Summary
Overview
Work History
Education
Skills
Certification
ARABIC
Timeline
Generic
MOHAMMAD ZAPEN

MOHAMMAD ZAPEN

CHIEF OF ACCOUNTS
Riyadh

Summary

Seasoned Accountant bringing more than [9] 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

9
9
years of professional experience
4
4
years of post-secondary education
2
2
Certifications
2
2
Languages

Work History

CHIEF ACCOUNTANT

Support Services Co
Riyadh
09.2020 - Current
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.
  • Calculated tax owed, prepared and submitted returns and upheld compliance with all applicable laws.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Assisted team members in transitioning to new system through extensive training and one-on-one support.
  • Drafted variance reports, regulatory filings and related schedules.
  • Reviewed budgets and communicated discrepancies to senior management.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Analyzed financial audit information and made recommendations to improve efficiencies.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Prepared accounts for industry audits and supported audit process.
  • Expedited payroll and invoicing by streamlining billing systems.
  • Completed biweekly payroll and maintained employee records.
  • Assisted in upgrade and conversion of in-house financial systems.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Wrote financial statements and consolidations after reconciling general ledger accounts.
  • Developed and implemented effective accounting systems.
  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Evaluated and improved financial records to make important business decisions.
  • Liaised with clients regarding financial plans and objectives.
  • Prepared monthly journal entries and reconciliations.
  • Oversaw accounting team in servicing diverse clients.
  • Offered advice and direction to help clients better understand financial goals.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Completed year-end closing processes with controllers and external auditors.

Supervising Senior Accountant

Support Servcices Co
Dammam
09.2015 - 09.2020
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.
  • Developed and implemented effective accounting systems.
  • Reconciled balance sheets and streamlined best practices for balance sheet processes.
  • Completed biweekly payroll and maintained employee records.
  • Preparing and recording monthly provision of employee’s annual leave and end-service in accordance with local labour law.
  • Preparing and recording monthly GOSI report.
  • Oversees and preparing the monthly payment requests to sub-contractors & suppliers to ensure accuracy, timeliness, and the general integrity of the accounts payable function.
  • Respond and handle vendor inquiries including review of vendor accounts and resolve issues, such as invoicing discrepancies and incorrect information on the account.
  • Prepare monthly A/R and A/P closing and aging reports.
  • Assisting accounting manager in preparing quarterly financial reports to headquarter.
  • Preparing monthly job cost analysis for each project, calculate, and record the revenue recognition according to the percentage of completion.
  • Recording Overseeing and monitoring the clients & sub-contractors payment certificates and their retention & advance payment in accordance with their contracts.
  • Perform other duties as directed by the Accounting Manager.
  • Ensure GL reconciliation is performed monthly, quarterly, and at year-end closing.
  • Monitor overall accounting of balance sheet and income statement.
  • Interfacing with local IT consultants to test recent ERP software's implementation.
  • Preparing and recording month-end closing process including validating accruals, Prepayments journal entries, and all working schedules.
  • Review and verify data entered into the financial data processing system.
  • Forecast Cash Flow Positions and ensure the sufficient funds are available to meet ongoing operational and capital investment requirements.
  • Preparing monthly VAT reports and Withholding tax.
  • Preparing Zakat & Income tax report and filing supported by the tax consultant.
  • Follow up the entry of cash sales, Mada sales, Visa, MasterCard, sales reports and analysis

Accountant

Support Services Co
Jeddah
09.2013 - 09.2015
  • Gathered financial information, prepared documents and closed books.
  • Created budgets and forecasts for management group to meet regular accounting deadlines.
  • Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
  • Researched technical tax issues to define tax effect or impact of certain tax positions.
  • 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.
  • Identified and investigated variances to optimize financial plans and forecasts.
  • Reviewed business operations and obligations to help organization function at acceptable level.
  • Partnered with auditors to track errors and add contributions to maintain accuracy.
  • Offered advice and direction to help clients better understand financial goals.
  • Gathered data on taxable income, deductibles and allowances for tax preparation.
  • Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger.
  • Reconciled accounts and reviewed expense data, net worth and assets.
  • Prepared and filed tax forms to meet needs of customers.
  • Itemized taxpayer expenses to identify maximum adjustments, deductions and credits.
  • Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
  • Leveraged finance knowledge to strengthen controls and improve transparency.
  • Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
  • Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and cash and banking reconciliations.
  • Used advanced software to prepare documents, reports and presentations.
  • Evaluated and improved financial records to make important business decisions.
  • Handled day-to-day accounting processes to drive financial accuracy.
  • Reviewed accounting structures and procedures on regular basis to identify areas in need of improvement.
  • Tracked financial progress by creating quarterly and yearly balance sheets.
  • Modified comprehensive reporting to reflect changing financial structure.
  • Set up and improved accounting systems and processes to meet business needs and maximize operational success.

Accountant Officer

Aqaba Logistics Services Company
Amman
03.2013 - 09.2013
  • Processed payments and documents such as invoices, journal vouchers, employee reimbursements and statements.
  • Reported financial data and updated financial records in ledgers and journals.
  • Maintained accurate and complete documentation to facilitate accounting and filing functions.
  • Reviewed figures, postings and documents for correct entry, completeness and accuracy.
  • Applied proper codes to invoices, files and receipts to keep records organized and easily searchable.
  • Directed clients to appropriate accountants, answered phone calls and replied to office emails for excellent customer service.
  • Completed financial reports, providing insight into performance, operations and cash flow.
  • Monitored status of accounts receivable and payable to facilitate prompt processing.
  • Transferred data and documents to facilitate system migration and software updates.

Education

Bachelor of Arts - Accounting

Al-Balqa Applied University
JORDAN
01.2009 - 01.2013

Skills

Financial accounting

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Certification

EXCEL ADVANCED

ARABIC

Native language

Timeline

Accounting and financial management

05-2022

CHIEF ACCOUNTANT

Support Services Co
09.2020 - Current

Supervising Senior Accountant

Support Servcices Co
09.2015 - 09.2020

Accountant

Support Services Co
09.2013 - 09.2015

EXCEL ADVANCED

06-2013

Accountant Officer

Aqaba Logistics Services Company
03.2013 - 09.2013

Bachelor of Arts - Accounting

Al-Balqa Applied University
01.2009 - 01.2013
MOHAMMAD ZAPENCHIEF OF ACCOUNTS