Chief Accountant
Omni Medical (Atweh & Co.)
Total years of experience :13 years, 4 Months
•Perform financial analysis and reporting to management as needed.
• Perform month-end accounting activities such as reconciliations and journal entries.
• Coordinate with finance team to complete assigned accounting tasks within deadlines.
• Generate financial reports and statements to Managers for review.
• Analyze financial discrepancies and recommend effective resolutions.
• Monitor expenditures, analyze revenues and determine budget variances and report to
management.
• Respond to accounting inquiries from management in a timely fashion.
• Provide guidance to other Accountants when needed.
• Assist in budget preparation and expense management activities for assigned accounts.
• Assist in auditing activities by providing necessary information and preparing requested documentations.
• Monitor and record financial transactions according to company -policies and regulations.
• Assist in formulating the company's future direction and supporting tactical initiatives.
• Oversee the financial operations of subsidiary companies and foreign operations
• Develop, lead and execute purchasing strategies.
• Track and report key functional metrics to reduce expenses and improve effectiveness.
• Craft negotiation strategies and close deals with optimal terms.
• Partner with stakeholders to ensure clear requirements documentation.
• Forecast price and market trends to identify changes of balance in buyer-supplier power.
• Perform cost and scenario analysis, and benchmarking.
• Assess, manage and mitigate risks.
• Seek and partner with reliable vendors and suppliers.
• Determine quantity and timing of deliveries.
• Monitor and forecast upcoming levels of demand.
• Planning delivery timetables.
• Ensuring stores have enough stock.
• Making sure suppliers have enough stock to meet demand.
• Tracking products through depots to make sure they arrive at their destination.
• Overseeing arrival of shipments.
• Prepares financial reports for financial analysis, forecasting, P&L, balance sheet, debtors, creditors, cash-flows, and results analysis.
• Establish charts of accounts, and assign entries to proper accounts.
• Maintain and examine the records of government agencies
• Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting and other tax requirements.
• Prepare forms and manuals for accounting and bookkeeping personnel, and direct their work activities.
• Survey operations to ascertain accounting needs and to recommend, develop, and maintain solutions to business and financial problems.
• Provide internal and external auditing services for the company.
• Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.
• Applies a working knowledge of applicable laws and regulations; verifies documents for completeness and compliance with government and private agencies.
• Accomplishing the income tax declaration at year end.
• Accomplishing the employee’s tax declaration on a quarterly basis.
• Performing the value added tax (VAT) declaration on a quarterly basis
• Lead the work process simplification efforts across Finance and interaction with other functions
• Ensure Finance processes are interact and in line with budgets methodology and accounting principles
• Provide leadership, empower and build the capability staff in the finance team to achieve performance criteria, pave the way for their growth and promotion and ensure adequate succession cover
• Prepares financial business plans and submits them for discussion and approval.
• Participates in the formulation of the financial policies and procedures.
• Provides accurate and timely financial reports and forecasts.
• Provides financial advice on the overall corporate financial position.
• Coordinates and supervises all financial and accounting operations e.g. credits, expenditures, account collection, sales, purchasing etc…
• Ensures effective costing and contribution analysis.
• Ensures accuracy and control in financial practices.
• conducting reviews and evaluations for cost-reduction opportunities;
• Assists in Ensuring proper and healthy cash flow;
• Assists in Developing budgets and forecasts as well as recommendations to improve cash flow
• Strong budgeting/forecasting, analysis and reporting skills
• Strong communication skills and the ability to work with executive levels on a regular basis
• Keeps current of all the new legislations, rules, and regulations set by government (Ministry of finance, Ministry of Labor, etc….
• Conduct financial and accounting analysis, and prepare different reports requested by management
• Supervise the accounting function at the region and coordinate all Financial matters between Finance head office and the regional operations/management