Chief Accountant
Abdul Latif Jameel Motors
مجموع سنوات الخبرة :15 years, 5 أشهر
Job Role/Department
• Centralized Account Payable Manager - Present
• Inventory & General Leger - May’15 Till Apr’18
- Responsible for activities and operations in the accounts payable function for the organization
- Analyzes invoices and expense reports for accuracy and eligibility for payment
- Ensures timely payments of vendor invoices and expense vouchers and maintains accurate financial records and control reports
- Prepares accounts payable register and related reports in a timely manner
- Responsible for the integrity of all payments (Ensuring appropriate signatories and approvals are in place according with the delegation of authority.
- Monthly review for VAT file.
- Follow up vendor contracts with operation and legal department.
- Review and approve all payment related to inventory. (FOB, Freight, and Insurance).
- Review and approve customs and port charges payments.
- Provide escalated problem solving support and diffuse conflicts as they arise
- Close and reconcile accounts payable and general ledger in a timely manner at end of month.
- Supervision of Vendor control and Advances to Supplier - GL Accounts.
- Control Contract Manpower Cost of Warehouses.
- Review and ensure that all documents are maintained in compliance with accepted policies and procedures.
- Controlling Supplier Reconciliation on Monthly Basis.
Job Role/Department: Inventory & GL
- Controlling Cost of Sales.
- Supervision of Customs, Port and Shipments Handling Charges.
- Make appropriate OPEX Accruals
- Controlling the Stock Adjustment on monthly biases.
- Prepare Monthly Receiving Sheet of all shipments and control the LC.
- Approve all Stock DN and CN issued for business associates and related parties.
- Monthly Reporting.
- Control Stock Accrual. (FOB, Freight, Customs, Insurance)
- Managing the monthly closing process,
- Maintaining proper reconciliation of all G/L accounts.
- Monthly expense variance analysis
- Control Accruals and Prepaid Accounts (Recurring and Analysis).
- Maintain Monthly Recurring for Fixed Expenses Accounts.
- Monthly VAT reports analysis
- Stock Reconciliation.
- GL Clearing.
- Oracle System.
- SAP System.
- Appian Work Flow System.
- Supervising an accounting team .
- Sales control; review sales entries and give approval on them .
- Control monthly reconciliation for sales accounts and all related .
accounts ( Electronic gift cards, gift vouchers, promo gift ) .
- monthly review for bank and credit card reconciliation .
- Monthly break down for balance sheet accounts and adjust variances .
- approve the calculation of consignment goods, commission and issue invoices for suppliers also follow up the new agreement with the sourcing and legal departments.
- Monthly closing.
- Control prepaid and accruals accounts . and make sure to be updated monthly.
- Maintains and review all long-term contracts (rent, maintenance, Insurance .etc.) to determine due payable and process it in due time.
- final audit for payroll process and prepare the salaries transfer.
- working on JD Edward Oracle ERP system
- Using Business Object software ( financial reporting ) .
- Cartesis SAP to finalize the monthly financials .
- Recently working on the implementation of a new module for PSO sales to be automated ( auto entry creating ) .
- Review daily sales and post them.
- Accurately gather and analyze financial information to prepare entries to accounts such as insurance, rent, and municipality entries.
- Review accounting documents to ensure accuracy of information and calculations and resolve discrepancies.
- Reconciliation of the banks' balance reports with the company bank balance
- Generate P & L reports.
- Assist the Senior Accountant in Conducting monthly closings.
- Shipment cost allocation, by allocate the customs and freight charges for each unit using the weighted average cost.
- Observe the received shipments and control the missing and extra items by ordering and CN & DN.
- Preparation of monthly statements of account sent to vendors and associates to current emphasis on safety and health of the balances of these accounts and makes the necessary adjustments, if any, differences.
- Managing AP accounts on regular basis, and prepare the due amounts.
- Maintains and review all long-term contracts (rent, maintenance, Insurance .etc.) to determine due payable and process it in due time.
- Handling the petty cash.
- Handling tax issues. (Preparation and payments).
an accountant and my duties was as the following :-
- day to day transaction ( administrative expenses )
- deals with account payable and account receivable.
- bank reconciliation.
-social security.
-salary's and tax issues.
Accounting and Commercial Law