Financial Reporting , ZAKAT & TAX Officer , Assistant Finance Manager
Al Modayfer Investment Group
Total years of experience :14 years, 0 Months
Financial Reporting, ZAKAT & TAX Officer : - From Aug 2017 until Now,
Al Mudayfer Investment Group , 16 companies & 6 investments in others company.
Additional work
Chief accountant, Omraniah logistic support co, Al Mudayfer Investment Group,
Description:
Issuing quarterly internal financial statement.
Pensionable for annual financial statement file with external auditor.
Registration for Tax Purposes.
Tax Return Control
Responsible for Al Mudayfer Investment Group TAX Control Framework.
Preparation and submission of all the direct and indirect tax returns ( Zakat/ VAT/ WHT) with coordination with external consultant.
Organize and update the company tax database and share financial data with the accounting department to reflect all transactions
Lead the direct and indirect tax compliance process
Handle GAZT inquiries and assessment process and advise on exposures/reduction measures and close the assessment processes in time
Handle direct & Indirect tax litigation, appear before authorities & Independently deal with consultants
Keeping up to date with changes in all tax related compliance requirements and sharing knowledge and updates
Study and analyses Value Added Tax - Implementing Regulations.
Responsible for Saudi grinding polishing factory accounting team.
Responsible for approved all journals in Saudi grinding polishing factory
Responsible for Saudi grinding polishing factory monthly statements
Maintain problem solving skills.
1-** General business accounting**
• Management accounts, the rest of the branches.
• Management of project accounts.
• Management accounts shareholders.
• bank facilities
• LC
• LG
• Loans Accounts monitoring and reconciliation (Payments and
interests).
• Management accounts subcontractors.
• Recording journal entries manually under Attachments.
• Registration restrictions on the daily program of Delta.
• The company is work on Oracle E-Business
• Preparation of trial balances in team.
• Review purchase orders and invoices received from the Department • procurement and its conformity with the
• actual inventory in stock.
• Prepare journal entries for purchases of futures set for stores.
• I set up representations of the capital increase to shareholders and • how to resolve the statutory reserve and then
• Mahtgerh of the profits that if not complete complement of personal accounts to shareholders
2-** Business accounting by Oracle**
Super User on Oracle E - Business Suite Financial R12 Ap Module
• Receive and verify invoices and acquisition for goods and services, invoices include (local and international suppliers), examples, insurance, products, service providers and others.
• Verify that transactions comply with financial policies and procedures and contract terms.
• Prepare batches for invoices for data entry and enter invoices for payment (RGRs and match invoices) verify the accuracy of distribution.
• Monitor accounts payable and ensure payments are up to date, process payment transfer request or check payment request.
• Data entry for all payments done to the vendors (checks and transfers)
• Resolve invoice discrepancies, reconcile vendor’s balances at least each month end.
• Correspond with vendors and respond to inquiries, acts as a liaison between related departments and vendors.
• Produce monthly reports and assist in budgeting and forecasting.
• Ensure full accruals during month end and year end closing.
• Always monitor and match the balances between the purchases module and the GL posting accounts. Also match between the inventory module and the GL inventory posting accounts.
• Maintain accounts payable files.
• Handling Expenses
• Internal Controller
• Designing Work Around Cycles To Close any Fraud in the Business Cycle
• Controlling the safe Daily Transactions
• Controlling the Petty cash on daily basis.
• AP Module Monthly Closing
• Cash Requirement reporting
• Cash forecast
• Control bank accounts, deposits and interest
• Monthly cash flow
• Control all payments (internal, external)
• Follow-up aging to make payment in the time.
• Make a payment (Checks and Transfers).
••• Responsible for accounting and maintaining the fixed asset system including additions and disposals; maintaining asset and depreciation reports and reconciliations.
GL
• Ensure up to date posting of office expenses and other GL transactions.
• Prepare batches for expense for data entry and verify the accuracy of distribution.
• Prepare monthly journal entries, accruals and GL account reconciliations including banks, prepaid and accrued expenses, etc.
• Maintain the proper recording of fixed assets transactions, and ensure appropriate expenses are capitalized in accordance with the company policy.
• Assist in preparation of intercompany transactions and consolidation entries.
• Respond to inquiries, acts as a liaison between related departments.
• Produce monthly reports and assist in budgeting and forecasting.
• Maintain proper filing for GL entries.
• Assist in month end and year end closing.
• Perform duties with attention to details and accuracy. Maintain problem solving skills.
• Cooperate with auditors of the company.
Other
• Review the accuracy of entries of affiliate companies.
• Follow up the due accounts receivable and other debit accounts, report on collections.
• Assist in stocktaking
1 preparation and prove restrictions accounting operations of the Journal public and general ledger and analytical deportation to notebooks and ledgers assistance as automated accounting system for the company.
2. Audit and matching between bank accounts balances records with statements of accounts of these banks and make the necessary adjustments.
3. Review and audit the captured documents and returns and day-to-day expenses and processed automatically.
4. Group's issuing checks and review of the banks.
5. Preparation and follow-up and review of the debts and employee incentive and liquidation of dues by the system.
6. Prepare patrol reports on the sale and movement returns, transfers and payments from customers and cash deposits.
7. Participate in the preparation of budget estimates and follow up its implementation.
8. Follow-up collection of receivables the company's customers and extract a statement balances accumulated customers and stalled for payment and submit a report thereon.
9. Do inventory and annual depreciation expense and the value of fixed assets and participate in the preparation of the annual budget.
- Trained in financial management Department, where i open the books of the new year to stock and tools and i
make some adjustments to add the new number in the books and i make adjustments to exchange some number.
- I determine the new price in a average weighted
- Trained customer service department in collection of bills and complaints received from customers.
- Trained in finance and contracts between the company and sub-suppliers.
in the first This evening work --- During the study period
-enter invoices in financial system
-Bookkeeper in the accounting department comapny
-Bookkeeper exports-imports
-Expenses submitted portfolios
Economy Business Management Human resource management The Financial Accounting Management accounting Actual costs Costs standardized
