supervisor costing and billing
Modern Bus Company
Total years of experience :13 years, 7 Months
Modern Bus Company Makkah Saudi Arabia
Oversee the financial operations of the company and ensure the accuracy
and integrity of financial reporting.
Exercise full control over Accounts Receivable (AR), Accounts Payable
(AP), and General Ledger (G/L) functions.
Provide strategic financial guidance to the executive team.
Develop and implement financial policies, procedures, and controls.
Ensure timely and accurate preparation of financial statements.
Lead the budgeting process, collaborating with department heads.
Provide financial forecasts and variance analysis to support decision-
making.
Coordinate internal and external audits, ensuring compliance.
Lead effective inventory control strategies, reducing operational costs.
Coordinated cross-functional efforts, providing clear inventory budgeting
and planning guidance to department.
Implemented controls, optimizing inventory processes, and enhancing
departmental efficiency.
Monitor and track maintenance costs related to spare parts, labor,
equipment, and other resources.
Analyze cost data to identify trends, outliers, and areas for cost reduction.
Prepare and present regular reports on maintenance costs, budget
performance, and cost-saving initiatives to senior management.
Continuously review and improve cost management processes to enhance
efficiency and accuracy.
Implement best practices in cost control and reduction.
Manage the lifecycle of company fixed assets, ensuring accurate
accounting, compliance, and effective collaboration with departments, while
contributing to financial reporting and policy development.
Review the monthly VAT Return to ZATCA
Professional Achievement:
Lead the successful implementation of the costing, inventory module and
AR Module within our company, enhancing operational efficiency and
accuracy.
Spearheaded the integration process, ensuring seamless functionality and
alignment with organizational objectives.
Successfully install and manage the tagging system for fixed assets,
overseeing their lifecycle, ensuring accurate accounting, compliance, and
effective collaboration with departments to contribute to financial reporting
and policy development.
Daily monitoring of project progress and financial activities.
Management of daily financial operations, including cash, banking,
accounts receivable, accounts payable, and capital expenditures.
Ensuring accurate cost allocation across divisions and projects.
Timely and accurate monthly and quarterly financial closing processes.
Diligent posting and verification of all financial transactions in the system.
Coordination with suppliers to reconcile accounts and manage payment
schedules.
Implementation of stringent control processes for manpower billing,
reducing costs from idle labor.
Optimization of petty cash expenses, enhancing budget efficiency across
projects
Compile and generate weekly reports to track financial performance.
Implement rigorous controls to manage accrued revenue and costs
effectively.
Identify and address instances of actual costs exceeding approved
budgets.
Oversee project job opening and closing processes, including the
preparation of monthly reports.
Manage project invoicing, receipt preparation, and batch creation for
posting.
Conduct bank reconciliations to ensure accuracy and completeness of
financial records.
Prepare purchase requisitions (PRs) to facilitate procurement processes.
Facilitate the opening of bank guarantees as required.
Manage invoicing processes related to Letters of Credit (LCs).
Prepare monthly invoicing reports for various divisions within the
organization.
Verify and reconcile monthly payroll transactions for accuracy.
Maintain control over VAT input and output accounts to ensure compliance
with tax regulations.
Professional Achievement:
Effectively implemented a robust control process for manpower billing to
clients, resulting in a substantial reduction of redundant costs associated with
idle employees.
Streamlined petty cash expenses across projects, curtailing unnecessary
expenditures and significantly optimizing project budgets.
Spearheaded coordination efforts for the preparation of accurate and
timely financial statements.
Conducted monthly reviews to assess and analyze the company's financial
performance.
Conducted comprehensive reviews of Trial Balance to ensure accuracy
and completeness of financial data.
Implemented a systematic process to compare the company's
performance against budgetary targets, facilitating strategic decision-
making.
Lead cash forecasting initiatives to optimize liquidity management and
ensure adequate funds for operational needs.
Managed treasury operations to enhance cash flow efficiency and mitigate
financial risk.
Spearheaded the preparation of comprehensive Financial Statements,
ensuring accuracy and compliance with IFRS standards.
Conducted monthly financial performance analyses to derive actionable
insights and inform strategic decision-making.
Performed meticulous reviews of Trial Balances to validate data accuracy
and completeness.
Benchmarked company performance against budgetary projections,
facilitating alignment of financial strategies with organizational goals.
Executed precise Cash Forecasting to optimize liquidity management and
enhance financial stability.
Managed Treasury operations, overseeing investment decisions and
maximizing returns.
Oversaw Accounts Adjustments to maintain ledger integrity and reconcile
discrepancies.
Authorized journal entries in adherence to stringent accounting standards,
ensuring financial transparency.
Evaluated and enhanced Staff Performance through regular reviews and
provided training to foster a skilled accounting team.
Expertly prepared IFRS-compliant financial statements and finalized
comprehensive audit reports.
Contributed to diverse audit engagements, addressing complex
accounting technicalities with meticulous attention to detail.
Supported the maintenance of accurate income tax and sales tax records,
ensuring compliance with regulatory requirements. Ensured statutory compliance, including reporting on CCG (Code of
Corporate Governance) for listed entities. Developed risk-control-matrix (RCM) for various major processes,
evaluating internal controls and recommending improvements to
enhance financial reporting accuracy.
Mitigated risk factors by 30% through the implementation of
Sarbanes-Oxley Act compliance measures.
Prepared IFRS-based financial statements and finalized audit
reports.
Assisted in various audit engagements and resolved technical
accounting issues.
Managed income tax and sales tax records for clients.
Ensured compliance with statutory reporting requirements, including
reporting on CCG for listed organizations.
Developed risk-control-matrix (RCM) for major processes and
evaluated internal controls.
Identified control deficiencies and recommended improvements to
process owners and department heads.
Handling Bank Guarantees and Letters of Credit transactions.
Preparation of Payroll for employees.
Reconciliation of AP & AR to ensure accuracy and completeness.
Generating Treasury reports to monitor financial liquidity.
Managing administrative tasks related to vendors and customers.
Liaising with auditors during audit processes.
Verifying compliance with Sales Invoices policies.
Generating daily Sales reports.
Preparing Statements of Accounts for customers.
Corresponding with customers for Balance confirmations.
Conducting reconciliations of Accounts Receivables as needed.
Documenting credit approval processes for customers.
Following up with customers for collection of outstanding payments.
Processing payments to suppliers based on agreed credit terms.
Recording vendor invoices accurately.
Professional Degree In Accounting