Accounting Manager
King Salman Energy Park
Total des années d'expérience :10 years, 2 Mois
Working as an Acting Accounting Operations Manager supporting the Controller’s department. Responsible entirely of the following tasks;
- Accounts Payable; established the procedure manuals for the several segments, and managing the AP cycle and operations.
- Accounts Receivables; established the Billing and Collection procedures, processes, and managing the AR cycle and operations through coordination with Treasury and Marketing teams.
- Intercompany: Prepared the User Guide for Finance team, setting and presenting the prices for shared services to management, through forecasting of costs, and managing the Intercompany operations.
- Payroll; Verification and review of payroll calculation before processing, reviewed Payroll procedure, and managing the payroll payment process from HR submission to Finance review and Payment approval.
- GL; Supporting Corporate accounting team whenever required, Monthly closing, Quarterly closing, and Year end closing.
- Preparation of Consolidated statutory Financial Statements and Notes for Four Legal Entities, consisting of 10 Ledgers (Segments).
- KPI reports for each ledger to identify weaknesses in every segment and investigate reasons to be sent to country controller and regional management.
- Review of Balance Sheet and Income statement analysis done by GL Accountants, and check the accuracy of the comments on variances before forwarding to Country controller.
- Responsible entirely for completing the external audit requirements, meetings with Ernest and Young team, providing reports, collecting samples from accountants, and following up on the process to ensure completeness and meeting deadlines.
- Review staff work and ensure compliance with GAAP.
- Liaise with Segments’ accounting managers and Country controller.
- Producing various reports for all balance sheets accounts and Income statement for External Auditors. (Aging, movements, reconciliations).
- Reviewing staff work and suggesting ways to improve efficiency.
- Approving money transfers/payments in Bank after reviewing support documents.
- Liaising with Tax manager and VAT Advisor for monthly VAT Return preparation and assisting in Tax calculation.
- Responsible for reviewing and filing Withholding Tax in GAZT for NOV Saudi.
Balance sheet and Income statement variance analyses, determining the cause of variances and responsible for the integrity of all financial data.
- Sarbanes-Oxley Reconciliations for all balance sheet accounts.
- Responsible for Inventory reports, FG, RM, WIP, and Open PO’s by Reconciling and communicating effectively with operation team to resolve differences.
-Month-End, quarter-end, and year-end closing and finalization for all expenses, revenues, provisions, accruals, payroll and allocation of costs to product lines.
- Oversee daily transactions, including accounts payable and receivable, general ledger, bank reconciliations, and inter-company reconciliations.
- Controlling and monitoring accounts, by analyzing and giving the needed instructions to payable accountants and receivable accountants and investigate variances.
- Preparing VAT Return and Withholding Tax reports, and reconciliations.
- Produce accounting reports and analysis to Auditors and management.
- Advising Payable team & Receivables team regarding unrecorded transactions, charge back invoices to other business units for booking, and providing the proper documentation to auditors.
- Reviewing Payments and money transfers before submitting them to Financial Controller for Approval.
- Analyzing Payroll before recording and providing Expats’ Benefits reports to global mobility manager.
- Liaising with Sales and Operations department heads to ensure that work run smoothly and resolve issues.
- Preparing various reports for management whenever needed and answering financial analysts’ queries from Dubai and US Finance team, and provide justifications.
In charge of Accounts Receivable for 2 divisions & Reporting Sales to management.
My tasks are the following:
• Weekly meetings with Sales department to discuss the Aging of Receivables and Status of collections.
• Reported results of Sales activity directly to Accounting Manager and Vice President of Finance daily.
• Preparing a monthly Sales Journal report, showing sales organized by customer, Sales amounts, product type and weight.
• Preparing a monthly Sales Analysis, comparing Sales of the current month to Sales for previous month, and comparing it to the budgeted Sales as well.
• Assist Sales and Production team in Margin Analysis for Product lines.
• Proactively reviewed and reconciled company statements for customer accounts, partnering with customer service representative on funding issues and any noted discrepancies.
• Posted customer cash receipts, downloading scanned images from the bank and entering hundreds of client collections into the system on a daily basis.
• Ensure payments are posted to the correct open invoices and notify sales team members of any discrepancies.
• Month-end accounting close, including journal entries, account reconciliation, and activity analysis.
• Bank reconciliations for Accounts Receivable.
• Customers’ reconciliations & confirming balances with clients.
• Releasing Sales orders in system after ensuring that Items' prices are correct and customer doesn't have an overdue balance that exceeds the credit terms.
• Payroll and Accounts Payable back-up.
• Escalation process of bad debt, unidentified charges and collections issues.
Worked in the General ledger department, was handling all the accounts for one of Amiantit business units, named ISECC (INFRASTRUCTURE ENGINEERING & CONST. CO) my tasks are the following:
- Monthly closing tasks and journal entries.
- Bank Reconciliations for several bank accounts.
- Inter- Company Reconciliations.
- Preparing monthly reports showing ISECC Engineers’ working hours and the rate per hour to charge other business units.
- Preparing monthly and quarterly report package (balance sheet, Income statement, inventory and fixed assets) to show ISECC financial position and performance.
- Reporting a monthly cost comparison reports for every infrastructure project and compare with budgeted costs and including the percentage of completion.
- Discuss work progress with project managers and report to finance management.
- Discuss the variances in costs and get justification timely to report to management.
- Accounts Payable back-up. Process invoices for payment by reviewing invoices for proper authorization, coding and inputting invoices into accounts payable system and printing expense checks for payment.
In charge of employee’s payments.
- Prepared and balanced payroll. Entered and audited time sheets.
- Assisted the accounting staff and Human resource teams in ascertaining discrepancies.
- Processed voids, replacement checks, terminations, and corrections to effectively complete payroll.
- In charge of preparing overtime for all employees.
- Reviewed contracts and Petty cash before submitting Payments’ requests to Accounting team.
- Communicating well and consistently provide excellent support for Payroll-related questions to employees.
- Handled highly confidential information on daily basis.
- Manage all of payroll documents.
23/1/2013 Dammam University Dammam, KSA Bachelor of Business Admin in Accounting