Acting Financial Controller
Al Ahli Takaful Company
مجموع سنوات الخبرة :17 years, 8 أشهر
• Processing the main ORDE's to collect the
GWP and maintain the Individual client sales
• Compile and analyze financial and operational
data.
• Entering of the group and retail life insurances,
allocation of expenses,
• Proper monthly amortization of the sales for
the year in group life Insurances
• Bank reconciliations and related party transfers
• Preparation of Withholding tax and SAMA fees
• Recording of group ceded premium and
reconciling with the reinsurance Co.
• Reconciling the splitting of cash in from funds
account with the cash out to customers on
maturity/partial withdrawal.
• Updating the death claims and reinsurance
share of death claims,
• Approving the death claims for payments
processing
• Communicating with the head of departments
to resolve the issues
• Updating ORDE summary and the reinsurance
movements for the whole year.
• Monitoring the monthly and quarterly
commission payments to brokers as per the
agreed contract.
• Preparing the month schedules for policy
holder payments, reconciling with outstanding
payments.
• Recording of the cooling of entries every month
• Analyzing Financial discrepancies and reporting
to management
• Oversee accounts receivable & payable
activities
Finance Controller
The Industrial Group, Jeddah, Saudi Arabia, Saudi Arabia
Major responsibilities Include: -
• Assist in the development and implementation of
goals, policies, priorities, and procedures relating
to financial management, budget, accounting and
payroll.
•Supervises and participates in the preparation of f
inancial statements and reports.
•Enters and also directs the entry and maintenance
of accounting records to show receipts and
expenditures.
•Maintains general and subsidiary ledgers,
accounts receivable, revenue, depreciation, and
operating expenses
•Conduct and also participates in cost analyses and
any variances in cost after running the cost run
monthly related to raw material and the finished
goods,
•Review of accounting and administrative controls.
•Establishes system controls for new financial
systems and develops procedures to improve
existing systems
•Coordinates and preparation of external audit
requirements
•Preparation and Reviewing of financial
statements with management personnel.
•Supervising the due commissions payable to the
third parties.
•Controlling of the release of the sales order for
the new orders after reviewing the payment
history and the credit rating.
•Preparing company VAT (Value added Tax) and
claims and sending it to the management for
upload in ZATCA.
•Following Strictly compliance to GAAP in
recording the transactions
•Monthly reviewing of DSO, DIO and DPO and
taking actions to know the cash conversion cycle.
•Creating other adhoc reports as per request
from management supporting with horizontal and
vertical analysis
•Supervise the banking activites like trade bills
settlement for oversees suppliers.
Accountant
Ibrahim Juffali Brothers ( JAHACO) are the dealers for Home Appliances for big brands like CARRIER, KELVINATOR, FRIGIDAIRE.
The main responsibilities include: -
• Documented all cash, credit, fixed assets,
accrued expenses and line of credit transaction.
• Managing local and foreign suppliers.
• Handling General Ledger/Payables and AR -
Intercompany and bank reconciliations.
• Ensuring the accuracy of financial documents.
• Posting of Accruals and Prepaid.
• Local and Foreign Supplier Reconciliations.
• Handling claims.
• General Ledger Entries.
• Assisting Finance Manager.
• Employees loan settlement.
• Assisting month end closing.
• Preparation of payroll sheet.
• Calculating the sales commissions as per the
company policy.
Accountant
Was engaged with Ibrahim Shaker who are the Kingdom wide dealers in LG Air conditioners.
My major responsibilities involve: -
• Totally Involved in Payables
• Intercompany and Bank reconciliations
• Clearing Suspense accounts
• Handling claims
• Monthly journal vouchers posting.
• Accruals and Prepaid.
• Followed up with customers to collect specific
financial information.
• Completed daily cash functions like account
tracking, payroll and wage allocations etc.
MBA -Masters In Business Administration in Finance in first division
BCA -Bachelor In Computer Applications in first division