Acting Finance manager at FedEx & TNT Express -Jordan
Synergy Express (Licenses of FedEx &TNT)
مجموع سنوات الخبرة :13 years, 5 أشهر
-Managed the finance team to Implemented the new accounting system for the company (SAP Business One).
- Prepared and issued (2017, 2018 & 2019) financial statements for the company.
- Prepared the VAT (2017 & 2018) reports for the company and negotiated it with the tax regulation department.
- Directly managing for the finance team members for the company to record all daily transactions and give the approvals to post this transaction to GL.
-Set up and improved accounting systems and processes to meet business needs and maximize the effectiveness of operations.
-Managing and implementing the monthly closing plan for the company to prepare the closing monthly reports for the company and issuing monthly financial statements (P&L, Balance sheet, Cash flow) in order to submit it for GM & head office.
-Analyzing financial audit information and made recommendations to improve efficiencies.
- Issuing the budgeting report for the company on a monthly basis and making controls on it.
- Issuing the cost analyses reports for the company operation activities and compare it with the budget and making explanations for the variances between the actual and the budget in order to submit it for GM & head office.
- Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
- Prepare VAT report for the company on a monthly basis in order to be submitted for the tax regulation department.
-Prepare and manage daily and monthly cash flow and making sure that it's matching with the budgeted, and working to implement it with the GM.
-Dealing with the vendors and customers and solving any financial problems with them.
- Issuing and releasing the payments and cheques for the beneficiaries and scheduling the settlements with them.
-Oversaw a team of 6 accounting staff.
- Motivate the team and giving them the trust to do all their tasks without any problems.
-Employing the new members, and making a job rotation, and the needed training for the team to make sure that all members had the knowledge about all tasks in the department.
Managed the finance team to Implemented the new accounting system for the company through (SAP Business One ). Prepare and issued ( 2017 & 2018) financial statements for the company. Prepare ( 2017 & 2018) VAT reports for the company. Directly Managed six finance team member for the company to record all daily transaction and give the approval to post this transaction to GL . Managed and implemented monthly closing plan for the company . Prepare closing monthly reports for the company and issuing monthly financial statement (P&L, Balance sheet, Cash flow). Issuing the cost analyses reports for the company operation process and compare with the budgeted and making explanations for the variances between the actual and the budgets . Prepare VAT report for the company in monthly bases . Prepare and managed monthly cash flow and making sure that matching with budget. Motivate the team and giving them the trust to do all their tasks without any problems. Make a job rotation for the team to making sure that all members having the knowledge about all tasks in the department.
-Managing and handling daily reconciliation and entries and making sure that all entries are correct and posted to GL on time.
-Preparing bank and cash position on a daily basis which helps in decision making.
-Preparing bank reconciliation and making sure all reconciliation entries were made on a monthly basis.
-Managing the company lease contracts and making sure that all related entries were correct and posted to GL on time.
-Managing and controlling the prepaid contracts and making sure that all prepaid entries were made on time.
-Managing the company insurance and making sure that all related entries were correct and posted to GL on time.
-Preparing closing month reports (cost reports, aging reports, inventory reports).
-Making sure that the bank PDC (post-dated cheques ) matched with books.
-Managing the Account Receivable and Accounts Payable aging and issuing the percentage of compliance reports.
-Sharing in consulting work especially in the projects that need Financial Analysis and making the FMV and the payback period reports.
- Preparing external audit schedules as requested by Management.
- Prepare a VAT report for the company on a monthly basis in order to be submitted for the tax regulation department.
- Write footnotes for various filing projects and annual reports.
-Supported monthly general ledger closing activities, including preparing journal entries and reconciliations.
-Oversaw one member of the accounting staff.
-Updated general ledger with the latest entries.
-Implemented the accounting system for the company from the startup of the company (Al Amein for Accounting and Inventory System).
- Implemented the Cost Accounting System for the Company and made manufacturing cost formulas BOM.
-Managing and maintain the Company accounting system, to ensure the accuracy and reliability of the data that necessary for business operations.
- Managing and handling daily reconciliation entries and making sure that all entries are correct and posted to GL on time.
-Ensuring that Company operations are complying with local, sales, and income tax codes and regulations.
-Set up and improving accounting systems and processes to meet business needs and maximize the effectiveness of operations.
-Preparing payroll and employee payments.
- Preparing external audit schedules as requested by Management.
-Preparing the Consolidated Company Financial St and the Financial St for each branch.
- Coordinating the annual budget process and the required periodic revisions and preparing monthly financial, accounting and management reports.
- Sharing with the consulting work especially in the projects that need Financial Analysis.
-Managing and monitoring all HR and administration tasks, and represent the company in social security and the labor union.
-Represent the company in the Tax regulation department, the investment department, and the customs department.
-Working with the customs department to close the import and export customs declarations.
-Managed and controlling all customs declarations. -Oversaw a team of 3 accounting staff.
-Directly reporting to GM & partners.
-Sharing with the implementation of the accounting system before the actual implementation.
-Initiate a proposal for a chart of account and accounting workflow in order to implement the new accounting system for the company.
- Preparing the inventory list according to the sales and purchasing transaction for both raw materials and finished goods.
-Managed daily collections and bank deposits.
-Preparing the bank's reconciliation and AR, AP reconciliations.
-Managing day-to-day accounting transactions, and ensuring that all entries posted correctly to the accounting system.
- Handled the invoicing process and ensured that all sales invoices were issued correctly and on the time.
-Making payroll and employee payments.
-Managed day to day accounting transactions, and ensured that all entries posted correctly to the accounting system.
-Handled the invoicing process and ensured that all sales invoices were issued correctly and on the time.
-Managed the collection process and issued the account receivable aging reports.
-Handled and controlled the company Petty Cash.
- Sharing in the process of preparing the Company Financial Statements, and communicated it with external Auditor.
-Preparing the bank's reconciliation and AR, AP reconciliations.
-Working on the Computerized Accounting System for the Company.
- Managing daily accounting transactions.
-Issuing sales invoices.
-Account Receivable and Accounts Payable aging