senior
Swiss garments company (Arafa Holding)
Total years of experience :17 years, 3 Months
Tasks as AP accountant:
• Ensure accuracy and timely recording received invoices in the system in accordance with statutory requirements
• Monitor the AP accounts and ensure open items are duly reconciled and due payments are run
• Follow up the GR/IR accounts and do necessary action to clean and reconcile open items
• Ensure timely and accurate payment to vendors
•Respect the commitment of the company towards our suppliers by fulfilling the agreed term of payments and monitor the aging of AP balances
• Review information and analyze the blocked invoices
• Follow up on work flow issues.
• Update financial records (payment program in ERP) named “Micro soft dynamic Axapta”.
• Create and release electronic payment.
• Manage accounts payable team and follow up on operational issues
• Review and report on performance of processing teams against service level agreements
• Manage the compliance to data standards and enforcement of corporate policies
• Perform month end accruals
• Balance sheet reviews, reconciliations
• Harmonize the processes, standardize processes
• Participate actively in month-/quarter- and year end closing
• Review and approve major or unusual transactions or reports
• Deal with a variety of problems that arise on a daily basis
• Guide and coaching of team members
• Responsible for adherence to A/P policies and procedures
• Train and evaluate staff in conjunction with the A/P Manager
• Maintain accounts payables vendor files and records
Tasks as AR accountant:
• Post customer payments by recording cash and checks
• Post revenues by verifying and adding transactions
• Update receivables by totaling unpaid invoices
• Maintain up-to-date billing system
• Generate and send out invoices
• Follow up on, collect and allocates payments
• Maintain accounts receivables customer files and records
Tasks as cost accountant:
• verify daily and review accuracy of the different transactions (manufacturing, inventory, etc...) and maintain current cost standards.
• Prepare cost accounting records.
• Ensure accuracy, updates purchase prices, bills of materials and routings.
• Perform Product Costing Track costs related to all product activities.
• Monitor cost and Revenue related to various Cost Elements and Cost centers
• Prepare, analyze and reports weekly, monthly, quarterly gross margin analysis
• Analyze inventory evaluation using the method called FIFO
• Follow up and printing all needed reports during the month
Tasks as an internal financial auditor:
• Ensure that audits are carried out with high quality and meet deadlines planning, execution and reporting
• Conduct audits as the team leader/team member in close cooperation with the relevant Regional Head of Internal Audit/ team leader
• Understand the business and processes subject to audit
• Ensure that risks have been identified (including fraud risks) and audit work is aligned accordingly
• Prepare audit reports detailing findings and recommendations, which includes reviewing and agreeing issues with responsible management
• Ensure that the reports are direct, professional and constructive and thereby add value to the company and its management
• Provide input to audit practices, tools and administrative activities
• Monitor assignment progress and inform the manager of any potential delays or difficulties and about significant issues identified
Note that, my ERP system is AX “Microsoft dynamics Axapta”.
GL Accountant
Achievements and responsibilities:
• Analysis all Debits and Credit accounts and find out suitable way to be closed.
• Month-end, quarter-end and year-end closing.
• Monthly expense variance analysis
• Consolidation, inter-company transactions and reconciliations including foreign currency accounting
• Interface with management in various departments, including engineering, sales operations
• ensuring that transactions of a business have been properly accounted for and accurately reflect the
Company’s accounting process.
• Assist with the preparation of other reports provided to management
• Assist with preparation of month-end financial statements , cash flow statements, budgets.
• Monitor most of Trial Balance accounts.
• handling monthly accrued and prepaid expenses.
• prepare foreign exchange (FX) report for GL accounts.