Accounting Supervisor
Almarai Company
Total years of experience :10 years, 10 Months
• Leading a team of 9 Accountants, mentoring and assessing staff performance.
• Mapping and updating of 42 finance procedures and 2 policies of sales finance in order to adapt the best practices, improve the efficiency of business processes and internal controls.
• Reviewing the quarterly audit file in order to validate the financial statement balances to ensure it is in line with the IFRS.
• Travel within Saudi Arabia and other Gulf countries to visit 82 sales depots (dairy, bakery and poultry depots) of the company to perform financial policies & procedure compliance reviews and training of location finance staff on a yearly basis.
• Preparation of management review reports for after completion of compliance reviews; highlighting deviations from established procedure & policies and forwarding recommendations to improve controls and practices at the sales depots.
• Review/prepare of Internal Control Alerts for frauds and incidents along with preventive action and circulate to the management as a part of information sharing across the company.
• Review/Prepare of monthly management reports such as internal control, cash shortage, non compliance notes, fake note, ICA analysis report etc. on a monthly basis for the circulation to the senior and middle management.
• Perform quarterly audits on stocks of various divisions as part of an exercise to verify stock balances against the system balance.
• Planning the objectives to achieve the KPIs and ad hoc assignments with the required time frame.
• Processing of withdrawal applications of Project Management Units
• Assisting Project Officers in field visits of ADB financed projects located in Sri Lanka.
• Validating and processing of project consultants monthly remunerations as per the agreement and liquidation of cash advances taken.
• Assisting in preparation of project completion reports of ADB financed projects submitted by government institutions.
• Prepared, negotiated and obtained approval for the annual budget of the mission which exceeds USD 1 million.
• Managed AR & AP function of the mission. (average administrative expenses
• Prepared and maintained accounting records (Accounts Payable & Receivable) of the mission in the ADB accounting system using the Oracle platform.
• Handled and ensured smooth transition of accounting systems from a customised stand alone system to a centralised oracle based accounting system.
• Prepared and submitted monthly reports to the controllers department in HO.
• Preparation of ad hoc management information for decision making such as cost benefits analysis & feasibility assessment on new office premises.
• Preparation of tax reimbursement (USD 200000) statements and follow up reimbursements from the Ministry of Foreign Affairs.
• Procurement of goods and services as per the guidelines of the Bank.
• Manage and maintain the fleet of the mission and insurance coverage.
• Managed a team of 4 drivers and 5 security staff.
• Handled the building maintenance function of the organisation for over a year in the absence of an assigned staff.
• Evaluate and manage the insurance of the organisation property and vehicle fleet.
• Provided IT support to staff of the mission as an alternate in such as hardware, taking of backups & video conferencing call setups.
• Ensure adequate stock of IT consumables and stationery are available at all times to ensure availability of stock when required.
• Ensure that the organisation fleet is maintained on a timely manner and monitor the usage of taxi by staff and control of issue of vouchers to prevent misuse.
• Responsible for the issuance and collection of Safety and Communication equipment for staff when travelling to high risk areas.
Was responsible for the preparation of cost forecast and monitor with actual cost incurred, handling initial exports of the company and liaising with government departments. business are met under the BOI status.
• Was responsible in analysing and reporting the financial performance of all finance subsidiaries and ensure that the companies are in compliance in accordance with the Central Bank regulation.
• Was a team member assigned by the Chairman to analyse 2 new ventures of the group, namely Ceylinco Grameen and Ceylinco Building Society and report on its performance, systems and controls, customer feedback, services offered and recommendation for improvement.
Special Task/Responsibilities assigned
• Was a team member assigned by the Chairman to analyse 2 new ventures of the group, namely Ceylinco Grameen and Ceylinco Building Society and report on its current performance, systems and controls, feedback from the customers it serves, services offered and recommendation for improvement.
• Was responsible for the follow up of collections from debtors and was part of a team assigned to perform a feasibility study on 2 potential investments of the group.
CIMA (UK) is the world’s largest and leading professional body of management accountants.
