Accounting Manager
MCES Group
Total years of experience :16 years, 11 Months
One of the largest companies in Kuwait in the area of Hygiene Contracts.
Key Rsponsibilities:
• Prepare financial statements, analyze and direct internal and external audits to ensure compliance.
• Look at recent financial performance and identify trends.
• Reviewing the facilities contracts, negotiating successfully to reducethe interest rate by 0.05%.
• Prepare reports on the above information and communicate the insights of these reports to the broader business.
• Participation in a plan set to develop and train the departments staff resulted in raising the efficiency of staff by 13 % in 2017 according tothe annual evaluation.
• Consult with the management team to develop long-term commercial Plans.
• Develop and document business processes and accounting policiesto maintain and strengthen internal control.
• Review all contracts, analyze the projects cost center and created periodic reports comparing budgeted costs to actual costs.
• Review and manage payroll for over 4500 employees monthly including resolving problems with the payroll manage.
• Suggest budgets and improvements based on the above information.
One of the largest companies in Kuwait in the area of Trading Variety.
Key Rsponsibilities:
• Prepare financial statements on a monthly and quarterly basis, handled responsibilities of analyzing month-end financial reports, and performed account reconciliations.
• Directed and trained the staff on various different functions which resulted in saving more than 1.5 % in the first year by reducing outside collection agencies fees.
• Review and recommend modifications to the accounting system and Procedures.
• Participate in financial standards setting and forecast process.
• Review, verify, allocate, post, and reconcile accounts.
• Prepare monthly and annual expense forecasts, including any necessary recommended action required to manage costs to achieve budget.
• Liaison with external auditors on the Annual statutory audits and principal and timely filing of accounts with the authorities.
• Review all contracts, analyze the projects cost center and created periodic reports comparing budgeted costs to actual costs.
Lead a team of five auditors:
Key Rsponsibilities:
• Reviewing the financial statements and trial balances for clients and ensuring the accuracy of the financial statements.
• Review the performance of audits and review under the general auditing standards.
• Prepare Income, VAT, and wealth tax returns, etc.
• Produce error- free accounting reports and present the results.
• Participated on improve the internal processes of the internal audit department, regarding audit planning, risk assessment, audit programs, the reporting process for customer.
• Computed taxes owed and prepared tax returns ensuring compliance with payment, reporting, and other tax requirements.