Chief Accountant
Etad United Co for Commerce and Development
Total years of experience :9 years, 11 Months
Etad united is a real estate developer based in Jeddah with a dynamic forward thinking that contributes to the vision and overall development plans in the residential and commercial real estate market needs.
• Handled the day-to-day financial operations such as invoicing, other GL transaction, and payroll.
• Uploading of vat return file at GAZT monthly or quarterly according to the size of business.
• preparation of quarterly and annual account reconciliations, monitor and enforce compliance with tax and financial reporting standards and assist with cash flow forecasting
• Focus on all daily and month-end accounting procedures for the Account results including P&L Activity.
• Reporting to management and stakeholders, and providing advice how the company and future business decisions might be impacted.
• Evaluate the financial performance of the organization and measure returns on investments
• Provide insight on spending trends and cost-savings initiatives and margin opportunities
• Keeping up to date with technological advances and accounting software.
• Supervise and allocate the work of the Accountancy Section to ensure that all tasks are completed within prescribed timescales and successfully conduct the Audit during Audit season.
Arabian International Company for steel structures involves at fabrication and erection of steel at multiple projects within the GCC region at a capacity of around 20, 000 Metric Ton per year.
• Ensures timely payments of vendor invoices and expenses within the assigned budget.
• Conduct monthly & quarterly reconciliation of suppliers and sub-contractors to ensure accurate reporting and Controls.
• Coordinate with treasury department for allocation of budget for payments and supply of documents for processing of payments.
• Cleansing and reconciliation of supplier advances, coordinating with procurement & store teams for timely creation of GRN & closing of open purchase orders.
• Complete uploading of Value Added Tax (VAT) return file to Zakat Department.
• Manage Functions like maintaining the general ledger, accounts payable, and project accounting.
• Lead the assignments for stock count, physical verification of fixed assets and providing necessary support to supply chain, human resource, project management, etc. in order to safeguard company's asset base.
• Protects organization's value by keeping information confidential.
• Lead coordinator in liaison with external auditors for queries relating to accounts payable.
Brief.Al Anbariya International Co providing best seafood in the town, destination seafood park featuring a creatively engineered menu inspired from different countries’ seafood specialities to appeal to a diverse clientele that appreciate unique seafood flavours in a relaxing and Comfortable environment away from the hustle and bustle of the city.
• Daily sales revenue verification and follow up for daily bank deposits.
• Preparation of bank account reconciliation with books.
• Prepare payments by verifying documentation and requesting disbursements.
• Aging report preparation for receivables and payables.
• Preparation of salary & wages (Payroll).
• Keeping accounting books and system up to date to monitor financial performance any time.
• Physical count of inventory for the store and site on monthly basis.
• Advising management on cost reduction and increase in profits.
• Preparation of special financial reports by collecting, analyzing, and summarizing accounting information.
• Successfully finalized financial statements and supporting schedules according to month end closing process that include reporting of projects P&L & cash flow, reporting of significant variances, budget vs. actual, etc.
Master degree specialization in Accounts and Finance.