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أحمد الشافعي أحمد السيد, Project Accountant

أحمد الشافعي أحمد السيد

Project Accountant·Jones Lang Lasalle

Saudi Arabia

Bachelor's degree, Accounting and Finance

Work experience

Total years of experience: 19 years, 3 months

Project Accountant

April 2021 - Present

Jones Lang Lasalle

Riyadh, Saudi Arabia

April 2021 - Present

• Updating weekly dashboards.
• Preparing the Running Tracker including Run Rates, Revenues, Costs and sharing with Operation Director and Head of P&DS.
• Reporting all projects variances or actions needed.
• Reconciling financial discrepancies by collecting and analyzing accounts information.
• Maintain project related records including contracts and change orders.
• Investigate projects variances and submit reports to management.
• Recommend and implement agreed process improvements to the billing cycle.
• Prepare special projects analyses for the project Managers.
• Review Aging reports on weekly basis.
• Effectively communicating with Project Managers, regarding contract documents, change orders and other contract modifications, approvals, and any additional services-related to billing.
• Review and approving invoices on PS.
• Review and approving projects related expenses.
• Supporting Finance Team in Dubai.

Company industry:
Real Estate
Job role:
Consulting

Accounting Manager

November 2020 - March 2021

Atayar Car Exhibition

Riyadh, Saudi Arabia

November 2020 - March 2021

Establishes financial status by developing and implementing systems for collecting, analyzing, verifying, and reporting financial information, and managing accounting staff.
Accomplishes accounting human resource objectives by recruiting, selecting, orienting, training, assigning, scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning, monitoring, appraising, and reviewing job contributions; planning and reviewing compensation actions; and enforcing policies and procedures.
Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans; implementing production, productivity, quality, and customer-service standards; resolving problems; completing audits; identifying trends; determining system improvements; and implementing change.
Meets accounting financial objectives by forecasting requirements, preparing an annual budget, scheduling expenditures, analyzing variances, and initiating corrective actions.
Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; and preparing special reports.
Maintains accounting controls by establishing a chart of accounts and defining accounting policies and procedures.
Guides other departments by researching and interpreting accounting policy and applying observations and recommendations to operational issues.
Maintains financial security by establishing internal controls.

Company industry:
Automotive Dealership & Distributor
Job role:
Accounting and Auditing

Accounting Manager

October 2010 - August 2020

Industrial Transportation Co.

Dammam, Saudi Arabia

October 2010 - August 2020

• Establishing Chart of Accounts with new accounting software for the company

• Ensure that established procedures are adhered to and that new procedures are developed where specifically required by the company. Ensure consistent and correct accounting standards are applied.

• Maintain internal control standards and transaction procedures to accomplish tasks and responsibilities within the provisions of the rules and regulations of company.

• Managing company's financial accounting, monitoring and reporting systems, with ensuring the timely reporting of all key financial information

• Ensuring the business is fully compliance with IAS & IFRS (and updates), KSA accounting standards and group policies, KSA Taxation and Zakat filing.

• Preparation of financial statements for the activity of the company (balance sheet, income statement, cash flow statement, statement of changes in ownership).

• Conducting reviews and evaluations for cost-reduction opportunities.

• Review cost-benefit analyses of selected investments and transactions, and report results to management

• Forecast cash flow positions, related borrowing needs, available funds for investment and arranging new sources of finance

• Manage the auditing operations by coordinating the auditing activities with external auditor.

Company industry:
Distribution, Supply Chain & Logistics
Job role:
Accounting and Auditing

Senior Accountant

October 2008 - September 2010

Industrial Transportation Co

Dammam, Saudi Arabia

October 2008 - September 2010

In-charge of the financial accounts systems & general accounting policies and procedures.

• Ensure timely completion of monthly, quarterly and annual financial statements.

• Manage and prepare annual budgets for the company and perform periodic cost and productivity analyses to ensure compliance with budgetary guidelines.

• Dealing with banks and financial institutions in finance facilities.

• Manage the auditing operations by coordinating the auditing activities with external auditor.

• Ensuring that all financial transactions are conducted as per company policies and procedures.

• Analyze sales, revenue and expense trends on a regular basis.

• Prepare customer credit reports to track overdue payments and followed up on collections.

Company industry:
Motor Vehicle Passenger Transport
Job role:
Accounting and Auditing

Financial Accountant

August 2007 - June 2008

Al Armac Contracting

Riyadh, Saudi Arabia

August 2007 - June 2008

• Helping in the transmission from the company's GL manual recording to electronic recording.

• Establishing a new payroll system by using PC.

• Helping in significantly reducing the length of time for preparing the final financial statements at the end of each year.

• Managing accounts payable and arranging their payments

• Preparing Bank Reconciliation Statements.

• Preparing Trial Balance.

• Preparing Trading and Profit & Loss Account.

• Preparing Income and Expenses Account.

• Preparing Balance Sheet with Schedules.

• Maintaining Fixed Assets Register.

Company industry:
Construction & Building
Job role:
Construction and Building

General Accountant

June 2006 - March 2007

El Wadi for Development & Manufacturing Co.

Mansoura, Egypt

June 2006 - March 2007

• Handling AP accounts

• Handling AR and GL reconciliations.

• Handling the Payrolls

• Handling the Petty Cash

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Education

Mansoura University

May 2006

May 2006

Bachelor's degree, Accounting and Finance

Egypt

GPA (percentage): 63.46%

GPA (percentage): 63.46%

Skills

Financial Statement Analysis
Expert
Financial Statement Analysis
Expert
Auditing
Expert
Auditing
Expert
Financial Reporting
Expert
Financial Reporting
Expert
Accounting
Expert
Accounting
Expert
ACCOUNTANCY
Expert
ACCOUNTANCY
Expert
AUDITING
Expert
AUDITING
Expert
FINANCE
Expert
FINANCE
Expert
FINANCIAL
Expert
FINANCIAL
Expert
FINANCIAL STATEMENTS
Expert
FINANCIAL STATEMENTS
Expert
POLICY ANALYSIS
Expert
POLICY ANALYSIS
Expert
ACCOUNTING SOFTWARE
Expert
ACCOUNTING SOFTWARE
Expert
BALANCE
Expert
BALANCE
Expert
CASH FLOW
Expert
CASH FLOW
Expert
COST CONTROL
Expert
COST CONTROL
Expert
purchase accounting
Expert
purchase accounting
Expert
accounting
Expert
accounting
Expert
sales tax
Intermediate
sales tax
Intermediate
payroll
Expert
payroll
Expert
microsoft powerpoint
Intermediate
microsoft powerpoint
Intermediate
payments
Expert
payments
Expert
reconciliation
Expert
reconciliation
Expert
Financial Statement Analysis
Expert
Financial Statement Analysis
Expert
Auditing
Expert
Auditing
Expert
Financial Reporting
Expert
Financial Reporting
Expert
Accounting
Expert
Accounting
Expert

Languages

English
Expert
Arabic
Native Speaker

Hobbies

  • Reading , playing football , fishing