Group Accounting Manager
RAR Holding
Total years of experience :16 years, 3 Months
: Responsibilities
- Cashflows and monetary control.
- Facilitate and complete monthly close procedures.
- Analyse revenues, commissions and expenses to ensure they are recorded appropriately on monthly basis.
- Presenting a true and fair view of financial position to ensure they are recorded appropriately statements, and other annual and monthly reports.
- Manage day to day financial transactions of the company.
- Assist with analysing financial statements on a monthly basis and report on variances.
- Assisting the finance manager in preparing the yearly budget and reviewing the quarterly forecast.
- Other projects as assigned.
- Maintain bookkeeping, bank statements, post-dated checks.
- LC drafts, discounting receivables collection.
- Monitor payables and receivables review and monthly collection reports.
- Review payment certificates for subcontractors.
- Manage Accounts payables, Receivable and inventory transactions.
- Reviewing sales invoices, purchase invoices, banking transactions, cash transactions, accruals and provisions posting.
- Planning and performing Quarterly stock taking.
- Monitoring payroll and all activity.
- Liaisons with Vendors, customers, warehouse and project department.
- Finalize monthly Trail Balance with all related supporting schedules.
- Assisting the external auditors during their interim and final audit mission.
- Preparing Daily cash position and monthly cash flow.
- Preparing/Handling all LC/TR related issues (Issuance, Amendment, Settlements, etc.)
- Preparing/ Handling all LG’s (Bid, Advance, Performance, and warranty/Maintenance bond) related issues (Issuance, Amendment, Settlements, etc.)
- Managing the cash flow (PDC’s, receipt’s, payments, etc.)
- Bank reconciliation (Daily, Monthly).
- Reviewing/Managing Bank facilities.
: SMC interiors (Manufacturing &Building Materials) - Jeddah - KSA
Currently working at SMC Interiors Head office as Senior Accountant
• Reporting to Financial Director and Managing Director
• Leading a team of 4 accountants
• Preparing the monthly Management accounts
• Responsibilities and Duties:
General Responsibilities:
Working with Oracle JD Edwards
- Oversee the smooth and efficient running of the Finance Dept.
- Ensure compliance with statutory authority and audit requirements.
- Conduct Financial Statements and Management accounts
- Provide and analyse some forecasted reports accordingly to previous years’ results.
- Provide assistance and maintain the coordination within departments to avoid inconsistency that could affect the Financial Module.
Financial Responsibilities:
- Handle full spectrum with all Financial Modules on JDE -Accounts Payables, Accounts Receivables, Journal Entries, Fixed Assets, Recurring Entries, Prepaid, Accruals, running batches for closing month/year, payroll and posting.
- Providing support and assistance to the team with the ERP.
- Payroll audit, supervising and training.
- Reports: collections, payables, sales, inventory, purchases, management accounts and financial statements.
- Reconciliations for Suppliers- Customers- Banks etc...
- Ensure that accounts are allocated correctly, taking corrective action where inconsistencies arise.
- Review and approve payment vouchers and journal entries.
- Analyse business performance / results, providing feedback to Senior Management.
- Perform analysis on margins and variances.
- Provide third party reports, mainly excel, when needed to help our reporting and analysis system.
- Develop and maintain internal control and effective accounting system and policies
- Financial representative in workshops, seminars and demonstrations.
- Follow up with all departments to ensure the system interlinks.
Completed successfully Advance Finance Management training course held in Dubai on the 9th, 10th and 11th of Feb 2015.
Attended Financial Accounting Basics Workshop with Morgan Intl. in Downtown Beirut- Lebanon from 29 May till 1 June 2012
Attended a Seminar by MORGAN Intl. on Business Combinations: Financial Accounting and Reporting Standards, which took place in Jeddah on 10th January 2012.
Attended a Seminar on Incoterms 2010 on March 06 2011
Participated in ERP system workshops - GP 10, EPICOR AND ORACLE JD EDWARDS.
Responsible for Syria office.
Worked with EDM and Navision accounting systems- Junior Accountant, promoted to semi senior accountant on Jan 2010.
Duties and Responsibilities:
- Responsible for all accounting entries (JV’S- IV’S and PV’S).
- Reconciliations.
- Closing and opening accounts.
- Monthly Cash flows (Forecasted).
- Monthly Financial Reports- Income Statement, Balance sheet, Trial Balance, Account Receivable/ Payables.
- Payroll(3rd party- excel) and salaries distribution for shops and office employees.
- Responsible for office employees in Syria.
- Teaching Junior accountants and auditing their work.
- Preparations for shops’ openings.
- Following up with Shop managers.
- Approvals on all expenses and PMT’s.
- Handling banks’ issues- opening new accounts-receiving/handling documents related to shipments and logistic department- transfers and payments for suppliers.
- Conducting simultaneous organizational and managerial issues.
- Following up with suppliers regarding official Invoices/ Receipts and PMT’s to be on due date.
- Following up with lawyers and our external audit firm regarding contracts and governmental laws and regulation- Taxes, Municipality PMT’s and others.
- Providing Insurance for shops, office, some assets and others.
- Handling petty cash (safe box).
- Following up with the partner frequently on monthly basis regarding operational and financial issues (profit/loss-cutting expenses- best procedures regarding certain issues).
- Some knowledge in Human Resource field.
worked with Dolphin accounting system to enter invoices and payments for Carrefour c/o, Atat Medical Center and conducted audit engagements to Wooden Bakery.
I graduated from the Lebanese American University with a BS degree in business emphasis in Banking and Finance.