Senior Accountant - ME
Louis Vuitton Middle East FZCO
Total years of experience :17 years, 5 Months
o Analyze financial information, budget deviation. Forecast comparisons and provide written commentary for deviations
o Prepare monthly and quarterly financial reports for executives and for the Ministry of Finance and Ministry of Sports & Culture of Qatar
o Prepare presentations for the CEO
o Prepare the yearly budget of Aspire Zone Foundation; work closely with budget holders (Head of Departments) and assist in the analysis and forecasts of their yearly Budget
o Provide support to department heads related to their daily expenditures vs budget
o Consolidate Aspire Zone Foundation Budget and prepare written justification and analysis for the Ministry of Finance and Ministry of Sports & Culture of Qatar
o Contributed to the establishment of the finance policies and procedures of the organization
o Worked on the Authority Matrix of the Finance department
o Enhancing performance monitoring through Strategic performance report identifying the key issues; KPI’s
o Identifying and updating AZF Finance Department Risks and Risks register
o Implementation of Hyperion software
o Participate with special projects and/or other accounting tasks as needed
o Prepare weekly cash transaction report and submit to the Ministry of Finance of Qatar
o Prepare Standalone Monthly Financial Reporting Package
o Prepare AZF Consolidated Monthly Financial Reporting Package (4 Strategic Business Units)
o Prepare Quarterly Financial Report on cash basis and submit to Qatar’s Ministry of Finance
o Prepare Standalone yearly Budget for the Corporate Office (AZF Headquarters) and Consolidated AZF Budget
o Prepare monthly Budget deviation analyses report
o Worked on Cost Center allocation project
o Financial Analysis for Investment projects
o Recording and Reporting as per IFRS and as per Governmental accounting
o Reporting to AZF Chief Finance Advisor
o Managed daily journal vouchers and daily transaction booking process. And Posted data to various ledgers, registers, journals and logs following established accounting techniques and procedures
o Analyzed revenues and expenses to ensure they are recorded appropriately on monthly basis
o Managed accounts reconciliation process; Payroll, Banks, Payables and Receivables
o Managed direct contact with Banks (Letter of Credit, Letter of Guaranties, Interest rates on accounts (Profit capitalization and finance cost), Transfers and payments)
o Managed Payrolls and personnel related procedures
o Resolved accounting discrepancies and irregularities
o Prepared and Maintained Fixed Assets register, Fixed Assets Accounting
o Maintained cash flow management and prepared cash flow forecast report
o Managed Insurance policies
o Monitored and supported Taxation issues (Tax Law no.21); Tax computation and monthly report sent to tax auditors. Tax filing
o Prepared monthly, quarterly and annual stand alone and consolidated Group Financial reporting packages
o Prepared the Yearly Budget
o Liaise with HQ in Qatar and in Bahrain
o Assisted Internal & External auditors in interim and yearly audit
o Handled the Pre-Operating accounting process for the company’s new projects: Nuzul Hotel
o Assisted in the establishment of Nuzul Touristic Investment and Nuzul Hotel
o Provided accounting policy orientation for the project’s new staff
o Managed the Liquidation process of Nuzul Touristic Investment
o Reporting to Nuzul Holdings Group CFO and Barwa Real Estate headquarters
o Managed standalone and consolidated Financial Reporting Package for the Group
o Assisted in Preparing the yearly Budget
o Worked as senior accountant for Phoenicia Beirut
o Managed daily journal vouchers transactions, daily revenue and expenditure bookkeeping
o Managed accounts reconciliation process; Payroll, Banks, Payables and Receivables
o Prepared Financial Statements of Phoenicia Beirut
o Accounting Manager for Phoenicia Erbil (offshore): a newly established subsidiary of long established duty free retailer Phoenicia International Holding (the company was still at the establishment stage)
o Accounting of several firms & restaurants (Daily cash movements, journal voucher, Payment voucher, receipt voucher, reconciliations, ...)
o Audit of different firms and factories
o Filing of fiscal declarations related to VAT and other local taxes
o Prepared consolidated and standalone Financial statements
o Attended major related seminars about International Accounting Standards and International Financial Reporting Standards
o Accounting for several firms (daily cash movement, Journal Voucher, Payment Voucher, Receipt Voucher, Reconciliations, Payroll, ...)
o VAT and other local taxes computation
o Successfully completed a Tangible & Intangible Fixed Assets Depreciation & Amortization Project for a Lebanese Factory
o Assisted in auditing the records of several small and medium size enterprises and factories
- GPA 14/20 (French Grading system) - November 2004: Intern at United Commercial Assurance in the marketing Department. - September 2004: Intern at Byblos Bank at the teller and customer services departments. ( Attended a seminar about the banks' departments and how they interrelate). - September 2003: Intern at Sotral Company at the Secretariat and Processing Department.