Kareem Gaber Ibrahim Hassan, Financial Controller

Kareem Gaber Ibrahim Hassan

Financial Controller

Gulf Oilfield Supplies & Services LLC

Location
United Arab Emirates - Abu Dhabi
Education
Bachelor's degree, Accounting
Experience
14 years, 11 Months

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Work Experience

Total years of experience :14 years, 11 Months

Financial Controller at Gulf Oilfield Supplies & Services LLC
  • United Arab Emirates - Abu Dhabi
  • My current job since May 2021

•Designing & implementing systems, procedures & manuals for the preparation & maintenance of statutory books of accounts and financial statements; ensuring compliance with time & accuracy norms.
•Heading Accounts & Finance functions involving determining accounting objectives, implementing systems and framing policies & procedures to facilitate process control.
•Formulating budgets, planning activities, leading to development & implementation of plans; leading entire accounting team functions.
•Planning & executing monthly/quarterly/annual closure schedules; providing monthly financial statements; administering monthly closing process and ensuring reclassification & accounting of wrong or unaccounted entries.
•Ensuring adequate procedures for tax interviews.
•Evaluating internal control systems/procedures with a view to highlighting the shortcomings and implementing necessary recommendations.
•Analyzing financial discrepancies and recommending effective resolutions.
•Assisting in auditing activities by providing necessary information and preparing requested documentation.
•Conducting variance analysis to determine the difference between projected & actual results and implementing corrective actions for the same.
•Ensuring compliance with accounting deadlines; preparing asset, liability, and capital account entries by compiling and analyzing account information.
•Administering & verifying the documentation, pay slips & controls for all payroll-related activities and attaining approvals on consolidated salary advice.

Chief Accountant at Drilltech Oilfield Equipment Manufacturing LLC
  • United Arab Emirates - Abu Dhabi
  • June 2019 to May 2021

• Manage and oversee the entire accounting team.
• Conduct all necessary trainings to keep the team’s skills and knowledge up to date.
• See that tax interviews are conducted properly with clients.
• Ensure that all necessary documents are requested, collected, and compiled.
• Review corporate and personal income tax returns to ensure accuracy.
• Advise business owners and individuals regarding the tax code.
• Oversee the processing of state and federal payroll taxes.
• Maintain current and garner new client relationships.
• Monitor and mentor/train junior staff, clerks, and bookkeepers.
• Detect and address potential compliance issues proactively.
• always Maintain compliance with all state and federal regulations.
• Uphold the excellent reputation of our firm.
• Maintain constant communication with IRS, State Agencies, and our clients.
• See that tax consults and onboarding procedures are in place for new clients.
• Maintain highly organized and updated client files.
• Work collaboratively with other teams to achieve shared goals.
• Report directly to Operations Manager.

Chief Accountant at Minova Fire Fighting & Industrial Products Mfg
  • United Arab Emirates - Abu Dhabi
  • June 2018 to June 2019

Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
Produces payroll by initiating computer processing; printing checks, verifying finished product.Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
Avoids legal challenges by complying with legal requirements.
Secures financial information by completing database backups.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.

Accounting Manager at United Tires FZC
  • Egypt - Alexandria
  • June 2013 to June 2018

Perform financial analysis and reporting to management as needed.

Perform month-end accounting activities such as reconciliations and journal entries.

Coordinate with finance team to complete assigned accounting tasks within deadlines.

Evaluate computerized accounting systems and provide recommendations to IT team for performance improvements.

Generate financial reports and statements to Managers for review.

Analyze financial discrepancies and recommend effective resolutions.

Monitor expenditures, analyze revenues and determine budget variances and report the same to management.

Respond to accounting inquiries from management in a timely fashion.

Provide guidance to other Accountants when needed.

Assist in budget preparation and expense management activities for assigned accounts.

Assist in auditing activities by providing necessary information and preparing requested documentations.

Monitor and record financial transactions according to company policies and regulations.

Review and recommend changes to existing accounting procedures.

Section Head of Accounting at Arabian Automotive
  • Egypt - Alexandria
  • December 2012 to June 2013

Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
Produces payroll by initiating computer processing; printing checks, verifying finished product.Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
Avoids legal challenges by complying with legal requirements.
Secures financial information by completing database backups.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.

Accountant at Sanabel for Trade and Distribution
  • Egypt - Alexandria
  • August 2010 to November 2012

Posting and processing journal entries to ensure all business transactions are recorded
Updating accounts receivable and issue invoices
Updating accounts payable and perform reconciliations

(GECO) - Accountant at General Trading Group
  • Egypt - Alexandria
  • August 2009 to August 2010

Posting and processing journal entries to ensure all business transactions are recorded
Updating accounts receivable and issue invoices
Updating accounts payable and perform reconciliations

Accountant at Mr.Khames Sakr Chartered Accountants Office
  • Egypt - Alexandria
  • July 2009 to May 2010

7/2009 To 5/2010 Mr. Khames Sakr Chartered Accountants Office - Accountant
One of Work Team in This Office.

Education

Bachelor's degree, Accounting
  • at University of Alexandria
  • May 2009

2005 - 2009 Bachelor of Commerce, University of Alexandria Accounting Section (Arabic Section) Overall rating for the Four years is good [Total: 4302 & Estimate: 75.47 % ]

Specialties & Skills

Accounting
QuickBooks
Auditing
Microsoft Excel
Microsoft Office
ADOBE PHOTOSHOP
MS OFFICE
Microsoft Excel
Quickbooks
Microsoft Office
Financial Reporting
Costing

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.


Languages

Arabic
Expert
English
Expert

Memberships

Association of Accountants & Internal Auditors
  • Member
  • January 2017

Training and Certifications

SAP Financials Essential (Certificate)
Date Attended:
January 2021
SAP ERP Essentials (Certificate)
Date Attended:
January 2021
QuickBooks (Certificate)
Date Attended:
February 2012
Valid Until:
April 2012
Qualified Accountant Diploma-QAD 2 (Certificate)
Date Attended:
February 2017
Qualified Accountant Diploma-QAD 1 (Certificate)
Date Attended:
February 2017
Modern Accounting 3 (Certificate)
Date Attended:
June 2012
Modern Accounting 1 (Certificate)
Date Attended:
March 2012
Valid Until:
June 2012
Modern Accounting 2 (Certificate)
Date Attended:
October 2012
Accountant (Training)
Training Institute:
Mr Khamees Sakr Chartered Accountant
Date Attended:
July 2009

Hobbies

  • Reading Books , Playing Sports , Organizing Events , I Love Technology