Total Years of Experience: 14 Years, 1 Months
November 2022
To Present
Group Budgeting Supervisor
at Saudi German Health Group
Location :
Saudi Arabia - Jeddah
* Creating financial models and plans to track and monitor data.
* Contribute to collecting and consolidating data for budgeting reports.
* Prepare budgeting financial reports on a monthly basis
* Participate actively in the preparation of the annual budget in terms of costing, margin, etc.
* Assist Management and other departments in financial studies relating to effect of cost on the margin and profitability.
* Review the monthly revenue target and set the monthly collection target in coordination with the Operations Dep.
* Root cause analysis of actual versus budget variances and validation of budget targets.
* Provide management with financial advice on the overall corporate financial position
* Contribute to collecting and consolidating data for budgeting reports.
* Prepare budgeting financial reports on a monthly basis
* Participate actively in the preparation of the annual budget in terms of costing, margin, etc.
* Assist Management and other departments in financial studies relating to effect of cost on the margin and profitability.
* Review the monthly revenue target and set the monthly collection target in coordination with the Operations Dep.
* Root cause analysis of actual versus budget variances and validation of budget targets.
* Provide management with financial advice on the overall corporate financial position
December 2021
To October 2022
Cheif Accountant
at J Oil
Location :
Saudi Arabia - Jeddah
* Supervise and lead and training for western region team to insure that daily tasks are met and reports sent.
* Monitor cash collection and deposit process to insure that cash is secured and in Banks.
* Follow and update monthly and weekly reports concerning sales and cash and expenses.
* Monthly closing and related tasks and follow up with my team.
* Monitor pettycash and analys and allocate related expenses for further approvals.
* Discuss and suggest and participate in all concerns that is related to finance with operation management for better control and performance.
* Participate in setting roles and policys and ideas.
* Taking important role in setting KPI on western team and finding weaknesses to repair and suggest best action.
* Using Oracle for manager access for monitoring books and doing necessary reconiliations.
* Monitor cash collection and deposit process to insure that cash is secured and in Banks.
* Follow and update monthly and weekly reports concerning sales and cash and expenses.
* Monthly closing and related tasks and follow up with my team.
* Monitor pettycash and analys and allocate related expenses for further approvals.
* Discuss and suggest and participate in all concerns that is related to finance with operation management for better control and performance.
* Participate in setting roles and policys and ideas.
* Taking important role in setting KPI on western team and finding weaknesses to repair and suggest best action.
* Using Oracle for manager access for monitoring books and doing necessary reconiliations.
January 2017
To November 2021
Senior Financial Accountant
at Fawaz group
Location :
Saudi Arabia - Jeddah
GL:
• Handle month-end and year-end closing process.
• Assist with Annual Audit and cover all auditors required information and clarifications.
• Prepare and report the VAT monthly basis and respond to any inquiry from Zakat.
• Verify, allocate, post and reconcile accounts payable and receivable.
• Review and recommend modifications to accounting systems and procedures to maintain and strengthen internal controls.
• Maintain all Staff Cost sheets and process monthly payroll.
AR:
* Manage the AR section and all related activities, and ensure that all payments made by our clients are booked with immediate effect.
* Coordinating with the sales team to ensure that customer ledger is updated and all prepayments from customers is cleared parallel with the delivery of the materials.
* Monitor the Customers Aging on Weekly/ Monthly basis and set an action plan for collectors to control the overdue.
* Follow with sales staff to provide expected collections and to insure collecting it in the promised time.
* Record all entries related to the AR section such as Bank deposits, collections and cash sales done through our showrooms.
* Handling the LC process from the issuing till the collection.
* Follow with salesmen to ensure that all customers balances are matching and resolve any discrepancy if available
• Handle month-end and year-end closing process.
• Assist with Annual Audit and cover all auditors required information and clarifications.
• Prepare and report the VAT monthly basis and respond to any inquiry from Zakat.
• Verify, allocate, post and reconcile accounts payable and receivable.
• Review and recommend modifications to accounting systems and procedures to maintain and strengthen internal controls.
• Maintain all Staff Cost sheets and process monthly payroll.
AR:
* Manage the AR section and all related activities, and ensure that all payments made by our clients are booked with immediate effect.
* Coordinating with the sales team to ensure that customer ledger is updated and all prepayments from customers is cleared parallel with the delivery of the materials.
* Monitor the Customers Aging on Weekly/ Monthly basis and set an action plan for collectors to control the overdue.
* Follow with sales staff to provide expected collections and to insure collecting it in the promised time.
* Record all entries related to the AR section such as Bank deposits, collections and cash sales done through our showrooms.
* Handling the LC process from the issuing till the collection.
* Follow with salesmen to ensure that all customers balances are matching and resolve any discrepancy if available
November 2013
To January 2017
Senior AP Accountant
at Abdullah A.M. AlKhodari Sons Company
Location :
Saudi Arabia - Khobar
* Vendor account reconciliation and balance confirmation, and supplier creation.
* Verify appropriate approvals of invoices by ensuring that three way matching rules is properly implemented and resolve accounts payable issues and investigate.
* Verify that transactions comply with financial policies and procedures.
* Coordinate between finance and central warehouse and sites to ensure that all discrepancies is reconciled and cleared.
