Khaled Sayed Hussein, Accounts Payable, General Ledger & Financial Reporting

Khaled Sayed Hussein

Accounts Payable, General Ledger & Financial Reporting

Primary Healthcare Corporation

Location
Qatar - Doha
Education
Master's degree, Accounting And Business Sciences
Experience
17 years, 10 months

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Work Experience

Total years of experience :17 years, 10 months

Accounts Payable, General Ledger & Financial Reporting at Primary Healthcare Corporation
  • Qatar - Doha
  • My current job since April 2014

Company Profile: Primary Health Care Corporation (PHCC) is a government owned health care provider, with over 6000 Employees, operating through (32) health centers covering all country regions, providing primary and essential health services & medications


Key Competencies for:

G.L & Reporting:

• Financial Reporting: Expertise in preparing and footnotes to the financial statements in (Accrual & Cash) bases in compliance with relevant accounting standards and IFRS.
• General Ledger Management: Proficient in managing the entire General Ledger process, including journal entries, reconciliations, and month-end/year-end closings. Ensuring accuracy and integrity of financial data.
- Develop, implement and maintain systems, procedures and policies for General Ledger.
- Review and Post sub-ledger entries for (Accounts Payable, Receivables & Fixed Assets). April 2014 to Date Primary Health Care Corporation, Doha, Qatar
• Compliance and Audit: Extensive experience in ensuring compliance with regulatory requirements and facilitating successful “Internal and External” audit engagements.
• Team Leadership: Skilled in leading and mentoring finance teams to achieve departmental goals through effective communication and collaboration with cross-functional teams to support overall organizational objectives.
• Financial Analysis: Conducting comprehensive financial analysis utilizing analytical skills to provide insights into performance trends, cost structures, and profitability.
• Additional duties: Perform Additional duties assigned to support the business, such as participating in technical & commercial tendering committees, health awareness campagnas & first aids.

Accounts Payable:

• Invoice Verification: Thoroughly review and validate invoices in Oracle EBS to ensure accuracy, adherence to company policies, and compliance with regulatory standards.
• Process Optimization: Streamline accounts payable processes for increased efficiency and productivity, implementing best practices to enhance workflow.
• Vendor Management: Cultivate positive relationships with vendors, negotiate terms, and resolve discrepancies.
• Timely Payments: Ensure timely and accurate processing of payments, avoiding disruptions and maintaining positive relationships with suppliers.

Achievements:

Provide support in implementing new Oracle R12 system in various areas:
➢ A/P module: invoice recording process P2P structures & supplier payments.
➢ Testing all data transferred from sub ledgers (A/P, A/R, Cost Management, Fixed Assets & Payroll) to general ledger to ensure data reliability & accuracy before posting in the GL.
➢ Maintaining new chart of accounts.
➢ Data migration from old system to new Oracle system.
➢ Developing the General Ledger policy & procedures.
➢ Finalized eight financial years’ audits with external audit & State Audit Bureau as well.
➢ Involved in developing & testing all system reports & reconciliation from the end user prospective.

Regional Chief Accountant at IDP Education Pty Ltd.
  • United Arab Emirates
  • March 2011 to January 2014

Middle East

Inducted as a Regional Senior Accountant, charted a phenomenal growth curve through exceptional performance to merit promotions.

Company Profile: IDP Education is Multi-National Company owned by 38 prestigious Australian universities and SEEK Limited, Australia's leading online employment and training company.

Key Responsibilities:

• Responsible of Maintaining & Posting transactions for Account Receivables, Payables, GL & Fixed Assets using "Oracle EBS System" for (5 Entities, 8 Ofices) in the Middle East.
• Reviewing the various ledger accounts for the 6 Entities including reconciliation of general ledger, revenue accounts, expenditures, and cash balances.
• Assisting the Financial Manager with preparation and consolidation of annual Regional budget using the ''Hyperion'' system.
• Reviewing accounting documents to ensure accuracy of information for the 5 Entities.
• Preparing monthly payroll for the region (6 Entities, 10 Ofices).
• Preparing Quarterly variance Analysis reports for the Middle East.
• Making monthly provision for all accruals as well as account reconciliations for (Banks, Sub Ledgers & intercompany) upon monthly closing.
• Responsible for closing books at year-end upon completion of annual audit.
• Fully Responsible for the fixed assets Book using Oracle System for (Assets additions, adjustments, Retirements, Reclassifying, …).
• Assisting in the development and implementation of the Regional accounting system to ensure compliance with "IFRS" and auditing procedures.
• Preparing Monthly and Quarterly Tax reports & accruals and insure tax compliance for Egypt & Turkey.
• Develops and presents the monthly financial Reports to the Head Quarter in Australia.

