Ahmed Elsayed, Audit Manager

Ahmed Elsayed

Audit Manager

PKF Al-Bassam & Co.

Location
Saudi Arabia
Education
Master's degree, (Dip IFRS) International Financial Reporting Stander Diploma
Experience
23 years, 5 Months

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Work Experience

Total years of experience :23 years, 5 Months

Audit Manager at PKF Al-Bassam & Co.
  • Saudi Arabia - Riyadh
  • My current job since April 2021

Experienced bilingual auditing and financial reporting expert; providing technical advice on complicated accounting/auditing issues.
• Directed the team responsible for audit requirements, reporting and financial statements for several multi- national and large companies
• Responsible for auditing a portfolio consisting of several companies operating in various business segments.
• Leading and supervising audit team consist of about seven staff, train and monitor the audit seniors and other audit staff.
• Preparing audit strategy.
• Develops a relationship with senior client management to obtain an understanding of business changes.
• Delivered training in Audit Methodology, IFRS and soft skills

Finance Manager at Al Rajhi International for Investment Company
  • Saudi Arabia - Riyadh
  • March 2019 to May 2021

• Provide financial reports and interpret financial information to Board of Directors while recommending further courses of action
• Advise on investment activities and provide strategies that the company should take
• Maintain the financial health of the organization.
• Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.
• Develop trends and projections for the firm’s finances.
• Conduct reviews and evaluations for cost-reduction opportunities
• Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.
• Manage the preparation of the company’s budget.
• Liase with auditors to ensure appropriate monitoring of company finances is maintained.
• Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Audit Manager at KPMG (KSA & Egypt) – Public Accountant
  • Saudi Arabia - Dammam
  • January 2008 to July 2019

IFRS Conversion
_________________
Engagement Manager for IFRS conversion projects.

• Assisting the Companies for conversion from SOCPA to IFRS.

o Analyze and identify the differences between the current accounting policies and practices and the requirements of IFRS (Gap Analysis).

o Agreeing an action plan for quantification and implementation of changes
o Assist company in preparation financial statement according to IFRS.

________________________________________________________

External Audit
_______________
Experienced bilingual auditing and financial reporting expert; providing technical advice on complicated accounting/auditing issues.

• Directed the team responsible for audit requirements, reporting and financial statements for a number of multi- national and large companies

• Responsible for auditing a portfolio consisting of several companies operating in various business segments.

• Leading and supervising audit team consist of about seven staff, train and monitor the audit seniors and other audit staff.

• Preparing audit strategy.

• Reviewing the work of my team, and finalization of audit reports with managers and partners.

• Reporting to engagement partner about the results of the audit work.

• Possesses an understanding of tax sufficient to identify the issues, which might have an impact on the financial statements, to review the tax computations and ensure proper disclosure.

• Develops a relationship with senior client management to obtain an understanding of changes taking place within the business.

• Delivered training in Audit Methodology, IFRS and soft skills

Audit Supervisor at RSM – Arab Chartered Accountants
  • Egypt - Cairo
  • January 2001 to December 2007

• Leading and supervising audit team consist of about five staff, train and monitor the audit seniors and other audit staff.

• Preparing engagement planning.

• Understanding and assessing the internal control of the mentioned institutions and perform suitable audit programs through KPMG guidelines and identify weakness points in control environment in all divisions in the company and determining if these controls can be relied on in our testing.

• Applying specific audit procedures to make sure that the financial information in the financial statements are free of material misstatements that may affect the decision of the users of the financial statements.

• Reporting to engagement partner about the results of the audit work.

• Reviewing the work of my team, and finalization of audit reports with managers and partners.

• Possesses an understanding of tax sufficient to identify the issues, which might have an impact on the financial statements, to review the tax computations and ensure proper disclosure

Education

Master's degree, (Dip IFRS) International Financial Reporting Stander Diploma
  • at ACCA
  • June 2010

The ACCA Diploma in IFRS has been developed by The Association of Chartered Certified Accountants (ACCA).

Bachelor's degree, Accounting
  • at Ain Shams University
  • May 2000

Bachelor of Accounting (2000) – Ain Shames University, Egypt

Specialties & Skills

Developments
Management
Auditing
Accounting
Self-supervision and self-improvement.
Improve the effectiveness of communications and interactions with others
Use communicative skills to bolster the Organization's image
Highly motivated and challenged
Very confidant of abilities.

Languages

Arabic
Native Speaker
English
Expert

Memberships

Egyptian Finance Ministry, audit and accountants record register, with the Right to Reviewing
  • CA. Certified Accountant at the Egyptian Finance Ministry, audit and accountants record re
  • April 2004

Training and Certifications

Certified Accountant at the Egyptian (Certificate)
Date Attended:
April 2004
Valid Until:
April 2024
International Financial Reporting Stander Diploma (Dip IFRS) (Certificate)
Date Attended:
June 2010
Valid Until:
June 2020

Hobbies

  • Table Tennis