Chief Accountant
Al Rajhi International for Investment Co
Total years of experience :16 years, 9 Months
- Ensure compliance with all policies, procedures, processes and standards pertaining to finance and accounts processing
- Supervise, examine and analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
- Supervise, and reconcile sub ledger reports on a monthly basis in addition to creating the final trial balance
- Supervise, Update and maintain the general ledger and chart of accounts to reflect the transactional activities .
- Manage invoicing and the collection of receivables and payments; verify all vendor invoices and prepare for approval
- Registration and maintenance fixed assets; lead the valuation of fixed assets, adjusting for depreciation
- Handle cash flow and petty cash; ensure that all transactions are recorded clearly
- Supervise and Ensure proper recording and accuracy of all transactions related to payroll (payroll generation, accounts receivable and accounts payable) ensuring compliance with payroll processes; review and validate payroll summary reports through coordination with the relevant HR members
- Ensure and support accounting staff in maintaining files and documentation thoroughly and accurately, in accordance with the filing policies
- and procedures
- Assist internal and external auditors in ensuring that audits are completed timely by the year-end through collaborating sufficiently and providing the necessary data.
- Preparation of the management and accounts reports.
- Prepare monthly TB.
- Other duties as assigned by the department director.
- Balance Sheet Prepare
- Bank Facilities
Preparation of final accounts and financial statements
Follow all the accounts and preparation of trial balances
Review all entries daily transactions
good experience in the banks and working on bank facilities and funding.
Participate with the finance manager in preparations cash flow report & deviations report between the budgeted and the actual.
Undertakes the financial manager duties, responsibilities and authorities in his absence.
All environment of work was under Focus RT.
Previewing and checking the payments vouchers before presenting in to the finance manager for attestation.
Follow up the achievement of tasks which designated for my subordinators on the required time.
Supervision and monitoring of all accounting procedures and policies instruct by the board of management of the company, according to my responsibilities and facilities are given to me.
Supervise all account balances of the trial balance at the end of each month plus closing all currents accounts and doing reconciliation entries where dose it need with the approval of finance manager.
Previewing and checking the (projects) monthly billing & account receivables transaction.
Supervising the bank accounts reconciliations at the end of each month moreover the status for each loan.
Posting of the transactions from the sub modules of the system to the G/L after the inspection and checking of the transactions on daily bases.
Preparation of the monthly and annual trial balance along with its details plus the year ending closing.
Main assistant to the finance manager in preparations of the monthly financial and income statement along with its details and disclosures same as for the project wise.
Main assistant to the finance manager in preparations for the combined and consolidated balance sheets of the group plus the income statements along with the B/S disclosures for Otaishan Group.
Participate with the finance manager in preparations cash flow report & deviations report between the budgeted and the actual.
Undertakes the financial manager duties, responsibilities and authorities in his absence.
All environment of work was under Focus RT.
Monitored all journal entries recording and posting to general ledger.
Periodic preparation of the trial balance.
Prepared and analyzed of receivables and payables monthly aging report.
Supervised the payroll of more the 3000 employees.
Reconciled up to date bank current accounts, deposits and investments.
Keep records of all fixed assets and their depreciation schedules.
Preparing LC’s of customers and submitting to banks.
Processing payments and receipts.
Projecting provisions for end of service, vacation pay, etc.,
Coordinating with external & internal auditors.
Reconciliation of all customers accounts.
Direct contact with banks and clients.
Data entries process for all typing of transactions
Control the cash receivable
Bank reconciliation.
Good experience in all banking transactions (letters of credit - guarantees - banking facilities.
Accounts payable and receivable reconciliation
Reviewing purchase and disbursement documents for accuracy.
Payroll schedule review
End of year settlement transactions
Preparation of financial reports of all kinds of banks, Supplier & Contractors
Participate in the preparation of the balance sheet