Accounting Manager
Al Ajial Factory
Total years of experience :15 years, 5 Months
• Advise on investment activities and provide strategies that the company should take .
• Preparing monthly and forecasted cash flow .
• Preparing monthly income statement by division, balance sheet, performing data analysis and advise senior managers on profit- maximizing idea .
• Managing and coordinating monthly reporting, budgeting and forecast process.
• Analyse costs, pricing, variable contributions, sales results and the company's actual performance compared to the business plans.
• Conduct reviews and evaluations for cost reduction opportunities .
• Performing analysis by project, analyzing variance between budget and actual, calculating breakeven points, analyzing all variable cost .
•Manage and oversee all accounting transactions;liaison with auditors to ensure appropriate monitoring of company finances is maintained .
•Producing financial reports related to budgets, account payables, account receivables, expenses etc .
•Reporting to management and stakholders, and providing advice how the company and future business decisions might be impacted .
• Preparing Income statement and balance sheet for all the entities
(NY, Dubai, UK, Lebanon, Sim licensing) using one mapping.
• Checking and posting for all the transitions prepared by accountants.
(Purchase invoice, inventory, Sales invoice, and expenses).
• Performing bank and intercompany reconciliation on monthly basis.
• Checking the payroll for Lebanon, NY (commission, Bonus, social security).
• Preparing a monthly report for receivable ageing by entity.
• Preparing a monthly sales report by country and comparing the actual sales versus budget.
• Coordinating with auditor and proving them with all requirements.
• Following up on accountants, making sure that all the transactions are recorded and accounting policies are respected.
• Checking the closing entries (prepaid, accrual, necessary provisions).
• Checking the Trial balance for all the entities after closing.
• Preparing a monthly report for cash flow and payable.
-Monthly income statement analysis for Lebanon, Egypt, Turkey, and Jordan
-Preparing and analysing income statement by division with necessary ratio .
-Assisting in preparing the budget and forecast for sales, Opex, and Capex .
-Monthly comparing for actual sales, Opex, Capex to forecast .
-Assisting all purchase order for the region .
-Checking and analysing cash forecast for the region .
•Journal Vouchers Processing : Entering of journal vouchers and invoices related to expenses, checking the expense report of employees under policies, personnel, banks, inter-company transactions, closing entries, verifying the supporting documents, and printing the JVs, checking them, and submitting them to the Accounting Manager on daily basis.
•Reporting: Prepare monthly financial statements to management with the in depth analysis of the accounts movement. Prepare special reports requested from Internal & External Auditors and Management. Checking the internal & external audit reports.
•Budget: assisting in the preparing of budget, preparing a monthly report between the budget and the actual paid .
•Payables Control: Validation of Boston 's Accounts Payables invoices & I-expenses, through verifying invoices conformity checking the calculation and costing, and informing the Accounting manager about unusual inconsistencies
•Fixed Assets : Maintain and update an accurate Fixed Assets Register of the assigned companies in Oracle Assets Module in terms of Additions, Disposals, Transfers and Depreciation, reconcile balances with the General Ledger, and pursue the proper follow up on fixed assets
•Reporting & Control: Prepare monthly reports related to Payables & Receivables Aging and Intercompany Charging directly after the month closing, in addition to Cash forecast and cash flow reports
•Producing meaningful commentary and analysis of financial data.
•Preparation and reporting of income and expense forecasts to senior management.
•Identify and develop controls and processes to ensure all risks and opportunities are highlighted.
•Preparing the payroll, booking the entry and taking the necessary provisions for commission, bonus, and vacation.
•Entry of Journal voucher, bank reconciliation, petty cash voucher, preparing a monthly reconciliation report for prepaid, accrual, and all provisions.
Preparing reconciliations for suppliers andcustomers. .
•Revenues: Distribution of revenues, preparing aging reports, monthly reports for earned and unearned revenues for guarantors, preparing monthly comparisonsfor revenues and calculating the necessary ratios.
•Payables:Entering of invoices in payables module, validating, paying to suppliers and preparing aging reports for due invoices.
•Fixed Assets:Maintaining an asset register in assets module in terms of additions, disposal, depreciation, sales of asset and making the necessary reconciliations between sub ledger and ledger, making different reports from assets module .
•Payroll system:Entering of work contracts for all employees, preparing reports of loans, deductions, benefits.
•Purchasing & stock system:Preparing and confirming of Purchase orders, entering of quantities in and out in the stock system .
•Preparing a monthly report of actual cash flow, projection cash flow and making the necessary analysis between periods.
CMA under process