Mohamed Ahmed Aly Elhety
Dubai
Summary
Results-driven Accounts and Finance Manager experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. Proactive Accounts and Finance Manager with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level Accounts and Finance Manager position. Ready to help team achieve company goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
16
16
years of professional experience
Work History
Accounts and Finance Manager
BGC
2023.01 - Current
- Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
- Consolidated multiple entities'' financial statements accurately adhering to IFRS standards, enhancing transparency in reporting for stakeholders.
- Coordinated external audit engagements promptly addressing any concerns raised while maintaining strong professional rapport with auditors.
- Collaborated with cross-functional teams to develop financial strategies, supporting company growth and revenue generation.
- Managed budget planning and forecasting to ensure optimal resource allocation and cost control.
- Developed comprehensive financial models to support decision-making in business expansion efforts.
- Directed preparation of annual budgets, ensuring alignment with corporate goals and objectives.
- Established robust internal control system, mitigating risks related to fraud or mismanagement of funds.
- Assisted executive leadership during mergers and acquisitions process by providing detailed analysis of target companies'' finances.
- Monitored departmental expenditures closely against budget plans which effectively reduced unnecessary spending.
- Provided financial advice to senior management, offering recommendations on potential investments or cost-saving measures.
Accounts and Finance Manager
Royal Capital General Contracting
2021.01 - 2022.12
- Reduced financial discrepancies by conducting thorough internal audits and identifying areas for improvement.
- Consolidated multiple entities'' financial statements accurately adhering to IFRS standards, enhancing transparency in reporting for stakeholders.
- Coordinated external audit engagements promptly addressing any concerns raised while maintaining strong professional rapport with auditors.
- Collaborated with cross-functional teams to develop financial strategies, supporting company growth and revenue generation.
- Managed budget planning and forecasting to ensure optimal resource allocation and cost control.
- Developed comprehensive financial models to support decision-making in business expansion efforts.
- Directed preparation of annual budgets, ensuring alignment with corporate goals and objectives.
- Established robust internal control system, mitigating risks related to fraud or mismanagement of funds.
- Assisted executive leadership during mergers and acquisitions process by providing detailed analysis of target companies'' finances.
- Monitored departmental expenditures closely against budget plans which effectively reduced unnecessary spending.
- Provided financial advice to senior management, offering recommendations on potential investments or cost-saving measures.
- Implemented stringent risk management practices, protecting company from potential financial losses due to market fluctuations or unforeseen events.
- Strengthened vendor relationships by negotiating favorable payment terms, improving cash flow stability for organization.
- Ensured timely and accurate financial reporting by establishing clear deadlines and holding team members accountable for meeting them.
- Optimized cash flow management through effective working capital controls and proactive receivables monitoring.
- Streamlined financial processes by implementing efficient accounting software and automation tools.
- Implemented tax planning strategies that minimized liabilities while remaining compliant with applicable regulations.
- Successfully led transition of accounting software systems resulting in streamlined workflows.
- Trained junior accountants on best practices in accounting procedures and compliance requirements, building highly skilled finance team.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Complied with established internal controls and policies.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Established internal audit procedures to validate and improve accuracy of financial reporting.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Analyzed business processes to identify cost savings and operational efficiencies.
- Performed banking, business administration and financial tasks to guarantee five-star service for clients.
- Utilized financial software to prepare consolidated financial statements.
Senior Accountant
ECS Global Wire & Cable
2018.05 - 2021.12
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Evaluated and improved financial records to make important business decisions.
- Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
- Managed quarterly and annual tax filings for company, ensuring timely submissions and compliance with regulations.
- Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
- Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
- Reviewed budgets and communicated discrepancies to senior management.
- Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
- Expedited payroll and invoicing by streamlining billing systems.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit's performance.
- Contributed to hiring, training and development of accounting teams.
- Spearheaded team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
Senior Accountant
Square General Contracting-Square Precast Factory
2015.07 - 2018.05
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Evaluated and improved financial records to make important business decisions.
- Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
- Managed quarterly and annual tax filings for company, ensuring timely submissions and compliance with regulations.
- Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
- Reviewed budgets and communicated discrepancies to senior management.
- Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
- Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
- Expedited payroll and invoicing by streamlining billing systems.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit's performance.
- Contributed to hiring, training and development of accounting teams.
- Spearheaded team of junior accountants, providing mentorship and guidance to improve efficiency and accuracy in their work.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Liaised with clients regarding financial plans and objectives.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
- Streamlined financial reporting process by implementing new accounting software and automating tasks.
- Contributed significantly towards cost-saving initiatives through meticulous analysis of expenses patterns and identification of areas ripe for optimization.
- Recommended strategies to expedite filing projects and annual reporting.
- Ensured regulatory compliance with GAAP standards by staying current on updates and integrating changes into accounting practices as needed.
