Omar Fathy Abdallah
Accounting Manager
Jeddah
Summary
Detail-oriented Accounting Supervisor eager to apply deep comprehension of Accounting and Finance. Strong financial analytical skills with outstanding communication and presentation abilities. Bringing 10 years of hands-on experience in different industries.
Overview
9
9
years of professional experience
5
5
years of post-secondary education
4
4
Certifications
2
2
Languages
Work History
Accounting Manager
Abdul Latif Jameel co.
Jeddah
07.2016 - Current
- Leading the Accounting receivables team.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Preparing and monitoring the customers credit limit and overdue balances reports.
- Supported change management by understanding and addressing impacts of new accounting policies, financial statement initiatives and non-standard transactions.
- Managed banking reconciliations and monthly balance sheet statements.
- Stayed on top of applicable federal and state requirements to minimize legal and financial risks.
- Reduced liabilities by accurately managing tax statements, mailings, journal entries, payments and transfers.
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy.
- Educated accounting team on forecasting, financial statuses and financial strategies to assist in annual budget creation.
- Implemented budget and expense controls and financial policies by analyzing income and expenditures.
- Initiated comprehensive account assessments to check viability, stability and profitability of business operations.
Senior Accountant
Abdul Latif Jameel Co.
Jeddah
11.2013 - 06.2016
- Supervising the day to day operations of the accounting department.
- Instrumental in entering all payable invoices once the necessary approval is obtained from purchasing division and store department.
- Maintained and recorded all accounts receivable/ payable disbursements and posted them to appropriate ledgers to ascertain efficient record keeping and retention.
• Managed the preparation of suggested cheques list as per the due date, aging report & priorities.
• Conducted follow up for collections, thus entered collections receipt vouchers in accordance with accounting principles and standards.
• Responsible for managing the monthly payroll process for all employees and for projects man power rental, whilst ensuring strict adherence to organizational policies and procedures.
• Drafted reconciliation statements of cash/bank accounts to identify accounting discrepancies and provided periodic reports to the senior management to aid corrective action.
• Assumed responsibility for posting all journals transactions including cash payments and receipts inline with accounting standards.
• Handled accounting tasks related to reconciliation for payable/receivable account, preparation of monthly bank reconciliation & monthly expenditure analysis report for all current projects, ensuring accuracy, speed and efficiency.
• Monitored projects cash flow, thus prepared - Set up and improved accounting systems and processes to meet business needs and maximize operational success.
- Developed and implemented effective accounting systems.
- Reviewed budgets and communicated discrepancies to senior management.
- Directed accounting team in timely reporting of finances for diverse client businesses.
- Oversaw accounting team in servicing diverse clients.
- Reconciled accounts and created documents for monthly closure procedures.
- Updated general ledger with latest entries.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Reviewed business operations and obligations to help organization function at acceptable level.
Accountant
Alkamal Import Office
Jeddah
10.2012 - 10.2013
- 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.
- Reconciled accounts and reviewed expense data, net worth and assets.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating and cash and banking reconciliations.
- Documented cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Supported monthly reporting analysis to achieve validation of internal reports and to reconcile production operations and general ledger.
- Evaluated and improved financial records to make important business decisions.
Education
Bachelor of Science - Accounting And Finance
Alexandria Universiry
Faculty Of Commerce 09.2006 - 05.2010
MBA - General Studies
International Business Academy of Switzerland
IBAS 08.2020 - Current
Skills
- Month-end reporting
Certification
- CMA - Certified Management Accountant
Timeline
- CSCA - Certified in Strategy and Competitive Analysis
05-2022
- CMA - Certified Management Accountant
11-2021
MBA - General Studies
International Business Academy of Switzerland
08.2020 - Current
- FMVA - Financial Modeling & Valuation Analyst
05-2019
- IFRS Certificate - ACCA
03-2019
Accounting Manager
Abdul Latif Jameel co.
07.2016 - Current
Senior Accountant
Abdul Latif Jameel Co.
11.2013 - 06.2016
Accountant
Alkamal Import Office
10.2012 - 10.2013
Bachelor of Science - Accounting And Finance
Alexandria Universiry
09.2006 - 05.2010
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