Chief Accountant
Tabarak for Engineering & construction.
Total years of experience :11 years, 11 Months
* Accounting,
-Handling daily accounting functions such as accounts payable and accounts receivable..
-Reviewing and approving journal entries.
-Ensuring that bank reconciliations are completed and reviewed regularly.
-Following up with the Projects in order to maintain a continuous knowledge of projects status in order to identify potential issues within or related to the project.
-Managing and settling all claims of petty cash for the project, and working with sites to ensure sufficient balances are held on sites to meet obligations.
-Reviewing approving and signing all suppliers, subcontractors' claims within agreed authority matrix for the project.
-Conferring with receivables staff regarding uncollected contract billings.
-Ensuring all costs must be applied to the correct cost center accounts to provide a fair cost appraisal of all projects.
-Supervising, analyzing, maintaining and preparing all accounts to obtain financial statements such as loans, prepaid, accounts receivable, revenue, depreciation, cost, , and operating expenses accruals to ensure accuracy of books of accounts.
-Handling completion of month-end and year-end reporting in line with requirements and ensuring an accurate and timely monthly and year-end close with timetables.
-Preparing monthly, quarterly, and annual financial statements (balance sheet, income statement , statement of cash flow, statement of owner’s equity).
-Preparing monthly cost report and quarterly project reports in coordination with Project Controls function to be presented and identifying any patterns or anomalies which need to be explained.
-Supervising, Guiding and supporting subordinates in carrying out their duties and ensuring smooth coordination between departments to achieve agreed-upon targets.
-Maintaining project-related records, including contracts and orders.
-Preparing cash flow reports and ensuring support documents are attached.
* Reporting,
-Preparing and submitting monthly and periodic financial reports, such as Trial Balance financial statements.
- Managing Reports (Preparing revenues and Costs reports and inventory cost) in order to define gross margins for each project.
-Providing heads of projects and other unit managers with any required financial reports/ data.
-Providing status of financial condition by collecting, analyzing, and summarizing information and trends.
-Ensuring and verifying monthly reports are conducted accurately.
-Acting as the key point of reference for all queries connected to financial accounting or management information.
* Budgeting,
-Participating in preparation of monthly, quarterly and annual budgets, update statements and reports of estimated future costs and revenues and forecasts of cash follow .
-Monitoring performance against planed and Calculate variances from the budget and report to management.
* Internal Controls,
-Intervening at any level, where financial policies and procedures are not being followed.
-Ensuring compliance with accounting policies and procedures.
-Ensuring reliability and integrity of financial information.
* Taxation,
-Complying with regulation of (value added tax, withholding tax, payroll tax, income tax) by preparing required application and applying it on time.
* External audit,
-Providing external auditors with all financial data in order to facilitate auditing procedures, and responding to any given queries raised by auditors.
* Operational,
- Starting review P.O with P.O.Q to verify quantities required for project; checking P.O with price offers and discounts, verifying payment methods with vendor contracts.
- Reviewing subcontractors’ contracts with P.O.Q analysis, reviewing subcontractors’ periodical progress, verifying balance to be paid periodically.
- Handle full of financial and cost accounting role e.g.; asset, liability, revenue, and expenses entries by compiling and analyzing account information.
- Responsible for day to day finance and accounts operations; Maintains and balances accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
-Perform full set of accounts and ensure timely closing of accounts; Maintains general ledger by transferring accounts; preparing a trial balance; reconciling entries.
- Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis; establish and maintain systems for cost-sensitivity analysis and early-warning of cost-overruns Work consultatively with the respective departments on cost reduction initiatives.
- Perform project cost forecasts/budgets, cost tracking, monitoring and controls.
- Responsible for timely monthly management reporting Summarizes financial status by collecting information; preparing consolidated financial statements, payments, cash-flow and other statements.
- review payroll computer processing.
- Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
- Avoids legal challenges by complying with legal requirements.
-Secures financial information by completing database backups.
- Protects organization's value by keeping information confidential.
- Assist with financial and tax audits
- Assist with preparing tax returns and corporate reporting requirements.
- prepare quarterly financial reports; analyzing and correcting discrepancies.
- Assist in monitoring of internal controls.
- Involved in Quarterly & Annual Financial and Fiscal Plans.
- Develop and implement finance, accounting, billing, and auditing procedures.
- Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
- Other projects as assigned
Executing manual and using (EL Motammem) accounting system
auditing team leader for manufacturing, construction
Book keeping for industrial and construction companies, and auditing team member for manufacturing, construction, stevedoring and warehousing, fright forward
Pay Roller (in charge of the pay roll from recording all data for attendance up to make final salary sheets for the company which contain 900 employees up to 01/04/2006, in charge of arranging transportation for employment and handling the matter with transportation companies and preparing for their monthly payment for their services . Responsible about interviewing, hiring, training program for new and non experienced employment, preparing and updating employment manual which contain full description for each job details and all the skills which the employee needed to do required tasks, planning for training program, aware of insurance &labor laws.
