Cheif Accountant
Durat Saba Engineering Co
Total years of experience :22 years, 3 months
Manage a team of accountants& Report to finance manag
Develop procedures, accurate implementation recording, classifying, summarizing of daily financial transactions
Institute policies, procedures capable of protecting the business resources against waste, fraud, & inefficiency
Reviewing and approving all monthly reconciliation (Banks, receivables and payables) and the journal Vouchers
Testing the compliance of existing internal controls &.providing assistance, during second to external auditors
Preparation of draft audit reports expressing objective opinions on the adequacy and effectiveness of the
Generate financial statements (balance sheet, profit and loss, cash flow) monthly.
Review of areas to be audited and identification of risks and controls.
Maintain procedures to establish tight control over cash transactions.
Ensure timely follow up of accounts receivable and payable.
Identifying the potential to improve operational efficiency.
Oversee the preparation and reconciliation of payroll. .
Conduct and coordinate periodic stock take
Report to finance manager.
Monitoring actual costs against standard cost and analyze and justify the variances against the standard cost.
Support Costing daily and monthly-end closing activities, budget & forecast process, reports and analysis.
Budgetary control (Sales, production , purchase, overheads, G & Office expenses, Cash flow
Plan study and collects data to determine costs of business activity, purchases, and inventory.
Reporting variances of actual operations about budget, analysis causes and its recommends
Assist in preparation of monthly management reports, quarterly forecast and yearly budget.
Classify and analysis material costs, overhead and labor cost to direct & indirect cost.
Prepare monthly reports of project cost analysis and associated reporting.
Report on break even points by products, Cost centers, and factories.
Analysis Purchase Price Variances & other major variances
Preparation of customized reports and analysis as required, Flexibility to work overtime/weekends as needed.
Monthly & Annual Financial Reporting (income statement, Balance sheet, Cash flow.) & analysis the results.
Responsible for keeping information confidential. and handling Administration work, Petty Cash etc.
Handling the Auditors, responsible for the review and enhancement the current internal controls, policies and procedures.& responsible for other ad-hoc duties and handling Account Receivables.
Bank reconciliation, accounts payable, & journal entries and Closing and posting to ledgers
Letters of credit procedures with banks and cost of goods & material import & Export.
Bookkeeping and recording the accounting entries.
Charter Institute of Management Accountant CIMA - Registered in Management level
Advanced Financial Accounting . – Good Managerial Economics -V.Good Advance Operational Research - Good Management Accounting & Decision Making Techniques - Good . Advance Financial Management -Good Marketing & E . Commerce - V.Good Advance Business Management - Good Management Information System analysis - Good Research Methodology - Good
Second Class Upper