Senior Accountnat/AP Superviosr
Saudi Arabian Cooperative Insurance Company (SAICO)
Total des années d'expérience :13 years, 1 Mois
- Supervising activities of AR, AP, GL day to day operations in (Motor & General Insurance) Division.
- Analyzes invoices and expense reports for accuracy and eligibility for payment & maintains accurate
financial records and control reports.
- Monthly & Quarterly closing & preparation of reports (FSs, Assets report, TADAWAL, SAMA
Reports & BOD presentations).
- Periodic reconciliation of Bank Accounts, Client accounts (Aging) & Balance sheet Rec.
- Development of processes and procedures of functional area under supervision.
- Training and monitoring the Finance department staff.
- Day to day finance and accounts operations (AP, AR, PV & GLs posting)
- Monthly timely closing of accounts.
- Project cost forecasts/budgets, cost tracking, and monitoring.
- Review & approve payment vouchers & journal entries
- Perform cash flow forecasting, budgeting, analyzing margins, variances of monthly performance and
cost analysis.
-Issue project cost reports for review and approval.
-Develop and maintain internal control and effective accounting system and policies for the set up.
-Work conservatively with the respective departments on cost reduction initiatives
My current role involves supporting and observing the ongoing operations of
Medgulf's accounting functions by being responsible for handling the daily financial
business transactions which include the processing/reviewing of payments, Journal
Vouchers, reimbursements, reporting, reconciliations and other accounting functions, such as reconciliation and financial reports
Analyzing and recording financial transactions.
Preparation of the following:
1. Income statement for variance clients and agents along with bank
reconciliations.
2. Monthly reports of (Aging Report) at the end of periodic periods.
Maintain control over the financial activities by developing and adopting a
professional communication skill in an internal and external level.
Responsibility of maintaining a high quality level by setting and adapting a set of
procedures to create a professional financial control over the finical activities.
-My role undertake all/any responsibilities for activities within Sales, Cash Collection, Credit Collection, GeneralLedger, Purchasing, Banking, Loan Accounts, Payroll,
Inventory and the Cashier's Office, to ensure the integrity and correctness of all
financial data/ transactions.
-Reconciliation of accounts, inventory, sales, bank, etc.
The IPA has prepared us in a very professional way by making us be a part of Workshops, Discussions, Presentations, Exams andAccounting and Business applications that simulate the work field.