Finance Manager
Datcart
Total years of experience :14 years, 11 Months
Hold responsibility for inspecting all daily transactions, SOX, the closing process, and other financial controls. Ensure the integrity of the data within finance systems and security of the related data entry processes. Formulate all necessary financial reports for high management. Actively review balance sheets and profit/loss control accounts reconciliations to ensure accurate balances reported in financial statements. Conduct external tax audit in Dubai, Turkey, Belgium, Saudi, and Lebanon offices. Assure accuracy, timeliness, and conformity with professional accounting standards and best practices in accordance with GAAP. Address and resolve all inquiries/complaints from employees and the client’s timely. Provide expert level analysis and advice to the head of financial accounting on the potential implications of proposed changes in policies/legislations and accounting/government rules. Manage medium-term cash forecasting process and bad debt collection.
Key Contributions:
• Coordinated with Saudi tax authorities, attaining refunds more than $1.1M as compared to previous years.
Led and monitored accounting and HR associate activities, while assigning jobs relevant to accounts payable, accounts receivable, and GL. Prepared financial reports, including comprehensive annual financial report (CAFR) and provided financial analysis and ratios. Developed and managed financial systems and models. Assisted junior associates in the preparation of tax returns. Formulated all necessary financial reports for the high management. Corresponded with branches regarding sales tax and intercompany related issues. Held responsibility for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements.
Key Contributions:
• Established and implemented accounting system for five companies, including accounting and admin team.
• Conducted tax audit for 4 years, provided missing invoices, and modified the tax return that helped in avoiding penalties of at least $350K.
Reviewed all inter-company transactions and generated invoices as per necessary. Prepared accurate, timely financial statements and detailed journal entries in accordance with established schedule. Managed monthly financial close process, including ensuring all costs incurred properly recorded, while revising journal entries and account balance reconciliations. Collaborated with external auditors to ensure successful audit results and compliance. Coordinated with audit, tax, and treasury manager to assure overall financial accounting activities performed as per annual report. Analysed financial statements for discrepancies and other issues.
Key Contributions:
• Fixed 3 years backlogs and moved to a new accounting system.
Recorded and maintained accounting information in a professional and detailed fashion. Balanced subsidiary accounts by authenticating, allocating, posting, reconciling transactions, and addressing discrepancies. Examined and scheduled general ledger accounts in order to complete external audits. Transferred subsidiary accounts and prepared trial balances in line with legal and company policies. Updated database backups to secure sensitive financial data. Attended training classes, read accounting publications, and participated in workshops to enhance professional knowledge.
Key Contribution:
• Successfully managed bad cash flow for one full year, resulting in winning a big project that aided to overcome the liquidity difficulties.
• Promoted as a chief accountant within one year by delivering exceptional services.
Trainee
Very Good (80.1)