month end journal entries for utilities expense and employee benefits allocation

· Responsible for GL coding of AP invoice payments

· Assisted the hotels' Directors of Finance with monthly tasks

· Checking and verifying for long outstanding LPOs.

· Making and receiving telephone calls to and from suppliers on a variety of queries

· Verifying and checking expenses claims.

· Reconciling intercompany transactions on regular basis.

· Ensure the Month End Close is completed within the allocated deadline.

· Maintain good audit compliance & controls.

Role Responsibilities:

· Collects and verifies daily all Cashier’s Remittance envelopes from all deposits, depository boxes and drop sheets and counts contents while accompanied by a witness duly authorized by the Accounting Manager.

· Maintains an accurate record of all cash fund transactions and initiatives its replenishment. Issues cash floats for cashiering purposes. Maintains an accurate record of all cash funds issued and the value of each cash.

· Preparing reports on purchase turnover and sales turnover.

· Ensure adequate control over foreign exchange

· Reconcile, investigate and correct any cash and credit card discrepancies

· Ensure all takings are banked in a timely manner.

· Execute on tasks/requests as instructed by the Finance Manager and/or General Manager.