Hiba Al-Masri

-Managing and overseeing the daily operations of the accounting department including:
• Month and end-year process.
• Accounts payable/receivable.
• Cash receipts, general ledger. Payroll and utilities.
• Treasury, budgeting and cash forecasting.
• Revenue and expenditure variance analysis.
• Capital assets reconciliations.
• Trust account statement reconciliations.
- Monitoring and analyzing accounting data and produce financial reports or statements.
- Establishing and enforcing proper accounting methods, policies and principles.
- Coordinating and completing annual audits.
- Providing recommendations.
- Improving systems and procedures and initiate corrective actions.
- Assigning projects and direct staff to ensure compliance and accuracy.
- Meeting financial accounting objectives.
- Establishing and maintaining fiscal files and records to document transactions.

Handling accounting tasks from A to Z.

-Devised job descriptions for“Accountants”and“Controllers”of sales accounting.
-Audited daily sales, sales return, consignment, consignment return, purchases from customers and receipts transactions.
-Managed the registration of banks transfer and credit note and reonciliation for bank accounts.
-Scanned and created an archive system for customer’s consignments and other corporate documents.
- Prepared regular various reports to CFO.

-Maintained chart of accounts in conformity with the Lebanese Chart of Accounts and in coherence with the required tax declarations and requested managerial reports.
-Ensured accounting transactions are in conformity with the requirements of the Lebanese laws.
-Advised, pursued and monitored cash management policies and guidelines established by management in collaboration with banks in order to optimize returns while maintaining required liquidity objectives.
-Developed and maintained internal control and effective accounting system and policies.
-Performed analysis and provided recommendations on cost reduction opportunities.
-Reviewed steps concerning an overseas purchase (freights, charges, bank transfer…).
-Prepared timely reports/data.
-Reviewed banks and third parties reconciliations..
-Handled monthly, quarterly and annual closings.
-Prepared tax declarations (Tax on Salaries, V.A.T & NSSF).
-Controlled final trial balance and P&L in coordination with the internal auditor.

-Prepared necessary documents and payments related to the NSSF, VAT Declaration, R10, R5, R6, R3, R4, R7.
-Reviewed adequacy of provisions whether related to contingencies or other charges (end of service indemnity…).
-Took charge as an accounting controller (analyze, control and review revenue and expenditure trends and recommend appropriate budget level -QRC health care project and other projects).
-Established, maintained and coordinated the implementation of accounting control procedures based on cost center.
-Prepared budgeting reports and forecast revenues.
-Interacted with various departments to review & validate financial information.

-Managed data entry, reconciliations (A/P, A/R, Banks) and inventory.
-Prepared VAT declaration and assisted external auditor in INCOME TAX declaration preparation.