RAMY MOHAMED BADAWY
Abu Dhabi,United Arab Emirates
Summary
Accomplished finance expert with a strong background in financial management and statutory compliance. Expertise in managing receivables, payables, budgeting, and financial reporting, with advanced skills in SAP, Oracle ERP, and Maconomy ERP systems. Proven track record in team leadership, process optimization, and cash flow management to drive efficiency. Knowledgeable in taxation, auditing, and internal controls, focused on implementing strategies for revenue growth and regulatory adherence..
Overview
1
1
Certification
18
18
years of professional experience
Work history
Senior Accountant
Dorsch Holding GmbH
Abu Dhabi, United Arab Emirates
2018.03 - Current
- Facilitated integration of all government entities through portals such as Aderp, Oracle Fusion Unifier, SAP Ariba, and ERP systems.
- Led all group accountants to ensure alignment with group objectives and enhance overall performance..
- Spearhead annual budgeting and quarterly forecasting processes, ensuring accurate consolidation analysis and comprehensive reporting.
- Spearhead continuous improvement initiatives in budgeting and forecasting processes..
- Assisted teams in tracking performance against budget and forecast.
Helped identify variances and supported insights for improvements.
Contributed to achieving financial objectives across departments. - Issuing estimation for our future payments to the Suppliers according to our forecasting of the scope of the work.
- Supervising all projects in middle east with our finance team in each country.
- Coordinated all banking-related tasks, managing relationships and ensuring compliance with financial regulations..
- Oversaw daily accounting functions, including budgeting and reporting, utilising advanced financial software to streamline processes and improve team productivity..
- Managed financial aspects of company projects, including bid bond processing, budgeting, and final accounting upon project completion..
- Conducted pre-occupation evaluation tracking and general ledger posting to enhance overall project profitability assessment..
- Analysed factors influencing business performance and reported findings to senior management.
- Evaluated and identified cost reduction opportunities to enhance operational efficiency..
- Supervised financial accounting monitoring and reporting systems to enhance accuracy and compliance..
- Prepared financial accounts at year-end for external auditing, ensuring accuracy and compliance with regulatory standards..
- Facilitated interaction with auditors to ensure comprehensive understanding of annual supervision execution..
- Cultivated strong relationships with auditors, solicitors, and bankers to enhance collaboration and trust.
- Produced concise financial reports, ensuring adherence to specific deadlines..
- Assisted in verifying accuracy of bank reconciliations.
Supported direct negotiations with insurance brokers.
Aided in selecting suitable insurance brokers. - Developed standard accounting procedures that streamlined financial operations and maximised efficiency..
- Facilitated coordination with banks to initiate company facilities including letters of credit and guarantees..
- Administered manpower and equipment cost budgets for projects.
Executed budget preparations using Focus-SAP software.
Assisted with payment follow-ups with clients.. - Reconciled invoices with collections to ensure accuracy and consistency.
- Evaluated AP and AR aging reports and communicated findings to management.
- Assisted in month-end closing process and review of financial statements.
Monitored financial status of projects and provided updates as needed.
Supported teams in achieving timely financial closings.. - Provided clarifications to clients regarding financial matters.
Assisted in updating cash flow records for transactions.
Supported financial tracking for incoming and outgoing funds.. - Ensured compliance of all financial transaction systems and procedures with regulations, accounting principles, and standards..
- Assisted in developing financial procedures, including payroll and bookkeeping practices.
Supported implementation of insurance strategies and budget controls.
Contributed to cost control initiatives across departments.
Senior Accountant and Cost Controller
Averda International
Dubai
2015.03 - 2018.02
- Reviewing GL, TB & financials, and External Auditing on a monthly basis.
- Responsible for all projects guarantees & insurance policies and certificates.
- Evaluating the daily cash balance and fund management.
- Reporting directly to CFO with all required reports (Monthly, Quarterly and Yearly) such as (cash flow forecast, budget, Aging…etc.)
- Evaluating the documented financial company information
- Keep a very good relation with all government and private sector entities, since I am the focal point with them.
- Ascertaining the causes of losses & liabilities and conceptualized measures to prevent recurrence.
- Accountable for preparation and evaluation of accounting records, financial statements, and other financial reports to assess the accuracy and completeness as per the reporting and procedural standards
- Carrying out accounting work including audit, analysis, and verifications of fiscal records & reports
- Developing financial and statistical reports.
