Accounting Manager Jordan, Saudi Arabia, Egypt
TechKnowledge GT LLC
Total years of experience :12 years, 6 Months
• Manage the financial departments for the company branches in Jordan, KSA and Egypt and lead the accounting team in those countries
• Preparation of Monthly, quarterly and year-end financial reports that includes but not limited Profit & Loss, Balance Sheet, Sales Tax Return, WHT Return, VAT Return, Income Tax Return, Zakat Return and Statement of Cash Flows for branches (Jordan, KSA and Egypt)
• Controlling the GL; Coordinating with Auditors to finalize the annual accounts according to IFRS.
• Analyze financial statements, revenues and expenses to pinpoint potential weak areas and to meet Government and Taxes authorities required based on standards
• Ensure compliances with laws of land in the company operate business
• Ensure safe record keeping and book keeping systems are maintained in
accordance with generally accepted accounting and auditing standards
• Following up the collection for KSA, Levant and North Africa
• Ensure that financial schedules and reconciliations such as the following are prepared for financial closing:
• Prepaid Expenses, Deposits, and Accrued Expenses
• Sales and Collection
• Provisions for Sales and overriding commission
• Fixed Assets and Depreciation
• Employee Benefits such as Leave Salary, Leave Passage and Gratuity or End of Service
• Bank reconciliation statements
• Reconciliation of inter-company accounts
• Monitoring Budget and Forecasting
• Plan, coordinate and execute interim and annual financial audit.
• Manages Cash Flows on daily basis considering cash inflows/outflows, in- transits, expected receipts and payments.
• Prepares monthly payroll, calculate staff sales commissions based on collections, consultant’s reimbursement of travel expenses and payroll deductions, if any.
• Supporting the Director of Finance for the updated reports and updated declarations of Taxes and Zakat and SST.
• And any other responsibilities being requested by the Management.
• Organize financial department and build the main structure for that
• Develop the operation system to ERP system with matching the financial operations on ERP system
• Develop the financial operations work flow
• Manage the exchange rate for all transaction between vendor and customer
• Processing the accounting operations per day such as sales, expenses and salaries
• Auditing at the all financial transaction for branches on KSA and Jordan to confirmation and finally approval.
• Organize all financial transaction with vendors at Europe, USA and Australia
• Organize all financial transactions with more than 120 vendors on worldwide
• Establish the financial reports under IFRS standards
• Develop and maintain the integrity of the financial reporting process and financial controls.
• Manage the preparation and distribution of internal financial statements and reports, maintaining the highest quality, reliability and accuracy.
• Manage monthly closing process, including reconciliations and analysis of related accounts
• Reconcile banks statement every day
• Manage more than 15 employees, 3 from them accountants
• Organize HR department
• Use customize ERP system and Quickbook software
• Processing the products cost by Process costing as the cost accumulation method
• Allocate Overhead accounts by ABC method
• Processing the accounting operations per day such as sales, expenses and payroll
• Reconcile banks statement, Vendor and Customer.
• Follow up prices of Raw material on market
• Manage more than 50 Employees
• Manage daily activities for Accounting, Accounts Payables, Cost Accounting and Treasury.
• Manage the preparation and distribution of internal financial statements and reports, maintaining the highest quality, reliability and accuracy.
• Manage monthly closing process, including reconciliations and analysis of related accounts.
• Coordinate the Company's annual audit with the independent auditors
• Develop and maintain the integrity of the financial reporting process and financial controls.
• Maintain and strengthen internal controls over financial reporting
• Follow up the buying and selling operations
• Use Quickbook and Falcon as the accounting software
• Prepare sales tax report
• Processing the accounting operations per day such as sales, expenses and payroll
• Follow up the buying and selling operations
• Use Quickbook as the accounting software
• Follow up customs clearance for cars sold
Checking the correctness of all the daily transaction entered in the system. Managing Accounts Payable & Accounts Receivables