Chief Accountant
Altakamul International Group
Total years of experience :19 years, 10 Months
Achievements:
Member of developing team that responsible for implementation of strategic group plan which contain:
▪ Uniform policy and procedures for holding group and subsidiary units (2016-2017).
▪ Uniform software system application to an ERP (Oracle JD Edward) for holding group and subsidiary units (2016-2019).
▪ Establishing and uniform Budgeting processes (2016-2017).
Major Duties and Responsibilities:
• Assist CFO to ensure the company's financial stability and liquidity within budget Plan.
• Monitoring cash flow on a daily, monthly basis, managing working capital.
• Controlling daily financial and accounting activity for AR, AP, GL, required reports.
• Maintain closing procedures for subledger, general ledger, trial balance on deadlines.
• Follow up and reporting of investments includes monthly dividend, finance performance, communicating with investments internal and external parties for inquiries, investigation and ensure commitment to deadlines.
• Managing the financial planning and budgeting processes
• Communicate with managers and subsidiaries concerned for annual budget to complete financial and strategic plans in accordance with procedures and deadlines.
• Ensure Commitment VAT and Zakat regulations, represent company to Zakah for any inquiries.
• Prepare studies and finance reports, such as performance reports, cost report by category, Consolidated Budget report, Feasibility study, NPV report, financial analysis report (trend, variances, notes, recommendation, ratios, other such as financial needs and finance, financing and investment structure, company’s future value, break-even, failure analysis), others as required.
• Response to stakeholder inquiries, instruction.
• Collaborate with external auditors to prepare audit schedules and responses to audit inquiries, facilitate the audit process and address any audit findings.
Accomplishments
• Developing documentation and accounting cycle led to increased financial controller.
• Develop "ERP" system leading to accuracy and strength of finance reports.
• Enhancing company profit through bank facilities led to an increase in revenue of 10% and a decrease in the cost of sales of 15%.
• Made comprehensive study for 850 maintenance contracts based on company actual cost led to increase profit 10% for maintenance department.
Major Duties and Responsibilities:
• Managing, controlling day-to-day finances, accounting activities.
• Ensure recording of accounting transactions in line with accounting standards and company policy and procedures.
• Ensure accurate and timely financial reporting in compliance with IFRS.
• Prepare monthly, quarterly, and annual financial statements.
• Managing budgets, forecasting future financial performance.
• Setting financial goals, tracking progress, and adjusting as needed.
• Prepare budgets in collaboration with relevant managers.
• Monitor and report on budget variances and recommend corrective actions.
• Analyze costs, pricing, variable contributions, Conduct reviews and evaluations for cost-reduction opportunities.
• Lead and mentor the finance team to optimize performance and professional development.
• Supporting line management in development and implementation of corrective action.
• Analysis and interpretation of the financial condition of company, including its cash position, working capital requirements.
• Issue project cost reports, make sure billing on time according to percentage of completion, make comparisons between actual project cost VS projected.
• Liaising, communicating, negotiating, and concluding agreements with suppliers and customers.
• Communicate with managers, auditors, and company owners.
General accountant
• Follow up and records on daily the branches transactions for accounts payable, accounts receivable, and general ledger entries.
• Assist in month-end and year-end closing procedures, including accruals, adjustments, and reporting.
• Work collaboratively with Branch managers, to provide accurate financial information and support decision-making.
Senior accountant
• Ensure that accounting operations are recorded and directed correctly.
• Following up on customer accounts, opening accounts, collections, investigating overdue, aging debts, raising, lowering credit limits, reconciliations, and confirming period balances.
• Assist chief accountant to close period and to prepare financial statements.
Branch accountant (Riyadh)
• Receive sales invoices and receipts, check, enter, archive daily.
• Delivering, receiving the petty cash, reviewing, registering, and requesting renewal.
• Ensure, reconciliation and deposit the cash, check and the transfer to the bank on daily basis.
• Close accounting period monthly include reconciliation contra accounts with head office.
• Accounting data entry.
• Prepare trial balance and financial statements.
Bachelor Degree of Accounting June - 2004 Mu'tah University - Jordan