Accounting Manager
Al Faisal University
مجموع سنوات الخبرة :20 years, 5 أشهر
• Managing the overall accounting, financial transactions, asset management, revenue management, and payroll operations of the university. This includes ensuring that fiscal discipline and best practice financial management is carried out across the University by managing internal controls to mitigate risk, ensuring that the official accounting records of the university are up-to-date and accurate; safeguarding the assets of the university to minimize risk of financial loss; and developing and maintaining robust costing systems and reporting tools to provide high-quality financial information that supports the University’s strategic management initiatives.
• Safeguarding the University's finances and assets through the implementation and monitoring of up to date and relevant financial policies and procedures. Monitoring and accounting for all of university funds, including the operating budget, one-time and ongoing funding commitments, capital projects, gifts, endowments and other types of funds.
• Preparing the University's annual financial report and other reports for internal control and managerial purposes and managing the relationship with the University's external auditor.
• Prepare the annual budget and monitor it vs. actual variances.
• Prepare, examine & analyze accounting records to assess accuracy, completeness and conformance to reporting and procedural standards.
• Provide accurate, comprehensive and timely information regarding the financial status through the utilization of effective accounting concepts, principles, procedures and systems.
• Presents financial information to senior management and board of directors.
• Recommend and develop policies, procedures and systems to meet the university objectives.
• Coordinate accounting division activities with those of other divisions and outside entities; provide staff assistance; prepare and present staff reports and other necessary correspondence.
• Conducting performance appraisals for subordinates according to scheduled plans and recommending necessary actions as per the applied practices.
• Works on special projects as needed.
• Prepare or review journal entries.
• Prepare and process monthly payroll and employees benefits.
• Controls Petty Cash.
• Analyze financial transactions, determine accuracy, insure completeness and compliance to established policies, procedures and GAAP.
• Ensure the smooth operations of the accounting processes; treasury, GL, AR, AP, Payroll, closing and reporting etc.
• Support and participate in all accounting activities during the monthly/quarterly close, including the preparation of account reconciliations.
• Control all documents imported and exported to the Accounting Department, and to ensure its accuracy and validity.
• Reviews, investigates and corrects errors and inconsistencies in financial entries, documents and reports.
• Participate in the annual inventory checking.
• Preparing the bank payment vouchers & checks.
• Prepare accounts payable entries and do the needed reconciliations.
• Prepare accounts receivable entries and do the needed reconciliations.
• Checking the the completeness and accuracy of cashier work.
• Preparing the bank reconciliation.
• Preparing and booking of all GL entries (Accruals, Prepayments & Depreciations).
• Checking the payroll statements and certify it and preparing the journal vouchers related to the payroll transactions and other employees benefits.
• Coordinat with other branches accountants and do the needed reconciliations.
• Preparing the journal vouchers and bank payment vouchers related to petty cash, employees benefits (Vacations, End of service benefits) & utility bills.
• Responsible of preparing payroll detailed lists and summaries and journal vouchers related to payroll transactions.
• Preparing the accounts receivables and payables vouchers.
• Reviewing all kinds of transactions before posting to general ledger.
Graduated with a GPA of 70.8% (Good)
Graduated in Scientific division with an overall percentage of 91% (Excellent)