Ahmed Al Wadiya, Accounting, Finance, Tax, & ERP Finance Consultant

Ahmed Al Wadiya

Accounting, Finance, Tax, & ERP Finance Consultant

WGC

Location
United Arab Emirates
Education
Bachelor's degree, Accounting & Finance
Experience
11 years, 3 Months

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Work Experience

Total years of experience :11 years, 3 Months

Accounting, Finance, Tax, & ERP Finance Consultant at WGC
  • United Arab Emirates - Dubai
  • My current job since April 2021

On temporary, short-term, long-term contracts or independent project basis:

Accounting & Finance Advisory
- Outsourcing of the full accounting function or some processes like bookkeeping, reconciliations, balance sheet schedules preparations, financial
reporting.
- Secondment (working as a lent/seconded employee in the client's premises or remotely on temporary, short-term or long-term contracts basis.
- Providing Audit support services
- Tax returns preparation, filing, & compliance
- Setting up the accounting function and processes for companies
- Recommending and enhancing Internal controls, the accounting & finance functions and processes for best practices.
- ERP and Accounting systems recommendation and implementation based on the clients’ business operations and needs.

Administrative Support & Translation
- Helping businesses with their translation needs
- Supporting clients and businesses with administrative roles like data entry, coordination, customers relations management, & others as per the client's need.

Accounting, Finance & Business Recruitment Consulting
- Leveraging my network, competent skills & business knowledge & background
in helping organizations find the right Accounting, Finance, Marketing, HR,
or IT talents based on their requirements.

Professional & Corporate Training
- Providing professional Excel training to individuals & teams customized to
their professional field and needs.
- Providing accounting and financial reporting training to individuals at entry & mid-career level
Other Special Assignments tailored to the client’s needs.

Accounting and Finance Consultant at Deloitte
  • United Arab Emirates - Sharjah
  • January 2018 to March 2021

Deloitte BPS(Business Process Solution)

We provide different clients globally with full range of Accounting and Finance outsourcing services, ERP systems implementations, VAT Compliance services, development of Financial and Cost Accounting practices and procedures, processes & internal controls enhancement and recommendations, & other special assignments depending on the clients' need.

Some of my roles & milestones:
- Carried out working solo ERP system implementations for 39 companies in 2 months only earning my team an award for the best performing team in Deloitte BPS.
- Provided different training sessions to the team on how to use the newly implemented ERP system.
- Done complete system set up for the accounts for new clients.
- Enhanced and creatively automated most of the accounting processes & reporting for some clients enabling the delivery of our accounting services & reports in much less time adding efficiency.
- Completed the ERP Accounting system setup & implementation for an internal Deloitte entity books.
- Mentored and trained junior & associate staff to bring out the best in them developing their skills-set and knowledge further in excel, reporting and ERP.
- Reviewed the accounting & finance work of junior and associate staff providing constructive feedback helping them learn and grow.
- Sorted out technical and complex issues as they rise that required urgent attention in a record time with optimal accuracy.
- Completed a special assignment exceeding the expectation for a high-profile Multinational client's head office in a record time.
- Assisted the translation team translating 4, 047 lines for the complete accounting entries and descriptions for the years 2008-2017 for a company in KSA in 3 days only, using complex formulas to automate the job to a certain extent.
- Managed and maintained friendly clients' relations keeping customers' satisfaction in mind through our interactions & quality deliverables.

Finance Associate at Deloitte
  • United Arab Emirates - Sharjah
  • August 2017 to December 2017

Deloitte BPS(Business Process Solution)/DTME (Deloitte Tax Middle East)
DTT FSSC (Finance Shared Services Center)
Handling internally the accounting and finance activities of Deloitte Tax & BPS service lines in Jeddah, Khobar and Riyadh including the financial reporting, financial analysis, and cost accounting for the projects/(engagements)

Milestones:
Enhanced certain work methodologies to speed up all the types of different reconciliations and preparation of balance sheet schedules to have the accounts ready from the first working day.

