Senior Accountant
Al-Majdouie Group
Total years of experience :17 years, 11 Months
Job Duties:
Invoicing
• Reviewing invoices (credit period and payment terms) and account statements.
• Revising checks with processing and maintaining up-to-date billing system.
Collection
• Following up, collecting, and allocating payments.
• Making sure the payments are collected on time.
• Recording & Controlling the collected payments.
• Maintaining Account Receivables which includes controlling on customer accounting & reviewing receivable transactions.
• Verifying receivables balances and monitoring the customer's balances.
• Monitoring the credit policy in contracts for each customer and whether it is implemented correctly or not.
Reporting
• Preparing sales report.
• Preparing aging report.
• Preparing collections report.
• Preparing the bank reconciliations.
• Preparing the customers reconciliations.
Others
• Reviewing and recording AP invoices with ensuring the availability of all required supporting documents as per the corporate policy.
• Overseeing GL accounts with adjusting the recorded entries if needed.
• Maintaining the supplier’s reconciliations before payments.
• Leading the annual physical count for the operational and non-operational fixed assets for Eastern and Central Provinces.
Al Khobar Branch Accounts
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Job Duties:
• Reviewing all the showroom invoices (cash/credit) and preparing the needed adjustments.
• Maintaining, reviewing, and adjusting the internal accounts between Hyundai divisions in Khobar branch (such as workshop with spare parts).
• Maintaining the daily entries on the system.
• Preparing bank reconciliation.
• Preparing the cash customer reconciliations for all divisions in Khobar branch and ensure that the balance on AR is reconciled with GL and preparing adjustments if needed.
• Closing accounts for all divisions and preparing adjustments if needed.
• Daily physical inventory of the treasury in Khobar branch.
• Physical inventory on the end of the year for all the branch divisions (spare parts/equipment/cars/check/cash).
• Preparation of the branch’s petty cash reimbursement.
• Reviewing the draft of the payroll before processing it.
Job Duties:
• Recording the suppliers’ invoices on the system after reviewing all supporting documents and preparing the payments.
• Preparing the suppliers’ reconciliations.
• Reviewing the head office expenses including utilities, shared services, etc.
• Preparing the bank reconciliation.
• Coordinating with HR department to process the monthly salaries.
• Preparing the group divisions reconciliations.
• Preparing the petty cash reimbursements for all the projects.
Job Duties:
• Recording the daily entries.
• Reviewing the temporal petty cash for all sites.
• Physical inventory (yearly and sudden).
Job Duties:
- Ensures compliance with established internal control procedures by examining records, reports, operating practices, and documentation.
- Verifies assets and liabilities by comparing items to documentation.
- Completes audit workpapers by documenting audit tests and findings.
- Appraises adequacy of internal control systems by completing audit questionnaires.
- Maintains internal control systems by updating audit programs and questionnaires; recommending new policies and procedures.
- Communicates audit findings by preparing a final report; discussing findings with auditees.
- Complies with federal, state, and local security legal requirements by studying existing and new security legislation; enforcing adherence to requirements; advising management on needed actions.
- Prepares special audit and control reports by collecting, analyzing, and summarizing operating information and trends.
Accounting