Senior Cost Accountant
Yanbu Cement company
مجموع سنوات الخبرة :24 years, 8 أشهر
• Apply a thorough understanding of the financial reporting and general ledger structure
• Ensure an accurate and timely monthly, quarterly and year end close
• Ensure the timely reporting of all monthly financial information
• Initiate budget and forecasting activities
• Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
• Interface with other departments to verify transaction report data and issues
• Advise staff regarding the handling of non-routine reporting transactions
• Respond to inquiries from the CEO regarding financial results, special reporting requests and the like
• Work with the CPِA office to ensure a clean and timely year end audit
• Ensure all financial reporting deadlines are met
• Assist in development and implementation of new procedures and features to enhance the workflow of the department
• Provide training to new and existing staff as needed
• Establish department KPIs for each year and monitor and report for the corrective action and development.
• Able to manage team member a efficiently and bring about their coordination in various work processes
• Perform month-end closing and prepare monthly financial statements.
• Perform controls evaluation and ensure correctness of accounting records.
• Ensure credit control policies are applied.
• Monitor the cash position of the company on daily basis.
• Responds to inquiries from the director of finance, controller, and other finance and firm wide managers regarding financial results, special reporting requests and the like.
• Assist in development and implementation of new procedures and features to enhance the workflow of the department.
• Ensure that the administrative and program expenditures meet budget objectives and approval processes.
• Ensure that the committed funds are received when due and allocated accurately by monitoring and analyzing cash flows monthly, including revenues, expenditures, receivables and payables, and produce monthly statements and variance reports.
• To ensure that all financial records, receipts, payables, and cash flows are accurate, updated, and processed efficiently, effectively, and in a timely manner.
• Setup and maintaining Accounting Software "Quickbooks"
Preparation of monthly and annual financial reports in line with accounting standards
• Ensure monthly reconciliations are performed for general ledger accounts
• Oversee and ensure accuracy of bank reconciliations
• Day-to-day cash management including management of investment accounts and Surplus funds
• Ensuring strong financial controls are in place and are effective
• Preparation, analysis and reporting of annual financial performance
• Preparation of reports, coordination and liaison with external auditors
• Development, implementation and review of financial administration procedures
• Ensuring regular review of the contracts and supplier register
• Oversee the debt collection process, including liaison with contractors, business partners and suppliers
• Ensuring that the revenues and assets of the company are protected through the establishment of effective financial controls
• Administering insurance cover and claims
• Analysis and over sighting the co-ordination of Motor Vehicle Fleet
• Experience in dealing with the
General Authority for Investment (GAFI)
Industry Modernization Center (IMC)
Income Tax Authority - Deduction Tax -
Labor Office
• Run Code Zone Program "ERP"
1- Ability to establish an accounting department System
2- Review and monitor all accounting entries made by the department
personnel
3- Process all company payments for approval and verification by the
Financial Controller
4- Preparation and closing of all accounts for audit
5- Repairing monthly accounting statement (Balance Sheet & Income
Statement & Bank Reconciliation)
6- Experience in dealing with the General Authority for Investment (GAFI)
Ministry of Trade and Industry Authority of export Subsidization
Industry Modernization Center (IMC)
Income Tax Authority - Deduction Tax - Labor Office
7- Lead Audit on ISO 9001/2008
8 - WRAP (Worldwide Responsible Accredited Production)
Supervising the work flow and training end users on accounting systems and procedures
Process all accounting transactions in the system
Handling cash flow needs and forecast reporting
Provide accurate and timely financial reporting to local management
Supervising the accounting according to local regulations Accounting guidelines
Controls all balance sheet accounts by preparation of monthly financial statements
Follow up all bank matters, including month end bank reconciliation
Reviews the accounts A / P & A / R balance to ensure accuracy and propose action
Supervise recording & maintenance of fixed assets program, depreciation, transfer, etc. and coordinate periodic verification exercise
Responsible for transferring funds as required to ensure Bank balances are being utilized to optimum Manage the Bank payments system
Follow up the collection of funds from customers
Provide the required Support to strategy decisions, business planning and budgeting
Responsible For Recording Entries & General Journal Setting
Learning to use the new version of Alpha
•studying CMA Part 1
Modern Accounting