Experience

IBRAHIM ALQURASHI PERFUMES

• Saudi Arabia
• Personal Care Product Manufacturing
• 100 - 200 Employee

• Accounting Manager UAE & Oman

  • Oct 2018 - Present

  United Arab Emirates •Responsible for day to day finance and accounts operations. •Startup Oracle Cloud – Fusion financial activities. •Handle full spectrum of financial modules in Oracle Fusion cost /cash management, AR, AP, GL, Inventory, fixed assets, budgeting etc. •Responsible for day to day finance and accounts operations. •Ensure that appropriate financial regulation and controls are always in place and in use. •Prepare and review detailed budgets for approval by the board. •Make regular… Show more •Responsible for day to day finance and accounts operations. •Startup Oracle Cloud – Fusion financial activities. •Handle full spectrum of financial modules in Oracle Fusion cost /cash management, AR, AP, GL, Inventory, fixed assets, budgeting etc. •Responsible for day to day finance and accounts operations. •Ensure that appropriate financial regulation and controls are always in place and in use. •Prepare and review detailed budgets for approval by the board. •Make regular reports to the board on income, expenditure, and any variations from budgets. •Overview of policies and procedures & SOP. •Reviews accounts payable documents for completeness and compliance with policy, and comments on exceptions before forwarding to director for payment authorization. •Ensures accurate and timely payment to suppliers, contractors etc. as per terms of contract and all supporting documents. •Provides inputs for the budget, prepares management reports and data as required, and contributes to formulation of policies and procedures for the department and the function. •Leads an annual physical inventory exercise on all branches. •Perform full set of accounts and ensure timely closing of accounts. •Perform project cost forecasts/budgets, cost tracking, monitoring and controls. •Responsible for timely monthly consolidated financial statements, payments, cash-flow. •Performs required tasks related to quarterly filing of Value Added Tax (VAT) return before submission to UAE Federal Tax Authority. •Using Oracle-Fusion BI report, Analysis, and data model to develop, maintain, enhance, and create new reports that useful to the end users. Show less



Cosmotrade Group Inc -Qatar

• Finance Manager

  • Dec 2014 - Aug 2018

  Doha, Qatar * Ensure timely and accurate recording, preparation and submission of periodic financial. reports/returns/summaries etc. to enable the station transactions to be systematically recorded in the Company’s main accounting and reporting to HO. * Ensure that credit control functions are effectively carried out. Manage the Company debtors continuously analyzing, identifying and covering credit risk so that revenues are maximized without jeopardizing the Company receivables. Ensure timely follow up… Show more * Ensure timely and accurate recording, preparation and submission of periodic financial. reports/returns/summaries etc. to enable the station transactions to be systematically recorded in the Company’s main accounting and reporting to HO. * Ensure that credit control functions are effectively carried out. Manage the Company debtors continuously analyzing, identifying and covering credit risk so that revenues are maximized without jeopardizing the Company receivables. Ensure timely follow up and recovery of all debts including under collection so that all dues are recovered within the credit period allowed by the Company. * Ensure that local sales reporting by agents are both timely and complete so that the amounts due to the Company are correctly ascertained and sales returns are reported to HO for revenue accounting. * Ensure proper screening and processing of invoices/claims so that amounts due to the Company’s creditors are correctly paid either directly from HO or EK Finance in a timely manner. * Assist Country Manager/ VP in providing information for budgeting and budgetary controls to enable him to exercise effective Control over his departmental budgets Analyze revenue trends and highlight exceptions to management. * Submit special reports/recommendations to HO on significant developments affecting the Company’s financials so that necessary steps can be taken in co-ordination with the HO for proper handling of such developments. * Review financial systems and procedures being applied at the station and recommend changes or automation proposals wherever feasible for effective controls. * Implement adequate controls on Company assets (including verification, insurance, custodianship, authorized utilization and proper maintenance) to ensure that they are safeguarded. * Conduct staff performance review & KPI in line with Performance matters i.e. setting objectives and discussing development plan and conducting an Interim review before the final annual review Show less



