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Anwer Atito, Financial Manager

Anwer Atito

Financial Manager·Reaya Takaful

Kuwait

Bachelor's degree, accountant

Work experience

Total years of experience: 19 years, 1 months

Financial Manager

May 2021 - Present

Reaya Takaful

Al Kuwait, Kuwait

May 2021 - Present

• Responsible to prepare the financial statements such as Balance sheet, Income statement and Cash flow.
• Responsible to follow up with external auditors to prepare the financial statements in quarterly and yearly basis.
• Responsible to follow up the company bank accounts to prepare the cash position in daily basis
• Responsible to prepare the budget for the company overall in quarterly and yearly basis.
• Responsible to analysis the variance between the budget and the actual.
• Responsible to provide the top management all required reports.
• Responsible for monthly closing including fixed assets, accrued expenses & prepaid expenses schedule.
• Prepare payroll staff salary, leave & indemnity benefits on monthly basis.
• Review all types of claim files (Motor vehicle accidents, General accidents, fire, Marine and medical and life).
• Review clients claim and arrange for payment vouchers and issue the related payments.
• Prepare bank reconciliations on monthly basis.
• Reconcile the client's statement of account and pass the concerned journal vouchers.
• Reconcile the brokers' statement of account for production and commission account and pass the concerned journal vouchers.
• Review all policies issued by brokers'.
• Prepare the monthly statistics required by ministry of commerce and industry for premiums and claims.

Company industry:
Insurance & TPA
Job role:
Accounting and Auditing

Chef Accountant

May 2019 - April 2021

kdx middle East

Al Farawaniyah, Kuwait

May 2019 - April 2021

• Led the preparation of comprehensive financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements, ensuring accuracy and compliance with accounting standards.
• Collaborated with external auditors to facilitate timely and efficient quarterly and annual financial reporting.
• Monitored company bank accounts daily, providing insights into cash positions and optimizing liquidity management.
• Developed and managed the overall company budget on a quarterly and annual basis, aligning financial goals with strategic objectives.
• Conducted variance analysis between budgeted and actual financial performance, identifying trends and recommending corrective actions to enhance financial outcomes.

Company industry:
Arts & Crafts Supplies
Job role:
Accounting and Auditing

Senior Accountant

August 2017 - April 2019

Aman takaful

Al Kuwait, Kuwait

August 2017 - April 2019

• Led the preparation of comprehensive financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements, ensuring accuracy and compliance with accounting standards.
• Collaborated effectively with external auditors to facilitate timely quarterly and annual financial reporting.
• Monitored company bank accounts daily to maintain an accurate cash position, enhancing liquidity management.
• Developed and managed the company's overall budget on a quarterly and annual basis, aligning financial goals with strategic objectives.
• Conducted detailed variance analysis between budgeted and actual figures, providing insights for informed decision-making.
• Demonstrated strong analytical skills and financial acumen, contributing to improved financial performance and operational efficiency.

Company industry:
Insurance & TPA
Job role:
Accounting and Auditing

Accountant

June 2014 - July 2017

Warba insurance

Al Kuwait, Kuwait

June 2014 - July 2017

• Spearheaded monthly closing processes, ensuring accurate maintenance and updates of fixed assets depreciation, accrued and prepaid expenses schedules, and bank reconciliations.
• Streamlined payroll preparation, effectively managing staff leave and end-of-service benefits on a monthly basis.
• Collaborated in the preparation of comprehensive management reports, both monthly and year-end, enhancing decision-making processes.
• Played a key role in year-end financial preparations, liaising with external auditors to ensure compliance and accuracy.
• Engaged with the Ministry of Industry and Commerce to facilitate timely audits and reporting, reinforcing organizational accountability.

Company industry:
Insurance & TPA
Job role:
Accounting and Auditing

Accountant

November 2012 - May 2014

Ashkinani

Hawali, Kuwait

November 2012 - May 2014

• Led the monthly closing process, ensuring accurate maintenance and updates of fixed assets depreciation, accrued and prepaid expenses schedules, and bank reconciliations.
• Streamlined payroll processing, including staff leave and end-of-service benefits, enhancing efficiency and accuracy in monthly disbursements.
• Collaborated with management to prepare comprehensive monthly and year-end reports, contributing to strategic decision-making.
• Supported the preparation of year-end financial statements and coordinated with external auditors, ensuring compliance and timely reporting.
• Engaged with the Ministry of Industry and Commerce to facilitate regular audits and reporting, reinforcing organizational transparency and accountability.

Company industry:
Business Process Outsourcing (BPO)
Job role:
Accounting and Auditing

Accountant

August 2011 - August 2012

AGC

Al Ahmadi, Kuwait

August 2011 - August 2012

• Spearheaded monthly closing processes, ensuring accurate maintenance and updates of fixed assets depreciation, accrued and prepaid expenses schedules, and bank reconciliations.
• Streamlined payroll preparation, managing staff leave and end-of-service benefits efficiently on a monthly basis.
• Collaborated in the preparation of management monthly and year-end reports, enhancing financial visibility and decision-making.
• Engaged with external auditors and the Ministry of Industry and Commerce to ensure compliance and timely submission of regular reports, fostering strong professional relationships.
• Developed a keen understanding of financial reporting and compliance, positioning myself for a transition to a Finance Manager role.

Company industry:
Primary, Prep, & Secondary School
Job role:
Accounting and Auditing

Accountant

January 2007 - May 2011

Mansy Engineering Corporation

Cairo, Egypt

January 2007 - May 2011

• Led the preparation of comprehensive financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements, ensuring accuracy and compliance with accounting standards.
• Collaborated effectively with external auditors to facilitate timely quarterly and annual financial reporting.
• Monitored and managed company bank accounts daily to maintain an accurate cash position and optimize liquidity.
• Developed and implemented the company-wide budget on a quarterly and annual basis, aligning financial goals with strategic objectives.
• Conducted in-depth variance analysis between budgeted and actual figures, providing actionable insights to drive financial performance.
• Enhanced financial reporting processes, contributing to improved decision-making and strategic planning within the organization.

Company industry:
Civil Engineering
Job role:
Accounting and Auditing

Education

Faculty of Commerce Ain Shams Universty

July 2004

July 2004

Bachelor's degree, accountant

Egypt

GPA (rating): Satisfactory

GPA (rating): Satisfactory

جامعة عين شمس

July 2004

July 2004

Bachelor's degree, محاسبة

Egypt

Skills

Finance
Expert
Finance
Expert
Auditing
Expert
Auditing
Expert
Budgeting
Expert
Budgeting
Expert
Computer
Expert
Computer
Expert
Microsoft office
Expert
Microsoft office
Expert
Accounting
Expert
Accounting
Expert
Financial Accounting
Expert
Financial Accounting
Expert
Microsoft Excel
Expert
Microsoft Excel
Expert
Management
Expert
Management
Expert
Financial Reporting
Expert
Financial Reporting
Expert
Financial Analysis
Intermediate
Financial Analysis
Intermediate
Financial Planning
Intermediate
Financial Planning
Intermediate

Languages

English
Intermediate

Training and Certifications

Certifications
FMVA
AI