Joint Venture Audit Accountant
Kuwait Foreign Petroleum Exploration Company
مجموع سنوات الخبرة :24 years, 8 أشهر
Joint Venture Audits and Coordination
Joined in August 2006 as Auditor, promoted as Senior Auditor in July 2010 and as Assistant Manager in July 2012.
Finalizing accounts, preparation and analysis of financial statements in compliance with IFRS and IAS
Consolidating financial statements of subsidiaries, associates and joint ventures
Financial accounting and MIS reports and applying analytical skills
Monthly and quarterly financial statements and management reporting
Drafting and implementing accounting policies and procedures, chart of accountants and internal controls in accordance with generally accepted accounting practices
Analyzing internal controls and recommending improvements
Projected financial statements, budgeting and variance analysis
Drafting Audit Reports, Management Representation Letters and correspondence with clients
Conducting Business Valuation and Goodwill Impairment Testing
Conducting statutory audits and internal audits in compliance with International Standards on Auditing (ISA)
Income Tax Audit of Foreign Companies as per Income Tax Act of Kuwait, Filed Declarations, participated in Income Tax Inspection and Assessment
Preparing payroll and calculating leave and indemnity as per Kuwait Labour Law
Involving in cost control and cash flow analysis
Working as part time Accounts Manager
Accounting from chart of accounts up to finalization independently
Monthly, Quarterly and Annual Financial statements
Preparation and presentation of monthly reports including accounts payable / receivable reconciliation, P&L, Balance Sheet, Cash Flow, Bank Reconciliations etc.
Monitoring banking activities of the organization
Handling bank transactions
Developing and monitoring budgets
Oversee customer contracts and recognizing revenue by coordinating contract status with Project Managers
Oversee and handle Accounts Payable and Accounts Receivables, ensure collection of receivables and payments of payables
Responsible for payroll and disbursement of salaries
Oversee and control petty cash transactions
Serve as a key point of contact for Auditors
Creating and applying fiscal controls and procedures within the accounting department and ensuring the operation of internal controls
Maintaining Fixed Assets Register
Executing financial and accounting functions for the day to day operations of the office and other administrative requirements of the company
Managed daily accounting and administration
Conducted statutory audits and internal audits
Management consultancy and advisory services
Income Tax and Sales Tax consultancy
Conducted Bank Audits
Accounts receivables and Accounts payables handling
Cash and bank management
Demonstration and training of CAAT Software to Chartered Accountants, Finance Professionals and Corporate Clients
Preparing and processing debit notes and credit notes
Invoicing and managing receivables, payables and petty cash
Bank reconciliation, receivables and payables reconciliation
Payments and approval procedures
Cost accounting and preparation of Bill of Materials in coordination with production department, valuation of inventory, work in progress and finished goods
Involved in procurement of materials, inviting quotations, negotiations with suppliers, purchase orders and arranging logistics
Inventory control, Maintaining stores records
Involved in finalizing accounts and participation in preparing financial statements
Filing of income tax and sales tax returns
Coordinating with auditors
Managed the office accounting and administration
Finalization of accounts, preparation of financial statements, assisted in drafting audit reports
Statutory audit and internal audit of trading, manufacturing, service entities, banks and financial institutions and educational institutions
Accounting and tax consulting
Accounting, Auditing, Costing, Corporate Law, Income Tax
