Usman Naeem, Accountant

Usman Naeem

Accountant

New Mowasat Hospital

Location
Kuwait
Education
Master's degree, Finance
Experience
5 years, 5 Months

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Work Experience

Total years of experience :5 years, 5 Months

Accountant at New Mowasat Hospital
  • Kuwait - As Salimiyah
  • My current job since January 2021

Roles & Responsibilities:

I. Receivable (Credit Sales)

• Reconciling insurance claims of vendor accounts on both monthly and yearly basis.
• Following up with the insurance companies to provide the settlement details.
• Coordinating with our internal insurance department for the verification of rejected claims from vendors.
• Re-submitting rejection claims to insurance companies.
• Following up with the insurance companies to settle their pending balances on time.

II. Revenue (Cash Sales)

• Handling and checking all hospital cash revenue on daily basis.
• Making cash revenue reconciliation on daily basis.

Junior Accountant at Wara Hospital
  • Kuwait
  • July 2019 to January 2021

Wara Hospital has emerged as one of the newest medical facilities in the private sector in Kuwait in 2019. Wara is Kuwait’s 1st Super-Specialty, Surgical Hospital founded by a dedicated group of Kuwaiti physicians, committed to providing the highest medical care.

Role and Responsibilities:
Reporting directly to Chief Accountant and Finance Manager.
•Key Roles:

•Revenue

•Handled all the On-Spot Revenue and Prepaid Revenue of hospital (Cash/Knet/Visa) manually
•Entering all the hospital revenue in Microsoft excel by going through all the invoices one by one of all the departments (in-patient, out-patient, x-ray, laboratory, pharmacy)
•Making Daily Revenue Entries in accounting software
•Handling all Patients Refund of all the departments
•Entering all Bank Deposit Slips against cash sales in accounting software
•Reconciling cash sales with the cashier
•Submitting Monthly Revenue Report to Finance Manager
•Handled all the revenue in Hospital Management System (Centralized & Automated Software) as well
•Interacting and Coordinating with all the department in case of any issue in the revenue invoices

•Payable (Trade Payable & Accounts Payable)

•Checking all the invoices related to both trade payable & accounts payable
•Reconciling our statement of account with suppliers statement of account on monthly & yearly basis
•Submitting Monthly Reconciliation Reports along with pending ending balances to Chief Accountant
•Interacting and Coordinating with all the department in case of any issue in the payable invoices

•Side Roles:

•Making different type of reports for Finance Manager (Specific Doctor/Department Revenue, Patient Treatment reports)
•Handled Accounts Receivable (KOC Patients revenue) for IVF department
•Reviewing purchase quotations with purchase officer
•Making cash salary vouchers
•Assisted EY Auditors independently for Forensic Audit
•Worked in Yearly Inventory Count for Pharmacy store and Main store

Junior Accountant at Wara Hospital
  • Kuwait - Sabah as Salim
  • July 2019 to January 2021
Junior Accountant at Bench Business Advisory
  • Kuwait - Al Kuwait
  • July 2018 to September 2018

This is an accounting firm known for making Financial Statements for other companies/businesses and has clients in real estate companies, restaurants, bakeries, textile & clothing outlets, clinics and etc.

Roles:
1- Preparing Financial Statements including Income Statement and Balance Sheet
2- Preparing Sales Sheet and Expense Sheet on monthly and yearly basis
3- Calculating Depreciation and Amortization on both monthly and yearly basis
4- Calculating Salary, Leave & Indemnity on both monthly and yearly basis
5- Reconciling Receivable & Payable (Both Trade & General)
6- Maintaining Cash Accounts (Cash at Bank, Cash at Hand, Petty Cash)
7- Preparing Bank Reconciliation Statement
8- Ensuring all data is accurate and up to date

Junior External Auditor at Grant Thornton Kuwait
  • Kuwait - Al Kuwait
  • April 2017 to June 2017

Company: This is a firm known for providing Advisory, Assurance, Tax and Business Risk Services that has clients in major Energy & Resources, Financial Services, Food & Beverages, Tourism & Hospitality, Construction & Real estate companies




Role and Responsibilities:
Worked under the supervision of Audit Manager. Assisted Semi-Senior external auditor in fulfilling audit responsibilities, tasks and reports on time.
•Identification of issues (JV’s wrong entry/Wrong Amount Entered), drawbacks in the financial reporting processes (Wrong Purchase process/poor cheque records & etc.) & operations and making recommendations
•Management of assignments and ensuring successful completion of audit within deadlines
•Application of technical knowledge to the working environment
•Sharing and upgrading the knowledge.

Education

Master's degree, Finance
  • at International Islamic University
  • February 2019

Gold Medalist (1st Position Holder of Batch)

Bachelor's degree, Finance
  • at International Islamic University
  • June 2016

2nd Position Holder in Class

High school or equivalent, Finance
  • at Pakistan School and College
  • January 2012

Pre-Engineering •Marks: 656 out of 1100 (59.64%)

High school or equivalent, Science
  • at Pakistan School and College
  • January 2009

,Science •Marks: 830 out of 1050 (79%) (1st Position Holder in Class)

Specialties & Skills

ACCOUNTANCY
ACCOUNTING
ACCOUNTING SOFTWARE
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
BALANCE
BANK RECONCILIATION
BOOKKEEPING
CASHIER
CUSTOMER RELATIONS

Languages

English
Intermediate
Urdu
Expert
Arabic
Beginner

Memberships

Kuwait Audit and Accountant Association
  • Member only
  • June 2019

Hobbies

  • Reading & Sports