Chief Accountant
ZM Group General Trading LLC
Total years of experience :14 years, 6 Months
• Oversee all accounting functions, including accounts payable, accounts receivable, general ledger, and payroll, to ensure accurate and efficient financial management.
• Prepare, analyze, and consolidate financial statements, such as balance sheets, income statements, and cash flow statements, to provide comprehensive financial insights for decision-making.
• Ensure compliance with accounting principles, regulations, and Turkish accounting standards, staying updated on any changes.
• Manage budgeting and forecasting processes, identifying, and implementing cost-saving measures to optimize financial resources.
• Develop and implement internal controls to safeguard assets, improve accuracy of financial records, and achieve a 99.5% accuracy rate for financial statements.
• Lead and motivate a team of accounting professionals, optimizing workflow and delegation to improve the monthly closing process by 20%.
• Build and maintain strong relationships with external auditors, bankers, and stakeholders, receiving positive feedback on accuracy and transparency of financial information.
• Implement automation and streamline procedures, reducing accounts payable processing time by 25% and improving supplier relationships.
• Set up and improve accounting systems and processes aligning with business needs for maximum operational success.
• Calculate tax owed, prepare and submit returns, and uphold compliance with applicable laws.
• Review budgets, reconcile balance sheets, and communicate discrepancies to senior management.
• Complete year-end closing processes with controllers and external auditors.
• Ensure timely preparation and submission of financial reports, achieving a 95% on-time delivery rate and meeting strict deadlines set by management and regulatory authorities.
• Collaborate with internal and external stakeholders, including banks, auditors, and tax authorities, to maintain positive relationships and ensure smooth financial operations.
• Reviewed business operations and obligations to help organization function at acceptable level.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Analyzed financial audit information and made recommendations to improve efficiencies.
• Drafted variance reports, regulatory filings, and related schedules.
• Prepared monthly journal entries and reconciliations.
• Cash Flow Management: Implemented effective cash flow forecasting techniques, resulting in 25% reduction in outstanding accounts receivable and improved working capital management.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Reviewed documents and accounts for discrepancies and resolved variances.
• Prepared monthly journal entries and reconciliations.
• Updated general ledger with latest entries.
• Reconciled balance sheets and streamlined best practices for balance sheet processes.
• Team Leadership: Oversaw team of 3 junior accountants, providing guidance, mentoring, and training. Improved team performance by implementing performance metrics and conducting regular performance evaluations.
• Created and introduced updated processes for accounts receivable sub-ledger and customer attribute reporting.
• Coordinated with clients to improve accounting and payroll operations.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Handled day-to-day accounting processes to drive financial accuracy.
• Streamlined monthly financial close process by implementing automated journal entry templates, reducing closing time by 30% and improving overall accuracy.
• Successfully managed portfolio of 20+ subcontractor accounts, ensuring timely and accurate payment processing, reducing payment discrepancies by 25%.
• Reported financial data and updated financial records in ledgers and journals.
• Applied proper codes to invoices, files, and receipts to keep records organized and easily searchable.
• Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
• Reconciled account information & reported figures in general ledger by comparing to bank account statement Monthly.
• Led daily general ledger entries, using double-entry accounting method and check backs.
• Sent out dividend checks to over 3 shareholders monthly, quarterly, and yearly.
Equivalency Of Bachelor of Commerce - BCom Degree In Accounting Major