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General Accountant Resources Manager

Location:
Jeddah, Mecca, Saudi Arabia
Posted:
March 18, 2023

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Resume:

AHMED ABU EL NASR

Jeddah, Saudi Arabia

+966-**-***-**** ******.***.***@*******.*** www.linkedin.com/in/asalem1981 Chief Accounting

Dynamic, detail-oriented Chief Accounting respected for 18+ years of directing complex audits, financial accounting operations, and risk management functions for leading corporations. Motivational leader experienced in executing accurate cost accounting procedures and completing comprehensive inventory evaluations to minimize expenses and maximize revenues. Out-of-the-box thinker committed to streamlining workflows, increasing day-to-day productivity, and maintaining strict compliance with quality standards and applicable regulations. Exceptional tenure resulting in multiple promotions, superior leadership and administrative skills, and an upward career trajectory.

CAREER HIGHLIGHTS

Guided the use and improvement of the financial management and internal control systems, financial management software, and medium-term and program budgets at Osama A. El Khereiji and Partners Co.

Implemented accounting systems, policies, and procedures that supported organizational goals and objectives and maintained detailed accounting records that aligned with SOPs and internal controls.

Maintained proper documentation in compliance with set standards at El Sewedy Cables KSA while performing physical inspections of store products, overseeing outgoing items, and updating and preparing accurate store product accounts.

Ensured compliance with the company’s pricing policy while analyzing data pertaining to total product cost and determining appropriate pricing techniques.

Created inter-company account data, including follow-up documentation of major variances and corrective actions, management reports, corresponding schedules, and P&L and cash flow statements at National Supply Company. PROFESSIONAL EXPERIENCE

Osama A. El Khereiji & Partners Co.: Jeddah, Saudi Arabia 2011 – Present Chief Accountant: 2017 – Present

Prepare monthly, quarterly, and annual financial and budget execution reports while maintaining accurate and current records of all financial transactions.

Record, classify, and summarize financial transactions and events in accordance with accepted local accounting principles and financial reporting standards.

Monitor input tax, output tax, and VAT adjustment calculations and assemble, manipulate, and format data for accounting and reporting using spreadsheets, relational databases, statistical packages, and graphic packages.

Manage staff payroll, including calculating monthly salaries, reconcile bank statements, and identify and rectify abnormalities in company fund distribution alongside management.

Advise on the continuous improvement of the financial management system, internal control system, use of financial management software, and medium-term and program budgets.

Cooperate with external auditors to execute annual audits and oversee the implementation of financial controls in compliance with company policies and procedures.

Supervise daily accounting operations, serve on the company’s digital transformation committee, and perform other financial management duties as assigned by the Director of Finance. External Audit & Internal Compliance Manager: 2011 – 2017 Assisted with planning and scaling external audit engagements, including reviewing account and vendor verification work, account reconciliation reports, financial statements, and ration analysis reports.

Evaluated the adequacy of internal controls and performance quality while executing assigned responsibilities and ensuring compliance with organizational policies, plans, procedures, laws, and regulations.

Performed risk assessments for accounting positions and promptly communicated identified issues to clients.

Worked with numerous high-profile clients, including Al Tayar Medical Corporation, Office of Sheikh Saleh bin Mohammed Zouman, Hal International Inc., The British/Dutch International School, and Haifa Holding Company. SKILLS & EXPERTISE

Financial Management

Financial Analysis

Operations Management

Cost Accounting

Regulatory Compliance

Monitoring Zakat and VAT

Internal Accounting Controls

Records Maintenance

Budget Management <SR 21M

Audit Management

Inventory Evaluation

Reporting/Documentation

Complex Problem-Solving

Process Improvement

Budgeting/Forecasting

Ahmed Abu El Nasr, Resume – Page 2 +966-**-***-**** ******.***.***@*******.***

Compiled audit findings to provide clear descriptions of issues, related business implications, and solutions.

Monitored the allocation of budget and time for assignments to ensure audit programs progressed effectively against set budget and deadlines.

Maintained detailed accounting records that aligned with SOPs and internal controls and implemented accounting systems, policies, and procedures that supported organizational goals and objectives.

Swiftly and accurately drafted monthly reports on payable/receivable aging and petty cash. El Sewedy Cables KSA (El Sewedy Electric Group): Yanbu, Saudi Arabia 2009 – 2010 Inventory Control Accountant

Directed all accounting operations, including payables/receivables, monthly reconciliations, and preparation of final end-of-year inventory audits.

Reviewed and analyzed branch data, allocated the required finance to the respective branches in accordance with reports, and submitted variance reports to the Director of Financial Affairs.

Performed physical inspections of store products, oversaw outgoing items, updated and prepared accurate store product accounts, and maintained proper documentation in compliance with set standards.

Conducted quality control tests in accordance with organizational specifications to ensure finished products achieved established quality standards.

Completed physical inspections of store products and oversaw and tracked distribution of outgoing items.

Recorded all key business and monetary issues relevant to accounting operations and completed monthly inventory counts/reconciliations.

Analyzed data pertaining to total product cost and determined appropriate pricing techniques while maintaining compliance with the company’s pricing policy.

Generated and presented the required periodic reports to the Director of Financial Affairs to inform high-level decision-making and support further corrective actions. National Supply Company: Riyadh, Saudi Arabia 2005 – 2009 General Accountant

Ensured smooth cash flow operations by planning the company’s annual budget, forecasting, and financing and developed fiscal stratagems.

Accurately recorded product rates approved by the department and monitored invoice prices to ensure compliance with all set standards.

Executed all activities related to accounting functions, including day-to-day operations and work instructions, and oversaw all accounting tasks to ensure accuracy and efficiency.

Conducted financial analyses of received data and streamlined budgets to comply with tax regulations.

Monitored and managed banking relationships, periodically reconciled bank statements, and delivered comprehensive reports to upper management.

Followed up with clients and suppliers to identify discrepancies and recommend appropriate solutions and communicated with banks to verify deposits and letters of credit after due dates passed.

Prepared management reports and corresponding schedules, P&L and cash flow statements, and inter-company account data, including follow-up documentation of major variances and corrective actions. Additional Experience: Sales Accountant, El Masreen for Trade & Economical Co. (2005) Suppliers Accountant, El Masreen for Trade & Economical Co. (2004 – 2005) EDUCATION & CERTIFICATIONS

Al-Menoufia University, Menoufia, Egypt

Bachelor of Commerce – Accounting

Certifications & Additional Education

Anti-Money Laundering and Financing of Terrorism – Managerial and Financial Training Center

Accounting of Commercial and Industrial Companies – Higher Institute of Accounting TECHNOLOGY & TOOLS

Microsoft Office / Google Workspace / Zoom / QuickBooks / Microsoft Teams / Advanced Microsoft Excel LANGUAGES

Arabic (native) / English (limited professional proficiency)



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