Finance Administrator at HSA
  • United Arab Emirates - Dubai
  • November 2016 to April 2017

Responsible for finance and accounting roles including financial reporting, preparation of monthly financial statements, financial analysis, budgeting, preparation of balance sheet schedules, and others. Worked with Tally and SAP ERP.
- Achievements:
➢ Played a pivotal role in SAP ERP implementation for Dubai office
➢ Resolved big accounting discrepancies amounting to 50 million, pinpointed the sources of the difference in 39 accounts, and solved it in 4 hours.
➢ Assisted in a special assignment solving a case of forensic nature

Financial Reporting Accouuntant at Chalhoub Group
  • United Arab Emirates - Dubai
  • January 2014 to October 2016

- Handled the financial reporting and accounting roles for the largest entity in the Group comprising the most famous international luxury brands spread all over UAE shopping malls
- Prepared the financial statements along with footnotes disclosures in compliance with IFRS
- Increased the efficiency of month-end close time reducing it to 3 working days
- Performed sales reconciliations through the ERP system for over 160 shops, investigated the variances, and prepared correcting journal entries (Resa Reconciliation)
- Conducted cash and credit cards reconciliations between the POS reports and the bank statements, investigated and reported the variances, and prepared the adjusting entries
- Prepared bank reconciliations, maintained the cash management system and drew adjusting journal entries to correct the bank ledger balance
- Prepared balance sheet and income statement schedules along with their relevant supporting
- Took a proactive role coordinating and investigating with various accounts teams, IT, stock control, relevant Divisions and Finance to sort out the issues encountered.

Accounting and Finance Freelancer at Acccounting & Finance Freelancer
  • United Arab Emirates - Dubai
  • December 2013 to January 2014

- Prepared feasibility study, budgets and pro forma financial statements for a new restaurant in Dubai
- Performed a forensic Audit upon request for a client detecting a fraud in the form of cash embezzlement and drafted the report
- Proposed a new system of internal control to the company

Audit Associate at Talal Abu Ghazaleh International
  • United Arab Emirates - Sharjah
  • November 2012 to December 2013

Nov 2012-Dec 2013 Talal Abu Ghazaleh
International, TAGI
Associate Auditor
- Performed audit field work
- Prepared audited individual and consolidated financial statements including footnote disclosures both in Arabic and English for several audit clients.
- Analysed all client business processes and recommended improvements if required
- Resolved all encountered auditing issues efficiently

Education

Bachelor's degree, Accounting & Finance
  • at American University of Sharjah
  • May 2012

May 2012 American University of Sharjah, UAE Graduate with a Bachelor of Science in Business Administration Double Concentration - Accounting & Finance

Specialties & Skills

Accounting
Financial Reporting
Auditing
Financial Planning and Analysis
FINANCIAL ANALYSIS
FINANCIAL ACCOUNTING
FINANCIAL AUDIT
CASEWARE
Oracle ERP

Social Profiles

Personal Website
Personal Website

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Languages

Arabic
Expert
English
Expert

Memberships

Active Member of AUS Material Art Club; took charge of boxing training activities
  • Member
Institute of Chartered Accountants in England and Wales
  • CFAB (Certificate in Finance, Accounting and Business)
  • May 2015

Training and Certifications

QuickBooks Online International Certification (Certificate)
Date Attended:
July 2022
CFAB (Certificate)
Date Attended:
December 2015
Financial Audit Training (Training)
Training Institute:
Talal Abu Ghazaleh International
Date Attended:
November 2012

Hobbies

  • Gymnastics
  • Listening To Music
  • Cycling
    Won in an official competition.
  • Swimming
  • Chess
    Won many games more than I can count. Good exercise for the mind.
  • Reading
    Constantly learning and developing technically and interpersonally.
  • Running
    Participated in Marathons and competitions. Made it to the top 10 and won the 4th place in one of the competitions.
  • Martial Arts
    Conducted boxing training to some students and younger generations.