
Obaida Sallam
Accounting Manager at Mill Production for Entertainment, Events, Digital Media, and Digital Printing
Riyadh, Saudi ArabiaWork Experience
Mill Production for Entertainment, Events, Digital Media, and Digital Printing
Jan 2022 - Present -3 yrs, 5 months
Saudi Arabia
- Job Details:Develop and implement financial strategies, policies, and procedures to achieve organizational goals and objectives. Lead the annual budgeting process, including the creation of financial forecasts, targets, and variance analysis. Conduct financial analysis and provide insights to senior management for effective decision-making. Monitor financial performance against budgets, identify variances, and recommend corrective action. Oversee the monthly, quarterly, and year-end closing processes, ensuring accuracy and compliance with accounting standards and regulations. Prepare accurate and timely financial statements, reports, and presentations for management. Evaluate the company’s financial performance through detailed analysis of financial results, ratios, and key performance indicators (KPIs). Ensure compliance with accounting standards, regulations, and local tax requirements. Establish and maintain robust internal controls to safeguard company assets and ensure compliance with policies and procedures. Liaise with tax advisors, and regulatory authorities as needed. Coordinate with external auditors during annual audits and manage the preparation of audit schedules and documentation. Manage the organization's cash flow, including monitoring cash balances, cash forecasts, and liquidity requirements.
Arab Builders for Decoration Co.
Jan 2019 - Jan 2022 -3 yrs
Saudi Arabia
- Job Details:Managed day-to-day accounting operations, including journal entries, general ledger maintenance, and account reconciliations. Reviewed financial transactions for accuracy, compliance, and proper documentation in line with company policies. Prepared weekly, monthly, and annual financial reports, including P&L statements, balance sheets, and cash flow statements. Monitored bank transactions and prepared monthly bank reconciliations. Managed payroll processing, leave status updates, and employee clearances in compliance with MOL regulations. Prepared VAT returns, Zakat declarations, and other statutory filings. Evaluated and improved computerized accounting systems, providing recommendations to the IT team for enhanced performance. Assisted in auditing activities by preparing documentation and addressing audit findings. Studied and evaluated governmental tenders, preparing financial and technical offers, including bank guarantees and pricing.
Smart Care for Trading & Contracting Co.
Jan 2015 - Jan 2019 -4 yrs
Saudi Arabia
- Job Details:Managed accounts payable/receivable, payroll, and inventory transactions, ensuring accurate and timely recording. Conducted weekly bank reconciliations and processed monthly petty cash transactions. Prepared P&L reports, balance sheets, and other financial statements for management review. Issued purchase orders and monitored the procurement process from payment to goods receipt. Conducted periodic inventory and fixed asset counts, ensuring alignment with financial records. Prepared monthly sales reports, costing reports, and salesperson commission reports.
Security World Est. (for Security Systems & Technology)
Jan 2012 - Jan 2015 -3 yrs
Saudi Arabia
- Job Details:Posted journal entries for sales, purchases, payroll, and inventory transactions. Prepared payment cheques and managed petty cash disbursements. Generated financial reports, including P&L statements and balance sheets. Monitored accounts receivable/payable and reconciled supplier/customer balances.
Education
Bachelor's Degree in Economics
Damascus UniversityJan 2011 - Jan 2011 - 0 Month