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Ammar Zakarya Al Ashqar, Chief Accountant

Ammar Zakarya Al Ashqar

Chief Accountant·Madinat Dawa Co

Saudi Arabia

Bachelor's degree, Accounting & Financial Banking Sciences

Work experience

Total years of experience: 22 years, 1 months

Chief Accountant

May 2015 - Present

Madinat Dawa Co

Jeddah, Saudi Arabia

May 2015 - Present

Oversee the operation of all accounting functions including Accounts Payable, Accounts Receivable, Treasury, Fixed Assets, Payroll, Month end accruals and provisions.
Reviews, investigates, and corrects errors and inconsistencies in financial entries, Documents, and reports.
Prepares monthly financial statements, coordinate monthly closing process and prepare monthly comparison reports and cost center reports to summarize and interpret current and Projected company financial position.
Applies cost accounting methods to achieve accurate representation of cost center Performance.
Responsible for holding manufacturing plant management accountable for accuracy and Timeliness of inventory controls and cost controls.
Responsible for year-end closing and the preparation of the monthly financial statements.
Company industry:
Pharmaceutical Manufacturing
Job role:
Accounting and Auditing

CHIEF ACCOUNTANT

January 2015 - Present

Madinat Al Dawaa Co.

Jeddah, Saudi Arabia

January 2015 - Present

• Reviews, investigates, and corrects errors and inconsistencies in financial entries,
Documents and reports.
• Prepares monthly financial statements, coordinates monthly closing process
and prepare.
• Monthly comparison reports and cost center reports to summarize and interpret
current and projected company financial position.
• Responsible for year-end closing and the preparation of the monthly financial
statements.
• Pricing the Assets items.
• Retire the old items, loading new Asset data on the productions environment.
• Assist and supervision the treasury team in issuing LCs, LGs & loans.
Company industry:
Pharmaceutical Manufacturing
Job role:
Accounting and Auditing

CHIEFACCOUNTANT

January 2015 - Present

Madinat Al Dawaa Co.

Jeddah, Saudi Arabia

January 2015 - Present

• Reviews, investigates, and corrects errors and inconsistencies in financial entries,
Documents and reports.
Company industry:
Pharmaceutical Manufacturing
Job role:
Accounting and Auditing

محاسب

January 2007 - January 2017

الكترو للصناعات

Jeddah, Saudi Arabia

January 2007 - January 2017

Company industry:
Manufacturing

TREASURY OFFICER

July 2007 - December 2015

Electro Industries Co.

Jeddah, Saudi Arabia

July 2007 - December 2015

• Opening of LCs and issuance of guarantees (bid bond, performance guarantees
etc.)
Company industry:
Heavy Industry & Metallurgy
Job role:
Accounting and Auditing

Senior Accounting & Finance Officer

January 2008 - May 2015

Electro Industries Co

Jeddah, Saudi Arabia

I found this job using Bayt.com

January 2008 - May 2015

Opening of LCs and issuance of Guarantees
Bank reconciliations Managing entries in accounting software for all LCs/guarantees Making reports for management use Managing banking relationships and coordinating with banks to manage operations
Preparing files for banks for financing projects Reports on Contracts on Hand and their status Reporting requirements for banks
Following up collections Preparing monthly ageing report Controlling the advance payments balances. Providing the management with the necessary reports.
Daily transactions(journal voucher-receipt

Senior Accounting-2007-2012
Preparing and controlling checks. & Controlling the advance payments balances. Analyzing the suppliers accounts, reconciling
Recorded journal entries and accrued for costs in accordance with GAAP
Prepared account reconciliations and budget comparisons
Coordinating the local payables section activities with the procurement department. Providing the management with the necessary suppliers reports.
Establishing and maintaining adequate follow up
Handling Discounting & factoring with banks through preparing invoices to be
presented to banks, following up collections Controlling Daily Receivables entries.
Company industry:
Industrial Production
Job role:
Accounting and Auditing

