Accounting & Financial Advisory
BDO - Dr. Mohamed Al-Amri & co.
Total years of experience :14 years, 8 Months
• Manage bookkeeping, reconciliations, and periodic closings of payables and receivables, VAT, WHT, Payroll, provisions and accruals in accordance with clients' policies, procedures, and delegation of authority (DOA).
• Preparing Financial Statements in accordance with IFRS.
• Prepare and review clients’ periodic various financial reports, Costing by Project, management reporting pack and presentations.
• Performing historical data analysis, forecasting, budget preparation, tracking expenditures, and ensuring budget adherence.
• Creating the proper Chart of Accounts for new clients which assures proper and smooth recording for all transactions.
• Develop the work team structure, action plan, roles, and responsibilities, and provide onboarding training.
• Manage bookkeeping, reconciliations, and periodic closings of receivables, VAT, provisions, accruals and unearned revenues in accordance with the company’s policies and procedures.
• Participate in monthly closing and annual closing by dealing with external auditors and providing them with all requested data.
• Participate in improving different policies and SOPs to keep the business running smoothly and assure the safeguarding of the company’s resources (like credit policy, bad debt provision policy, sales incentive policy, and procurement policy…)
• Assessing the creditworthiness of credit customers by analyzing customers’ financial statements (vertical, horizontal and ratios analysis), customer payment history if available, Simah report, and physical visit if needed to make a decision about the proper credit limit and payment terms.
• Reconcile customers’ accounts, communicate with colleagues in operation departments and with customers to solve issues, and negotiate and reschedule overdues if needed.
• Leads and impoves the project of automating reporting by region, division, or branch and to be live updated for all managers.
• Analyzing the historical data and previous performance and using it in forecasting and participating in preparing the budget considering KPIs defined by management.
• Participate in developing the work team structure, action plan, roles, and responsibilities, interviewing, hiring and providing onboarding training.
Responsible for managing accounting process for fixed assets, petty cash and monthly payrolls.Organize Accounts Receivables from credit check and ensure credit limit for customer and due date. Facilitate invoicing, collection monitoring and deposit of customer’s payment. Supervise Accounts Payable to ensure accurate recording, reconcile vendor accounts and safeguard organization's assets by ensuring matching between PO, receiving report and vendor's invoice. Prepare new chart of accounts and implement ERP system to improve accuracy of recording, reporting and internal control.
Review and verify cash and bank statements; prepare bank reconciliations.
Ensure the timely and accurate delivery of monthly, quarterly and annual financial reports.
Communicate financial reports with management to influence decision-making.
Manage VAT transactions and preparation of quarterly VAT returns.
Handled the preparation, analysis and verification of accounting records, financial statements and reports to ensure accuracy and adherence to reporting and procedural standards.
Reviewed and verified cash and bank statements; prepared bank reconciliations.
Complied monthly, quarterly and annual financial reports.
Recording daily transactions Sales and Purchasing.
Verify and reconcile accounts payable, expenses and petty cash.
Preparing monthly Payroll.
Preparing monthly and quarterly reports and financial statements
- Recording daily sales transactions.
- review accounts receivables and reconcile accounts with customers.
Financial accounting Managerial accounting Cost accounting