Mohammed Hamdy Abdultawwab   Abdulnaby, Chief Accountant

Mohammed Hamdy Abdultawwab Abdulnaby

Chief Accountant

Raghaeb Company for Restaurant Management and Catering.

Location
Saudi Arabia - Jeddah
Education
Bachelor's degree, Accounting
Experience
17 years, 3 Months

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Work Experience

Total years of experience :17 years, 3 Months

Chief Accountant at Raghaeb Company for Restaurant Management and Catering.
  • Saudi Arabia - Jeddah
  • My current job since December 2017

Company Activity: Raghaeb Company has and operates a big chain of Egyptian restaurant franchise ‘ Koshary Abou Tarek ‘ in KSA.

• The main responsibilities

» Establish and maintain financial policies, Regulations and procedures with assure that Understanding and adhere to financial regulations and legislation.
» Manage and oversee the entire accounting team to conduct all necessary trainings to keep the team’s skills and expertise up to date.
» Perform month-end accounting adjustments such as reconciliations, provisions entries and monthly entries.
» Prepare financial statements monthly, quarterly and annually to find out results of business as per cost centers.
» Perform financial analysis and recommendations to financial statements and reporting to management at timely bases.
» Oversee all accounting including ledgers, assets, credit, collections, and accounts.
» manage, review and discuss cost control accountant reports regarding to recipe of products, production process then provides it to executive manager.
» Monitor expenditures, analyze revenues and determine budget variances and report the same to management.
» Responsible for relationships and contract with external contacts such as auditors, banking and other financial needs.
» Responsible for Providing VAT reports.

Chief accountant at Complementary Supply Company (CSC)
  • Saudi Arabia - Jeddah
  • November 2016 to December 2017

Company Activity: CSC is a multinational Co. operating in five countries around the world in the field of import from China through providing its customers all commercial services through searching resources, trips management for trading, Trademarks…etc., and also sale and marketing of the whole new products Online, it is working in KSA under the vision of supplying the Saudi market with high quality of commercial services & products at competitive prices from china.

• The main responsibilities:

» Managing the accounts Dep. and reviewing all financial and administrative reports required for BOD.
» Prepare Reports With recommendations that Helps BOD in managing company’s assets, liquidity and profitability.
» Prepare financial and administrative regulations, responsibilities and laying down the rules governing the work.
» Manage and follow-up work between different departments through the CRM system using HubSpot site.
» Follow-up Purchases with the branch in China and ensure preparing all documents necessary for import operations.
» Review company's contracts with customers and assure that all it’s terms are met with the agreements and conditions with the customers.
» manage the company’s business in the absence of the Chairman and the General Manager.

- On the side of planning and budgeting.

» Lay the foundation stone for planning. And assist management in Drafting its strategic objectives.
» Develop the Annual budget according to BOD Objectives and ensure that it down to the all functional level, and Assuring that they serve all the functional operations level.
» Prepare the general budget in the light of the budgets of the various departments.
» Ensure the implementation of the Company’s objectives, plans, policies & procedures through Monitoring the operating results, compare them to goals & objectives, and report results to the BOD.
» Compare Actual performance with budget on a regular basis to detect deviations and take corrective action if necessary.

senior accountant at Maged Al-Makati co.Ltd
  • Saudi Arabia - Jeddah
  • November 2014 to November 2016

Company Activity: electromechanical contracting business

• The main responsibilities:

» Responsible for preparing the necessary procedures and documents needed to NCB for issuance Facilities (financing - letters of credit - letters of guarantee).
» Prepare invoices and documents that is needed for governmental agencies. To receive Company’s Contracts amounts.
» Review and settle Employees Petty Cash.
» Prepare monthly salaries, and submit it to pay through the Wages Protection System (WPS) using NCB account.
» Prepare financial statements for the ending years 2014 & 2015 AD, and coordinate with the external Auditor to Reviewing and approval.
» Through my work I gained experience about laws of Labor Office, passports and I can settlement them Transactions and procedures.

senior accountant at Al Bohayirah Al arabiya Establishment
  • Saudi Arabia - Hail
  • May 2013 to November 2014

Company activity: the transfer of petroleum products (Transport).

• Duties and main responsibilities:

» Oversee entire accounting functions and Manage a team consist of 4 accountants and day to day entries & transactions.
» Review settlement customers and suppliers accounts, and contact with them for matching balances, if needed.
» Review and follow-up customers payment under the policies developed and credit periods.
» Prepare monthly and yearly financial statements.
» Identify the areas of weaknesses and deficiencies in accounting work, and based on that,
» Participated with the company's management to determined accounting software compatible with the nature of the Company's business and I had built the chart of accounts and entered the accounts on the program.
» Develop the work in the departments of financing, accounting, purchasing, warehousing and sales. To improving the internal control procedures and policies.
» Co-operate with the sales department to improve and update the sales policies and sales management.

senior accountant at Al Bohayirah Al arabiya Establishment
  • Saudi Arabia - Hail
  • May 2013 to November 2014

» Oversee entire accounting functions and Manage a team consist of 4 accountants and day to day entries & transactions.
» Review settlement customers and suppliers accounts, and contact with them for matching balances, if needed.
» Review and follow-up customers payment under the policies developed and credit periods.
» Prepare monthly and yearly financial statements.
» Identify the areas of weaknesses and deficiencies in accounting work, and based on that,
» Participated with the company's management to determined accounting software compatible with the nature of the Company's business and I had built the chart of accounts and entered the accounts on the program.
» Develop the work in the departments of financing, accounting, purchasing, warehousing and sales. To improving the internal control procedures and policies.
» Co-operate with the sales department to improve and update the sales policies and sales management.

Internal Auditor at Alexandria for Construction Company (ACC) (Talaat Mustafa group) (Madinaty project) (New Cairo)
  • Egypt - Cairo
  • October 2009 to April 2013

Company Activity: Civil construction works.

• Job Description:

» Check the observance of internal control systems, by ensure compliance with all applicable directives, procedures and regulations.
» Obtaining, analyzing and evaluating accounting documentation, reports, data, flowcharts etc.
Through
» Review and follow up sub-contractor’s invoices, Contracts, suppliers’ invoices, Payroll sheets and payments procedures.
» Follow-up a achieve revenues and review customer Invoice.
» Review and follow-up monthly cash-in needs and cash out flows.
» Prepare general budget to the needs of projects per month, according to the target for each project.

Project Accountant at Alexandria for Construction Company (ACC) (Talaat Mustafa group) (Madinaty project)
  • Egypt - Cairo
  • February 2007 to October 2009

Company Activity: Civil construction works.

• Job Description:

» Prepare adjustments on sub-contractors Invoices.
» Pay cash and checks to the contractors.
» Prepare contracts to sub-contractors in accordance with the prices approved for the agenda items.

Education

Bachelor's degree, Accounting
  • at Suez Canal University
  • May 2006

Specialties & Skills

Financial Accounting
Financial Statements
managerial accounting
Financial Reporting
Accounting
Forecasting, Budgeting, Planning
Assets Management
Cash Management
Decision Making
Accounts Management
Purchase & Expense Management
Financial Reporting
Warehouse Management

Languages

Arabic
Native Speaker
English
Expert

Memberships

Syndicate Of Commercial Professions
  • Member
  • November 2007

Training and Certifications

Excel course (Certificate)
Date Attended:
February 2007
The preparation of the accounting and financial system for companies (Certificate)
Date Attended:
December 2013