AHMED ELSAADNY, chief accountant

AHMED ELSAADNY

chief accountant

Advanced Industrial Company For Clay Pipes

Location
Egypt - Cairo
Education
Bachelor's degree, Accounting and Management Information
Experience
17 years, 3 Months

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Work Experience

Total years of experience :17 years, 3 Months

chief accountant at Advanced Industrial Company For Clay Pipes
  • Saudi Arabia - Jeddah
  • My current job since November 2013

• Finalization of computerized books of accounts, preparing financial statements compliance with IFRS
• Quarterly closing of accounts and to co-ordinate with inventory & purchase dept in order to close the pending transactions
• Preparing budget and suggestion in financial part of strategic planning for management
• Keeping track of actual cost of job with estimated in order to forecast further if required.
• Monitoring cash inflows & outflows during operations for ongoing projects.
• Conducting interim audit every quarter as per the schedule of head office
• To confirm the Group Co. transactions & make reports accordingly for head office.
• Checking all accounting transaction and vouchers on day to day basis manually and on the computer system before posting the
transaction
• Checking HR and procurement documents before accounting and processing payments
• Preparing monthly pay roll, leave & EOS settlements
• Making comparative statement for budget with actual performance on periodical basis
• Preparing MIS report such as cash flow, project financing etc. as per the requirement of banks for facilities.
• Controlling payment to creditors and accountability of Creditors and Debtors records, Maintaining Customs records under bank
guarantee
• Liaison with sub contractors & engineers regarding the bank guarantee & payment terms
• Preparing bank reconciliation statement on monthly basis
• Project Cost control, Suggesting cost reduction and better performance in line with project managers.
• Generating reports on ERP Ax Dynamics (Accounts GL, Payroll & _ Fixed Assists -Deprecation Package _Bank_ Accounts
Receivable _ Accounts Payable)

Accountant at Advanced Industrial Company For Clay Pipes
  • Saudi Arabia - Jeddah
  • November 2009 to November 2013

• Monitor the daily work of Accounts Assistants i.e. maintaining petty cash, disbursement book, and issuance of checks and
monitor daily activity of the banks.
• Prepare journal entries and monitor payables and receivable accounts.
• Submit monthly cash plan to the Chief Financial Officer.
3/9
• Prepare details of the cash flow of the project to know the financing required.
• Coordinate with the bank officer which document needed for the facilities applied i.e. Import L/C, performance bond, bank
guarantees and other credit facilities.
• Prepare the monthly payroll and reconciliation of general ledger and subsidiary accounts.
• Prepare monthly and yearly financial statements i.e. income statement, balance sheet and statement of cash flows with
supporting schedules i.e. bank reconciliation, aging report, provision for employee's indemnity and benefits, fixed assets register
and provision for doubtful accounts.
• Provides reports to the Directors and Shareholders i.e. Cash Plan, Budget, Project Financing, Procurement Forecast & Project
Costing.
• Consolidate financial statements of head office and Factory.
• Assist the annual audit.
• Generating reports on ERP Ax Dynamics (Accounts GL, Payroll & _ Fixed Assists -Deprecation Package _Bank_ Accounts
Receivable _ Accounts Payable)

accountant at Al Ansar Medical Management
  • Saudi Arabia - Jeddah
  • January 2009 to November 2009

Handle all the daily transactional operatioPayroll ns of the Finance department.
• Create and reconcile all the Bank accounts.
• Issue and reconcile all data.
• Create financial reports for the Senior Accountant .
• Assist the Senior Account with External Audit preparations .
• Ensure all suppliers, payable invoices and payable payments are recorded in the Baan ERP software.
• Ensure all customers, receivable invoices and receivable receipts are recorded in the Baan ERP software.
• Ensure all Ledger activities are posted into the Baan ERP software.
• Ensure all assets are recorded in the Baan ERP software.
• Adhere to the established policies and procedures set for the department.
• Receive, manage and store all invoice and payment documentation

Accountant at AGC Academy
  • Egypt - Mansoura
  • January 2007 to November 2008

Prepare daily collection report based on incoming payment, revenue and receivable
Update monthly cost
Monthly reports submit all cost
Analyzed Payroll
Supplier reconciliation
Extra years of experience not listed above: 0 Years, 1 Months
4/9

Education

Bachelor's degree, Accounting and Management Information
  • at Mansoura University
  • May 2007

Accounting and Management Information

Specialties & Skills

Year End Accounts
Financial Management
Monthly Reporting
Budget Forecast
PAYROLL PROCESSING
ACCOUNTANCY
ACCOUNTING
ACCOUNTS PAYABLE
ACCOUNTS RECEIVABLE
AUDITING
BALANCE
BANK RECONCILIATION

Languages

Arabic
Native Speaker
English
Intermediate

Training and Certifications

Managing Project Risks (Certificate)
Date Attended:
October 2017
Self-Management (Certificate)
Date Attended:
October 2017
VAT (Training)
Training Institute:
BDO
Date Attended:
September 2017
Duration:
10 hours
ISO 9001 :2015 Quality Management System (Certificate)
Date Attended:
January 2017
ERP TEST (Certificate) Bayt One-line (Certificate)
Date Attended:
May 2016
External Audits of Financial Statements (Training)
Training Institute:
KPMG
Date Attended:
February 2016
Duration:
40 hours
General English, Course in Business English- Business Communications (Certificate)
Date Attended:
June 2013
Saudi tax & Zakat regulations (Training)
Training Institute:
BDO
Date Attended:
May 2012
External Audits of Financial Statements (Training)
Training Institute:
BDO
Date Attended:
April 2012
Duration:
20 hours
Microsoft Dynamics AX 2012 [Financial, Production, Administration] (Training)
Training Institute:
Net Soft CO
Date Attended:
March 2016
Duration:
450 hours
Microsoft Dynamics AX 2009 [Financial, Production, Payroll, Administration ] (Training)
Training Institute:
Net Soft CO
Date Attended:
March 2013
Duration:
450 hours
Institute of Management Accountants CMA (Training)
Training Institute:
Part One Training
Date Attended:
January 2012
Duration:
200 hours
Financial analysis, Feasibility studies, financial forecasts (Training)
Training Institute:
Bashar Anis / Principal & Transactor at Onyx Financial Consulting
Date Attended:
January 2011
Duration:
400 hours
Saudi tax & Zakat regulations (Training)
Training Institute:
Ernst & Young
Date Attended:
February 2010
Duration:
20 hours
External Audits of Financial Statements (Training)
Training Institute:
Ernst & Young
Date Attended:
June 2010
Duration:
100 hours
ORACLE PL/SQL (Training)
Training Institute:
Orascom Training & Technology
Date Attended:
February 2008
Duration:
40 hours
ORACLE SQL (Training)
Training Institute:
Orascom Training & Technology
Date Attended:
November 2007
Duration:
40 hours
Industrialization programming Financial Accounting (Training)
Training Institute:
AGC Academy
Date Attended:
July 2007
Duration:
40 hours
Visual Basic C++, Visual Basic.NET, C Sharp (Training)
Training Institute:
AGC Academy
Date Attended:
January 2006
Duration:
200 hours