Chief Accountant
Kuwait Saudi Pharmaceutical Industries Co. K.S.C ( Closed)
Total years of experience :26 years, 0 Months
• Handle full spectrum of financial and cost accounting role e.g., AR, AP, GL, forecasting, budgeting etc.
• Responsible for day-to-day finance and accounts operations
• Perform full set of accounts and ensure timely closing of accounts.
• Perform cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to management.
• Review & approve payment vouchers & journal entries.
• Perform cash flow forecasting, budgeting, and working closely with the operations and project teams in analyzing margins, variances, and cost analysis.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Work consultatively with the respective departments on cost reduction initiatives.
• Overseeing the payroll distribution and monthly financial reconciliation process for all payroll.
• Recording of monthly Provisions for EOSB & Leave provisions. Providing monthly reports of Payroll, EOSB & Leave.
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UBUY Designing & Managing Websites (E-Commerce company)
Finance Manager (Oct 2019 to Aug 2020)
• Managing Gateway contracts for the company with the banks with best gateway charges & services.
• Monitoring online revenue and ensuring that all the transactions are recorded as per the standards.
• Dealing with DHL, Aramex, FedEx & other courier services to get the best rates for shipping & customs.
• Monitoring on online purchases through the operation teams from the Amazon & other online websites.
• Managing the finance department and guiding the team.
• ensuring timely monthly & yearly closings.
• Preparing & Submitting the Financial reports to the management & coordinating with the Auditors for financial statements.
• Managing the cash flow of the company.
• Reviewing and providing the necessary financial advice for new contracts with customers,
suppliers, banks and others.
• Reviewing of Financial statements provided by the finance staff and approving before
submitting to the management.
• Working with respective departments on cost reduction initiatives.
YIACO Medical Company K.S.C.P
Chief Accountant (April 2014 to Sep 2019)
• Prepared, reviewed and finalized the Financial Reports including Statement of financial position, profit & loss, Changes in equity, cash flows & notes to consolidated financial information.
• Responsible for Balance Sheet Reconciliation & submit the detailed information to the management.
• Coordinating & providing all the necessary information related to external audit, internal audit & Ensure all Financial deadlines are met. Preparing for Audit file, coordinating with Auditors for smooth completion of the audit process and recoding of audit adjustments.
• Coordinating with the budget team members to prepare the budget schedules.
• Evaluating the performance of subsidiaries and other investments.
• Comparison of actual with the budgeted result and submit variance report to the management.
• Ensure accurate & timely monthly, quarterly & yearend closing. Facilitate closing procedure.
• Ensuring proper implementation of the fiscal policies & procedures and providing the recommendation for improvement and efficiency.
• Reviewing & approving payments with the approved limits.
• Assisting in the preparation of the annual budget. Review & submitting all the daily transactions provided by the staff such as Bank transfers, L.C & L.G’s, EOSB, Bank Loans, Cheque payments & Others.
• Monitored of Tagging, Recording, Addition and Disposal of Fixed Assets as per Company Policy.
• Dealing with Banks to finalize the facilities contract and get the best rates for cash & non cash facilities.
• Review of agency agreements & suggesting necessary corrections related to financial terms.
• Analyzing, reporting & implementing the Provision policies such as Receivables & Inventory.
• Manage all accounting operations including A/R, A/P, GL, Cost Accounting, Inventory Accounting and Revenue Recognition.
• Creation of Chart of Accounts, System Dimensions etc. in Microsoft Dynamics.
• Ensuring accurate and timely processing of payroll.
• Monitored of Debtors & Creditors Ledgers Reconciliation & Bank Reconciliation.
• Recording & reporting the investment activities. Provide support and training to subordinate staff as required.
• Responsible for day to day finance and accounts operations.
• Work consultatively with the respective departments on cost reduction initiatives.
YIACO Medical Company K.S.C.P
Senior Accountant (May 1998 to March 2014)
• Support to perform the activities in accounting, Receivables, Payables and Inventory.
• Preparing the Aging reports, Process & Preparing the Foreign & Local payments and submitting to Finance Manager.
• Analyze financial information and summarize financial status.
• Ensure timely follow up of collections & payables on time.
• Ensure adequate controls & process are in place in accuracy & timeliness of information.
• Ability to meet the reporting & closing on time. Assist on reporting, process & controls.
• Providing necessary information to the external, internal & principal auditors on time.
• Preparing the provisions reports for Receivables & Inventory.
• Analyze and maintain the general ledger.
• Reconciliations of cash, banks, prepaid, accrued, payables & others.
• Prepare monthly journal entries and adjustments, including supporting documentation and appropriate descriptions;
• Prepare monthly cost allocations, financial statements reconciliations;
• Reconciliation of inter - company entries and other control accounts.
• Perform general accounts analysis and reconciliations, including bank statements, fixed assets, employee accruals, other accruals and prepaid expenses.
• Coordinate with banks and other internal and external customers.
• Assist in Closing financial statements on a monthly basis.
• Assist in the preparation of financial reports such as financial statements and schedules forming part of month closure and year end audit requirement.
• Assist with compliance reporting for Internal, Statutory auditors and local agencies.
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