Ahmed Elshazly

• Ensure all necessary journal entries, such as accruals, deferrals, depreciation, and reclassifications, are prepared and posted
• Review and correct any errors in previously posted entries.
• Reconcile all general ledger accounts to subsidiary ledgers and other supporting documentation.
• Key reconciliations include cash, accounts receivable, accounts payable, fixed assets, inventory, and intercompany accounts
• Calculate and record accruals for expenses incurred but not yet invoiced.
• Adjust prepaid expense accounts to reflect the portion of expenses applicable to the current period.
• Calculate and post depreciation for fixed assets and amortization for intangible assets.
• Ensure fixed asset registers are up to date with any new acquisitions or disposals.
• Ensure inventory is accurately valued and any necessary adjustments for obsolescence or shrinkage are made.
• Reconcile physical inventory counts with recorded amounts.
• Reconcile all bank accounts to the general ledger to ensure that all cash transactions are recorded
• Reconcile intercompany accounts to ensure all intercompany transactions are recorded and balanced between entities
• Review the trial balance for accuracy and completeness.
• Ensure all accounts have been reviewed and adjusted as necessary.
• Prepare management reports and any additional reports required
• Ensure all relevant tax calculations and provisions are recorded.
• Prepare and file any required tax reports and compliance documents.
• Provide support for internal and external audits, including preparing audit schedules and responding to auditor inquiries.
• Close the accounting period in the financial system to prevent further entries from being posted.

Purchase Order follow-up purchase orders to ensure timely processing.

• Prepayment Recording: Accurately record prepayments As per payment terms
• Invoice Processing: Review and verify invoices for accuracy using 3-Way Match (matching purchase orders, goods receipt notes, and invoices). Ensure all invoices are processed in line with company policies
• Vendor File Maintenance: Maintain and update vendor records, ensuring data accuracy and completeness.
• Vendor Reconciliation: A monthly reconciliation of Statement of Accounts with vendors and resolves any difference
• Prepaid Expenses: Record and allocate prepaid expenses accurately across accounting periods.
• Petty Cash Management: Oversee petty cash expenses, review reports, and ensure timely and accurate recording.

• Invoice Generation: Accurate and timely invoices are crucial to ensure all details are correct to avoid payment delays.
• Delivery of Goods/Services: Fulfill orders promptly while maintaining quality to foster trust and reliability.
• Invoice Submission: Send invoices immediately after delivery and use electronic invoicing for efficiency.
• Payment Follow-Up: Monitor payment due dates and send reminders, Implement a structured follow-up process.
• Cash Application: Record received payments accurately in your accounting system to keep books updated.
• Reporting and Analysis: Regularly analyze AR aging reports to identify overdue accounts and take corrective actions.
• Credit Assessment: Evaluate the creditworthiness of potential customers to mitigate risk.

PROJECT DBU- (UNIFIED CONTRACTS) (SAUDI ELECTRIC)

• Working on SAP/Oracle/UDS for General Accounting in Unified Contract with Saudi Electric company.
• General recordkeeping like journal entries and general book-keeping duties
• Day-to-day management of accounts, including AP/AR
• Preparing reports and analysis of cashflow, profit & loss statements, balance sheets and other pertinent business financial data for this project.
• Preparing payroll & overtime for worker at site & managing all sort of timesheets.

• Verify and analyze business performance and financial data

PROJECT SMART METER (SMP)- (UNIFIED CONTRACTS) (SAUDI ELECTRIC)

• Working on SAP/Oracle/clevest application for General Accounting & Smart meter project data management with Saudi Electric company

• Auditing all subcontractor-related financial activities.

• Auditing approx. 1.5 million smart meter installation data within south region
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