Arif Mohammad, Senior accounting manager

Arif Mohammad

Senior accounting manager

Ajlan & bros Holding Group

Location
Saudi Arabia - Jeddah
Education
Master's degree, Finanace
Experience
16 years, 8 Months

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Work Experience

Total years of experience :16 years, 8 Months

Senior accounting manager at Ajlan & bros Holding Group
  • Saudi Arabia - Riyadh
  • My current job since October 2023

Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
 Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
 Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
 Summarizes financial status by collecting information, preparing balance sheet, profit and loss, and other statements.
 Produces payroll by initiating computer processing; printing checks, verifying finished product. Completes external audit by
analyzing and scheduling general ledger accounts; providing information for auditors.
 Avoids legal challenges by complying with legal requirements.
 Secures financial information by completing database backups.
 Protects organization's value by keeping information confidential.
 Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal
networks; participating in professional organizations.
 Compare and evaluate offers from suppliers
 Negotiate contract terms of agreement and pricing
 Track orders and ensure timely delivery
 Review quality of purchased products
 Enter order details (e.g. vendors, quantities, prices) into internal databases
 Maintain updated records of purchased products, delivery information and invoices
 Prepare reports on purchases, including cost analyses
 Monitor stock levels and place orders as needed
 Coordinate with warehouse staff to ensure proper storage
 Managing daily cash balances and trading in the financial markets;
 Ensuring that a company's cash flow is adequate to allow it to operate effectively;
 Forecasting cash payments and anticipating challenges arising from limited cash flow;
 Undertaking risk management activities to protect a company's financial well-being;
 Analyzing the impact of financial markets on the performance of products or services;
 Making decisions on company finances, for example, the funding of company operations;
 Progressing specific financial projects, such as acquisition of another business;
 Evaluating the financial impact of new business ventures;
 Negotiating loan or overdraft terms with company bankers;
 Creating solutions to new financial challenges by applying financial or treasury knowledge;
 Liaising with other departments, such as tax and accountancy, on a range of issues;
 Providing advice on financial matters impacting on the company as a whole;
 Taking responsibility for, and supervising the work of, more junior members of staff;
 Liaising with bankers and investors and maintaining positive working relationships;

Job Description
Sales Manager
Page 2 of 2

 Keeping up to date with financial and industry developments;
 Gather information on hours worked for each employee
 Calculate the correct amount incorporating overtime, deductions, bonuses etc. with assistance of a computer system
 Receive approval from upper management for payments when needed
 Prepare and execute pay orders through an electronic system or distribute paychecks
 Administer statements of payment to personnel either electronically or on paper
 Process taxes and payment of employee benefits
 Keep track of hour rates, wages, compensation benefit rates, new hire information etc.
 Address issues and questions regarding payroll from employees and superiors
 knowledge in payroll, benefits and related tax compliance and general HR administration support.
 Prepare reports for upper management, finance department etc.

Senior Accounting at Ajlan & bros Holding Group
  • Saudi Arabia - Riyadh
  • My current job since October 2023

Working as Acting Financial controller for Ajlan Group of companies

Chief Accountant at ZMR Trading Est
  • Saudi Arabia - Jeddah
  • November 2017 to October 2023

Job Title: Chief Accountant
ZMR Roles & Responsibilities


Managing finance department
Arranging loans and L/C, Preparing Periodical Budgets, Project Allocation and Cost Control
G&A Overheads Control, Fixed Assets & Monthly Depreciations, Payroll Process & WPS file upload to Bank
Employees Personal Accounts Job Costing Analysis Responsible Preparing financial reports for monthly / quarterly / annual closure schedules; providing monthly financial statements; Cooperation with external auditors to carry out annual external auditing
Vat Treatments As per GAZT, reviewing on daily basis & Filing to GAZT on monthly basis


1. Trial Balance (Account Reconciliation) monthly.
2. Fixed Assets & Monthly Depreciations.
3. Weekly & Monthly Bank reconciliation.
4. Monthly Provision Transaction Recording.
5. Recording Bill of Entries for importing goods at customs on a daily basis
6. Purchase Order Convert to Bill on daily basis.
7. Following accounts receivables weekly.
8. Preparing Payroll & recording on monthly basis (with necessary deduction of employee’s loan & addition of employee’s expenses).
9. Preparing financial reports for monthly / quarterly / annual closure schedules; providing monthly financial statements; Cooperation with external auditors to carry out annual external auditing.
10. Administered the monthly closing process.
11. Supervision the day-to-day operation of the accounting
12. Maintaining general ledger accounts by creating journal entries
13. Managed supplier payments and reconciled the outstanding payments with invoices
14. Vat Treatments As per GAZT, reviewing on daily basis & Filing to GAZT Quarterly
15. Making Vat adjustments for client manual invoices as per GAZT LAW
Input Vat & Out Vat reconciliation monthly.
16. Maintaining a computerized and manual accounting function, ensured the Journal vouchers.
17. LC (Import foreign LC & Export LC)
18. Working on Credit facility with Bank & follow up
19. Payments made follow-up with vendors, negotiating on payment terms
20. Other financial management duties assigned by the Finance controller Managing Director.
21. Vendors & Customers Accounts reconciliation.
22. Review monthly petty cash expenses.
23. Coordinate with other departments for any financial matters required

Chief Accountant at Tamkeen CSR
  • Saudi Arabia - Jeddah
  • April 2016 to November 2017

