Chief Accountant
Al-Rajhi Seventh Joint stock company (www.rj7.com.sa) –
Total des années d'expérience :19 years, 0 Mois
• Develop and maintain general ledger, trial Balance, financial reports updated and reconciled regularly.
• Develop and maintain the ERP system functionally qualified to meet the company’s operations.
• Ensure that all accounting processes, entries, and transactions are compliant with related laws and accounting
standards.
• Oversee the daily operations and interactions to ensure its efficiency and quality aligned with company goals and
strategies
• Coordinate with internal and external auditor team to carry out financial auditing.
• Develop and maintain financial aspects of the operational processes to constitute a basis for financial control and
assessment.
• Provide active contribution from financial aspects for company planning and performance monitoring.
• Monitor payment plan and cash flows.
• Ensure regular internal monitoring of all financial related operations and transactions
• Issuing the annual company’s budget including budgeted income statement, budgeted balance sheet, and annual
proforma cash flow
• Ensure that annual budgeting cycle is processed as planned throughout the year.
• Submit regular managerial and financial reports to executive Management.
• Established financial policies and maintained effective accounting system by Odoo ERP.
• Prepare Cash budget & Income statement Budget and follow them for financial control purposes.
• Projects Management, Cost Tracking and identify the date line for projects under progress.
• Perform full set of accounts and ensure timely closing of accounts.
• Review and approve payment requests and purchase orders according the budgeted and company policies.
• Summarizes financial status by collecting information, preparing the statement of financial position, income
statement, Statement of Cash Flows and other internal reports.
• Maintain VAT Records and presenting VAT recognition.
• Coordinate with auditor for annual Financial Statements and Zakat certification.
Perform full set of accounts and ensure timely closing of accounts.
• Review and approve payment requests and purchase orders according budgeted and company policies.
• Summarize financial status by collecting information, preparing the statement of financial position, income
statement, and other internal reports.
• Participate in projects cost forecasting/budgeting, cost tracking, monitoring and controlling.
• Prepare Cash budget & Income statement Budget as estimated volumes.
• Establish the financial policies and maintain effective accounting system.
• Maintain VAT Records and presenting VAT recognition.
• Coordinate with auditor for annual Zakat certification and completing any legal requirements
• Accounts Receivable (Reviewing and posting projects bills, invoices and cash Receipts - following up advanced receipts till applying it on its issued invoices/bills. Process adjustments for receipts in foreign- currencies and accounts receivable balances - following up managers and coordinators for offices for accounts receivable activities
• Monthly revenue recognition, following up accounts receivable and monthly generating Ages Debts Report).
• Letters of Guarantee (Issuing and following up letters of guarantee inside and outside the Kingdom).
• Banks Reconciliations (Reconciling for 21 bank accounts inside and outside Saudi Arabia).
• Banking Procedures (Updating profiles, activating banks accounts, following up unknown deposits with relationship representative, opening new accounts with banks and Communicating with bank relationship managers for facilities, guarantees and documentary credit).
• Fixed Assets (Creating fixed assets cards, general ledger posting, preparing monthly depreciation and fixed assets report).
• Petty Cash (Recording and reimbursement for petty cash funds as organizational policies and procedures).
• Credit Cards Payments (Following up, recording and reimbursement credit cards (Visa & American Express).
• Departments Cost Allocation (Distribution and allocation for expenditures by main departments).
• Monthly Closing Tasks (Matching modules with general ledger accounts and contra accounts revision, Aging Debts report, collections forecasts report, sales and cost of sales reconciliation).
• United Arab Emirates and Qatar Offices (Handling all accounting transactions and preparing payments for United Arab Emirates and Qatar offices)
• Handle all transactions for enterprise sales in the Kingdom & accounts receivable (twenty showrooms and external/warehouses Sales invoices revision by items balances, discounts approvals and cash collections - cost of goods sold entry).
• Follow up and controlling on collections at point of sales (Cash, Span, Visa, Master and Amex).
• Analyze and classify sales monthly by types and quantities.
• Present aged debts report monthly.
• Calculate weekly and monthly incentives & commissions.
• Inventory for showrooms & Warehouses.
• Reconcile banks accounts.
• Handle all activities in accounts payable.
• Ensure timely payments of vendor invoices.
• Issue, edit and follow up Letters of Credit.
• Ensure monthly conformity of vendors and creditors.
• Analyze letters of credit monthly.
• Prepare monthly vendor’s payment plan according to vendors due invoices.
• Reconcile accrual & prepaid Balances.
• Present reports of daily banks and liquidity.
• Control accounts of employee loans.
• Review payroll sheet and handle accrued salaries.
• Use sales and inventory program Microsoft Dynamics RMS.
• Use accounting program Microsoft Dynamics GP.
• Handle all accounting transactions for sales, purchases and expenses by using Accounting Excel and Assas for stock and accounting program.
• Reconcile banks accounts.
• Communicate with Central Sales Region’s Accountants/managers to follow up monthly targets, terms and claims Situation.
• Match vendor accounts monthly, calculated commissions and incentives and prepared claims to the agency.
• Provide company's owner with monthly financial statements.
o Recorde all transactions for sales, purchases, expenses transactions day using accounting excel .
o Reconcile bank monthly ,
o matche vendor accounts .
o Provide company's owner with monthly financial statements.
• Train trainees on book keeping and creating full accounting system by Microsoft Excel (using excel to design and operate completely accounting cycle from journal entry to income statement and balance sheet)
• Give training on accounting programs (Peachtree & QuickBooks & Tally)
• Give training on systems accounting such as hospitals accounting and construction accounting.
• Review accounts for tax's financiers and taken the legal operations and presenting required legal forms to stop any procedures which exported from taxes authority.
• Analyze financiers' files with tax Commissioners and discovered the mistakes in calculating tax's base.
• Raise my report about high lights points in financiers' files to general manager to complete his procedures to reduce tax's base for our customers.
كلية التجارة - جامعه طنطا من 2002 وحتى 2006 شعبة محاسبة
