Ahmed Saied CMA - MBA

Prepare financial reports that summarize or forecast an organization's financial position.
Assist external auditors during Quarter reports preparations.
Ensure compliance with local legislative, accounting standards, and internal controls job requirements.
Help CFO in forecasting & mid-term static budget plus modification of flexible budget.
Overseeing a company's short-term or long-term investments.
Manage and lead all relevant Finance processes, procedures and activities.
Lead the financial statement close process and tax compliance processes, financial and management reporting and financial systems maintenance.
Gauging levels of financial risk within organizations.
Ensuring procedures, policies, legislation and regulations are correctly followed.
Preparing special reports for regulators, governmental agencies and banks.
Supervise control of financial risk, secure overall liquidity and funding needs and ensure that adequate cost competitive financial resources are available for the organization in order to achieve its short and long-term business objectives.
Develop reports and create/monitor metrics dashboards to help analyze operations and drive action quickly
Coordinate with all levels of management to gather, analyze, summarize, and prepare recommendations regarding company strategy, financial plans, new business planning, and operating forecasts.
Review budget vs. actual; prepare variance analysis and highlight issues to Senior Leadership Team.
Provide and interpret financial information.
Monitor cash flows and predict future trends.
Analyze and organize data appropriately by working effectively with CFO.
Ensure planning cycle and reporting requirements deadlines are met by facilitating and coordinating efforts across multiple departments to gather required data.
Track and analyze actual spending & identify the reason of deviation when needed, as well as related risks and opportunities.
Monthly financial analysis reporting including (P&L, operational report, cash flow forecast...etc.)
Provide alternatives and recommendations to reduce costs and improve financial performance.
Participate in setting the pricing policies for the new products in co-ordination with the production, sales and marketing department.
Analyzing changes in product design, raw materials, manufacturing methods to determine their effects on cost.
Variance mix design analysis, analysis breakdown &delays of production lines to make corrective action and enhance efficiency and effectiveness of production, and reviewing QC mix design. To compare standard with actual mix design.
keep production on full capacity and analysis the daily delays to increase production capacity and manage allocated common fixed costs .

Cement Products

• Supervise the preparation of the data and the company's financial statements.
• Fully control to the financial Dep. activities, manage cash & all banks operations with different currencies to support head office with clear & efficient cash structure.
• Determine the effect of price fluctuation of material components on different finished goods.
• Find different solutions and alternatives to invest the company's resources so as to ensure the highest profit.
• Achieve effective cost management without negative impact on production standard quality
Develop the company financial systems in order to achieve its objectives
•Participate in setting the pricing policies for the new products in co-ordination with the production, sales and marketing department
• Work on a financial management system designed to reduce the financial risks on the company as well as the flexibility and speed of performance.
• Analyzing changes in product design, raw materials, manufacturing methods to determine their effects on cos.
• Prepare planning budget.
• Manage the size of expenditure in the light of the approved budget.
• Develop Foreign Relations approaching relevant (Auditors - CAA - banks - tax consultant - other official bodies).
• Preparation of financial feasibility studies for the company's projects and management team.
• Assisting in the preparation of programs with management accounting.
• Assessing the performance of direct subordinates and career development plans to raise performance levels.
• identify incentives and rewards to employees in accordance with the approved rules
• Communicate with supply chain analysis and eliminate suppliers risk with inventory system.
• set study for production and sales plan and compare with actual results for correction action.
• Responsible for banking operation, L/C - L/G - Hedge for equipment and foreign - currencies- Tenure mismatching with loans - reduce any financial and non-financial risk.
• Reviewing estimates of new and proposed product costs. &forecasting (standard costs) and make variance analysis. And QC analysis
• Preparing the weekly and monthly machine efficiency Report
• Reviewing all the production orders cost monthly and make reconciliations to allocate the actual consumption of raw and packaging material per job order on ERP system.
• Investigate cycle counting variances and resolve issue& Update standard costs in the bill of materials &Analyze all cost elements like Raw material, Labor, Manufacturing overhead .

Prepare consolidated monthly reports including in-depth financial analysis
Of P&L, BS, Cash Flow statement.
Perform special comparisons and provide recommendations needed by CFO.
Prepare detailed monthly variance analysis between actual, budgeted, and previous periods results. In addition, contacts managers for explanations and performance evaluation.
Supervising all finance department activities and Functions.
Managing and coordinating the company’s annual forecasting and budget process.
Designing accounting and internal controls systems, resolving operational and business problems.
Responsible for managing treasury function, including company banking accounts, Reconciliation.
Supervise month-end closing process, including review of GL entries.
Maintain accuracy of work and compliance with the established policies &
Procedures.
Corporate and personal tax preparation.
Closely works with the internal and external auditors and takes into consideration their corrective procedures and recommendations.
Cost & Expenses Allocation for departments and projects & Clients.
Supervises the preparation of the end of year accounts and business results and ensures that variances are identified and analyzed.
Preparing and Recording the payroll transaction on Monthly Basis.
Monitoring receivables and follow up collection activities to ensure collection on time to improve cash flow and develop systematic follow up procedures for all past-due accounts.
Cooperate with sales department to solve customer payment problems.

Preparing all daily and monthly journal vouchers.
Review bank reconciliation on monthly bases.
Responsible for day to day cash and treasury operations.
Supervises and follows up payments and closing entries of all AP & AR .
Monitor accruals/reversals and other general ledger activities.
Prepare, record and advise on journal entries and make necessary adjustments.
Record the Debit and Credit Notes & Perform account reconciliations and confirmations on monthly basis for the Inter-company accounts.
Manage & Controlling depreciation & amortization. Prepaid & Accrued accounts.
Prepare monthly payroll and manage the payroll accounts.

Preparing all daily and monthly journal vouchers.
Sending Daily debit and credit notes to the affiliates and subsidiaries.
Recording all entries on the QuickBooks system.
Accounts Payables, Matching the invoice with add receipt, Receiving the advance payments and its slips, prepare the monthly disclosure.
Accounts Receivables, Preparing the AR journal vouchers, follow up the sister's payment, Making the monthly accounts confirmations.

Manage All the Banks Reports and daily banking operation.
Responsible for letter of guarantee preparation & letter of credit preparation.
AP & AR operation process.
Follow-up collection with customers.
Preparing all daily and monthly journal vouchers.
Recording all entries on the Smacc system.
Reconciliations of various accounts with the G/L.
Tracking Supplier's vouchers & Matching with price lists.

Administration Responsibilities:

• Planning, organizing and controlling all administrative function.
• Coordinates facilities agreements (maintenance, rent, licenses, insurance, utilities…etc.)
• Ensure whether the signed contracts, insurance requirements, government regulations and safety standards are followed.
• Responsible for Attendance sheet and employment Hiring& resignation procedures.

Training Audit assistant at Arab consultant auditing office .