Chief Accountant
Naqel Express
Total years of experience :18 years, 5 Months
• Manager of Fiscal Department and manage workflow of personnel, operations, and reporting needs.
• Processed A/P, A/R, and billing needs for the company.
• Drafting executive analysis reports, highlighting business issues, potential risks and profit opportunities.
• Reconciled accounts on a monthly basis including operating, savings-unclaimed wages, and investment bank accounts.
Achievement:
• Recommended innovative alternatives to reduce the cost by 25% which achieved increase Profit by 6% YOY (Year Over Year).
• Implementing VAT and applied the required treatments.
• Handled the Final audit work within the timeline.
• Achieved YOY increase in the cash flow from operations with 15%.
• Improve the accounting team member with business & customer service mindset
Oversee financial department employees, including financial assistants and accountants
Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary
Track the company's financial status and performance to identify areas for potential improvement
Seek out methods for minimising financial risk to the company
Research and analyse financial reports and market trends
Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making
Review financial data and prepare monthly and annual reports
Present financial reports to board members, stakeholders, executives, and clients in formal meetings
• Generated monthly, quarterly, and yearly reports.
• Provided support for numerous duties including collating reports, filling information, and organizing data.
• Assumed responsibility for creating and resolving outstanding balance sheet items.
• Established more effective internal control.
• Implemented and improved the stakeholder’s communication and relationship.
• Built, lead, and improved the accounting team with a full supervision and leadership.
• Implanted efficient Cost and Cash controlling system.
Achievements:
• Achieved huge improvement in the cash conversion cycle & best DSO (Days Sales Outstanding) by reducing the DSO from 180 to 30 days during the first year
• Reduced the collection bounce rate from 50% to 10%.
• Achieved fair improvement in the cash flow by 14%.
• Improved the YOY P&L performance on EBITDA level with 57%.
• Reduced the cost of the uncontrolled items by 10%.
Manage companies financial accounting and ensure timely.
* Recording of financial data into accounting systems.
* Handling Sub-contractors, suppliers, petty cash and salaries accounts.
* Bank Reconciliation.
* Preparing L/Cs and LGs Documents and follow up with Banks
* Scheduling company Loans, handling payment procedures with Management.
* Prepare weekly AR & AP reports.
* Prepare monthly revenue against budget
* Track financial and business performance against budget.
* Support Company on preparing yearly budget and forecasts.
Revised and Posted all works with Accountants, reported to the Chief Accountant.
* Revised Bank Reconciliation.
* LC and LG and follow with the Bank.
Prepared and recorded asset, liability, revenue, and expenses entries by compiling and
analyzing account information.
* Maintained and balances subsidiary accounts by verified, allocated, Posted, Reconciled
transactions; resolved discrepancies.
* Completes
Maintained basic accounts, bookkeeping.
* Generated and sending customer invoices.
* Maintained payable, receivables accounts.
Accounting