Chief Accountant
Mohamed Nassar Al Hajery &Sons Co.
مجموع سنوات الخبرة :24 years, 3 أشهر
Expenses Analysis of each department and compare with budget and last year.
Monitoring the expenses and do necessary provision for the expenses and income.
Presenting the P&L to the management on a quarterly basis and making the review.
Management of Prepaid expense.
Management of Accrued expenses.
Management of Fixed Assets
Customer wise analysis for each Supplier and making review with the directors and follow up for the action against loss making customers
Presentation of the General and Administration expenses to the Management after review
Preparation of Stock aging on a monthly basis
Provision for slow moving stock on a monthly basis
Preparation of Stock cover for each supplier on a monthly basis
Checking of the bank reconciliations
Preparation of the Bank suspense account
Review of the supplier claims account
Preparation of receivable ratio on a monthly basis
Any adhoc reports as required by the management
Meets time-deadlines for KPI reports for all levels of management.
Aging report & Receivable management.
Ensure stores cash collection & bank reconciliation are done in timely intervals.
Aging report & Payable management includes closing and opening of accounting periods.
Develops the Cost-in factor in conjunction with Logistics and Brand management based on series of variables i.e. Freight; Customs; FOREX; and other costing elements.
Monitors the stock movement i.e. stock receipts; stock transfers; stock write-off; stock sold.
Ensure accounting controls and procedures are maintained as per the standards.
Management of Fixed Assets i.e. Addition, retirement, transfers and monthly depreciation.
Ensures that the audit deadlines are met and all recommendations are implemented over an agreed period of time.
Accounts should be maintained as per international accounting standards.
Preparation of Budgets and variance analysis with the actual approved figures.
Management of the provisions and accruals.
Preparation of store P&L, Simulated P & L and consolidated P&L Monthly with necessary
reports.
Preparation of Quarterly Balance sheet and attach the necessary supporting.
Prepare Monthly and weekly cash flow and compare with the foretasted data.
Management of accounts receivables.
Management of suppliers.
Prepares, verifies, and posts payment checks to appropriate vendors and/or agencies.
Reconciliation of supplier statements and inter-company receivable/payable accounts.
Reconciliation of Bank statements.
Month end closing process of accounts receivables.
Management of 1700 Suppliers and Sub-contractors of huge volume of payable matching with procurement and stores documents.
Reconciliation of Vendor's Statement of Account. Following up on invoice to ensure timely payment processing.
Auditing of invoices for discrepancies.
Ensuring Distribution and Coding is correctly done.
Answer vendor inquiries, account analysis and address all other vendor issues on a timely basis.
Prepares of accounting documents - e.g., purchase control, ledgers, journal vouchers, payable Trial balances, time sheets, and pay records.
Reconciles general ledger and subsidiary accounts payable.
Processing of 1650 Personnel Payroll issues.
Management of Trade Payable Receivables.
Preparation of various types of reports for management purpose.
Analyzing day tot day cash position.
Preparation of Bank positions and management of funds.
Preparation of cash flow and fund flow statement.
Majored in Finance