Accounting Manager
Masar Alomran for Concrete Products
Total des années d'expérience :16 years, 9 Mois
-Daily Review for recording sales invoices&receipts and monitoring accounts receivables balances.
- Daily Review for purchases invoices & payments, transfers for suppliers and monitoring accounts payables balances
- Make a monthly reconciliation for both big customers&suppliers accounts and adjusting differences .
- Make a weekly reconciliation for bank accounts .
-Working as financial contact with customer, suppliers and banks
-Review all transactions to ensure complying with procedures and contracts
-Perform General Ledger accounts review and ensure timely close of General Ledger period
- Monitoring the actual costs for products through production reports and compare them with standard costs .
- preparation monthly statements for financial position & profit and loss & cash flow
- preparation monthly budget for cost elements ( Materials, labor, Indirect expenses ) according to orders required .
•Planning and budgeting for (production, materials, production lines, creditors).
•Preparing the financial statements for future years according to forecast ed inflation rates.
•Analyzing the financial statement results.
•Valuation the economic feasibility through ( NPV, IRR, payback period )
•Valuation for rate of return according to ( industry segment, Risk free rate, inflation).
Projects:
- Recycling used oil to produce Base oil.
- Factory for fiber glass .
- Farm for feeding fish.
- Manufacturing Cladding Wall.
1-Handling Suppliers (A/P).
2-Handling sub-contractors and their payments .
3-Preparing journal entries for all elements of costs according to cost centers .
4- Comparing the actual costs for the project with the standard costs and analyze the variance .
5-Responsible for bank accounts reconciliation.
6-Responsible for Assets Record and Depreciations