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Sayed Ahmed, Finance Manager

Sayed Ahmed

Finance Manager·Majed Al-Baqami Factory for Refrigerators

Saudi Arabia

Bachelor's degree, Accounting

Work experience

Total years of experience: 20 years, 0 months

Finance Manager

March 2026 - Present

Majed Al-Baqami Factory for Refrigerators

Jeddah, Saudi Arabia

March 2026 - Present

• Lead all finance and accounting operations for the group’s manufacturing entities.
• Oversee monthly and annual financial reporting and closing activities in compliance with applicable accounting standards.
• Manage cash flow, liquidity planning, banking relationships, and working capital to support operational and strategic objectives.
• Prepare, review, and submit VAT and Zakat filings while ensuring full compliance with ZATCA requirements.
• Develop and implement financial policies, procedures, and internal controls to strengthen governance and operational efficiency.
• Provide financial analysis and management reports to support executive decision-making and business growth.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Finance Manager

November 2021 - March 2026

Ishraq Trading services co. Ltd

Khobar, Saudi Arabia

November 2021 - March 2026

• Managed accounting and financial operations, ensuring accurate financial reporting and regulatory compliance.
• Prepared periodic and annual financial statements, management reports, and financial analyses.
• Administered VAT and Zakat compliance requirements, including filings through ZATCA and Qawaem platforms.
• Coordinated external audits and annual financial closing activities.
• Managed treasury functions, cash flow monitoring, and banking operations.
• Supervised accounting processes and financial data integrity across Odoo and Sage 50 ERP systems.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Accounting Manager

March 2018 - August 2021

Al Habib Company for Trading, Comml.

Jeddah, Saudi Arabia

March 2018 - August 2021

• Governed financial and inventory controls for 70 to 100 catering and hospitality projects across Saudi Arabia.
• Reviewed accounting transactions and monitored monthly financial performance for multiple projects and cost centers.
• Collaborated with the CFO in preparing periodic and annual financial statements and management reports.
• Managed VAT reporting and compliance requirements through the ZATCA portal.
• Monitored supplier accounts and aging reports to support cash flow management and payment planning.
• Coordinated external audit requirements and year-end closing activities.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Chief Accountant

October 2015 - November 2017

Dakahlia Group

Cairo, Egypt

October 2015 - November 2017

• Reviewed, audited, and posted all daily multi-entity financial transactions drafted by staff accountants.
• Compiled and presented regular internal financial reviews and statements according to corporate guidelines.
• Audited regular monthly payroll distributions compiled by the human resources department.
• Governed comprehensive asset movements and calculated monthly depreciation for both primary corporate subsidiaries.
• Handled full vendor and customer balance lines, tracking cash receivables pipelines and outbound payments.
• Partnered with external audit representatives to complete all requirements for corporate annual closures.
• Monitored financial processing data integrity across corporate deployments of Oracle JDE and ALFA ERP platforms.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Chief Accountant

October 2012 - September 2015

Sky Livestock

Cairo, Egypt

October 2012 - September 2015

• Managed accounting activities for three group companies operating in livestock, poultry supplies, and food industries.
• Reviewed journal entries, general ledger transactions, and monthly financial reports.
• Prepared periodic and annual financial statements in coordination with the Finance Director.
• Oversaw payroll, fixed assets, accounts receivable, and accounts payable activities.
• Coordinated external audits and maintained accounting records through QuickBooks.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Senior AR Accountant

June 2011 - September 2012

Al-Watania Poultry

Cairo, Egypt

June 2011 - September 2012

• Reviewed sales invoices and ensured compliance with approved pricing policies and sales agreements.
• Reconciled inventory dispatch records with sales invoices to verify quantities delivered to customers.
• Managed customer credit limits, sales returns, and commercial discount transactions.
• Monitored notes receivable, daily collections, and related accounting entries.
• Performed periodic customer reconciliations and balance confirmations for key accounts.
• Prepared monthly receivables reports, aging analysis, customer deposits, and sales commission schedules.
• Maintained accounts receivable records using Compact Accounting and Microsoft Dynamics AX.

Company industry:
Manufacturing
Job role:
Accounting and Auditing

Accountant

January 2006 - May 2011

Bayt Alkhebra Group

Cairo, Egypt

January 2006 - May 2011

• Prepared and logged daily multi-ledger baseline corporate journal entries.
• Formulated internal operational trial balances and compiled monthly financial updates.
• Managed commercial banking accounts, tracked cash positions, and drafted monthly bank reconciliation files.
• Supervised fixed asset files and updated periodic asset depreciation ledger structures.
• Partnered with the company's designated audit office to ensure seamless, successful annual fiscal audits.
• Monitored accounts receivable and accounts payable ledger records via advanced Excel sheets configurations.

Company industry:
Trading & Commodity Trading
Job role:
Accounting and Auditing

Education

Faculty of Commerce

May 2004

May 2004

Bachelor's degree, Accounting

Egypt

Ain Shams

May 2004

May 2004

Bachelor's degree, Accounting

Egypt

Skills

Fixed Assets
Expert
Fixed Assets
Expert
Budgeting
Expert
Budgeting
Expert
Accounting
Expert
Accounting
Expert
Financial Statements
Expert
Financial Statements
Expert
VAT
Expert
VAT
Expert
Falcone ERP
Expert
Falcone ERP
Expert
Oracle JD Edwards, QuickBooks, Microsoft Dynamic Axapta, ALFA ERP, Excel, Word, PowerPoint, Internet
Expert
Oracle JD Edwards, QuickBooks, Microsoft Dynamic Axapta, ALFA ERP, Excel, Word, PowerPoint, Internet
Expert
Asset Management
Expert
Asset Management
Expert
Accounting
Expert
Accounting
Expert
Financial Statements
Expert
Financial Statements
Expert
VAT
Expert
VAT
Expert
Budget Setting
Expert
Budget Setting
Expert

Languages

English
Expert

Memberships

نقابة التجاريين

عضو

September 2006

SOCPA

عضو منتسب

March 2018

Training and Certifications

Training
Emotional Intelligence & Collaborative ‎Work
Al Watania Puoltry
Mar 2012
Computer Driving License,Qualified Accountant Diploma,Introduction to credit Banking
ICDL,QAD,• Introduction to credit Banking
Nov 2007