MOHAMMED AYOOB

• Prepare and Submit monthly VAT & WHT (Withholding Tax) return reports on the ZATCA website.
• Ensure VAT & WHT payments are transferred to the ZATCA account on time.
• Full accounting of all tax-related transactions specializing in VAT and WHT.
• Monthly VAT Returns, reconciled to General Ledger, within ZATCA timeframe rules.
• Providing day-to-day advice and support on VAT and Tax related matters.
• Month-End Closings.
• Preparation of Ageing Analysis of Receivables
• Making journal vouchers.
• Reconciliation of Complex Account
• Assisting CFO
• Supervising Accountants, Junior Accountants, and trainees.
• Handling and Supervising all expense payments such as Government, Vendors’ Suppliers’ Invoices, Petty Cash, Cheques, Staff Reimbursements on travel and Final Settlement, etc.
• Preparation of Profit and Loss Account and Balance Sheet. Finalization of accounts.
• Meeting deadlines and working well under pressure to produce accurate results
• Advise management through strong verbal and written communication regarding accounting, and financial topics.
• Supervising a team and including as well as tasks given to them.• Prepare and Submit monthly VAT & WHT (Withholding Tax) return reports on the ZATCA website. • Ensure VAT & WHT payments are transferred to the ZATCA account on time. • Full accounting of all tax-related transactions specializing in VAT and WHT. • Monthly VAT Returns, reconciled to General Ledger, within ZATCA timeframe rules. • Providing day-to-day advice and support on VAT and Tax related matters. • Month-End Closings. • Preparation of Ageing Analysis of Receivables • Making journal vouchers. • Reconciliation of Complex Accounts • Assisting CFO • Supervising Accountants, Junior Accountants, and trainees. • Handling and Supervising all expense payments such as Government, Vendors’ Suppliers’ Invoices, Petty Cash, Cheques, Staff Reimbursements on travel and Final Settlement, etc. • Preparation of Profit and Loss Account and Balance Sheet. Finalization of accounts. • Meeting deadlines and working well under pressure to produce accurate results • Advise management through strong verbal and written communication regarding accounting, and financial topics. • Supervising a team and including as well as tasks given to them.
Skills: Financial Statements · re insurance · Withholding Tax · General Ledgers · Account Reconciliation · Value-Added Tax (VAT)

● Full accounting of all tax-related transactions specializing in VAT and WHT.
● Preparation of Monthly VAT Returns, reconciled to General Ledger, within ZATCA timeframe rules.

● Manage VAT tax audits and answer ad hoc queries with tax authorities (ZATCA) about tax payment and tax filing issues.

● Maintenance of VAT rates/codes within IT systems and ongoing monitoring of rates.
● Recoveries from ZATCA i.e. VAT bad debts etc.
● Calculation of the VAT Exemption annual ratio.
● Calculation of Withholding Tax for treaty & facultative reinsurance, etc.
● Prepare and adapt aging reports of receivables to calculate the bad and doubtful debt reserves.
● Prepare and analyze sales commission reports for Brokers and Agents etc.
● Review and approving of accounting documents such as Journal Vouchers,
Payment vouchers and Receipt vouchers, technical entries (Treaty & FAC), etc.… prepared by the accountants to ensure the accuracy of information and calculations and make or direct correcting entries.

● Manage and control all types of expenditures including capital and other expenses, as well as purchases, ensuring formal approvals at required levels and timely settlement of related invoices.

● Profit & Loss Account, Balance sheet, Bank Reconciliation Statement.
● Controlling and Maintaining a Chart of accounts (Balance Sheet / P & L accounts)
● Compliance and advice on various facets of tax regulations, such as e-invoicing, etc.

