Chief Accountant
hrco refrigeration Co ltd
Total years of experience :17 years, 8 Months
Reporting to the Finance Director and Owner I have the responsibility for all the finance transactions, closing and audit management. Alongside ensuring the efficient running of the Administration departments.
Key Achievements:
• Lead in the implementation of a new manufacturing-based ERP system (SAP). This has ensured precise costing, implementation of process & procedures and financial accuracy.
• Developed a team of three accountants to enable us a Department to complete all activities and responsibilities.
• Detailed Financial Statements examination, leading to the correction of inaccurate and misleading financial data.
• Supervise all activities of the finance department including costing, accounting, receivables, inventory payables and bank reconciliations.
• Introduction of new reporting packs; detailing performance, variances and cost analysis for each business unit, allowing management to make more informed decision making.
• Plan, organize, coordinate, control and manage the divisions operations
• Completed the monthly annual financial statements in a timely manner, ready for management review.
• Leading the monthly review of all payroll activities to ensure the accurate and timely completion.
• Responsible for company VAT and IFRS readiness and wider tax/legal compliance.
• Producing daily and monthly Cash Flow Forecasts for Senior Management.
• Critical responsibility to ensure the complete readiness of the finance department for annual external audit, review and follow up.
• Follow up with customers for the Trade Receivables and ensuring collection is not delayed and escalating to legal counsel were required to ensure payment is secured.
• Implementing new procurement controls and processes, alongside management of logistics.
• Reviewed and completed banking documents such as LC and BG’s.
• Coordinated with international suppliers to ensure timely arrival of goods with suffering any local demurrages.
• Lead in the implementation of new ERP system which would ensure the business would be VAT compliant.
Al Howaish Refrigeration Factory Co. Ltd July 2001 - February 2010
Jeddah, KSA
Senior Accountant
Part of Head Office Finance Department, reporting directly to the Finance Manager working to ensure the efficient and timely completion of all accounting entries and developing reporting for Senior Management.
Key Achievements:
• Evaluate financial reporting systems, accounting procedures and make recommendations to improve finance department and business performance.
• Examine and analyse journal entries, bank statements, inventories, expenses and all other related accounting and financial records to ensure accuracy and compliance with established polices and standards.
• Prepare and coordinate the preparation of financial statements, estimates, summaries and other financial analysis and reporting for Senior Management.
• Developed and implement new financial, accounting and operational policies to improve the performance of the business.
• Automated banking and cash transactions to improve output and accuracy of bank reconciliations.
• Completed monthly Payroll for the entire company, leading to accurate and timely payments to employees.
• Annual lead for the inventory stock take and reporting outcome to Senior Management.
• Established a new ERP platform the Finance and HR Departments.
• Responsible for the documentation of all new procedure manuals for the Finance Departments.
•
• Credit Control responsibility to ensure we effectively managed out credit and collection exposure.
reporting directly to the Finance Manager working to
ensure the efficient and timely completion of all accounting entries and developing reporting for
Senior Management.
Key Achievements:
* Evaluate financial reporting systems, accounting procedures and make recommendations to
improve finance department and business performance.
* Examine and analyse journal entries, bank statements, inventories, expenses and all other
related accounting and financial records to ensure accuracy and compliance with established
polices and standards.
* Prepare and coordinate the preparation of financial statements, estimates, summaries and
other financial analysis and reporting for Senior Management.
* Developed and implement new financial, accounting and operational policies to improve the
performance of the business.
* Automated banking and cash transactions to improve output and accuracy of bank
reconciliations.
* Completed monthly Payroll for the entire company, leading to accurate and timely
payments to employees.
* Annual lead for the inventory stock take and reporting outcome to Senior Management.
* Established a new ERP platform the Finance and HR Departments.
* Responsible for the documentation of all new procedure manuals for the Finance
Departments.
*
* Credit Control responsibility to ensure we effectively managed out credit and collection
exposure.