Private Engineering Office Qatar

• Sr.Finance Officer

  • Sep 2013 - Nov 2014

  Doha, Qatar Analytical reporting of Accounts Payable activities to senior management as a part of Accounts Payable team dashboard. Monitor the team KPI in terms of benchmarking. Assess the current process and recommend for process and system efficiencies. Supervise and ensure to keep the cost of processing invoices to the optimum level. Initiate invoice consolidation process for suppliers with huge volumes of transactions. Develop processes and implement electronic invoicing. Supervise… Show more Analytical reporting of Accounts Payable activities to senior management as a part of Accounts Payable team dashboard. Monitor the team KPI in terms of benchmarking. Assess the current process and recommend for process and system efficiencies. Supervise and ensure to keep the cost of processing invoices to the optimum level. Initiate invoice consolidation process for suppliers with huge volumes of transactions. Develop processes and implement electronic invoicing. Supervise and manage all suppliers invoice processing till it’s paid and supervise staff claim process and ensure payment as per company policy and procedures. Provide adhoc reports to management. Manage the audit queries relating to supplier and staff payments. Ensure payments are made timely as per agreed payment cycle. Highlight issues identify and take necessary action. Ensure all rejected payments are processed immediately. Respond to all addressed queries within 2 working days. Ensure to have a clear follow-up action. Supervising the accounting, reconciliation of all the relevant balance sheet accounts and take appropriate steps to clear un reconciled or aged transactions. Show less



Qatar Airways

• Qatar
• Airlines and Aviation
• 700 & Above Employee

• Finance Supervisor -ERP

  • Jul 2012 - Oct 2013

  Qatar * Overseeing functionality of Oracle Financial Enterprise Resource Planning System (ERP) with specific focus on Accounts Payable (AP), Purchase Order (PO) and Inventory (INV) modules. * Troubleshooting and interacting with various ERP users in Headquarter (HQ) Finance and in Finance Subsidiaries. * Ensuring appropriate processes and controls are introduced to proactively manage different issues that could come up related to ERP system. * Testing of solutions received from Oracle and… Show more * Overseeing functionality of Oracle Financial Enterprise Resource Planning System (ERP) with specific focus on Accounts Payable (AP), Purchase Order (PO) and Inventory (INV) modules. * Troubleshooting and interacting with various ERP users in Headquarter (HQ) Finance and in Finance Subsidiaries. * Ensuring appropriate processes and controls are introduced to proactively manage different issues that could come up related to ERP system. * Testing of solutions received from Oracle and coordinating with IT to get them implemented. * Supporting IT with application upgrades and coordinating with IT to resolve Oracle Financial issues. * Support and coordinate period closing activities for both HQ Finance and Finance Subsidiary teams which involves system closing of AP, PO, and INV modules. * Implementing of system process and/or report improvements as needed. *Ensuring integrity of 3rd. party systems with Oracle, including interface, data check, etc. Oracle overview staff training at HQ and outstation. Projects & Achievements : * Oracle Accounts Payable invoice workflow approval. * Archive Documents through eDoc’s system. * Country Profile dictionary for finance outstation Dept. * Implementing and rollout PO for outstation (around 100 stations). * Automation of Printing checks at several stations.

