Senior Accountant
M. H. Alshaya Company
Total des années d'expérience :9 years, 9 Mois
Major sections dealt with clients;
• Perform valuation of investments in financial assets at FVTPL & OCI
• Calculation of management fees and commissions
• Review Investment Properties balances with valuation reports and recalculate impairment
• Verification of Payables, Receivables, Income and Expense balances
• Calculation of indemnity and leave salary
• Check client consolidation & prepare financial statement
General work performed;
• Perform the pre-audit planning and procedure before commencement of the field work
• Take charge of field work with assistance from junior auditor.
• Perform necessary audit procedures according to the client industry & Financials.
• Deal directly with client to attain the necessary audit evidence and documentations.
• Prepare Analytical Review Report and Memorandum for Partners' review.
• Preparation of client standalone & consolidated Financial reports
• In-house training of IAS, IFRS, Audit procedures and ethics.
Alyasra Foods Co. is part of the Yousef A. Al-Sager Holding, a Kuwaiti based FMCG Group operating in Foods distribution and Fashion retailing.
The territories of the Foods joint operations cover all of Kuwait, Iraq, and Saudi Arabia.
• Review all invoices from Foreign & Other creditors for proper documentation and authorization.
• Costing & Landed Cost Management in Oracle
• Recording of invoices in Oracle Accounts Payable upon proper verification.
• Reconciling Supplier and Al Yasra Statement of Accounts and correct discrepancies prior to processing payments.
• Respond to all Supplier inquiries and provide balance confirmation as per request.
• Coordinating with Logistics team for Customs and Clearance invoicing and payments.
• Confirming Staff Receivables before signing off Employee release form.
• Invoicing and booking of revenue from customers in Accounts Receivable module.
• Coordinating and follow up with customers for due receipt of invoices.
• Maintaining cash position report on daily basis so as to provide management with daily cash balance.
• Reconciliation and Cash Management of bank transactions.
• Assist in monthly closing and perform GL analysis and control.
• Maintain files and documentation thoroughly and accurately for Invoices and Cheques.
• Stock Count Audit.
B2zee.com is a Start Up E-Commerce platform for retail and wholesale marketplace.
• Setting up of Accounting system and creating chart of accounts.
• Setting up of Inventory system and control
• Passing Entries in QuickBook Accounting System.
• Responsible for Accounts Payable, Accounts Receivable, Payroll
• Managing inventory in Inventory System and physical stocktaking.
• Preparation of Monthly and Annual Performance Report and Financial Statement
Six weeks internship with Ernst & Young Kuwait with Transaction Advisory Services (Merger & Acquisition)
Research on Kuwait Stock Exchange (“KSE”) and Saudi Stock Exchange (“Tadawul”)
• Aim was to facilitate whether the client should go for an IPO in KSE or Tadawul.
• The researched was based on various performance parameter i.e. Average Market Capitalization, Daily Turnover, Return on Index and Cumulative Return on Index.
• The research also included pros and cons of listing under these exchange house and its requirements.
Research on Food & Beverage Sector in the Middle East
• Report includes key trends of the industry and demand drivers
• List of major players in region and their market share.
• Market concentration analysis.
• Analyzed the financial statement and ratios of key player
