Ibrahim Alsulaiman
Riyadh,Saudi Arabia
Summary
Talented Accounts Officer with experience in credit control, balance reconciliation and payroll processing. Completes tasks with focus and accuracy for reliable financial records. Keen problem-solver to minimise errors and maintain accounting order.
Overview
10
10
years of professional experience
Work history
Finance supervisor
ARX Aerospace and Defense
Riyadh
2024.10 - Current
Finance officer
ARX Aerospace and Defense
Riyadh
2021.03 - 2024.10
- SAGE 300 Financial System Operation: Utilize the SAGE 300 ERP system to process daily financial transactions, enter journal entries, manage ledger accounts, and extract precise accounting reports.
- Vendor Accounts & Procurement Coordination: Review vendor accounts and follow up with Procurement to process invoices, resolve billing discrepancies, and settle supplier balances.
- Month-End & Year-End Closings: Review and perform monthly and annual financial closing procedures to ensure balance accuracy and ledger integrity.
- Financial Policy & Process Improvement: Participate in updating and refining corporate financial policies to strengthen internal controls, improve processes, and ensure alignment with accounting standards.
- Tax Compliance & Filing: Review, prepare, and file tax returns (VAT/Tax declarations/WHT) accurately and in compliance with regulations.
- Local Content Certification: Assist the company in compiling required financial data and documentation to secure and issue the Local Content Certificate.
- Payroll Preparation & Processing: Prepare, calculate, and process monthly salaries for all employees, ensuring precise computation of basic pay, allowances, and deductions.
- Overtime & Timekeeping: Process and verify monthly overtime claims, timesheets, and attendance logs received from HR, accurately integrating them into the payroll system.
- End-of-Service & Benefits Calculation: Compute and process End-of-Service Benefits (EOSB), annual leave encashments, employee loans, and final settlements with high precision.
- GOSI Reconciliation & Adjustments: Reconcile monthly GOSI invoices against the prior month’s payroll, identifying discrepancies and executing necessary adjustments—either through employee compensation or deductions.
- Payroll Accounting & Journal Entries: Prepare and post all payroll-related journal entries, monthly accruals, and provisions (EOSB and Leave balances) directly to the general ledger, performing regular payroll account reconciliations.
Finance Department
Samnan Holding compan
Riyadh
2018.11 - 2021.03
- Auditing & Vendor Accounts: Audit and review petty cash, vendor invoices, and supporting financial documents to ensure full compliance with internal financial controls.
- SAP Financial System Operation: Efficiently utilize the SAP ERP system to perform daily accounting transactions, manage general ledgers, and maintain accurate financial records.
- Monthly Closings & Bank Reconciliations: Perform month-end financial closing activities and prepare monthly bank reconciliations to resolve discrepancies and ensure balance accuracy.
- Payment Processing: Prepare, verify, and process payment vouchers and disbursement orders for approved transactions.
- Project Financial Feasibility & Analysis: Evaluate and assess company projects through financial analysis and cost estimation to support strategic decision-making.
- Credit Control & Customer Approval: Approve customer sales invoices after evaluating their credit status, payment history, and credit limits.
- Payroll Management & Disbursement: Prepare, reconcile, and audit monthly payroll with the HR department, ensuring accurate deductions, allowances, and timely salary disbursements.
- Accounts Receivable & Collections: Monitor customer aging reports and follow up on outstanding receivables to optimize cash flow and reduce bad debt exposure.
- Financial Reporting & Analysis: Prepare monthly, quarterly, and annual financial statements and performance reports for executive management.
- Zakat & Tax Compliance: Ensure full compliance with local tax regulations (VAT, Corporate Tax, and Zakat) including accurate calculation, filing, and timely reporting.
Finance Department
The Holy Quran Memorization Association
Riyadh
2018.01 - 2018.10
- Budgeting: Prepared and managed expenditure budgets for association programs.
- Financial Auditing: Reviewed, verified, and adjusted accounting entries within the system.
- Financial Reporting: Compiled regular financial statements and analysis reports for management.
Direct sales centers
Arab National Bank (anb)
Riyadh
2016.12 - 2017.12
Co-Op training in Finance Department
Saudi Railway Company (SAR)
Riyadh
2016.05 - 2016.09
- Financial System Management: Utilize the Oracle ERP system to manage all financial and accounting operations, ensuring high data accuracy and full compliance with approved accounting standards.
- Petty Cash Management: Exercise full oversight of the petty cash fund, audit daily cash flows and supporting documents, and process replenishments according to company policy.
- Accounts Payable & Vendor Invoices: Audit and record vendor invoices, verify three-way matching against Purchase Orders (POs), and manage payment schedules and dues.
- Bank Reconciliations: Prepare and reconcile bank statements periodically, identifying discrepancies and resolving them in a timely manner.
- Business Trip Allowances & Expenses: Review and settle employee travel expenses and per diems, ensuring strict adherence to corporate travel policies.
- Filing & Document Archiving: Establish and maintain a comprehensive physical and digital archiving system to guarantee secure storage, data integrity, and quick retrieval of financial records.
Education
Bachelor of Business Administration - Accounting
Imam Muhammad ibn Saud Islamic University
Riadh2016-08
Skills
- Possess good presentation, negotiation and communication skills
- Efficiently identify and solve problem
- Hard working, quick learner and possess ability to work under stress
- Experienced in Windows and MS Office, internet programs and typing
Timeline
Finance supervisor
ARX Aerospace and Defense
2024.10 - Current
Finance officer
ARX Aerospace and Defense
2021.03 - 2024.10
Finance Department
Samnan Holding compan
2018.11 - 2021.03
Finance Department
The Holy Quran Memorization Association
2018.01 - 2018.10
Direct sales centers
Arab National Bank (anb)
2016.12 - 2017.12
Co-Op training in Finance Department
Saudi Railway Company (SAR)
2016.05 - 2016.09
Bachelor of Business Administration - Accounting
Imam Muhammad ibn Saud Islamic University