ACCOUNTING MANAGER
Taiba Hospital
Total years of experience :15 years, 5 Months
- Reviewing JV, daily cash, knet reports prepared by the team. Acting on errors or mishandled
cash or knet transaction on daily basis.
- Preparing monthly financial statements, income statement, balance sheet, cash flow.
- Preparing variance reports against budget, adding comments for further review by Fin.
Director and CFO.
- Preparing monthly flash report containing summary of business income statement for initial
management review and further with deep analysis for shareholder publishing.
- Preparing monthly AP and AR aging report and follow up with customers and suppliers for
delayed payments and to make sure about timely payments done to suppliers.
- Reviewing processed payments for suppliers, payroll, and petty cash payments.
- Implementing independent accounting policies and procedures.
- Reviewing doctors’ incentives, bonuses, and share reports.
- Preparing yearly comparisons on financial reports, in-depth details such as top 5 departments,
bottom low 5 departments, high expense areas, low revenue areas, reasons of abnormal
increase in any expense.
- Comparing reports with previous month, prior year data, and year to date reports. Worked on
various department wise comparison reports as well.
- Worked on fixed assets inventory, tracing and prepared asset allocation data sheet.
- Supervising month-end closing of accounting books and management reporting.
- Reconcile chart of accounts with subsidiary ledger and supporting documentations.
- Preparation of financial reports, planning budgets, reviewing bank reconciliations, analyzing
to minimize financial losses or risks.
- Preparing audit plan, documentations for audit sampling and coordination of year end audit.
- Preparing financial statements and presenting financial reports to owner, discussing points for
improvement, achievements and decision making for future plans.
- Established and maintained financial policies and procedures for the company.
- Implementing Accounting policies according to IFRS.
- Helping in purchasing, achieved huge cost saving of more than KD 200, 000 from various
purchases for the medical and IT divisions.
- Reviewing inventory reports, errors, and trainings for staff to improve skills and reduce errors.
- Reviewing IT and contracting projects contracts and leases as per IFRS 16.
- Preparing separate budgets for medical, and IT divisions.
- Reviewing revenue reports for medical and IT division and preparing variance analysis, ratios
according to data for management review.
- Supervising finance team of 8 staff members and following up with them for their daily tasks,
and assisting them with training.
- Attending meetings with suppliers, negotiating on the planned purchases, and payment terms.
- Attended medical exhibitions for more knowledge, information and latest technology to be
introduced in Kuwait.
- I have intense experience in medical supplies, medical consumables, dermatology, bariatric,
plastic surgery devices.
- I have experience in finding new products, dealing with suppliers, negotiating, and quality
check.
- I reviewed accounting structures and procedures on regular basis to identify areas in need of
improvement.
- I was preparing daily sales reports. Updating purchases, costing, and making journal vouchers,
payment and receipt vouchers.
- I was taking stock count quarterly, annually to making sure accuracy of stock and following
up with any damaged or missing items.
- I was managing payroll, receivables & payables and was reporting to Finance manager
- Worked closely with external audit team for closing financial year and preparing reports.
- Following accounting policies and procedures according to IAS and IFRS.
- Preparing reports for spare parts division related to their sales, purchases, suppliers and
receivables.
- Assisting finance manager for year-end closing and preparing financial statements.
- In depth experience in fashion brands, retail fashion accounting.
- Preparing Bank reconciliation statement.
- Managing receivable and payables to make sure timely payments done and received from
clients.
- Preparing monthly sales reports, payroll, expenses and was reporting to manager.
- Making journal vouchers, reconciliation of ledgers, and preparing trial balance.
- Preparing loss reports, reviewing reasons for losses, and reporting to manager.
- Preparing time sheet, for monthly payroll for the company.
ACCA uk
CPA
Finance & Banking, Bachelors in commerce degree