Senior accountant
Arab Alliance Co
Total years of experience :14 years, 11 Months
Conducted day-to-day bookkeeping thorough reviews of accounting records to ensure accurate financial management and thepreparation of precise financial statements and reports. Implemented and enforced cost-finding, reporting, and internal control procedures to optimize financial operations. Maintained impeccable financial records and balanced multiple accounts using both manual and computerized bookkeeping systems. Calculated and issued checks for payrolls, utility bills, taxes, and other expenses to ensure prompt and accurate payments, preparing of payment claims and outgoing invoices. Assisted in the creation of monthly management accounts, variance analysis, and end-of-year forecasts, providing valuable insights into financial decision-making. Led the production of monthly bank reconciliation statements to guarantee precise financial reporting and compliance with regulatory requirements. Collaborated with external auditors to facilitate statutory audit requirements, providing necessary documentation and support. Perform various GL month-end close activities, including preparation of journal entries, accruals, prepaids, account analysis and help in resolving accounting issues.
•Maintained comprehensive records of fixed assets to support accurate financial tracking and management.
•Assisted in finalizing monthly financial statements and performed the consolidation of monthly financials.Assisted in the preparation of the annual budget and provided support for quarterly board review meetings. Prepared VAT Return information and documents.
Managed cash and petty cash adjustments and retrievals Prepared monthly bank reconciliation statements and maintained the general ledger through posting entries as required. Assist in preparing comprehensive financial reports to facilitate informed project decision -making. Monitored and collected Accounts Receivable while coordinating with external auditors for statutory audit requirements. Filing and archiving of documentation to facilitate easyretrieval at a later date Facilitated and executed month-end procedures, including the preparation and maintenance of staff salaries and staff loans. Prepared and meticulously reviewed budgets, revenue, expenses, payroll entries, invoices, and other accounting documents in close collaboration with the Finance manager to generate comprehensive monthly, quarterly, and yearly reports. Recorded and applied cash accurately, effectively managed outstanding invoices, and directly communicated with customers to resolve collection matters and disputes. Track project expenses and revenue, ensuring precise billing and invoicing. Work experience compliance with organizational policies and procedures.
Demonstrated ownership of cash receipts and conducted regular reconciliations to ensure accuracy and compliance. Managed and maintained material and stocked product inventory, including stock profiles and locations, and controlled perpetual inventory stock counting to ensure inventory accuracy. Minimized overstocks and removed obsolete/redundant raw materials to maximize the availability of working capital. Ensured incoming products were receipted and managed appropriately according to company procedure. Provided routine management information on inventory performance to enable informed decision-making. Accounted for and maintained petty cash transactions, analyzing petty cash expenses and keeping accurate bookkeeping records with supporting documentation. Managed and recorded all bank payments and receipts, preparing bank reconciliation reports and outstanding PDC lists.