Hani Abdullah Ali Negm Negm

• Direct and oversee all financial activities of the company including monitoring budget, financial planning, preparation of cash flow statements, delegation of authority in line with corporate guidelines etc.
• Manage and control daily accounting operations of the company including month-/year-end activities, AR/AP, GL, cash forecasting, budgeting, revenue and expenditure variance analysis, fixed asset and debt activity.
• Manage all accounting transactions, prepare journal entries, post them in the general ledger, examine bank statements and reconcile them with general ledger entries.
• Prepare monthly/annual budget and control the operating cost; report to the management on variances from the established budget along with the reasons for those variances.
• Handle monthly bank reconciliation and GL reconciliation, adjustments and rectifications; manage accounting & financial consolidation, and present consolidated reports to the management.
• Prepare financial agenda and presentation on financial performance for the senior management meeting.
• Develop quarterly and annual accounting reports and submit to senior management to enable decision-making based on reliable financial information generated after detailed cash-flow, fund-flow and investment analysis.
• Prepare timely and detailed reports on company’s financial performance on a quarterly/annual basis including income statements, balance sheets, revenue/expense statements and analysis of future earnings or expenses.
• Manage and oversee VAT implementation; coordinate with VAT authorities and prepare monthly VAT report.
• Liaise with external auditors during statutory audits, provide them with required accounting and financial information, and ensure successful completion of audits.

• Managed accounting operations for 2 subsidiary companies together - Maad International Holding Company and Muthmira Real Estate Investment Holding Company.
• Led the accounting staff in managing full spectrum of financial accounting role (e.g. GL, AP, AR, FA, Payroll and provided approvals on their transactions based on delegated level of authority.
• Monitored and analyzed accounting data, oversaw the maintenance of accounting records, verified accounting heads assigned to transactions and ensured appropriate preparation of GL, trial balance and financial records.
• Prepared the chart of accounts by the account’s classification as groups, prepared the chart of warehouses items as well as monitored accounting softwares.
• Managed effective administration, accounting and reconciliation of revenues, receivables & payables; reviewed and approved journal entries, payments, fixed assets, payroll, inventory & any other expenses.
• Liaised with bank personnel, examined bank statements, performed bank reconciliation to compare the balance in the bank with the balance stated in the bank statement and prepared bank reconciliation statements.
• Reviewed payment certificates of contractor's with reports and confirmed accounts payables; controlled accounts payables and receivables with follow up collections.
• Prepared the direct cash flow forecast (DCFF) report as well as the bank reconciliation statement.
• Oversaw petty cash disbursement, maintenance of petty cash register and daily reconciliation of cash accounts.
• Reviewed monthly payroll sheets and the related entries with all reports of master file and transaction file (notional to actual, national salary reconciliation, new hiring, increment, termination, and staff advances).
• Prepared international procurement reports with follow up shipments, custom clearances, freight charge and other costs.
• Responsible for opening the L/C (letters of credit), L/G (letters of guarantees) with banks, following up arrival documents, expiry date to renewal until received goods to close.
• Maintained the fixed assets register and accurately recorded fixed assets in the company’s books; prepared PPE (property, plant and equipment) report and followed up places.
• Monitored, recorded, classified and summarized financial transactions in accordance with international accounting principles and financial reporting standards.
• Provided management accounting reports as required including monthly financial statements, P&L statement, balance sheet, monthly P&L vs budget comparative report to the CFO.

• Reported to the Financial Manager with the responsibility of overseeing daily accounting and financial transactions in the company including accounts payable/receivable, general ledger, bank reconciliations, and month-end and year-end closing.
• Monitored daily performance of the accounting department, scheduled jobs and delegated responsibilities to accounting staff; monitored the progress of financial and accounting objectives.
• Accountable for maintaining books of accounts, posting journal entries to the ledger, handling GL reconciliations, rectifications and accounting adjustments and preparing trial balance and financial statements.
• Prepared/reviewed and approved journal entries to ensure that they accurately record the company's financial transactions in the proper period; ensured that supporting documentation is maintained.
• Monitored the cost of projects by the percentage of completion, adjustment entries; managed international purchases, sales, vendors, customers; followed up with branches across KSA (Riyadh, Jeddah and Dammam).
• Liaised with banks for L/C issuing & acceptance, reconciliation of balance, and prepared bank reconciliation statements.
• Reconciled general accounts, bank statements, petty cash, and accruals and deferred payments and generated accounting reports for submission to the management.
• Coordinated with auditors for successful audit completion and assisted in preparing yearly audit reports.
• Developed policies & procedures to safeguard company assets and ensured transactions are recorded properly.

المهام المحاسبية والعمليات المالية