🖝 Automated almost all the reporting assigned as have excellent knowledge on excel and presentations,
🖝 Appreciated by the head of department Sales, Service and Parts for submitting the requested information before time and more importantly error free.
🖝 Lead the team of 18 cashiers and accountant by sharing the knowledge and expertise carried over the years, which not only led to smooth functioning but also the job satisfaction of the team.
🖝 Recognized as leader, mentor and coach that can foster strong relationships with diverse groups.
🖝 Skilled in preparing and maintaining books of accounts, handling monthly, quarterly, and annual closing activities, and reviewing general ledger to ensure accuracy of posting.
🖝 Proficient in monitoring daily cash transactions, monitoring variances and reporting management with the reasons for those variances for effective decision making.
🖝 Expert in managing the processing of AR & AP accounts, managing invoicing and payment processing, analyzing accounts, investigating discrepancies, identifying & resolving billing issues, and maintaining accounting reports.
🖝 Adept at maintaining and providing accurate and timely financial statements and recording all financial activities for effective decision making.
🖝 Possess thorough knowledge of accounting principles and practices; proven ability to interact professionally with people at all levels to validate financial data and maintain confidentiality.
🖝 System worked on: Kerridge, Autoline CDK, International CDK, SAP System, Xero, Zoho, Microsoft Excel formulas, pivot table.
Core Competencies include…
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Excellent knowledge on Excel and power point also proficient in developing templates which makes human intervention minimal.
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Financial Accounting
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Accounts Closure
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IFRS Strong Knowledge
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Accounts Reconciliation
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Bank Reconciliation
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Cash Management
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Variance & Trend Analysis
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AR and AP Management
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Accounting Policies/Procedures
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Financial Analysis/Reporting
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Sales & Inventory Reporting
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Automation
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Statutory Compliance
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Liaison and Coordination
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Team Building and Leadership Work Experience
BNK Automotive for Buying and Saling Cars – Volvo- Polestar, Kuwait (Jan 2024 – Present)
Senior Accountant- Finance Department
Highlights:
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Management Information System (MIS) Reports: Automated and designed comprehensive MIS reports for each segment within the company, enhancing data visibility and facilitating informed decision-making across departments.
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Collection and Aging Reports: Automated the preparation of weekly and monthly collection and aging receivable reports, resulting in an increased collection efficiency of KD 151k in 5 months.
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Customer Statement Automation: Developed an automated system for generating customer statements of account, allowing for instant PDF generation by selecting customer names from a dropdown menu. This streamlined the follow-up process with customers via email.
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In-House Financing Schedule: Created an automated Excel sheet for calculating in-house financing deals, providing clear visibility of remaining installments.
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General Ledger Reconciliation: Resolved an initial discrepancy of KD 600,000 between accounts receivable and payable balances, ensuring accurate display in the respective accounts.
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Petty Cash Management: Established a petty cash policy and reconciled petty cash account balances, leading to the creation of a daily petty cash report for enhanced financial oversight.
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Bank Account Reconciliation: Cleared a discrepancy of KD 25 million between bank accounts and financial records, ensuring accurate postings in the bank ledger.
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Automated Bank Reconciliation Reports: Developed automated daily and monthly bank reconciliation reports to improve financial accuracy and reporting efficiency.
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Vehicle Leasing Automation: Automated the invoicing process for vehicle leasing and supplier invoicing records, resulting in improved accuracy and efficiency in financial transactions.
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Accrual and Prepaid Expenses Automation: Automated an Excel spreadsheet for tracking monthly accrual obligations and prepaid expenses, enhancing accuracy and streamlining financial reporting processes.
Responsibilities:
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Prepared and delivered comprehensive monthly Management Information System (MIS) reports, providing key insights to support strategic decision-making.
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Reviewed the trial balance and analyzed expense trends, preparing draft financial reports for the Finance Manager
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Verifying and processed monthly asset depreciation, ensuring accurate financial reporting and compliance with accounting standards.
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Monitored monthly invoicing for vehicle selling and oversaw the purchasing process for new vehicles, ensuring accurate stock creation and inventory management.
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Prepared comprehensive monthly reports to Volvo used vehicle sales, detailing purchasing channels, selling types, gross profit (GP) for each car, and conducting thorough used stock analysis.
