Chief Accountant- real estate
Arab Developers Group
Total years of experience :18 years, 9 Months
General Ledger Management: Overseeing the day-to-day operations of the general ledger, including maintaining accurate and up-to-date records of financial transactions, journal entries, and adjustments. Financial Reporting: Preparing and reviewing financial statements, such as balance sheets, income statements, and cash flow statements, to ensure accuracy and compliance with accounting standards and regulatory requirements. Account Reconciliation: Conducting regular reconciliations of general ledger accounts to ensure the accuracy and integrity of financial data. This involves identifying and resolving any discrepancies or issues that arise during the reconciliation process. Month-end and Year-end Closing: Leading the month-end and year-end closing processes, including the preparation of necessary reports and schedules, accruals, and adjustments. Ensuring timely and accurate completion of closing activities to meet reporting deadlines. Financial Analysis: Analyzing financial data and providing insights and recommendations to management based on the interpretation of financial statements, key performance indicators (KPIs), and trends. Compliance and Audit: Ensuring compliance with accounting principles, regulations, and internal control procedures. Coordinating and managing internal and external audits, providing necessary documentation and support during the audit process. Process Improvement: Identifying opportunities for process improvements in general ledger operations, implementing best practices, and streamlining procedures to enhance efficiency, accuracy, and effectiveness. Team Leadership: Managing and developing a team of accounting professionals, providing guidance, training, and support to ensure the teams performance and professional growth. Collaboration with Stakeholders: Collaborating with cross-functional teams, including finance, tax, treasury, and operations, to ensure accurate
financial reporting and alignment with organizational goals and objectives.
Financial Reporting: Overseeing the preparation and analysis of financial statements, including balance sheets, income statements, and cash flow statements. Ensuring accuracy, adherence to accounting standards, and timely reporting. Budgeting and Forecasting: Collaborating with management to develop and monitor budgets, providing financial insights and analysis to support decision-making. Forecasting future financial performance based on historical data and market trends. General Ledger Management: Managing the general ledger system and ensuring accurate recording of financial transactions. Monitoring and reconciling accounts, resolving discrepancies, and maintaining the integrity of financial data. Internal Controls: Establishing and maintaining effective internal control procedures to safeguard company assets, prevent fraud, and ensure compliance with applicable regulations. Conducting regular internal audits to assess the effectiveness of controls. Tax Compliance: Ensuring compliance with tax laws and regulations, including the timely and accurate preparation of tax returns. Collaborating with tax advisors and government authorities as necessary. Financial Analysis: Conducting financial analysis to identify trends, variances, and areas for improvement. Providing insights and recommendations to management for optimizing financial performance and minimizing risk. Cash Flow Management: Monitoring and managing cash flow, including overseeing accounts payable and accounts receivable functions. Optimizing working capital to support business operations and investment activities. Team Management: Leading and managing the accounting team, providing guidance, training, and performance evaluations. Ensuring a high level of accuracy, efficiency, and professionalism in the teams work. External Audits: Coordinating and facilitating external audits by independent auditors. Providing necessary documentation and support during the audit process and addressing audit findings and recommendations. Compliance and Regulatory Reporting: Ensuring compliance with accounting principles, regulations, and reporting requirements. Preparing and submitting financial reports to regulatory bodies and stakeholders, such as shareholders or government agencies.
Invoice Processing: Receive, review, and process vendor invoices, ensuring accuracy, completeness, and adherence to company policies and procedures. Payment Processing: Prepare and execute payments to vendors, including checks, electronic transfers, and online payment platforms, while adhering to payment terms and internal controls. Vendor Management: Establish and maintain positive relationships with vendors, responding to inquiries, resolving payment discrepancies, and managing vendor statements.
Expense Reconciliation: Reconcile invoices with purchase orders, receiving documents, and other supporting documentation to ensure accurate recording of expenses and proper allocation to the appropriate accounts and cost centers.
Financial Recordkeeping: Maintaining accurate and up-to-date financial records for the bank, including recording daily transactions, posting entries to the general ledger, and reconciling accounts. Reconciliation: Performing regular bank account reconciliations to ensure accurate recording of transactions and identify any discrepancies. Investigating and resolving discrepancies in a timely manner.
, general accountant