AHMED ESSAM
Assistant Finance Manager
Dubai
Summary
Experienced with financial analysis, budget management, and strategic planning. Utilizes strong analytical skills to optimize financial performance and identify cost-saving opportunities. Knowledge of regulatory compliance and financial reporting standards ensures accurate and timely financial documentation.
Overview
7
7
years of professional experience
4
4
years of post-secondary education
2
2
Languages
Work History
Assistant Finance Manager
Al Nibras International Private School
08.2023 - Current
- Increased efficiency in accounts payable and receivable.
- Delivered regular financial presentations to senior management, facilitating informed decision-making processes.
- Supported annual budget preparation process by providing detailed analysis of historical data and future projections.
- Ensured timely completion of month-end closing procedures for accurate financial statements.
- Collaborated with cross-functional teams to optimize resource allocation, resulting in increased profitability.
- Mentored junior finance staff members, fostering an environment of continuous learning and professional development.
- Enhanced budget management by closely monitoring expenses and identifying cost-saving opportunities.
- Managed cash flow effectively through vigilant monitoring of incoming revenue streams and outgoing payments schedules.
- Improved financial reporting accuracy by streamlining processes and implementing automated systems.
- Provided expert guidance on tax compliance, reducing the company''s exposure to penalties and fines.
- Reviewed and improved internal controls, enhancing overall financial integrity within the company.
- Reviewed documentation and identified financial discrepancies where applicable.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Senior Accountant
DELTA AL WADI CONTRACTING L.L.C
02.2021 - 07.2023
- Generated and presented monthly financial statements to senior management
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities
- Analyzed files and accounts for discrepancies, accurately resolving variances
- Coordinated payment runs and accounts across different business entities and territories
- Created and implemented procedures and best practices for the bank reconciliation process
- Partnered with auditors to prepare yearly audits and ensure compliance with governmental tax guidelines
- Prepared and distributed financial statements and reports, including variance reports, regulatory filings, and related schedules
- Accurately documented all cash, credit, fixed assets, accrued expenses, and line of credit transactions
- Reconciled accounts from income and expense data to net worth and assets
- Reviewed and processed employee expense reports and vendor invoices for payment
- Filed tax returns and prepared governmental reports in compliance with strict standards
- Prepared VAT and income tax forms for commercial and individual clients
- Processed payroll and calculated deductions
- Updated journal entries and accounts on an accrual basis with ERP software
General Accountant
NABIL AHLI BUILDING CONTRACTING L.L.C
11.2017 - 01.2021
- Reconciled accounts from income and expense data to net worth and assets
- Accurately tracked tax, invoicing, and budget information using QuickBooks
- Cooperated with senior leaders to create operating budgets and initiate financial planning
- Managed financial updates, watch lists, and insurance files
- Compiled general ledger entries on a short schedule with 100% accuracy
- Installed internal controls and set up standard procedures for business accounting systems
- Generated invoices based on established accounts receivable schedules and terms
- Completed reviews of personal or business records in cases of insolvency and bankruptcy
- Resolved invoice coding and tracked recurring expenses for accrual entry
- Assisted with developing and ongoing control of costing and pricing systems for business goods
- Helped resolve disputed claims as official client representative to tax officials
Education
DEGREE OF ACCOUNTING - FACULTY OF COMMERCE
CAIRO UNIVERSITY
09.2013 - 05.2017
Skills
Bank reconciliation
ERP system expertise
Audit coordination
General ledger management
Cash flow management
Tax compliance
Internal controls
Cost accounting
Fixed asset management
Accounts payable management
Financial budgeting
Personal Information
- Nationality: EGYPTIAN
- Driving License: UAE DRIVING LICENCE
Timeline
Assistant Finance Manager
Al Nibras International Private School
08.2023 - Current
Senior Accountant
DELTA AL WADI CONTRACTING L.L.C
02.2021 - 07.2023
General Accountant
NABIL AHLI BUILDING CONTRACTING L.L.C
11.2017 - 01.2021
DEGREE OF ACCOUNTING - FACULTY OF COMMERCE
CAIRO UNIVERSITY
09.2013 - 05.2017
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