Senior Project Accountant at Obeikan Education
  • Saudi Arabia - Riyadh
  • May 2009 to February 2011

Company Profile:

Obeikan Education is part of Al-Obeikan Investment Group (OIG) that was established in 1982, (OE) is a May 2009 : February 2011 Obeikan Education, Riyadh, Saudi Arabia
leader in Educational Development, Research and Consultation in the Arab World with its partners; McGraw Hill Education(USA), Cambridge University(UK), Bell Educational Trust(UK) & Arizona State University. Running a business of more than a Billion Saudi Riyals with an annual turnover of SAR450 million (Approx.).

Key Responsibilities:

• Spearheaded development/ implementation of financial policies, systems, procedures and guidelines to ensure smooth cash flow, streamlining budgets, established stringent procurement and expense guidelines.
• Prepared variance analysis reports and investigated variances against budgets and forecasted finance as well as analyzed reports for financial statements, financial ratios & cost analysis.
• Coordinated with the Project Management for Project Progress Invoicing and monitoring as well as worked with Internal & External Auditors during the Audit.
• Prepared Annual Financial budget & Cash Flows for the project as well as monthly reconciliation for receivables, payables, banks & affiliates, also, made monthly provision for all accruals.
• Facilitated internal & external audit of company’s accounts and provided required reports/ information to the auditors to assure timely completion in compliance with established audit processes.
• Managed working capital requirements and provided internal distribution of financial information in order to appraise operating results in terms of profitability and performance against project budget.

Accounts Payable Accountant at Obeikan Paper Industries
  • Saudi Arabia - Riyadh
  • February 2007 to May 2009

Key Responsibilities:

• Performed day to day processing of accounts payable transactions to ensure that organization’s finances are maintained in an effective, up to date and accurate manner
• Prepared daily general journals for Accounts Payable and monthly reconciling suppliers’ accounts as well as made monthly provision for all accrual expenses.
• Booked all the suppliers’ invoices in “Baan 6” ERP System and prepared monthly financial statements.
• Provided administrative support in order to ensure effective and efficient office operations.
• Performed day to day processing of financial transactions to ensure that organization finances were maintained in an effective, up to date and accurate manner.
• Daily general journals for Accounts Receivable as well as followed up the “Customers Aging” and reconciling customers’ accounts.
• Provided administrative support in order to ensure effective/ efficient office operations and prepared monthly financial statements.
• Responsible for Export/ Local sales invoicing using "Baan" system and also for all collections using ‘’Baan 4” ERP system.

Branch Accountant at Berlitz Language Centers
  • Egypt
  • March 2006 to February 2007

Key Responsibilities:
• Prepared financial statements for branch ofice and ensured that statements comply with industry standards, company policies and regulatory requirements.
• Prepared daily journals for accounts receivables/payables as well as handled cash and was responsible for main safe.
• Prepared monthly/annual financial statements of the branch as well as looked after payroll of stafs and teachers.
• Responsible for Bookstore and making daily updates of Bookstore inventory.
• Acted as the key point of contact for external and internal audit processes, branch administration and performed a range of other ad hoc tasks as required.

Education

Master's degree, Accounting And Business Sciences
  • at Swiss Business School
  • December 2018
Bachelor's degree, Accounting
  • at Alexandria University
  • May 2003

Specialties & Skills

Fixed Assets
Financial Forecasting
Accounts Payable
Financials
GENERAL LEDGER
ACCOUNTING
TAX COMPLIANCE
ACCOUNTS PAYABLE
ACCRUALS
AUDITING
CONSOLIDATION
JOURNALS
financial analysis

Languages

English
Expert
Arabic
Expert
French
Beginner