NestléChief Accountant
Apr. 2017 - Oct. 2023Jeddah, Makkah, Saudi ArabiaPart of the International Financial Reporting Standards (‘IFRS’) implementation team • Handling Financial statement analyses which includes the analyses of different rations related to manufacturing industry • Preparation, filling and submission of VAT Return on a monthly basis • Handling cycles of payroll and supplier’s payables • Allocating of expense to its relevant Cost centers and handling of accruals and prepaid accounts. • Handling warehouse cycle, from initiating PO, SRV to the allocation of materials cost • Control of cash cycle procedures and reconciliations • Reporting of sales on daily basis to management, presiding of bank transaction & reconciliations, Collect monthly timesheets. • Calculate bonuses and allowances • Prepare employees compensation by the end of each month using payroll software • Schedule bank payments or hand out paychecks directly to employees • Distribute payment statements and gather signed receipts (digital or paper) • Report on payroll expenses • Ensure wages and tax withholdings comply with regulations • Enter new employees’ data (e.g. bank accounts and tax identification numbers) into internal databases • Answer questions about compensation, benefits, other deductions