accounting manager
Exeed Industries
Total years of experience :12 years, 3 Months
Chief Accountant - Reporting to CFO
JUNE 2019 - Till Now
Exeed Industries Co.
1) Accounting :
. Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
· Leading the preparation of the annual, quarterly and monthly financial reports and ensuring timely and accurate compliance with the requirements of the annual statutory financial reporting
· Overseeing the accounting function including the development of the policies and procedures, chart of accounts, as well as the AP/ AR/ payroll and inventory costing activities and transactions.
· Leading the liaison and negotiations with the external auditors on audit work plans, timetables, resourcing and fees
· Overseeing and supervising the treasury strategy and undertaking treasury planning and banking relationship management
· Overall Tax and VAT strategy and planning in compliance with local market regulations
· Managing the insurance policies and relationships with insurance brokers, optimizing costs and minimizing risks across the business
2) Budgeting :
. Prepare & analyses Annual budget & tracing costing for branches .
. Prepare Actual/Budget variance reports.
. Costing analyses & Reporting .
Chief Accountant & Reporting Officer - Reporting to Group CFO
Sept 2018 - Till Now
ALBYAN Co.
1) Accounting :
. Manage all accounting operations including Billing, A/R, A/P, GL and Counsel, Cost Accounting, Inventory Accounting and Revenue Recognition
· Leading the preparation of the annual, quarterly and monthly financial reports and ensuring timely and accurate compliance with the requirements of the annual statutory financial reporting
· Overseeing the accounting function including the development of the policies and procedures, chart of accounts, as well as the AP/ AR/ payroll and inventory costing activities and transactions.
· Leading the liaison and negotiations with the external auditors on audit work plans, timetables, resourcing and fees
· Overseeing and supervising the treasury strategy and undertaking treasury planning and banking relationship management
· Overall Tax and VAT strategy and planning in compliance with local market regulations
· Managing the insurance policies and relationships with insurance brokers, optimizing costs and minimizing risks across the business
2) Budgeting :
. Prepare & analyses Annual budget & tracing costing for branches .
. Prepare Actual/Budget variance reports.
. Costing analyses & Reporting .
1)Doing & managing all day to day accounting functions :
A- closings monthly & yearly, ensuring that all balance sheet and income statements items are accurate .
B- Cash management; reconciliations, monthly cash flow reports and perform periodic cash flow forecasting .
2) Reporting :
A- Prepare financial statements and other reports to summarize and interpret current and projected financial position of the company .
3) Budgeting :
A- Prepare annual budget .
B- Prepare Actual/Budget variance reports
.analyses &
4) Internal Auditing & Development :
A- Develop and implement internal controls and relevant policies and ensure compliance with company’s existing internal policies and procedures
B- Advise the management on matters related to Accounting and Finance and to make sure that all the accounting practices are in accordance with IFRS
C- Capable of managing and assisting employees within the department
D- Adheres to internal and external deadlines
E- Prepares supporting schedules for the annual financial review
F- Communicate and Work with external auditors during financial audits.
Preparing financial statements in accordance with “International Financial Reporting Standards”
- Establishing, maintaining and coordinating a sound internal control system over Finance and Information Systems.
- Expertise over professional standards and extensive hands-on experience over the practical
- application thereof (i.e. International Financial Reporting Standards (IFRS).
- Ratio & Industry analysis.
- Budgeting and comparisons.
- Preparing regulatory returns
- Replying to regulators regarding financial queries
- Analyses financial statements
- Prepare and analyze standard product cost rolls, collaborating with production team, procurement team and product development to ensure accurate costing of bill of material and routing.
- Report and analyze site cost savings initiatives, identify opportunities to lower product costs and increase manufacturing efficiency.
- Support the development of cost allocation methodology and routing assumptions
- Support sourcing decisions such as make vs. sub contract.
- Investigate and analyze variances to standard, including labor efficiency, scrap, usage and purchase price variances.
- Prepare cost and efficiency reporting as required to support manufacturing goals.
- Develop costing and analysis to support new product development activities.
- Reporting to CFO for communication and relate financial measurements to non-financial functions to motivate and challenge the planning team, production team, to reach their full potential
- Business partner and an active participant and contributor to the continuous improvement process.
- Ensure Style costing / post order costing for variance analysis.
- Coordinate with IT department for ERP solution for reporting.
Internal Audit as (Rehabilitative training to work ) :
• Conduct risk assessment /required timeline
• Establish risk-based audit programs
• Determine scope of review in conjunction with the Audit Manager
• Review the suitability of internal control design
• Conduct audit testing of specified area and identify reportable issues and dimension of risk
• Determine compliance with policies and procedures.
• Verbally communicate findings to senior management and draft comprehensive and complete report of audit area.
Yarmouk University (2008-2012) Faculty of Economic and Administrative Sciences B.Sc Accounting, Pass (132 Hours), GPA (81.2%) Rating: Very Good