Senior Accountant
AON Insurance and Re Insurance Co.Riyadh , Saudi Arabia
Total des années d'expérience :12 years, 2 Mois
Managing Receivables and Payable
Credit control
Online Banking Management
Calculation and remittance of With Holding Tax & Payment to DZIT
Preparation of various Reports and submit to management.
Comply the SAMA Regulation as well as internal Regulation
Comply the Saudi Labor Law . GOSI Calculation and payment
Liaising with Auditors, comply SOX Audit, SCOPA, ect.
Interco. Reconciliation and Bank reconciliation
Accruals, prepayments, & Fixed Asset Managements
Implementing policies and procedures
Cash flow and financial Statement Analysis
Coordination with other department heads for smooth operation of activities.
Preparation of monthly, quarterly and year end accounting statements (Income statement, Balance sheet, Trail balance) and reports.
Review documents and reports to reconcile general ledger balances with sub ledger balances.
Financial Model Analysis
Records supplier invoices and ensures proper authorization of accounts payable invoices.
Maintain, organize & complete source documents files ensuring compliance with policies and procedures.
Support for Auditors for annual audit, Calculation of GOSI, WHT, ZAKAT
Participate in preparing budget recommendation for the department.
Preparation of monthly payments related to payroll and Employees’ EOS, and other settlements.
Prepare and maintain accrual information related to suppliers, contractors
Monitoring the monthly closing of accounts and monthly reports of Receivables and Payables to the Management.
Preparation of cash flow statement.
Updating day today accounting transactions
Petty Cash Management
Reconciliation of Inter Co. Accounts
Making purchase orders
Maintaining appropriate stock in the hypermarket & warehouse.
Costing and pricing of products
Negotiating with suppliers regarding the price and promotion of goods
Coding and listing of new products through SAP software.
Vendor creations and follow up
Conducting sales promotion.
Dealing share transaction of listed companies in National Stock Exchange.
Fundamental analysis of listed companies and provide valuable recommendation to clients for a proper investment
Reviewing of Technical Analysis of selected shares for short term investment
Co-ordinating clients and providing awareness seminars
Preparation of the month end closing of all accounts and, financial statements(P&L A/c, Balance sheet, Trail balance)on time to show the company financial position
Dealing bank transactions
Monitor customers A/R accounts, follow up over-due payments to minimize the bad debts, highlight any deviations in the collection target and update the management accordingly.
Preparation of cash flow Analysis for both projection and actual to decrease the cost of funds.
Preparation of budget centre reports on a monthly basis comparing actual performance against budget and follows up and reports on variances for management attention.
Review / preparation of daily JV for all expenses with all supporting documents
Review monthly financial statements and analyse expenditure variance. Provides reports to superior to ensure accurate and timely monitoring and control of expenditures.
Coordinate with audit teams to provide necessary support and information for auditing activities when required
Coordinate with HR Department to receive information regarding payroll and process payroll accordingly.
Assist with preparing tax returns and corporate reporting requirements.
Preparation of financial management reports, including financial planning and forecasting.
Preparation of Bank Reconciliation Statement on a monthly basis.
A Grade
B Grade
A Grade