Abdul Rahman Mustafa
Riyadh, mustafa
Summary
Accounting professional with 16 plus years of experience possesses multiple skills covering different aspects of auditing, accounting, and finance along with Additional skills in receivables, internal control, and financial statement reporting. Acknowledged for integrity and high professional standards. Track record of success in relationship building, decision-making, and communicating. Accounts Payable Manager directing daily activities of accounts payable staff of [30]. Proficient in managing departmental operations, including recruiting, training, employee relations, performance reviews, and monthly statistical reporting. Skilled in creating procedures and policies, performing weekly reconciliations, and monitoring invoice processing.
Overview
17
17
years of professional experience
Work history
Accounts Payable Supervisor
2001.01 - 2018.04
- Hiring, training, motivating, and evaluating accounts payable staff members
- Creation of central policies and procedures for account payable unit
- Maintain employee payable records up-to-date and accurate
- Compiling, analyzing, and reporting financial information to management
- Examine all vouchers posted and direct them into accounts payable system for accuracy before payment is signed
- Resolve all payments or billing issues with vendors
- Coordinate and set up processes, as well as technical research accounts payable issues
- Ensuring team's work is accurate and invoices are approved for payment using correct process
- Ensuring team is allocating purchase order numbers (if applicable) and resolving any issues
- Managing resolution of issues escalated from team members
- Developing, implementing, improving, and enforcing budgets, policies, and department controls to increase accuracy and efficiency
- Managing employee expense claims process
- Planning and execution of vendor payment runs
- Ensuring credit notes are processed accurately
- Managing accuracy of vendor database
- Reconciliation of supplier statements, credit cards, etc
- Generating journals for month-end reporting
- Approve Monthly Accrual
- Ensure accuracy of financial statements; post information at end of every month, and also handle monthly closing of financial records
- Ongoing improvements to accounts payable process
- Lead & implemented SAP Ariba cloud-based innovative solution implementation, that allows suppliers and buyers to connect and do business on single platform
- Achieved target to improve overall vendor management system of organization by providing less costly ways of procurement and making business simple by implementing SAP Ariba
- Complete knowledge in implementation of SAP Ariba and managed to Improve freight collaboration, goods tracking, material traceability, and supply chain resilience with open logistics network
- Support growth initiatives while strengthening trading-partner relationships
- By overseeing SAP Ariba invoice management, it also implements integrated financial supply chain management solutions and services and improves or achieves visibility throughout procure-to-pay process
- By implementing automating invoice capture and approval for greater efficiency and compliance, delivering more control over payables, cash, and Days Payable Outstanding transform procurement process along with contract management digitally business owner" for franchisee sales process
- Franchise managerial function, reviewing contracts, processing renewals, developing new franchise & business partners, and enforcing licensing expectations
- Oversees organization and planning within business franchising department & Responsible for following company policy in developed franchise and business partners
- Used critical thinking to break down problems, evaluate solutions and make decisions
- Supervise receipt of invoices, verification, record of transaction, and direct expense
- Check & Post all Aggregators Invoices
- Review payments of foreign suppliers
- Check & Post all Project & contractor Invoices
- Follow up on payments by reviewing them through automatic payment and approving them
- Making Bank Entries for all payments
- Checking Advance Payment File " Local & Foreign "
- Checking and Approve Monthly Accrual
- Monthly Clearing for Vendors Open Items & Advance Payment
- Preparation of Variance Analysis and commentaries for Each month
- Checking and Approve Vendors Reconciliation
- Prepare monthly requirements
- Supervise team of accountants to ensure following laid down procedures
Payable senior accountant
2017.02 - 2018.03
- Keeping track of all payments and expenditures, including payroll, purchase orders, invoices, statements, etc
- Reconciling processed work by verifying entries and comparing system reports to balances
- Maintaining historical records
- Paying employees by verifying expense reports and preparing paychecks
- Paying vendors by scheduling pay checks and ensuring payment is received for outstanding credit; generally responding to all vendor inquiries regarding finance
- Preparing analyses of accounts and producing monthly reports
- Continuing to improve payment process
- Analyzed reporting to reconcile transactions, accounts, and ledgers
- Wrote reports outlining project progress and results.
Senior Financial accountant
Al Borg Laboratories
2008.11 - 2016.11
- Prepares and records asset, liability, revenue expenses entries by compiling & analyzing account information
- Income statement and Financial Statements
- Aging report for vendor and customers
- Preparation of all accounting reports concerning income and expenses
- Prepare reports and support in finding customers and accounts department
- Prepare reports competent financial analysis of all kinds
- Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies
- Preparing revenue budgets and forecasts
- Maintains general ledger by transferring subsidiary accounts;
- Preparing trial balance, reconciling entries, balance sheet, profit & loss, and other statements
- Summarizes financial status by collecting information
- Produces payroll by initiating computer processing;
- Printing checks, verifying finished product
- Completes external audit by analyzing
- Scheduling general ledger accounts; providing information for auditors
- Avoids legal challenges by complying with legal requirements
- Secures financial information by completing database backups
- Protects organization's value by keeping information confidential
- Maintaining personal networks
- Participating in professional organizations
- Perform related work as required.
General Accountant
Elaj Medical Services
Jeddah
2007.10 - 2008.10
- Preparing complete statements for 7 branches and all other related transactions such as balance sheet, debit/credit aging reports
- Responsible for reconciliation statements for banks
- Reporting of revenue and expenses statement
- Evaluated employee expense reports and verified accuracy
- Completed financial reports for management and stakeholders
- Investigated daily variances uncovered in reports and corrected errors to resolve discrepancies
- Monitored accounts payable and receivable statuses, keeping financial records up-to-date
- 1- Herfy Food Services Co Auto Payment workflow- Herfy Food Services Co ARIBA System implementation 3 - Herfy Food Services Co Portal For Payment Requests 4 - Herfy Food Services Co New Petty Cash System PCIM- Herfy Food Services Co Portal For government relations Payts 6 - Herfy Food Services Co Portal For utilities Payts
Education
Accounting & Finance
Zagazig University
05.2006
Skills
- Featured Skills
- Accounts Payable Manager Herfy Food Services Co, CJ
- Managing accounts payable function
- 04/2020 - Current
- Financial Accounting Profit and Loss Statement Auditing
- Accounts Payable
- Accounts Payroll General Ledger Fixed Asset
- Accounts Receivable VAT
- Rewards and Commissions Petty Cash Management
- Technical Skills
- SAP-Fi operating module
- Outlook
- Word, Excel, PowerPoint, Access
- Client/vendor/customer Manager
- Payroll Bureau
- Herfy ERP - Ariba system implementation
- Accounts payable procedures
- Accounts Payable and Receivable (AP/AR)
Interests
Traveling | Reading | Football
Timeline
Payable senior accountant
2017.02 - 2018.03
Senior Financial accountant
Al Borg Laboratories
2008.11 - 2016.11
General Accountant
Elaj Medical Services
2007.10 - 2008.10
Accounts Payable Supervisor
2001.01 - 2018.04
Accounting & Finance
Zagazig University