Ibrahim Ahmed Eliraqi

Accounting ManagerFull Time

• Job Details:Key tasks include but are not limited to the following: • Supervise two accounting administrators, and indirectly oversees the administrators at each plant, and responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner using QuickBooks Enterprise. • Manage the monthly and quarterly consolidating closing process, GL reconciliations and detailed account analysis. • Manage the annual audit process and interact with external auditors on technical accounting issues. • Ensured an accurate and timely monthly, quarterly, year end close, and the timely reporting of all monthly financial information. • Manage and work closely with the Corporate, Regional and Location finance staff to make sure that all transactions was accurately and timely recorded in the books. • Collect and analyze data on deferral of revenue and costs and make appropriate recommendations. • Investigate variances in budgets, reporting, internal controls, and general accounting; deploy measures to resolve variances. • Participate in preparation process of the budget and forecasting for Sales and Cash flow. • Supervise payroll processing, Accounts receivable and Accounts Payable aging statement and manage payments and credits. • Maintain fixed asset module and calculate, and record monthly depreciation expense. • Perform periodic budgeting modeling to project monthly cash requirements and forecasting. • Maintained, developed and leaded the implementation of accounting policies for IFRS, including the implementation of new accounting standards. • Responsible for financial management, co-ordination with Banks/Financial Institutions for arranging and availing Long term and short term facilities; Finalization of Company Accounts. • Supervise and manage the issuing of letters of credit, letters of guarantee, Bid bonds, Performance bonds. • Develop monthly, quarterly and annual profit and loss statements and balance sheets. • Analyze, review, and audit overall general ledger and expense payable systems. Achievements • Increase gross profit up to 26% by analyzing new projects costs, contribution margin and reduce currying costs. • Develop and implemented new procedures, financial databases, analysis of revenues / expenses and other features to enhance the workflow of the accounting department. • Decrease company costs by 35% through accurate financial modeling, budgeting and process improvements. • Minimize and managed the risk of foreign currency exchange by applying hedging for multi currency transaction.

Senior AccountantFull Time

• Job Details:Key tasks include but are not limited to the following: • Work with management at the project level to ensure expense plans ware achieved, and develop annual expense plan goals. • Maintain fixed asset module, calculate and record monthly depreciation expense. • Monitor payments due from clients and promptly contacted clients with past due payments. • Reconcile discrepancies between accounts receivable general ledger account and accounts receivable trial balance account. • Reconcile vendor statements and handled payment complaints or discrepancies. • Supervise invoice processing, purchase orders, expense reports, credit memos and payment transactions. • Enter financial data into the company accounting database to be verify and reconciled. • Manage and respond to all correspondence and inquiries from customers and vendors. • Prepare payroll statement and payment according to HR recording and WPS. • Prepare and review journal entries and account analysis, Monthly Reporting of Financial Statements for all divisions. • Participate in the monthly / quarterly close process, which included preparing accruals, monthly journal entries. • Perform monthly reconciliations and analysis of all Balance Sheet accounts. • Analyze actual costs compared to budget and forecast while preparing variance analysis for management. • Review collection reports to determine the status of collections and the amounts of outstanding balances. Achievements • Reduce billing errors by 90% and process time by 75% for clients by improving management of bill audit and process. • Reduce the total inventory costs with around 42% by applying Just In Time “JIT” purchasing policy to avoid the risk of obsolescence and expiration adjustments.

AccountantFull Time

• Job Details:Key tasks include but are not limited to the following: • Generate financial statements and facilitated accounts closing procedures each month. • Prepare accurate financial statements at end of the quarter. • Prepare financial pages for presentation to senior management. • Monitor payments due from clients and promptly contacted clients with past due payments. • Prepare daily journal entries, general ledger account reconciliation, and weekly sales reports. • Research and resolved accounts payable discrepancies. • Generate invoices upon receipt of billing information and tracked collection progress. • Enter financial information and payments to guarantee that employees and vendors were pay accurately and on time. • Reconcile company bank, credit card and line of credit accounts.