Ahmad Khabour
Amman
Summary
A detail-oriented and driven Chief Accountant with over 10 years of experience in managing company financials, accounts, and records. Seeking a challenging position with a reputable organization where can leverage skills and expertise in financial analysis and reporting to drive business growth.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Chief Accountant
Kawar Group
05.2022 - Current
- Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Oversee and manage the accounting department, including accounts payable, accounts receivable, payroll, and general ledger teams.
- Monitor cash inflows and outflows, forecast cash needs, and maintain liquidity for daily operations.
- Lead audit activities, manage findings, and assist financial audits for compliance.
- Oversee the facility's annual budget and lead strategic planning and forecasting activities.
- Provide financial analyses for operational improvements and decision-making.
- Manage the accounting team, resolve complex issues, and promote professional growth.
- Train, mentor, and supervise the accounting staff to ensure optimal performance and productivity.
- Prepare monthly payrolls, including social security, income tax, and health insurance.
- Reconcile bank accounts and financial settlements, ensuring accurate and timely processes.
- Prepare profit and loss statements for all departments (sea, air, land freight, and clearance).
- Ensure receivables compliance and generate accurate accounts receivable/payable reports.
- Prepare and submit reports to the General Manager.
- Identify errors and suggest improvements for efficiency and spending.
- Follow up on receivables to ensure they do not exceed granted facilities.
- Prepare monthly closing entries.
- Manage and pay customs declarations and clearance.
- Monitor transactions between accounting and shipping systems.
- Follow up on customer accounts, fill out invoices, and match accounts.
- Perform monthly financial statement analysis, variance analysis, and trend analysis for the management team.
Chief Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
01.2020 - 04.2022
- Lead and supervise the accounting team.
- Analyze and evaluate manufacturing operations, equipment availability, utilization, production costs, and recommend changes.
- Conduct cost-benefit analyses.
- Assess inventory valuations.
- Ensure timely and accurate month-end close for production and manufacturing expenses.
- Investigate monthly variances in labor, materials, and overhead.
- Establish standard costs, overhead rates, and raw material costs.
- Develop and implement cost standards for materials and labor.
- Oversee raw material and supply purchases; document expenditures.
- Prepare and review product costing on a daily, monthly, and annual basis.
- Monitor purchasing, accounts payable, costing, accounts receivable, and shipping for quality assurance.
- Prepare financial statements: income statements, balance sheets, cash flow statements, equity changes, and closing entries.
- Generate and distribute monthly reports on manufacturing results, production variances, and cost analysis.
- Ensure timely submission of monthly, quarterly, and annual financial reports.
- Report to CFO and Finance Manager on costing and purchasing issues; collaborate on cost analysis, inventory management, and production planning.
- Completed year-end closing processes with controllers and external auditors.
- Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
- Prepared monthly journal entries and reconciliations.
Senior Cost Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
01.2017 - 12.2019
- Prepare variance analysis reports for inventory, manufacturing costs, and standard cost variances.
- Compile and prepare cost of goods sold (COGS) and production reports.
- Execute monthly closing entries.
- Generate monthly reports with detailed cost analysis.
- Reconcile and maintain balance sheet accounts.
- Calculate labor absorption costs.
- Manage product costing, manufacturing costs, and inventory accounting activities.
- Review and update fixed assets and depreciation schedules.
- Compile and analyze account information for asset, liability, and capital entries.
- Perform account reconciliations to ensure general ledger accuracy.
- Monitor unit cost variances.
- Reconcile beginning raw materials, work-in-progress, and finished goods stock.
Junior Cost Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
03.2014 - 12.2016
- Analyzed variances between actual costs and budget forecasts, providing valuable insights for management to make informed decisions on resource allocation.
- Enhanced cost analysis by streamlining data collection processes and improving report accuracy.
- Prepare and record daily journal entries, purchases and sales transactions.
- Prepare, Compile and file annual income tax and sales tax returns.
- Prepare payroll, including calculating salaries, social insurance, and income taxes.
- Handle refunds, process returned checks, and manage bad debts.
- Reconcile bank accounts and financial settlements.
- Manage client relationships and transactions, including following up on invoices and checking customer accounts.
- Verify and ensure inventory accuracy against reported transactions.
- Prepare and maintain depreciation schedules for fixed assets.
Education
BBA - Accounting
Applied Science Private University
Amman, Jordan10.2017
Skills
- Accounts Payable and Receivable
- Internal Audit
- Chart of Account
- IFRS
- Communication skills
- Cost Accounting
- ERP system
- Financial Analysis
- Financial Statement
- Financial Reporting
- Internal Control
- Inventory Management
- Microsoft Office
- Payroll
- Reconciliation
- Tax Accounting
- Team Leadership
- Variance Analysis
- Budgeting and Forecasting
- Risk Management
- Fixed asset accounting
- Expense allocation
Accomplishments
- Supervised team of 10 staff members.
- Used Microsoft Excel to develop inventory tracking spreadsheets.
Certification
- IFRS - International Financial Reporting Standard
- CFM - Certified Financial Management
- Excel
- Reading Financial Statements
Timeline
Chief Accountant
Kawar Group
05.2022 - Current
Chief Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
01.2020 - 04.2022
Senior Cost Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
01.2017 - 12.2019
Junior Cost Accountant
Al-Hashmieh Gate Factory for Iron & Steel Industry
03.2014 - 12.2016
BBA - Accounting
Applied Science Private University
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