Chief Accountant & Assistant of Financial Manager
Arabian Sulfonates Co. Ltd
مجموع سنوات الخبرة :25 years, 2 أشهر
Prepare the policies & procedures required for building a solid Accounting & Internal Control System that will be able to protect the company from cheat, deceive and fraud
Coordinate with IT Department to implement the security of the accounts software and the company maintain additional backup of accounts books
Prepare the budget with cooperation of managers of all other departments
check each document presented to accounting Dept. and write my instruction to accountant relate to the documents to pass the entry in the account that I have already specified on each document
Approve the payments prepared by the Accounts payable as per the budget after checking to ensure that the payments are due and on time and check that the Payment Voucher amount is correct, prices are as per the contracts approved and budgeted and all the support documents are attached
Check and approve the Payroll Sheet and checking that salaries has correctly allocated to each cost of productions/ employee loans has been deducted.
Coordinate with Procurements Dept. to put policies and procedures for purchases and check to add my signature on the contracts after checking the prices, qualities and services to ensure that they are the best comparing with the others quotations received from other suppliers- check with accounts payables that all the payment vouchers numbers are in serial and suppliers invoices showing evidences that company has received the services or goods and stamped by paid stamp the receipt voucher of the supplier is attached.
Follow day by day the cash on hand, in banks & banks facility loans balances to ensure that there are sufficient cash balances to meet the operations of the company, check with Receivables Accountant that statements of accounts for customers have been sent to each customer and the collections have been done for all the credit sales invoices overdue
Check all the letters of Credits of both exports & imports to ensure that terms and conditions same as per the Performa Invoice, POs or the agreements of the customers and suppliers, and maintain report of partial shipments thru logistics department to follow with the logistic department that the shipping documents has been received on time from the suppliers and custom clearance has been done without port demurrage and same for exports that our documents have been sent to the bank • Check day by day the inventory balances to ensure that there are sufficient balances of raw materials and the purchases of new quantities of raw materials will not exceed the balance of inventory that the company want to keep for each month, check day by day the materials issued to the productions departments have been recorded in the cost of each job order and as per the request of productions departments and the quantities produces are correct comparing with raw materials and other cost factors recorded in the cost account.
• Check each sales invoice to make sure the correct of the price and profitability .
• Maintain Fixed assets Register, and check to ensure that the acquisition of fixed assets have done and recorded as per the coded system and physical by visiting the location of the fixed assets and the depreciations have been correctly calculated and monitor the transfer of fixed assets from location to other location
• Check monthly the banks reconciliations.
• Prepare the closing entries monthly and close the accounts monthly maximum within first 10 days of the new month.
• Prepare the Financial Statements (Statement of Financial Possession/ Statement Comprehensive of Income/ Cash flow / Statement of changes in equity account
• Prepare monthly cost management account
• Prepare the report of variances in Budget and investigate the reasons of these variances and motivate the employees thru the evaluation the performance of each employee submitted to me every 3 months.
• Prepare the analysis report required for management for decision making
( Report to the General Manager - System in English)
Chief Accountant /Financial Manager -ASCO/Petrochemical Industry 2008 up to recently
• Prepare the policies & procedures required for building a solid Accounting & Internal Control System that will be able to protect the company from cheat, deceive and fraud
• Coordinate with IT Department to implement the security of the accounts software and the company maintain additional backup of accounts books and data, control the validity of the PC users for control to ensure each department must not access in to the other user
• Prepare the budget with cooperation of managers of all other department in the company
• Receive all the documents presented to Accounting & Finance Dept., check each document presented to accounting Dept. and write my instruction to accountant relate to the documents to pass the entry in the account that I have already specified on each document
• Approve the payments prepared by the Accounts payable as per the budget after checking to ensure that the payments are due and on time and check that the Payment Voucher amount is correct, prices are as per the contracts approved and budgeted and all the support documents are attached.
• Check and approve the Payroll Sheet and checking that wages and salaries has correctly allocated to each cost of productions/ employee loans has been deducted.
• Coordinate with Procurements Dept. to put policies and procedures for purchases and check to add my signature on the contracts after checking the prices, qualities and services to ensure that they are the best comparing with the others quotations received from other suppliers- check with accounts payables that all the payment vouchers numbers are in serial and suppliers invoices showing evidences that company has received the services or goods and stamped by paid stamp mentioned the cheque number and the receipt voucher of the supplier is attached.
• Follow day by day the cash on hand, in banks & banks facility loans balances to ensure that there are sufficient cash balances to meet the operations of the company, check with Receivables Accountant that statements of accounts for customers have been sent to each customer and the collections have been done for all the credit sales invoices overdue.
• Create other ways than collections cash from the customers to finance the company like loans facilities from the banks or other organizations or rental on credit for the fixed assets required to the company for its operations with considering the profitability of the company will be resulted after these procedures.
