Chief Accountant
Nesma Trading Co Ltd
Total des années d'expérience :15 years, 9 Mois
• Lead and manage the finance department of two Nesma Trading's subsidiaries and handle the monthly closing activities.
• Coordinate closely with projects and cost control departments to ensure proper treatment of cost, revenue and billing
• Prepare accurate financial reports and monthly statements
• Manage treasury and cash management by overseeing reconciliation of banking activity.
• Manage the payroll processing to assure the predetermined company guidelines and local regulations are implemented.
• Collaborate with external auditors on annual audits and realized compliance with governmental tax guidelines.
• Collaborate with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
• Perform advanced review of business operational trends and expected obligations to prepare accurate forecasts.
• Assess budget plans and present costs to forecast trends and recommend changes.
• Monitor department’s workflow and KPIs with a direct reporting to the Finance Manager and daily coordination with the entities’ GMs
Assisting Finance Manager with preparation financial statements, business activity reports, financial position forecasts required by senior management, review and analysis of financial statements, G/L, conduct, and coordinate company’s monthly and year-end closings with full responsibility of the following:
• Account receivable: Responsible for preforming data entry and related duties in posting Account Receivable payments. This include: Maintain up to date billing system, Perform account reconciliation, Research and resolve payment discrepancies, Review AR aging to ensure compliance, Investigate and resolve customer issues, and Report bad collection on a timely basis.
• Treasury: responsible of all cash related issues, receives expense claims from employees and reimburse them from the bank, receives petty cash and reimburse the invoices from Bank, allocate the expense based on the nature of the expense, project, and department. Perform bank account transactions in addition to all banking related matters: deposits, withdraw, bank reconciliation, cheques, LG’s, LC’s, and transfers.
• Payroll: responsible of verifying monthly timesheet entered by HR and generate monthly payroll, which includes the preparation of all operations and makes payroll journal entries and generate reports on employees’ wages and mandatory and voluntary deductions. Monitoring all aspects of monthly Payroll, GOSI premiums & policies and EOSB
• Account payable: Receive and verify supplier’s invoices for goods and services to make sure that they comply with financial policies and procedures of the company record all invoices and prepare payment advice in the system, review the suppliers aging report, and reconcile Supplier's statement of account.
• Projects cost tracking: Monitor the financial progress of a project, calculate fixed and variable costs and compare it to the budgets help senior management.
• Petty cash: Responsible of all cash related issues, receives expense claims from employees and reimburse them from the bank, receives petty cash and reimburse the invoices from Bank, Allocate the expense based on the nature of the expense, project, and departments.
- Preformed all bookkeeping manually including: purchase orders, account payable, account receivable, invoices, financial statements, inventory, payroll, Zakat, and other general accounting duties as assigned.
- Preformed all bookkeeping manually including: purchase orders, account payable, account receivable, invoices, financial statements, inventory, payroll, Zakat, and other general accounting duties as assigned.
- Preformed all bookkeeping manually including: purchase orders, account payable, account receivable, invoices, financial statements, inventory, payroll, Zakat, and other general accounting duties as assigned.
- Preformed all bookkeeping manually including: purchase orders, account payable, account receivable, invoices, financial statements, inventory, payroll, Zakat, and other general accounting duties as assigned.
- Typed and reviewed contracts
- Scheduled appointments
- Prepared invoices, reports, memos, and official letters
- Prepared payroll excel spreadsheet
- Made workers travel arrangements
- Prepared and file most of the governmental paperwork
Key courses taken: Financial Accounting Managerial Accounting Accounting Information Systems and Control (SAP) Intermediate Accounting I and II Cost Accounting Auditing Federal Income Taxes Enterprise Technology Integration (SAP) Database Design (SQL) Data Communications and Networking Business Systems Analysis (UML) Operations Management Planning Control and Performance Evaluation Using SAP Programming and Algorithms I (JAVA)
