Mustafa Thikrallah

Duties & Responsibilities (Head Office, Arabian Can Ind. & SAG Technology)


• Responsible for managing key accounting functions including accounts receivable, accounts payable, GL, Assets, Payroll.

• Processing & managing Monthly payroll, ensuring that all charges and deductions are verified according to the company policy & UAE Labor Law

• Prepare & record assets, liability & expenses entries by compiling and analysing accounting information.

• Preparing monthly, quarterly & yearly cash budget in partnership with our departments & units in order to control payable & receivable transactions.

• Responsible for preparing & processing monthly VAT payments to FTA

• Maintaining and managing Accounts Receivable, ensuring all invoices are raised and posted to customer accounts on timely basis & settled by customers & units month on month.

• Prepares asset, liability, and capital account entries by compiling and analyzing account information.

• Record fixed asset acquisitions and dispositions in the accounting system

• Closing GL accounts (Accruals & middle accounts) on a monthly basis to make sure that our financial statements are matching with IFRS requirements & summarize financial status, preparing balance sheet, profit & loss & other statements in BPC-SAP (Business Planning & consolidation)

• Dealing with internal & external auditors

• To contribute to the growth of the organization through helping the management to take proper decision by submitting real, accurate information about the financial position, result of the operation & by highlighting the contribution margin by product line to help those has decision making to take proper action to improve accuracy & effectively.

• Active involvement in Oracle & SAP ERP system implementation.

•Provide internal financial reports about the company position (liquidity ratio, cash and cash equivalent, cash margins) to top managements.

•Prepare Quotations, LPO’s, Sales Invoices, Receipts, and Cheques, thru Accounting Software (Future Soft Accounts).

•Work closely with the production and purchasing teams to manage the bill of materials, develop and maintain standard costs for all raw materials, WIP and finished good processes, and review standard versus actual cost

•Assists in various accounting operations including Invoicing, Inventory Receipts, Payables, GL Schedules, Labor Reconciliations

•Provides cost data for sales quotes.

•Maintain & reconcile sales, inventory & cost accounts.

•Post all revenue and accrual related journal entries to facilitate month end closing.

•Assist in analyzing cost accounting data for company Inventories

•Report on breakeven points and margins for the main product (ready-mix).

•Validate the COGS on monthly basis.
Analise variances between budgeted cost & actual cost.