Commercial Manager
Red Sea Global
Total des années d'expérience :15 years, 2 Mois
-Managing contracts.
-Processing DVO determined variation orders.
-Converting PR to PO & checking if there is retention & advance recovery.
-Processing the approved invoices & submitting them for payment.
-Making sure Governance & compliance are in place.
-Preparing payment certificates after gathering all the required documents and making sure insurance policies are valid.
-Receiveing the standard PO’s by creating the receiving receipts in the ERP Oracle Reef.
-Closing paid invoices in Acconex system.
-Closing PO’s in Oracle Reef system.
-Working closely with the Commercial team on site & making sure all site requirements are fulfilled.
-Preparing monthly accruals.
-Managing Accounts payable of Emaar co. & subsidiaries.
-Managing vendor statements reconciliations VS. bank statements to make sure the AP ledger is correct & matching with bank accounts.
-Reviewing and posting monthly accruals.
-Validating & approving Invoices, work confirmations & PO’s through ERP Oracle and making sure the Tax invoices matches ZATCA tax requirements.
-Making sure the expenses are correctly booked on the cost center & GL accounts which they are related too.
-Review of the Withholding tax monthly report to make sure that the right WHT rates are applied on the invoices before filling the WHT return to E&Y.
-Running AP aging report & make sure to pay the overdue invoices.
-Running weekly payment schedules & working closely with treasury team to secure bank approvals.
-Monitoring the open advance payments and making sure to obtain the invoices to properly close the open advances, running weekly prepayments report.
-Running GL account analysis reports & reconcile with the Trial balance.
-Performing balance confirmation with the vendors.
-Monthly closing of Accounts payable & cost management modules.
-Working closely with IT to upgrade the current ERP Oracle system and enhance system reports.
-Managing internal & external Audit requirements.
Managing Credit control & receivables of the company.
Accountability and responsibilities as a Country Senior Accountant & Acting Chief Accountant:
- Monthly VAT Filling for KSA & Bahrain (reconciliation - Filling & payment to GAZT & NBR).
- Year end Zakat Consolidated filling & payment (IKEA Group of companies).
- Monthly Withholding Tax filling & payment.
- Excise Tax filling & payment (For IF&B Juices which are imported from Sweden).
- Managing Internal & external audit requirements related to fiscal year closure & working along with the team to fulfill the Mid & End year Audit requirements.
- Inter company accounts reconciliation (Month end closing).
- Supplier accounts reconciliations (Monthly).
- GL reconciliation with Sub Ledger (Monthly).
- B2B customers collection.
- Managing monthly accruals & recurring entries (Month end closing).
- Managing 2 Major projects for automation Robotics process automation (RPA) & Vendor portal.
Mainly responsible for Accounts payable & GL functions.
Received the Excellence Award as Champion of the 2nd Quarter July 2017 under the strategy of Drive Sustainability & Efficiencies.
- Tasks & Responsibilities :
- Freight, Delivery orders, Handling, recovery charges & Detention invoices.
- Admin & Marketing expenses invoices.
- Transporters invoices for Export orders to the distributors.
- Shipping line invoices.
- Custom clearance invoices & Custom duties sadad payments.
- Bank reconciliations.
- Suppliers reconciliations.
- Imported goods invoices.
- International suppliers invoices.
- GL & Fixed assets.
- Petty cash & employee expenses.
- Created a SOP for clearance & shipping lines processes.
- Local & international purchases invoicing.
- Advance payments to Suppliers & employees.
- Initiating payments online & Sadad custom duties online.
- Responsible for collecting all Accounting & Finance team data to finalize the Scorecard sheet.
AP, AR & GL accounting.
-Responsible for all the raw material invoices.
-Monthly Plant visit in order to perform Physical stock count of the Raw materials.
-Updating the CAPEX sheet for all current & new projects in the H.O & in the Plant.
-Receiving & Booking the customer deposits after checking them on our bank accounts online.
-Labors & Manpower invoices.
-Hotels, travel agencies & Courier invoices.
-Assisting the Senior accountant in finalizing the monthly ageing report.
-Preparing a daily statement for the customers daily deposit receipts.
-Direct contact with the suppliers in order to reconcile their accounts.
-Using Lafarge JD Edwards system.
-Processing all monthly closing entries & accrual entries as well.
-Preparing Reallocation between accounts GL entries & posting them on the JD Edwards system.
-Following up with the treasury manager for pending payments not yet paid to the suppliers.
-Communicating with the suppliers & sending them their payment breakdowns & bank transfer slips.
-Communicating with project managers for Capex invoices that needs their approval.
-Monthly preparation of the accrual report.
Working in the accounts receivable department.
• Following up and monitoring monthly collection with insurance companies
• Preparing monthly reports such as: Ageing Report, collection..etc.
• Using SAP accounting module to perform entries to record collection.
• Monitoring inquires on bank accounts to check deposits and transferred cheques.
• Responsible for monitoring and recording the petty cash accounts.
• Book keeping of the expenses related to travel and monitoring the travel agencies accounts.
• Bank reconciliations.
• Booking Journal entries related to Accounts Payable.
• Receiving branches vouchers auditing them & posting the batches.
Trainee in National Bank Of Abu Dhabi - Egypt in the customer service department from August 2008 until January 2010.