Finance And Administrative Advisor
ASAS HOME CO. for General contracting for Buildings
Total years of experience :13 years, 9 Months
with more than 15 years of increasingly responsible experience in:
• General accounting, financial planning and reporting
• Developing Accounting Systems based on Database.
• Performing calculations, analyzing information and managing lists.
• Recording (Journal entries - General ledger -Trial Balance)
• Financial statements preparation.
Purchasing Raw materials, Costing for Productions .
• Preparing journal entries.
• Implementing financial and accounting procedures approved .
• Preparing monthly adjustments.
• Participating in the periodic and annual inventory of materials and fixed assets and match them with their own accounts.
• Supervising the registration and transfer of book entry bonds.
•Supervising the preparation of the balance of the audit and periodic financial reports, studying and analyzing, and then submitting them to the Director of Finance for approval and presentation to financial management.
•Financial reporting at the end of each period.
•Supervising the preparation of salary scales and wages for staff and ensure the Correct preparation of these tables.
•Following up banks, facilities contracts and issuing (LG, LC .......ETC).
•Supervising the recording of transactions in payable accounts and issue their payment orders at specified times.
•Preparing settlement restrictions at the end of the financial period based on the instructions of financial management.
•Providing all the information and clarifications required by the
work of other sections of the Assembly and the work of external auditors and work to facilitate their task.
•Preparing final accounts at the end of the financial year.
• Prepare journal entries.
• Assist with operational and financial audits.
• Reconcile and balance general ledger accounts.
• Maintain the general ledger chart of accounts.
• Assist with internal control evaluations.
• Post monthly, quarterly and yearly accruals.
• Assist with budget preparation and monthly budget variance analyses.
• Maintain and reconcile fixed asset schedules
• Following up for store & making all register of days for it.
• Calculation of salaries for employees of the company and annual leave and the end of their service.
• Managing bank facility documents and making required communications to the bank
• Interacting with banks about accounts, especially with regard to loans and other payables to banks
• Monitoring short, long term loans and advances against promissory notes in regard to repayment to banks
• Interest calculations and on time settlement of the same to avoid the bank accounts exceeding the facility limit
• Managing the repayment schedule and making the repayment on time
• Update and submit daily bank report to monitor daily bank position
• Supervision of bank vouchers to make sure interest and other charges are debited adhering to facility rates
• Handling issuance of guarantees and letters of credit
• Accurate accounting of all vouchers as per the generally accepted accounting principles
• Review, verifying of accounts records and making bank reconciliation and passing adjusting entries if required
• Process payment certificates to effect payments to suppliers
• On time monitoring and preparation of the schedule for payments to suppliers and subcontractors to issue payments
• Plan, forecast and schedule for payments to suppliers and subcontractors
• To initiate and prepare payments to suppliers & subcontractors for management’s approval
• Project costing, allocation of expenses to the accurate cost centers
• Confirm the accurate cost booking pertaining to projects being closed at the end of fiscal year and create required provisions for costs to close the projects in the books of accounts. To coordinate with the department heads in this regard.
• Closing of provisions if necessary for year closing and to create new provisions
• Supervision of accounting staff with regard to verification of accounting vouchers and records, preparation of monthly reports
• Act as a team leader
• Prepared financial statements