Khaled Ahmed

Developing and maintaining high quality financial systems, records and procedures
- Implement continuous financial audit and control systems to monitor the
performance, flow of funds, budget, expenditure, income and budgetary items
- Preparation and presentation of financial statements and reports to senior
management
- Ensure that records and systems are maintained in accordance with generally
accepted auditing standards and IFRS.
- Managing the budgeting process and budget submissions.
- Ensure that budgets are prepared on time and to a high quality working closely with
internal departments to create a consolidated budget submission.
- Monthly report on budget position and make recommendations for budget
efficiencies or the redirection of funds to deliver improved results.
- Work closely with procurement to ensure that supplier relationships are built and
receive best value from the supply chain
- Manage regulatory compliance for policies, procedures and KPI
- Ensure that regulatory requirements of all financial affairs Work with and manage
external auditors and ensure compliance to timelines and policy

Responsibilities in brief are as follows:

- Review monthly balances and changes ensuring the occurrence of records and Data for financial operations in company books with immediate instruction for any adjustment required.
- Official visit for all branches developing financial structures and procedures considering nature of the business and committed to IFS & local lows.
- Interconnection of all branches in reporting system for periodic & annual reports producing statistical and non-standard statement for financial position.
- Identifying problems and changing required for financial management structure and accounting procedures in company & following up the implementation of these adjustments required.
- Evaluating proper compliance of the accounting and financial policies, procedures and international accounting standards.
- Preparation of Annual Operation Plan (AOP) as financial information for all branches with the Branch managers.
- Attendance of periodic meetings with managers to study the differences of the current monthly budgets with deviation report from Budget.
- Review and analysis of public expenditure reports for each branch per month explaining the differences on the budget.
- Managing company liquidity and cash flow producing monthly report.
- Dealing and renewing with Banking facilities & pricing for the services.
- Cooperation with external Auditor Locally & overseas for Financial Statement.
- Coordination with your Tax consultant for All Taxation issues.
- Preparation of Consolidated Financial Statement for Company periodically.

 Ensured monthly standard journal entries are prepared on time; verify the same as well as correctness and check the record of company transactions if updated
 Develop monthly/quarterly and annual, statistical and non- standard reports and statement required analysis of trend.
 Identify problems and changing requirements regarding management information needs, auditing, procedures, Accounting structure or reports and recommend changes or modifications
 Ensure the full compliance with accounting and financial policies, procedures and international accounting standards
 Monitor variances of budgets and prepare forecasts report
 Prepare the annual budget by providing the required information to the management including the division and departmental managers
 Preparing monthly reports explaining OH variances.
 Manage the cash flow, do the monthly basis report and forecast of the company and project level
 Coordinate with the banks facilities
 Serving as liaison with External and Internal auditors
 Project Costing - monitoring actual project cost against the budget, reporting and analyses the variances.

Responsibilities in brief are as follows:
 Attend all Inquiries and specific requirements by all officers of the Company and follow up on the same
 Manage the cash flow, do the monthly basis report and forecast of the company and project level
 Coordinate with the banks any urgent documents needing for follow up
 Develop monthly/quarterly and annual, statistical and non- standard reports and statement required analysis of trend.
 Direct and supervise the accounting operations and staff with the spirit of teamwork and career advancement
 Ensure that management within the company and the holding company receive reliable and accurate information
 Ensured monthly standard journal entries are prepared on time; verify the same as well as correctness and check the record of company transactions if updated
 Identify problems and changing requirements regarding management information needs, auditing, procedures, Accounting structure or reports and recommend changes or modifications
 Ensure the full compliance with accounting and financial policies, procedures and international accounting standards
 Lead the development of financial controls framework across the accounting department, Projects .etc.
 Monitor variances of budgets and prepare forecasts report
 Prepare the annual budget by providing the required information to the management including the division and departmental managers
 Prepare the monthly accounts, Profit and Loss statements, Balance sheet and Cash Flow Statement
 Preparing monthly reports explaining OH variances.
 Rendering of advisory service to the Company management and group Financial Controller in connection with accounting matters
 Review and verify all bank documents for validity and compliance and verify the monthly bank reconciliations
 Serving as liaison with External and Internal auditors
 Project Costing - monitoring actual project cost against the budget, reporting and analyses the variances.

