Chief Accountant
Gas & Oil Field Services Co٠
مجموع سنوات الخبرة :11 years, 6 أشهر
• Interact with banks for all issues related to bank facilities (LC, LG, Loans, Overdraft ...ect.
• Supervising & monitor all daily & monthly activities of closing for AP, AR, Fixed Assets and GLmodules.
• Preparing and handling the cash flow & cash position on daily basis.
• Prepare financial statement & reports for all project with KOC & KNPC.
• Following KOC projects’ status with operations manager including the billed and unbilled revenue.
• Review of accounting and administrative controls, fixed assets, payroll, inventory, property, and other related procedures and controls.
• Preparing MIS reports monthly.
• Handling all insurance policies requested by projects.
• Checking payroll and all staff benefits monthly with HR department.
• Conduct the annual budget in partnership with the operations managers.
• Comparing actual Vs budgeted results of operations monthly.
• Reviews financial statements with management personnel.
• Co-ordinates with the external auditors and performs all procedures related to audit process.
• Implementing ERP system (Dynamics 365).
● Checking IPO& LPO to verify with MR and MRV.
● Processing due payments, COD and prepayments for all creditors.
● Analysis subcontractor accounts to verify with the payment certificate & the contract.
● Closing suppliers advance payments COD and GIT accounts with the related invoices.
● Analysis Material inventory On-Hand to ensure the adequate control.
● Submit monthly AP reports to specific deadlines.
● Processing reimbursement of revolving & non-revolving funds.
● Consolidations, Inter-company transactions and reconciliations including foreign currency adjustments.
● Deferrals & accruals monthly adjustments.
● Analysis GL accounts to ensure that all transactions posted as per the entity chart of accounts.
● Identify GL accounts variances and reconcile it.
● Perform monthly & annually-end account closing activities and reconciliations.
● Ensure accuracy of financial statements in accordance with IFRS and compliance to entity's internal policies.
● Producing accurate financial reports to specific deadlines.
● Co-ordinates with internal & external auditors and perform all procedures related to audit process.
• Prepare customer statements of account, bills and invoices.
• Prepare monthly receivable statements.
• Clear all payments received and reconcile customers accounts.
• Verify discrepancies by and resolve clients’ billing issues.
• Analysis receivables aging to give feedback for provision updating.
• Compare the recognized revenue with the contract billing plan to accelerate the collection.
• Provide backup support to other groups in the accounting department, type periodic reports and perform other general administrative duties.
• Work with collections personnel to verify status of delinquent accounts and solicit payments on overdue accounts.
• Process All Local & External Suppliers Invoices into Purchasing Ledger.
• Check All Goods Receipt Notes and match it with Supplier Invoices.
• Verify All Invoices with the Related Good Receipt Notes.
•Following Inventory Status with Parts Departments.
• Allocate Payments to Invoices & Reconcile Suppliers Accounts.
• Daily Follow up the Status of All Work In Progress Job Cards.
• Daily Finalize of Work In Progress & Issuing Customers Invoices.
• Feedback with All Departments regarding to the pending Work In Progress.
• Prepare Monthly Statements of Customers Accounts.
• Daily Check All Cashiers Transactions and Perform the required reconciliation.
• Checking Petty Cash for All Branches and Process to Nominal Ledger.
• Producing Monthly Work In Progress Reports to Finish Pending Works.
• Producing Monthly Sales Reports related to Work In Progress to Compare the Achievements with the Budget.
• Forecasting Statement of Cash Flows.
• Monthly Prepare P&L and B/S Statements.
• Handle All Transactions of the Banks and Financial
Institutions.
• Inter-company Transactions & Monthly Adjustments of All Affiliate Company accounts.
• Deferrals & Accruals Monthly Adjustments.
• Process Payroll Monthly, Interact with HR Department Regarding to All Staff Benefits.
• Ensure adequate safeguards exist with respect to Company Assets.
• Ensure proper accounting of all financial transactions is carried out following the Accounting Principles for the whole Organization.
• Ensure Reconciliation of all bank accounts.
• Producing accurate financial reports to specific deadlines.
• Participation in the Preparation of Budgets.
• Budget Control through the Comparison with the Actual Expenses.
• Manage Fixed Assets with the Application of the Policy Followed.
• Process Payments to Suppliers According to the Terms and All Adjustments Required.
• Control General Ledger to Ensure that All Data Recorded Accurately .
• Finalize Monthly Closing for All Accounts and Perform the Required Adjustments.
• Feedback with External Auditors and Perform All Procedures Related to Auditing.
• Processing All Suppliers Invoices into AP Module.
• Following All Suppliers Accounts and Make the Required Reconciliations.
• Submit Monthly AP Reports to Specific Deadlines.
• Monthly Run of Fixed Assets Depreciation and Creating Assets.
• Producing All Reports Related to Fixed Assets Module.
• Monthly Comparison of General Ledger Module with Fixed Assets Module to Ensure Accurately Creation of Assets.
• General Ledger Entries and Make the required Analysis to Trial Balance Accounts.
• Checking and Analysing Spreadsheet Data.
• Checking that Financial Reports and Records are Accurate and Reliable.
• Ensuring Procedures, Policies, Legislation and Regulations are Correctly Followed.
Very Good
