chief accountant
united contractors group for general trading and constructions .
Total years of experience :21 years, 5 months
• Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
• Ensure an accurate and timely monthly and year end close.
• Ensure the timely reporting of all monthly financial information.
• Assist the Controller in the daily requirements.
• Ensure the accurate and timely processing of positive pay transactions.
• Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
• Supports budget and forecasting activities.
• Develop and implement policies and procedures with emphasis on internal controls
• Ensure Risk Management procedures bases on the Group Corporate governance and Risk Management policies
• Collaborates with the other department managers to support overall department goals and objectives.
• Monitors and analyzes department work to develop more efficient procedures and use of resources while
maintaining a high level of accuracy.
• Advises staff regarding the handling of non-routine reporting transactions.
• Responds to inquiries from the General Manager, the Group CFO and Accounting Manager, Group Controller and
other managers regarding financial results, special reporting requests and the like.
• Supervise the general ledger group to ensure all financial reporting deadlines are met.
• Supervisor of Corporate Services Division, this includes HR-Management, IT-Services & Facility Management.
• Assist in development and implementation of new procedures and features to enhance the workflow of the
department.
• Provide training to new and existing staff as needed.
• Work with each direct report to establish goals and objectives for each year and monitor and advise on the
progress to enhance the professional development of staff.
• Support Cost Analyst with special projects and workflow process improvements.
-Perform for cycle accounting including payable, journal entries, monthly accruals and reconciliations .
-Enter daily cash receipts and monitor A/R balances .
- Prepare monthly close schedules .
-Assist external auditors .
- Prepare reports requested by management as needed .
-Resolve accounting discrepancies and irregularities .
- Petty cash management .
- Vouching and preparation of invoices for approval and payment to creditors .
- Posting of all financial transactions into the accounting system
- Petty cash disbursement .
- Provide daily and monthly bank reconciliations .
- Reconcile and maintain balance sheet accounts.
- Prepare monthly closing and accounts analysis.
- Follow up checks of feedback from customers and take necessary actions .
- Review sales reports periodic (daily- weekly- monthly) issued by the sales department.
- Prepare trial balance for every month .
- Review vendors activities to ensure all monthly invoices have been received and processed.
- Review for errors and make any necessary corrections .
- Review contract obligations to ensure all contract invoices have been received and processed.
- Develop and maintain internal control and effective accounting system and policies.
- Support top management in ensuring that inter-company cost allocation is in line with management policies and procedures.
-Responsible for day to day finance and accounts operations.
- Ensure financial records are maintained in compliance with company’s policies and procedures.
-Maintaining general ledger, including preparing general entries, coding invoices, reconciliation, closing books monthly.
- Reconciles monthly bank statements, verifies all deposits, handles discrepancies and problems.
- Maintains payroll, including record keeping, processing pay checks.
- Oversees accounts receivables collection from individuals/institutions and reconciles customers accounts.
- Assists external auditors at year end including preparation of schedules, invoices and explaining supporting materials and procedures.
- Performs accounts payable duties such as verifying all invoices for payments, ensure expenditures are charged to appropriate accounts.
-Updates records for fixed assets and all other financial documents as necessary.
-Recommends, designs and implements any necessary department control.
- Petty cash management and ensure expenses are in line with the company’s policy.
- Review sales contracts and ensure collection from customers as per the terms of the contract.
- Preparing of various accounting reports.
- Cooperate with auditors of the company.
-Prepare reconciliations of bank statement, Account payable/ receivable and report the discrepancies.
-Liaison work with auditors, banks and regulatory agencies.
-Ensure all payments to suppliers, staff and other external parties made according to company policies and procedures.
-Analyze revenue and expenditure trends and recommend appropriate budget levels and expenditure control.
-Assist the Finance Manager in data processing and other reports.
-Preparation of reconciliation and schedules for auditors.
-Managing A/P on a timely and regular basis.
-Follow up on A/R by issuing timely and accurate statement including reconciliation.
-Support the Finance and Collection team in order to collect the customer's outstanding.
-Follow up and ensure timely receipt of all sales.
-Produce MIS reports as required by the management.
-Carry out all other accounting activities as requested by the management.
