Division Accountant
Saad Al Qahtani Contracting (SAQCO)
Total years of experience :8 years, 5 Months
• Single handedly managing all the accounting functions.
• Managing operations from a very deep perspective.
• Coordination between Sales, Procurement and Finance functions.
• Assisting the compliance officer with return submission of Value Added Tax (VAT).
• Auditing purchases of more than 70 branches across 6 cities with test of details.
• Maintained a manual ledger for more than 10 vendors parallel to accounting software.
• Continuously improved standards of operations in the procurement function for transparency in purchases and recording.
• Established proper communication channels between Procurement and Audit Departments for better understanding of relationships with suppliers.
• Brought changes in recording of purchases within the ERP system for better tracing of deliveries of purchases.
• Reconciled ledgers with suppliers on monthly basis and resolved issues pending for months.
• Redesigned reconciliations to better show earned and pending incentives receivable from all the vendors so no benefits are lost.
• Preparing monthly purchase reports for comparison with previous months and with last years for analytical purposes and variance analysis.
• Obtain understanding of the client’s businesses environment, accounting processes and its internal control systems.
• Evaluating system of internal control and risk management procedures, identifying weaknesses therein and communicating those weaknesses, added with recommendations, to those charged with governance and management on a timely basis.
• Verifying the occurrence, relevance, authorization and reasonableness of recurring expenses or incomes by test of details and analytical procedures.
• Verifying the existence, accuracy, rights and obligations and completeness of receivables and payables.
• Preparation of Financial Statements under the light of applicable International Accounting Standards, International Financial Reporting Standards or the local accounting and reporting laws.
• Performing stock count and stock valuations.
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