Accounting Manager
Saudi brothers commercial company
مجموع سنوات الخبرة :16 years, 1 أشهر
● Accomplishing the finance & accounting department and organization’s mission by completing related tasks by Managing all accounting operations including Billing, account receivable, account payable, general ledger and counsel, cost accounting, inventory accounting and revenue recognition.
as needed as per IFRS (International Financial Reporting System) and in compliance with SOCPA Saudi local statutory laws'
● Leading audits of books and annual tax filing and getting the Zakat Certificate on time.
● Handle the preparation of the budget and financial forecasts and report variances
● Monitoring financial performance by measuring and analyzing results to
minimize the impact of variances.
● Being a key point of contact for other departments on financial and accounting matters.
● supervising staff
● Acquiring an in-depth knowledge of organizational services and processes.
● Reviewing and implementing financial policies.
● Resolving financial issues by developing action plans to implement change.
● Projecting acquisition and expansion prospects.
● aranging new sources of finance for a company's debt facilities
● Leading in financial audits.
● Valuing the company.
● Preparing monthly, quarterly and annual financial reports.
the following:-
* Issuing and renewing Bank facilities and Trade Finance And review the facilities contracts for Most
banks and their commission rates, Issuing letters of guarantee and letters of credit of all kinds
* Perform bank reconciliations, inter-company reconciliations, GL reconciliations with subsidiary
ledgers, vendor reconciliations, etc.
* Preparing the VAT Return Filing and calculating the amount to be paid after reviewing Taxable
expenses and revenues to submit it in GAZT site monthly
* Follow up on the entries made by branches accountants to ensure proper closing is done (invoicing,
receiving, cash entries … etc.)
* Monthly closing entries (prepaid, accrued, depreciation, Allowances, administrative expenses … etc.)
* Prepare and check the trial balance before submitting to the finance manager And participate in the
preparation and Publishing financial statements and monthly reports in time
* Timely processing of supply invoicing process in the system, inventory calculation in the system in
order to ensure the accurate inventory value in the balance sheet.
* Manage all accounting operations based on accounting principles.
* Prepare budget and financial forecasts with the finance manager and Project Manager
* Review monthly payroll and submit it on bank's website
* Review and verify invoices and check requests
* Sort, code and match invoices
* Set invoices up for payment
• Enter and upload invoices into ERP system-Oracle
• Prepare and process electronic and manual transfers, Checks, and other payments for all company
• Post transactions to journals, ledgers and other records
• Reconcile accounts payable, Receivable transactions
• Research and resolve invoice discrepancies and issues
• Keep information confidential and secure them with random database backups.
• Keep up with financial policies, regulation and legislation.
-