Riyadh, Saudi Arabia
At Ledar Investment, our financial acumen ensures precision in all transactions, from ledgers to comprehensive reports. With the backing of my Bachelor's degree in Accounting and Finance from Alzaiem Alazhari University, the team and I bolster our company's financial integrity using advanced tools like Dynamics 365 and QuickBooks. Our work as Cost Specialists at Special Food Company empowers us to contribute significantly to budgeting strategies, enhancing operational effectiveness. With a robust foundation in B2B E-Commerce, we are committed to propelling financial performance and efficiency within the industry.
As a Group Senior Accountant at Ledar Group, I specialize in overseeing financial reporting and accounting functions across the organization. With a strong background in GAAP and IFRS, I manage the preparation of consolidated financial statements, ensuring compliance and accuracy. I lead the monthly, quarterly, and annual closing processes, collaborating with cross-functional teams to streamline financial operations. My analytical skills enable me to provide valuable insights and recommendations to senior management, supporting strategic decision-making and effective budgeting. I hold a Bachelor’s degree in Accounting and am a CPA, with extensive experience in senior accounting roles. I am passionate about driving financial excellence and fostering professional growth within my team.
Record and review financial transactions including accounts payable, accounts receivable and general ledgers. Ensures the accuracy and completeness of financial information in accordance with accounting principles and operating principles of the company. Prepare accurate and timely financial reports, including income, balance sheets and cash flow statements. Analyse financial data to identify trends, fluctuations, and opportunities for financial improvement. Assists in preparing regular financial reports for management and external stakeholders. Assists in monthly and year-end closing processes, ensuring all financial transactions are properly recorded and reconciled. Prepare accounting records, record the necessary adjusting entries, and prepare financial statements. Manage accounts payable processes including invoice processing, payments and vendor communication. Track receivables, invoices, traditions and reconcile customer accounts. - Collaborate in the preparation of annual budgets and periodic financial forecasts. Track actual financial performance against budgets and forecasts, identify deviations and report them to management. Assists with tax compliance by preparing tax returns and ensuring compliance with relevant tax laws and regulations. Work with tax advisors to optimize tax strategies and minimize liabilities. Assists in maintaining internal controls to ensure compliance with accounting policies and procedures. Participate in internal and external audits by providing accurate and organized financial information. The General Accountant operates primarily in an office environment, utilizing various financial management software and collaborating with finance team members.
1- Cost Analysis and Reporting: Conduct cost analysis and monitor expenses across various departments or projects. Gather and analyze financial data to identify cost drivers, trends, and areas for improvement. Prepare cost reports, including variance analysis, cost forecasts, and budget comparisons. Provide accurate and timely cost information to management for decision-making purposes. 2- Cost Estimation and Budgeting: Collaborate with project managers or relevant stakeholders to develop cost estimates for new projects or initiatives. Assist in the budgeting process by providing cost inputs, analyzing budget proposals, and ensuring alignment with financial goals. Monitor budget performance, track actual costs against planned costs, and identify discrepancies or deviations. 3- Cost Control and Optimization: Implement cost control measures to minimize expenses and maximize cost efficiency. Identify cost-saving opportunities and recommend strategies to reduce costs without compromising quality or productivity. Collaborate with cross-functional teams, such as procurement, operations, and finance, to implement cost-saving initiatives. 4- Costing Systems and Processes: Develop and maintain costing systems, methodologies, and tools to accurately track and allocate costs. Ensure the integrity and accuracy of cost data and cost accounting processes. Continuously improve cost accounting systems and processes to enhance efficiency and effectiveness. Financial Analysis and Decision Support: Provide financial insights and analysis related to costs, profitability, and return on investment. Support management in evaluating investment decisions, pricing strategies, and cost implications of business initiatives. Assist in the development of financial models and scenarios to assess the financial impact of potential changes or decisions.
- Managed daily accounting operations, including accounts payable, accounts receivable, and general ledger entries. - Prepared and analyzed financial statements, ensuring accuracy and compliance with GAAP/IFRS standards. - Conducted monthly, quarterly, and year-end closing processes to support timely reporting. - Reconciled bank statements, vendor accounts, and intercompany transactions to maintain financial accuracy. - Assisted in budgeting and forecasting to support strategic financial planning and decision-making. - Collaborated with auditors during internal and external audits, providing necessary documentation and explanations. - Utilized accounting software such as [name software, e.g., QuickBooks, SAP] to streamline financial processes and enhance efficiency. - Ensured compliance with tax regulations and assisted in the preparation of tax returns and filings.
Provided personalized insurance solutions by assessing clients' needs and recommending suitable policies, including life, health, property, and casualty insurance. Educated clients on policy features, benefits, and coverage options to ensure informed decision-making. Built and maintained strong relationships with clients, resulting in high retention rates and referral business. Conducted policy reviews to update coverage and address changing client needs. Managed the complete sales process, including lead generation, prospecting, and closing deals. Ensured compliance with regulatory requirements and company guidelines in all client interactions. Achieved or exceeded sales targets through effective marketing strategies and exceptional client service.