Chief Accounting
Mouawad Jewellery
Total des années d'expérience :20 years, 2 Mois
12/2013 - Till present Mouawad Jewellery Co., Jeddah-KSA
Position: Chief Accounting
Work with MOUAWAD Jewelry & luxury Retailers based in Saudi Arabia, Reporting to the Head of Accounting & Finance and Managing Accounting department with 6 personnel, I'm responsible for: -
Handle the issues of monthly trial balance, preparation of Profit & loss Statement, and financial reports, including monthly and annual accounts for company & Shop wise;
Analyze, reconcile, balance, maintain accounting records and handle Monthly intercompany balances reconciliation and set the accruals;
Reviewing daily sales reconciliation with payment Model in daily cash & cash management fiscal, and handle shop accounts including Shop to shop transfer;
Checking the correctness of all the daily transactions entered in the system;
Adept knowledge of accounting functions as they relate to Supervise staff payroll, accounts payable, accounts receivable, Monthly depreciation management of fixed assets, general ledger and Banks;
Strong knowledge in Inventory control system, including Administrative control of periodic fiscal stock taking and Monthly valuation of stock in direct, consignment and goods in transit;
Strong experience in Auditing, Supervise many years tax auditors regarding requests of accounting documentation & general coordination with external auditors (Ernst & Young) and (Deloitte) and Extensive knowledge of Saudi Zakat and taxation law;
Ensures that payments by cheques and cash are made only after checking and validating documentary evidence (CAD) & after the collection of the authorization signatures and Control cash receipts;
Checks and approves received invoices before payments of rent, maintenance, purchase of fixed assets, petty cash replenishment, Advances & credit vouchers, and any other invoices chargeable to the general services of the company;
Provide reconciliations necessary to maintain data integrity and consistency;
Review and process routine accounting data for revenue and expenditures;
Key contact for local vendors, banks and local insurer regarding administrative issues;
Ensure accuracy, completeness and compliance with corporate requirements;
Joint in preparation of monthly cash budget, forecasting, and management;
Coordination of different departmental heads to make sales and expenses budget;
To support higher management for any info needed for effective decision-making;
Submitting required daily, weekly and monthly reports to various departments;
Experience dealing with banks & Saudi Central Bank (SAMA);
Strong knowledge of Saudi Labor laws & GOSI.
5/2013 - 11/2013 National Pharmacies co. (WHITES), Riyadh -KSA
Position: Accounting Manager
Dealt with WHITES as a one of biggest chain of luxury Pharmacies in Saudi Arabia, Reporting to the Finance Director and Managing Accounting department with 7 personnel, I was responsible for general company' Accounting and Financial operations and Some of my important duties included following up behind bank facilities and control the cash liquidity to meet daily payments for more than 300 suppliers, also verify and approve the purchase orders as part of supply chain process.
11/2007 - 5/2013 Damas Jewelry L.L.C, Jeddah -KSA
Position: Chief Accountant
Dealt with DAMAS Gold & Jewellery luxury Retailers for its operation in Saudi, Reporting to the Head of Accounting who based in the UAE and Managing Accounting department with 8 personnel, I was responsible for general company' Accounting and Financial operations and beside my main rule in Accounting the company entrusted me to interactive with HR & Operations department as an auditor for their activities.
Managing the company general accounting.
Managing the company' Export Sales Activity between Dubai and Cairo, including operate all communications with shipper and buyers which is necessary for export procedures and all negotiation are needed for revenue improvement.
4/2004-5/2006 Al - Ahlia Restaurants CO. (Americana Gulf) -Riyadh- Kingdom of Saudi Arabia.
Position: Accountant.
My role contained on a versatile Accounting tasks; such as:
(Prepare profit & loss report shop wise, sales report, Inventory analyses, Passing entries into an accounting application "AMWS' and Teamwork leader during the stock taking.
Bachelor's degree of commerce - Accounting section Cairo University – Egypt- Faculty of commerce 2003, Accumulative grade = Good