Junior Accountant

June 2004 - November 2007

Al Asasyah Basic Electronics Co

Jeddah, Saudi Arabia

June 2004 - November 2007

Bank reconciliation for several banks and currencies.
Controlling Checks under collection.
Fixed Assets accounting Prepare the monthly reports for collections and maturities Helping in the Preparation of the financial statement(Balance Sheet, Trial Balance, P&L) Providing the management with the necessary reports.
Daily transactions(journal voucher-receipt voucher-payment voucher-Housing allowance- Calculation of annual
vacation-Calculation of end of services Clearance
Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

JUNIOR ACCOUNTANT

January 2005 - June 2007

Al Asasyah Basic Electronics Co. SANYO

Jeddah, Saudi Arabia

January 2005 - June 2007

• Bank reconciliation for several banks and currencies.
• Controlling Checks under collection.
• Fixed Assets accounting
• Prepare the monthly reports for collections and maturities.
• Helping in the Preparation of the financial statement (Balance Sheet, Trial
Balance, P&L)
• Providing the management with the necessary reports.
• Daily transactions (journal voucher - receipt voucher -payment voucher -
Housing
• allowance - Calculation of annual vacation - Calculation of end of services
Clearance.
• Control the Account Receivables Portfolio.
Company industry:
Consumer Electronics
Job role:
Accounting and Auditing

JUNIORACCOUNTANT

January 2005 - June 2007

Al Asasyah Basic Electronics Co. SANYO

Jeddah, Saudi Arabia

January 2005 - June 2007

• Controlling Checks under collection.
• Fixed Assets accounting
• Prepare the monthly reports for collections and maturities.
• Helping in the Preparation of the financial statement (Balance Sheet, Trial
Balance, P&L)
• Providing the management with the necessary reports.
• Daily transactions (journal voucher - receipt voucher -payment voucher - Housing
• allowance - Calculation of annual vacation - Calculation of end of services
Clearance.
• Control the Account Receivables Portfolio.
Company industry:
Consumer Electronics
Job role:
Accounting and Auditing

Education

Yarmouk University in Jordan

April 2005

April 2005

Bachelor's degree, Accounting & Financial Banking Sciences

Jordan

GPA (percentage): 70%

GPA (percentage): 70%

UNIVERSITY OF YARMOUK

January 2004

January 2004

Bachelor's degree, financial Banking Sciences

Jordan

UNIVERSITY OF YARMOUK

January 2004

January 2004

Bachelor's degree, accounting

Jordan

Skills

Facility Operations

Expert

Reconciliation

Expert

Cash Flow

Expert

LG

Expert

LC

Expert

العمل الجامعي

Intermediate

LG

Expert

LC

Expert

ERP (Microsoft Great Plains) & ( SAP)

Expert

ACCOUNTING

Intermediate

COMPUTER LAW

Intermediate

FINANCE

Intermediate

FINANCIAL STATEMENTS

Intermediate

INCOME TAX

Intermediate

MANAGEMENT ACCOUNTING

Intermediate

MICROSOFT DYNAMICS ERP

Intermediate

MICROSOFT OFFICE

Intermediate

SAP APPLICATIONS

Intermediate

TREASURY SERVICES

Intermediate

Facility Operations

Expert

Reconciliation

Expert

Cash Flow

Expert

ACCOUNTING

Intermediate

ECONOMICS

Intermediate

FINANCE

Intermediate

FINANCIAL STATEMENTS

Intermediate

INVESTMENTS

Intermediate

LEADERSHIP

Intermediate

LEDGERS ACCOUNTING

Intermediate

LOANS

Intermediate

PRICING STRATEGIES

Intermediate

TEXT PROCESSING

Intermediate

Languages

English

Expert

Training and Certifications

Certifications
Certificate in Accounting Practical Application Academy
Certificate of Achiebement Course The Excel4Us The Power of Excel Advanced
Course of Income Tax and Zakat Law 201
Certificate of Achievement Course of Certified Management Accountant
Specialized Certificate in Accounting Practical Application
Certificate of Achiebement Course The Excel4Us The Power of Excel Advanced
Training
Course of Certified Management Accountant - Part 1
Managerial & Financial Training Center
Sep 2016
Course Value Added Tax - Workshop
Managerial & Financial Training Center
Course of Income Tax and Zakat 2011
Deloitte
Specialized Certificate from Accounting Practical Application
Academy of EDU. Science & Technology
Jan 2005

Hobbies and interests

السياحه والسفر