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
General ledger
GAAP accounting
Monthly financial statements
Full-cycle accounting
Excel
Budget Analysis
Annual reports
Financial Management
Bookkeeping
Profits and losses tracking
Cash Flow analysis
Audit support
Annual budget preparation
Month-end close
Financial transactions
Calculating liabilities
Cost savings options
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