* Participate in the invoice booking process in oracle.
* Maintain the integrity and the accuracy of the Procure to Pay (P2P) cycle for all new supplier set ups and maintenance.
* Process the automated payment request generated on oracle once the invoice is due in coordination with Project Managers.
* Reporting in weekly and monthly bases the AP reconciliation progress report.
* Assist various month end closing related works.
* Assist with other account payable coordinators workload when necessary to meet departmental deadlines.
* Verify appropriate approvals of invoices by ensuring that three way matching rules is properly implemented and resolve accounts payable issues and investigate.
* Verify that transactions comply with financial policies and procedures.
* Coordinate between finance and central warehouse and sites to ensure that all discrepancies is reconciled and cleared.
* Participate in the invoice booking process in oracle.
* Maintain the integrity and the accuracy of the Procure to Pay (P2P) cycle for all new supplier set ups and maintenance.
* Process the automated payment request generated on oracle once the invoice is due in coordination with Project Managers.
* Reporting in weekly and monthly bases the AP reconciliation progress report.
* Assist various month end closing related works.
* Assist with other account payable coordinators workload when necessary to meet departmental deadlines.
October 2011
To October 2013
Senior AP/ Assets Accountant
at Domiatec Group
Location :
Egypt - Cairo
Assets Control Duties:
* Maintain accurate and complete asset registers for assets including land, buildings, plants, intangibles and natural assets.
* Recommend to management any updates to accounting policies related to assets.
* Record asset acquisitions and dispositions in the accounting system.
* Track the compilation of project costs into asset accounts, and close out those accounts once the related projects have been completed.
* Calculate depreciation for all fixed assets (run dep.on accounting system SAP).
* Conduct periodic physical inventory counts of fixed assets.
* Conduct analyses related to assets as requested by management.
AP Control Duties:
* Monitor contractors and suppliers accounts and log the new transactions into SAP and Delta Financial System.
* Verify contractors and suppliers invoices and issue payment request.
* Log projects financial activities and invoices on excel spreadsheet.
* Analyze and evaluate projects progress.
* Make a Pre-verification for any new deals or contracts related to projects.
* Preparing any reports or analysis for projects according to Management requirements.
* Report in weekly basis contractors and suppliers Aging and account position.
* Maintain accurate and complete asset registers for assets including land, buildings, plants, intangibles and natural assets.
* Recommend to management any updates to accounting policies related to assets.
* Record asset acquisitions and dispositions in the accounting system.
* Track the compilation of project costs into asset accounts, and close out those accounts once the related projects have been completed.
* Calculate depreciation for all fixed assets (run dep.on accounting system SAP).
* Conduct periodic physical inventory counts of fixed assets.
* Conduct analyses related to assets as requested by management.
AP Control Duties:
* Monitor contractors and suppliers accounts and log the new transactions into SAP and Delta Financial System.
* Verify contractors and suppliers invoices and issue payment request.
* Log projects financial activities and invoices on excel spreadsheet.
* Analyze and evaluate projects progress.
* Make a Pre-verification for any new deals or contracts related to projects.
* Preparing any reports or analysis for projects according to Management requirements.
* Report in weekly basis contractors and suppliers Aging and account position.
February 2011
To October 2011
External Auditor
at Abdelraouf Law Firm
Location :
Egypt - Cairo
* Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation.
* Verifies assets and liabilities by comparing items to documentation.
* Completes audit workpapers by documenting audit tests and findings.
* Provide Bookkeeping services and Payroll as well as preparation of the Financial Statements.
* Appraises adequacy of internal control systems by completing audit questionnaires.
* Maintains internal control systems by updating audit programs and questionnaires; recommending new policies and procedures.
* Communicates audit findings by preparing a final report; discussing findings with auditees.
* Verifies assets and liabilities by comparing items to documentation.
* Completes audit workpapers by documenting audit tests and findings.
* Provide Bookkeeping services and Payroll as well as preparation of the Financial Statements.
* Appraises adequacy of internal control systems by completing audit questionnaires.
* Maintains internal control systems by updating audit programs and questionnaires; recommending new policies and procedures.
* Communicates audit findings by preparing a final report; discussing findings with auditees.
October 2009
To September 2010
External Auditor
at Al Moheet Al Arabi "Taxes Consultation & Auditing"
Location :
Egypt - Cairo
* Plan effective auditing processes
* Audit financial statements and assess accounts for accuracy and regulatory compliance
* Inspect internal systems and controls
* Assess risk management tactics
* Perform audits of non-financial areas, like Health & Safety and IT
* Report systematic errors or fraud indicators
* Investigate specific issues regulatory bodies bring forward
* Explain audit findings and recommend solutions
* Provide bookkeeping service and preparation of Financial Statement.
* Fill out taxes reports like sales tax report and income tax report.
* Audit financial statements and assess accounts for accuracy and regulatory compliance
* Inspect internal systems and controls
* Assess risk management tactics
* Perform audits of non-financial areas, like Health & Safety and IT
* Report systematic errors or fraud indicators
* Investigate specific issues regulatory bodies bring forward
* Explain audit findings and recommend solutions
* Provide bookkeeping service and preparation of Financial Statement.
* Fill out taxes reports like sales tax report and income tax report.
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