Senior Accountant
AlFardan Group
مجموع سنوات الخبرة :10 years, 9 أشهر
● Financial Reporting on Monthly Basis to Head office.
● Preparing Inhouse financials.
● Leading the Monthly Close and Budget Vs Actuals reporting for KSA.
● Preparing customized financial reports as per management requirements.
● Monthly VAT return Filing and Yearly Review & Closing.
● Monthly ZAKAT calculation for accruals.
● Monthly Withholding tax calculation and filing.
● Handling Annual Audit with EY.
● Successfully handled VAT, ZAKAT & Withholding Tax audit with ZATCA for previous years.
● Corporate Bank Loans Drawdown, Settlement & Rollover.
● Dealing with banks in FOREX for International payments.
● Fund Management and Daily Cash Flow Reporting.
● Banking & Coordination with Banks Relationship Managers (Handling Approx. 28+ bank accounts).
● Keep track of the company's financial expenditures, maintain a database and provide reports as and when requested by CFO.
● Reviewing monthly prepaid, accruals, leave salary, EOSB, Depreciation & amortization.
for Corporate clients like MA’ADEN, SABIC, FARABI, ANABEEB etc.
* Reviewing of Invoices prepared, assuring invoice format, service charges, P.O. clause.
* Reviewing payroll components and amount to be charged back accordingly.
* Ensuring components such as recruitment cost, exit re-entry, MOFA etc. has been charged back.
* Uploading of Invoices in MA’ADEN I-Supplier (e-portal) after internal approval.
* Ensuring payment credit terms.
* Payment follow up the clients.
* Maintaining statement of Account.
Accounts Receivable Roles
* Estimating and submitting Contract Costing for existing and prospect clients.
* Effectively process all bank reconciliations and maintaining statement of accounts.
* Reviewing of PO and contract-based Invoices.
* Auditing and rectification of Receivable Invoices to ensure all components has been chargeback to all client
rendering services.
* Preparation of Monthly Customer & Vendor Reconciliation to ensure the Active status.
* Updating and Maintaining Statement of Accounts of all 196 clients on daily basis.
* Research and Investigating any discrepancies with payments received, batches posted and bank balances.
* Expert in resolving account discrepancies by investigating documentation; issuing stop payments,
adjustments.
* Developing and implementation of strategy of the accounting management.
* Proficient in completing accounts receivable duties including invoicing, researching chargebacks,
discrepancies, and reconciliations.
* Co-ordinate and co-operate with external parties such as bankers & auditors in year End (Al Thunian,
Riyadh).
* Reconciled, reviewed, and processed invoices for payments on Oracle system and facilitate the preparation
of internal payroll in oracle.
* VAT calculation and return filing every quarter based on Saudi Law.
SHADAB ALAM Page 4
Credit control Roles
* Timely follow-up with all clients rendering services to ensure invoices has been paid within credit time.
* Maintaining of Invoice aging report to support payment follow up.
* Ensuring of Invoice acknowledgment has been received and being properly filed as proof of submission of
invoices to client.
* Equalizing of Client statement to make sure no invoice or payment has been omitted.
* Meeting with existing clients in case of halted invoices to recover the amount.
Accounts Payable Roles
* Overall supervision of daily operation of accounts payable, cash receipt and general ledger accounts
prepared by Accountant.
* Oversee and timely receiving of all vendor invoices.
* Analyzing the invoices received from vendor such as travel agencies, recruitment agencies, Medical etc.
with actual record of company to ensure right payment.
* Payment processing of suppliers and petty cash transaction.
* Preparation of Accounts payables schedule & monthly aging analysis .
* Process employee expense reports and credit memos in accordance with company policy by verifying and
completing accounts payable transactions.
* Review Payroll & Transfer sheets payment before obtaining final review and approval from the Finance
Manager to process employee salaries. Ensure correct deductions, reimbursements for employees as
required.
* Preparation of Internal Payroll fully aligned with Saudi Labor law.
* Reviewing and uploading bank file for final payment for accrued salaries.
* Computation and renewal of Insurance and GOSI.
* Successfully manage general ledger accounts, financial statements, and cost control systems and organize
financial reports by collecting, analyzing, and summarizing account information and trends.
* Review & Supervise Accounts payable & Account receivable Account, Request supplier & customer’s
statements for reconciliations & to settle any discrepancies.
* Building up accounts procedure/process and update as per necessity.
* Preparing various form & formats to run the department/accounts smoothly, accurately & transparently.
* Ensuring the company policy relating to accounts.
* Preparing Letter of guarantee/Letter of credit/Bank reconciliation/Payroll.
* Preparing various reports as required by president.
* Deliver high-quality, timely and effective back-office support to allow clients to focus on operational metrics
critical to their business’ growth and ultimate success.
* Develop and maintain periodic reports and present same to the management on regular basis.
* Ensure defining and maintaining a complete, accurate, up to date customer & supplier’s records.
Reviewed expense reports for corporate policy compliance and responded inquiries regarding proper
coding of expenditures and payment invoices.
* Created and preserved track record of company’s expenses and invoice data to easily access vendor
documents. Administered cash disbursements, prepared payments for distribution and maintained
historical records.
* Conferred with vendors to resolve discrepancies on invoices and provided vendors with payment
information when requested.
* Executed attendance verification, salary calculation of staff, security, and housekeeping Service.
Accountable for purchase of marketing material, company fixed and current Assets.
* Communicated with marketing department, purchasing department and accounting department.
* Executed finance role planning and model designing while ensuring that finances are accurate and up to
date, and staff, vendors and suppliers are paid in a well-timed and suitable manner.
STUDY OF FINANCE
STUDY OF COMMERCE AND ACCOUNTING