Senior Accountant
HI PROF General Trading & Contracting
Total years of experience :6 years, 5 Months
(Owns a large fleet of heavy and earth moving equipment in line with Kuwait National Petroleum Co. (KNPC) & Kuwait Oil Company (KOC)).
Job Responsibilities:
• Analyze AP-AR to monitoring outstanding collection or delayed payments and any other irregularities to ensure compliance of outstanding balances meeting company set guidelines.
• Prepare bank reconciliation & any remittances periodically.
• Oversee the registration processes in AP and approve payment orders in a timely manner as per bank position.
• Payout accrued salaries via NBK online salary portal.
• Participate in the development and monitoring of budgets allocated by contract.
• Analyze profitability project wise.
• Analyze revenues and expenses to ensure they are recorded appropriately on a monthly basis then Post-closing JV’s as accruals, provisions & prepaid for monthly close procedures to present monthly trail balance.
• Prepare declaration report at the end of period to KNF & KPMG.
(The only Pet Preform & HDPE Manufacturing facility in Kuwait & the fastest growing in the region)
Job Responsibilities:
• Conduct bank/cash reconciliations and ensure the consistency of physical data and data in the system.
• Maintain insurance policies tracker, communicate with insurance committee, prepare monetary claims & follow financial compensation Reconciliations.
• Create and maintain a complete list of fixed asset information including updated information of classification and transfers.
• Post all JV's related fixed asset & depreciation entries.
• Process employee and supplier/customer advance payments and ensure the matching of payments with related transactions.
• Follow up and post supplier/customer vouchers/invoices for payments/collections and credit/debit notes.
• Maintain balance confirmation for customer & supplier, foreign & local to match statement of accounts.
• Prepare monthly declaration report for The Arab Investment and Export Credit Guarantee Corp (Belong to LAS).
• Assist with analyzing Trail Balance on a monthly basis and report updated trend regarding inventories, Sales & other efficiency measures.
(Multinational Retail Company, 24 M. Sq. Ft of retail space, + 50, 000 employees, Oracle R12, Lotus)
Job Responsibilities:
• Booking invoices & analyzing on AP Oracle system cost center wise
• Prepare cheques & TT for all supplier Payments
• Process monthly salaries, incentive & final settlements payments.
• Create Term Deposit, Action on Renewal & Maturity.
• Reconcile Intra-company accounts.
• Reconcile vendors’ statements monthly.
• Assist preparing quarterly form 41 Withholding Tax and monthly form 10 Sales Tax.
• Giving hand in Audit.
• Attend & control stock take & checking damages at Warehouse & stores.
Real estate investment Company, +10 Projects, +3000 Employees.
Job Responsibilities:
• Compile and analyze staff petty cash (Purchase department - Legal department) to book JV’s as per cost center.
• Receive vendors’ invoices & book the same on the system after required signatures.
• Follow up, analyze and reconcile accounts payable & staff PC / deductions periodically and report if any discrepancies found.
• Monitor Accounts Payables report on a regular interval to identify payments and disbursement schedule to be made.
• Perform inspection for petty cash documents, cash in safe, notes payable & notes receivable & report to finance manager.
• Review payroll activities of HR department for calculating the remuneration with related payments and deductions for work done and ensure the accuracy of payroll.
• Participate in periodic and annual closing activities.
Bachelor's Degree in Accounting – English Section (2005 – 2009 / Cairo) Faculty of Business Administration Modern Academy for Computer Science and Management Technology
High school
