General Accountant
Al Faisaliah Medical System (FMS)
Total years of experience :13 years, 1 Months
1. Prepare and posts all journal entries to the Co. integrated financial system and ensures accurate general ledger.
2. Preparation of monthly balance sheet and income statement analysis for international locations.
3. Analyze the results of international subsidiaries for accuracy.
4. Research and reconcile high risk balance sheet accounts.
5. Reviewing and posting GLs in SAP ERP system.
6. Provides support for internal and external audits and process improvement initiatives.
7. Support quarterly reviews, interim and year-end audit preparation, including working with external auditors.
8. Audit Sales commissions to confirm calculations and in compliance with company sales commission policy.
9. Prepare monthly Bank Reconciliations as assigned & others requires.
10. Prepare monthly AR & AP aging report and provide them to the financial manager and general manager.
11. Prepare monthly collections report from the customers and monitor and follow up all outstanding balance.
12. Collecting and analyzing data, this is then used in the preparation of weekly and monthly estimates and reports.
13. Preparing the monthly profit and loss, and balance sheet reports.
14. Tax and social security reporting and deductions.
1. Perform the day to day processing of accounts payable transactions to ensure the municipal finances are maintained effectively, up to date and accurate manner.
2. Collate and process necessary data for the release of payments in line with the set policies & procedures.
3. Support in the development of policies for the control and accounting of payments under the direction of the group management.
4. Ensure release of supplier payments as per purchase and credit policies and keep proper accounts for the suppliers.
5. Reviewing and posting GLs in Oracle ERP system.
6. Release necessary payments in line with the cash position.
7. Maintain vendors’ relationship and reply to their queries in relation to their invoices and respective payments.
8. Participate in the preparation of financial reports.
9. Contribute to the resolution of internal and external audit queries through the provision of the necessary information required.
10. Assist in the development of the accounts payable reports e.g., aging reports, payment schedule report and AP report.
11. The responsible accountant for fixed assets and CIP assets, from purchasing to capitalization.
12. Prepare monthly movement between AP model with GL, the same thing with Fixed assets model.
13. Follow the cases with lawyers.
Perform the day to day processing of accounts payable transactions to ensure the municipal finances are maintained effectively, up to date and accurate manner.
Collate and process necessary data for the release of payments in line with the set policies & procedures.
Support in the development of policies for the control and accounting of payments under the direction of the group management.
Ensure release of supplier payments as per purchase and credit policies and keep proper accounts for the suppliers.
Release necessary payments in line with the cash position.
Maintain vendors’ relationship and reply to their queries in relation to their invoices and respective payments.
Participate in the preparation of financial reports.
Contribute to the resolution of internal and external audit queries through the provision of the necessary information required.
Assist in the development of the accounts payable reports e.g., aging reports, payment schedule report and AP report.
The responsible accountant for fixed assets and CIP assets, from purchasing to capitalization.
Prepare monthly movement between AP model with GL, the same thing with Fixed assets model.
Accounts Payable:
Perform the daily basis processing the accounts payable transactions to ensure the local finances, to keep them up to date with accurate manner.
Main duties:
Receiving, verifying the invoices, and requisitioning for the goods and services.
Verifying that the transactions comply with financial policies and procedures.
Preparing the batches of the invoices for data entry.
Data entering "the invoices for operation's payments and capital expenditure purchases.
Processing the backup reports after data entry.
Managing the supplier's accounts and maintaining the prepayments, and close all open accounts.
Preparing A/P model movement in ERP Oracle's system each quarter end.
Listing all supplier's cheques in log book.
Preparing manual cheques when it's required.
Maintaining the accounts payable lists.
Preparing the general ledger.
After graduation I start working as accountant, with the tasks listed below:
- Writing accounting entries.
- Invoices analyzing.
- Bank settlement.
- Monthly trial balance.
- Entering restrictions and cash expenses on accounting program.
- Transferring the restrictions and cash expenses to the journal ledger and general ledger.
- Following and analyses the expenses.
- Record input and output inventory during month in the card (card inventory).
During my bachelor degree education I was getting training & working with the company.