Manager Accounting

MARK H. ABBASI, MBA, ERM. Mobile: 1-858-***-****.

**** ******* **** ***** *** 340 Email: **********@*******.*** Escondido, CA. 92026

OJECTIVE: Controller

QUALIFICATIONS

Experienced in ERP implementations and customization to the need of the Company.

Skilled in data analysis and ad hoc reporting.

Efficiency oriented and profitability guided.

Seasoned people manager and team leader.

EMPLOYMENT HISTORY:

H&R Block 08/2017 – 05/2018

Income Tax Preparer San Diego, California

H&R Block is multibillion Dollars Publicly Listed Corporation, extending its Tax services and Tax Advisories Nationwide.

Achieved and exceeded my targeted services revenue for the year.

Exposed and used advanced tax preparation system of preparing Income Taxes.

Prepared complicated Tax Returns for individuals with multi income sources.

Pursuing an Advance Certification in the field of Income Tax Preparation.

First Kuwaiti Trading & Contracting Co. 12/2012 – 07/2017

Controller / Chief Financial Officer Kuwait, Kuwait

First Kuwaiti Company is a Construction Contracting Company with One Billion Dollar turn-over annually.

Worked with Top CPA’s in the business for many years on stream lining the financial processes, including Monthly and Annual Closing.

Used the IFRS and GAAP in all the financial reporting; including the revenue recognition, inventory evaluation and depreciation calculations.

Controlled the Budget and maintained the reporting for the Budget on three comparative bases; the actual, the previous year and the standard forecasts, to better understand variances.

Allocated the Budget to responsibility and ownership of activity for better determination of responsibility and achievements.

Introduced new financing resources to the business with favorable terms and less involvement by the financial institution in the core business of the Company.

Recognized the importance of the risk management and developed the factors to measure such risk keeping the management well posted of all risks status with necessary mitigation if needed.

Finalized all financial reporting and reports reconciliation and analysis; individually to maintain top secrecy, and to adhere to the top management policies and procedures.

Managed 83 Accounting staff and supervised all detailed transaction they performed.

International Agencies CO. 09/2009 – 11/2012

Representing: Panasonic, Sharp, York, Lenovo and others Kuwait, Kuwait

Controller / Chief Financial Officer

The International Agency Company achieved average annual sales of 500 Million Dollar, Distributing and Selling International named Brands.

Implemented the SAP ERP system for this Company, and composed BI Repots.

Created the forms of the Budget using advance Spreadsheet technologies and processes.

Uploaded Budget to SAP system to control the limitations of the budget over expenses.

Utilized the Budget process and reports to establish KPI’s, and mile stones of accomplishments.

Downloaded the monthly results of operation from SAP system to spreadsheets to manipulate and add graphics to simulate and compare the results.

Administrated the budget meeting on monthly bases with all divisional owners to communicate the results and to assert coming challenges mitigation and how to concurring them.

First Kuwaiti Trading & Contracting Co. 07/2006 – 08/2009

Financial Manager Kuwait, Kuwait

First Kuwaiti is one of the largest International Contracting Construction Companies in region.

Implemented MS Great Plains ERP accounting system.

Introduced the GAAP as the standard Accounting methodology for determining the processes and the results of operation of the Company.

Communicated the Accounting Standards of the industry to all staff and operation.

Wrote the Policies and Procedures for all accounting functions.

Arabian Cement Co. Ltd. 10/2002 – 06/2006

Financial Controller Jeddah, Saudi Arabia

Arabian Cement Company is leading manufacturing Cement Company with annual sale of 85 Million Dollar.

Redesigned the Cost Accounting Processes and the Data collections functions.

Suggested ways to re-engineer the processes cycles to gradually reduce the cost of productions.

Negotiated in detail the annual Cement Factory budget with the Technical GM Deputy and the Factory Manager.

Established a weekly meeting with the factory management to go over the reports of the production runs for that week, and analyzing the variances quantity and cost wise if any.

Conducted feasibility studies for all suggested Budget Cap-Ex to maintain or improve the ROI for the Company and the efficiency of the factory.

Allocated the joint cost among the production lines in different methods to come-up with the best way to maintain consistent profit margin.

Served as a member of the finished goods pricing committee.

Supported the factory team in negotiating the long-term raw materials purchase price to help in maintaining stable profit margin.

Adhered to GAAP FIFO inventory evaluation for easer monthly reconciliation.

Generate reports measuring the efficiency of the factory usage spaces compared with the optimal needed space for the materials run, for every stage of the production.

Calculated the storage period of raw materials and the processing time to be a finished product to enhance the cash flow and benefit from just-on-time ordering system.

Conducted studies regarding the current production lines including fixed assets efficiency in comparing with new technologies in the market and the replacement cost of such lines.

Maintained the fixed assets records and the running operation cost in addition to the maintenance cost to question any excess cost over budgeted one.

Distribute these reports and findings to the management in order to be discussed and highlighted in the monthly meetings, scheduled in the first week of every month.

S. Pickard Gourmet Peanut Butter Company 11/1999 – 08/2002

Chief Financial Controller Irvine, California

S. Pickard Gourmet Peanut Butter Company was a newly established (start-up) company that specializes in the sales and marketing of a new gourmet peanut butter. S. Pickard Peanut Butter was sold at retail stores in the 11 western states with projected annual sales of $23M.

Selected the computerized accounting software that best serve the company needs for the purpose of monitoring its business plans and goals in addition to keeping track of its assets.

Designed and implemented the accounting cycle for all aspects of the accounting functions; such as GL, AR, AP and Payroll.

Performed the G/L, A/R, A/P, and P/R functions on an interim basis.

Conducted an On-line Banking and facilitated the automatic bank accounts reconciliation, for the purpose of the month end closing and the year-end closing.

Developed the Annual Budget to all the of company’s activities, and developed the reporting procedures and the flow of these reports to the concerned parties.

EDUCATION

National University MBA, Master in Business Administration – Finance

Coleman College B.Sc. Bachelor Degree in Computer Science - Programing

University of Jordan B.Sc. Bachelor Degree - Accounting

Internal Revenue Service AND

California Tax Ed. Council Certified Income Tax Preparer

IMA ERM Certificate in Enterprise Risk Management

Member of (IMA) Institute of Management Accountant, Chapter 255

SOFWARE PROFICIENCY

SAP ERP, Oracle ERP, QuickBooks, MS Great Plains,

MS AX, Peachtree, MAS 90, Microsoft Office Applications

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