Senior Accountant
Alinma Food & Beverages
Total years of experience :16 years, 6 Months
• Strategic Planning: Evangelized the transformation of business & financial outlook and established financial strategies. Developed recommended and directed all short-term and long-range financial plans consistent with corporate philosophy and strategies.
• Finance & Accounts: Formulated, developed, and directed various financial verticals, such as financial and accounting systems, budgeting internal controls, decision support systems, auditing, journal entries, financial analysis, and long-range financial planning. Reviewed & posted all the accounting entries and maintained accurate information input in the accounting system.
• Accounts Receivable: Posted all the company’s invoices and bank receipts to obtain a clear picture of accounts receivables. Timely posted all the entries and reconciled them with the debtor’s account to eliminate variances.
• Accounts Payable: Managed the accurate and timely processing of invoices based on the payment terms. Reviewed invoices to ensure that all the information was accurate and complete.
• Logistics Management: Managed logistic issues such as booking shipments, liaising with shipping agents to clear the shipment, taking various quotes from shipping agents to get the best rate to ship the cargo, and updating the sales team about upcoming shipments well in advance. Constantly tracked the shipment and updated management about the arrival date. Allocated various costs before inventory was ready for sale. Entered inventory into the system by matching the LPO with BL and physical inventory count and updating the supplier in case of any discrepancy.
• Reconciliation: Conducted Fixed Asset functions during monthly close, including work order, accrual reviews, depreciation, analyses, and reconciliations. Identify, process, and review fixed asset-related transactions, including month-end accruals
• Financial Statement Preparation: Produced all the critical financial statements based on the prepared financial data of the company, including cash flow, balance sheet, P&L, audit reports, and regulatory reports.
• Financial Reporting & Forecasting: Produced and reported reports on expense management, aged receivables, and overdue payables to the management. Contributed to carrying out the forecasting on cash flow and balance sheet accounts. Presented Financial Reports, Income Statements. Balance Sheet & Cash Flow Statement & Analysis thereof.
• Liaison & Coordination: Coordinated with vendors from Spain, Italy china. Handled customers from GCC, providing them documents for clearing the shipment and sending an invoice to their bank for payment and following up with them till the payment gets released, making wire transfers in euro and dollars, coordinating with bank relationship manager to get the best exchange rate for especially for euro. making payments to vendors
• Team Management: Accountable for managing accounting and financial requirements and providing financial support, advice, and expertise to maximize value and deliver leadership, direction, and management to the finance and accounting teams.
• Entrusted to prepare Monthly Reports; Income Statement, Balance Sheet & Cash Flow Statement. Bank Reconciliation’s; collected data and developed detailed spreadsheets to identify trends and create revenue, profitability, and expense forecasts.
• Handled significant customers such as carrefour, lulu hyper markers, and toys stores such as Hamleys, toys, and other cooperative societies reconciled the accounts, and kept them updated to have accurate receivables.
• Administered 2 junior staff, including their professional development for promotion.
• Handled monthly, quarterly, and annual closings. Reconciled accounts payable and receivable.
o Responsible for functions such as credit, collection, accounts payable & receivable, supplier and auto-wire bank reconciliation, compiling financial reports, and conducting analysis. Assisting the Division Finance Manager in preparing MIS reports (cash flow income statement, balance sheet and key performance indicator & comments thereon).
o Playing a key role in administering, maintaining accounts receivable & payable, reviewing of aging reports, and analysing thereof. Handling more than 300+ accounts.
o Presenting sales report & stock report with DIO to management on daily basis with accuracy.
o Handling the POS system to maintain cash, apply CDC & PDC checks and manage bank wire transfers reconciliation and petty cash reimbursement for entire outlets.
o Reviewing vehicle inventory on monthly basis and reporting to the management about inventory levels deviation from budget.
o Taking up initiatives in improving collection process by discovering backlogs in unapplied cash aged reconciling items.
o Presenting the sales mix break analysis to the top management.
o Assisting the management in the preparation of the business plan.
o Managing Inbound Telephone Calls, E-Mails, and Letters to contact debtors and ensuring that the payment is made for the outstanding. Interfacing with Internal & External Auditors during the audit process.
o Reporting to the management on outstanding issues and informing them early of potential debtor’s problems.
o Contributing to the resolution of all problems for clients e.g. copy invoices, proof of delivery, and credit notes.
Accounting Specialist
Recording of invoices
Checking bank statements monthly and recording bank transactions
Checking intercompany balance regularly
Recording of petty cash transactions
Recording of personnel-related transactions (advance, telephone, slop chest)
Reconciliation of supplier accounts on a monthly basis
Daily checking of vendor account with debit and credit balance in the system to match payments made against invoice recorded
Monthly checking of temporary account and transferring amounts to final accounts (deferred expenses like insurance and accrual of interest expenses)
Issuance of intercompany receipts
Preparation of sales invoices
Execute depreciation and valuation transaction code in SAP
Skills
JOB REQUIREMENTS:
Bachelor’s degree in Business Administration, Accounting other qualified disciplines of reputable universities. Master degree in related departments is a plus,
Minimum 3 years of Accounting experience
Experienced in SAP and other ERP
Excellent command of English, both written and spoken
Excellent command of Portuguese language, both written and spoken, is a plus
Knowledge about accounting and financial terminology is a must
Knowledge of Microsoft Office programs including Excel, Word, PowerPoint and Access
Strong communication and follow up skills
Team player, analytical, dynamic, result-oriented and proactive, eager to learn
Accounting & Financial Management
