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Muhannad Bafayyadh, SOCPA, Supervisor

Muhannad Bafayyadh, SOCPA

Supervisor·KPMG

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 11 years, 8 months

Supervisor

October 2015 - Present

KPMG

Jeddah, Saudi Arabia

October 2015 - Present

Position Summary

Responsible for coordinating and supervising accounting activities within the organization. Assignments include researching accounting literature and principles, developing solutions to highly complex problems, advising executive management on strategic initiates, maintaining journals and ledgers and preparing financial statements and reports. Day to day activities will include maintaining reserves, developing recommendations and strategies for accounting projects, collecting and evaluating data, conducting analysis, preparing reports, and reviewing and approving transactions.





Duties and Responsibilities

Complete understanding and application of accounting principles, concepts, practices and standards and can convey and direct the application to the staff. Provides technical advice, research and direction for maintaining proper accounting practices.

Conducts independent research and applies analytical and problem solving skills to lead and complete numerous and diverse highly complex accounting / finance projects.

Develops and coordinates the implementation of highly complex accounting and accounting control procedures Designs operational procedures and processes that meet audit standards and improve efficiency.

Provides input on the selection, development and evaluation of accounting personnel to ensure efficient departmental operation.

Keeps abreast of new developments in financial accounting and government regulations. Informs management of changes and provides recommendations for implementation.

Participates in the preparation of the profit and loss statements, balance sheet, cash flow statement, consolidated financials, monthly closing and cost accounting reports.

Oversees the control of general ledger accounts, job cost accounting and records. Recommends modifications in the chart of accounts, cost systems and other practices to meet changing trends and conditions

Ensures all cost and revenue transactions are recorded in accordance with GAAP, Cost Accounting Standards (CAS), the Federal Acquisition Regulations (FAR) and in accordance with company policies and procedures.

Approves at-risk transactions, journal entries, Manual Revenue Adjustments (MRA), suspense, AP corrections, and timecard corrections.

High level of understanding of financial databases and computer software system functionality. Utilizes database queries and other tools to research and resolve problems. Reviews accounting and related system reports for accuracy and completeness.

Interfaces with internal and external auditors in coordinating and completing audits.

Complies with all applicable accounting and governmental regulations.

Reviews situations that are being handled by other members of the accounting team and provides assistance and expertise as needed.

Performs additional duties and responsibilities as assigned.

Company industry:
Accounting
Job role:
Accounting and Auditing

Volunteer Accountant

April 2015 - April 2015

MIST non-profit organization

United States

April 2015 - April 2015

MIT (MIST) non-profit organization, its an educational program of competitions and workshops geared towards bringing high school students together to develop various skills while gaining a deeper understanding of university life.

Company industry:
Accounting
Job role:
Accounting and Auditing

Volunteer Accountant

January 2015 - April 2015

ABCD

United States

January 2015 - April 2015

Action for Boston Community Development(ABCD):tax volunteers is available throughout Massachusetts for people of low and moderate income at Volunteer Income Tax Assistance (VITA) sites. With the help of countless VITA volunteers, ABCD provides free tax preparation for low-income clients. Boston, MA

Coursework: CCNA 4 WAN Technologies, Anti Money Laundering and Detecting Forgery And Fraud

Company industry:
Accounting
Job role:
Accounting and Auditing

Teller

December 2009 - June 2010

Arab National Bank

Jeddah, Saudi Arabia

December 2009 - June 2010

Deposit and withdraw cash from clients

Company industry:
Banking
Job role:
Banking

Education

Suffolk University

May 2015

May 2015

Bachelor's degree, Accounting

United States

GPA (point): 2.89 out of 4

GPA (point): 2.89 out of 4

1-Prepares asset, liability, and capital account entries by compiling and analyzing account information. 2-Documents financial transactions by entering account information. 3-Recommends financial actions by analyzing accounting options. 4-Summarizes current financial status by collecting information; preparing balance sheet, profit and loss statement, and other reports. 5-Substantiates financial transactions by auditing documents. 6-Maintains accounting controls by preparing and recommending policies and procedures. 7-Guides accounting clerical staff by coordinating activities and answering questions. 8-Reconciles financial discrepancies by collecting and analyzing account information. 9-Secures financial information by completing data base backups. 10-Maintains financial security by following internal controls. 11-Prepares payments by verifying documentation, and requesting disbursements. 12-Answers accounting procedure questions by researching and interpreting accounting policy and regulations. 13-Complies with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on needed actions. 14-Prepares special financial reports by collecting, analyzing, and summarizing account information and trends. 15-Maintains customer confidence and protects operations by keeping financial information confidential. 16-Maintains professional and technical knowledge by attending educational workshops; reviewing professional publications; establishing personal networks; participating in professional societies. Accomplishes the result by performing the duty. 17-Contributes to team effort by accomplishing related results as needed.

King Abdulaziz University

May 2008

May 2008

Diploma, Computer science Sisco Networking (CCNA)

Saudi Arabia

GPA (point): 3.95 out of 5

GPA (point): 3.95 out of 5

1-Oversee maintenance and operation of computer hardware systems. 2-Control console of mainframe digital computer or set of minicomputers. 3-Set controls on computers and peripheral devices. 4-Run computer tasks. 5-Maintain logbooks or records for job runs. 6-List malfunctions that occur during shift. 7-Perform maintenance tasks such as checking for viruses, backing up tape, upgrading software, and other basic maintenance. 8-Assist programmers and analysts with testing and debugging new programs.

Skills

taxation

Expert

Budgeting

Expert

Accounting

Expert

C++

Beginner

CCNA

Beginner

CUSTOMER RELATIONS

Beginner

HTML

Beginner

JAVA

Beginner

MA

Beginner

MICROSOFT OFFICE

Beginner

TAX PLANNING

Beginner

taxation

Expert

Budgeting

Expert

Accounting

Expert

Languages

Arabic

Expert

English

Expert

Training and Certifications

Certifications
Anti Money Laundry
Mar 2009 - Mar 2009

Hobbies and interests

Scuba Diving

Open water license Advanced license master license All of the From PADI