• Sr.Finance Assistant - Outstation Doha

  • Jun 2011 - Jul 2012

  Doha •Checking & Reviewing Outstations Monthly Oracle Calendarised reports , Cost Center, reconciliation & ensuring their accuracy. •Review monthly Trial Balance details & ensuring no accounting errors are there. •Monthly closing of GL, AP, AR in Oracle by 7th of each month and subsequent review of station (s) trial balance. •Review stations Cash outflow Statement. •Review and monitor Contracts Database for all Stations. •Review Direct Operational Cost Accruals vs. Actual… Show more •Checking & Reviewing Outstations Monthly Oracle Calendarised reports , Cost Center, reconciliation & ensuring their accuracy. •Review monthly Trial Balance details & ensuring no accounting errors are there. •Monthly closing of GL, AP, AR in Oracle by 7th of each month and subsequent review of station (s) trial balance. •Review stations Cash outflow Statement. •Review and monitor Contracts Database for all Stations. •Review Direct Operational Cost Accruals vs. Actual costs. •Budgeting Cost review and submit monthly reports with reasons on variances. •Review Aging ICH & AP Aging & AR Aging Reports. •Regular internal check, staff training, feed back with recommendation for solving raised issues. •Ensure that all Finance outstation adherence to company policies & IAPs. •Verify entries by generating Monthly Staff Ledger Details Report and ensure that allocated to the relevant oracle account as per QR narration. •Monitor monthly accruals for stations. •Review Internal Audit report for all outstation and follow up to close the gap. •Ensure that financial reporting is done timely and related information is accurate and reliable. •Ensure that assets are adequately safeguarded. •Ensure that applicable laws and regulations(as represented by station management ) are complied with.

• Station Finance In Charage - Libya

  • Jan 2012 - May 2012

  Doha, Qatar * Duty travel to Libya during unrest situation to provide full support in both stations Tripoli & Benghazi. * Managing & reviewing process Finance cell at the station to meet HO targets on monthly closing, Submit GL reconciliation / revenue reports and fixed asset confirmation Oracle financials and . Monthly Test checks Bills / sales reports. * Prepare/Review Annual Budgets. * Adherence Local laws and regulations relating to Taxes, VAT, Payroll and other applicable matters. *… Show more * Duty travel to Libya during unrest situation to provide full support in both stations Tripoli & Benghazi. * Managing & reviewing process Finance cell at the station to meet HO targets on monthly closing, Submit GL reconciliation / revenue reports and fixed asset confirmation Oracle financials and . Monthly Test checks Bills / sales reports. * Prepare/Review Annual Budgets. * Adherence Local laws and regulations relating to Taxes, VAT, Payroll and other applicable matters. * Review /update suppliers contracts database * Agreements Finalization of local agreements Such as handling, catering, Crew accommodation, credit card. * Reviewing the customer aging & Supplier aging, cash flow, cost centre report and calendarize report. * Prepare the monthly payroll for the local station during the unrest situation in Tripoli. Highlight on inquires and follow up with SGS to close the issues that lying in the customer outstanding report. * Responsible for delivering all financial reporting responsibilities of the station, robust controls and adherence to Corporate Policy. * Revenue collections and control capital and operating expenses to be within the approved budget limits for the Country. * Participate in the budget preparations for all areas of the business (Finance, Commercial & Ground service) to ensure that budget proposals are on a realistic basis. Ensuring receivables are collected on time and payables are paid timely with no penalties. Achievements: * Funds repatriation from Tripoli to HQ during unrest situation. * Cleaning the long outstanding that lying on the customer aging report.



