Accounting Supervisor
Almarai
Total years of experience :9 years, 3 Months
Prepare monthly RFC (Rolling Forecast) and annual budget of assigned profit
centers and participate in consolidation of Farming Poultry budget.
Review weekly flash reports of breeder/Broiler farms and prepare consolidated flash
report (Parent, Hatchery, and Broiler)
Prepare & post asset, liability, capital, Income and expenditure account entries by
analyzing accounting information
Prepared periodic MIS reports with Variance Analysis, monthly P&L and
consolidated Balance Sheet schedules.
Supervise periodic reconciliation of Balance Sheet GL accounts and timely clearing
of accounting entries.
Perform accurate and timely month end closure of accounts by clearing temporary
accounts, allocation of costs, posting of accruals and provisions.
Ensure smooth completion of annual audits by providing required explanation and
schedules to both external & internal auditors.
Supervise daily & quarterly stock count of warehouses which has more than 22, 000
SKUs and conduct random inventory audits and investigate any variances.
Analyze monthly payroll report and prepare consolidated direct labor cost analysis
for management review.
Deputize Farm Accounting Manager at Breeder farm and supervise subordinates.
Prepared monthly consolidated flock capitalization and amortization schedule of
breeder sites to identify the periodic cost of individual farms.
Forecasted monthly Transfer Price of Hatching Eggs by analyzing cost trends and
flock projections.
Analyzed accounting data and prepared cost reports (COS) of Parent Birds,
Hatching Eggs & day-old broiler chicks.
Monitor Poultry Capex and provide bi-monthly Capex update to EVP and Head of
Poultry Farming.
Supervise periodic verification of fixed assets and maintain an accurate Fixed Asset
Registry by timely updating asset movements.
Ensure timely processing of new asset capitalization, transfers and retirement of
assets.
Provide guidance and training to Accountants and warehouse supervisors.
Raise tax invoice thru Skelta, ensure accurate posting of sales and advance
payment from customers
Oversee the GRN creation, reconciliation and processing of vendor & employees
related payments.
Coordinate with HR and provide monthly payroll inputs on a timely basis.
Prepare budget for the entire construction site.
Ensure cash and credit payments for construction materials, workers and
subcontractors are made on time.
Maintain agreements with subcontractors and suppliers of construction materials.
Receive and verify subcontractor billings to ensure they are in conformance with the
subcontract scope, terms and conditions.
Monitor and track the cash position of the project.
Perform WBS to breakdown the total work into manageable task and subcontracting
selected work to specialist.
Prepare and analyze cost reports to ensure better management of the project.
Prepare and analyze reports which compare actual spending and cash flow versus
budget for the project.
Cash management and reporting.
Plan for construction worker and material requirements to ensure timely availability of
required resources.
Track and communicate the progress of the project to the client.
Weekly Reconciliation and finalizing payment of more than 1, 000 supplier invoices
worth more than US$ 2 Million.
Reconciled vendor outstanding statement by researching and correcting discrepancies,
worked with various departments and teams to resolve disputes.
Reconciliation & confirmation of intercompany account transactions and balances on a
monthly basis.
Assist group treasury by forecasting monthly fund requirements and timely application
of PCL (Packing Credit Limit) based on daily payment remittances.
Processed supplier payments through Electronic Fund Transfer (TT), cheque and
currency draft.
Liaising with banks related to payment clearing and PCL approval.
Maintain files and documentation thoroughly and accurately, in accordance with
company policy and accepted accounting practices.
Ensure timely preparation and recovery of debit notes.
Responded to all vendor inquiries, regularly updated and maintained vendor database.
Receives, researches and resolves a variety of routine internal and external inquiries
concerning account status, including communicating the resolution of discrepancies to
appropriate personnel.
Provide training to new employees on AP systems and policies.
Prepare Audit confirmation balances of various suppliers.
Perform month end closing and other ad-hoc duties required to support the team.