Responsibilities in brief are as follows:
- Arrange Finance statement, Income statement, trail Balance, Profit & loss Account
- Direct and manage bank facilities, negotiate for rates & limits.
- Prepare financial plane and control cost analysis.
- Review data about raw material, assets, liabilities, income, contracts and expenses.
- Manages all Finance & accounting Activities.
- lead all Financial control activity, ensuring compliance with all financial control policy
- Project Costing - monitoring actual project cost against the budget, reporting and analyse the variances.
- Ensure that all revenues, costs and liabilities are properly recorded and accounted for and that all assets are secured.
- Establishes system controls for new financial systems and develops procedures to improve existing systems
- Coordinates preparation of external audit materials and exeternal financial reporting.

Responsibilities in brief are as follows:
- Manage cash on hand, receivables & payables and perform accounts reconciliation.
- Follow up and preparing report. Review, design & implementation of Accounting & Internal Control Systems.
- Review of business risk and controls Ensuring compliance with company standards
- Direct and manage bank facilities, negotiate for rates & limits.
- Assist financial planning and cost analysis.
- Review data about raw material, assets, liabilities, income, contracts and expenses.
- Manages Warehouse & Inventory control function (Raw Material, Finish goods).
- Implementing ERP package “SAP” Including Financial, Purchasing, Distributions modules and Supply Chin Module “Sap”

Responsibilities in brief were as follows
- Arrange and monitor Bank Facilities & Cash Management and report to MD.
- Arrange L/Cs, L/Gs, shipping guarantee, cash against doc. for import & Export
- Treasury Management control of receivables & payables, overdrafts, loan accounts and perform Risk Assessments.
- Co-ordinate with sales/marketing for credit control and overdue receivables.
- verify Monthly Reconciliation and endorse Journal Vouchers,
- Supervise Internal Audit Team members of the ISO.
- Prepare process and check invoices, Reconcile assigned accounts.
- Maintains records of contracts, updating of statement of accounts.
- Supervises the departmental accounting function and coordinates the completion of monthly closing of accounts
- Implementing ERP packages “Alpha 2000” Including Financial & Distributions modules and Sales Module “Alpha 2000”

Responsibilities in brief were as follows:
- Reconciliation of customer and supplier accounts
- Coordinate with customers for the receivable and clear any issues they do have.
- Follow up with customers for the outstanding amount.
- Follow up of cash collections and overdue receivables
- Preparation of daily Sales Summary
- Evaluating Credit Limit and investigating about customer complaints
- Reviewing contracts, agreements, letters of credit and documentation.

Cairo Trading Company - Egypt. (Agent for Casio, Hitachi, Brother).
Responsibilities in brief were as follows:

- Execute approved audit plan and complete the work program within time budget
- Evaluate existing controls, procedures, work practices.
- Identify control weaknesses, risk areas, inefficient work practices and recommend improvements.
- Ensure that audit objectives are met
- Develop internal audit reports.
- Report to Group Internal Audit Manager
- Submit recommendations to improve business practices and safeguarding of assets.
- Evaluate Information Technology (IT) systems and computer operations.
- Present daily cash & bank balances to Chief Auditor,
- Ensure that all liabilities are recorded accurately with proper authority.
- Conducting end of year stock inspection

THE INTERNATIONAL CENTER FOR AUDITING (Auditing Companies & firms)
Responsibilities in brief were as follows:
- Assisting in preparation for audit of Periodical Financial Statements of clients.
- Conducting end of year stock inspection.
- Examining client's records & documents.
- Evaluating client's regulation & restrictions.
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