- Developed comprehensive budget plans for each department, collaborating closely with managers to align expenses with strategic goals.
- Served as key liaison between Finance and Operations teams, ensuring effective communication on budgetary matters and fostering cross-functional collaboration.
- Directed accounting team in timely reporting of finances for diverse client businesses.
Senior Accountant
Sands Contracting Co
2011.10 - 2015.06
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
- Reduced errors in financial statements through stringent review procedures and regular reconciliation of accounts.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Evaluated and improved financial records to make important business decisions.
- Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
- Managed quarterly and annual tax filings for company, ensuring timely submissions and compliance with regulations.
- Successfully managed multiple high-stakes projects concurrently, consistently meeting deadlines while maintaining exceptional attention to detail and quality control.
- Reviewed budgets and communicated discrepancies to senior management.
- Established strong relationships with vendors to negotiate favorable payment terms that improved working capital management.
- Optimized month-end closing procedures by streamlining workflow processes, reducing time taken from 10 days to 5 days without compromising accuracy or detail level achieved.
- Expedited payroll and invoicing by streamlining billing systems.
- Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit's performance.
- Contributed to hiring, training and development of accounting teams.
Accountant & Purchase in Charge
Al Bayareq Building Contracting
2009.05 - 2011.10
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Used advanced software to prepare documents, reports, and presentations.
- Assisted in reducing outstanding accounts receivable balances by diligently following up on overdue invoices.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Managed cash flow effectively, ensuring all company liabilities were met in timely manner and surplus funds were invested wisely.
- Collaborated with external auditors during annual audit process to provide necessary documentation and address any concerns or findings promptly.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Prepared and filed tax forms to meet needs of customers.
- Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.
- Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
- Reduced expenses by negotiating with vendors for better pricing and terms on services and supplies.
- Evaluated and improved financial records to make important business decisions.
- Improved data collection, financial analysis and financial modeling to optimize practices and retain customers.
- Increased efficiency by streamlining accounting processes and implementing new financial software.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Partnered with auditors to track errors and add contributions to maintain accuracy.
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Implemented effective cost control measures to minimize overspending without sacrificing quality or service levels.
- Provided journal entries and performed accounting on accrual basis.
- Prepared working papers, reports and supporting documentation for audit findings.
- Maintained integrity of general ledger and chart of accounts.
- Collected and reported monthly expense variances and explanations.
- Tracked funds, prepared deposits and reconciled accounts.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
Accountant
Al Quds Contracting
2008.08 - 2009.04
- Handled day-to-day accounting processes to drive financial accuracy.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Gathered financial information, prepared documents, and closed books.
- Completed daily cash functions like account tracking, payroll and wage allocations, budgeting, donating, and cash, and banking reconciliations.
Education
Lead With Finance - Public Finance
Harvard Business School
Online 11.2023
Preparation of CMA - CMA
PWC Acadmy
Dubai06.2014
Bachelor of Commerce - Accounting And Finance
Faculty of Commerce
Kafr Al Shiekh Univercity05.2007
Skills
- Bank Reconciliation
- ERP System Expertise
- General Ledger Management
- Payroll Processing
- Accounts receivable management
- Cash Flow Management
- Audit Coordination
- Fixed Asset Management
- Internal Controls
- Intercompany Transactions
- Cost accounting
- Project Accounting
- Revenue Recognition
- Expense Tracking
- Tax Planning and Compliance
- Debt management
- Credit Control
- Foreign Currency Transactions
- Attention to Detail
- Critical Thinking
- Decision-Making
- Team Building Leadership
- Planning and coordination
- Relationship building and management
- Prioritizing and Planning
- Cash handling expertise
- Financial analysis and reporting
- Staff Management
- Work Planning
- Accounting management
- Process Implementation
- Workflow Coordination
- Data Analysis
- Risk Management
- Budget Planning
- Financial Management
- Budget Forecasting
- Cost Data Analysis
- Financial Resource Management
- Adaptable to market fluctuations
- Strategic Communication Management Professional
- Quality Assurance
Languages
Arabic
Bilingual or Proficient (C2)
English
Bilingual or Proficient (C2)
Timeline
Accounts and Finance Manager
BGC
2023.01 - Current
Accounts and Finance Manager
Royal Capital General Contracting
2021.01 - 2022.12
Senior Accountant
ECS Global Wire & Cable
2018.05 - 2021.12
Senior Accountant
Square General Contracting-Square Precast Factory
2015.07 - 2018.05
Senior Accountant
Sands Contracting Co
2011.10 - 2015.06
Accountant & Purchase in Charge
Al Bayareq Building Contracting
2009.05 - 2011.10
Accountant
Al Quds Contracting
2008.08 - 2009.04
Lead With Finance - Public Finance
Harvard Business School
Preparation of CMA - CMA
PWC Acadmy
Bachelor of Commerce - Accounting And Finance
Faculty of Commerce
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