lina ghneim

Kuwait
Providing Finance and Accounting services to SME establishments name a few as following:
•Establishing Account Department.
•Book Keeping.
•Final Year Financial Statement preparation for submission to Government Authorities and Ministries.
•Finance and Accounts Audit.

Musaed Bader Al Sayer & Sons, Kuwait (Material Handling, Racking Install, Trading & Construction)
Responsibilities:
•Prepare and perform Monthly Financial Statement with full financial analysis for essential ratio (solvency & profit and debit Ratio), Review monthly financial results and implement monthly variance reporting.
•Monitoring accounting staff and review all journal entries, maintain a documented system of accounting policies and procedure.
•Cash Management - Manage the cash flow and prepare cash flow forecasts reports.
•Monitor A/C's Payable and A/C's Receivable, Review and make decisions on credit limits of new and existing customers.
•Monitor and control receivables from regions & preparation of performance reports, create effective internal control system to reduce debit.
•Monitor and follow up legal litigation for bad debit receivables.
•Manage the preparation of the Company's budget, Report to Management on variances from the established budget, and the reasons for those variances, Assist Management in the formulation of its overall strategic direction.
•Prepare monthly analysis of cost of goods sold and operational expenses against prior year and budget, providing explanations and business solutions to help mitigate the risks to assist management in the formulation of its overall strategic direction.
•Engage in ongoing cost reduction analyses in all areas of the Company, Identifying areas for cost cutting and improvement.
•Participate in target costing activities to create products that meeting predetermined price goals.
•Internal Audit procedures: monitoring bank reconciliation, petty cash ceiling, supporting document, Segregation of duties.
•Prepare all supporting information for the annual audit and liaise with the Board's Audit Committee and the external auditors as necessary.
•Assist in the determination of product pricing in relation to features offered and competitor pricing.
•Forecast cash flow positions, related borrowing needs, and available funds for investment.
•Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements
•Monitor stock levels and perform inventory reconciliations- Monitoring work in stores and dispatch section and monthly reconciliation with accounts and stores record, arranging for monthly physical stock verification/stock taking at the end of financial year with statutory and internal auditors, reporting deficiencies to concerned parties.
•Liaising with bank authorities to ensure smooth dealings for credit activities.
•Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate.

Prepare and perform monthly financial statements
•Bank reconciliation and cash management
•Administrative management preparing salaries, leaves extra
•monthly closing and passing adjusting and closing entries
•Supervise year end schedules and external audit execution of financial audits.

Prepare and perform monthly financial statements (consolidation balance sheet, income statement, cash flow) and the financial analysis ratio.
•Monitor and control expenses through monthly expenses report ( Series Analysis )
•Supervised monthly closing and passing adjusting and closing entries.
•Monitor control and manage companies' receivables, payable, fixed asset and inventory.
•Supervise year end schedules and external audit execution of financial audits.
•Prepare and perform yearly budget report and ensure applying budget control procedure.
•Review all banks reconciliation and control cash (banks accounts, petty cash) with daily control of the payment and collection.
•Analyzed actual manufacturing costs and prepares periodic report comparing standard costs to actual production costs ( measure variance, price, quantity and overhead )
•Planned study and collects data to determine costs of business activity, such as raw material purchases, inventory and labor.
•Contributing in preparing consolidation reports for Holding Company.
•Prepare monthly stock report (revaluation, selling and buying stocks).
•Supervised accounting staff.

Nippon Jordan Fertilizer (Join Venture) Jordan
Responsibilities:
•Preparing monthly financial reports and Revenue and Expenses reports and study variances -using Power Point.
•Handling cash and banks reconciliation and fixed assets module.
•Controlling accounts payable and receivable through preparing aging report and reconciliation with client.
•Assisting in preparing budget reports through comparing the monthly reports showing the variance versus budget.
•Thrift fund accounting (prepare journal entries, audit transaction, loans, distributed profit, prepare financial report for top management).
•Medical insurance fund accounting (audit medical invoice and prices according to agreement with hospitals , prepare journal entries, prepare payment for vendor, prepare medical expense final reports for top management )

Saygh Group (Painting, Canning, Painting Raw Material) Jordan
Responsibilities:
•Petty cash management.
•Book keeping (performing all accounting application).
•Costs calculation for cost of goods sold.
•Stock management
•Facilities management , controlling over draft, promissory note, extra .(treasury )
•Daily cash report. (cash sales, collection for credit sales )
•Preparing salary, and leaves .