Chief Accountant
First Joint Group Contracting Co
Total des années d'expérience :16 years, 5 Mois
Tasks from 2007 up to date:
• Preparation of Annual operating budget and Budget vs. Actual report on monthly, quarterly & annually basis to highlight variances with recommendations.
• Maintain and balance affiliates accounts by verifying, allocating, posting, reconciling transactions resolving discrepancies.
• Conduct monthly & yearend closing and audits.
• Prepare and analyze accrued (Cost & Revenue) reports & Prepayments on monthly basis.
• Conduct monthly and yearend account reconciliations to ensure accurate reporting and ledger maintenance.
• Verifying, allocating, posting and reconciling accounts payable, receivable and banks.
• Prepare monthly clients & suppliers aging report.
• Check all outgoing client invoices & Purchas orders to our suppliers.
• Maintain fixed assets schedule and monthly depreciation expenses.
• Prepare foreign currencies yearend evaluation for clients, suppliers, affiliates & Bank accounts.
• Prepare financial statements & reports needed for managerial decisions on monthly basis.
• Monthly cash flows forecasting.
• Worked closely with internal audit (SOX) & external audit (Ernst & Young).
• Controlling inventory and inventory transactions.
• Reviewing monthly payroll.
• Opening & following up of bank L/Cs, L/Gs (Issued in favor of KOC & Ministry of Interior), processing of bank loans & interest transactions.
• Customization & administration of Accounting ERP System.
• Ensuring that the accounting policies and procedures are implemented and in compliance with the overall company policies.
• Substantiate financial transactions by auditing documents, verify and analyze business records, transactions, and procedures.
Financial Planning, Performance, and Analytics A. External Financial Reporting Decisions B. Planning, Budgeting and Forecasting C. Performance Management D. Cost Management E. Internal Controls F. Technology and Analytics Strategic Financial Management A. Financial Statement Analysis B. Corporate Finance C. Decision Analysis D. Risk Management E. Investment Decisions F. Professional Ethics