Chief Accountant

• May 2023 - Present

Assistant Finance Manager

• Feb 2021 - May 2023

• Participated in a successful implementation of ERP system for the group. • Work closely with the Federal TAX authority for VAT refund of TAX group members. • Protected the company while concentrating on legal cases and making significant financial savings.• Setting a proper internal control system in the finance department in alignment with AML compliance alongside drafting accounting policies.• Provided Management Information reports such as Cash Flow, Fund Flow, Interim Profit, and Loss Statements, Balance Sheet, Portfolio Reports, liquidity, etc, and reported them to the chief financial officer.• Participated in setting the annual budget of the company and monitoring the actual versus the budget amounts.• Participated in formulating and setting a KPI for a finance team containing 6 members which resulted in increasing the efficiency of the finance team performance by 80% and monitoring performance and managing 3 members. • External audit management with experience in consolidated financials.• Participated in Due diligence audit for valuation purposes.• Participated in bad debt collection issues and succeed in collecting 85% of them amicably.• Managing the escrow account of the projects in alignment with RERA laws and regulations. Show less

Chief Accountant

• Oct 2018 - Feb 2021

• Managed the company's financial accounting, monitoring, and reporting to the Chief financial officer.• Monitored financial transactions, receivables, payables, projected cash, and fund's flows and initiating appropriate retrieval measures if required.• Analyzed & controlled the actual cost of various cost heads of the budgeted cost.• Maintain the relationship with the banks and financial institutions.• Examined budget estimates for completeness, accuracy, and conformance with procedures and regulations.• Managing a team of 3 members. Show less

Senior Accountant

• Nov 2016 - Sep 2018

• Assisted in the preparation of monthly management reports and accompanying schedules, worksheets, and narratives, including budget.• Coordinated and resolved various issues with banks such as cleared check differences, bank fee anomalies and targeted balance calculations.• Preparing reports for VAT and Zakat return filling.• Accounting system transaction entries (General ledger, purchase, invoices, payments, collections, payroll, petty cash).• Assisting the management with assessing the benefits and cost of filling an appeal for Zakat assessment for the previous year's return. Show less

Accountant

• Jul 2015 - Nov 2016

• Worked closely with the finance manager on financial reporting.• Communicated with accounts payable and accounts receivable to reconcile account problems within 48 hours.• Accounting system transaction entries (Journal entries, purchases, invoices, payments, collections, payroll, petty cash).• Related party transactions and reconciliation.

Accountant

• Oct 2013 - Jun 2015

• Maintained accurate invoice summaries and collection records to enhance monitoring of billing and cash inflows alongside daily bank reconciliation. • Participated in preparing a payment plan for accounts receivable and defining the appropriate installment considering the company cash flow. • Participated in issuing accumulated late audited financials of the company for 4 years. • Accounting system transaction entries (journal entries, purchases, invoices, payments, collections, payroll, petty cash). • Drafting and preparing a gross profit report of the company by reporting daily revenue and its direct cost. Show less

Accountant

• Mar 2012 - Jun 2013

• Uploading beginning balance for new ERP system -Oracle- alongside reconciliation with legacy system balances. • Monitor and reconcile for machine & Equipment petty cash custodian and suggest the proper procedure to maintain compliance with company internal policies. • Handling project accounting in terms of journal entries, accounts payable, accounts receivable, employees benefits and payroll. • Reporting a monthly due payment related to the project to the treasury accountant. • Uploading beginning balance for new ERP system -Oracle- alongside reconciliation with legacy system balances. • Monitor and reconcile for machine & Equipment petty cash custodian and suggest the proper procedure to maintain compliance with company internal policies. • Handling project accounting in terms of journal entries, accounts payable, accounts receivable, employees benefits and payroll. • Reporting a monthly due payment related to the project to the treasury accountant.