Adel Mohamed
Chief Accountant
Jeddah
Summary
Seasoned Chief Accountant bringing more than 20 years of experience directing accounting systems for diverse business groups. Industrious and cost-conscious with excellent project management abilities. Advanced understanding of industry standards and accounting laws.
Overview
20
20
years of professional experience
4
4
years of post-secondary education
1
1
Language
Work History
Chief Accountant
Abdulsamad Alqurashi
Jeddah
2023.01 - Current
- Reviewed business operations and obligations to help organization function at acceptable level.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Wrote financial statements and consolidations after reconciling general ledger accounts.
- Prepared accounts for industry audits and supported audit process.
- Prepared monthly journal entries and reconciliations.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws.
- Evaluated and improved financial records to make important business decisions.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Oversaw accounting team in servicing diverse clients.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Completed year-end closing processes with controllers and external auditors.
- Offered advice and direction to help clients better understand financial goals.
- Completed biweekly payroll and maintained employee records.
- Reviewed budgets and communicated discrepancies to senior management.
- Leveraged finance knowledge to strengthen controls and improve transparency.
Senior Accountant
Abdulsamad Al-Qurashi
Kuwait
2008.03 - 2022.12
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Prepared monthly journal entries and reconciliations.
- Assisted in upgrade and conversion of in-house financial systems.
- Directed accounting team in timely reporting of finances for diverse client businesses.
- Evaluated and improved financial records to make important business decisions.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Reviewed budgets and communicated discrepancies to senior management.
- Contributed to hiring, training and development of accounting teams.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Expedited payroll and invoicing by streamlining billing systems.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
Accountant
Hilyfood
Cairo
2006.10 - 2008.03
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Researched technical tax issues to define tax effect or impact of certain tax positions.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Evaluated and improved financial records to make important business decisions.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Maintained integrity of general ledger and chart of accounts.
- Tracked funds, prepared deposits and reconciled accounts.
Junior Tax Accountant
Ezz Al Arab
Cairo
2003.09 - 2006.09
- Prepared VAT and income tax returns for individuals, businesses, trusts, estates and non-profits.
- Performed analysis on inventory, accounts receivable and accounts payable balance sheet accounts.
- Worked closely with clients to properly fill out tax forms and file tax returns electronically.
- Recorded, classified and summarized financial transactions and events in accordance with accounting principles.
- Kept up to date on current income tax developments and advised clients to make proper adjustments.
- Examined accounts and records and computed tax returns according to prescribed rates, laws and regulations.
- Audited client financial records to determine tax liability.
- Performed tasks under limited supervision related to income tax compliance such as returns, extensions, forecasts and tax provisions for business sectors and corporate heritage business units.
Education
Bachelor of Arts - Faculty Of Commerce
Al Mansoura University
Al Mansoura City , Egypt 1998.09 - 2002.05
Skills
Excel
Reading
Literature, poetry and history
Timeline
Chief Accountant
Abdulsamad Alqurashi
2023.01 - Current
Senior Accountant
Abdulsamad Al-Qurashi
2008.03 - 2022.12
Accountant
Hilyfood
2006.10 - 2008.03
Junior Tax Accountant
Ezz Al Arab
2003.09 - 2006.09
Bachelor of Arts - Faculty Of Commerce
Al Mansoura University
1998.09 - 2002.05
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