Accounting Administrator
Zoran SAL - Faber-Castell Lebanon
Total years of experience :18 years, 6 Months
Control, review, maintain and record accounting transactions in compliance with the accounting policies, International Financial Reporting Standards (IFRS) and local applicable tax law and regulations.
Perform accounts reconciliation and follow up with third parties (i.e. service providers, customers, suppliers, banks Etc...)
Perform the costing of purchased products, and determine the landed cost of the goods, report and monitor the inventory listing. Match the inventory reports to the financial reporting and review its financial implication and impact.
Conduct the monthly financial closing and reporting by following the closing check list in order to follow all the closing procedure and steps before reporting the financial statements; balance sheet, income statement and the cash flow statement.
Maintain the filing of tax return, i.e tax on salaries, VAT, social security, year-end tax return and declaration.
Build a strong internal control procedure by highlighting the area of risks that need control and attention. Draw a SOP (standard operating procedure) in order facilitate the work flow within the entity and maintain a solid financial and operating system.
Handle and deliver on time accurate and fair budget and financial reporting. Monitor on timely basis any variance from the budgeted figures by tracing the causes and updated the financial budget and reporting accordingly. Report on monthly basis any significant variance in order to take correct action and decision.
Provide financial accounting guidance and support.
Draw the financial modeling that fits with the entity's current capacity.
Provide financial guidance and support to start-up business.
Draw the accounting framework and implement the ERP through the entire business entity.
Maintain a strong internal control through the implementation of strategic policies and procedures.
Supervising all the accounting tasks.
Generating the financial statements: Balance Sheet, income statements and cash flow.
Preparing the yearly fiscal declarations mainly the payroll income tax and the NSSF declaration.
Standardizing the accounting tasks with the IFRS.
Preparing the monthly operating cash flow.
Prepare the yearly budget and match its implication to the actual financial results.
Supporting the team when needed.
Managing all the accounting tasks of the company. Controlling all the financial transactions. Applying all the local taxation principles and regulations.
Preparing operational financial reporting and financial statements.
Managing all the business transactions and coordinating all the company's tasks with the internal and external parties.
Preparing all the fiscal declarations such as, the V.A.T., the payroll income tax declaration, the N.S.S.F declaration and the yearly tax return.
Control, review, maintain and record accounting transactions in compliance with the accounting policies, International Financial Reporting Standards (IFRS) and local applicable tax law and regulations.
Perform accounts reconciliation and follow up with third parties (i.e. service providers, customers, suppliers, banks Etc...)
Perform the costing of purchased products, and determine the landed cost of the goods, report and monitor the inventory listing. Match the inventory reports to the financial reporting and review its financial implication and impact.
Conduct the monthly financial closing and reporting by following the closing check list in order to follow all the closing procedure and steps before reporting the financial statements; balance sheet, income statement and the cash flow statement.
Maintain the filing of tax return, i.e tax on salaries, VAT, social security, year-end tax return and declaration.
Build a strong internal control procedure by highlighting the area of risks that need control and attention. Draw a SOP (standard operating procedure) in order facilitate the work flow within the entity and maintain a solid financial and operating system.
Handle and deliver on time accurate and fair budget and financial reporting. Monitor on timely basis any variance from the budgeted figures by tracing the causes and updated the financial budget and reporting accordingly. Report on monthly basis any significant variance in order to take correct action and decision
May 01st 2018 till date: Accounting and Finance Manager; Faber-Castell (Lebanon) - Zoran SAL, world of stationeries and accessories. Manage the whole accounting cycle; in addition, to the management of the offshore activities.
•Control, review, maintain and record accounting transactions in compliance with the accounting policies, International Financial Reporting Standards (IFRS) amd local applicable tax law and regulations.
•Perform accounts reconciliation and follow up with third parties (i.e. service providers, customers, suppliers, banks Etc...)
•Perform the costing of purchased products, and determine the landed cost of the goods, report and monitor the inventory listing. Match the inventory reports to the financial reporting and review its financial implication and impact.
•Conduct the monthly financial closing and reporting by following the closing check list in order to follow all the closing procedure and steps before reporting the financial statements; balance sheet, income statement and the cash flow statement.
•Maintain the filing of tax return, i.e tax on salaries, VAT, social security, year-end tax return and declaration.
•Build a strong internal control procedure by highlighting the area of risks that need control and attention. Draw a SOP (standard operating procedure) in order facilitate the work flow within the entity and maintain a solid financial and operating system.
