Summary
Overview
Work History
Education
Skills
Additional Information
Languages
Timeline
Generic
MOHAMED SAYED ABDALHAFEZ KHALLAAF

MOHAMED SAYED ABDALHAFEZ KHALLAAF

Riyadh

Summary

senior accountant AP/ AR with over 7 years, experience in financial management, and financial reporting , adept at data analysis, problem solving and providing sound financial guidance,Knowledgeable about accounts payable and receivable processes, with sharp eye for detail and accuracy, Committed to on-time payments, maintaining detailed records and paying vendors on time,Skilled at fixing account and data discrepancies,Willingness to take on added responsibilities to meet team goals.

Overview

7
7
years of professional experience

Work History

Senior Accounts Payable Specialist

Almadina Holding-Hearing Aids, Optical, Pharmacies
09.2023 - Current
  • Review invoices received from suppliers/vendors and perform invoice matching with delivery notes and purchase orders.
  • Submit statement of accounts to suppliers/vendors on monthly basis and reconcile variances with suppliers.
  • Reconcile payments and resolve discrepancies between payments and invoices.
  • Ensure release of supplier payments as per the department’s purchase and credit policies along with maintain proper accounts for the supplier.
  • Prepare calques, wire-transfers, and other payments for approval by the Finance Manager.
  • Improved vendor relationships through timely payments and prompt resolution of discrepancies.
  • Collaborated with procurement team to ensure proper approval, coding, and matching of purchase orders with invoices By three-way matching.
  • Strengthened internal controls by strictly adhering to company policies and procedures in handling accounts payable transactions.
  • Facilitated cross-departmental communication to address issues related to invoicing, approvals, or payment status updates promptly.
  • Provided journal entries and performed accounting on accrual basis.
  • Reduced late payment fees by closely monitoring due dates and ensuring timely completion of payments.
  • Compiled general ledger entries on short schedule with High accuracy.
  • Maintained strong working knowledge of tax regulations applicable to accounts payable activities, ensuring compliance at all times.
  • Supported month-end closing procedures with accurate account reconciliations and necessary adjustments.
  • Developed effective working relationships with vendors through open communication and timely resolution of issues.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Handle petty cash and calculate reimbursement of all petty cash expenses
  • Trained new employees on accounting principles and company procedures.

Senior Accounts Receivable Accountant

Almadina Holding-Hearing Aids, Optical, Pharmacies
06.2022 - 08.2023
  • Apply payments received to customer accounts accurately and in a timely manner.
  • Enhanced cash flow management by accurately forecasting revenue on a monthly basis.
  • Address the root causes of recurring billing errors, resulting in fewer disputes and delayed payments.
  • Managed past due balances, financial inquiries and other accounts receivable functions.
  • Kep up-to-date with tax changes
  • Proactively identified patterns indicating potential bad debt risks, enabling early intervention to mitigate losses.
  • Established strong working relationships with customers, facilitating prompt resolution of issues impacting payment timeliness.
  • Provided support during audits by presenting well-organized documentation of accounts receivable activities and balances.
  • Tracked funds, prepared deposits and reconciled accounts.
  • Monitored timely collection and application of account receivable collections.
  • Ensured timely month-end closing by consistently meeting deadlines for reconciliations and reporting tasks.
  • Follow up with customers on overdue accounts and resolve billing discrepancies or disputes.
  • Provided critical support during system upgrades or conversions by working closely with IT staff to ensure minimal disruption to daily operations.
  • Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly.

Accountant

Red Sea Company For Trade And Industry
10.2019 - 05.2022
  • Manage all accounting transactions.
  • Handle monthly, quarterly, and annual closings.
  • Reconcile accounts payable and receivable.
  • Ensure timely bank payments.
  • Audit financial transactions and documents.
  • Reinforce financial data confidentiality and conduct database backups when necessary.
  • Comply with financial policies and regulations.
  • Completed daily cash functions like account tracking, payroll and
  • wage allocations, budgeting, donating, and cash, and banking reconciliations.
  • Reconciled accounts and reviewed expense data.
  • Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
  • Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Handle petty cash and calculate reimbursement of all petty cash expenses.
  • Record all accounts receivable transactions and ensure timely completion of accounts for the month end closing.
  • Process payroll for all employees including: current employees, terminations, status changes, deductions, direct deposits, retroactive adjustments and special pays as applicable.
  • Maintain payroll records and ensure proper approvals for adjustments to payroll.

Education

Bachelor of Commerce - Accounting

Al Azhar University
Cairo, Egypt
09.2016

Skills

  • AP operational expertise
  • Audit Support
  • Bank Reconciliation
  • Vendor Relationship Management
  • Payment Processing
  • Tax Compliance
  • Sorting receipts
  • Vendor Management
  • Backing up accounts receivable
  • Invoice Processing
  • ERP System Expertise
  • Credit Card Reconciliation
  • Foreign Currency Transactions
  • General accounting
  • Bill payment
  • Year-end reporting
  • Expense Reporting
  • Bookkeeping
  • Payment verification
  • Tax reporting
  • Statement Review
  • Account Analysis
  • Financial Management
  • New Hire Training
  • Accounts Payable
  • General Ledger Entries
  • Account Reconciliation
  • Expense Tracking
  • Vendor invoice processing
  • Payment Scheduling
  • Customer Relations
  • Inventory Management
  • Financial records and reporting
  • Accounts Receivable
  • Data Analysis
  • Bill Payment and Recordkeeping
  • Vendor Record Management
  • Effective Communication

Additional Information

I worked on many programs such as Aswaaq 6, EgySoft, Al Motakamel Resort, Scribe, and more..

Languages

Arabic
Native language
English
Upper intermediate
B2

Timeline

Senior Accounts Payable Specialist

Almadina Holding-Hearing Aids, Optical, Pharmacies
09.2023 - Current

Senior Accounts Receivable Accountant

Almadina Holding-Hearing Aids, Optical, Pharmacies
06.2022 - 08.2023

Accountant

Red Sea Company For Trade And Industry
10.2019 - 05.2022

Bachelor of Commerce - Accounting

Al Azhar University

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MOHAMED SAYED ABDALHAFEZ KHALLAAF