• Check all the letters of Credits of both exports & imports to ensure that terms and conditions same as per the Performa Invoice, POs or the agreements of the customers and suppliers, and maintain report of partial shipments thru logistics department to follow with the logistic department that the shipping documents has been received on time from the suppliers and custom clearance has been done without port demurrage and same for exports that our documents have been sent to the bank or to the customers and all documents are correct to avoid any penalties or missing of shipments, coordinate with the logistics departments to reduce the cost of shipping thru the selecting the mode of shipping and the packing.
• Check day by day the inventory balances to ensure that there are sufficient balances of raw materials and the purchases of new quantities of raw materials will not exceed the balance of inventory that the company want to keep for each month, check day by day the materials issued to the productions departments have been recorded in the cost of each job order and as per the request of productions departments and the quantities produces are correct comparing with raw materials and other cost factors recorded in the cost account.
• Check each sales invoice to make sure the correct of the price and compare it with the relate cost and the profit margin as planned.
• Maintain Fixed assets Register, and check to ensure that the acquisition of fixed assets have done and recorded as per the coded system and physical by visiting the location of the fixed assets and the depreciations have been correctly calculated and monitor the transfer of fixed assets from location to other location and all that have been recorded
• Check monthly the banks reconciliations and follow with the accountants that the pending amounts in bank reconciliation have been cleared, check the reconciliations of banks loans, outstanding letters of credits.
• Prepare the closing entries monthly and close the accounts monthly maximum within first 10 days of the new month.
• Prepare the Financial Statements (Statement of Financial Possession/ Statement Comprehensive of Income/ Cash flow / Statement of changes in equity account
• Prepare monthly cost management account
• Prepare the report of variances in Budget and investigate the reasons of these variances and motivate the employees thru the evaluation the performance of each employee submitted to me every 3 months.
• Prepare the analysis report required for management for decision making
1998 - 2008: Accounting Supervisor: ZAHID TRADING & REAL ESTATE CO. SAUDI ARABIA - JEDDAH
(Report to Financial manager-System in English)
Supervise of all Accounting Dept., journalize and entering all the transaction of general ledger, closing entries (accruals, prepaid & inventory, preparing Financial Statements (Statement of Financial Position, Statement of Comprehensive Income & Expenses, Statement of Cash Flow & Equities Changes), Reports of Letter of Credits, Facilities and other analysis reports all that as per IFRS & International Accounting principles.
1992- 1996 Chief Accountant: Modern Business Co.. SAUDI ARABIA - JEDDAH
Handling all Accounting works in the company Journalizing and posting of all the transactions as per GAAP, prepare of banks reconciliation, opening and following letter of credit as well as coordinating with the forwarders and suppliers for arranging the shipments, following the status of shipments clearance, prepare the list of the outstanding import & export LCs follow the balance of the banks facility to open new LCs. Prepare the cost of each contract and prepare the bill of each contract as per the method of percentage completion works and the income invoice as per the Engineer Payment Certificate, follow and reconcile the accounts of receivables (Retention Account-Customer Advances- Receivables Account) - Open cost Account for each project and ensure that all the costs have been recorded to each contract account, prepare both of the financial statement and the cash flow monthly as 1990 - 1992 External Auditors: SAUDI CERTIFIED ACCOUNTANTS FIRM SAUDIA ARABIA - JEDDAH
Reviewing and auditing accounts of different companies, examining the internal control systems and the documentations. Reporting and preparing of Financial Statements, Costs Statements, Cash Flow, Auditing Reports, Zakat & taxation Reports under supervision of professional auditors
1987 -1990 External Auditor: SHOWKI CERTIFIED ACCOUNTANTS, KHARTOUM - SUDAN
Job descriptions same as I mentioned in Saudi Certified Office
Contact:MOBILE for Saudi Arabia 00966 50 9714174 or e-mail halahmarketingco@hotmail.com
Qualifications : • Bachelor of Accounting with very good grade from Al-Neelain University 1987(Accredited University by ACCA-London & WES-USA) • Registered in ACCA, my study for ACCA is combined with on line Program for MBA by London School of Business & Finance • I taked 2 courses of CMA Part1 & Part2 in 2011 by Certified Accountant Firm in Jeddah. • Computer skills in Windows, Excel & Internet (Expert working on all Accounting Software suitable for ERP System like AX Dynamics, Great planes /Cota Financial / Peach three/ Quickbooks)
• Bachelor of Accounting with very good grade from Al-Neelain University 1987 (Accredited University by ACCA-London & WES-USA)
• Registered in ACCA, my study for ACCA is combined with on line Program for MBA by London School of Business & Finance
• I taked 2 courses of CMA Part1 & Part2 in 2011 by Certified Accountant Firm in Jeddah. • Computer skills in Windows, Excel & Internet (Expert working on all Accounting Software suitable for ERP System like AX Dynamics, Great planes /Cota Financial / Peach three/ Quickbooks)