•Handle and deliver on time accurate and fair budget and financial reporting. Monitor on timely basis any variance from the budgeted figures by tracing the causes and updated the financial budget and reporting accordingly. Report on monthly basis any significant variance in order to take correct action and decision.
•January 23rd.2017 till April 30th. 2018: Chief Accountant at the Antonine University -Baabda.
•Supervising all the accounting tasks.
•Generating the financial statements: Balance Sheet, income statements and cash flow.
•Preparing the yearly fiscal declarations mainly the payroll income tax and the NSSF declaration.
•Standardizing the accounting tasks with the IFRS.
• Preparing the monthly operating cash flow.
•Prepare the yearly budget and match its implication to the actual financial results.
•Supporting the team when needed.
•November 28th 2013 to January 22nd. 2017: Accounting Manager and Financial Controller at Falco Sales & Distribution S.A.L. a member of Daher International Foods.
•Managing all the accounting tasks of the company. Controlling all the financial transactions. Applying all the local taxation principles and regulations.
•Preparing operational financial reporting and financial statements.
•Managing all the business transactions and coordinating all the company's tasks with the internal and external parties.
•Preparing all the fiscal declarations such as, the V.A.T., the payroll income tax declaration, the N.S.S.F declaration and the yearly tax return.
Supervising all the accounting modules: Accounts Payable, Accounts Receivable, Banks Transactions and the Assets Management.
Generating a weekly financial report that describes the current financial position of company by reporting the current cash positions; in addition, to the liabilities and the receivables.
Reconciling on a monthly basis all the banks' accounts and all the intercompany balances. In addition, to several balances' confirmation mainly for the aged customers.
Monitoring the operations' closing based on the job order costing system by using the accruals and deferrals in the respect of the matching principles according to the IFRS (International Financial Reporting Standards).
Recording all the company's overheads such as the employees' salaries and benefits, and the selling and administrative expenses; in addition, to the assets' depreciation.
Reporting on monthly basis all the financial statements; such as, the income statements, the balance sheet and the statement of cash flow.
Preparing and filling all the official declarations: N.S.S.F (on monthly basis). Payroll income tax (R10, R5, R6) and V.A.T on quarterly basis.
Preparing the yearly financial closing by assisting the auditor in the preparation of the tax return and the fiscal declaration.
Assisting in the yearly budget preparation and analysis.
Conducting a financial reporting and analysis by using the aging for the accounts receivables and the payables. Moreover, monitoring several financial indicators such as the D.S.O and the D.P.O in order to maintain an acceptable liquidity position by monitoring the credit limits granted to the customers.
an affiliate of Indevco Group - Dammam - Saudi Arabia;
•Recording the suppliers' vouchers; in addition, to the necessary settlement after doing the correspondent verification and control.
•Following all the bills for collections and the letter of credits opened through the bank a tool for foreign payments.
•Doing a materials inventory costing by using the landed cost technique.
•Reconciling all the banks balances accounts and the third parties accounts.
•Conducting the physical inventories for the finished goods and the spare parts.
•Assisting in the monthly end closing by generating all the company accruals such as the bonus, the commission, the utilities and the end of services indemnities. Moreover, recognizing all the deferrals such as the insurances and the prepaid expenses.
working experience at the Center for strategic Development (C.S.D).
Training session in the accounting department at Byblos Bank (interests’ calculation).
•Spring 2003: Training session at an Auditing Firm (Sabeh Khalil office) at Gemayzeh - Beirut. (General accounting).
Training session at warehouse / spare parts departments at Sanita Co. Halat - Lebanon.
an affiliate of Indevco Group ) Halat -Lebanon;
• Recording all the vendor vouchers and issuing the necessary credit notes.
•Controlling all the billing process by posting at the end of the month all the approved invoices.
•Issuing the correspondent checks payment after doing the necessary reconciliation.
•Recording the cash receipt voucher after customers' settlement.
•Reconciling all the banks accounts balances.
•Reconciling all the related parties' accounts balances.
•Conducting the materials costing by using the landed cost technique and recording all the recognized cost through the transitory accounts before issuing the materials receipts vouchers.
•Running a monthly inventory management though monitoring the inventory management system by pricing all the received materials before recognizing the issuance cost.
•Conducting periodical physical inventories through matching the accounting books with the real physical quantities that exist.
In progress
Managerial Accounting skills and Financial Accounting qualifications
Experimental science at college des Saints-Coeur Byblos.