Fatima Alrashed, Payable & Cost Accountant

Fatima Alrashed

Payable & Cost Accountant

Marmar Holding Company

Location
, 0, 0
Experience
10 years, 1 Months

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Work Experience

Total years of experience :10 years, 1 Months

Payable & Cost Accountant at Marmar Holding Company
  • Saudi Arabia - Dammam
  • My current job since November 2018

Payable Accountant
• Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc.
• Reconciling processed work by verifying entries and comparing system reports to balances
• Maintaining historical records
• Paying employees by verifying expense reports and preparing paychecks
• Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor inquiries regarding finance
• Preparing analyses of accounts and producing monthly reports
• Continuing to improve the payment process

Cost Accountant:
• Collecting cost information and maintaining an expenses database
• Constructing data accumulation systems
• Determining fixed costs (e.g. salaries, rent and insurance)
• Plan and record variable costs (e.g. purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Prepare budgeting reports (for the company and for each department)
• Analyze and report profit margins
• Prepare (monthly, quarterly and annual) cost forecasts
• Assisting in month-end and year-end closing
• Identify and recommend cost-effective solutions

accountant at Aldawa Medical Company
  • Saudi Arabia - Khobar
  • November 2007 to May 2012

General Accountant

*Documents financial transactions by entering account information.
*Recommends financial actions by analyzing accounting options.

*Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports

*Reconciles financial discrepancies by collecting and analyzing account information.
*Prepares payments by verifying documentation, and requesting disbursements.
* Prepares special financial reports by collecting, analyzing, and summarizing account information and trends.
*Accomplishes the result by performing the duty.
*Contributes to team effort by accomplishing related results as needed.