Mahdi Balharith
KSA, Eastern Region, Khobar
Summary
Dynamic Treasury Accountant with a proven track record at Leejam Sports Company, adept at cash management and bank reconciliation. Enhanced financial reporting accuracy and streamlined processes, showcasing strong problem-solving abilities. Skilled in Microsoft Excel and fostering teamwork, driving improved liquidity insights and operational efficiency.
Overview
5
5
years of professional experience
Work History
Treasury Accountant
Leejam Sports Company ( Fitness Time )
06.2024 - Current
- Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
- Maintained current and accurate database of company's bank accounts, account signers, authorized users, and security controls.
- Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels.
- Open a new bank account and virtual account, and new deposit card, and authorization. Also, POS arrangements with banks for branches of the company, and LC and SBLC arrangements. Bank guarantee arrangements (BID/ Performance/ Advance), and Buy now Pay later services (Tabby, Tamra) admin (Doing the refunds and captures on Portals).
- Cash Deposits and managing the safe of the company.
- Create PPRs to add invoices for transfers, SADAD and MOI. Also, upload payments in banks to prepare the summary for approvals.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Streamlined cash management processes, implementing efficient payment and receipt tracking systems.
- Improved cash flow forecasting by analyzing historical data and monitoring economic trends.
- Enhanced financial reporting accuracy by conducting thorough daily bank reconciliations for company accounts.
General Accountant
ALI HUSSIAN ALYAMI & PARTNER COMPANY
03.2020 - 06.2024
- Managed accounts payable and receivable functions, maintaining accurate records and timely payments to vendors while collecting outstanding invoices.
- Supported month-end closing process by preparing financial statements, variance analyses, and account reconciliations.
- Assisted with budget preparation, monitoring expenses, and providing timely updates to management on variances.
- Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.
- Streamlined accounting processes for increased efficiency in daily operations.
- Ensured tax compliance by preparing quarterly sales tax returns and assisting with annual income tax filings.
- Collaborated with external auditors during year-end audits, ensuring compliance with regulations and accurate financial reporting.
- Contacted customers to immediately find resolutions for escalated issues.
- Trained and mentored junior staff members on various aspects of general accounting principles, software applications, and best practices in order to foster a culture of continuous learning and professional development.
- Served as a key liaison between the accounting department and other functional areas within the company, working closely with managers to address financial issues that may impact their respective profit centers or divisions.
- Contributed to the successful completion of numerous special projects involving complex accounting research assignments, ad hoc reporting requests from senior leadership teams, or other non-routine duties as assigned.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Diminished outstanding debts by analyzing accounts for issues.
- Maintained integrity of general ledger and chart of accounts.
- Provided journal entries and performed accounting on accrual basis.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Handled day-to-day accounting processes to drive financial accuracy.
Education
Bachelor of Arts - Finance And Economics
Tennessee State University
Nashville , Tennessee , United States Of America12-2019
Skills
- Month end close
- Journal entries
- Bank reconciliation
- Accounts receivable
- Cash management
- Accounts payable
- Microsoft Excel
- Audit preparation
- Tax compliance
- Teamwork and collaboration
- Problem-solving abilities
- Critical thinking
Languages
English
Advanced (C1)
Arabic
Bilingual or Proficient (C2)
Timeline
Treasury Accountant
Leejam Sports Company ( Fitness Time )
06.2024 - Current
General Accountant
ALI HUSSIAN ALYAMI & PARTNER COMPANY
03.2020 - 06.2024
Bachelor of Arts - Finance And Economics
Tennessee State University
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