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prepared monthly accounts receivable aging and collection reports, providing insights into outstanding balances and improving collection strategies.
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Reviewed daily journal vouchers with significant material nature and amounts, ensuring accuracy and compliance with accounting standards.
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Reconciled balance sheet accounts, ensuring the maintenance of supporting documents and confirmations for petty cash accounts and bank reconciliations, provisions, accruals and ensure that approvals are in place for each significate transactions to uphold financial accuracy and integrity.
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Actively participated in providing all necessary documentation and support for external audit requirements, facilitating a smooth audit process and ensuring compliance with regulatory standards.
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Participated in the preparation of the annual budget, collaborating with team members to align financial goals and ensure accurate forecasting
Al Mulla Automobiles for Buying & Selling Cars Co. – Mercedes Benz, Kuwait (Oct 2019 – Apr 2023) Accounts Supervisor- Finance Department
Highlights:
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Reconciled over 19,000 unreconciled cash transactions for 20 cash sales GL accounts in 10 branches of the company.
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Cleared the difference of 25 million Kuwaiti dinars between the bank account and books and posted to the bank ledger.
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Set a strong and smooth accounting cash collection process for cashiers to avoid errors or unreconciled transactions.
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Improved the daily reporting process of cashiers for cash sales collected from customers – now more than 300 cash sales transactions are reconciled and traced to bank accounts daily.
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Efficiently automated daily petty cash reports which assisted in avoiding the shortage in petty cash.
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Significant contribution in the implementation of online payment links application for customers.
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Checked and tested the payment links for all locations and ensured the customer is receiving the payment link.
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Checked if data captured in the online link webpage developed by the IT group was reflecting correctly in the bank.
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Liaised with the group compliance team to prepare the process note for online payment process for operations team.
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Created a control ledger account to post the online payments received from customers and invoices done by the team to reconcile the payments daily, monitor online payments and timely confirmation to the operations team on successful receipt of money, to close the deal – this built confidence in operations to promote the mode of payment.
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Automated and developed an excel sheet for the incentive’s calculation which resulted in speeding up the payout process from 15 days to 1 to 2 days only.
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Best Performer Award Q3 2021 at Mercedes Benz presented by the finance top management of Al Mulla Group.
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Best Performer Award Q2 2022 at Mercedes Benz presented by the finance top management of Al Mulla Group.
Responsibilities:
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Handle all accounting operations of the company including supervising and managing general accounting activities, analyses and maintenance of effective internal controls while ensuring statutory compliance in all accounting initiatives.
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Oversee the accounting team in managing all accounting transactions including AP/AR, financial closing and consolidations, reconciliations, controlling fixed assets and ensuring compliance with the company policies.
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Oversee the company accounting systems and maintain accurate records & financial documentation.
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Handle daily accounting operations, prepare/review and approve journal entries to ensure that they accurately record the company’s financial transactions in the proper period; ensure that supporting documentation is maintained.
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Maintain books of accounts, handle GL reconciliations, rectifications and accounting adjustments, and prepare trial balance and financial statements.
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Manage the cash and bank reconciliation and the petty cash, improve the performance of 15 cashiers and setup up the cash input and output within 10 branches in the company.
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Handle and improve the vehicle sales accounting and reporting besides the cash management with the help of two assistant accountants.
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Reconcile the daily cash inflow from operations – vehicles, service, and parts for cash, K-net, credit card, online link payments, website payments, cheques, and bank transfers for more than 300 transactions per day.
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Review the daily petty cash outflow to ensure it is in line with the company policies &goes to the correct expense codes.
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Review suppliers’ LPOs before proceeding with payments; review the customers’ refund forms and documentation.
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Prepare monthly and quarterly incentives for 17 different schemes and over 85 staff.
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Analyze the monthly sales variances and upselling products sold to customers; prepare monthly MIS (management information system) for vehicles and upselling sales report.
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Reconcile seven bank accounts and loan accounts for an average of 3100 transactions per month.
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Prepare the monthly calculation to introduce the vehicles (taking vehicles from new stock to asset) and defleeting vehicles (taking vehicles from asset to used stock) after management approval.
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Assist in the processing of balance sheets, income statements and cash flow statements according to the company’s accounting and financial guidelines.
