accounting manager
Masarat for Accredition
Total years of experience :17 years, 2 Months
• Overseeing the daily activities of the accounting department and ensuring that all major projects, month-end, and year-end reports are completed accurately and on time.
• Ensuring that all accounting processes align with IFRS
• Analyzing financial data and creating reports for management, stakeholders and external parties.
• Maintaining accurate and complete financial records and participating in audits or reconciliations, as needed.
• Assisting other departments as they develop strategies, establish objectives, and make decisions that could have a financial impact on the business.
• Hiring, training, and motivating accounting staff members while supervising and delegating department tasks.
• Evaluating, developing, and improving department controls, systems, and procedures that increase accuracy and efficiency.
• Meets accounting financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective actions.
• Maintains accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
• Prepare monthly, quarterly and annual financial statements.
• Provide explanation and analysis of variance from budgeted expectations to the management.
• Prepare budget and forecasts.
• Cost controller by constantly comparing expenses submitted with the budget value.
• Preparation of Account Receivables report for follow up with client on timely payments
• Preparation of Receivables and Payables ageing reports.
• Preparation of monthly VAT filling.
• Preparation Project wise financials.
• Handling of Projects petty cash.
• Raising the invoices as per the work completion on sites.
• Verification and Issuance of Contractors/Supplier payments.
• Document’s verification and recording of entries in the General Ledger.
• Supervisory role in regular accounting entries.
• Handling of Aramco account
• Handling of General Authority of Civil Aviation(GACA) account for smooth business supplies.
• Financial Statement, Preparation and Disclosure.
• Preparation of annual budgets.
• Financial Planning & Analysis.
• Management accounts on monthly basis.
• Preparations Receivables reports and follow up with clients on timely payments.
• Preparation of Payables ageing.
• Expense Controlling.
• Monitoring of all payables settled on time.
• Follow up with all International & National Airlines on timely payment.
• Monitoring all the Bank Guarantees
• Monitoring of Aviation/Vehicle & Medical Insurance Policies.
•Supervising Jr.accountants on the regular postings in GL.
•Reconciliation of accounting entries.
•Reconciliation of AP/AR and Bank statements.
•Preparation of receivables and payables aging.
•Preparation and analysis of Financial statements
•Analyzed company's financing needs and worked with management to raise capital.
•Responsible for the accurate and timely completion of monthly project reports.
•Preparation and analysis of fund statements.
•Managed financial departments with responsibility for Budgets, Forecasting, Payroll, Accounts Payable and Receivable.
•Maintaining Fixed assets register and review all fixed assets related entries.
Achievements as finance supervisor
•Played a major role in bringing the bank facilities like L/C, L/G & Overdraft to the company.
•Brought to notice several dues of past from the clients.
•Organized the accounting system in the company.
•Introduced several measures to control the cost.
Handling of huge petty cash, preparation of invoices, approving & processing the PRF's, allocating the cost to particular project, controlling the cost by avoidint unnecessary expenses
Preparation of daily purchase orders and purchase invoices, Bank reconcilation, AP/AR reconcilation, preparation of LG/LC in different invoices
Preparation of invoices, Maintain petty cash, Daily recovery of report and deposited in the bank
Having Master Degree in the field of Finance.having a good knowledge on Security analysis and portfolio management,International Finance,Arbitraging,Hedging. Awarded scholarship for MBA Part of the champions cricket team in under college cricket championship.