Accounts Payable Manager
Resume:
Kareem Mohamed Hassan
Saudi Arabia, Riyadh, Moroj Area
Arab Republic OF Egypt, Alexandria, Agamy Area
________________________________________
Mobile: +966*-****-****
Home: +966*-***-****
Email: ***.******@*****.***
Summary
I am a hard-working, committed accountant looking for a long-term opportunity with a growing company within the business community. I wish to utilize my education, professional experience in a way that would be advantageous to both my employer and myself.
Education
Faculty of Commerce, Alexandria University, Egypt
Bachelor of Commerce (Accounting and Finance majors)
Graduated: 2006
Institute of management accountant, usa
Was member for studying CMA certificate
Saudi organization for certified public accountant, KSA
Currently member for studying public accountant certificate ( SOCPA )
Remaining 3 materials to get the certificate
18 months training with external auditor during faculty
Damanhur High School
Egypt, Bahera
Egypt Certificate of Education
Graduated: 1999
Employment History
Dec 2007 – Present: Accountant
Herfy Food Service Co.
Riyadh, KSA
Responsibilities
Herfy Meat Processing Factory
• Implement the accounting standards for accounts payable journals and ledgers.
• Process invoices duly approved by the proper corporate offices.
• Ensure that the right accounts payable for each type of invoice are in their proper ledger accounts.
• Ensure correct invoice entries into the accounts payable module of any accounting system.
• Match the checks issued with invoices amount and ensure the proper check signatories are reflected for check approval.
• Ensure that the invoices have been properly matched with actual deliveries or services performed with 3rd parties.
• Keep track and journalize all moneys that come out of the company to be summaries in regular cash flow statements.
• Assist the comptroller in preparing the company’s fiscal year income statements for stakeholder’s purposes.
• Prepare cash payments to suppliers and vendors.
• Ensure proper bank reconciliation with corporate records.
• Keep track of expenses incurred by cost centers, projects, retail purchase, social corporate events, marketing promotions and other corporate activities.
• Assist the owner or budget officer in preparing the annual operating capital expense budget.
• Processed Accounts Payable Entries
• Processed Accounts receivable Entries
• Manage, review clients contracts
• Prepare, review Sales Commissions
• Meet with clients Accountant for any reconciliations
• Control Stocks in warehouse
• Making entries into ledgers and journals.
• Keeping track of the cash inflow and outflow into and from the bank respectively
• Maintain the minimum balance amount of money required for every day transactions in the bank
• Preparing reports of cash flow in and out of the bank and present the reports to the management.
• Preparing financial statements every month.
• Prepare reports including the current month’s performance of the company with the previous month.
• Ensure that the entries into the accounting books are in accordance with bank rules.
• Ensure the accuracy of the financial reports of the bank.
• Documenting all the financial data of the bank.
• Processed Bank Accounts Entries.
• Manage the monthly financial close process for inventory based on plans created with the support of the Manager, Inventory Accounting, including overseeing adherence to a monthly close calendar to ensure that financial statements are complete, accurate and timely.
• Identify and highlight significant and / or material accounting issues to the Manager, Inventory Accounting, as soon as possible.
• Oversee and contribute to the preparation of all inventory related information for financial statements and all other reports required by management.
• Provide information to business partners
• Work with Manager, Inventory Accounting, to determine better processes for inventory reconciliations.
• Work with the Manager, Inventory Accounting to design and manage a strong control environment
• Supervise and manage the daily activities of the Vendor Management Accountant
• Provide technical guidance on issues with accounting or financial impacts.
•
Herfy Rusk and Pastry Factory
• Control Stocks in warehouse
• Monthly physical inventory count
• Cost the inventory monthly
• Implement the accounting standards for accounts payable journals and ledgers.
• Process invoices duly approved by the proper corporate offices.
• Ensure that the right accounts payable for each type of invoice are in their proper ledger accounts.
• Ensure correct invoice entries into the accounts payable module of any accounting system.
• Match the checks issued with invoices amount and ensure the proper check signatories are reflected for check approval.
• Ensure that the invoices have been properly matched with actual deliveries or services performed with 3rd parties.
• Keep track and journalize all moneys that come out of the company to be summaries in regular cash flow statements.
• Assist the comptroller in preparing the company’s fiscal year income statements for stakeholder’s purposes.
• Prepare cash payments to suppliers and vendors.
• Ensure proper bank reconciliation with corporate records.
• Keep track of expenses incurred by cost centers, projects, retail purchase, social corporate events, marketing promotions and other corporate activities.
• Assist the owner or budget officer in preparing the annual operating capital expense budget.
• Processed Accounts Payable Entries
• Making entries into ledgers and journals.
• Keeping track of the cash inflow and outflow into and from the bank respectively
• Maintain the minimum balance amount of money required for every day transactions in the bank
• Preparing reports of cash flow in and out of the bank and present the reports to the management.
