Chief Accountant
Memaar Degla
Total years of experience :15 years, 7 Months
• Develop and implement financial policies, procedures, and systems.
• Oversee day-to-day accounting operations, including accounts payable, accounts receivable, and
general ledger activities.
• Prepare accurate and timely financial reports for executive leadership and stakeholders.
• Lead budgeting, forecasting, and financial planning processes.
• Ensure compliance with accounting standards, regulations, and legal requirements.
• Manage internal and external audits, ensuring a high level of financial transparency.
• Provide strategic financial insights and recommendations to support decision-making.
• Managing the preparation of business activity reports, financial forecasts, and annual budgets.
• Creating and managing sales analysis reports.
• Managing the production of periodic financial reports and statements; ensuring that the reported
results comply with generally accepted accounting principles or financial reporting standards with
accurate results.
• Auditing accounts to ensure compliance with state and government regulations; working with outside
auditors and providing needed information for the monthly, and annual external audits to ensure correct
and timely closing reports.
• Presenting recommendations to management on short- and long-term financial objectives and policies
to avoid possible fraud and errors.
• Controlling treasury transactions, document filling, accounting policy, and cycles.
• Providing financial analysis with an emphasis on capital investments, pricing decisions, and contract
negotiations.
• Ensuring compliance with local, state, and government requirements.
• Performing other related duties as needed or assigned.
• Developing staff by managing performance, setting goals, providing ongoing training, and maintaining
strong employee relationships
• Managing and overseeing the bank's deals and transactions.
• Managing the capital, cost, revenue, profit, and cash flow of the company with full analysis reports
evolving the cash position
• Manage the finance team and oversee daily operations, including accounts payable, accounts
receivable, general ledger, payroll, and financial reporting.
• Ensure the accurate and timely preparation of financial statements, budgets, forecasts, and other
financial reports.
• Ensure compliance with all applicable tax laws and regulations, including the preparation and
submission of tax returns, and liaising with external auditors and tax advisors.
• Review and analyse financial data, identifying trends, and making recommendations for improvement.
• Develop and implement internal controls to ensure the integrity of financial data and safeguard
company assets.
• Provide financial guidance and support to other departments within the organization, including
operations, sales, and procurement.
• Respond to ad hoc requests for financial information and analysis in a timely and accurate manner.
• Review and revise costing and pricing models for the organization, ensuring profitability and
competitiveness in the market.
• Analyze cost trends and identify cost-saving opportunities to optimize the company's financial
performance.
• Maintain a fair level of knowledge and awareness of changes in accounting principles, tax laws, and
regulations, ensuring compliance and identifying opportunities for optimization.
• Manage relationships with banks, vendors, and other external parties, ensuring compliance with
company policies and procedures.
• Responsible for daily finance operations including managing accounts payable, accounts receivable,
payroll, banking matters etc.
• Prepare timely monthly and annually closing.
• Manage and comply with government reporting requirements and tax filings
• Manage cash flow & office petty cash
• Preparation of annual statutory accounts, filing of tax returns and all other financial compliance
obligations.
• Interaction with key suppliers and service providers including banks, auditors, solicitors, tax agents
• Follow up and match Customer accounts and Preparation of semimonthly customer statements.
• Review Daily Reconciliation of (creditors, debtors, and assets).
• Create and control any new ledger account according to TB structure.
• Review all legal documents of All new services and partners.
• Prepare and review all revenues rates, and prepare and review AR invoices.
• Review all AP Invoices and follow the payment cycle.
• Follow AR Process and Cash collection.
AP Accountant Job Description :
• Managing accounts payable using accounting software and/ or other programs.
• Handling accounts payable for separate entities and vendors.
• Analyzing workflow processes.
• Establishing and maintaining relationships with new and existing vendors.
• Ensuring bills and payroll are paid in a timely and accurate manner while adhering to departmental
procedures.
• Processing due invoices for payments.
• Comparing purchase orders, prices, terms of payment, and other charges.
• Processing transactions and performing accounting duties such as account maintenance, recording
entries, and reconciling books of accounts.
AR Accountant Job Description :
• Carrying out daily financial transactions, including verifying, classifying, calculating, posting and
recording accounts receivable data.
• Reconcile the accounts receivable ledger to ensure that all payments are accounted for and posted
correctly.
• Facilitate the payment of outstanding bills by sending bills reminders and contacting customers.
• Ensure that all customer collection receipts are recorded in a timely manner and matched with the
relevant paid invoices issued by the company.
• Follow up, collect and allocate payments and monitor customer account details for non-payments, late
payments and violations other.
• Maintain records and analysis of all client payments in line with relevant accounts.
• Execute billing, collection and reporting activities according to set deadlines.
• Assisting in closing accounts during the end of the month at the company and department level within
the stipulated timelines.
• Customer settlements and credit memos processing.
1-Handle daily operation with Banks through monitoring the implementation of cash transactions, plus
recording on the ERP system.
2-Ensure that all bank transactions recorded & maintained in the system.
3-Perform monthly and annual bank reconciliation.
4-Issuance Letter of credit and recording and follow up regularly.
Finished one semester (Audit)