Senior Accountant
Cigalah Healthcare Company (Naghi & Sons Group)
مجموع سنوات الخبرة :14 years, 7 أشهر
• Full responsibility managing closing process and accounting transactions for B/S and G/L Prepare and load Balance Sheet reconciliation.
• Process payroll payments for 30+ employees, accounts payable and full spending cycle.
• Fixed Assets and Inventory accounting and warehouse accounting management.
• Financial Analysis, Variance Analysis and Operational Expenditure (OPEX) was able to reduce general expenses by 15%, Accounting Management (Management Reporting).
• Monthly reconciliation debit note-Payables related account.
• Prepare monthly VAT report (foreigner or domestic purchase).
• OTL compliance and GPRR accounting and management controls.
• Support documentation and update of financial policies and procedures.
• Manage supplier relationships and related cash flow and forecasting activities.
• Led team of 3 employees to achieve goals through proactive planning, training and qualified them to work in less than 2 months.
• Daily review of AR & TCS ageing identifying risky customers in terms of long overdue amounts.
• Chasing overdue invoices by phone, email and messaging within agreed timelines.
• Coordinate and resolve various issues with bank such as cleared check differences, bank fee anomalies, and targeted balance calculations.
• Handle disputed bills and negotiate to bring payment within agreed terms, provide accurate advice on billing queries.
• Respond promptly and completely to both Customers and internal enquiries.
• Handling more than 250 customers monthly, making sales invoices and returns on sales, in addition to returning expired goods in accordance with agreements concluded with them.
• Providing ad-hoc reporting as and when requested, post payments to accounts and allocate as required.
• Undertake accounts reconciliations, Ensure monthly processing deadlines are met as required.
• Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Reconciling processed work by verifying entries and comparing system reports to balances.
• Maintaining historical records.
• Paying employees by verifying expense reports and preparing pay checks.
• Preparing analyses of accounts and producing monthly reports.
• Provide cover for other accounting functions as requested.
• Other duties as delegated from time to time by Group Finance Manager or any other person designated in their absence.
• Ensuring that all Accounts Payable-related transactions are performed in compliance with adopted external standards as well as Cigalah's accounting policies and procedures.
• Reconciling bank statements, paying all expenses, preparing debit and credit vouchers, making payrolls, preparing all journal entries related to petty cash expenses for sub-ledger.
• Managing payments based upon their priorities to ensure availability of cash required to cover them in timely manner. Ensure effectively and timely reporting on treasury-related activities to Treasury Manager.
• Under supervision of Treasury Manager and CFO, evaluate and determine company's short term and long-term funding needs and report on regular basis; this will include LC and LG requirements, bank facility management, monitoring maturities, repayments, cancellations, etc.
• Act as main custodian of Cigalah's cheque books.
• Direct and validate disbursement of all funds and payments for company, as required.
• Manage Cigalah's cash flow forecasting process, in collaboration with Treasury Manager, by estimating cash inflow & outflow over defined period(s) (covering immediate, short term and long term).
• Performing any other related duties as assigned by direct supervisor.
• Managed documentation to support tax reporting activities.
• Review tax calculates according to prescribed rates, laws, and regulations by required deadlines.
• Generated financial reports, returns and payment receipts for tax audits.
• Reconciled tax accounts with balance sheets and tracked pending taxes against submitted payments.
• Provide guidance to Accounting and other departments on any required tax adjustments.
• Cooperates with tax advisors in order to optimize tax burdens.
• Provides financial accounting staff with technical tax advice and assistance.
• Liaise with tax authorities and negotiates with tax officials at tactical level.
• Pro-actively identify weaknesses in current processes and identify solutions, to ensure that tax processes are in place and deliver correct output.
• Operated accounting software to process claims and refunds with tax authorities.
• Track legislative changes and pro-actively inform HQ tax team and business units regarding any new developments in terms of tax law and tax considerations.
• Carried out thorough reviews of documents and completed accurate audit reports for many companies in multiple sectors such as pharmaceutical, tourism, contracting and many other sectors.
• Participating in preparing budgets and various tax declaration such as VAT, sales tax, income tax, property taxes and capital gains tax for many companies.
• Perform audit testing procedures as documented in Audit Program and document results.
• Identify and document control & process weaknesses noted during fieldwork phase and provide evidential support for audit findings.
• Maintain professional working relationship with audit clients which allows for accomplishing desired goals of IA plan on timely basis.
• Conduct follow-up reviews of audit findings with audited entities to verify whether corrective actions were implemented within agreed time frame.
• Organize and reference work papers in accordance with established audit standards.
• Keep abreast of new Auditing techniques and technologies.
• Investigated suspected cases of fraud and theft involving small numbers of transactions or complex systems.
• Undertaking special tasks as assigned by Line Manager.
Bachelor’s Degree Major Accounting