Accountant
Modern Food Catering Services Company
Total years of experience :19 years, 10 Months
• Set up and improved accounting systems and processes to meet business needs and maximize effectiveness of operations.
• Maintained integrity of general ledger, including chart of accounts.
• Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
• Check, analyze and record all supplier’s invoices
• Analyzed files and accounts for discrepancies, accurately resolving variances.
• Prepared and distributed financial statements and reports, including related schedules.
• Reconciled accounts from income and expense data to net worth and assets.
• Accurately documented all cash, credit, fixed assets, and accrued expenses.
• Prepared monthly bank reconciliations with 100% accuracy.
• Prepare quarterly VAT Return Reports.
• Prepare all schedules and documents requested by an External Auditor
1. Prepare monthly and yearly Profit and Loss Report both for the Company and Franchisors
2. Prepare Trial Balance and Balance Sheet
3. Daily Cash flow
4. Prepare monthly Budget plan for payments
5. Audit schedules
6. Recording of Assets both selling and buying, and do the monthly depreciation and amortization
7. Executive Summary reports for Rent and Utilities
8. Recovery Dashboard
9. Daily Net Sales report
10. Account Analysis for general ledger, suppliers and customer
11. Prepare monthly payroll, record and payment schedules
12. Involve in setting up new system integration
13. Review the
a. Settlements both End of service and Vacations
b. Journal entries, payment entries and receipt entries
c. Quarterly VAT reports
14. And others that are needed by the General Manager and Chief Executive Officer like Break Even, business unit analysis (post covid), etc.
1. Responsible for the whole inventory cycle. From uploading the monthly physical count to the system until preparation of Food Cost Report for each branch in monthly basis. I am the one who established the proper procedure, making the template for both physical inventory and the food cost report, and maximizing the usage of our MAMSYS (ERP).
2. Responsible for the assurance that all sales both cash and card payment are credited to the bank in daily basis. Then record it to the system
3. Bank Reconciliation
4. Prepare invoice for our Credit customers
5. Monthly payroll preparation
6. General Ledger Account analysis
7. Computation for the Vacation or Terminated/Resigned employees
8. Attend queries
9. Temporary replacement of the Finance Manager in his absence for more than 6 months.
a. Prepare daily Cash Flow
b. Prepare monthly P&L and other reports that required by Top Management and franchisor
c. Review and approved all types of payments and receipts
d. Insurance coordinator
e. Supervised the whole Finance
Job Description: FROM APRIL 2013 to MAY 2016
1. Review and approve the following:
Petty cash replenishment
Invoice voucher from suppliers
Cash Receipt voucher
Payment Voucher
Payroll
Vacation settlement and end of service settlement
Monthly journals
Bank Reconciliation
2. Prepare employee loan deductions on monthly basis
3. Maintaining the Charts of Accounts
4. Review and maintain the Asset Master File
5. Maintain tracking records for the Work in Progress
6. Responsible for the Insurances such as Fire, Fidelity, Money and Medical Insurance
7. Review sales summary report and un-deposited sales
8. Prepare Schedule and payments for Rental both Restaurant and Accommodation
9. Prepare schedules and payments for Rented and lease to owned cars
10. Analyse General ledger accounts and journalizing necessary adjustments
11. Prepare Trial Balance and other reports needed by the Chief Finance Officer
12. Creating Procedure and guidelines in some accounting transaction flows and insuring that it is implemented upon approval
13. Attending queries from Other Departments
SPECIAL JOB:
1. OIC for Accounting if the Chief Finance Officer is on Leave
2. Preparing documentations and schedules for SIDF
3. Prepare schedules and documentations for yearly Financial Audit, and attend relevant queries from the external Auditor.
