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Sameh Mohammed el shahat, Chief Accountant

Sameh Mohammed el shahat

Chief Accountant·Marsana Rent Acar

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 19 years, 4 months

Chief Accountant

March 2019 - Present

Marsana Rent Acar

Jeddah, Saudi Arabia

I found this job using Bayt.com

March 2019 - Present

Main tasks & responsibilities

- Prepare monthly and yearly cash flow forecasts.
- Prepare & follow up of budgets and business plans.
- Provide timely explanations of variances between actual results and forecasts/budgets; provide corrective action recommendations to management, where necessary.
- Have ability to deal with banks and financing co.'s to get facilities with best rates.
Company industry:
Automotive Repair, Spare Parts, & Support Services
Job role:
Accounting and Auditing

Chief Accounts

December 2017 - September 2018

Al Ahlam Holding Co.

Jeddah, Saudi Arabia

December 2017 - September 2018

Main tasks & responsibilities:

- Preparation of all financial reports, including Profit and Loss Statement, Balance Sheet and Statement of Cash Flows, as well as the year-end financial reports.
- Manage daily operations of accounting department.
- Preparation of monthly Vat reports.
- Preparation of yearly Zakat declaration and deal with Zakat and Tax authority.
Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Senior Accountant

May 2010 - October 2017

Al Salem Kitchens & Lighting Co. (member of Binladen group)

Jeddah, Saudi Arabia

May 2010 - October 2017

Main tasks & responsibilities:
- Monitor and analysis accounting data.
- Facilitate to get confirmations with receivables, payables, banks, related parties and others.
- Analysis of open receivable and A/R provision on monthly basis .
- Monitor all the purchase and expense accruals booked more than 60 days and ensure timely reversal of over accruals.
- Preview L/C’S. Applications form and prepare invoices of export L/C’S. and follow up import L/C’S.
- Work with internal and external auditors during reviews and audits to ensure full cooperation from accounting staff and compliance with all qualified requested.
- Ensure that projects are completed on time and within budget.
- Coordinate and follow up with foreign vendors from the beginning of approved company’s purchases orders to update us of shipping date to coordinate with clearance & shipping companies to receive and issue it from Saudi port to our store easily and without extra costs ( Mega projects-Haram-Makkah ).
Company industry:
Industrial Production
Job role:
Accounting and Auditing

Accountant

September 2009 - April 2010

Auto Mark Rent Acar

Jeddah, Saudi Arabia

September 2009 - April 2010

Main tasks & responsibilities:

- Process month and end year process, accounts payable, receivable, cash receipts, general ledger, payroll and utilities, treasury, budgeting, revenue, capital assets reconciliations, statement reconciliations, check runs and fixed asset activity.
Company industry:
Automotive Repair, Spare Parts, & Support Services
Job role:
Accounting and Auditing

Accountant

February 2009 - July 2009

Ocean oil plant

Jeddah, Saudi Arabia

February 2009 - July 2009

Main tasks & responsibilities:
- Data Entry, Bank reconciliations.
- Issuing weekly collections report.
- Following up accounts receivable due payments and reconciling suppliers statements.
- Monitoring of stock records and participating in physical stock taking.
Company industry:
Oil & Gas
Job role:
Accounting and Auditing

Sales Supervisor

July 2006 - January 2009

El sebely factory

Banha, Egypt

July 2006 - January 2009

Main tasks & responsibilities:

- Ensure that promotions are matching with company standards.
- Organize and distribute staff tasks.
- Handle customer questions, complaints and issues.
Company industry:
Manufacturing
Job role:
Marketing and PR

Education

Banha university

June 2006

June 2006

Bachelor's degree, Accounting

Egypt

GPA (percentage): 68%

GPA (percentage): 68%

Accounting department,

Benha University

June 2006

June 2006

Bachelor's degree, Accounting And Administration

Egypt

GPA (percentage): 68%

GPA (percentage): 68%

Skills

accounting
Expert
accounting
Expert
Marketing
Intermediate
Marketing
Intermediate
Computer skills
Expert
Computer skills
Expert
Finance
Expert
Finance
Expert
Vat
Intermediate
Vat
Intermediate
Auditing
Expert
Auditing
Expert
Finanacing
Expert
Finanacing
Expert

Languages

English
Expert
Arabic
Native Speaker
Arabic
Native Speaker

Training and Certifications

Certifications
Certificate of achievement
Feb 2013
Show credentials

Hobbies

  • Reading,swimming and football