سامي رشدي

Abyaar Real Estate Company - Kuwait
Senior Accountant
 Optimized financial operations by managing comprehensive account systems using Microsoft Dynamics AX, resulting in a 20% increase in processing efficiency and a 15% reduction in financial discrepancies.
 Enhanced reporting accuracy by conducting meticulous reconciliations for the Stock Market in Kuwait, Capital Markets Authority (CMA), and KCC, resulting in a 25% reduction in reporting errors and improving compliance rates by 20%.
 Reduced discrepancies by 30% through streamlined subsidiary ledger maintenance.
 Prepared and analyzed monthly financial statements, ensuring financial integrity for internal stakeholders, which resulted in a 20% improvement in financial accuracy and boosted decision-making efficiency by 15%.
 Led the annual audit process, achieving zero non-compliance issues over a 5-year period.
 Decreased tax filing processing time by 15% year-over-year through efficient tax filing procedures.
 Improved operational efficiency by 25% by implementing robust internal control systems.
 Maintained optimal liquidity levels through effective daily cash flow management for ongoing projects, resulting in a 15% improvement in cash flow stability and ensuring timely project completion.
 Increased turnover rates by 20% within two fiscal years by administering accounts receivable and payable processes.
 Executed end-to-end payroll operations with precision, impacting over 200 employees annually.

• Handled a company account on accounting software (Microsoft Dynamics AX).
• Preparation of All the Reports of Kuwait Boursa, Capital Markets Authority (CMA) & KCC.
• Preparation of quarterly & yearly financials.
• Preparation of monthly PL for the company.
• Consolidation of Financial Statements of the parent company.
• Review Bank Reconciliation, supplier's reconciliation & customer reconciliation.
• Daily coordinating with the collector, providing them with required like invoice copy, customer SOA, and reconciliation of customer.
• Sending emails to customers for payment, invoices, SOA,
• Maintaining the accounting system & supervising junior accountants.
• Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
• Daily reviewing financial entries like petty cash, JV, and Payment vouchers.
• Handling external audit and internal audit.
• Handling local and foreign supplier payments. Checking Operation status every month at the time of payment.
• Managing accounts receivable.
• Managing Monthly Accruals & prepaid.
• Closing of Accounts by the 10th working day of each month.
• Preparing Monthly costing and reindexing in the system.
• Posting Purchases, JV, Debit Notes, Credit Notes, shortage in stock, Excess in stock,
• Posting monthly intercompany sales & purchases.
• Preparing letters for banks.
• Experience in Payroll (Like preparing salary, uploading salary, calculation of leave & indemnity).
• Acting on behalf of the Finance manager in case he was Vacation.

• Preparation of daily performance reports of Portfolios to dealers and top management before the start of the stock Exchange indicating the balances of shares, cash in KCC, purchase & sale movement, and cash movement.
• Preparation of daily KCC accounts for the accounts including the recording of chq, purchase & sale, various charges, forward transactions, recording capital increment, security profit distribution, and others.
• Preparation of Bank Reconciliation for all Bank accounts.
• Preparation of the Monthly Report of portfolios for our clients including portfolio position, forward deals position, cash statement, realized profit/loss, and portfolio performance.
• Preparation of Kuwait Boursa Monthly Report showing the value of clients' portfolios by sector (Banks, Insurance, Real Estate, Industrial, Services, etc., ).
• Preparation of schedules and requirements of the audit on portfolios conducted in April and October of each year regarding the adherence to the agreed-upon procedures in managing clients' portfolios.
• Preparation of all the data and schedules required by the committee of Kuwait Boursa in their annual inspection of the portfolio management.
• Preparation of letters of disclosure regarding the opening or closing of portfolios within the period determined by the Stock Exchange (5 DAYS).
• Issuing chq of portfolios' clients and making all bank transfers to KCC related to covering our portfolios.
• Following up with our brokers in case of receiving chq, returning chq to accounts, obtaining broker sheets, and others.
• Matching the shareholders' register with security balances in all accounts.
• Good experience in system reports and retrieving accounting information.
• Reviewing the data entry of both subscription and redemption applications of fund clients.
• Following up with the auditors on the audit process till issuing the financial statements of the funds.

• Preparation of petty cash, cheque, and bank transfer vouchers against the receipt signed by the payer. Preparation of statement for petty cash and chq, transfer vouchers with the ref codes separately for each division.
• Voucher filing separately for chq and petty cash.
• Supplier list, statement, and filing for each division based on purchase monthlies.
• Checking on daily sales report against deposit slip of sales into the bank the next day and follow up
• Making the staff salaries.
• Review invoices stores
• Miscellaneous work as when required i.e. stock check etc.

Responsible for receiving checks and cash for deposit, verifying amounts, and checking the currency of deposit slips.
•Promoting and selling products and services such as travelers' chq, cashier chq (manager chq) money orders, Foreign chq issuance, etc.
•Balancing the vault, cash drawers, ATMs, and ordering products for the customer (chq, deposit slips, etc.)
•Resolving problems or discrepancies concerning customers' accounts.
•Performing clerical tasks such as typing, filing, and microfilm photography.
•Informing customers about foreign currency regulations, and computing transaction fees for currency exchanges and cross exchange rates.
•Issuance remittances such as transfers to correspondent banks, Western Union, and money gram.

• Assists in all matters related to accounting and auditing functions for small and medium firms, Assists in preparing feasibility studies. Deals with manual and computerized system, and manage income tax file with the tax department.