• Preparing financial statements every month.
• Prepare reports including the current month’s performance of the company with the previous month.
• Ensure that the entries into the accounting books are in accordance with bank rules.
• Ensure the accuracy of the financial reports of the bank.
• Documenting all the financial data of the bank.
• Processed Bank Accounts Entries.
Herfy Head office financial department
• Review, post and analyses all the company petty cash
• Processed all petty cash expenses and payments Entries
• Implement the statue on accounting standards and keep abreast of developments in the industry where they operate.
• Implement the company’s general ledger system.
• Keep track and journalize all moneys that come in and come out of the company and report in the form of cash flow statement.
• Maintain a record of corporate assets and liabilities as well as merchandising inventories to allow for an accurate balance sheet statement every period.
• Process employee payroll and liaise with the authorized bank for automatic fund transfer for employee salaries.
• Participate in economic feasibility studies for setting up and capitalizing subsidiaries.
• Review, post and analyses all the inter store stock transfer between 200 restaurant, factory’s , bakery shops and coffee shops (200 STR Per Day)
• Cost the inter store stock transfer monthly
• Processed monthly inter store stock transfer cost Entries
• Manage the insurance section for all the group ( Property All Risk , Motor , Money In Transit , Feudality Guarantee , Cash On Safe ,Machinery Breakdown and medical Policy’s )
• Review and negotiate for all kinds of insurance contracts.
• Negotiate With Claim Centers For Any Claim.
• Preparing Quarterly Loss Ratio for Our Insurance Policy’s.
• Processed insurance Accounts Entries.
• Prepare monthly reconciliations between insurance co. and our financial statement.
• Review, post and analyses all the company services invoices and I have full access on the company bank account through the internet for the payment of the services invoices with an average payment (1.5 million USD / Per month) for ( Electric , water , telephone and gas ) monthly bills
• Processed services Expenses entries
• Review, bank deposit and analyses other money collections
• Receive other money collection and Process the entries.
• Assist my colleges in their jobs during vacation (Bank Accounts, Fixed Asset Accounts, Rent & Prepaid Accounts, Payable Accounts, Receivable Accounts, Advance Payments )
Achievements
• Managed and improve the insurance accounts and policies by increasing and add the best terms and clauses, and we decreased our premium for 2012 insurance polices 250,000 USD
• Finished and collected all the pending claims with insurance co. with sum amount (300,000 USD)
• Found some Froude in 5 restaurant through controlling inter store stock transfer
• Changed , reduced and controlled the inter store stock transfer
Jul 2007 – Dec 2007
Al Sherok Bella Kaza Furniture Factory
Alexandria, Egypt
Responsibilities
• Assisted other team members of accounting department when required
• Control Stocks in warehouse
• Making entries into ledgers and journals.
• Keeping track of the cash inflow and outflow into and from the bank respectively
• Maintain the minimum balance amount of money required for every day transactions in the bank
• Preparing reports of cash flow in and out of the bank and present the reports to the management.
• Preparing financial statements every month.
• Prepare reports including the current month’s performance of the company with the previous month.
• Ensure that the entries into the accounting books are in accordance with bank rules.
• Ensure the accuracy of the financial reports of the bank.
• Documenting all the financial data of the bank.
• Processed Bank Accounts Entries.
• Monthly physical inventory count
• Cost the inventory monthly
• Prepare, review, post and analyses creditors Invoices
• Processed Accounts Payable Entries
Dec 2006 – June 2007
Union Air Group
Cairo, Egypt
Responsibilities
• Processed accounts payable entries
• Prepare , review , post and analyses creditors invoices
• Manage creditor’s payments.
• Making entries into ledgers and journals.
• Keeping track of the cash inflow and outflow into and from the bank respectively
• Maintain the minimum balance amount of money required for every day transactions in the bank
• Preparing reports of cash flow in and out of the bank and present the reports to the management.
• Preparing financial statements every month.
• Prepare reports including the current month’s performance of the company with the previous month.
• Ensure that the entries into the accounting books are in accordance with bank rules.
• Ensure the accuracy of the financial reports of the bank.
• Documenting all the financial data of the bank.
• Processed Bank Accounts Entries.
• Control Stock in warehouse
• Monthly physical inventory count
• Cost the inventory monthly
• Worked under the guidance of different business managers across different departments
Skills
Category Name Proficiency Yrs experience Last Used Value
Computer
English
Italy Microsoft Office (Word, Excel, PowerPoint, )
(Speaking, Writing, Reading, Listening )
Level 2 Advanced
Fluent
15 yrs
25 Yrs
6 Month Use currently
Use currently
6 years ago
Interests
Classical music, sales and marketing, reading and Technology – I am always up-to-date on new computer technology on the market
References
Mohamed Abdullah
Foreign Purchasing Manager
Phone: (009**-***-***-***
E-mail: ****************@*****.***
Contact this candidate