Chief Accountant
Philo Egy for Electrical & Plastics Industries Co
مجموع سنوات الخبرة :16 years, 1 أشهر
Responsibilities
1-Prepared and analyzed financial records to determine areas for financial growth and cost reduction.
2- Trained junior accountants in various complex software.
3- Closely monitored the budgets, expenditures and other finances for 3 projects.
4- Managed accounting teams of 5, dealing with matters including complex financial issues and customer payment complaints.
5- Ensured finance and accounting teams met monthly KPIs by closely observing operations and reports.
6- Managed the payroll processes for 55 employees and contractors.
Conducted in-depth analysis of financial discrepancies,
7- Worked with leadership to prepare operating budgets and facilitate financial planning.
8- Supported budget administration with detailed expense analyses and report reviews.
9- Supported human resources by tracking EEO statistics for FCC reporting.
10- Maximized tax return profitability by interviewing students to obtain taxable income, deductible expenses and allowance information.
11- Educated management on strategies for minimizing tax liability.
12- Prepared quarterly tax returns and reviewed with auditors.
13- Prepared monthly and year-end closing statements, financial documents, and invoices.
GL:
- Ensure accuracy of general ledger. Make journal Entries and checking the
supporting documents.
- Review and Audit daily entries.
Accounts Payable:
- Performing day-to-day financial transactions, including verifying,
classifying, computing and recording accounts Payable data.
- Prepare analysis of accounts payable.
- Review contractor's contracts.
- Review the Invoices (MOSTAKHLASAT) of contractors and Mach it with
Indexation.
- Validate invoices against items or services received.
- Review accounts payable Payments.
- Creating, sending, and following up on invoices to suppliers &
subcontractors.
- Settle projects petty cash accounts.
- Track expenses as they relate to specific projects and jobs.
AR:
- Issue customer invoices as per the contract's terms.
- Follow-up collection with the customers.
- Research and resolve invoice discrepancies and issues.
- Review all invoices for appropriate documentation.
Statements and Reporting:
- Produce reliable and timely account statement reconciliations
- Monitor and analyze accounting data and produce financial reports.
- Managing data, records, and reports by checking for errors and verifying
accuracy of information.
- Produce customized reports.
Controls:
- Meet financial accounting objectives.
- Maintaining accounting controls by following policies and procedures.
- Accomplishing accounting and organization mission by completing
related results as needed.
- Collecting and entering data for various financial spreadsheets.
- Monitor accounts to ensure payments are up to date.
Closing:
- Month and end-year process.
- Coordinate and complete annual audits.
Others:
- Establish and maintain fiscal files and records to document transactions.
- Create and monitor a system of controls, procedures, and forms for the
recording of fixed assets.
- Assign tag numbers to fixed assets.
- Record fixed asset acquisitions and dispositions in the accounting system.
- Track the completion of project costs into fixed asset accounts.
- Reconcile the balance in the fixed asset subsidiary ledger to the summary-
level account in the general ledger.
- Calculate depreciation for all fixed assets.
- Review and update the detailed schedule of fixed asset.
- Calculate asset retirement obligations for those fixed assets to which
AROs are applicable.
- Conduct periodic physical inventory counts of fixed assets.
- Represent the company during any audits by a government.
Track company expenditures for fixed assets.
Prepare monthly, quarterly and annual financial reports
- Prepare monthly, quarterly and annual budget execution reports
- Maintaining accurate and up to date records of all financial transactions
- Recording, classifying and summarizing financial transactions and events
in accordance with accepted local accounting principles and financial
reporting standards
- Using various software applications, such as spreadsheets, relational
databases, statistical packages, and graphics packages to assemble,
manipulate and/or format data for accounting and reporting purposes
- Computation and payment of staff salaries on a monthly basis
- Improvement financial management system, internal control system by
using financial management software, the medium-term and program
budgeting
- Cooperation with external auditors to carry out annual external auditing
- Supervision day-to-day operation of the accounting
- Other financial management duties assigned by the Director of Finance.
Maintaining basic accounts, book keeping
- Reconciliation of Bank statements
- Ledger entries, journal entries
- Customer relations
- Invoice entries and cross checking
- Prepared and analyzed financial statements
- Helped in preparing tax returns
- Implemented new accounting procedures and processes
- Cooperation with external auditors to carry out annual external auditing
- Supervision the day-to-day operation of the accounting
- Other financial management duties assigned by the Director of Finance.
Summarizes financial status by collecting information; preparing balance
sheet, profit and loss statement, etc.
- Substantiates financial transactions through audited documents.
- Maintains accounting controls by preparing and recommending policies
and procedures.
- Reconciles financial discrepancies by analyzing information.
- Secures financial information by completing backups.
- Documents financial transactions and recommends actions to be taken.
- Researches and interprets accounting policies and regulations.
- Prepares asset, liability, and capital account entries by compiling and
analyzing information.
- Prepares financial reports by collecting, analyzing, and summarizing
account information and trends.
- Maintains customer confidence and protects operations by keeping
financial information confidential.
- Coordinates activities with accounting staff and answers questions.