Hussam Smadi

variances report with recommendations to the

• Prepared, reviewed and finalized the financial reports
including statement of financial position, statement
of comprehensive income and statement of cash
flow.
• Responsible for balance sheet reconciliation and
prepared financial reports based on horizontal and
vertical analysis results for the management prompt
review.
• Applied cost accounting methods to analyze cost
center performance and submission of a report to
the management for decision making.
• Responsible for preparation of audit file, coordinated
with auditors for smooth completion of the audit
process and recording of audit adjustments.
• Comparison of actual vs the budgeted result and
submit variances report with recommendations to
the management.
• Monitored of debtors & creditors ledgers
reconciliation and bank reconciliation on a monthly
basis.
• Worked with the internal auditors during financial and
operational audit.

• Effective leader and supervisor on the
management team, meeting own
objectives while simultaneously helping
other managers achieve their goals.
• Target and assign all significant
responsibilities.
• Ensure the companys profitability,
liquidity, and solvency; making sure it
earns the maximum return on liquid
assets and incurs minimum expenses on
borrowed capital.
• Ensure that margins on jobs are
maximized through cost recovery.
• Forecast financial future and anticipate
monetary needs of company, maintaining
its creditworthiness.
• Report the companys financial condition,
operations, contingencies, and
opportunities accurately and completely.
• Internal and external financial reporting.
• Monitor and forecast the companys
financial status.
• Establish and maintain internal accounting
controls.
• Hire, train, and motivate Finance
Department employees.
• Organize and accurately assign
responsibilities, gauging the skills of staff
members.
• Ensure that the Finance Department is an
asset to all other departments.
• Appreciate and encourage the work of
staff members, increasing productivity.
• Represent company in financial matters,
effectively communicating information
• Manage companys income tax planning
and compliance.
• Efficient HR administration on a company-
wide basis, ensuring employment policies
are consistent with applicable laws.

Maintain full charge of all accounting functions including
cost accounting, accounts payable, accounts receivable,
general ledger, financial reporting, fixed assets,
inventory control, and payroll. Manage the accounting
department staff, and worked closely with business
managers to review costs, reconcile variances and
identify areas for productivity and cost improvement.
• Coordinated the end of month closing process to
ensure all corporate deadlines are met and
information is presented in accordance with GAAP.
• Prepared monthly financial reports, reconcile
complex fixed assets accounts, and provided reports
to management regarding significant expenditure
fluctuation.
• Performed bank reconciliations, account
reconciliations between the general ledger and
financial statements.
• Prepared monthly closing entries.
• Recorded financial transactions by entering account
information.

Performed a full spectrum of accounting functions for a
large jewelry corporate. Administered accounting
operations for 5 branches. Specialized expertise in cost
accounting practices.
• Prepare, review and submit annual budget for the
entire corporate
• Audit field managers expenses and adjust for
allowable reimbursement according to the guidelines
as set by the management.
• Analyze expense reports and provide
recommendations on cost reduction practices.
• Educate and train field managers on expense
tracking, allowable expense reimbursements and
submission guidelines.
• Enter general ledger data, ensuring correct coding for
payments are accurate in the system.
• Prepare journal entries, working papers and
departmental analysis for quarterly and year-end
audit.
• Participate in accurate and timely monthly closes for
multiple sites; closing procedures include bank
reconciliation, revenue analysis, reconciliation of
general ledger accounts, and preparation of financial
statements; prepare, review, and reconcile balance
sheet.
• Evaluate business processes for effectiveness and
efficiency in order to provide recommendations for
improvements.

• Prepared, reviewed and finalized the financial reports
including statement of financial position, statement
of comprehensive income and statement of cash
flow.
• Responsible for balance sheet reconciliation and
prepared financial reports based on horizontal and
vertical analysis results for the management prompt
review.
• Applied cost accounting methods to analyze cost
center performance and submission of a report to
the management for decision making.
• Responsible for preparation of audit file, coordinated
with auditors for smooth completion of the audit
process and recording of audit adjustments.
• Comparison of actual vs the budgeted result and
submit variances report with recommendations to
the management.
• Monitored of debtors & creditors ledgers
reconciliation and bank reconciliation on a monthly
basis.
• Worked with the internal auditors during financial and
operational audit.

• Reviewed and analyzed financial records to ensure
that all data was accurate and in compliance with
the industry laws and regulations.
• Provided beneficial support to various managers and
executives on any finance-related issues and
identified and communicated with potential clients.
• Assisted in the accounts payable, accounts
receivable, fixed assets, and conducted detailed risk
assessments.
• Prepared and maintained audit working papers, pro-
actively participated in team meetings with the board
of directors, completed monthly reports and
performed other duties as required.
• Engaged in the audit process for more than 35 clines
with different industries, activities, and backgrounds