Chief Accountant
Abdul Latif Jameel
Total des années d'expérience :18 years, 11 Mois
• Preparation of consolidated financial statements with Disclosures, Notes and Appendices
• Preparation of monthly Analysis and Ad Hoc report with presentations
• Preparation of monthly forecasts
• Preparation of yearly Budget for 4 different entities
• ensure accurate and timely monthly and year end close processes
• Coordination with treasury department for foreign currency hedging
• Assist and work with external auditors in preparation of financial statements, notes, and appendices until the submission of final report
• Preparation and submission of monthly financial reports
• Coordination with external auditors for yearly audit and mid-year review
• Participate in feasibility studies with budget and forecasts for new business projects
• make certain all financial reporting deadlines are met
• oversee Oracle accounting system updates and improvements
• Preparation of consolidated financial statements with Disclosures, Notes and Appendices
• Preparation of yearly Budget for Head office by departments, with variance analysis.
• Completes month end closing, flash reports and ensures that the final reports match the original ones generated by the reporting department.
• Manages fixed assets, additions and retirement, and analyzes and financial statements for variances.
• Ensures on-time, accurate completion of key accruals including bonuses and workers compensation.
• Trains team members including 4 new employees on intercompany and bank reconciliations.
Projects:
• Improved bank transaction processing between the company and bank by managing the development of EDI.
• Oversees the development of an Oracle ERP project to create new operating units for newly established subsidiaries.
Recording accounts payables and setting up invoices for payments. Check with vendors and respond to inquiries.
Recording journal entries and reconciling General Ledger with Subsidiary Ledger.
Transfer Pricing entries including costing of inventory, recording of Intercompany transactions.
Preparing weekly bank reconciliations and following up with treasury on irregularities.
Recording bank transactions like forward contracts and Deposit interest while checking their accuracy.
Preparation of aging report and following up with affiliates for payments of pending receivables.
Preparing reconciliation of intercompany accounts.
Recording Receivables and applying amounts to subsidiary ledger
Daily Preparation of cash management reports
Selected Accomplishments
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Worked as part of team in the development of oracle ERP, which include Analysis, Testing and successful implementation
Reconciling 30+ bank accounts on weekly basis
- Preparing cargo clearance invoices
- Preparation of financial statements for a subsidiary of the company and payroll
- Calculating cost for cargo shipments
- Invoicing Customs for cargo and express to customers
- Reconciling Customs paid with customs invoiced at the end of each month
- Bank reconciliation
- Reconciling account payables with suppliers.
- Receipt Entries
transaction entries and auditing
Rotational Training in all departments (Commercial Credits, Personal Loans, Letter of Credit LC, Letter of Guarantee LG, etc.).
GPA 3.0