Farid Mashal
Chief Accountant
Riyadh
Summary
Seasoned Accountant bringing more than 12 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
11
11
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
Chief Accountant
Al Taleb Group
Riyadh
01.2019 - Current
- Addressed problems with accounting, billing, and service delivery to maintain and enhance client satisfaction.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Analyzed financial audit information and made recommendations to improve efficiencies.
- Drafted variance reports, regulatory filings, and related schedules.
- Reviewed budgets and communicated discrepancies to senior management.
- Developed and implemented effective accounting systems.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Oversaw accounting team in servicing diverse clients.
- Prepared monthly journal entries and reconciliations.
- Evaluated and improved financial records to make important business decisions.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Completed year-end closing processes with controllers and external auditors.
- Prepared accounts for industry audits and supported audit process.
- Wrote financial statements and consolidations after reconciling general ledger accounts.
- Set up and improved accounting systems and processes to meet business needs and maximize operational success.
SAP Consultant
Al Taleb Group
Riyadh
01.2017 - 12.2022
- Solved functional and technical obstacles and worked closely with project team from different streams.
- Trained and mentored junior staff on SAP system operations and functionality.
- Facilitated smart shopper conversion and e-commerce migration activities and tasks from SAP retail master data standpoint.
- Troubleshot incidents reported by end-users to schedule system changes and identify permanent solutions.
- Communicated and explained business requirements to team members to understand and implement functional demands.
- Architected SAP solutions by prioritizing simplicity, appropriate scale, resiliency and maintainability.
Senior Accountant
Al-Wessam Fertilizer Factory
Riyadh
01.2016 - 01.2019
- 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.
- Prepared monthly journal entries and reconciliations.
- Completed year-end closing processes with controllers and external auditors.
- Oversaw accounting team in servicing diverse clients.
- Reconciled accounts and created documents for monthly closure procedures.
- Recommended strategies to expedite filing projects and annual reporting.
Cost Accountant
Najmat Al-Wisam Plastic Factory
Riyadh
11.2014 - 01.2016
- Calculated labor and overhead rates, annually updating costs.
- Designed monthly and annual budgets design, labor and manufacturing.
- Streamlined production system of Type products, analyzing points of production to increase overall efficiency and product sales.
- Assisted with month-end closing procedures, journal entry review, balance sheet analysis and monthly management report preparation.
- Predicted, planned and recorded costs of raw materials, labor and operation.
- Monitored cost standard performance to confirm that costs met budget cost parameters.
- Conducted product inventories for clients' products and translated findings into detailed financial reports.
- Provided journal entries and performed accounting on accrual basis.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Prepared working papers, reports and supporting documentation for audit findings.
- Maintained integrity of general ledger and chart of accounts.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
General Accountant
Beauty Care Company
Riyadh
11.2012 - 11.2015
- Created and introduced updated processes for accounts receivable sub-ledger and customer attribute reporting.
- Coordinated with clients to improve accounting, payroll and tax operations.
- Examined, reviewed and gathered financial statements for government entities.
- Contacted customers to immediately find resolutions for escalated issues.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Used advanced software to prepare documents, reports, and presentations.
- Gathered financial information, prepared documents, and closed books.
- Handled day-to-day accounting processes to drive financial accuracy.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Evaluated and improved financial records to make important business decisions.
Education
Good - Accounting
07.2007 - 06.2011
Skills
Financial accounting
General ledger
Full-cycle accounting
Compliance requirements
Excel
Data conversion
Internal controls
Monthly financial statements
Financial transactions
Annual budget preparation
Month-end close
Calculating liabilities
Financial Management
Budget Analysis
Financial records review
Cash Flow analysis
Cost savings options
Account reconciliation processes
SAP expertise
Timeline
Chief Accountant - Al Taleb Group
01.2019 - Current
SAP Consultant - Al Taleb Group
01.2017 - 12.2022
Senior Accountant - Al-Wessam Fertilizer Factory
01.2016 - 01.2019
Cost Accountant - Najmat Al-Wisam Plastic Factory
11.2014 - 01.2016
General Accountant - Beauty Care Company
11.2012 - 11.2015
Faculty of Commerce - Good, Accounting
07.2007 - 06.2011