Chief Accountant
Al-Saeed Glass Company
Total years of experience :12 years, 2 Months
- Follow and implement all policies and procedures aimed at achieving the vision and goal of the company.
- Leading and managing the work team and working on permanent development that aims to benefit the work.
- Follow-up of cash inflows and outflows to present plans to meet current and expected obligations.
- Submit suggestions that always help in improving the financial position of the company and present them to the company's board of directors.
- Carrying out all the tasks of the accounts manager related to accounting operations, financial reports, claims and financial reconciliations.
- The tax returns (VAT) of the company are made and processed and filed on a monthly basis, and payment continues before the specified period ends.
- Making final accounting entries at the end of each quarter and preparing financial reports and quarterly financial statements according to the standards.
- Contribute to preparing the budget for the year 2020 and bringing about the changes resulting from the Corona pandemic COVID-19.
- Contributing to product pricing by preparing budgets (sales budget, needs budget, identification of purchases, production budget and expenditure budget Preparing the statement of cash flows to determine the cash coming in and out and from any activities.
- Participate in closing and preparing final reports and preparing financial statements.
- Evaluation of production performance and cost control .
- Follow up on accountants' tasks and ensure their participation in preparing periodic and annual reports.
- Audit accounts and costs before posting to general accounts.
- Follow-up and fulfilling the requests of the relevant authorities such as the Zakat and Income Authority and dealing with the chartered accountant, etc.
Testing accounting programs, discovering gaps, addressing them, and qualifying them
Providing accounting services such as training, qualifying and preparing accountants and establishing the
.accounting course, starting with the accounting guide for preparing financial reports
.Financial analysis and performance evaluation
- Preparation of the accounting manual and documentary cycle of the accounting system.
- VAT tax return prepared .
- Following up and closing accounts and preparing financial statements .
- Preparing final accounts and financial statements
- Follow up on each of the branches and warehouse accountants, receive periodic reports and coordinate tasks between them.
- Periodic monitoring of costs and support for the inventory and cost accountant, continuous review of inventory costs, and assurance of manufacturing and distribution operations for indirect industrial expenses on the product.
- The necessary closings, periodic and recurring restrictions, inventory adjustments, and quarterly reports are made.
- Preparing monthly tax returns for value-added tax (VAT) .
- Participate in closing and preparing final reports and preparing financial statements.
-Preparation of the accounting manual and documentary cycle of the accounting system ) Coding the main accounts, the accounting guide, coding the types of supporting documents, linking them to the main accounts, recording operations and migrating them to ensure the integrity of linking them to the accounts and extracting the financial report that confirms this.
- Prepared the documentary session for the manufacturing process and cost control (The manufacturing equation for a finished product from raw materials is determined by determining the product’s complete need of the raw materials that make up it in predetermined proportions from the production engineer or from a competitor’s product data and specifying all direct and indirect industrial expenses and charging them to the product through coding intermediate accounts Which is the internal assembly and closure of the main accounts or direct loading in order to determine the actual cost of the complete product.
- Explain how to prepare and file the VAT return for the company (After encoding a special account for the value-added tax and the types of documents linked to it that distinguish the tax as a sales tax or an input tax (purchases and expenditures), the integrity of the tax invoice is verified before registration and that it meets the conditions.
- An added tax report is made whether it is on the type of document to clarify Tax on inputs and outputs separately, and determining who is due to be paid.
-Also, an account statement can be made on the main account and the final balance can be obtained and matched with the balance resulting from the sub-reports.
- The manufacturing equation for a finished product from raw materials is determined by determining the product’s complete need of the raw materials that make up it in predetermined proportions from the production engineer and specifying all direct and indirect industrial expenses and charging them to the product through coding intermediate accounts Which is the internal assembly and closure of the main accounts or direct loading in order to determine the actual cost of the complete product.
- A movement report is made for each item to ensure the average cost of each item, determine the reason for the differences, work to solve them, and make a cost recalculation for each
item separately, in order to control the cost before the posting process for the safety of the balances.
- The needs of each branch are determined from the inventory, a report is made of the deficiencies, purchase orders are made, they are approved for implementation, sent to local or external suppliers, price offers are reviewed, choose the best ones, and presented to the administration before approval, and the method of purchase is determined, whether by direct payment or through documentary credits.
- And record all of that on the program .
- Coordination with the main warehouse keepers is to ensure that the incoming and outgoing goods are recorded from the stores to the branches and review this daily and make an inventory periodically to ensure the stock balances and the absence of errors and compare them with what was recorded on the program.
- Annual inventory committees are made of branch accountants and store accountants on branch managers to ensure the correctness of the stock balances in the branches.
- After preparing the clear reports of the inventory results and submitting them to the accounts manager or the financial manager, the necessary inventory adjustments are made .
- At the end of each day, the branches' diaries are reviewed from sales, collections from customers and all expenses, whether purchases or custody, and the correctness of recording them on the accounting program, and following up on the clients ’debts and submitting a report related to this to determine the clients’ balances and monitor them first and foremost.
- Determining the credit limit for customers in withdrawals, determining the age of debts, following up on collection, and making surprise field visits to the branch as a kind of control to ensure the quality of work and keenness to help the branch manager to solve the branch's problems .
- The employees' pledge is reviewed and settled, and a periodic report is made in it to find out the balances of the employees ’pledge, and they are recorded on the program.
- The revenues of the cash branches are received and deposited in the bank, and the integrity of the incoming or outgoing transfers is verified and the correctness of their registration on the program, the follow-up of transfers between banks and payments to suppliers, the follow-up of documentary credits, loan installments, and international transfers, and all of this is recorded on the accounting program.
- And making bank reconciliations on a monthly basis and matching the book balance with the balance of the statement sent by the bank at the end of each month.
Accountant Contracting in Mustafa Office for Contracting in 2012 & Assisted
management with the finalization of the annual expense plans.
Bachelor of Accounting . Very Good .