Management Accountant
Al Ghassan Motors
مجموع سنوات الخبرة :30 years, 2 أشهر
• Costing and pricing and uploads the same in to the System (Autoline)
• Preparing reports - budgets and financial statements.
• Worked with Major Brands’ (BNETLEY, LAMBORGHINI, MCLAREN, BUGATTI, LOTUS and DUCATI) ordering system.
• Undertaking financial administration and internal audits
• Communication with Major Brand Manufactures to insure arrival on time.
• Cooperate with all suppliers and apply credit terms and limit cash purchasing with cost saving sense.
• Software head of team implementation and system analysis to meet company needs.
• Working with external Auditor while year-end Audit performance.
• Negotiations with Medical / General Insurance companies to apply cost-benefit rule (get the best service with minimum premium).
• Understand, manage, and supervise all aspects of cash flow.
• Preparing daily cash report & ensure the cash is applied accurately and timely.
• Forecast daily cash requirements and execute daily financing decisions.
• Manage relationships with financial service providers
• Prompt and accurate processing of L/C, SBLOC documents, i.e. Issuance, related amendments and follow up till receive the document and close the LC.
• Providing plans for Short-Term and Long-Term borrowing to run the business smoothly
• Meet with banks to plan cash management vs. company needs
• Ensure accuracy of interbank movements and monitor bank service fees and address quality issues.
• Review all month end bank reconciliations
• Budget cash flow & follow up cash projection to insure company liquidation meet its operation.
• Process payment based on facility agreements.
• Maintain consolidate receivables by coordinating and monitoring daily sales and bank transactions.
• Handling payment through EFT/TT/ cheques
• Calculating monthly provision for facility and loans
• Responsible for the management, supervision and control of Financial Reports, Accounting and Administration activities of the company and In-charge of supervising all branch accounts throughout the KSA
• Responsible for directing all activities of Financial Functions.
• Responsible month-end reports to the Finance Manger as required
• Preparation of various financial schedules, Review general ledger account reconciliations monthly
• Prepare / review bank reconciliations and preparing journal entries accordingly
• Prepare commissions schedule to ensure they are recorded appropriately on a monthly basis
• Preparing consolidated receivable report and sales report then reconcile with system
• Mange fixed asset register of the organization.
• Calculation of monthly amortization, accruals and various provisions.
• Working with external Auditor while Year End Audit.
• Assigned to perform Payroll preparation and verification which is preparing / generating through BAAN HRMS (ERP).
• Fully aware of payroll up to its maximum. Also, preparing employment contract, employees’ vacation, ESB Calculation, travel plan, medical plan, preparation of performance appraisal, compensation and benefit, development planning, preparation of Admin Policies and Procedures and all day-to-day administration activities as per company’s Admin Policy and procedures.
• Performed as an acting Administration Manager in the absence of Admin Manager.
• Have a nice experience with a huge warehouse department of HADEED Co. major responsibilities are; issuance of spare parts, safety items, heavy industrial spares etc. participating in inventory control, stock maintenance and evaluation etc
• Very close contact with the local and international suppliers.
• Having very cost saving sense that turn to decrease costs and having good negotiation skills as well.
• Represent the company alongside suppliers.
• Comparison with market supplies.