Chief Accountant
Masdar Building Materials
Total years of experience :14 years, 9 Months
• Participate in the strategic planning of the company at the level of the holding group.
• Applies understanding of principles and techniques, evaluate and analyze financial statement.
• Creates standard financial statement with accuracy and in compliance with established requirements and policies.
• Aligns with internal control system that provides effective and efficient operations reliable financial reporting and compliance with laws.
• Ensure an accurate and timely monthly, quarterly and year end close.
• Supervise of Preparing balance sheet, profit and loss statement, and other financial reports and submit it monthly.
• Ensure an accurate and timely monthly, quarterly and year end close & close activities related to costing and finance.
• Annual budget process & monthly forecasting
• Prepare various financial analysis related to manufacturing costs, inventory, and expense information for various customers as needed for decision making support.
• Maintain accurate records relating to company transaction and assets
• Set up new raw material, packaging, WIP, and FG items and maintain production bill of material.
• Prepares estimates of new product and proposed product or service costs.
• Annual budget process & monthly forecasting
• manufacturing financial treatment and product costing and variance management
• Conduct reviews and evaluations for cost-reduction opportunities.
• Very Active member in IFRS conversion 2018 for AlMoajil Group.
Corporate Senior Accountant VAT specialist for AlMoajil Group
• Ensure controls and compliance measures are in place for assigned reported.
• Oversee and prepares company monthly VAT return in GCC.
• Offering tax accounting advice to internal company departments.
• Maintains and updates working knowledge of tax laws and regulations, including new filing practices, deadlines, and any company-specific information
• Corresponds with other departments and communicates the tax implications of all business practices to senior company managers
• Assists with preparing annual financial records, including meeting deadlines and ensuring all financial practices and records comply with accepted VAT rules.
• Works with financial management officials to develop tax strategies that involve both incentives and tax-compliance recognitions
• Reviews work by junior team members, recognizes training opportunities for junior team members, and offers knowledge and support to develop team member performance.
• Deep knowledge of VAT regulation and legality (local and international)
• Direct line with Tax authority for any additional data required.
• Collaborates with the other finance department managers to support overall department goals and objectives.
• Monitor the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions.
• Oversee financial department employees, including financial assistants and accountants.
• Develop and implement accounting rules and prepare reports, policies and procedures necessary to conduct the company's business
• Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
• Monitoring the bank statements and all matters related to bank information and issuing checks
• Review financial data and prepare monthly and annual reports.
• Advise on investment activities and provide strategies that the company should take
maintain the financial health of the organization.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
• Develop trends and projections for the firm’s finances.
• Conduct reviews and evaluations for cost-reduction opportunities.
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Manage the preparation of the company’s budget.
• Cooperates with auditors to ensure appropriate monitoring of company finances is maintained.
• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.
• Understand and adhere to financial regulations and legislation.
Managing relationships with banks to ensure seamless functionality of Group Treasury
credit control.
Responsible for timely reporting for the Group Entities.
Clients who have mist screen (on line trading software).
Customer Contracts (Individuals).
Answers accounting procedure questions
Prepares payments by verifying documentation, and requesting disbursements.
Support clients by technical support.
Bachelor of Commerce Accounting Department Good Grade