- Estimating and preparing reimbursement billings & receivables.
- Acquiring appropriate third-party financing assistance from the bank
- Maintaining personnel policies, accounting functions, and procurement procedures
- Responsible for Contracts, inventory management, control procedures financial reporting, and strategic planning
- Preparing budgeting methodologies and supported other Divisional Managers in preparation of budget projections and quarterly reports
- Administering the cost of sales, revenues, and year-to-date operational & remaining accounts receivables versus
- Budgeted costs of Division Managers and forwarded the reports to the CFO on a monthly basis.
Account Officer - Accounts and Finance
Union National Bank
Dubai
2013.02 - 2015.03
- Formulating figures and executive summary reports for presentation to MD.
- Collecting the overdue from delinquent A/C’s of all bank products (Calls, Emails, and Visits).
- Preparing monthly accruals and entries; analyzed and reconciled accounts payable and receivable ledgers.
- Presenting chq, and filing cases (criminal & Civil) against default customers.
- Playing a stellar role in minimizing the losses and guaranteeing the smooth functioning of customer accounts and mutual benefits to the Bank and customers
- Adhering to Branch process and reporting deviations from the management, which should finally lead to an acceptable Branch Audit rating
- Evaluating companies seeking fleet loans by Studying the applications, making full financial analysis, preparing cash flow statements
- Reviewing and finalizing monthly payroll, leave salary, indemnity statements, and HR-related expenses
- Maintaining accounting operations in Oracle Financials with modules such as AP, GL, AR & FA
- Reviewing data entry sorts of accounting and non-accounting-based vouchers along with management of petty cash book of the branch.
- Interfacing with External Auditors for half-yearly & yearly audits to highlight shortcomings & implement recommendations
- Appraising and analyzing the BBD applications of all products in accordance with approved product policy and procedures and Credit Policy
Team leader
Al Wasl International Group
Dubai
2008.03 - 2013.02
- Handling more than 40 collectors with all their tasks and responsibilities.
- Helping my team to achieve their targets and solve all problems they are facing.
- Allocating the portfolio for each staff and making sure he is on track to success.
- Reporting the higher management weekly and monthly reports.
- Collecting the overdue from delinquent A/C’s of all bank products (Calls, Emails, and Visits).
- Presenting chq, and filing cases (criminal & Civil) against default customers.
- Co-operating with all UAE banks to collect most of the overdue which has been escalated to us to collect.
- Providing the company with more cases from UAE banks to work for collection and getting our commission.
- Hiring new collectors and giving them training are my responsibilities
Education
Bachelor Degree - Finance and Accounting
Skills
- Communication skills
- Accounting functions
- Receivables and payables management
- Budgeting and forecasting
- Financial reporting
- Statutory compliance
- Liaison and coordination
- Team management
- SAP and Oracle ERP
- Maconomy ERP
- Financial analysis
- Taxation and auditing
- Bookkeeping and accounting
- Internal financial controls
- Payroll management
- Costing and pricing
- Lease and finance management
- Inventory management
- Business resilience
- Critical thinking
- Revenue growth strategies
- Tax preparation and compliance
- Aging reports analysis
- Time management skills
- Financial management practices
- Process improvement initiatives
- Cash flow management strategies
- Microsoft Office proficiency
Certification
- 2018 I M S Awareness & Internal Auditor & Projects Management Training (TUV Nord).
- 2012 Financial Analysis Development Training at Abu Dhabi, United Arab Emirates.
- 2011 Safty Diploma from Dubai Police Academy.
- 2018 Accounting Standards International Financial Reporting Standards Training at Abu Dhabi.
- 2007 Microsoft Office Certification – from Alexandria University.
- 2004 TOEFL Certificate, Alexandria University.
- 2024 CMA & IFRS are under process.
PERSONAL INFORMATION
Languages: Arabic: Native Speaker.
Beginner
English: Excellent Written and Spoken.
Beginner
References
Could be freshened upon request.
Affiliations
- Travelling, Football,Padel
Timeline
Senior Accountant - Dorsch Holding GmbH
2018.03 - Current
Senior Accountant and Cost Controller - Averda International
2015.03 - 2018.02
Account Officer - Accounts and Finance - Union National Bank
2013.02 - 2015.03
Team leader - Al Wasl International Group
2008.03 - 2013.02
Faculty of Commerce Tanta University - Bachelor Degree, Finance and Accounting