Accounting Manager
Alex Baking Company (A branch Of the international Mr. Baker agency in Kuwait )
Total years of experience :18 years, 0 Months
Checking / entering invoices into a computer system (Mashaly Soft).
• Preparing payments to suppliers.
• Entering & maintaining current supplier details.
• Checking & reviewing contracts’ Financial Issues.
• Petty cash reconciliations.
• Preparation of various reports on MS EXCEL.
• Processing Accounts Payable invoices ensuring Accounts Payable Invoices are valid and authorized for payment.
• Draw cheques when invoices fall due for payment.
• Ensure supplier accounts are paid on a timely basis.
• Matching purchase orders to invoices.
• Posting and scheduling payments.
• Bank Reconciliation.
• Protecting organization's value by keeping information confidential.
• Being a key person for upgrading the chart of accounts.
• Involving in the implementation process for the new Finance Software (Ascon ERP System).
• Dealing with the new modifications of Value Added Tax law and calculating it over the productions costs and sales prices by separating prices and taxes, also preparing the monthly report for the tax authorities.
•accounting for general ledger entries and ensure completeness and accuracy
•Responsible for monthly and quarterly closing process of the assigned entities
•Prepare account reconciliation for the assigned entities.
•Coordinate with external auditors to provide requested documentation regarding financial statements and accounting treatment for specific transactions
Administration Responsibilities:
- Administration and supervision of all financial transactions and accounting entries
- The preparation and analysis of daily and monthly financial reports
- Relay restrictions and daily movements as well as the monthly CLOSING REPORT
- Enumerate the monthly reports and financial statements and quarterly financial analysis of these data
- A review of all transactions relating to salaries, allowances and end of service and follow-up exchange and receipt process
- Analysis and supervision of the credit system and customer accounts
- Follow-up to the stock movement and the preparation and review of reports for stores
- Manage and monitor bank accounts and bounced checks
- Preparation of budgets and control
- Prepare consolidated financial reports
- Supervision of inventory operations both during the year or the end of the year
- Preparation of audit requirements and the issuance of the financial statements audited year-end
- Any other requirements or related financial management and accounting functions
Auditing Responsibilities:
•Perform internal control and substantive tastings.
• Identify and communicate accounting and auditing matters to seniors and managers.
•Propose adjusting journal entries and discuss audit findings with clients.
•Identify and communicate accounting and auditing matters to managers.
•Document audit procedures and cross reference work papers
•Create management representation letter comments and recommendations and draft audit reports for management review.
Daily Work Responsibilities:
• Checking / entering invoices into a computer system (Mashaly Soft).
• Preparing payments to suppliers.
• Entering & maintaining current supplier details.
• Checking & reviewing contracts’ Financial Issues.
• Petty cash reconciliations.
• Preparation of various reports on MS EXCEL.
• Processing Accounts Payable invoices ensuring Accounts Payable Invoices are valid and authorized for payment.
• Draw cheques when invoices fall due for payment.
• Ensure supplier accounts are paid on a timely basis.
• Matching purchase orders to invoices.
• Posting and scheduling payments.
• Bank Reconciliation.
• Protecting organization's value by keeping information confidential.
• Being a key person for upgrading the chart of accounts.
• Involving in the implementation process for the new Finance Software (Ascon ERP System).
• Dealing with the new modifications of Value Added Tax law and calculating it over the productions costs and sales prices by separating prices and taxes, also preparing the monthly report for the tax authorities.
• accounting for general ledger entries and ensure completeness and accuracy
• Responsible for monthly and quarterly closing process of the assigned entities
• Prepare account reconciliation for the assigned entities.
• Coordinate with external auditors to provide requested documentation regarding financial statements and accounting treatment for specific transactions
Administration Responsibilities:
- Administration and supervision of all financial transactions and accounting entries
- The preparation and analysis of daily and monthly financial reports
- Relay restrictions and daily movements as well as the monthly CLOSING REPORT
- Enumerate the monthly reports and financial statements and quarterly financial analysis of these data
- A review of all transactions relating to salaries, allowances and end of service and follow-up exchange and receipt process
- Analysis and supervision of the credit system and customer accounts
- Follow-up to the stock movement and the preparation and review of reports for stores
- Manage and monitor bank accounts and bounced checks
- Preparation of budgets and control
- Prepare consolidated financial reports
- Supervision of inventory operations both during the year or the end of the year
- Preparation of audit requirements and the issuance of the financial statements audited year-end
- Any other requirements or related financial management and accounting functions
Auditing Responsibilities:
- Perform internal control and substantive tastings.
- Identify and communicate accounting and auditing matters to seniors and managers.
- Propose adjusting journal entries and discuss audit findings with clients.
- Identify and communicate accounting and auditing matters to managers.
- Document audit procedures and cross reference work papers
- Create management representation letter comments and recommendations and draft audit reports for management review.
Responsible for daily sales report and determine the cost of goods sold and realized profit.
Responsible for Inventory of goods available on a daily basis and weekly and monthly and report them.
Responsible for daily available cash and bank balances reports.
Experience in income, public and sales taxes.
Ability to analyze customers and suppliers accounts.
Ability to set budgets, balance sheets and ending year accounts.
Bachelor Degree
