Chief Accountant
Abdul Samad Al Qurashi Group
Total years of experience :17 years, 10 Months
o Conducted internal audit of company accounts and systems and coordinated with internal auditors, external auditors.
o Prepared Monthly Financial Reports, Executive Summary and assisted the Finance Manager.
o Prepared product costing sheets for work-in-process, finished goods and new products. Resolved month-end inventory reconciliation.
o Authorized payments, bank reconciliation and depreciation calculations.
o Establishment of accounts management in other branches (Kuwait 2007, Qatar 2008, UAE2008, Oman2009, Bahrain2010, Lebanon2010, Egypt2007, Morocco2014 and Turkey 2013), facilitated hiring and interviewed staff members and trained new employees in the Department.
o Worked with external auditors and provided coordination for the annual financial statement audit.
o Performed special assignments as directed by audit senior management
o Responsible for ordering, purchasing and receipt of stores and distribution of products.
o Conducting physical inventories, menu costing, financial reporting and delivery of goods to respective outlets.
Participate in the preparation of the annual financial budget starting From 30-Oct-2007 till 28-Feb-2017:
o Reorganized the Budget department, greatly improving the value-add of monthly reports across the organization.
o Delinquency rate for all accounts from 5.5% low of 2.5% - 3%.
o Created pro-forma financials and forecasts on a provider, specialty, site basis used by the CFO and CEO for budgetary and operational decision making
o Reported monthly on provider productivity activity and contractual goals and managed quarterly and annual incentive plan for providers
o Developed and maintained monthly overtime report to address inefficiencies agency-wide
o Monitored monthly compliance by item, researched variances, and facilitated corrections with proration and accounting practices
Onlin Certified ID: 88192.