Qatar Airways

• Qatar
• Airlines and Aviation
• 700 & Above Employee

• Fianance Assistant -Regional Office - Egypt

  • Sep 2008 - May 2011

  Egypt • Invoice accounting in Oracle with proper accounting codes. • Verification of invoices as per PO/Contract in compliance with finance policies. • Interact with user departments to resolve queries for invoices. • Reconciliation of GL accounts and preparation of monthly schedules. • Reconciliation of supplier/vendor accounts. • Preparation of payment analysis & contract synopsis. • Issue CHQS to suppliers before due date after confirming the correctness. • Handling social… Show more • Invoice accounting in Oracle with proper accounting codes. • Verification of invoices as per PO/Contract in compliance with finance policies. • Interact with user departments to resolve queries for invoices. • Reconciliation of GL accounts and preparation of monthly schedules. • Reconciliation of supplier/vendor accounts. • Preparation of payment analysis & contract synopsis. • Issue CHQS to suppliers before due date after confirming the correctness. • Handling social tax insurance including forms 1, 2 & 6 as per Egyptian Labor low to avoid any penalty. • Preparing withholding tax Report form 41 as per Egyptian Low. • Post Journal Entries in oracle GL Module. • Monitor AP aging Report & AR, write off, receipt, credit Memo, Set off. • Assist in GL reconciliations & monthly accruals. • Assist with the preparation of other reports provided to management. • Bank reconciliation for disbursement & Collection accounts. • AR Invoices, credit Memo, Receipts, Set off. • Assist in preparing annual Operating & Capital expenditure budgets and periodic review of variance. • Fixed Assets (Purchases & Disposal), counted physical assets and confirmed to HO, obtain bid from staff or other external parties in order to choose the best price for buying the assets, Ensure the all fixed assets was retired from the FAR. • Daily assistance with other stations (LXR, ALY, ALG, TUN, CMM, TIP and KRT). •Supervise & monitoring AR/AP/GL of outstations & help, guide and advice outstation colleagues on accounting issues. •Petty cash custodian. Monitor & Control daily petty cash expenditure. •Purchasing, Obtaining regular offers from suppliers to choose the best quotation. •Oracle developer 10g. (Helping outstations for uploading huge data to the system in one go). •Perform trial balance review, budgeting preparation and monitor the cost center report variances. Show less



GB Corp

• Egypt
• Motor Vehicle Manufacturing
• 700 & Above Employee

• BANKING ACCOUNTANT

  • Aug 2007 - Sep 2008

  •Record the bank transaction related to transfers between bank accounts, debit and credit. •Interest, monthly bank charges, creation of deposit payment of loans. •Download bank statement from bank online systems to Oracle on a daily base for reconciliation. •Reconcile assigned bank statements to corresponding general ledger accounts. •Research and resolve all outstanding reconciling items. •Properly document all reconciliation actions with appropriate support included… Show more •Record the bank transaction related to transfers between bank accounts, debit and credit. •Interest, monthly bank charges, creation of deposit payment of loans. •Download bank statement from bank online systems to Oracle on a daily base for reconciliation. •Reconcile assigned bank statements to corresponding general ledger accounts. •Research and resolve all outstanding reconciling items. •Properly document all reconciliation actions with appropriate support included. •Prepare refund and miscellaneous deposits for bank. •Maintain proper communication with banks. •Have experience with ERP systems. •Bank Reconciliation •Accounts Payable under Oracle E-business suite Show less



HARTMANN GROUP

• Germany
• Medical Equipment Manufacturing
• 700 & Above Employee

• EGYPT - ACCOUNTS RECEIVABLE

  • Feb 2002 - Aug 2007

  Internal auditing for the Accounts Receivables department under Oracle software Daily and Monthly duties: Management Reporting- Stock Control – Customer Returns Accounts Receivable. Final inventory and cost of sales monthly reports Developing and building customized reports related to oracle applications using oracle tools - Solving, troubleshooting and following up problems and requests according to users and business Needs. - Cooperating with the team members to workout… Show more Internal auditing for the Accounts Receivables department under Oracle software Daily and Monthly duties: Management Reporting- Stock Control – Customer Returns Accounts Receivable. Final inventory and cost of sales monthly reports Developing and building customized reports related to oracle applications using oracle tools - Solving, troubleshooting and following up problems and requests according to users and business Needs. - Cooperating with the team members to workout functionality requirements of the assigned Applications. Show less



EVA pharma

• Egypt
• Pharmaceutical Manufacturing
• 700 & Above Employee

• ACCOUNTANT - AR

  • Dec 1999 - Jan 2002

  Accounts Receivables - Monitoring collections debts & aging analysis. - Handling all transactions related to Accounts Receivables