Experience

Al-Radwan International Group

• Kuwait
• Motor Vehicle Manufacturing
• 1 - 100 Employee

• CHief Accountant

  • Nov 2006 - Present

  •Team Leader of disciplined professionals on various accounting initiatives, costing ,administration and improvements. •Responsible for all areas of full – cycle accounting, including financial statement preparation and financial reporting. •Reconcile GL account balances and reviews balances for validity. •Analyzed variance of expenses and revenues and exiting shops performance. •Participated in monthly financial review meeting with accounting group. •Prepares monthly /quarter/year-end schedules and reports. •Manages and monitors cash flow and treasury activities, including foreign exchange hedging transfers, Stand-by Letters of Credit, Loans and reporting to higher management. •Reconciles and monitors Accounts Payable and ensure accuracy of Cheque, Telex payment transfer against terms of payments, invoice cost, discount and mode of payment • Prepares reconciliation of Royalties against actual goods received, returned and paid to supplier in accordance with agreed terms of Royalty rate. •Monitors cash flow requirement , Forecast sources and uses of Funds, Ensures fund hedging are properly funded prior to its maturity/validity. •Prepares customer and inter-company invoicing and ensures revenue recognition method complies with GAAP. • Prepares and records journal entries including amortization, prepayment and accrual. • Reconciliation of Bank local and foreign accounts , Intercompany Accounts. •Prepares Lapsing schedule of Fixed Assets, and amortization of Fixed Assets. •Acts as team leader on mid-year, year-end and as required by the management and external auditors for spot count of cash on hand, petty cash and stocks on hand. • Administer employees Airfare entitlement, and travelers official trip expenses against entitlement and budgeted per year. •Monitors cost and shops related cost and variances against prior year and yearly budget. Show less