khalil abulawi

Key Responsibilities:
Supervisory:
• Supporting accountants, cashiers, storekeepers, supervisory & clerical personnel and purchasers in standard accounting practices, cash control and accumulation, preparation and posting of data for reports or documentation whilst assuring ensure accuracy and completeness at all times.
• Explaining existing procedures to new staff members and creating new procedures to resolve pressing issues; interviewing prospective employees and hiring most desirable candidates(s) based on skills, knowledge and abilities to perform the required task(s).

Accounting:
• Updating cash and bank Position on a daily basis and reviewing projected cash flows for the corporation as a whole and/or for a certain project and/or as consolidation of projects.
• Maintaining up-to-date records and receipts of all transactions and preparing periodic account reconciliation(s) to assure accuracy and completeness of all financial transactions.
• Auditing expenditures to identify and eradicate unnecessary variable or fixed expenses to maintain/enhance profitability; adjusting and correcting opening and closing entries for the fortification of accounts as accurate as possible.

Financial Reporting:
• Preparing daily/weekly/bi-weekly/monthly/quarterly and/or annual reports consisting of income statements, balance sheets, performance reports, stock reports and reports on special fund expenditures and transactions; performing ratio analysis to gauge profitability, liquidity and solvency of the corporation.
• Communicating in writing with employees, clients and/or suppliers for matters associated with requests for information or creation/implementation of procedures.

Information Management:
• Discussing status and correctness of specific accounts and verifying that sufficient funds are available in particular accounts to meet operational and capital expenditures.
• Acquiring Statements of Accounts from vendors and other parties for reconciliation, investigating major variations and taking strict action against fraud & embezzlement.
• Performing stock control operations inclusive of random physical checks/counts on high value stock items, following up with vendors on the status of stock and liaising with other departments’ personnel to ensure correctness and accuracy of stock operations.

Additional Responsibilities:
• Following up with vendors for timely invoicing and collection of invoices whilst clarifying billing invoices and accounting policies to interested parties; resolving discrepancies in accounting practices in sync with the International Accounting Standards (IAS).
• Checking, verifying, accepting/rejecting incoming invoices, petty cash vouchers and other cost related instruments; facilitating external auditors by providing requisite information and addressing their concerns to the level of their satisfaction.
• Analyzing labor time-sheets and their relative pays to ensure that no over or under payment has been effected and reporting abnormalities to the HR Department; alerting the management on all serious situations that seem financially abnormal.

Key Responsibilities:
• Appointed Track Leader for implementing ERP system in the company.
• Established a comprehensive financial accounting system for the company inclusive of Fixed Assets Management for 4000+ equipment, 44 production units, 19 crushers, 12 asphalt plants and 13 concrete plants.
• Leveraged expertise in Finance and Operations to design a system that resulted in significant cost reduction and enhanced cash inflow & working capital; maximized profitability by keeping adverse variances within reasonable limits.
• Supervised the Accounting Dept. functions inclusive of development of monthly/quarterly financial statements, financial analysis & budgets and evaluation & integration of new applications in the financial accounting system.
• Developed a highly skilled team of accounting professionals to accomplish performance indicators in sync with growth goals & additional established targets.
• Provided financial expertise and analysis to support planning, controlling and reporting of financial performance.
• Consolidated data for putting across cost modeling templates; provided analysis and reports on accurate data for cost accounting purposes.
• Collaborated with the CFO and relevant Managers in the budgeting process; executed and communicated initiatives within the organization that enhanced awareness and understanding of key financial targets.
• Generated and critically analyzed periodic reports; assured that the revenue figure is reported correctly after accounting for accruals.
• Prepared base files, P&L Statement and Balance Sheet for periodic forecasts and budgets as reference for Group/Board management review to support strategic thinking and decision making.
• Identified training needs and mentoring activities; assured that the subordinates received support to achieve the standard level of performance.

Key Responsibilities:
• Audited, recorded, classified and summarized accounting & financial transactions in line with standard accounting practices whilst reallocating costs and/or expenses as and when required for the seamless flow of accounting operations.
• Kept close tabs on Accounts Payables and assured that the cumulative total is within budgeted limits; supervised the WHT Account with third parties & intercompany entities; prepared employees Account Receivable Sundry on a monthly basis.
• Supervised all activities linked with the monthly payroll and properly accounted for additions/deductions to/from employees; assured that the Cash Balance reconciled with the Accounting Records and took corrective action in case of irregularities.
• Properly recording all accounting and financial transactions in the Accounts Management System; maintained files of Suppliers and assured monthly reconciliation with suppliers whilst working accounting for Un Invoiced Reports and Invoices on Hold.
• Liaised with internal, external and corporate auditors in the smooth finalization of financial accounts and statements; assured that all accounting activities are aligned with company policies and procedures; took strict action against any anomaly that hampered the seamless functioning of the department.
• Critically analyzed costs & expenses and shared key insights with the management team to facilitate strategic thinking and decision making; analyzed financial statements on a monthly basis and reported significant variances with clear and effective suggestions on how these could be rectified on a sustainable basis.

Carried out general ledger functions, including account analysis and reconciliation, journal entries and AR/AP. Prepared financial statements
Key Achievement:
 Consistently met deadlines while demonstrating strong analytical and problem-solving skills to achieve corporate objectives.