4. Involve in the preparation, documentation and making of process flow for the new system - ERP.
5. Assist Chief Finance Officer in Budget preparation
Job Description: FROM MARCH 2009 to MARCH 2013
1. Preparing Daily Sales Report, sales analysis and monitor daily sales deposits
2. Classifying and recording of fixed assets, monthly depreciation and monthly Fixed assets analysis preparation
3. Analyze General ledger accounts and journalizing necessary adjustments
4. Assist Chief Accountant in preparing Trial Balance
5. Assist Chief Accountant in preparing monthly reports
6. Journalizing of monthly payroll both Saudi and Foreign and Saudi social insurance
7. Full responsible in assuring that all Cars are insured, all restaurants are covered with Fire insurance as well as Money Insurance, all managers are covered with Fidelity, and all new employees are added to Medical Insurance and resigned are deleted.
8. Bank reconciliations for 3 Bank accounts
9. Review journals of my co-worker
10. Processing of petty cash fund replenishment from 27 branches plus fund replenishment of Management personnel and preparing petty cash fund monthly report
11. Prepayments scheduling like restaurant, housing, etc rentals and monthly amortization
12. Assist external Auditor for various requirements
13. Accounting system administrator (SOMAC)
14. Processing and posting of payment voucher
15. Posting of Cash receipt voucher
Overall Purpose of Job:
Junior Financial Analyst is responsible for routine tasks, preparation of reconciliations and other reports within Intercompany Accounting. Also responsible for monitoring and communicating with other units within the Center and with the client to ensure activity timeliness and quality objectives are met.
Tasks & Responsibilities:
BASIC
1. Raising of Intercompany Debit Memos
2. Dispatch of Approved Debit notes to the Affiliates
3. Internal coordination and communication
4. Monitoring of E-Treasury
5. Preparation of Preliminary and Final Intercompany Statement of Account
6. Preparation of IC-17
7. Intercompany Accounts Reconciliation
8. Preparation of Out of Balance Reports
9. Explanation and investigation of Intercompany out of Balances
10. Preparation of accrual of Intercompany transactions
11. Resolution of Out of Balance
12. Filing and repatriation of documents
13. Adhoc assignments
14 Carry-out procedures based on Work Instructions
MEDIUM
1. Proposal of adjusting Journal Entries
2. Validation/verification of adjusting journal entry posting
3. Complex Account Reconciliation and clearing follow-up
4. Coordination task across all Accounting Functions and client counterpart
5. Monitoring of the completion of the Intercompany tasks
COMPLEX
1. Review of proposed Journal Entries
2. Assistance to Team Lead on review of Reconciliations
3. Assist Team Lead in overseeing the team’s operations
4. Client interface in the absence of the Team Lead
5. Assist Team Lead in mapping of procedures
April 04, 2003 - Sept. 04, 2003 - Contractual
• Sorting and filing of Official Receipts, Daily Collection Report and Deposits slip
• Preparing bank reconciliation for more than 5 bank accounts
• Retrieval of various documents
• Responsible in monitoring all sources documents.
• Process the assessment and payment of Real Property Tax
• And Others as needed
Sept. 09, 2003 - April 10, 2007
• Intra-Company Analysis with reconciliation for more than 20 affiliates, 2 subsidiaries and 2 divisions
• Preparing bank reconciliation for more than 10 bank accounts
• Accounts Receivable Non-Trade Aging
• Recording of all debit memos and credit memos from different company
• Recording of liquidation on cash advances and clearing of employees account
• Responsible in monitoring all sources documents.
• Preparing schedule on Expanded Withholding Tax for BIR Audit purposes
• Schedule of Other assets, and amortization.
• Conduct annual inventory in various branches
• Monitoring of Prepaid Insurance and its monthly amortization.
• Custodian of Northeast branches such as Starmills, Metroeast, Cainta, and Cebu branch
• Prepare SFAS 17 for Starmills, Metroeast, Cainta, and Cebu branch
• Release of Purchase Requisition
• Filing and assessment of Business permit
• Responsible in monitoring all other income accounts
• And others as needed for Financial Statement purposes
SPECIAL JOB:
• Prepare monthly Financial Statement of Robinsons Children’s Library, Inc. (RCLI)
• Supervising and monitoring the monthly transactions of RCLI