MOHAMED ELSAYED

• Responsible for leading the comprehensive range of timely and accurate accounting for the corporate business units.
• Developing the internal controls and reporting within the KSA office.

• Responsible for controlling the provide accurate accounting and financial services for corporate and business units including periodic financial reports, statutory financial statements, and compliance standards under local KSA law.

• Management and development of the finance function, ensuring that the long term strategic planning, cash management, budgeting and financing of the business contribute to the overall strategy for Saudi Arabia

• Develop and implement financial structure and reporting according to global standards, amend ERP system as appropriate

• Reporting and accounting as per regulatory and legal requirements annual report and accounts.

• Ensure effective internal control system (ICS) is implemented as per corporate standards in finance and other related functions in company.

• Supervising Costing and Cost Deviation for the Production Cycle

• Cash flow planning as well as investment and financing strategy and activity planning

• Ensuring quality of work while meeting timelines for reporting.

• Managing treasury function including assessing the company's financing needs, and identify suitable funding sources.

• Working very closely with Managing Director to support in day to day operations on financial matters.

Managing the accounting of the operations and results of the various businesses, and the provision of financial, commercial and management information.
Ensure that financial controls over the assets, operations and reporting of the Company’s affairs are effective.
Participating in establishing plans and operational policies for the Company, and monitor performance against those policies and operational targets.
Reporting of operational results in a manner consistent with all applicable legal requirements and Group Accounting Policies, Preparation of Financial Statements, Cash flows and Budgets
Establishing policies, procedures, and a plan for the provision of accounting facilities and services
Coordinate the formulation of annual operating and capital budgets, implement programs for monitoring actual against budget; identify and report unfavorable trends to Management
Represent the Company in contacts with the Finance Community (bankers, regulators, accountants, etc.) to further the legitimate interests of the Company.
Improve the understanding of all staff on financial management matters.
Ensure that an appropriate schedule of audits and other operational reviews is conducted on a regular basis
Responsible for a team of up to 10 staff in day to day management
Implementing required fiscal controls as required
Preparing monthly financial statements, Budget and variance analysis
Control over company assets, funds and inventory management.
Preparation of monthly reports and present periodic updates to the Division Head and General Manager.
Analysis of contracts and supervision of HR & Administration matters.
Develop and implement policies and procedures
Responsible for the Implementation and Management of the Great Plains ERP System

• Plans and implements work objectives and schedules through leadership of a specialist team by setting objectives, managing performance, developing and motivating employees, in order to ensure an effective service is provided to the business and the highest levels of performance are achieved.- -Supervising, Organizing and Directing the daily work of the Accounts department and Its
Accountants (Head Quarter and Regions)
Head quarter (7 Accountant), Regional Accountants(8) Store Accountants(2 )Accountants
-Initiating the Departments Working Rules, Plans and Procedures supported by the financial forms
required as : Payment Request Form, Advance Settlement Form, Sales and Collection forms…etc
- Provide direction, supervision and training to employees under their supervision in performing their tasks and in solving problems they encounter while performing their jobs.
- Ensure that all functions to be undertaken by their section have been allocated to responsible people and are correctly completed with no functions left undone or unaccounted for.
- Develop, maintains and ensures compliance with policies and procedures set for the finance function.
- Assist in setting quality control procedures that will enhance the services.
- Provide Head of department with regular reports and management information relating to the business of their section in an accurate and timely manner.
- Ensure the provision and distribution of all necessary information to other departments in an accurate and timely manner.
- Keep abreast of new developments, methods and techniques in securities markets and the operation of their finance functions.
• Carefully executes hedging activities as communicated by Group Treasurer on a necessity basis (daily if needed).
- Prepare and conduct performance evaluations of staff under their supervision.
- Ensure that a high level of co-ordination and communication is maintained through directing their staff and enhancing working relationships with other sections.
- Assist in preparing and consolidating data required for budgets, in line with proposed levels of revenue, capital expenditure, personnel costs, operating, general and administrative expenses.
- Approve expenses and overtime for employees working under their supervision.
- Maintain control over cash in banks.
- Maintain control over accounts payable and receivable.
- Ensure statements of accounts are sent to the brokers in due time.
- Ensure payrolls for employees and payments to staff for reimbursement of expenses/allowances are processed in an accurate and timely manner.
- Review payments made to suppliers to ensure their accuracy and to verify that proper documentation is in place.
- Ensure that sufficient procedures are applied to safeguard the assets and that comprehensive records are kept upon the company's assets.
- Reconcile the balances of various subsidiary ledgers with the control accounts in the general ledger.
- Provide any necessary clarification to internal and external auditors.
- Prepares and complies financial reports, plans and budgets for the department, reviews and coordinates contributions of others, encourages implementation of recommendations and manages to deliver results to quality, time and budget objectives

