Waleed Al Shafai, Financial Accounting Manager

Waleed Al Shafai

Financial Accounting Manager

Aspire Zone Foundation

Location
Qatar - Doha
Education
Bachelor's degree, Accounting
Experience
19 years, 7 Months

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Work Experience

Total years of experience :19 years, 7 Months

Financial Accounting Manager at Aspire Zone Foundation
  • Qatar - Doha
  • My current job since June 2021

Prepare audit work plans, co-ordinate with auditors, manage the compliance of statutory audit requirements, review year end audit schedules finalization for all balance sheet accounts and relevant P&L accounts
Provide the general status of accounting throughout the organization based on general ledger consolidation, in order to maintain accuracy and alignment with policies, procedures and timetables
Manage corporate financial accounting and perform analytical review of major income, expenses and exceptions in order to ensure that the monthly accounts are closed and submitted on a timely basis and management is provided with adequate financial data and analysis to make informed decisions
Ensure the preparation of required regular reports of liquidity, profit and loss, debtors/creditors, capital expenditure, including the preparation of related management information material
Manage the day-to-day operations by providing expertise, encouraging and ensuring teamwork, and aligning work processes in order to achieve high performance standards, meet established budgets and objectives, and ensure employee engagement in a motivated work environment
In conjunction with and as required by Upper Management, contribute to the formulation and implementation of AZF’s strategy in line with AZF’s vision and mission

Financial Accounting Lead at Aspire Zone Foundation
  • Qatar - Doha
  • September 2020 to May 2021

Ensure that the teams of Accounts Payable, General Ledger, and Fixed Assets, operates effectively and maintains service level agreements
Verify that transactions comply with financial policies and procedures
Responsible for the record and analysis of Accounts Payable, Investments, Affiliate Accounts, Inter-company Accounts and Net Income Statements
Coordinate all statutory reporting requirements for year-end closing
Interact with internal and external auditors and participate in occasional auditing projects or provides information and access to accounting records as required

Senior Accounts Payable Officer at Aspire Zone Foundation
  • Qatar - Doha
  • September 2011 to August 2020

Lead and manage the accounts payable team and support employees at all levels to oversee
financial transaction processing including the purchase to payment process, payroll, and audits
Coordinate with other internal departments and external governmental entities to ensure
timely payment of invoices and expenses
Perform functional associated with monthly financial closing and month end accruals for
accounts payable module
Prepare periodic reports for the management that to cover expense analysis (actual vs
budget), payments history, cash forecast, and the departmental on going enhancements status

Payroll Officer at Aspire Zone Foundation
  • Qatar - Doha
  • October 2008 to August 2011

Performed a variety of complex accounting duties in the preparation, processing, maintenance of payroll and benefit calculations
Collect, analyze, update and reconcile payroll and benefit data
Review timesheet and other records for days\hours worked, and calculate and record salary adjustments as necessary

Administrative Analyst at Qatar Authority for Charitable Activities
  • Qatar - Doha
  • September 2004 to October 2008

Provide professional assistance to Head of HR and Administration in handling all personnel
relation and administrative activities
Process personnel remunerations and benefits

Education

Bachelor's degree, Accounting
  • at Dalhousie University
  • May 2015

Diploma, Business Administration - Accounting
  • at College of the North Atlantic
  • June 2008

Specialties & Skills

Oracle ERP
MIS Reporting
External Audit
Monthly Closing
Cash Flow Management
ACCOUNTANCY
ACCOUNTS PAYABLE
ACCRUALS
ADMINISTRATION
BUDGETING
CLOSING
FUNCTIONAL
LOGISTICS
PAYROLL PROCESSING
TRANSACTION PROCESSING

Languages

Arabic
Native Speaker
English
Expert

Training and Certifications

IFRS Update (Training)
Training Institute:
Milestone
Governmental Accounting (Training)
Training Institute:
Ministry of Administrative Development
Accounts Payable Best Practices (Training)
Training Institute:
Meric
CMA Part 1 & 2 (Training)
Training Institute:
Qatar University

Hobbies

  • Web surfing
  • Camping
  • Soccer