Chief Accountant
Saudi Railway Company SAR
Total des années d'expérience :12 years, 10 Mois
•Project manager for the asset transfer (Decree 381).
•Manage and oversee the entire accounting team.
•Responsible for day to day accounts operations.
•Perform full set of accounts and ensure timely closing of accounts.
•Review & approve journal entries.
•Develop and maintain internal control and effective accounting system (ERP) and policies for the set up.
•Ensure that Zakat, Tax and VAT are properly maintained.
•Responsible for dealing with internal and external auditors.
•Issuance of financial statements on timely manner.
•Designing effective budget models for departments and the entire company
•Analyzing financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget
•Presenting annual budgets to senior managers
•Review budget requests for approval
•Forecast future budget needs
•Identify variances between actual and budgeted financial results at the end of each reporting period
•Ensure department managers meet budget submission deadlines
•Played an important role during the reimplementation of ERP oracle project
•Reviewing the trial balance to ensure that all costs have been accounted for in the month
•Reconcile all accounts with sub-ledgers •Preparing Bank Statement reconciliation •Preparing accounting analysis report for all balance sheet accounts
•Records all the accruals of expenses and revenues
•Run all the reports where related to deposit
•Reconcile inventory balance with GL •Amortization of accrual and prepayment on monthly basis
•Recording and matching invoices to respective PO.
•Handling employee compensations •Reviewing all supplier invoices, supporting documents and open contracts accruals.
•Verification & reviewing the targeted supplier reconciliation.
•Reconciling liabilities & prepayments with GL
•Preparing monthly closing reports
•Record fixed asset acquisition and dispositions
•Calculate, review and update the detailed schedule of fixed assets and accumulated depreciation
•Track the compilation of project costs into fixed asset accounts, and close out those accounts once the related projects have been completed
