ahmed elmoursi

Accounts Manager at AL-Ojaimi Group

• Saudi Arabia
• My current job since August 2005

HR at SRG Group

• Saudi Arabia
• April 2014 to June 2014

 Instituted strong experience across various functions of accounts like accounting,
preparation of analytical reports, budgeting, bank reconciliation, MIS etc. and thus
enhanced knowledge of major accounting software packages for both general
ledger & statutory accounting.
 Successfully established and streamlined business process, prepared detailed
procedures for all processes handled, addressed areas of concern developed and
offered strategic recommendations and implemented appropriate actions plans.
Key Responsibilities:
 Performing full set of finance /accounts operations and purchase department role
like- AR, AP, general ledger, forecasting, budgeting, consolidated financial
statements, cash flow, and ensuring timely closing of accounts.
 Scrutinizing and certifying all profit & loss statements, balance sheet, ratio analysis,
cash flow, capital budget statements, and ensuring their conformance to all
regulatory and legal policies, company adopted procedures & guidelines and
GAAP.
 Verifying weekly/monthly/quarterly/interim and year end reports like sales
invoices, work-in-progress, status reports, turnover/cost reports, performance
reports, and various other management reports for top management review.
 Analyzing age-wise debtors report and developing a meticulous follow-up
mechanism for receiving timely payments from debtors and updating same in the
system.
 Evaluating and verifying invoices and their accompanying payment requests
facilitating timely payments for vendors maintaining records for advance payments
made.
 Conducting budget vs. actual, revenue vs. expenditure analysis, reporting
deviations if any, and offering requisite solutions/options to avoid fall outs and thus
enhance the company’s operational efficiency.
 Documenting fixed assets movements in the accounting system, analyzing and
updating the detailed schedule of fixed assets and accumulated depreciation and
ensuring the assets of the company are safeguarded at all times.
 Mediating extensively with banks and other financial institutions, arranging for
various statements required by banks from time to time, maintaining and balancing
bank reconciliation statements.
 Diligently managing the cash inflow/outflow of the company, and calculating
accurate cash flow statements, and maintaining a judicious petty cash register.
 Liaising extensively with group

Budget & Cost Control at Dammam

• Saudi Arabia
• June 2013 to March 2013

Audit Supervisor at Riyad

• Saudi Arabia
• June 2008 to February 2010

as an Super Audit for the Talal Group for a year and a half and took part in
preparing FS- IS- CF- for several individual companies in Riyadh.

Chief Accountant at Riyad

• Saudi Arabia
• February 2007 to March 2008

Cost Accountant at Ltd. - Civil Supplies Company for Trading & Contracting Ltd. - Zalafy Company for Mechanical and Electrical work Ltd

• January 2006 to May 2007

the organization as a Cost Accountant and moved up the career hierarchy and
merited promotion to the position of Senior Accountant, and then to Chief Accountant
through proficient display of exceptional service levels.
Steered a team of 5 accountants, directed and controlled day to day accounting
functions, reviewed and verified all profit and loss statements, balance sheet, ratio
analysis, cash flow, capital budget statements etc.
Supervised preparation of all closing financial statements/reports/summaries in
the most accurate manner and scrutinized the same for adherence to various
accounting policies and standards.
Balanced accounts receivables and accounts payables, evaluated invoices
received, and disbursed demands by cash/bank after formal verification, carried out
effective follow-up for accounts receivable and thus strove to maintain optimum cash
flows in the system.
Mediated extensively with bankers to streamline trade finance operations related
to LC/LG, ST loans and SIDF loans, provisioned various statements required by banks
from time to time and analyzed the bank reconciliation statements.
Administered pay roll activities- staff advances, annual leave and indemnity,
mediated extensively with HR department and ensured disbursement of staff salaries
and other obligations.
Facilitated external auditors in effective implementation of audit programs
provided requisite data/information/statements ensured that the audit conclusions
are followed and implemented.
Devised and implemented business models/process to fine-tune the financial
summary, aligned all the systems/procedures/practices, conducted budgetary
controls, to ensure operational efficiency for the company
Medina, Saudi Arabia, Dammam
Fahd Company for Contracting

Audit Supervisor

• to

at Global technology group of companies for industrial developmen

• United Arab Emirates
• to

which includes:
- Technical Company for the manufacture of agricultural equipment Ltd.
- Hayat Factory Company for the production of fruit drinks and bottled water Ltd.
- Zalafy Factory Company for the production of welding wire Ltd.
- Technical Company for the manufacture of medical and rehabilitative devices