Chief Accountant - Sidra Rahal CO - Saudi Arabia
(2024-03 - 2026-08)
A leading Saudi company in the manufacturing of Eastern and Western sweets and distinguished in the field of bakeries with numerous branches.
- Lead finance and accounting operations while ensuring compliance with IFRS, SOCPA, and VAT regulations.
- Developed financial policies, internal controls, and governance procedures to strengthen financial discipline.
- Implemented and managed the complete accounting cycle through Daftra ERP.
- Directed financial reporting, budgeting, treasury, and cash flow management.
- Managed General Ledger, AP, AR, Fixed Assets, and banking operations.
- Delivered financial analysis and management reports supporting executive decision-making.
- Supervised finance operations and continuously improved accounting processes.
- Prepare and analyze monthly cost reports.
- Calculate and maintain accurate product and service costs.
- Perform standard cost and variance analysis, identifying root causes and recommending corrective actions.
- Prepare annual budgets, forecasts, and cost estimates.
- Monitor and control manufacturing costs, including direct materials, direct labor, and manufacturing overhead.
- Prepare recipes for products and determine cost to them.
- Analyze inventory valuation and ensure compliance with accounting standards.
Senior Accountant - ALMUNIF PIPE ' MMP - Saudi Arabia
(2014-09 - 2024-03)
AlMunif Pipes are specialized in producing all types of UPVC, CPVC, GRP, PP-R, HDPE Pipes and fittings. Our company was established more than 30 years ago.
- Prepare financial statements.
- Direct internal and external audits to ensure compliance.
- Support month-end and year-end close process.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Verify, allocate, post and reconcile accounts payable and receivable
- Produce error-free accounting reports and present their results
- Analyze financial information and summarize financial status
- Estimate cost for closet and benchmark this cost with actual cost that has been incurred.
- Using normal cost technique (actual direct materials – actual labor cost – applied overhead) to calculate cost of goods sold.
- Cooperation in pricing policy to have a competitive price able to earn high market share.
- Experience in ERP system Microsoft Dynamics 365 by comprehensive cycle.
- Handle investment and loans transactions (bank reconciliations, over drafts, loans payment) and monitoring and recovering overdraft/ loan interest and installments.
- Post entries to proper accounts entries (Fixed assets, investment, receivables, general accounting, current accounts, banks, loans, payables, stores, land accounts, collections, and accrual accounts) and any other sector related to business.
- Prepare accurate and timely financial reports and statements and ensure appropriate accounting control procedures.
- Analyze and advise on business operations including revenue and expenditure trends, financial commitments, and future revenues.
- Experience in (EPICOR ERP system)
- Performed advanced reviews of business operational trends and expected obligations to prepare accurate forecasts.
- Trained new employees on accounting principles and company procedures.
- Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
- Compiled general ledger entries on short schedule with nearly 100% accuracy.
- Generated financial statements and facilitated account closing procedures each month.
Financial Accountant - Misr Glass Manufacturing Company - MGM - Cairo, Egypt
(2012-08 - 2014-09)
Manufacturer of container glass for food and beverages.
- Monthly bank reconciliation.
- Participating in Preparation financial statement.
- Monthly inventory reports.
- Holding general ledger accounts, providing information for auditors whether internal or external.
- Create journal transaction from documents attached
- Experience in (DELTA inventory system and "GP"ERP system)