Ahmed Yousef,VAT Specialist

Experience

• 

  THE OFFICE OF THE LEGAL ACCOUNTANT AHMED MADI

  Aug 2012 - Oct 2013

  Accountant

  - Developed comprehensive accounting manuals and implemented integrated accounting systems forcompanies.- Prepared and filed sales tax and commercial and industrial profit tax declarations.- Conducted thorough audits of company documents for sales tax and general tax compliance.- Provided oversight and correction of accounting errors made by company accountants.- Prepared year-end financial statements for various types of businesses, including industrial, commercial, service, contracting, and import/export companies.- Conducted in-depth reviews and analysis of budget items, income statements, and financial statements. Show less

• 

  FORMAT COMPANY

  Nov 2013 - Oct 2014

  Accountant

  - Designed comprehensive document and ledger cycles for the company.- Prepared and maintained accounts for customers and suppliers, diligently tracking monthly obligations.- Managed payroll processing, including the preparation of associated journal entries.- Conducted monthly warehouse inventory audits and successfully reconciled inventory settlements.- Prepared monthly financial statements and reports for the company, providing critical insights fordecision-making. Show less

• 

  Jazan Inn Hotel

  Nov 2014 - Nov 2018

  - Oversaw all financial aspects of the hotel's operations.- Maintained accurate financial records and ensured compliance with accounting standards andregulations.- Prepared financial forecasts to support decision-making and strategic planning.- Managed menu costing and monitored food and beverage costs.- Conducted periodic inventory audits and ensured reconciliation.- Processed supplier payments and settled invoices via the hotel's bank portal.- Submitted salary protection files for all Al-Watan Al-Shamikh Group branches.- Managed accounts receivable to ensure timely collection of revenue.- Monitored and managed cash flow to meet operational needs and make investments.- Prepared and uploaded monthly VAT declarations to the tax authority's website.- Negotiated contracts and maintained relationships with suppliers.- Collaborated with the management team to develop financial strategies aligned with hotel objectives.- Provided training and development opportunities for the finance and accounting team.- Presented financial reports to senior management, ownership, and stakeholders. Show less - Recorded expenses and bank transfers in the accounting software.- Monitored monthly dues and ensured the timely payment of utility bills such as electricity, water, andtelephone.- Reviewed and approved purchase requests and procurement invoices, ensuring strict adherence to thedocument cycle.- Calculated costs for each menu item and banquet in the restaurants.- Conducted monthly inventory audits in both warehouses and operational departments and presenteddetailed inventory reports and associated costs to management.- Prepared financial reports and statements to provide insights into expense trends and variances.- Worked with the team to optimize procurement processes and reduce purchase costs.- Ensured the proper documentation and filing of all financial records and invoices. Show less

  • Accountant Manager

    Feb 2016 - Nov 2018

  • Payables And Cost Accountant

    Nov 2014 - Jan 2016
• 

  PARK JIZAN HOTEL

  Dec 2018 - Sept 2021

  Chief Accountant

  - Oversaw and managed all financial operations and accounting functions of the Hotel.- Collaborated closely with the executive team to create and effectively manage the annual budget.- Demonstrated expertise in financial forecasting, providing essential data for informed decision-makingand strategic planning.- Prepared, analyzed, and presented monthly, quarterly, and annual financial statements to seniormanagement, ownership, and key stakeholders.- Implemented comprehensive cost-control measures that optimized expenditure while preserving thehighest standards of quality and service.- Supervised accounts payable, leading vendor negotiations and ensuring the timely and accurateprocessing of payments.- Effectively managed accounts receivable, ensuring the prompt collection of revenue.- Monitored cash flow and adeptly managed liquidity to meet operational demands and capitalize oninvestment opportunities.- Ensured full compliance with local tax regulations, including the accurate preparation and submission of tax returns.- Orchestrated audit preparations, both internal and external, maintaining impeccable records andresponding expertly to audit inquiries.- Maintained robust vendor relationships through skilled contract negotiations and management.- Championed the professional development and training of the finance and accounting team, enhancing their skills and competencies. Show less

• 

  Royal Hospitality

  Oct 2021 - Sept 2023

  Accounting Manager

  - Supervise accounting, purchasing, and warehouse management for branches of the Royal HospitalityGroup, ensuring proper documentation and adherence to the document cycle.- Review all expenditure documents, approving them after verifying the accuracy of the attacheddocumentation. Monitor debts, collections, supplier contracts, and client accounts.- Oversee the preparation and approval of payroll statements and wages.- Supervise periodic and annual inventory audits of warehouses and fixed assets.- Prepare monthly financial statements and present them to the General Manager.- Prepare year-end financial statements and facilitate external auditors' work.- Approve and submit Value Added Tax (VAT) declarations and municipal occupancy fees for the group'sbranches.- Create and manage budgets for each hotel and department within the organization.- Conduct financial analysis to identify areas for cost reduction, revenue improvement, and profitmaximization.- Provide training and development opportunities for the finance and accounting team to enhance theirskills and knowledge.- Collaborate with the executive team to develop long-term financial strategies and goals for theorganization.- Ensure compliance with all financial regulations, tax laws, and industry standards. Show less

• 

  JAZADCO | جازادكو

  Oct 2023 - now

  Senior Accountant

  Jazan Development and Investment Co.شركة جازان للتنمية والاستثمار شركة مساهمة مدرجة