Chief Accountant (Head AP)
National Air Services (NAS)
Total des années d'expérience :30 years, 6 Mois
Currently I am working in NAS. Major responsibilities are,
• Preparation of annual, quarterly and monthly budgets in coordination with budget holders.
• Preparation of weekly and monthly cash budgets in coordination with treasury and accounts payable.
• To ensure that all company policies and procedures are being implemented.
• Business intelligence and customizing the management reports with coordination of IT.
• Analysis of expenses with budgetary variances.
• Oversee accounts payable and advice to management for improvement in procedure and flow of work.
• Review the vendor contracts and coordination with legal affairs and flight operation center.
• To control the vendor invoice activity including timely collection of invoices from all vendors, charges matched with vendor contracts, cross verification with Operations System to ensure that service is provided and booking into the correct head of accounts.
• Aging and vendor reconciliations analysis.
• analysis and preparation of monthly cost accruals
• To run and analyze trail balance at month end.
• Monthly Reporting : Cash Requirement Report, Aging Analysis, Cost Center wise Expense Report, Profit & Loss Report and Balance Sheet.
Joined the company as head of finance department. Responsible for managing all financial affairs of the company.
Company is engaged in production of bakery items more than one hundred and fifty kinds, specialized in all variety of cakes.
1-Developing policies and procedures and merging into limited company with the consultation of Talal Abu -Ghazala group.
2-Developing the costing and financial system of the company.
I worked in RAR Group of industries (RAMAT) in Saudi Arabia dealing with trading of building materials. Since my joining to the company I have gone through all aspects of accounting jobs in complete computerized environment. Implementation of software (Sageline100), designing of miscellaneous financial and management reports, I have done in compliance of my first assignment. In general, my responsibilities are,
• Assist in the development and implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and payroll.
• Direct in providing the procedures and computer application systems necessary to maintain proper records and controlling the huge receivables of the company
• Monitor compliance with GAAP & IFRS and company procedures. Reviews, investigates, corrects errors and inconsistencies in financial entries, documents and reports and submit recommendations for improving the organization's accounting operation.
• Supervises the nine members accountings teem and participates in the preparation of various financial statements and reports. Appraises the organization's financial position and issues periodic reports on organization's financial stability, liquidity, and growth.
• Prepare budget comprising budgeted monthly financial statements with complete details of product wise sale, purchases, cash flow and inventory movement etc.
• Oversees all LC issues (purchases & Sales) keeping in view the banking facilities having more than forty million monthly imports.
• Direct internal audits involving review of accounting and administrative controls.
• Coordinate in preparation of external audit materials and external financial reporting.
• Analysis financial information detailing assets, liabilities, and capital, and prepares balance sheet, profit and loss statement, and other reports to summarize and interpret current and projected company financial position for group management
PHP was contacting company engaged in hospitals management more than ten hospitals in kingdom wide. I joined the company as Internal Auditor. During my stay in this company I was involved with audit and general accounting activities particularly, hospital expenses and payroll audit having more than five thousand employees in kingdom wide. My major responsibilities were:
• Compiles and analyzes financial information and documenting business transactions to ensure proper accounting record.
• Prepare cash budget on monthly basis and to keep all financial matters within the budgetary provisions. Prepare income and expense statements for the projects on monthly basis.
• Installation and maintenance of new accounting package, payroll, fixed assets, other related procedures and controls.
• Conducts studies and submits recommendations for improving the organization's accounting operation
• After almost one year, I was deputed in one of the big project Armed Forces Hospital-Dhahran (AFH-KAAB) as Project Controller (Finance)
• I completed the contract there and remain part of the hospital project management team
• My major responsibilities were to keep on strict eyes on hospital expenses, preparing monthly income and expenses statement for the project and other analytical & management reports.
I was the 1st person who joined the accounts department of the Institute. During my almost six year services in the Institute having more than six hundred employees, I was fully involved in all accounting and budgeting matters. My responsibilities were,
•All day to day accounting transactions as required by all statutory authorities and
monitoring all bank accounts, petty cash and all reconciliations.
•Provide quarterly and annual financial reports, forecasts with detailed analysis as and when required by management and to ensure that accounting standards are maintained and consistently applied complying with local rules and regulations.
•Taxation and development of store accounting system along with controlling of fixed assets register including thousands of items.
•Dealing with payroll matters, preparing annual budget and monitoring the expenses to keep within budgetary provisions.
•Analysis of variances with budgetary and actual expanses and lot of other tasks that can be imagined at the beginning of any big organization.I was the 1st person who joined the accounts department of the Institute. I started my career as accounts officer. In third year of my services I have promoted as Finance Manager. During my almost six year services in the Institute having more than six hundred employees, I was fully involved in all accounting and audit related matters. My responsibilities were started from:
• All day to day accounting transactions as required by all statutory authorities and
monitoring all bank accounts, petty cash and all reconciliations.
• Provide quarterly and annual financial reports, forecasts with detailed analysis as and when required by management and to ensure that accounting standards are maintained and consistently applied complying with local rules and regulations.
• Taxation and development of store accounting system along with controlling of fixed assets register including thousands of items.
• Dealing with payroll matters, preparing annual budget and monitoring the expenses to keep within budgetary provisions. Analysis of variances with budgetary and actual expanses.
• Coordination with all department and cost centers and giving recommendations to management for improvement in procedures.
• Chalk out periodical plans to execute the internal audit activities in different cost centers.
