Chaalan MRAD, Accounting Lead

Chaalan MRAD

Accounting Lead

Arabia Insurance Company

Location
Lebanon
Education
Master's degree, Accounting
Experience
9 years, 3 Months

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Work Experience

Total years of experience :9 years, 3 Months

Accounting Lead at Arabia Insurance Company
  • Lebanon - Beirut
  • My current job since April 2021

•Supervises the performance of the team and work closely with them in a supportive & effective manner
•Review all the accounting transactions and ensure compliance with procedures
•Performs month end closing of accounts, including recording of prepaid expenses, depreciation and accruals
•Review branches trial balances and reconcile of inter-branch accounts
•Monitor cash and bank accounts balances, and prepare cash flow report
•Prepare bank reconciliations
•Prepare regulatory reports (municipal tax and proportional stamps)
•Handle VAT, income tax and built property tax declarations
•Identifies changes & improvement needed in the processes, software and reports
•Investigate delays, solves problems and ensures timely task completion
•Coordinate with internal and external auditors on the regular audit engagements

Senior Accountant at Kallassi Group
  • Lebanon - Beirut
  • November 2018 to March 2021

• Implementing new transaction processing systems to ensure data optimization within the newly acquired entity
• Mitigating various operational risks by implementing reliable control procedures
• Working closely with the ERP support team to ensure a smooth transition from SAP to Oracle JDE, and to implement the necessary customization in order to accommodate the business needs
• Participate in developing an accurate items cost structure that served as a base for the pricing structure
• Verification, cost analysis and recording of goods related invoices
• Processing expense accounts & ensuring budget compliance
• Monitoring cash balance and preparing a weekly cash report to ensure adequate funding of operations
• Preparation and execution of payments in accordance to a precise payment schedule
• Validation of newly created customers.
• Issuing ageing and overdue reports on a weekly basis
• Issuing customer discounts in accordance with their monthly/yearly agreements
• Check and reconcile suppliers, customers & bank statements
• Validation of new stock keeping units and monitoring stock transactions
• Conducting cycle counts, highlighting obsolete items & near expiry
• Maintaining an asset register and a depreciation schedule
• Assist with month-end closing processes
• Assist in the preparation and declaration of social security & the value added tax
• Coordinate with internal and external auditors on the regular audit engagements
• Maintain proper banking relationship

Accountant at Unipharm S.A.L
  • Lebanon - Beirut
  • October 2017 to October 2018

• Verification and recording of supplier invoices in the ERP system
• Check, validate and process expense accounts
• Monitor liquidity against expenses
• Monitor accounts receivable and coordinate with sales supervisors to highlight collection issues
• Follow up and reconcile banks, suppliers and customers accounts
• Process payments and transfers to international and local suppliers on a monthly basis
• Assist in the preparation and declaration of the social security, the value added tax (VAT) and for income tax.
• Filing and other related administrative tasks

Accountant at Oriflame Cosmetics S.A.R.L
  • Lebanon - Beirut
  • November 2015 to October 2017

• Processing data entries of day to day accounting transactions.
• Follow up and reconcile banks, suppliers and customers accounts
• Follow up receivables, follow up & prepare payables.
• Filing and other related administrative tasks
• Assist in the preparation and declaration of the social security, the value added tax (VAT) and for income tax

Administrative employee at Saint Joseph Hospital (Dora)
  • Lebanon - Beirut
  • May 2015 to October 2015

• Accept payments from patients (Cash, checks, credit or debit cards)
• Issue receipts
• Issue payments or refunds to suppliers or patients based on pre-approved forms
• End of day cash reconciliation

Customer Service Assistant at Air Liquide S.O.A.L
  • Lebanon - Beirut
  • August 2013 to October 2013

• Respond to customer inquiries
• Communicate with customers through various channels
• Processing orders, forms, applications, and requests
• Keeping records of customer interactions, transactions, comments and complaints
• Communicating and coordinating with colleagues as necessary

Education

Master's degree, Accounting
  • at Conservatoire National des Arts et Métiers (CNAM- BEIRUT)
  • November 2019

Expected graduation summer 2020

Higher diploma, Expertise Comptable - License Technique
  • at Institut Pedagogique National de l'enseignement Technique (I.P.N.E.T)
  • August 2015

Specialties & Skills

Microsoft Excel
Income Tax
Accounts Receivable
Cash Control
Data Entry

Languages

English
Intermediate
French
Intermediate
Arabic
Native Speaker

Training and Certifications

CMA - Certified Management Accountant (Certificate)
Date Attended:
April 2021

Hobbies

  • Hiking, Swiming, Football.