group finance director
Optikos Shami
Total years of experience :27 years, 11 Months
I started as Chief Accountant and I promoted to Finance Manager Since 2007
•Manage 22 Professional Accountants
•Develop reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast
•Insure proper and accurate implementation of the accounting system.
•Monitoring the accounting operation.
•Creating the following new policies:
•Expenses policy.
•Revenues policy
•Fixed Assets policy.
• Deals with the banks and auditor, sales and income tax.
•Make special arrangements with the suppliers, and follow up the collections from the customers.
•Financial statement analysts.
•Profitability studies.
•
Alpha Group (Asria Dairy Company).
Holding & controlling payable Accounts.
•Accounts payable reconciliation
•Aging
•Suppliers negotiation
•Posting suppliers invoices once delivered
•Holding L.C's & Orders
•Costing
•Posting all banks voucher
•Preparation transfers
•Continuation notes payable & Letter of Guarantee's.
•Continuation raw & packing material store
Holding Bank Accounts & Settlements
•Holding Receivable Accounts
•Auditing & making Trial Balance and Balance Sheets Administration of Company Stores.
•Auditing Sales Invoices & Continuation Customers Aging
•Preparation of Payment Vouchers and Checks
•Opening new customers Accounts
•Posting invoices once delivered
•Credit notes for returned goods
•Accounts receivable reconciliation
•Preparation of debit and credit advises
•Matching Bank's deposit slip with Cashier's entry
•Preparation of petty cash replenishment report
•Recording and reconciling accruals
•Preparation of telephone, water, electricity analysis reports
•Preparation of payroll sheet
•Recording of fixed assets
•Calculation of the monthly depreciation expense
•Accounting and monitoring vehicle expenses
•Costing
•Processing the overtime hours in the payroll system
•Preparation of Bank transfer's Letter and checks for SS and IT
•Accounting for Health Insurance
Languages
•Arabic, English