Chief Accountant
Yanbu United Company
Total years of experience :13 years, 1 Months
1- Prepare a Financial Statement (Balance Sheet & Income Statement) from 2013 to 2018, to make comparability.
2- Prepare a Monthly, Quarterly, Semi Annual, and Annual Bank Reconciliation.
3- Prepare Monthly Expenses Reports from 2013 to Date to check the Trend analysis.
4- Upload Monthly Tax Reports (5%) for Local sales & Local Purchase on General Authority of Zakat and Tax.
5- Monthly reconcile the Exports Sales recorded in GL with sales recorded in Saudi Custom, by classification the different (Goods In Transit)
6- Create the check list closing procedure to facilitate pursue monthly closing.
7- Pursuit Monthly Closing for Cash on hand & at Banks, Prepaid, Accruals, Depreciation Expenses, End of Service, Vacation, GOSI, Spare Parts Consumed, Gas Oil consumption, Diesel consumption, intercompany transaction, … etc.
8- Enter monthly production order (from Raw Material, Work in process, Finish Goods).
9- Reconcile Cost of Goods Sold generated from the system with manual calculation for COGS (actual consumed of raw material & Overhead, actual QTY produced, actual QTY Sold) to ensure the accuracy.
10- Create the Fixed Assets Register, previously all assets were recorded in one account in GL.
11- Review the all Customer's Accounts & all Vendor's Accounts.
12- Create an Aging reports for Customers & Vendors.
13- Create cash projection for quarter ahead.
14- Check all entered financial transaction.
15- Pursuit audit instruction to get audited financial statement.
16- Modify chart of account for the company and sectors.
17- Review and approve the monthly payroll.
18- Review and reconcile of current account for partners.
19- Create any reports required from managements.
1- Develop Purchase to Pay Procedure, and pursuit implementation.
2- Develop cash management procedure for sites.
3- Prepare project profitability based on Bill of Quantity and actual cost incurred.
4- Handle with project engineer to calculate the Project Phase Variances, based on actual cost incurred and the planed cost mentioned in Bill of Quantity (BOQ) and Time Line.
5- Review and pursuit the vendors & subcontractor contract and billing.
6- Review and pursuit the client contract and billing.
7- Check all entered financial transaction.
8- Pursuit audit instruction to get audited financial statement.
9- Built a chart of account for Carpentry Establishment and reconcile all transaction with bank statement.
10- Reconcile all open petty cash by reviewing the invoices and contracts.
11- Review and approve the monthly payroll for all sectors (Construction, Carpentry, and Maintenance sector).
12- Review and reconcile of current account for partners.
13- Meeting with investors to explain Monthly Financial Reports.
14- Prepare a Monthly, Quarterly, Semi Annual, and Annual Bank Reconciliation.
15- Prepare financial statement (Balance Sheet, Income Statement, and cash flow)
Senior General Ledger, Fixed Assets, and Tresuary
Job Description:
1- Prepare monthly fixed assets addition on oracle R12 by handling with payable section, purchasing and production departments to ensure accurate category, cost center, & branch, etc.
2- Prepare monthly fixed assets retirement and make the related report - calculate gain and loss.
3- Make Monthly fixed assets reconciliation with GL (General Ledger) for cost and accumulated.
4- Clean the assets book and make a tag number for every machine.
5- Make monthly bank reconciliation for (RJH 4 Account, SABB 4 Account, NCB, ANB, Fransi Banks).
6- Transfer money between accounts according to the company situation.
7- Check the payment created on the bank and oracle and transfer the transaction to GL.
8- Following with bank the exchange rate and make a hedging with suitable rate.
9- Daily update the exchange rate on the system to minimize any exchange rate differences and to reflect the accurate value of money.
10- Pursuit letter of credit from open to amend or close it.
11- Pursuit letter of Guarantee from open to amend or close it.
12- Make the manual entry on GL regarding the recurring expenses and bank transaction (Transfer within the bank, LC Charges, LG charges, …)
13- Make monthly closing for head office cashier by reconcile the balance with oracle.
14- Review monthly operating and marketing expenses trend and identify the over budget, excessive expenses, & incorrect cost center, and then provide support to colleagues in the department for debugging in.
15- Review and reconcile of current account for partner and zakat.
16- Reports monthly financial statement (Balance Sheet, Income Statement, and owners’ Equity Statement).
*Assistant Management Accountant (Costing, Managerial & Financial Reporting).
Job Description:
1- Preparing prices studies for Export & Local customers.
2- Counting & finalize the inventory count of Production Halls and entering it in the system.
3- Costing of production orders.
4- Preparing the Monthly financial reports (P&L, Balance sheet & Cash Flow).
5- Assist to prepare the Financial Ratios (Monthly).
6- Preparing Monthly Expenses Reports by Department.
7- Balance sheet and P&L Reconciliations (Management accounts Vs. Statutory Accounts).
8- Assisting with preparation for and dealing with the annual audit.
9- Assist in develop Cost Centers for the Company.
10- Preparing Monthly purchase Reports to evaluate material unit cost.
11- Follow up fire Insurance Claim and its requirements.
12- Perform any other duties dependent on the needs of the business which directed to me.
courses: 78.1% (Very Good) High School Year of Tawjihi certification