Accounting Manager
Hayat For Development and Projects Management (One of Saudi Binladin Group)
Total years of experience :20 years, 7 Months
•Preparing monthly, quarterly, and annual statements (Income statements, Balance sheets, and Cash flows change in owner’s equity) and the related financial reports.
•Reviewing daily transactions.
•Keeping all Books updated and ensuring compliance with the accounting standards.
•Applying the Company’s financial policies and procedures.
•Ensuring compliance with Law requirements.
•Dealing with External Auditors, Tax Authorities (Withholding Tax, Sales Tax, Income Tax)
•Reviewing physical inventory and analyzing variances.
•Preparing monthly ratios and comments.
•Handling company’s cash flows (daily, weekly, and monthly) to prevent or expect any financial problems
•Preparing & following the Financial Feasibility studies
1. Determines areas of risk and appraises their significance in relation to operational factors for each job.
2.Work to provides flexible audit schedules so to be responsive to management’s special needs.
3.Schedules projects and staff assignments so as to comply with management’s needs within the scope of the activity’s overall schedules.
4.Direct supervision of audit field work to make sure that professional standards are maintained in the planning execution and in the accumulation of evidentiary data.
5.Review audit working paper file to make sure that the approved audit objectives are met and that adequate, practical coverage is achieved.
6.Work closely with the auditor in charge for each job to prepare and/or review the audit reports and discuss them with appropriate management level before final issuance.
7.Assist in evaluating overall results of the audits
1.Conduct or assist in reviews of assigned organizational and functional activities.
2.Evaluate the adequacy and effectiveness of management controls over organizational and functional activities.
3.Determine a whether organizational units in the company are performing their planning, accounting, custodial or control activities in compliance with, management instructions, applicable statements of policies and procedures and in a manner consistent with both company objectives and high standards of administrative practice.
4.Plan and execute complete reviews of limited audit assignments or conduct reviews of portions of extensive audit assignments in accordance with accepted professional standards.
5.Report audit findings and make recommendations for the correction of unsatisfactory conditions, improvements in operations and reduction in cost.
6.Perform or assist in the performance of special reviews at the request of management.
1.Achieving an Audit Related Services such as Assessing & Evaluating of Internal Control Systems and reporting to the Management for the points of weakness & deficiencies.
2.Business risks assessment that may affect company's operational and financial objectives.
3.Verifying & evaluating internal control activities.
4.Testing of controls and identifying weakness in accounting and internal control systems.
5.Reviewing and auditing Financial Statements (balance sheet, income
statement, cash flows, changes in shareholder’s equity… etc.)
Understanding the basis of audit and accounting which aids me in my forward careers