Mohamed Fawzy Sayed
Abu Dhabi
Summary
A highly skilled and detail-oriented Certified Accountant with over [15] years of experience in financial reporting, bookkeeping, budgeting, and tax preparation. Proficient in utilizing accounting software such as QuickBooks, SAP, Focus and Oracle to ensure accurate financial management and compliance. Proven ability to optimize financial processes, reduce costs, and enhance organizational efficiency. Adept at analyzing financial data to support business decisions, ensuring both accuracy and timeliness. A dedicated professional ready to add value to a dynamic financial team.
Overview
18
18
years of professional experience
1
1
Certification
Work History
Accounting Manager
Ramah General Contracting & Transport LLC SPC
Abu Dhabi
05.2021 - Current
- Supervising daily accounting operations.
- Preparing accurate financial reports.
- Adjusting the company's budget and controlling its expenses.
- Tax administration and financial compliance.
- Reconciled monthly bank statements and resolved discrepancies.
- Produced year-end financial statements in line with regulatory standards.
- Monitored expenses, income, budgets and petty cash records and acted upon errors.
- Reported on financial situation to guide decision-making and budget formulation.
- Improved organisation's financial health and operation viability.
- Handled customer and employee finance queries, complaints and concerns, resolving with balanced solutions.
- Increased transparency of financial operations to prepare for external audits.
- Managed accounts payable and receivables, raising invoices, reconciling accounts and processing cash transactions.
- Consulted with managers and chief executive to understand financial situation.
- Helped managers set budgets based on forecasts and available resources.
- Established daily priorities and organised workloads to maximise productivity.
- Coordinated financial services for multiple clients and maintained strict compliance standard and controls.
- Controlled expenditure, oversaw recordkeeping and monitored compliance with standards.
- Directed financial team, established controls and set policies for optimum operational results.
- Developed and implemented strategic plans to reduce expenses and increase profits based on financial analyses.
- Arranged and processed accurate and on-time VAT returns to HMRC.
- Assessed financial strengths and weaknesses of company strategy.
- Advised managers on market trends to create robust economic plan.
- Partnered with senior operations leadership on budgetary and financial management decisions.
- Represented organisation with regulatory bodies and key stakeholders.
Senior Accountant
Ramah General Contracting & Transport LLC SPC
Abu Dhabi
04.2019 - 04.2021
- Managed financial accounts, reconciling bank statements and monitoring cash flow to maintain accurate records.
- Managed accounts payable and receivable, ensuring timely settlement of invoices and maximising cash flow.
- Reviewed and reconciled bank statements, ensuring all financial transactions were accurately recorded.
- Produced monthly and year-end closing statements, financial documents and invoices.
- Generated financial statements documenting revenue, expenses and liabilities.
- Updated general, sales and purchasing ledgers on schedule and verified information against documentation.
- Coordinated month-end and year-end close processes, ensuring accurate and timely financial reporting.
- Posted journal and ledger entries, prepared financial statements and reports and closed books.
- Oversaw payroll operations, ensuring timely and accurate salary payments to all employees.
- Managed payroll function, ensuring accurate and timely processing of salaries, bonuses, and deductions.
Payroll Accountant
Ministry of Education
Beni Suef, Egypt
01.2013 - 01.2019
- Implemented new payroll software, leading to a 30% reduction in processing time and increased efficiency.
- Liaised with HR to ensure employee data was up-to-date and reflected changes in salary, bonuses, and deductions.
- Reconciled payroll accounts and resolved discrepancies swiftly to maintain financial accuracy.
- Facilitated the transition to a paperless payroll system, significantly reducing errors and environmental impact.
- Managed queries from employees regarding payslips, tax deductions, and benefits, providing clear and concise information.
- Updated payroll policies and procedures in line with changing legislation, maintaining legal compliance.
Accountant
Al Babtain Power & Telecom Egypt
6 October, Egypt
08.2010 - 12.2012
- Completed detailed reviews of accounts and bookkeeping records to verify compliance with standards.
- Calculated, prepared and filed payroll taxes for clients.
- Helped departmental managers develop and optimise inventory controls.
General Accountant
Dr. Amin Lotfy for Accounting and Auditing
Cario, Egypt
01.2008 - 07.2010
- Tracked fixed assets and calculated depreciation, ensuring accurate reflection of asset values in financial statements.
- Data collection and classification.
- Sampling and matching entries.
- Financial data analysis.
Education
A Bachelor of Commerce degree in Accounting - Faculty of Commerce
Beni Suef University
Egypt2007
Skills
- Financial reporting
- Tax compliance
- Budget management
- Expense control
- Data analysis
- Financial forecasting
- Audit preparation
- Team leadership
- Problem solving
- Client management
- Process improvement
- Decision support
- Financial reporting and analysis
- Taxation knowledge
- Month-end close management
- Cash flow management
- Balance sheet reconciliations
- Audit procedures
- Invoice management
- Expense management
- Cash Flow analysis
- Technical accounting
- Performance analysis
- Accountancy principles
- VAT returns
- Management accounting
Languages
Arabic
First Language
English
Upper Intermediate
B2
Certification
- CMA Study
- ITI Computer Advanced Skills (Word - Excel - Power Point - Access)
Interests
- Sports
Timeline
Accounting Manager
Ramah General Contracting & Transport LLC SPC
05.2021 - Current
Senior Accountant
Ramah General Contracting & Transport LLC SPC
04.2019 - 04.2021
Payroll Accountant
Ministry of Education
01.2013 - 01.2019
Accountant
Al Babtain Power & Telecom Egypt
08.2010 - 12.2012
General Accountant
Dr. Amin Lotfy for Accounting and Auditing
01.2008 - 07.2010
A Bachelor of Commerce degree in Accounting - Faculty of Commerce
Beni Suef University