Chief Accountant
National Polyethylene Company
Total years of experience :13 years, 10 Months
•Managed treasury and cash flow movement by establishing and maintaining robust controls for the accounting system so as to optimize spending and budgeting, beside issuing LCs and LGs
•Managed end of month closing process, ensuring that accurate records were maintained
•Planned, coordinated, and supervised a team of 6 accountants, successfully finishing and submitting an accurate monthly reports 2 days before the deadline
•Compared and analyzed year-over-year financial performance metrics for the same period in consecutive years, reporting on unfavorable variances for further analysis and adjustments
•Organized a chart of accounts, ensuring precise tracking of financial transactions
•Analyzed AR delinquent accounts, resolved discrepancy, resulting in dramatic decrease of ADD
•Being a focal point of contact to furnish enquiries raised by external auditors and ZTCA
•Enhanced collaboration with sales team to address customer satisfaction and retention
Developed and maintained accounting internal controls, ensuring reliable financial reporting.
Reviewed and reconciled AP, AR, Fixed assets, Other GL accounts and approved bank reconciliation statement.
Created an adjusted trial balance and prepared financial statements.
Used MS excel to present financial data analytics, comparing year-over-year performance.
Managed cash flow and banking facilities.
Reconciled general ledger accounts and prepared financial statements .
Analyzed accounts receivable, resulting in correction of errors amounting to SR0.7 M
Produced monthly reports, assisting executive management in decision-making process.
Controlled inventory stock by monitoring inventory levels while managing ordering and receipts.
Mafaz company owns a franchise, namely Kwik Kopy Business Center- KKBC . The franchisor being the International Center for Entrepreneurial Development - ICED. Which is based in Texas, USA.
Responsibilities include, but not limited to the following :
Close up of daily sales invoices using Print Smith software, identifying gross margin percentage by invoice and customer.
Executed the full-cycle accounting operations, reporting to Finance Manager in Mafaz company.
Reconciled AR, AP, and all other ledger accounts on monthly basis, ensuring accurate accounts records.
Carried out the duties of the finance manager in Mafaz company during his annual vacation/ trips, providing satisfactorily success.
Prepared tax calculation and filing of tax returns.
Checked the documents supporting payment orders, assisting Country Accountant approving payment release.
Mentored field accounts on daily basis, correcting some journal entries via Great Plains Software.
Managed end of month close process, ensuring accurate reconciliation accounts with ultimate approval for cash and bank balances.
Participated with the Country Accountant in preparing financial reports submitted to HQ office in Dublin.
Attended the daily standup meeting, summarizing and updating the " to-do list" .