Chief Accountant
JAWATHA DEVELOPMENT HOLDING
مجموع سنوات الخبرة :11 years, 0 أشهر
Increased revenue 150% by deep analysis of customers’ needs after considering competition.
Decreased cash cycle 50% by concentrating on supplier’s credit period, inventory turnover, and customers collections.
Decreased cost of capital 4% by finding smart way of financing.
Prevented business from expected loss after implemented financial analysis, forecasting, and modeling relate to economic pattern.
Reduced the accounting cycle time by 60% using smart preventive and detective controls.
Reported financial statements in monthly, quarterly, and annually using automation processes.
Managed cash flow by using cash budget and prevented cash deficit.
Filling-up periodic VAT and ZAKAT requirements and following-up with opened cases.
Decreased the cost of direct material cost 6% while increased sales 20% by enabling target cost approach.
Engaged in opening two new concepts and expand two branches.
Prepared and recorded assets, liabilities, revenue, and expenses entries by compiling and analyzing accounts information.
Verified, post, and reconciled accounts payables and receivables.
Filled-up the periodic VAT and ZAKAT requirements after vouching the related documents.
Summarized financial status by collecting information, preparing balance sheet, profit and loss, cash flow, and other statements for monthly closing and cost accounting reports.
Recommended and developed computer software systems.
Suggested ways to improve efficiency and spending.
Involved in standard cost review, reported material variances.
Fulfilled the annual external reporting according to IFRS.
Expanded thirty-nine new outlets by recommending the best use of resources, and cash managements.
Prepared, presented, and discussed forecast, budgets, scenario analysis, financial modeling.
Involved in internal and external efforts to prepare and analyzing long term projects using marginal analysis, Cost-volume-profit analysis, net present value, internal rate of return, payback period.
Investigated any significant variances.
Led negotiations with suppliers with regards to purchases/returns, prices, specifications, payment terms, and other key terms and conditions.
Reported financial statements ratio analysis, vertical analysis, horizontal analysis.
Rewarded from accounting manager for developing the accounting cycles using best practices.
Recorded journal entries after matching and reviewing related documents.
Coordinated with budget team to control activities.
Collaborated with auditing services to ensure proper compliance with standards.
Managed petty cash, disbursements, replenishment.
In this period of studying, the materials covered all related topics that enhanced me by the basics to be a professional accountant