Chief Accountant
Sama Global
Total years of experience :18 years, 5 Months
Key achievements
• Managed all aspects of cash flow, alongside petty cash control, budget monitoring, general ledger (GL) administration, inter-company reconciliations, accruals, and prepaid expenses amortization, as well as end of service benefits and compensation.
• Aided strategic decision-making through financial statement creation and presentation.
• Oversaw VAT implementation and ensured compliance with regulations, completed VAT setup within accounting system.
• Managed fixed assets for various purposes, including audit scheduling, and month-end / year-end closing within stringent reporting deadlines.
• Maximized data accuracy via introduction of robust accounting systems and controls.
• 3 years of continues success with auditors Rashed Al Ghamdi and Hussain Al Humaidany for auditing & issuance of Financial Statements.
• Prepare the financial statements for the end of the year and the necessary reports and work with the external audit team until the completion of the audited financial statements.
• Prepare and file a VAT return.
• Assist in budget preparation and expense management activities for ad hoc accounts.
• Monitor the cost of projects, analyze revenues, identify budget differences and report them to management.
• Handling a range of financial and accounting duties, for example, receivables, payables, general ledger, etc.
• Validate and reconcile the bank, payroll, fixed assets, end of service, leave allowance, social insurance, employee loans, petty cash, intercompany accounts, cash flow statement, and verify cost center expenses.
• Review the accuracy and completeness of transactions (bonds and journal entries) posted in the system by accountants.
• Work closely with operations teams to meet their requests from the accounting department.
• Assist in planning, testing, training, implementing and reviewing all aspects of computerized financial systems
• Perform any other financial duties (reports and financial statements) as determined by the CFO and management and provide support to other members of the accounting team to complete their assigned tasks by deadlines.
Key achievements
• Review and verify the daily revenue report (food and beverage) and supporting documents.
• Record revenue entries and match them with daily final reports at points of sale.
• Record cash and cheque receipt entries and match them with the closing report.
• View all day-to-day operations and posting to customer accounts and match them with POS operations in the front office.
• Sign the daily reports from the Chief Accountant and the General Manager with supporting documents.
• Review the receipts report with final reports from the point of sale.
• Review the cash deficit/ increase in the final reports of the tellers and prove it in the journal entry.
• Review during open sessions for cashiers and conduct a surprise cash inventory every week with a monthly report.
• Keep all cash deposit receipts and cheques on file and match them with the actual revenue and revenue report.
• Record all receivables in the back office.
• Send original invoices with purchase orders to the customer and keep a copy in each customers files.
• Settle the account for each customer after receiving payments and send an updated statement after each payment.
• Review the debt aging report for customers and debtors and resolve all pending customer orders.
• Communicate with customers through phone, email or personal visits.
• Post all returns and discounts transactions. In accounts receivable, create a monthly summary and sign it from the Chief Accountant General Manager and Chief Financial Officer.
• Issuing a monthly report summarizing the movement of sales representatives and recording the commission percentage.
• Support the General Treasurer in his efforts to collect dues from customers.
• Create and update products in POS devices and scales and send the necessary updates to the front offices.
• 4 years of continues success with auditors Talal Abu Gazala for auditing & issuance of Financial Statements.
Key achievements
• Post business transactions, process invoices, verify financial data for use in maintaining accounts payable.
• Provide other clerical support necessary to pay the obligations of the organization.
• Maintain meticulous records of outstanding payables.
• Ensure the accuracy of an organizations financial documents for payment, auditing, and tax purposes.
• Protect businesses against unintentional overpayment.
• Practice effective monitoring to ensure payments are made to vendors in a timely manner.
• Day-to-Day Duties
• Clarify any questionable invoice items, prices or signatures.
• Assemble and review invoices to be completed for payment.
• Maintain copies of vouchers, invoices or correspondence necessary for files
• Type periodic reports and other records.
• Obtain proper information and/or data regarding invoice payments.
• Check vendor files for any previous payments and assign voucher numbers.
• Prepare vouchers listing invoice number, date, vendor address, item description, amounts and coding per accounting policies and procedures.
• Reconcile bank statements.
• Input daily bookkeeping and record keeping.
• Verify invoices against purchase orders and ensure goods or services were received before issuing payment to vendors.
• Welcomes customers by greeting them, offering them assistance.
• Directs customers by escorting them to counters, suggesting items.
• Advises customers by providing information about products.
• Helps customers make selections.
• Processes payments by totaling purchases, processing cheque, cash, and other credit cards.
• Develop and maintain positive business and customer healthy relationships.
• Expedite the resolution of customer problems and complaints to maximize satisfaction.
• Daily access to the monthly target and delivery of purchase orders.
• Daily access to stock of products.
• Find out everything new about the products and company promotions.
• Commitment to a monthly work plan (monthly Rank) and split to weekly target and daily target.
• Choose a special program for contacting customers, scheduling visits, and developing alternatives.
• Trying to close the sales process on the first visit.
• Coordinate with a customer and know what is required regarding purchase requisitions.
• Monitor the movement of products in the store and collect the information needed to develop a marketing strategy for the company.
• Application of orders directed by managers and follow company policies.
Studied Accounting & Finance, Management, Marketing, Economics, Statistics and etc.