Chief Accountant
Advanced Electronics Company
Total des années d'expérience :20 years, 11 Mois
▪ Supervise cash management activities including AP, AR and inventory to meet business and investment needs and to manage the working capital.
▪ Present cash flow, cash status and financial reports to the senior management on a weekly basis.
▪ Control General Ledger and Chart of Accounts in ERP and oversee the accounting operations of payroll, bookkeeping, financial control and financial reporting.
▪ Run the monthly trial balance and make all the necessary adjustments through Journal Entries and ensure monthly and yearly closing before the due dates.
▪ Review key financial statements, P&L analysis and assure the reconciliation of the balance sheet including the bank and credit card accounts within 10 days after the month end closings.
▪ Automated bank reconciliation report templates, eliminated the manual processes, saved 50% time & efforts.
▪ Collaborate with external and internal auditors to ensure successful audit results and compliance.
▪ Achieve 95% department objectives by analyzing expenditures, variances and initiating corrective actions.
▪ Implemented measures and controls to improve 20% efficiency in the daily operations and to cut costs.
▪ Develop and monitor policies and procedures and align it with the KPI and the financial goals and the company’s strategy.
▪ Audit all petty cash vouchers, receipts and approve replenishment of petty cash funds.
▪ Lead the treasury operation, handle LCs and LGs and negotiate with the banks for hedging and forex investments and competitive currency rates for liquidation and purchasing of foreign currencies.
▪ Analyze foreign currency gain/loss statements and prepare the exchange gain or loss journal entries.
▪ Check and approve monthly and yearly accrual, depreciation and amortization journal vouchers and record in ERP with proper documentation.
▪ Coordinate with IT teams to enhance and upgrade the finance ERP module and resolve technical issues.
▪ Analyze the revenue and expenses according to the different departments and budget allocations.
▪ Ensure compliance with Corporate Policies & guidelines, applicable GAAP, and legislation requirements.
▪ Executed assurance and advisory Internal Audit projects and inventory observations.
▪ Prepared annual budgets, forecasts, and reports to guide financial decision making.
▪ Oversaw the accounts-payable function, ensuring that all payments are accurate and timely and authorized with appropriate supporting documentation and all payables are tracked and reconciled.
▪ Developed and implemented effective accounting processes and internal controls.
▪ Liaison with the CPA firm to file the quarterly and yearly taxes and timely year-end audits.
▪ Slashed the payroll and benefits cost 30% by negotiating prices and fees with the service providers.
▪ Completed long range fiscal planning to show projections of revenues, expenditures, and fiscal matters
▪ Eliminated the hidden costs in the budget, and presented it to the CEO and Board of Directors for approval.
▪ Managed the finance department, supervised, and trained the accounting and HR staffs.
▪ Communicated with the government and the private agencies to release the due funds on time.
▪ Oversaw the customer and government collection of the company setting the collection goals and policies.
▪ Planned and produced financial audits to get financial statements as per GAAP and IFRS standards.
▪ Developed and communicated work plan schedules on each project to Engagement Manager and engagement personnel.
▪ Identified and communicated accounting and auditing matters to Managers and Partners.
▪ Built and merged audit plans and audit checklists based on risk assessment of the audit areas.
▪ Compiled and presented audit findings, maintaining the consistency of the approach in audit engagements.
Dean's List for scholastic activities at University of the Cumberlands, KY - achieved the highest grades in college in BS in Accounting.