Ibrahim Mustafa Elsewedy

1. Posting the daily journal entries on the system.
2. Prepare journal entries for prepaid expenses, accounts payable, accrued expenses, various expense accounts, and other required allocations.
3. Maintain accurate supporting documents for the handled entries.
4. Maintain all payment filling and records.
5. Ensure all reporting complies with the firm's policies and procedures.
6. Responsible for the reconciliation of all the accounts (debtors - creditors - suppliers -clearing acc. -affiliated companies- etc.) and verify balances in various accounting systems.
7. Generate accurate financial statements on a timely basis . Provide all related supporting documents to external and internal parties during periodic audits.
8. Coordinate with the Treasury department regarding the bank lines of credit or any related banking issues.
9. Create and update workflows, systems and chart of accounts that facilitate and improve the finance
team’s performance. Consider group activities, objectives and market rules. Use the required connections internally and externally.
10. Provide all required financial data needed for decisions support.
11. Develop communication channels between the Finance department and other departments within the firm to facilitate workflows.
13. Manage, prepare and communicate all necessary requirements for governmental, regulatory and tax authorities ZATACA.
14. Submitted monthly management financial report to the director of finance and CEO, that showing the actual results from the trial balance versus the budget and forecast.

1. Record the daily journal entries on the system.
2. Prepare journal entries for prepaid expenses, accounts payable, accrued expenses, various expense accounts, and other required allocations.
3. Maintain accurate supporting documents for the handled entries.
4. Maintain all payment filling and records.
5. Ensure all reporting complies with the firm's policies and procedures.
6. Responsible for the reconciliation of all the accounts (debtors - creditors - suppliers -clearing acc. - affiliated companies- etc.) and verify balances in various accounting systems.
7. Generate accurate financial statements on a timely basis and ensure that they follow the generally accepted accounting principles and standards. Provide all related supporting documents to external and internal parties during periodic audits.
8. Coordinate with the Treasury department regarding the bank lines of credit or any related banking issues.
9. Manage, prepare and communicate all necessary requirements for governmental, regulatory and tax authorities.
10. Provide all required financial data needed for decisions support.
11. Work proactively with the group head of finance on key issues and opportunities. Analyze and monitor any changes that would affect the companies under his scope.
12. Develop communication channels between the Finance department and other departments within the firm to facilitate workflows.
13-Prepare Financial reporting quarterly and work with the external auditor to get the confirmed Financial reporting and applied to Ministry of commerce and Saudi central Bank.

• Responsible of:
A/R: Account receivable for Bcare clients and insurance company.
A/R: Prepare and revising commission revenue from insurance company.
A/R & Revenues: Create VAT invoice to insurance companies.
A/P: Prepare producers commission.
F/A & Expenses: Create Journal ledger entries by recording purchasing invoices from vendors, And petty cash expenses
C/A & A/P: Recording daily cash in.
Reporting: Prepare Monthly Bank reconciliation.
Reporting: Update customers with statement of account.
Follow up customers beings of outstanding balances.
Support with finance manager in preparing financial statements and closing accounting periods

-Filling all original documents for all transaction to help external auditors in their check and review our accounts to prepare their report that we are submitted our statements as per as SAMA.

Accounting system used:

1- Previous program integrated insurance management system (IIMSI),

2- ESKADENIA(ERP) Software.

3- Oasis E -Broker system.

• A- Review proposal insured risk before issuance policy.
• B- Review any general insurance proposal, medical Declaration and requirement document to help underwriting department to calculate suitable premium.
• C- Review the risk of any insurance product before pass endorsement (Additions, Deletions and corrections)
• D- Review proposal of document cancellation as rules requirement.
• Managing the Operations and Sales Support department activities.
• Training and coaching the Operations and Sales Support Officers
• Negotiating with insurance companies the quotations and presented commissions.
• Assist in selecting and specifying the core products that the company will focus on.
• Prepare and maintain manuals for all department processes and activities
• Build operation plan for all needed to get high quality results.
• Create service level agreement (SLA) with Agencies.
• Supervise on 60 branches all over KSA.
• Revise SAUDI ARABIAN MONETARY AGENCY (SAMA) and COUNCIL CORPORATE HEALTH INSURANCE (CCHI) requirements for all insurance products to improvement our qualifications and solve any complaints.
• Support of technical solutions for agent’s users from creations.
• Solutions of policy issuance issues for retails sales to increase and don’t loss productions.
• Coordinates and prepare with agencies for all insurance products, quotations, fleet requirements, claims, underwriting, rates.
• Supervise on daily due amount for 60 branches with Two assistant accountants.
• Supervise on branches to scan document and document controller to archive policy issuance and cancellations documents on DMS SYS.
• Follow-up with different departments on outstanding matters
• Production analysis by using chart.
• Follow-up with new and upcoming projects with different segments of the market through different media sources including I.T. facilities
• System in use ESKADENIA(ERP) & TAAMIN medical system(Oracle) and previous system IIMS.

1- Create entries by recording daily financial bank transaction to close bank reconciliation as fees, withdrawal Cheque or Deposit and transfer on my responsible account.
2- Accordance among statement of account and general ledger to be sure of posting all transactions.
3- Bank reconciliation of my responsible account.
4- Prepare Cash flow.
5- Claim payment.
6- Check outstanding of Customer.
7- Internal audit in agent statement of account, broker by Statement of account before issue cheque for broker commission.
8- Netting between policy premium and receipt voucher.
9- Sales Men outstanding.
10- Account daily due amount and outstanding of agencies.
11- Filling all original documents for all transaction to help external auditors in their check out and review our accounts to prepare their report that we are submitted for SAMA as required.
12-Previous program integrated insurance management system(IIMS), ESKADENIA System.

Responsible of account customers, suppliers, banking:
1- Daily journal entry regarding to receipts.
2- Book keeper of customers, suppliers and Banks accounts ledger to be posted the daily entries.
3- Tally customers, suppliers and banks balance in ledger with trial balance.
4- Assist accounting manager with balance report of customers, suppliers and banks to prepare the quarter and yearly financial statement.