Khalid Alsharkas, CPA

Experience

• 

  Holiday Inn Express

  Mar 1993 - Apr 1996

  Accounting Manager
• 

  Triangle Auto Group

  May 1996 - Aug 2001

  Chief Financial Officer
• 

  Mega International Ltd

  Sept 2001 - Jun 2008

  Senior Internal Auditor

  • Performed and controlled the full audit cycle including risk management and control management over operations’ effectiveness, financial reliability and compliance with all applicable directives and regulations• Determined internal audit scope and developed annual plans while maintaining open communication with management and audit committee• Obtained, analyzed and evaluated accounting documentation, previous reports, data, flowcharts etc.• Acted as an objective source of independent advice to ensure validity, legality and goal achievement• Identified loopholes and recommend risk aversion measures and cost savings• Conducted follow up audits to monitor management’s interventions• Engaged in continuous knowledge development regarding sector’s rules, regulations, best practices, tools, techniques and performance standards Show less

• 

  Sam’s Accounting & Tax

  Jul 2008 - Nov 2015

  Senior Accounting & Tax Manager

  • Built new and existing client relationships while Facilitating and managing the preparation and review of company federal tax returns and the accurate, timely filing of all tax forms.• Ensured accurate, timely filing of consolidated income tax returns and other business-related filings.• Provided support with various internal audits and special tax related projects. Found and implemented opportunities for process improvement in company tax procedures.• Managed members of the tax team as they prepare components of the company’s income tax return and other tax documents. Mentored members of tax team to greater levels of effectiveness and engagement.• Planed for and developed overall return calendar and coordinate timing and inputs with tax team. Review tax returns and quarterly/yearly tax projections.• Industry - Retail, Construction, Manufacturing, Non Profit, Individual (Small to Mid-Size) • Tax forms – T2, T2 Corporation Income Tax Return, T657 Capital Gain Deduction, T2SCH3 – Taxable Dividends Paid , T1 Individual Tax Return, Etc Show less

• 

  Tax Max Services

  Jan 2016 - now

  Senior Accounting & Tax Manager

  • Managed the monthly financial close process, including ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation• Participated in the ongoing development/establishment of accounting policies and procedures and operational strategies including the review and implementation of process and system changes.• Continued focus on improving system efficiencies and business practices• Interacted at all levels to produce timely, efficient and accurate month-end close and all internal management and financial reporting through annual report• Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements and has ultimate authority over classification and booking of all transactions• Made recommendations for changes as needed and ensured that company policies and procedures were followed and established the proper techniques to discover and prevent fraud• Prepared detailed journal entries and account analyses• Industry - Retail, Construction, Manufacturing, Non Profit, Individual (Small to Mid-Size) • Tax Forms- 1120,1040,990,941,etc • Provisions - FAS 109, ASC 606. ASC 718, ASC 842 , etc• SEC forms - Proxy Statement, 10-K Report, 10-Q Report, 8-K Report, Schedule 13D Show less