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Liaise with internal and external auditors during financial audits, provide them with required accounting and financial information, and ensure successful completion of audits.
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In absence of Direct reporting manager, proactive in taking responsibility for completing the task of closing and successfully finishing it
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Preparing cash flow statement on monthly basis
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Participate in preparing the budget along with operations
Kuwait Automotive Imports Co. (Al Shaya & Al Sagar), Kuwait (Feb 2014 – Oct 2019) Accountant
Highlight:
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Certificate of Appreciation in recognition of the significant contribution to the company’s accounting operations
Responsibilities at Kuwait Branch:
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Managed the full spectrum of financial accounting role including month and end-year processes, AP/AR, GL, cash forecasting, revenue and expenditure variance analysis, debt activity, etc.
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Maintained the company’s books of accounts, recorded journal entries, posted transactions to the ledger, and entered
rectification & adjustment entries; assisted finance team in monthly, quarterly & annual closing of books of accounts.
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Prepared and managed bills, invoices and bank deposits, reconciled expenses to the general ledger, and ensured that all payments are properly posted; maintained records of payments and account status.
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Responsible for posting cash payment vouchers (CPV), cash receipts from all locations, creating stock receive vouchers (SRV) for new vehicles purchased and creating a vehicle stock book (VSB) for the used vehicles.
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Checked vehicle sales files and transferred & allocated payments received from the customer to their respective accounts.
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Handled monthly bank reconciliation, accounting reconciliations, adjustments and rectifications; managed accounting and financial consolidation, and presented consolidated reports to the senior management.
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Prepared, examined, reconciled, balanced and maintained accounting records, financial statements and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
Responsibilities at Dubai Branch (Federal Trading Company):
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Handled daily A/P processes, managed vendor/supplier relations, ensured timely and accurate processing of invoices, as well as managed purchase orders, expense reports, credit memos and payment transactions.
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Posted supplier’s invoices including registering SRV invoices in the purchase ledger and verifying from purchase control.
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Posted cash and cheques collected from all the customers and allocated them with invoices in the sales ledger.
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Generated and sent electronic statements of account to receivables via email; prepared receivables collections and due amounts report; prepared aging of receivables report.
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Reconciled the accounts payable ledger to ensure that all bills and payments are accounted for and properly posted.
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Strengthened and grew relationships with vendors and suppliers through timely payment.
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Monitored and analyzed accounting data and produced financial reports or statements for the senior management team.
Previous Assignment
Education
Professional Development
Personal Details
Highlight:
Ideal Way For Scientific Consultancy Co., Kuwait (Dec 2011 – Jan 2014) Accountant
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Successfully set up the accounting procedures and the document cycles for the company.
Responsibilities:
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Handled daily operations of the accounting department, prepared, and maintained books of accounts, coordinated monthly, quarterly and annual closing activities, and recorded and maintained all accounting transactions in the system.
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Worked within budget, reviewed expenses, and provided timely explanations of variances between actual results and forecasts/budgets; provided corrective action recommendations to management, where necessary.
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Posted accounting entries including A/P, A/R, petty cash, fixed assets, and payroll to various ledgers; reconciled all the entries and ensured accuracy of posted entries.
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Prepared trial balance, income statement and statement of financial position, prepared and posted customers invoices, handled and posted supplier invoices as well as prepared and sent customers’ statement of account.
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Responsible for processing supplier payments, petty cash management, payroll preparation and processing; prepared contracts with suppliers for different services and maintained a filing system for suppliers and clients.
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Accountant, Easa Hussain Al Yousifi & Sons Co., Kuwait (Jun 2010 – Aug 2011)
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Bachelor’s Degree in Accounting, Modern Academy, Maadi, Egypt (May 2009)
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Certified Finance Manager (CFM) by GAQM
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Certificate in International Financial Reporting (IFRS) by ACCA
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International Computer Driving Licenses (ICDL) by UNESCO
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Manual Accounting Course, Accountants Training Academy (ATA)
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Certification in Company’s Financial and Managerial Accounting
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Date of Birth: 22nd Sep 1985
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Marital Status: Single
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Language: English and Arabic
Al Mulla Group – Star Performer Award in the Finance Department
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