Assistant Accounting Manager
SPIMACO
مجموع سنوات الخبرة :11 years, 2 أشهر
- Analyzes financial information and prepares financial reports for the identification or maintenance of liabilities, tax liability, asset, or other financial activity records.
- Prepare, manage, and ensure accuracy of vouchers, enter information into applicable database, and instruct others in voucher preparation.
- Assist in construction of financial modules for any new ERP system.
- Support year-end accounting closing activities.
- Manage accounts payable and accounts receivable, payroll, invoicing, sales orders, and bank reconciliations.
- Maintain monthly closeout checklist and exception journal entry log.
- Reconcile all asset accounts, including bank statements.
- Retrieve necessary month-end statements for monthly closeout process.
- Maintain a variety of reports, records, and files.
- Perform other duties as assigned by the Business Manager or Accounting Manager.
- Responsible for Prepayments amortization, Accruals posting, other payables and other receivables tracing.
- Reconcile GL accounts (I.E., Assets, Liabilities, and other accounts).
- Generate an A/R aging report as monthly, to be shared with the concerned departments to organize the old outstanding issues and overdue.
- Preparing the ECL calculation on quarterly basis for the Provision for Doubtful Debts, make the necessary adjustments.
- AR balances confirmation on quarterly basis - Monthly basis for IC.
- Used to correct invoice errors, such as overcharge, undercharge, and other billing mistake or accounts.
- In a monthly basis, preparing the collections report and share with Credit control.
- on daily basis, posting and clearing the collections received from customers and settlements against invoices.
- In quarterly all rebate agreement is created in the system.
- Continuously updating contracts in case of any change in the system.
- On monthly basis, expenses relating to foreign markets are received, reviewed, and posted in the system for netting process against our receivable from foreign sales.
- Conduct credit checks, and review all control procedures, recommend appropriate credit limits, and updating any change in payment terms, also coordination with all Sectors of Sales and business development for any update in the agreement as monthly basis.
- Contact with collections team & Credit control to ensuring that customers pay their invoices within the defined payment terms and conditions Credit Management serves to prevent late payment or non-payment.
- With appropriate supporting documentation, preparing journal entries relating to amortization, depreciation, accruals, and a variety of other information and ensure that entries align with IFRS.
- checking that data is accurate and conducting audits to maintain truthful and precise data in documents.
- Analyzing and interpreting financial information, provides assurance that information complies with professional and regulatory standards, ensure that data supports budgeting and forecasting requirements, and providing solutions to control issues.
- PRs verification for GLs & Cost centers.
- Reconciling the accounts on a regular basis, ensure that all entries are accurate and that transactions are reported in accordance with accounting standards and government regulations and making changes, as necessary.
- At the end of the month or year, general ledger accountants record information such as accrual, deferral, reclass, and interdepartmental entries into the company’s accounting ledger. They perform account analysis to make sure that entries and balances are correct.
- Review Trial balance to identify and explain variances.
- Follow documentation retention policy to maintain accounting files.
- Expenses comparison on monthly basis.
- Review employees’ benefits, accruals and provisions prepared by HR team to be posted on SAP.
- Support Auditor in conducting internal and external audits.
- Ensure monthly close deadlines are met.
Responsible for tracing company's Expenses and Revenue recognition.
Prepaid, accruals and employees benefits accounts.
Bank Accounts and Bank Reconciliations.
Debit and Credit interests evaluation and confirmation.
1. Vendors Accruals and Payments, Issuing the Checks due to vendors.
2. Maintaining the GLs accounts and making sure that balances are settled.
3. Adjusting Entries to Revenues, Expenses and advance to employees.
4. Coordinating in end month closing financial statements.
5. Bank Entries, reconciliations at the End of the month and evaluating foreign Currencies.
6. Assets Officer
7. Related Party adjustments.
8. Daily entries for Petty Cash and Expenses
9. Performing all my daily work using SAP.
Sales Agent
I am working as an accountant at Hikma one of the leading pharmaceutical manufacturing companies in Saudi Arabia which located in Riyadh and i an responsible for General Ledger accounts, Banks accounts and employees benefits provisions.
Receiving Hard Calls with an intermediate authority.
Bachelor Degree