David Bachar Email & Phone Number

Tel Aviv District, Israel

Tel Aviv Area, Israel

• Managing ongoing accounts and performing Month-end closing, invoices, prepaids, bank reconciliation, cash, accruals, intercompany, tax accounts, etc., including BS reconciliations and monthly analyses.
• Proficient in NetSuite and Oracle Cloud systems including local implementation.
• Transitioning the company to electronic payments and implementing online payment, including VAT, social security, and tax deductions.
• Close collaboration with internal stakeholders, external consultants, and regulatory bodies.
• Managing and overseeing cash flows, controlling, and monitoring the company's bank accounts, including bank reconciliation and cash analyses.
• Managing all AP aspects, vouchering invoices against PO's, determining the right account and department coding. payments, reconcile open receipts with vendor statements for outstanding invoices, resolving issues with.

Israel

• Ongoing bookkeeping and bookclosing on monthly, quarterly, and annual basis. Full command of SAP ERP system.
• Responsibility for all statutory reporting to Tax Authorities in Israel (Corporate Tax, VAT, Payroll Tax, Vendors).
• Cooperation with high-level management inside the company and with service providers and advisors.
• Responsibility for the company ongoing cash flow and cash flow forecast and analysis in cooperation with the corporate treasury department. Control and management of the company bank accounts.
• Management of the Accounts Payable (AP) segment in cooperation with the AP department in Amsterdam. Control of payables and payments to suppliers. Management, control and filing of withholding tax reports (form 856).

Tel Aviv, Israel

• Ongoing bookkeeping and books closing on monthly, quarterly and annual basis. Full command of Oracle ERP system.
• Management and control of the company’s revenue and license booking. Control of income recognition model utilized by the corporate royalties department.
• Responsibility for all statutory reporting to Tax Authorities in Israel (Corporate Tax, VAT, Payroll Tax etc.). Cooperation with high level management inside the company and with service providers and advisors.
• Management and control of intercompany balances and business agreements with related parties and ensuring compliance with the company’s official transfer pricing policy (prices, credit terms, interest charges etc.).
• Responsibility for the company’s ongoing cash flow and cash flow forecast / analysis in cooperation with the corporate treasury department. Control and management of the Company’s bank accounts.
• Support for salary management department and control of salary entries in the company’s books. Control of pension and saving plans. Management, control and fulfillment of payroll statutory reports (form 126). Analysis.

Tel Aviv, Israel

• Bookkeeper in the accounting team. Provided control and bookkeeping services to numerous companies in the Nechoshtan Group (acquired by Schindler). Responsible for books closing on a monthly, quarterly and annual basis.
• Supporting the Group’s CPA in statutory statements and audit processes.
• Responsibility for the company’s ongoing cash flow and cash flow forecast / analysis. Reconciliation of bank accounts and credit card payables.

Accounting Diploma - Level 3, Accounting And Finance

Certified Salary Controller