Experience

Farahat & Co.

• United Arab Emirates
• Accounting
• 1 - 100 Employee

• Accountant

  • Mar 2021 - Present

  • Review of Service Contracts with the client and Supervision of Invoicing by the Junior Accountants • Maintained an Accounts Receivable Aging Schedule and following up and collection of the payments thereby. • Maintained schedules to track actual cash position of the company to maintain proper inflow and out flow of funds • Timely communication with the customers over email and phone to ensure that the receivables could be collected on due dates. • Reconciliation of Bank Accounts, Supplier Accounts and Customer Accounts and finding and correcting any discrepancies. • Preparation of Sales Reports, Accounts Receivable Aging Reports, Income Statements, Balance Sheet, Cash Flow Statements and Consolidated Income statement of the companies on monthly basis before the deadlines. • Issuance of warning emails and documents to the customers making delayed payments. • Posting and Recording Sales, Receipts, Cash Payment Vouchers, Cheque Payment Vouchers in Quick Books. Show less



Infotech Electromechanical LLC

• United Arab Emirates
• Oil & Energy
• 1 - 100 Employee

• Senior Accountant

  • Feb 2019 - Sep 2020

  Infotech Group of companies consists of four different individual entities. 1.Infotech Electromechanical L.L.C: MEP, sub-contracting works. 2.Infotech for Employment sole proprietorship L.L.C: Recruitment and employment services. 3.Motor Way General Transport Est: Rental Services light vehicles and Heavy equipment on an hourly/monthly basis to the construction sites and oil fields. 4.Motor Way Passengers Transportation Via rented buses: Rental Services of13 Seaters, 33 Seaters, and 66 Seaters Buses. JOB RESPONSIBILITIES • Set up and improved accounting systems and processes to meet business needs and maximize the effectiveness of operations. • Calculated VAT, prepared and submitted returns, and upheld compliance with all applicable laws for the 4 Tax Groups. • Prepared various comparative and consolidated Income statements and Balance Sheets in compliance with IFRS on monthly basis to assess the financial position and the net profit gained by the company during the various periods. • Prepared Cash flow statement and Cash flow projections for consecutive months to arrange, manage and utilize the available funds effectively. • Reviewed budgets, including capital appropriations and operating budgets, and communicated findings to senior management. • Generated Accounts receivable summary and detailed statement of accounts to chase and collect the over due amount. • Handled Cash Payments, Cheque Payments, and wired transactions. • Handled Supplier payments for the group of companies. • Tracked and documented all expenses. • Reviewed documents and accounts for discrepancies and resolved variances. • Supported monthly general ledger closing activities, including preparing journal entries and reconciliations. • Processed monthly Payroll for 7 companies under Infotech Group. • Reconciled related party accounts and created documents for monthly closure procedures. Show less



EVAS International

• United Arab Emirates
• Accounting
• 1 - 100 Employee

• Accounts Supervisor Cum Audit Assistant

  • Dec 2014 - Feb 2019

  Working with a team of proven professional accountants providing various kinds of accounting, auditing and legal service all over the United Arab Emirates. • Reviewed and assessed accounting systems and business controls. • Inspected general ledger for accuracy. • Recommended changes in internal audit controls. • Performed strategic planning, execution, and finalization of audits. • Prepared working papers, reports, and supporting documentation for audit findings. • Developed an auditing program to address risks and evaluate regulatory requirements. • Analyzed accounting systems for efficiency and effectiveness. • Produced and reviewed audit reports for submission to the inspector general and advised inspector general on audit recommendations and internal controls. • Identified various risks and errors in accounts to propose corrective action to client management. • Worked audit engagements for a wide variety of industries, including engineering, manufacturing, non-profit and human resources. • Assessed financial statements and records. • Interacted with key client management to gather information, resolve audit-related problems and make recommendations for business and process improvements. • Analyzed trends over monthly, quarterly, and annual financial data to investigate fluctuations. • Performed extensive assessments of accounts, including payables and receivables, equity, debt, and revenue to verify accuracy in financial reports. • Reviewed accounting clients' financial data systems to determine functional compliance. • Managed internal controls and assessed risks of technology network by performing information system audits of each division. • Identified audit risks, prepared budgets, and coordinated with management and audit team in preparing related reports. Show less



Safari Co Ltd. Riyadh

• Retail
• 100 - 200 Employee

• Accounts Payable Clerk

  • Nov 2014 - Nov 2016

  • Kept vendor files accurate and up-to-date to expedite payment processing. • Generated accounts payable reports for management review to aid in financial and business decision making. • Disbursed petty cash by recording entries and verifying documentation. • Verified vendor accounts by reconciling monthly statements and related transactions. • Paid vendors by monitoring discount opportunities and paid employees by receiving and verifying expense reports. • Applied mathematical abilities on daily basis to calculate and check figures in all areas of accounting systems. • Reconciled account information and reported figures in the general ledger by comparing to bank account statement each month. • Reported financial data and updated financial records in ledgers and journals. • Calculated payroll deductions by accurately using MENA PAY and processed payroll to meet preset requirements. • Managed payroll data entry and processing for 3500 employees to comply with predetermined company guidelines. Show less