Senior
DELOITTE AND TOUCHE M.E
Total years of experience :8 years, 6 Months
Supervising teams and delivery centers for large-scale accounts
Development of automated checklist for quality assurance
Reviewing statutory financial statements prepared in accordance with various local reporting standards
Proactive involvement in recruitment of team members by conducting technical interviews
Dashboard reporting to management (showcasing reporting deadlines and analysis of quality of service)
Responsible for reviewing accounting reports for clients (based on applicable reporting standards (IFRS)
Review accounting controls to ensure compliance with regulatory and statutory requirements
Pioneer new client onboarding checklist
Understanding of VAT, Corporate Tax, Withholding Tax, domestic laws and other locally required filings
Provide training sessions (ERP system, IFRS, process compliance, handling clients, soft-skills, etc.)
Handle team effectively by ensuring proper reviews and guidance are provided when needed.
Showcase accounting expertise by handling completion of questionnaires related to regulatory laws (tax and
accounting) for various GCC and African countries: UAE, KSA, Egypt, Lebanon, Bahrain, Kuwait, Iraq,
Qatar, Ghana and Kenya, etc.
Dealing with internal and external stakeholders simultaneously
Spearheading process improvement and automation activities to help boost the team’s efficiency
Building workflows and suggesting innovative ideas to develop and streamline processes
Managing clients and maintaining a good relationship by ensuring deliverables are accurate and sent on time
Prepared business development case (anaylsis of quality of clients: profitability and cost saving measures)
Manage Accounts Receivable status for a large scale of clients and reducing AR to a reasonable level
Involved in a secondment project for a large multinational private equity company
Hands-on supervision of team members and managing client delivery from start to finish of the engagement
Preparation of various IFRS assessments (e.g. IFRS 9 - ECL calculation, IFRS 16 - Leases)
Profitability analysis (identifying major revenue generating clients, time spent versus fees charged
Mitigate risk by highlighting issues in a timely manner and provide solutions and suggestions
Scope of Work/Milestones:
Responsible for transition of GL accounting functions to a Global Shared Service center
Managing AR and working on various effective and innovative methods to follow up with customers
Conducting credit checks on new customers, resolving problems in relation to invoice payments
Reporting to management on outstanding issues, whilst highlighting potential debtor problems
Creating procedures and policies which ensure timely payments while maintaining a high level of customer
retention
Reconciling complex accounts that have been escalated from the AR team
Monitoring AR collections in order to identify if there is any need for additional provisions
Analysis of margin report (revenue, cost, margin, breakdown per product/ salesperson, country) by providing
accurate and useful business information required by management
Analysis of royalty report for each product with related royalties (Carboline, Flowcrete and Tremco)
In-depth analysis of sales report by recommending how to maximize revenue growth potential.
Spearheaded Tableau training and implementation for effective and efficient reporting
Use of Hyperion Financial Management tool for reporting purposes
Provide financial reporting and accounting services
In charge of technological advancement projects: Nintex workflow implementation; Microsoft Navision
(Business Digital Hub)
Manage and handle the complete accounting and reporting functions independently
Handle a portfolio of diverse clients in various sectors: Aviation, Civil Defense, Manufacturing, Retail,
Information Technology
Ensure that accounting practices comply with IFRS
Processing of journal entries; perform the period-end closing and reporting; reconciliation of AR, AP, and
bank entries
Booking of all Intercompany transactions centrally (both AP and AR sides)
Perform all intercompany and vendor payments
Developed payment schedules and templates for efficient, accurate and timely processing
Balance sheet and intercompany analysis and reconciliation
Responsible for performing a review of monthly transactions
Preparation of separate and consolidated management reports; passing elimination entries for consolidation
Year-end financial statements preparation including notes in compliance with IFRS
Involved in providing support (coordination with auditors) for clients during the audit.
Budgeting and forecasting support provided (cash forecast, budget reports, etc.) when required
Provide value-added suggestions upon analysis of management reports (sales, budget trends, etc.)
Preparation of PRD (Processes, Responsibilities, Deadlines) control file for clients
Improvement and customization of existing comprehensive financial reporting package based on client’s needs
Developed templates for all required monthly journal entries thereby reducing closing time for various clients
Prepare asset, liability, capital account entries, and financial reports (analyzing account information)
Ensure that financial statements are prepared in accordance with the appropriate standard (IFRS/GAAP)
Maintain payroll information by collecting calculating, entering data and coordinating with HR
Regular preparation of bank reconciliation to verify the accuracy of financial transactions
Maintain the financial records of the company to keep up with internal/external auditors
Liaise with internal and external auditors through proper communication
Perform the processing and recording of Accounts Payable transactions
Ensure that all invoices and reimbursements are paid accurately and in compliance with the finance policies
Meet accounting operational standards by contributing financial information to strategic plans
Implementing production, productivity, quality, and customer-service standards; resolving problems
Manage relationships with suppliers to ensure timely delivery and compliance in terms of contracts
Contract negotiation and hands-on monitoring of the quality of service/ goods provided
Evaluate bids and make recommendations, based on commercial and technical factors.
In charge of Accounts Payable - dealing with payments to suppliers (local and foreign)
Pay vendors by monitoring discount opportunities; scheduling and preparing cheques
Resolve purchase order, contract, invoice, or payment discrepancies and documentation
Prepare regular bank reconciliation
Responsible for three way matching (invoices match with purchase orders and receiving report)
Preparation of Letter of Credit (LC) submitted to banks
Charge expenses to accounts and cost centers by analyzing invoice/expense reports
Maintain files and documentation accurately, in accordance with accepted accounting practices
Pay employees by receiving and verifying expense reports and advances by preparing cheques
Verify vendor accounts by reconciling monthly statements and related transactions
Provide assistance to specific engagements with various clients
Develop effective working relationships and communication with seniors and fellow associates
Work closely with associates in vouching and preparing required reports
Understanding client company’s business entity and internal controls to be able to perform overall duties
Assist in compilation of audit working papers and documentation
Use AS2 (Audit System 2) and other MS Office application in accomplishing audit work
Honorable Mention