Mohamed Fasal Thottoli
Marital Status: Married
Availability: One Month Notice
Iqama Status: Transferable
Having more than 10 year Experience in the field of Accounting / Finance, Performing duties as an Accountant, from more than 10 years, Held responsible for Analysis, Reviewing, Monitoring transactions, Collection, Payments, & Reporting
Area of Expertise
Account Receivable Account Payable Inventory Month Closing
Sales Invoices Control
Leading Annual Physical Counting
Payments - Settlement
Letter of Credit Process
Preparing Inventory Adjustments monthly
Collection - Settlement
Offset & Other adjustments
Preparing Various Report
Month End Reports
University Name Degree Grade Location Period
University of Calicut
Company Name Designation From To Years
Water Projects Saudi Arabia Ltd Riyadh
National Aquaculture Group
[NAQUA] Al Leith Jeddah
Senior Accountant Receivable
Namma Cargo Services Co. Ltd Riyadh [Exclusive Agent DHL]
WATER PROJECTS SAUDI ARABIA LIMITED
Water Treatment Specialists [Chemical production, Maintenance & Trading]
Duration: Feb 2015 – Present
Key Responsibilities: Responsible for Accounts Receivable, Accounts Payable, Inventory, General Ledger, Cash Management & Monthly Closing Work
Monthly & Yearly Closing:
Assist to prepare financial statements [Balance Sheet, income statement, Cash flow statement, Statement of partner equity etc.] and produce budget according to schedule
Preparing various reports & Assisting for Annual & interim Audits
Leading month-end and year-end close process
Verify and make sure all ledger account balance, which showing in Trial balance
Verify, allocate, post and reconcile accounts payable and receivable
Leading physical counting at end of the year comparing with system quantity & preparing variance report
Preparing payment schedule for Medical, Vehicle & Fire insurance, Vacation Salary etc.
Preparing adjustment entries like accrual, prepayment, depreciation, inventory etc.
Handling all inventory manual transaction like stock transfer, issuing from the store, receiving material thru local or
Overseas purchase etc. and end of the month preparing necessary journal entries
Monthly reconciling payroll sheet and produce journal entries
Role in Payable Section:
Making payment plan on the basis of aging (suppliers) & controlling payments to suppliers.
Reviewing Payments to suppliers based on due days.
Checking AP Batch of Payments & Invoices related to Suppliers.
Checking all the purchase order and verify with supplier invoice, entering & posting the all invoice one time.
Process supplier payment based on the due date in the aging report.
Preparing various report Like Supplier Aging, Advance, Subsequent analysis report etc.
Role in Receivable Section:
Making control on recording Invoices & Collection of Customers
Posting Batches related to invoices & Collection entries.
Monthly reports like Customer aging report, Subsequent analysis report, customer advance
Monitoring credit-hold related customers.
Supporting sales department, in case of they need to release credit -hold for any customer.
Checking Customer credit limit.
Reviewing Sales prices monthly basis.
Making Expected Collection reports & reviewing Collection performance.
Finalizing Commission of Sales & Collection Department
Bank Reconciliation of different bank on monthly basis and also always communicating with Bank regarding
Cheque return & other’s.
NATIONAL AQUACULTURE GROUP [NAQUA]
Largest aquaculture operation of Shrimp Farming and Fish Farming in Saudi Arabia
Designation: Senior Receivable Accountant
Duration: Jan 2014 – Feb 2015
Mainly dealing in Sales / Account Receivable / Aging / Collection Commission / Monthly Closing e t c
Key Responsibilities: Senior Accountant (Accounts Receivable)
Daily administrative duties which can include filing, faxing financial documents and email correspondence.
Responsible for collection activities such as sending follow-up inquiries, negotiating with past due accounts
Entering receipt voucher in ERP Ln (Worktop) based on the fund credited to our collection bank account.
Ensuring all receipts are recorded and applied properly
Monitoring bank accounts, follow up the bank transfers and preparing the monthly bank reconciliations
Monitoring the proper invoicing within standard polices reflective of the customer’s requirements.
Working with any and all personnel or Department to ensure timely and accurate invoicing and those Ledgers are
Manage Cash and Credit applications and maintaining the database for the customers.
Credit checks on all customers, establish and manage or monitor credit limits.
Responsible for tracking and resolving outstanding payment issues and monitor weekly aging reports in a timely manner.
Maintain appropriate record of Fixed Asset and prepare Monthly depreciation Sheet
Transfer fixed asset from one dept. to another dept. and disposed of Fixed Asset as per requirement
NAMMA CARGO SERVICES CO. LTD – RIYADH
[Exclusive Agent of DHL Forwarding]
Subsidiary company of NESMA Holding Co
Duration: Dec 2008 – Jan 2014
Proficient in preparing for various management information & financial report.
Prepare various reports for Audit requirement (Interim audit & Yearly audit).
Monthly accounts finalization (Profit and Loss account, Trial Balance, B/S, vendor &customer aging report)
Generate monthly recurring journal like Prepayment, Accrual etc. and posting to General ledger
Correction and passing journal entries, if necessary
Monthly Accounts Receivable posting.
Preparation of monthly statement for the local & foreign customer.
Supervising credit activities and updating customer records, regular outstanding statements and reconciliation to facilitate
Recording and posting of invoices, cash, and bank receipt, Debit / Credit memos, Bank reconciliation, a record of cost and
Revenue, cash flow checking in a computerized environment
Monthly Invoices checking and Co-ordinate with operation/billing to solving the dispute on invoices.
Prepare bank payment voucher, cash payment voucher in G/L and payable module
Preparing of all payment approval for Suppliers/Dealers & Utilities like SEC, STC etc.
Verify all supplier invoices; check all its accompanying supporting documents. Including delivery note, purchase orders etc.
Then process their payment after credit period.
Reconciliation of Inter Div. company
Reconcile of supplier and customer account balance.
Monthly Cost Edit List checking and BPV, CPV, RV etc. posting.
Verification & Processing of Airlines (IATA), Agent payments as per assignment.
Monthly physical checking & reconciliation of Packing Material Inventory.
Medical card addition, deletion etc. and correspondence to Bupa insurance co.
Preparation of Capital Expenditure
Payroll preparation including checking of timesheet, Employees addition & deletion, prepare to leave pay, ticket pay,
Severance pay & GOSI printing thru payroll module-HRMS (Human Resource Management System), then transfer to G.L
Maintaining proper records of warehouse, office & villa landlord & arrange payment before due date
Examine and prepare end-of-the-month procedures and make sure all necessary entries have been taken in the proper period
And general ledger balances are properly updated.
Operating System Language MS office
Excellent in Windows 8, English, Arabic Excel, Word & Power Point
Windows 7, Windows 10 Hindi, Malayalam
Interest & Hobbies
Always try to learn new things. Internet Making Friends
Reference will be provided on demand.
Email Id: firstname.lastname@example.org
Kingdom of Saudi Arabia
To work in a dynamic & reputed organization as “Accountant” in Finance/Accounts Department, where I can prove my abilities & share my knowledge in a manner beneficial to both, the organization and my own self-development
Use of Software
Use of Software
Use of Software
Use of Software
Professional Relationships Playing Football Music