General Ledger Section Head & Financial Reporting
Gandour
Total years of experience :10 years, 5 Months
• Monthly closing activities, including generation of reports and closing entries such as net sales, accruals and provisions.
• Prepare adjusted trial balance with required adjustments.
• Tracking balance sheet accruals and provisions to reflect accurate financial positions.
• Detailed expense reports with relevant classifications.
• Create Operating Expense (OPEX) reports compared against budgeted figures, addressing these results to head of departments (HODs).
• Execute inter-company reconciliations.
• Prepare financial statements, including Income Statement ( P&L ), Balance Sheet, Cash Flow Statement, and associated notes.
• Participate actively in interim and annual audit processes.
• Perform any assigned tasks by the line manager.
• Tracking and monitoring of accounts receivable ( West-North-South ).
• Perform required reconciliations.
• Review and manage sales team expenses.
• Perform aging report to identify and address accounts with overdue payments.
• Review and process customer discounts and promotions as company policy.
• Supervising opening new customer accounts.
• Yearly/Mid-year balance confirmation letters and implement thorough follow-ups until our book balances are acknowledged, undertaking investigation of any discrepancies.
• Supervisor for branch accountants for operation in their branches.
• Team performance management using balanced scorecard for Key performance indicators ( KPIs ).
• Monitor routine tasks across branches, including recording, physical inventory counts, and petty cash management.
• Handle the clearance process and approval for sales team.
• Engage in month closing processes.
• Revenue recognition process with regulatory compliance as IFRS and SOCPA.
• Provide assistance during annual audit.
• Perform any additional tasks as assigned by the line manager.
• Record vendor invoices in accordance with Goods Received Note (GRN), Supplier Return Note (SRN), Purchase Order (PO).
• Issue a monthly report detailing all shipment costs, ensuring the accuracy of all shipment expenses.
• Monitor departmental payment requests daily and incorporate them appropriately into the payment process.
• Schedule and prepare all supplier payments.
• Process vendor payments in compliance with the necessary approvals with the Level of Authority and aligned with cash flow.
• Review and monitor vendor accounts.
• Responsibility for opening new vendor accounts after securing all necessary official documentation.
• Follow up the progress of supplier advance payments until close.
• Review and process customs payments with follow-up procedure implemented with the supply chain team to monitor any potential violations.
• Oversee petty cash for all branches, ensuring thorough follow-up on staff accounts and the closing of all open petty cash accounts prior to month-end.
• Participate in employee clearance process.
• Implementing a strong internal control and segregation of duties.
• Ensure consistent tracking of all supplier payments, Statements of Account (SOAs), and reconcile periodically.
• Perform bank reconciliation for some accounts related to supplier payments.
• Maintain records of supplier payments and invoices, which includes both physical and electronic storage files.
• Prepare and review all required audit documents with the auditors.
• Perform any other tasks as may be required by the line manager.
• Maintain daily bookkeeping for accounting entries.
• Accred expense entries prior to the monthly closing period.
• Generate reports, including ( Aging, sales and collection ) reports, to offer key insights into business operations.
• Actively follow up outstanding dues with the sales team.
• Supervise employee petty cash.
• Oversee vendor accounts and perform periodic reconciliations.
• Recording of suppliers’ invoices, payments, and debit notes.
• Review invoices, support documents and ensure approval before processing payments.
• Follow up any payment issues with suppliers.
• Reconcile bank statements on a regular basis.
• Applying customers' discounts.
• Physical count and verification of stock inventory.
• Prepare and present all necessary documentation to auditors as per audit protocol requirements
• The High Institute for Specialized Technological Studies • ( Future Academy) • Department.: Accounting • Graduation Year: 2012 • Graduation Year Grade: Very Good. • Overall Grade: Good+