Hesham Elsersi

startup a new branch for my Saudi company in kuwait

from trade license issuance till its become one of the huge competitor in Kuwait .

then get back to main tasks

• Assigning accounting tasks or projects to a company’s finance and accounting staff
• Developing a company’s financial and accounting policies, workflows and methods after consultations with heads of finance
• Managing a team of Accountants working on a company’s projects
• Auditing accounts to ensure they comply with the company’s policy regulations and the nation’s laws
• Providing all accounting and financial reports and documents needed by the company’s external auditors
• Evaluating a company’s financial transactions to ensure they comply with generally accepted accounting principles (GAAP)
• Calculating and filing corporate tax returns for the company to the nation’s revenue authorities
• Reviewing financial statements to pinpoint possible fraud and errors

• Managing and overseeing the daily operations of the accounting department ( accounts payable/receivable,cash receipts,general ledger,payroll and utilities, capital assets reconciliations ,trust account statement reconciliations, fixed asset activity,debt activity
• Monitoring and analyzing accounting data and produce financial reports or statements
• Establishing and enforcing proper accounting methods, policies and principles
• Meet financial accounting objectives

• Check all the journal vouchers made by payable team , attached with the purchase request, purchase order and invoice for local suppliers in addition to certificate of origin packing slip bill of landing , and freight charges for Foreign suppliers .
• request a fund for the due invoices payment on weekly & monthly basis .
• proceed with payment - once receive the payment request getting the required approvals - then proceed with the payment either online transfer or through Cheque.
• Collaborated with procurement to optimize vendor selection and cost-saving opportunities.
• Trained and supported new hires to educate on process flow and interdepartmental procedures.
• Kept high average of performance evaluations.
• Assisted in budget preparation by providing accurate historical data related to expenses/payments made through Accounts Payable department.
• Coordinated with auditors during annual audits, providing necessary information to ensure a timely completion of the audit process.
• Interacted with corporate vendors, upper management and peers.
• Reduced payment errors by closely monitoring and reconciling vendor statements.
• Completed month-end closings with journal entries and reconciling accounts.
• Reviewed open purchase orders for integrity, accuracy and completeness of vendor information.

• Processed all vendor invoices promptly in accordance with company policy.
• Mentored junior staff members to improve their understanding of accounting principles and practices.
• Troubleshot and resolved escalated issues pertaining to vendor disputes, payment discrepancies or delays in a timely manner, maintaining positive relationships with suppliers.
• Verified validity of charges listed on payment orders for yearly audits.
• Processed check disbursements and reconciled related ledger.
• Reviewed open purchase orders for integrity, accuracy and completeness of vendor information.
• Maintained accurate records of all financial transactions within the accounts payable department.
• Used critical thinking to break down problems, evaluate solutions and make decisions.

• worked for the holding company- cost center -managed all the affiliates transactions , funds, admin fees , new projects biding fees
• Reconciled accounts and reviewed expense data, net worth, and assets.
• make the payroll voucher
• Served as a key liaison between the accounting department and other functional areas within the company, working closely with managers to address financial issues that may impact their respective profit centers or divisions.
• Compiled general ledger entries on short schedule with 100% accuracy.
• made the closing vouchers , accruals , assets depreciation

• Managed fixed assets register, ensuring accurate depreciation calculations and proper asset disposal procedures were followed.
• Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
• Streamlined the fixed assets management process by implementing new software tools and automation techniques.