Augusto Santos, CPA
Al Khobar,Kingdom Saudi Arabia
Summary
Experienced Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Capable of handling detail-oriented work in methodical and organised fashion. Seeking challenging, growth-oriented position where field expertise, resourcefulness and diligence can make positive impact on business operations.
Overview
23
23
years of professional experience
4
4
years of post-secondary education
1
1
Certification
Work History
Senior Accountant
Exact Technical Solutions Co. (Al Rashed Group)
Al Khobar, Kingdom of Saudi Arabia
10.2021 - Current
- Financial Reporting: Responsible for preparing financial statements, including balance sheets, income statements, and cash flow statements, in accordance with accounting standards and regulatory requirements. Ensure the accuracy and completeness of financial data and reports for internal and external stakeholders.
- General Ledger Management: Oversees the maintenance of the general ledger, including posting journal entries, reconciling accounts, and reviewing account balances. Ensure that transactions are recorded accurately and in compliance with accounting principles.
- Internal Controls: Establishes and maintains internal controls to safeguard the organization's assets, prevent fraud, and ensure compliance with policies and procedures.
- Budgeting and Forecasting: Assists in the development of annual budgets and forecasts by providing financial data, analyzing trends, and identifying areas for cost savings or revenue generation.
- Tax Compliance: Ensures compliance with tax laws and regulations by preparing and filing VAT returns, coordinating with external tax advisors.
Branch Chief Accountant
Warehousing & Logistic Services Co. (LSC)
Dammam, Kingdom of Saudi Arabia
02.2012 - 09.2021
- Reviewing posting & Reconciling intercompany transactions.
- Reviewing the Monthly closing transactions of different accruals or provisions.
- Reviewing reconciliation of accounts receivables, accounts payables & different balance sheet accounts for the month end closing process.
- Reviewing & Posting bank accounts' transactions & Doing monthly bank reconciliation for closing purposes.
- Reviewing payroll for the employees.
- Performing the Costing process analysis through allocation of direct costs & factory overhead expenses related to specific projects on a monthly basis.
- Costing Analysis and review, check the profitability status per each order & for each profit center. Performing budgets variance analysis for budgeted and actual data for all sales orders & verifying any differences on a monthly basis.
- Supporting tax compliance by preparing different required tax returns on a monthly basis like Value Added Tax (VAT), Withholding Tax Return.
- Maintaining financial records, preparing financial statements, and ensuring accuracy in financial transactions.
- Handling tasks such as reconciling accounts and sales, managing accounts payable and receivable.
- Preparing and assisting with budgeting and forecasting.
Chief Accountant
Saudi Fal Co, Ltd, - Fal World Express Division
Al Khobar, Kingdom of Saudi Arabia
12.2000 - 01.2011
- Ensure an accurate and timely monthly and year end closing.
- Ensure the timely reporting of all monthly financial information.
- Ensure the accurate and timely processing of positive pay transactions.
- Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
- Develop and implement policies and procedures with emphasis on internal controls
- Collaborates with the other department managers to support overall department goals and objectives.
- Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
- Responds to inquiries from the General Manager and the Group CFO and other managers regarding financial results, special reporting requests and the like.
- Supervise the general ledger group to ensure all financial reporting deadlines are met.
- Assist in development and implementation of new procedures and features to enhance the workflow of the department.
- Preparing monthly Financial Reports such as Balance Sheet & Income Statement and annual budget.
- Assist the queries of Internal & External Auditors during year end audit.
Education
Bachelor in Accountancy - Accounting
Polytechnic University of the Philippines (PUP)
Sta.Mesa, Manila, Philippines 06.1987 - 04.1991
Skills
- Knowledge of accounting principles, and proficiency in financial software
- Proficient in JD Edward, ERP Oracle, ACCPAC, & Microsoft Office Excel & Word
- Saudi VAT Law understanding
- Budget analysis
- Payroll processing
Certification
- University credentials and other certificates available upon request.
- Saudi Organization Certified Public Accountant (SOCPA) Membership
Timeline
Senior Accountant
Exact Technical Solutions Co. (Al Rashed Group)
10.2021 - Current
Branch Chief Accountant
Warehousing & Logistic Services Co. (LSC)
02.2012 - 09.2021
Chief Accountant
Saudi Fal Co, Ltd, - Fal World Express Division
12.2000 - 01.2011
Bachelor in Accountancy - Accounting
Polytechnic University of the Philippines (PUP)
06.1987 - 04.1991
- University credentials and other certificates available upon request.
- Saudi Organization Certified Public Accountant (SOCPA) Membership
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