Finance Executive
Bahwan CyberTek
Total years of experience :12 years, 7 Months
• Manage and motivate finance team to follow all accounting control measures.
• Directs the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records.
• Ensure timely and accuracy in all daily, monthly and annual accounting operations such as bank reconciliation, journal vouchers, Invoicing / payment of all debtors, and invoicing / collection of creditors …etc…
• Verify and approve all payment notes, sales invoices, purchase orders
• Supervises and participates in the preparation of various standardized financial statements as listed below:
- Statement of Financial Position.
- Statement of Changes in Equity.
- Statement of Comprehensive Income.
- Statement of cash flows.
• Innovate and initiate new payment channels to ease the collection of receivable payments and to ensure timely recording of all debts.
• Responsible for management reporting processes and systems to ensure the delivery of consistent, accurate and timely management information (financial and statistical) to facilitate efficient fact-based decision making.
• Review and maintain optimistic performance for each individual of financial team.
• Expertise in business analysis for automation projects and ERP systems to ensure that all configurations are in compliance with authorized processes and rules, and to ensure all vertical and horizontal processes are integrated, automated and implemented efficiently.
• Handle and control bank accounts and all related correspondences, authorizations & documentations, such as “banks guarantee, letter of credit, fixed deposits, credit facilities, and online banking etc...’’.
• Lead on any recommendations suggested in the audit report or directions of management.
• Managing a company's financial accounting, monitoring and reporting systems.
• Managing and controlling the revenue distribution, expenses, property and insurance records.
• Review and approve supplier invoices related to a project.
• Issue project cost reports for review and approval.
• Financial Reporting and analyzing:
- Producing accurate financial reports to specific deadlines.
- Providing financial reports and interpreting financial information to managerial staff.
- Managing the company's accounting transactions and reporting.
- Preparing financial statements.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Liaising and dealing with auditors to ensure annual monitoring is carried out.
• Dealing With Income & sales Tax department for :
- Company Income Tax.
- Manage employee Income Tax.
• Supervising staff Mentoring and guiding staff:
- Review & approve payment vouchers and journal entries.
- Responsible for the day to day work.
- Managing the accounting department and accountants.
• Perform all other duties as assigned and required.
• Prepare and submit yearly budget plans statement.
• Monitor departmental expenditures to ensure proper allocation of budgeted funds on a monthly basis.
• Complete Quarterly analysis of Department and provide information for all necessary budget adjustments.
• Actual to budget/forecast variance analysis.
• Manage and analyze a wide range of financial data.
• Signature of all expenditure of raw material and miscellaneous purchases, fit with the approved budget set
• Responsible for insert purchase invoices on the system.
• Prepare tax return for company sales tax (16%, 4%, tax exempt)
• Cost Production withdrawals from Raw material and packing material.
• Ensure accurate and timely monthly, quarterly and year end close.
• Continuous follow-up to supplier’s settlements and resolve accounts Problems.
• Reconcile monthly bank statements.
• Supervising on a quarterly inventory for warehouses, pricing and matching with the system.
• Ensure all financial reporting deadlines are met.
• Resolve accounting discrepancies and irregularities.
• Continuous management and support of budget and forecast activities.
• Monitor and support taxation issues.
• Liaising with governmental parties, social security and insurance companies.
• Process contractors' payment applications for monthly billings.
• Develop and maintain financial data bases.
• Financial audit preparation and coordinate the audit process.
• Ensure accurate and appropriate recording and analysis of revenues and expenses.
August 2011 Bachelor Degree of Accounting Faculty of Administrative and Financial Sciences Philadelphia University - Amman, Jordan
June 2007 High school - Literary Stream Al-Manhal International School - Amman, Jordan