Chief Accountant
Ebara pumps Saudi Arabia LLC
Total years of experience :19 years, 1 Months
Responsibilities:
Leading the Finance team in managing the company financial and accounting policies, systems and processes, tax and regulatory requirements, payroll systems and processes and internal controls, ongoing financial modeling and annual business plan
Achievements:
• Prepared and presented monthly financial results to the divisional executive management team.
• Developed forecasting model obtaining 95% accuracy from Gross Revenue to Net Revenue using daily and weekly monitoring techniques.
Responsibilities:
Support the company’s management in financial and working decisions and lead all accounting activates, including:
• Project Accounting.
• Financial planning, Budgeting and Analysis.
• Tax compliance.
• External audit & Internal control
Achievements:
• Successfully implemented the accounting and financial policies & procedures.
• Holds the distinction of developing & implementing an Accounting System from scratch in 2010, as HCO.
• Conceptualized and introduced the process of external audits; managed external audits by providing required data and ensuring satisfactory replies & timely completion of the audit.
• Steered the implementation of various financial systems such as New Organized Accounting System, Project Budgeting.
Role:
•Looked after processing of invoice raised by vendors & verified all particulars in coordination with higher officials to release payment on time for their perusal
•Spearheaded all functions of accounts receivable & payable including debtors / creditors reconciliation
•Handled:
•Cash Book, Bank Book, Debtor’s Ledger, Creditor’s Ledger and all other subsidiary books of accounts
•Financial data and reports for company’s automated financial systems
•Maintained:
•Fixed Assets Register and updated details of new assets purchase & sale of old assets; arranged depreciation as per provisions of Zakat
•Financial databases, computer software systems and manual filing systems
•Ensured model-wise total cost working based on latest PO and share of business & analysis of variation between moving average prices
•Developed:
•Profit & loss statements and monthly closing & accounting reports; analyzed financial information to prepare entries for accounts i.e. general ledger accounts, documents business transactions, etc.
•Pay-roll & EOSI benefits to employees as per company’s rules
•Budget, revenue, expense, payroll entries, invoices and other accounting documents
•Evaluated revenue & expenditure trends and recommended appropriate budget levels
•Explained billing invoices and accounting policies to staff, vendors & clients
•Liaised with internal and external auditors for completing the assigned audits
Role:
•Prepared debit, credit & cash invoices for customers, trade receivables & payables, cash book and nominal ledgers
•Developed schedules for Sales Tax & Income Tax & tracked the same for timely payments
•Liaised with:
•Audit Team to met assigned objectives within time constraints
•Accounts team to implement ERP Project Management Software & upload data of old software to ERP
courses: Pursuing Certified Management Accountant from Institute of Management Accountant, US
