Finance Manager Accounts Payable

Ghassan Said Khanfar

**** ******** **, **** *******, OH 45069

+1-513-***-**** ******@*****.***

An accomplished and certified financial manager with robust experience acquired over the years in delivering optimal results & business value in high-growth environments and establishing key relationships with business segments globally. Superior mathematical skills, leadership skills and experience, employee management, understanding of data privacy standards. Deep understanding of business principles and practices, superior attention to detail, expertise in organizational, planning, research, analytical, critical thinking, problem-solving and computer skills. Exceptional communication, presentation & interpersonal skills to grasp new concepts quickly.

EDUCATION

Bachelor of Commerce Hailey College of Commerce, Lahore, Pakistan (Punjab University)

Diploma in Computer Programming Institute of Computer Programming, Lahore Pakistan

Backer CPA Review Course (6 Months)

Training:

IFRS Ernst & Young 2006

IFRS & IAS INTERNATIO 2005

Financial Modeling (Using MS Excel) INTERNATIO 2004

Trading of Option/Calls/Swap 2004

Internal Audit INTERNATIO 2003

Companies Asset Analysis KAFAS 1996

Money laundry Diploma

Technical Skills: Microsoft Office Suite, Lotus, WinWord

Accounting Packages: Mainframe (Cobol Language) & (Debase 111 Plus), Evaluation of Accounting Software Packages

PROFESSIONAL EXPERIEN

FRONT END TEAM LEAD

Supervise Cashier.

Supervise Customer Services Desk.

Transfer and receive money for customers

Load and unload money into customers’ credit cards

Cash handling

…

Seasonal tax preparer duties

Stock Receiver

Stock and receive merchandise

Customer service

Loading, unloading merchandise using forklift

Order picker

Financial Manager

Prepared and interpreted reports, budgets, accounts, commentaries, and financial statements

Reported to management and stakeholders and provided advice on how the company and future business decisions might be impacted

Produced financial reports related to budgets, accounts payable, accounts receivable, and expenses

Appraised operations to evaluate company and staff performance in meeting objectives and determine potential cost reduction, program improvement, and policy change

Implemented policies, objectives, and activities of businesses to ensure continuing operations and maximized returns on investments while increasing productivity

Maneuvered and coordinated the activities of businesses or departments

Reviewed reports submitted by staff members to recommend approvals or suggest modifications

Developed and planned management of the properties to control the fiscal maintenance cost variance

Generated a plan for rent collection and followed up to receive the late rent from the tenants

Key Achievements:

Designed the financial and accounting system

Designed the property system for the property rent collection and maintenance of 42 properties. The holding company consisted of 12 apartments

Appointed as the store manager in the paint factory

Designed the store and production system for the factory to reduce and control the production cost

Senior Accountant

Researched and answered property managers’ questions regarding tenant statements.

Reviewed and approved work, such as tenant credit memos, non-recurring tenant billings and questionable cash receipts for entry by accounting clerks

Prepared security deposit refund invoices and delivered to accounts payable department

Prepared tenant account analysis and reconciliations when tenants disputed charges to their accounts

Reviewed accounts payable voucher submissions for legal and repair and maintenance expenses

Reviewed accounts receivable aging for delinquencies, cash applications and pre-paid rent applications

Calculated and entered monthly contract item accruals such as janitorial, security and utility expenses to match expenses to period incurred and reviewed trial balance for reversing of same entries in next accounting period

Calculated and entered rehab capitalization entry

Prepared balance sheet tie-out to balance the general ledger and commercial management systems

Prepared preview statements and distributed to field to ensure following month’s recurring charges and past due charges were accurate

Calculated and recorded appropriate depreciation and amortization of fixed assets, tenant improvements, and leasing commissions

Provided financial reports and interpreted financial information to managerial staff while recommending further courses of action

Advised on investment activities and provided strategies that the company should take