-Managing the accounting of the operations and results of the various businesses, and the provision of financial, commercial and management information.
-Ensure that financial controls over the assets, operations and reporting of the Company’s affairs are effective.
-Participating in establishing plans and operational policies for the Company, and monitor performance against those policies and operational targets.
- Reporting of operational results in a manner consistent with all applicable legal requirements and Group Accounting Policies
- Establishing policies, procedures, and a plan for the provision of accounting facilities and services
- Coordinate the formulation of annual operating and capital budgets, implement programs for monitoring actuals against budget; identify and report unfavorable trends to Management
-Represent the Company in contacts with the Finance Community (bankers, regulators, accountants, etc.) to further the legitimate interests of the Company.
-Improve the understanding of all staff on financial management matters.
-Ensure that an appropriate schedule of audits and other operational reviews is conducted on a regular basis
-Working Through Microsoft Great Plains ERP System

Responsible For The Implementation & Managing Of Great Plains Erp Solution System At Algihaz Construction &Trading Company And At The Saudi Factory For Weaving Sacks
Studying The Company Requirements And Implementing The Following Modules:
1. Financial (GL)
2. Purchasing & Accounts Payable
3. Sales & Accounts Receivables
4. Distribution & Inventory Control
5. Fixed Assets & Property Management
6. Projects Accounting
7. Manufacturing
8. Resources Planning
9. Payroll
10. Human Resources
11. Report Designer (Report Writer & Crystal Report )

Professional Skills
1- Design & Implement Cost Accounting System
2- Design &Implement Special Financial Reports According To Standard Formats.
Such As (Different Financial Statements, Income Statement - Balance Sheet -Cash Flow -Owner's Equity)
3- Managing Payroll Accounting And Personnel Systems.
4- Making Feasibility Studies For A Wide Range Of Vertical Market Industries.
5- Hands On Experience With Financial Auditing
6- Planning & Budgeting.
Part Time Job :
System Analyst For Maestro Financial Program
It Is A Local Made Financial Program Developed By Some Indian Programmers At The Saudi Market Which Includes The Following Modules:
• Financial & Banking
• Sales & Receivables
• Purchasing & Payables
• Inventory Control
• Fixed Assets
• Personnel & Payroll ( According To The Saudi System )
• Maintenance Management
• Real State Management
*Job Description:
• Analyzing The System And Reporting Its Drew-Back For System Development
• Making A Training Course For The Sales Representatives And Newly Hired Business Consultants.
• Demonstrating The System For Prospective Customers
• Planning & Supervising The System Setup & Implementation For The Current Customers

Accounts Manager for A-Fanar Information &Technology one of Al-Fanar group.
responsible for the operation of the accounts department and reporting directly to the financial manager of the whole group
My Duties Include:
1.Cash management and forecasting
2.Hands on Monitoring and Processing of payabales
3.Management of document handling and data input
4.Verification & Authorization of expenditures.
5.Recording and accounting of commitments and expenditure as incured, and all subsequent
allocation, approval an accounting
6.Ensuring regular and timely account reconciliation and subsequent follow up actions
7.Monitoring of sales recording of receivables, and managing of collection
8.Accounting for and controlling barter deals
9.Prime responsibility for managing expenses ledger, and follow-up of aged debtor/creditor reports.
10.Payables & Payroll supervising and managing.
11.Preparing&Monitoring Budget and Cash Flow.
12.Monthly operation review reports(income statement&balance sheet)

2- Accounts Manager (Jan 2000- Jan 2002)
Nile Networks IT Co.
Applying JD Edwards ERP System as the Project Manager and Participated In its Implementation and Training in the Company
Responsibilities:

• Ensure that company internal control procedures relating to payments, processing and documentation is adhered to.
• Prepares monthly financial statements in accordance to international Accounting Standards.
• Participate in preparation of Monthly Management reports.
• Participates in compilation of company budget and its monthly follow-up.
• Supervise and allocates work to the Accountants and responsible for department administration.
• Responsible to ensure that liabilities are paid on time and receivables are timely collected.
• Ensures company policies related to payments, procurement and contracts are completely followed.
• Sub Contracts management, accurate recording, payments and contract compliance.
• Co-ordination with Accounting Application Consultant for developments in the software, control of access rights, etc.
• Monthly Percent of Completion, Project Accounting is accurately processed.
• Organize the timely completion of external audit.
• Handles Finance Manager’s day-to-day work during his absence.

Checking And Implementing New Software For The Group
Controlling Of Purchase Costing For The Group
Responsible For All Computer System Accounting For One Of The Group’s Company.
Sharing And Developing New System For Budgeting For The Group.
Revise And Approve All Of The Expenses Reports.
Assure The Correct Use Of Financial System.
Assure The Accuracy Of The Expenses And Costs.
Assure That The Required Procedures Of Disbursement Are Followed.
Periodical Check On The Book Keeping System, The Program Accountability And Petty Cash Records.
Assure The Accuracy Of The Financial System Data Input.
Implementing The Integrated Accounting Program (Loan Performer).

-1- Responsible For The Integrated Account Program (Alpha Misr).
2- Making Monthly Trial Balances And Final Statement.
3- Preparing Banks Settlements.
4- Administrator For Computer Network
5-Preparing Cash Flow And Budgets.
6-Feasibility Studies For Banking Loans.
7- Entering Data To Integrated Account Program (Alpha Misr).
8- Making Trial Balances And Balance Sheets.
9- Making Banks Statements.
10- Making Monthly Salary Statements.
11-Revising The Cash Movements And Make Entries.