Accounting Operation Team Leader
KFH ( Kuwait Finance House )
مجموع سنوات الخبرة :21 years, 0 أشهر
• Responsible to lead and manage all activities of the Finance team overseeing financial aspects of company strategy and being responsible for the flow of financial information to the Management Committee.
• Define & Control the financial integrity of all transactions and security of all group assets by implementing financial controls and review processes for compliance company policies and government laws.
• Review Audit results, evaluate the finding, lapse and weakness and recommend action plans thereof. Also, Assist in the recommendation and successful implementation of business process improvement opportunities within finance.
• participate in the annual budget preparation process of the Company from data collection stage, to coordination with Operations and Accounts teams, review and verification until consolidation.
• Control all Ledgers related to the wholesale finance department, maintain proper reconciliation and take corrective action for any variances / discrepancies.
• Develop and document business processes and accounting policies to maintain and strengthen internal controls.
• Preparing and presenting accurate, timely and regular financial or business Reports to the Board and Managing company policies and procedures regarding but not limited to accounts receivable and Assets held for lease or murabaha, Profits generated from finance products, finance audits and cash flow management.
• Liaise with our Financial manager and Accounting manager to improve financial procedures and arrange training for staff.
• Preparation of monthly financial statements and ensure timely completion.
• Review financial accounts and ensure appropriateness of provisions and accruals with the Manager.
• Liaison with internal & external auditors in completing audits ( Quarterly & Year End ).
• Provides financial reporting and analysis For company's projects ( e.g Break-even analysis, Budget Reports )
•Maintaining monthly Reports for Managed Property assets for others ( e.g monthly rental collections, delinquent lessee, maintenance reports, etc ... ).
•Provide meaningful and comprehensive management informations .
•Work closely with IT to improve, change, and enhance system capabilities and/or system issues .
•Review and approve payments and reimbursements based on the authorization.
•Monitor petty cash and ensure correct cost allocation to relevant projects .
• Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass salary updates, ledger, and account maintenance and data entry.
• Prepare Balance Sheets, income statement, budgeting Reports .
• Coordination with external auditors in completing audits ( Quarterly & Year End ).
• Provides financial reporting and analysis to company's projects .
• Processing & Auditing all Journals & Transactions related with Kuwait Stock
Exchange and Kuwait Clearing Co.
• Processing all Evaluating entries For ( Investment Properties & Marketable Securities & Investments Available For Sale & etc... )
• Prepare Monthly Reports For ( Trading In Direct Shares & Forward Shares & portfolio Position And All Reconciliation with Related Parties )
• Prepare Monthly Payroll And All financial packages (Indemnity & Staff leave Payment & Medical ) And petty cash disbursements .
• Review Monthly subsidiary’s Financial Statements
• Lead and coach teams of accounting staff
• Assist in preparation of Financial Statements .
• Processing Accruals and provisions calculations, Franchise Fees .
• Consolidation and finalization of accounts, and liaisoning with Internal And external auditors.
• Managing monthly payroll and financial packages (end of service & leave Payments.)
• Processing of all accounting documents and transactions to correct cost centers.
• Ensuring the implementation of company policies and work procedures.
• Generating reports such as GL, AR and AP analysis, Inventory and Fixed Asset
• Prepare all accounting journal entries.
• Prepare accounting vouchers through the computer system for auditing.
• Review and approve all accounting vouchers, payments, Receipts, petty cash Disbursements, and their supporting documents.
• Prepare Bank Reconciliation, trade accounts receivable, and confirm balances.
• Make physical checks, count on inventories, fixed assets, and confirm balances.
• Analyze accounts to make sure all transactions are recorded accurately.
• Assist in preparation of payroll and all related entries.
• Process and prepare daily sales for 20 branches like ( MANGO - STRADIVARIUS - IKKS - CELIO - CONFETTI - P.BOY - LEGO - CHIPIE )
• Review and approve purchase orders.
• Receives supplier’s statement and reconcile it to the account payable.
• Monitor day to day collection deposits for all branches, and make all related entries.
• Assist in calculate monthly sales commission for staff.
• Review and approve all accounting vouchers, payments, Receipts, and their supporting Documents For All Branches .
• Prepare Bank Reconciliation.
• Review Company’s Deposits In Foreign Banks .
Certification in International Financial Reporting - CertIFR
CMA Part 1 : Financial Planning, Performance and Internal Control CMA Part 2 : Financial Decision Making
Bachelor of Commerce General Accounting