Maintained the financial health of the organization

Developed trends and projections for the firm’s finances

Conducted reviews and evaluations for cost-reduction opportunities

Oversaw operations of the finance department, set goals and objectives, and designed a framework

Managed the preparation of the company’s budget

Liaised with auditors to ensure appropriate monitoring of company finances was maintained

Kuwait Pearls Catering – August 2012 – October 2013

Financial Manager

Monitored the day-to-day financial operations within the company, such as payroll, invoicing, and other transactions

Oversaw the financial department including financial assistants and accountants

Contracted outside services for auditing, banking, investments, and other financial needs

Tracked the company's financial status and performance to identify areas for improvement

Sought out methods to minimize financial risk

Reviewed financial data and prepared monthly and annual reports

Presented financial reports to executives and clients

Established and maintained financial policies and procedures for the company

Key Achievements:

Trained and mentored all the accountants in their work. Designed a system to follow up on collections of tenders from the ministries and with the company suppliers’ payments as well as accurate stock receiving in order to reduce company cost

Financial Manager

Designed, organized and executed financial tasks and projects of the organization

Made estimates of funds required for the short and long-term financial objectives of the organization

Completed financial reports, led the month-end closing process, and conducted monthly financial forecast

Developed and implemented plans for budgeting, forecasting, and reporting

Achieved a proper mix of equity and debt to minimize cost and maximize operational profit

Strategized on fund procurement through banks and other financial institutions

Prudently made investments on assets that maximized returns

Developed reports on company financials for the capital market authority in compliance with related rules

Reported on company’s quarterly and year-end financials to the central bank while arranging the general assembly meeting requirements for each fiscal year

Provided financial insight and analysis to drive business performance

Managed and monitored metrics, KPI tracking, and reports

Evaluated the financial performance of the organization and measured return on investments

Managed funds for offshore companies, including three offshore companies affiliated with Morgan Stanley, Merrill Lynch, and Goldman Sachs whose total assets totaled $200-300MM

Massaleh Investment Company - May 2001 - August 2005

Internal Auditor

Evaluated financial documents for accuracy and compliance with federal regulations

Identied the financial risk of the organization and offered recommendations to reduce risk

Identified process improvement of accounting and financial record-keeping

Determined ways to cut costs and improve profitability

Assessed the efficiency and productivity of internal staff and made recommendations for improvement

Presented findings to upper management in the form of reports and presentations

Implemented approved audit plans

Evaluated the efficacy and efficiency of various systems, procedures, and controls applied while suggesting changes to safeguard the company’s assets and interests

Massaleh Investment Company - May 1999 - April 2001

Assistant Credit Manager

Reviewed, approved and declined large and complex loans prior to submission to loan committee while participating in several committees involved in company management

Controlled and followed up on limits in excess or matured and past due credits with a view to ascertain accurate management of credit facilities

Massaleh Investment Company - March 1985 - April 1999

Accountant

Received, Reviewed, and Processed AP invoices in SAP

Maintained AP invoices in an electronic filing system

Maintained relationships with vendors and office staff

Supported HQ with AP inquiries

Processed and filed paperwork including copies sent to HQ

Reviewed and Posted invoices processed by the AP Assistant

Reviewed AP Invoices for errors and inconsistencies and worked with the vendor to resolve

Compiled weekly payment selection for vendors paid by check

Distributed remittances to vendors for weekly payments

Worked with the accounting team on tasks as needed

Monthly closing duties

Other duties as needed

Produced analytical reports of financial statements, handled payroll, employee leaves, and indemnities

Posted various accounting records manually via usage of computer accountancy software packages

Posted accounting entries which included, drafting trial balances, income statements, P+L statements and balance sheets

Walmart – May 2022 - present

Jackson Hewitt Tax Service - March 2022 - April 2022 (seasonal)

Lowe's - July 2020 -March 2022

Al Matrook Holding Company - Oct 2015 - Sept 2019

Al Ahafad Holding Company - May 2006 - January 2016

Massaleh Investment Company - August 2005 - July 2012

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