sobhi alshaltoni, Partner

sobhi alshaltoni

Partner

Almanarah Accounting and Financial Consulting

Location
Palestine - Gaza Strip
Education
Master's degree, Accounting and Finance
Experience
18 years, 7 Months

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Work Experience

Total years of experience :18 years, 7 Months

Partner at Almanarah Accounting and Financial Consulting
  • Palestine
  • My current job since September 2014

Open relations with the partners of differential companies in a market and work with them to prepare the internal control system, monitor operation circle, manage fixed assets, audit them works (operating, financing, controlling, and managing). Our team designing the systems of jobs in a market.

Academic Advisor at Ummah University
  • Palestine - Gaza Strip
  • My current job since September 2017

Academic Adviser of Accounting
Specialized Accounting
Nonprofit Organization Accounting
Principles of Accounting
International Accounting
Managerial Accounting
Auditing
Have Experience of analyze statistical in SPSS.
Have experience to prepare the researches.
Professional in Financial Analyses of Vertical, Horizontal and Ratios.
Do comparatives with last years, activity ratios and industrial.
Professional in Budgets.

Chief Accountant at Talal Murtaja and Sons' Co.
  • Palestine
  • My current job since May 2011

Prepare the annual budget. Compare running cost with a budget to check the completeness/ accuracy of the budget. Prepare the monthly accruals. Re-construct the budget by department according to the new organization chart. Make the monthly running costs, identify and analyze gaps to propose the corrective actions. Build the roadmap to achieve the cost reduction objective. Review & update the time-writing & create a procedure to update the managers who is making time-writing. Define a procedure to ensure that the delegation of authority is correctly applied in the company. Timely and accurate reporting to headquarters. Prepare the monthly and annual financial statements. Manage Cash Flow. Manage AR & AP. Improve & Develop Finance Policies & procedures. Finalize the cost center to ensure they are being recorded appropriately on a monthly basis. Supervise accounts reconciliations monthly. Assist in documentation and monitoring of internal controls. Present the Financial Statements and highlight the risk issues. Prepare schedules and other disclosures needed to complete the audit smoothly. Perform internal audits of accounts receivable, fixed assets and making corrected journal entries in assigned areas. Maintain the various ledger accounts including reconciliation of the district general ledger, revenue accounts, expenditures and cash balance. Assure timely collection of money due to corporation. Review accounting documents to ensure accuracy of information and calculations. Review aging reports, receipt register, cash receipts, invoices adjustments, PDCs cheques report, cash income, incomplete transaction report, and unposted items report. Recommend quality improvement of invoicing and collection procedures.

Accountant at Ministry of Finance
  • Palestine - Gaza Strip
  • My current job since January 2012

Accountant at General Administration of General Treasury, under responsibility of: 1. Prepare the governmental cheques, 2. Follow the payment documents with General Budget Administration, 3. Compute the Value Added Tax of Government will receive from leader, 4. Deduct the governmental revenue from any deal to Ministeries, 5. Compute the Income Tax, 6. Prepare Bank reconciliation daily and monthly, 7. Participate in general purchase committee and others.

Senior Accountant at Juma Al Majid Group
  • United Arab Emirates - Dubai
  • August 2007 to December 2010

Prepare the annual budget, Compare running cost with a budget to check the completeness/ accuracy of the budget, Make the monthly running costs, identify and analyze gaps to propose the corrective actions, Prepare the monthly and annual financial statements, Manage Cash Flow, AR & AP, Supervise accounts reconciliations monthly, Perform internal audits of accounts receivable, fixed assets and making corrected journal entries in assigned areas, Maintain the various ledger accounts including reconciliation of the district general ledger, revenue accounts, expenditures and cash balance, Review aging reports, receipt register, cash receipts, invoices adjustments, PDC cheques report, cash income, incomplete transaction report, and unposted items report.

General Accountant at Aldanoob Auto Spare Parts Trading L.L.C.
  • United Arab Emirates - Dubai
  • July 2005 to August 2007

I worked the 1st job in Dubai between July 2005 & August 2007, under responsibility:
Opening the chart of accounts, preparing documents of events, collecting data for these documents, recording, posting and summarizing the data in accounts, preparing the Trial Balance, adjusting wrong transactions, reconciling accounts by use the internal & external sides, closing the period, preparing Income statement, Balance Sheet, Partners' Equity, Cash Flow, Inventory Report, Aging Report of Accounts receivable and classify them under points, analyse information and planning the new period.

Education

Master's degree, Accounting and Finance
  • at Islamic University of Gaza
  • November 2015

The Master research topic is The Factors Affecting The Reliability of Income Tax Inspector on Financial Statements in Gaza Strip - According to Rules of Ethics. A summery: The research objects to measure the influence degrees of the income tax inspector's reliability on the financial statements in Gaza Strip which are prepared by the professional accountant at the perspective of the inspector himself. Accordingly, the concept of the financial statements was identified as well as its significance, objectives, categories used for the disclosures in those statements and features of the main and supportive qualitative information. Thereafter, the research touched upon the following: the rules of ethics of accountants, identifying the concept of income tax, the methods of measuring the taxes, the tax evasion: along with its definition, reasons, and affects, and differentiating between the accounting profit and the taxable profit according to the Palestinian tax law No. 17 for 2004. In order to achieve the goals of the research, the descriptive method was adopted in gathering the secondary data from books, scientific journals and approved previous researches. On the other hand, the analytical method was adopted in gathering the primary data which was done by using a questionnaire of (4) domains. The questionnaires were distributed on the entire research sample which consisted of (50) income tax inspectors in Gaza Strip. (49) i.e. 98% of the distributed questionnaires returned. The results showed that the income tax inspectors' reliability on the financial statements and data decreased with 60% due to the lack of commitment to the professional conduct code and standards by the professional accountants in Gaza Strip. The inspectors' reliability also decreased with 63% due to the professional accountants' lack of integrity element. The reliability was also decreased with 59% due to the lack of objectivity and impartiality of the professional accountants. Their reliability was also decreased with 57% due to not exerting the required professional care by the professional accountant. Recommending raise the professional accountants' awareness towards the code of professional conduct as it contributes to the transparency, straightforwardness, integrity and impartiality of the accountant. And to create auditing and control committees by the Ministry of Finance, the Office of Financial and Administrative Control, and both the Accountants and the Auditors Syndicates in order to supervise the work of the professional accountants. Also to urge the competent authorities to issue accounting and auditing standards as well as creating Palestinian Financial Reporting Standards which suite the Palestinian situation in general and the Gaza Strip situation in particular. And to compulsory limit the relationship of the professional accountant with the client not to exceed 5 years.

Bachelor's degree, Accounting
  • at Islamic University of Gaza
  • June 2005

Specialties & Skills

Auditing
Fund Accounting
Fund Analysis
Cost Accounting
Risk Analysis
Playing Chess
Microsoft Excel
Microsoft Word
Prepare Accounting and Finance Research
Solve Sudoku
Playing Karate

Languages

English
Expert
Arabic
Native Speaker