General Accountant
Arkan General Trading LLC
Total years of experience :19 years, 10 Months
- Overall in-charge of Accounting, supervising the work of an another Accountant; includes preparation of periodic reports, i.e. Monthly P&L, Cash Flow, Sales Report, Inventory Report. Including monthly P&L and BS analysis.
- The company is the exclusive distributor of the Napoleon brand in the MENA region and has an existing dealership contract with ACE Hardware, Sharaf DG and Better Life. I am in-charge of dealing with them regarding orders, deliveries, pricing, and other issues or concerns related to dealership.
- In-charge of Shipments and Logistics, e.g. communicating and coordinating with both suppliers and freight forwarders on the deliveries of our orders, including getting the best rate possible and delivery of the shipments on schedule.
- Other Ad Hoc responsibilities; e.g. update of price list and inspection of warehouse.
⦁ Monthly Sales Review: Coordinate with the different locations for their Monthly Sales achievements and forecasts; Validation of submitted Reports; Highlight significant variances and perform checking and verification; Submit Report to the President of Operations.
⦁ Monthly Business Review : Prepare the Consolidated by-Business Unit Reports and submit Reports to the President of Business Development and respective BU Heads.
⦁ Quarterly Performance Review : Coordinate with locations for their respective Quarterly P&L and Cash Flow reports; Validate Reports, highlight significant variances & request adjustments if necessary; Prepare the Group Consolidated P&L Cash Flow Report and submit to the Chief Financial Officer.
⦁ Annual Operations Planning (Annual Budgeting) : Coordinate with the Business Unit Heads for the updated Product List and Budget Guidelines for the incoming year; Prepare the budget template (by Country & by BU), with respective sheets for the Operational P&L, Sales/Marketing/Employee Cost/Administration Cost Budget & Working Capital Budget; Distribute the templates to the Country Managers, continuously coordinate with them and provide support; Liase and coordinates with the Directors for the Corporate Budget; Prepares Group Consolidated Budget Report; Submit Reports to Senior Management.
⦁ Prepares Ad-Hoc Financial Reports for the President of Operations, President of Business Development, Chief Financial Officer, Chief Financial Planning Officer and BDD/BDMs.
⦁ Prepares Ad-Hoc Financial Reports for the Regional Manager-KSA/Bahrain and Area Managers-KSA Western, Central and Eastern Regions.
⦁ Worked with a Team for the implementation of the SAP BPC Module - Tasks performed includes: Provided inputs in the design of the Module; Performed Test Runs and Validations; Preparation of User Modules; Serves as Support to the different locations during the roll-out; and Product and Supplier Mappings.
⦁ Inter-Company Reconciliations : Prepares Monthly Inter-Company Reconciliation; Prepare necessary adjustments; and Coordinate with the locations for reconciling items and required adjustments.
⦁ Supplier's Reconciliation and Payment Processing : Validation of Suppliers Invoices and coordination with the Materials Group for issues or concerns; Prepare Suppliers Reconciliation; Prepares payments to Suppliers.
⦁ Letter of Credit/Bank Guarantees : Prepare applications for Letter of Credit/Bank Guarantees for submission to the Bank; Coordination with the Bank for the approvals and release of requested LC's and Bank Guarantees.
⦁ Goods Receipt Posting : Validate Supplier's Invoices received for Posting; Verify and assign related Customs/Freight charges, Insurance and Bank Charges; Post Good Receipts in SAP.
-Hyperion Financial Reporting via Hyperion Financial Management (HFM)
-Preparation of Month-End Closing Adjustments
-Preparation of Monthly Revenue Analysis
-Preparation of Monthly Productivity Reports
-Checking and verification of Purchase Requests
-General Accounting and Bookkeeping.
-Account Analysis and Reconciliation.
Studied and graduated with a BSc in Accountancy degree.