Steering the overall accounting operations and audit for the organization including collections, purchase, contract compliance, receivables, deposits, disbursements, payroll, fixed assets and inventory
Planning & executing monthly / quarterly / annual closure schedules; providing monthly financial statements;
administered the monthly closing process
Maintaining general ledger accounts by creating journal entries; reconciling bank accounts, preparing monthly accruals, salary statements & entries and analyzing & reconciling account ledgers
Processing the daily invoicing for accounts receivable and monthly statements as well as updating customer
payments; reconciling the financial discrepancies by collecting and analysing account information
Preparing financial reports, charts, tables, journal voucher lists, comparative statements, and MIS reports as requested as well as day-to-day general ledger accounting and reconciliation, financial reporting & analysis, variance analysis for assigned functional areas
Administering the preparation of monthly profit & loss statements, balance sheet statements, cash flow statements, trial balances, Audit Reports and other financial statements in accordance with GAAP regulations
Ensuring reclassification and accounting of wrong or unaccounted entries prior to closure of the General Ledger
Presenting weekly and monthly management reports on cost and benefit analysis, productivity analysis, inventory turnover analysis and cost variance analysis; preparing banking reconciliation reports on a monthly basis and resolving discrepancies
Controlling & maintaining fixed assets; streamlining reports and entries, filing returns for fixed assets, undertaking physical verification of assets and ensuring that all assets are insured at the correct value
Monitoring the payroll check and monthly wage process and validating additions and deductions for each employee;
transferring the funds to all employee bank accounts in accordance with the payroll deadlines

Senior / Chief Accountant at Orascom saudi co
  • Saudi Arabia - Jeddah
  • March 2012 to April 2016

 Prepare Project & Actual Cash Flow Statements
 Reviewing all project petty cash statement.
 Prepare payroll for large number of employee with necessary deductions and increments.
 Handling supplier payments Reconcile outstanding payments with invoices
 Create project ACCOUNTS in the accounting system
 Maintain project-related records, including contracts and change orders
 Authorize access to project accounts
 Authorize the transfer of expenses into and out of project-related accounts
 Review and approve SUPPLIER invoices related to a project
 Review and approve time sheets for work related to a project
 Review and approve overhead charges to be applied to a project
 Review account totals related to project assets and expenses
 Investigate project variances and submit variance reports to management
 Confer with receivables staff regarding unpaid contract billings
 Report on project profitability to management
 Report to management regarding the remaining funding available for projects
 Close out project ACCOUNTS upon project completion
 Compile information for internal and external auditors, as required
Senior Accountant (Finance Dep)
 Preparing a trail balance statements
 Preparation of cash position of company on daily basis
 Preparation all payments & receivables
 Prepare Projected & Actual Cash Flow Statements
 Reviewing all project petty cash statement
 Preparing fixed assets sheet & depreciation for all projects
 Preparing supplier retention & sub-contractor retention.
 Bank reconciliation
 Preparing PO LOGS for All suppliers.

Accountant at saudi lebanese factory
  • Saudi Arabia - Jeddah
  • February 2011 to February 2012

 Prepare the commercial invoices
 Handling all deliveries
 Preparing the Delivery Notes
 Preparing the proforma invoices
 Handling Warranties Claims
 Maintaining a computerized and manual accounting
 Preparation of BRS statements
 Preparation of Journal vouchers
 Preparing all ledger Accounts
 Preparing a trail balance statements
 Journalizing all business transactions in to accounting software’s
 Preparation of profit and loss account, balance sheet
 Preparing a final statement and adjustments
 Direct contact with banks and clients
 Bills Receivable and Payable and also preparation of Debit Notes.
 Preparation of vouchers and handling of petty cash book.
 General Reconciliation Services.
 Preparation of Monthly Sales Tax Return and other statutory returns.
 Preparation of monthly Stock Statement

accountant at NItih Info
  • India - Hyderabad
  • July 2007 to November 2010

Accountant & Auditor. During my practice I had performed various auditing & accounting procedures:
 Assisted with payroll, tax, and account processing.
 Examined journal vouchers, general ledger reconciliations, P&L variance analysis, inter-company accounts and aging.
 Developing a risk based audit approach and departmental-wide budget control system.
 Prepare the commercial invoices
 Handling all deliveries, Preparing the Delivery Notes
 Preparing the proforma invoices, Handling Warranties Claims
 Maintaining a computerized and manual accounting, Journal vouchers & Preparing all ledger Accounts
 Preparation of BRS statements
 Journalizing all business transactions in to accounting software’s
 Bills Receivable and Payable and also preparation of Debit Notes.
 Preparation of vouchers and handling of petty cash book.
 Preparation of Monthly Sales Tax Return and other statutory returns.
 Preparation of monthly Stock Statement.

Education

Master's degree, Finanace
  • at MBA
  • May 2008

Master of business Administration in finance

Bachelor's degree, Financial Accounting
  • at kakatiya university
  • April 2005

Bcom

Specialties & Skills

Tally ERP
Microsoft Excel
Peachtree
MS Office tools
Oracle Financials
Ms Office, oracle finance, sap fico
SAP Fico
Financial Operations Accounting Operations Financial Planning / Control Account Reconciliations St
team building & leader ship
strategy planning
compliance management
reporting & documantation
quick books
general ledger accounting
cost accounting
financial accounting
senior accountant
accounting payble
accounting receivable
ms office
self motivated strong inter-personal skills
bilingual (Arabic & English)
accounting software packages
audit &zakat
planning, budget
bilingual (Arabic & English)

Languages

English
Expert
Arabic
Expert
Hindi
Native Speaker
Telugu
Native Speaker
Urdu
Native Speaker

Training and Certifications

Version IT (Certificate)
Date Attended:
April 2009

Hobbies

  • playing cricket