Microsoft Excel
Redha Mahfoodh
Accounting
Bahrain
Summary
Detail-oriented Accountant with over 9 years of experience and extensive knowledge gained from both academic studies and practical professional engagement. Proven ability to add significant value to organizations and teams across various fields.
Overview
10
10
years of professional experience
1
1
year of post-secondary education
2
2
Languages
Work History
Accountant
Electricity And Water Authority
10.2018 - Current
- Bank reconciliation
- Bookkeeping
- Data analysis
- Maintaining fixed deposits
- Processing local payments
- Processing foreign payments
- Processing payroll payments
- Processing loans repayments
- Preparation of management reports
- Ongoing monitoring of bank accounts, ledgers, and collections
- Preparation of journal entries
- Mainstreaming more effective and efficient processes with up to 50% less lead time
- Participation on new ERP system development that fixes the drawback of the old system
- Participation on new billing system development
- Leveraging financial and computer knowledge in problem solving
- Gather, analyze, and interpret financial information used in management decision making
- Assisted in development of financial forecasts based on historical trends to support strategic planning initiatives.
- Managed cash flow effectively, ensuring all company liabilities were met in a timely manner and surplus funds were invested wisely
- Established strong relationships with banking partners to facilitate access to various financial services
- Collaborated with external auditors during the annual audit process to provide necessary documentation and address any concerns or findings promptly
Financial Resource Specialist
Electricity And Water Authority
02.2017 - 10.2018
- Daily reviewing over 70 direct debit installment agreements
- Ongoing monitoring and evaluation of active direct debit installment agreements progress
- Supporting customer service staff in preparation of direct debit installment agreements
- Coordinating with other team members to ensure smooth and timely task accomplishment
- Serve as connecting link between top management, banks, customer service, ensuring seamless communication and coordination
- Increased participation in cross-functional teams in problem solving.
Accounting Specialist
Electricity And Water Authority
11.2015 - 02.2017
- Serving in customer accounts department
- Daily preparation of over 50 direct debit installment agreements
- Conducting adjustments in billings
- Answering customer enquiries
External Auditor
Horwath Bahrain
11.2014 - 11.2015
- Building strong relationships with clients, fostering trust and open communication to facilitate accurate audits.
- Identifying potential errors and fraud indicators through analysis of financial records.
- Leveraging audit assessments, analytical procedures, and substantive testing to ensure that financial statements are not materially misstated.
- Evaluated effectiveness of internal controls, recommending improvements to enhance operational efficiency and mitigate risks.
- Ensuring that financial statements are prepared in compliance with International Financial Reporting Standards (IFRS)
- Preparation of audit report
- Full examination of all financial statement elements.
- Conducting meeting with clients to fully understand business activities
- Coordinating with clients to obtain audit requirements
- Visiting client's sight for document and system examination
- Conducting year-end physical inventory count
- Supporting client in proper bookkeeping
- Prepared working papers, reports and supporting documentation for audit findings
Education
MBA - Masters in Business Administration
University of Bahrain
Sakhair 09.2023 - Current
CPA - Licensed Certified Public Accountant
American Institute of Certified Public Accountants
Guam, USA10.2018
Bachelor of Accountancy - Accounting
University of Bahrain
Sakhair06.2014
Skills
- Cashflow analysis
SAP expertise
Financial management
Cost accounting
Cash flow management
Auditing procedures
Accounting and bookkeeping
Financial analysis
Budget analysis
Financial reporting
Capital Budgeting
Cashflow analysis
Software
SAP ERP
Timeline
MBA - Masters in Business Administration
University of Bahrain
09.2023 - Current
Accountant
Electricity And Water Authority
10.2018 - Current
Financial Resource Specialist
Electricity And Water Authority
02.2017 - 10.2018
Accounting Specialist
Electricity And Water Authority
11.2015 - 02.2017
External Auditor
Horwath Bahrain
11.2014 - 11.2015
CPA - Licensed Certified Public Accountant
American Institute of Certified Public Accountants
Bachelor of Accountancy - Accounting
University of Bahrain
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