CHEIF ACCOUNTANT
olayan
Total years of experience :19 years, 4 Months
WORKED AS PAYROLL INCHARGE KINGDON WIDE
INCHARGE FOR THE LOCAL PAYABLES PAYMENTS AND RECONCILIATION.
CLOSSING THE GL TRANSACTIONS AT MONTH END TILL TO RECONCILE .
PAYROLL MONTH END JV'S WITH ALL RELATED RECONCILIATIONS.
MANAGE THE ADMIN STAFF AND TAKE CARE FOR THE FLEET.
COMMISSIONS FOR THE REGIONS.
CUSTOM AND CLEARANCE PAYMENT AND RECONCILIATION.
2010 till date REGIONAL SENIOR ACCOUTANT-OLAYAN, General Trading Co. (JEDDAH)
Supervises local payables, payments, petty cash booking and reconciliation.
Supervise preparation of all payment vouchers and its posting in the GL
Reconciliation of Bank Accounts with GL and resolve the variations.
Handling reconciliation of inter-division accounts.
Spot checking of van salesmen inventories and reporting to the senior management.
Handling salesman commission after checking all outstanding invoices for the month and quarterly commissions.
Some additional responsibilities currently perfomranig.
Account Receivable reconciliation with general ledger for Key account customers
Process Key account payment & reconcile with general ledger.
DR/CR balance adjustment for Key account &net - off.
Preparing report deduction on RTV's / Short paid / Rebates / Wrong Deduction / Visibility contract Credit Notes & if any other issues.
Preparing Key account monthly aging receivable report on monthly basis & highlighted the problem areas.
2007 to 2009 REGIONAL CREDIT CONTROLLER-OLAYAN, GTC (JEDDAH)
Credit control in line with company policy and to recommend new customers for credit after processing required documents.
Preparing monthly customer statements for outstanding receivables, reconciling with company records and issuing sales/collection and outstanding reports.
Visiting customers for reconciliations/trade disputes and resolving queries.
Issuing Cash Receipts to Salesmen and checking & clearance of salesmen accounts at the time of their vacations, termination/resignation etc.
Handling volume discount accruals and agreements and if achieved issues credit notes to customers after receiving approvals from management.
Preparation and issuance of credit notes after receiving marketing authorities.
Follow up for overdue receivables with Salesmen and Product Sales Managers.
Maintaining of customer-wise bounced cheques records.
Preparing receivable aging reports for senior management.
Dealing with Panda-APU kingdom wide collection entering to reconciliation
2006 REGIONAL ACCOUNTANT-OLAYAN, General Trading Co. (JED)
Collection posting in the System
Sales invoice posting daily basis
Return sales approval from chief finance
DR/CR memo (update the receivables)
Replacement for credit controller during his vacation.
Monthly van inventory.
Preparing monthly customer statements for outstanding receivables.
2006 ACCOUNTANT-OLAYAN General Trading Co. (JED)
Order entry and preparation of sales invoices
Collection posting in the system
Daily collection deposit in the bank
Annual warehouse inventory
Handling petty cash
Collection deposit in the bank
Payrolls and other office works
2004 ZAIQA FOODS.JEDDAH (KSA)
Responsible for all matters related to accounts & admin-
Follow-up the Customer Receivables
Customer credit control
Price control and Periodic Promotion control and follow-up.
Monthly van inventory
Team Leader for Annual and Surprise Stock Counts.
Inventory Accounting specific to the Fresh Stock Receiving, Inter Branch Transfers and Bulk Load/Direct Delivery handlings.
Responsible for all personnel and administration works of the branch.
Responsible for all Branch V/s Bank Related matters on daily basis.
Local Vendor Handling for All Purchases and Payable related matters.
B.com (Bachelor of commerce) from University of Karachi
Intermediate from Government Jinnah College Karachi