Ass. Manager Accounting
saudi Johnson Co. Ltd.
مجموع سنوات الخبرة :26 years, 2 أشهر
Reporting directly to Financial Controller
Working on ERP System - SCALA
Heading and managing a team of 3 members and reporting to the Finance Manager & Controller.
Assigned responsibility of GL / accruals/ month closing process and finalization of accounts / member of budget preparation, comparing actual vs budget as per the strict deadline provided by management.
Involved in reviewing payments, petty cash and monitoring bank balances on daily basis in order to schedule the payment for key supplier and make sure that there won’t be blockage in RM/PM delivery.
Making sure that all cross charges are charged to all subsidiaries on monthly basis by applying SCJ-pre-approval procedure & processing debit/credit notes in timely manner.
Handling accounts receivable, follow up for overdue balances and payments.
Ensure that all the recorded transactions are posted on daily basis.
Preparation of various reports including overhead analysis & prepayment schedule.
Handling audit and zakat related matters, preparing reports and schedules as per auditors.
Active member in soar project.(SCJ-Internal audit as per SCJ policy)
Prepared various reports related to SAP implementation (Red sea Project)
Monitor:
sales Invoicing and following up with logistic team for the monthly target sales, ensuring all the sales invoices are sent to local distributor / SCJ-Subsidiaries on a timely manner.
MENA collection by communication distributor and subsidiaries and ensure that all due balances are received on time.
Receipt vouchers data entry, customers debit & credit note preparation and printing monthly customer statement of account etc.
Data entry of Local & Foreign Suppliers invoices, expenses invoices, making sure that it is being recorded in correct account and in time.
Supplier & customer creation, price update and ensure that it approved by higher management, later the same task transferred to costing manager.
AP aging printing and processing payments as per due date.
Petty cash reimbursement and data entry of expenses.
Bank reconciliation on weekly basis and ensure that all outstanding transactions are cleared at month end.
Month closing file and ensure that GL matches with Sub ledger
Key Achievements:
Successfully control the AP aging days by increasing the days from 30 to 45, 45 to 60 and 60 to 90 days and maintained healthy working capital,
Studied the understanding the manufacturing cycle and found that there are fluctuation in material usage, because of that there are huge variance in material usage discussed the issue with production supervisor and found that there is an error in batch processing factor, The same presented to the management, and after approval the factor was rectified in the production master.
Awarded:
Now thanks (SC Johnson award policy for achievements) for reducing AP days and brought working capital in healthy shape.
Reporting Directly to Financial Controller
Key Responsibilities:
Working on ERP System - MFGPRO
Heading and managing a team of 4 members and reporting to the Finance Manager & Controller.
Assigned responsibility of month closing & preparing financials as per the strict deadline provided by management.
Involved in reviewing payments, petty cash and monitoring bank balances on daily basis in order to schedule the payment.
Ensuring payroll preparation, reconciliation & transfer of salaries to employees on timely basis.
Handling accounts receivable, follow up for overdue balances and payments.
Ensure closing of work order on daily basis & analyzing production variance on monthly basis.
Ensure that all the recorded transactions are posted on daily basis.
Preparation of various reports including overhead analysis, EOSB calculation, & prepayment schedule.
Handling audit and zakat related matters, preparing reports and schedules as per auditors.
Monitor:
Invoice preparation, receipt vouchers data entry, customers debit & credit note preparation and printing monthly customer statement of account etc.
Data entry of Local & Foreign Suppliers invoices, expenses invoices, making sure that it is being recorded in correct account and in time.
Supplier & customer creation, price update and ensure that it approved by higher management.
AP aging printing and processing payments as per due date.
Petty cash reimbursement and data entry of expenses.
Bank reconciliation on weekly basis and ensure that all outstanding transactions are cleared at month end.
Month closing file and ensure that GL matches with Sub ledger
Key Achievements:
Successfully reduced overdue aging days from 90 to 40 days
Reporting Directly to Chief Accountant
Responsible for Accounts Payable, General Ledger, Bank reconciliation, Prepayments,
Assisted financial manger while month closing and reporting
Monthly /Quarterly/ Yearly Reconciliation
Visited various clients for performing interim & final audit.
Understood the internal control structure of the organization
Prepared notes on weaknesses of the organization and report submitted to the higher management on quarterly basis.
Prepared draft of Income Statement and Balance Sheet at the year end.
Performed internal audit for various organization as requested by some of the valuable clients.
Performed surprise cash & stock count.