• Calculation of Withholding Tax for treaty, facultative reinsurance and other expenses for outside Kingdom.
• Keep tracking the records of reinsurers.
• Finalization of accounts.
• Month End Closing
• Preparation of Ageing Analysis of Receivables
• Calculation of Commission for brokers & agents
• Preparation of reinsurance bordereaux of treaties / cessions
• Preparation of reinsurance claims facultative bordereau and other insurance bordereaux
• Making journal vouchers for reinsurance accounts.
• Reconciliation of Complex Account
• Assisting Finance Manager
• Supervising Accountants, Junior Accountants and trainees.
• Prepares, analyzes and distributes financial results including variance explanations with a graphical presentation.
• Preparation of Budget
• Preparation of Fund Statement of various business classes and preparation of Balance Sheet.
• Preparation of Consolidated Profit and Loss Account and Balance Sheet.
• Meeting deadlines and working well under pressure to produce accurate results
• Furnishing all details and documents required by Auditors
• Calculation of Withholding Tax for treaty, facultative reinsurance and other expenses for outside Kingdom.
• Keep tracking the records of reinsurers.
• Finalization of accounts.
• Month End Closing
• Preparation of Ageing Analysis of Receivables
• Calculation of Commission for brokers & agents
• Preparation of reinsurance bordereaux of treaties / cessions
• Preparation of reinsurance claims facultative bordereau and other insurance bordereaux
• Making journal vouchers for reinsurance accounts.
• Reconciliation of Complex Account
• Assisting Finance Manager
• Supervising Accountants, Junior Accountants and trainees.
• Prepares, analyzes and distributes financial results including variance explanations with a graphical presentation.
• Preparation of Budget
• Preparation of Fund Statement of various business classes and preparation of Balance Sheet.
• Preparation of Consolidated Profit and Loss Account and Balance Sheet.
• Meeting deadlines and working well under pressure to produce accurate results
• Furnishing all details and documents required by Auditors

Skills: Accounting · Account ReconciliationSkills: Accounting · Account Reconciliation

• Lead role in the Implementation of ERP Premia/Orion from Finance Dept.
• Calculation of Unearned Premium and Unearned Commission
• Preparation of reinsurance bordereaux of treaties / cessions
• Preparation of reinsurance claims facultative bordereau etc.
• Making journal vouchers for reinsurance accounts.
• Preparation of Ageing Analysis of Receivables
• Month End Closing
• Reconciliation of Complex Account
• Assisting Finance Manager
• Supervising Junior Accountants
• Prepares, analyzes and distributes financial results including variance explanations with a
graphical presentation.
• Preparation of Fund Statement of various business classes and preparation of Balance Sheet.
• Preparation of Consolidated Profit and Loss Account and Balance Sheet.
• Furnishing all details and documents required by Auditors
. Preparing Payroll Statements.
Preparing Cashbooks, Bankbooks and Journal Entries.
• Handling Banking Transactions
.• Lead role in the Implementation of ERP Premia/Orion from Finance Dept.
• Calculation of Unearned Premium and Unearned Commission
• Preparation of reinsurance bordereaux of treaties / cessions
• Preparation of reinsurance claims facultative bordereau etc.
• Making journal vouchers for reinsurance accounts.
• Preparation of Ageing Analysis of Receivables
• Month End Closing
• Reconciliation of Complex Account
• Assisting Finance Manage.
• Supervising Junior Accountants
• Prepares, analyzes and distributes financial results including variance explanations with a graphical presentation.
• Preparation of Fund Statement of various business classes and preparation of Balance Sheet.
• Preparation of Consolidated Profit and Loss Account and Balance Sheet.
• Furnishing all details and documents required by Auditors . Preparing Payroll Statements. Preparing Cashbooks, Bankbooks and Journal Entries.
• Handling Banking Transactions.

Skills: Account Reconciliation

• Preparation of Trial Balance, Profit and Loss Account, and Balance Sheet.
• Routine accounting tasks, such as receivable & payable accounts, petty cash, preparation of
reimbursement, and other reports.
• Preparation of aging analysis of receivables
• Prepares, analyzes, and distributes financial results including variance explanations with a graphical presentation.

• Preparation of payroll.
• Bank reconciliation statements.
• Generating reports as per the requirement.• Preparation of Trial Balance, Profit and Loss Account, and Balance Sheet. • Routine accounting tasks, such as receivable & payable accounts, petty cash, preparation of reimbursement, and other reports. • Preparation of aging analysis of receivables • Prepares, analyzes, and distributes financial results including variance explanations with a graphical presentation. • Preparation of payroll. • Bank reconciliation statements. • Generating reports as per the requirement.
Accountant

Company: Saudi CO. NOOR FOR COOPERATIVE INSURANCE,
Position: ACCOUNTANT
JOB DESCRIPTION:
• Developing Chart of Accounts
• Preparation of Journal Vouchers.
• Maintaining books of accounts and records.
• Handling of routine Bank transactions & reconciliation of accounts.
• Preparation of Bank Reconciliation Statements.
• Preparation of Monthly Profit & Loss account, Balance Sheet, and other relevant information
with monthly Trial balance.