Hazem Ashour,  Senior Accountant- Reporting & Credit Control

Hazem Ashour

Senior Accountant- Reporting & Credit Control

Dentsu Aegis Network

Location
United Arab Emirates - Dubai
Education
Bachelor's degree, Accounting
Experience
12 years, 5 Months

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Work Experience

Total years of experience :12 years, 5 Months

Senior Accountant- Reporting & Credit Control at Dentsu Aegis Network
  • United Arab Emirates - Dubai
  • My current job since May 2020

• assist in the preparation of financial reports such as financial statements, budget performance, and interim required financial reporting as well as accounts analysis and reconciliations,
• Review and analyse financial statements for necessary tax adjustments and prepare periodic tax reports,
• Accumulate, analyse, and process financial accounting data to prepare tax returns, estimated tax payments, forecasts, and financial accounting estimates of tax,
• Making monthly forecast for cash collection during the month,
• Preparing Aging report and client SOA and distributed for over 200 clients,
• Follow-up for payment collecting locally and internationally,
• Follow-up internally across ten companies with business leaders to resolve any disputes raise with clients,
• Making suggestion to improve collection and credit control cycle,
• Maintain credit control process before dealing with any client to ensure all invoices can be collected and making sure the company will note lose from this business.
• Following-up with insurance company for client insurance and their limit, and making sure of escalating any disputes invoices for insurance company,
• Reporting for the group Credit in controller in UK for monthly collection,
• Established communications with clients to ensure timely payment

Senior Accountant at Ali & Sons Contracting
  • United Arab Emirates - Abu Dhabi
  • January 2017 to April 2020

• Manage AP team to ensure operational excellence in delivery of day to day AP activities,
• Responsible for of all AP accounting processes, ensuring books are up-to date and show accurate position,
• Accountable for all AP controls within team, making sure to prevent duplicate payments, mitigate fraud risk and ensure regulatory requirements met (e.g. Tax compliance),
• Supplier Accounts Reconciliation: Review and Reconcile supplier accounts and supplier statements, reconcile the balance payable / due, resolve discrepancies with suppliers; to ensure accurate accounts payable at any point of time,
• Fund requirements: Review bank statements and monitor the balances, raise Fund Requests to line manager to arrange fund to ensure all payment paid on time,
• Accounting Process Improvements: Provide suggestions to improve the accounting policies & procedures, and control systems,
• Compliance & Audit: Ensure that all Payments, reports and statement comply with company policy procedures and accepted practices.
• Responsible for all Tax transaction in company and with other parties Acts as the point of contact and works closely with internal departments and Business Units’ direct and indirect taxation matters,
• Reviewing the tax compliance, tax reporting and tax filing requirements for the Group,
• Assisting with the establishment of appropriate tax systems and processes regarding pending laws, tax policies, industry changes, trends and best practices,
• Ensuring of booking and recording liability in same month.

Management Accountant at Ali & Sons Contracting Company LLC
  • United Arab Emirates - Abu Dhabi
  • March 2015 to December 2016

•Preparing financial statements and disclosure notes in accordance with International Financial Reporting Standards (IFRS) and other statutory requirements,
•Monitor all general ledgers accounts together with costing efforts and their supporting transaction documents in addition to periodic reporting to management regarding the financial status of the establishment,
•Develop and implement all aspects of financial accounting activities such as invoicing, payroll, management and payment of suppliers and customer credit in accordance with company policies,
•Prepare, complete, review and submit tax returns within the filing deadlines in compliance with tax laws,
•Scrutinize transfer vouchers, journal vouchers, cash/bank vouchers, adjustment vouchers invoices, receivables/payable and revenue reports,
•Debtors and Creditors Control, supervision of accounts payable and accounts receivable teams.
•Preparation of weekly and monthly bank reconciliation statements, and
•Preparation of monthly & quarterly cash flow forecast to ensure efficient cash management and funds availability to meet on-going operational and capital investment requirements.

General accountant at Ali & Sons Contracting LLC
  • United Arab Emirates - Abu Dhabi
  • May 2014 to March 2015

• Inter-company cross charges review and coordination with Inter-company team and Accounting Providers,
• Responsible for management of accounts payable - verified invoices, oversaw purchase of supplies,
• Responsible for management of accounts receivable - provided services to monthly clients, completed billing invoices, ensure checks received match the record in the general ledger,
• Update and enhance the company policies, procedures, processes and internal controls,
• Audit contracts, orders, and vouchers, and prepare reports to substantiate individual transactions prior to monthly close process,
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Intercompany cross charges review and coordination with Intercompany team and Accounting Providers,
• Responsible for management of accounts payable - verified invoices, oversaw purchase of supplies,
• Responsible for management of accounts receivable - provided services to monthly clients, completed billing invoices, ensure checks received match the record in the general ledger,
• Update and enhance the company policies, procedures, processes and internal controls,
• Audit contracts, orders, and vouchers, and prepare reports to substantiate individual transactions prior to monthly close process,
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.

Operation Officer at Arab Bank PLC
  • Palestine - West Bank
  • December 2011 to May 2014

1- Responsible for monitoring cash balance cross 26 branches.
2- Comminute with Palestinian Monetary Authority (PMA).
3- Control cash surplus account in Palestinian branch's.
4- Control and monitoring account balances for ATM'S.
5- Adjusting balance for the Palestinian Arab Bank branch's

Education

Bachelor's degree, Accounting
  • at Al Qudes university
  • July 2011

very Good

Specialties & Skills

Time Management
Daily Operations
Team Management
MS office
ERP System " Oracle & SAP "
communication skills
team leader skills
Credit Control
Internal Control
Contract Management

Languages

English
Expert
Arabic
Native Speaker

Memberships

Federal Tax Authority
  • Tax Agent
  • November 2019

Training and Certifications

Association of Tax techniques (Certificate)
Date Attended:
March 2019
CPA (Training)
Training Institute:
Morgan International
Date Attended:
July 2014
Duration:
100 hours