Chief Accountant
Qassim Cement Company
Total des années d'expérience :18 years, 3 Mois
GL Supervisor
Financial Statements Preparation and analysis:
• Prepare the Financial Statements for Audit Purposes Including Preparation of All Trial Balances, Adjusting Entries, Any Other Statements or Declarations and Disclosures.
• Work with External Auditors Throughout the Audit Process. This Includes Answering All Inquiries in a Timely Manner and Overseeing Timely Preparation of All Schedules Requested by the Auditors.
• Prepare the Financial Statements for Management Purposes in Monthly Bases, Including all Breakdown Reports of Income Statement and Balance Sheet.
• Manage the Processing and Entry of All the Raw Data Required for Management and Financial Reporting at Divisional Level (e.g., actual, budget, forecast).
• Report the Financial Performance by Periodic Comparisons and Analytical Ratios, Process Horizontal and Vertical Analysis of Financial Statements and Summarize Results for Top Management.
• Member of Governance Committee (3 Members) in Company which Contains CFO (President) and Internal Audit Manager (Member)
• Responsibility of Revise Company Reports According Governance Rules for KSA Listed Companies.
• Manage the announcements on Saudi Stock Exchange “TADAWUL” and responsible to keep on transparency & disclosure policies to avoid penalties or misleading the owners.
ENERGYA CABLES - EL SEWEDY, 10th of Ramadan, (Feb 2006 - Present)
Chief Accountant
1-\] Financial Statements Preparation and analysis:
•Prepare the financial statements for audit purposes including preparation of all trial balances, adjusting entries, and other financial statements and footnote disclosures.
•Work with external auditors throughout the audit process. This includes answering all inquiries in a timely manner and overseeing timely preparation of all schedules requested by the auditors.
•Prepare the financial statements for management purposes in monthly bases, including all breakdown reports of income statement and balance sheet.
•Manage the processing and entry of all the raw data required for management and financial reporting at divisional level (e.g., actual, budget, forecast).
•Report the financial performance by periodic comparisons and analytical ratios, process horizontal and vertical analysis of financial statements and summarize results for top management level.
•Analysis Revenues by customer, sales order and products.
•Ensure the expenses analysis on a monthly base compared with previous periods and budget allocation, Analyze the variance according values or volume.
•Ensure the turn key contracting projects Revenue & Cost periodic.
2-\] Fixed Assets and Projects under construction:
•Ensure the accurate recording addition and disposals of fixed assets register according Egyptian accounting standers, Tax Law 91 year 2005 adjustments and Sales Tax law 11 year 1991 adjustments.
•Handle the leased assets vouchers and accounting treatments according EAS & IFRS.
•Ensure the projects under constructions recording with spreading sheets and percentage of completion.
•Process and review the depreciation vouchers.
•Ensure company investment in other companies stocks.
3-\] Accounts Payables & Accounts Receivables:
•Review daily transactions into accounting software and preparing reports, Review all transaction in GL accounts including materials receiving, goods deliver to customers, issued invoices, petty cash, payment to supplier and collections from customers.
•Responsibility of Copper purchase and fixation with metals companies, follow the LME record and avoid any possible losses from prices fluctuation.
•Ensure the accurate recording reporting and classifying of the payables before payments are made, ensure that all supporting documents related to payables.
•Ensure proper accounting analysis for invoices & posted correctly on the general ledger.
•Ensure proper authorization and verify payments for approval.
•Prepare check vouchers ensuring its authorization for schedule of payment.
•Ensure aging reports for AP & AR within timely manner on weekly bases.
•Ensure the cost of incoming raw materials Local and Export.
4-\] Cash and Banking:
•Prepare direct method cash flow projection on monthly bases according actual performance of production, receivables and payables.
•Ensure cash position in timely manner weekly bases, Review bank contracts and debit interest calculations on monthly bases.
•Ensure bank reconciliations monthly bases, including all bank transfers checks and entries.
•Set payment priority according strategic budget and tactical forecast.
•Ensure recording the medium term loans, installments and rescheduling.
•Ensure calculation of current portion of medium term liabilities.
5-\] Debit and Credit Balances:
•Ensure inter-companies transactions and balance confirmation on monthly bases.
•Prepare inter-companies management report for consolidation proposes.
•Ensure Sales tax account, withholding tax and additional tax according tax law updates.
•Ensure provision accounts by set new provision for risky depts. Or minimize allocated provision against bad depts. Collected.
2005 Zagazig University Bachelor Degree of Commerce, Accounting