Fixed Assets & Inventory Specialist
Zain Mobile Telecommunication Company
Total years of experience :12 years, 10 months
Managing and handling fixed assets management and depreciation.
Recommend to management any updates to accounting policies related to fixed assets.
Run Depreciation without closing Period, Post FA Journals after verification and Close FA Period for the month.
Prepare reconciliations related to CIP (WIP), FA, project costing & aging reports.
Responsible for auditor requirements to be submitted on a quarterly basis.
Prepare Capex Monitoring Schedule for Group.
Month end closing regarding fixed assets.
Posting to GL & review of network reconciliations.
Tower co project (selling passive assets) & Asset Life Cycle project.
Ad hoc projects.
*Managing and handling new project related to Accounts Payable.
*Month End closing and reporting all the expenditure on a monthly basis
*Responsible for Accounts payable department.
*Managing team of 7 employees.
*Responsible for Accounts payable monthly closing.
*Responsible for Auditor requirements to be submitted on a quarterly basis.
*Responsible for submitting variance analyzing report to Finance director on a monthly basis with full justifications.
*Ensuring that all company’s Accruals are booked.
*Responsible for submitting Aging reports, commitment and contingencies to the Finance director on a monthly basis.
- Preparing of monthly variance analyzing report
- Responsible for oversight of booking OPEX and CAPEX expenses and developed KPI’s.
- Reviewed JV’s prepared by accountants and junior accountants and approved them.
-Prepared of monthly variance analysis report for Finance Director’s review.
-Reviewed month budgets against actual spent and reported variances to Management.
-Responsible for internal process reviews that effect business with a view to improving them.
-Part of the annual budgetary team that formulated policies and procedures for the annual budgetary exercise and oversaw the budget preparation.
-Responsible for preparation of the ageing report and identifying amounts not required.
-Established guidelines with other departments to ensure that all month end requirements were submitted before the cut-off date.
-Responsible for dealing with the external auditors on a quarterly basis.
-Assisted the head of the department and senior management in ad-hoc reports.
-Acted on behalf of the head of the department in case of absence or leave.
-A member of the team that developed that Accounting Manual for Finance.
-Handled CAPEX and Inventory invoices.
-Worked on implementing a new upgrade of the accounting system (Oracle - R12).
-Handled auditor’s requirements for account payable department.
-Approved rent invoices (All site, branches and mob quick /kiosk).
-Month End Closing
-Accruals and month end JV's
- Preparing invoices and charging them to the right expenses based on the nature of the invoice/ contract.
-Handled all marketing accruals and ensuring all payments are matched against accruals.
-Handled all company level accruals.
-handling Payments ( checks & Wire Transfers )
- Preparing invoices
-Handled Work order invoices and monitored the status of each work order