Accounting Manager
Al Sagr Cooperative Insurance Company
Total years of experience :24 years, 4 Months
1) Establishes systems controls and procedures for financial and accounting systems to achieve corporate objectives.
2) Designs, manages and monitors reporting systems to all departments and to aid management decision in achievement of stated objectives.
3) Prepare statements and reports of estimated future costs and revenue.
4) Oversee bank work regarding documents, inward/outward remittances etc.
5) Directs internal audits involving review of accounting and Coordinates preparation for external audits and external financial reporting.
6) Representing the company with various regulatory bodies in KSA (SAMA - CCHI - Tadawul - CMA).
7) SAMA prudential reports (Monthly - Quarterly - Annual).
8) Tadawul (Financial statements - Announcements) (Quarterly - Annual).
9) CCHI Annual reports.
10) Investment portfolio.
11) Reinsurance allocation (Treaty - XOL - FAC).
12) Credit control
13) Budgeting.
1) Handling Payroll section.
2) Handling all accounting procedures from journal vouchers to the balance sheet.
3) Preparing financial reports and Coordinating with the external auditors for interim and final audit.
5) Preparing monthly claims paid report.
6) Preparing reinsurance report for all claims paid.
7) Preparing production reports.
8) Handling cash, bank accounts, and banks reconciliations.
9) Processing all payments (Cheques, Transfers, and Drafts).
10) All works related to Saudi Next care and GlobeMed (TPAs).
11) Auditing all addition and deletion requests received from the customers.
12) Auditing all refund premiums and reimbursement claims.
13) Monthly management reports (production, claims, POS production, deletions report, biggest claims by policies-group, biggest claims by patient-group, biggest claims by patient-individual, biggest claims by nationality-group & individual, loss ratio report)
14) All provider’s reconciliations.
15) On line transfers for all providers.
16) TPA fees reconciliations.
17) Processing all government payments (Iqama renewal, Exit & Reentry visas, ..Etc.)
18) Controlling accounts receivables, accounts payables.
19) Preparing expenses analysis sheet on a monthly basis.
20) Preparing monthly tax reports to department of zakat & income tax.
21) Preparing monthly GOSI (general organization for social insurance).
1) Handling all accounting procedures from journal vouchers to the annual budget.
2) Reporting various reports to top management.
3) Preparing monthly payroll.
4) Processing all payments (Cheques, Transfers, Drafts).
5) Handling cash, banks accounts, banks reconciliations.
1) Handling cash, banks accounts, banks reconciliations.
2) Controlling purchases and purchases return.
3) Processing all payments (Cheques, Transfers, Drafts).
Certificate: .IOB Certfied - IFCE (Insurance Foundation Certificate Exam)