Description

In my role, I have contributed to many projects and accounting operations, internal control, auditing, analyzing financials and budgets to leading system implementations, Accurately and expeditiously managing financial analyses, reporting, payroll, cashflow control, regulatory and tax filings, and risk management to realize optimal cost efficiency, containment, and purchasing.

Languages

Arabic
Native or bilingual
English
Conversational

Workplace preferences

Can work on-site

Dubai (up to 50km)

PGT Construction & Contracting Company
Finance Manager
CIVIL ENGINEERING
July 2021 - Today (4 years and 11 months)
Abu Dhabi - United Arab Emirates
Overseeing the financial health of construction projects and the company as a whole. Key responsibilities include:
Budgeting and Forecasting: Preparing detailed budgets for each project, controlling costs, and forecasting future financial needs based on project timelines and market conditions.
Cost Control: Monitoring project expenses, identifying cost overruns, and ensuring efficient use of resources to stay within budget.
Financial Reporting: Creating financial reports and analyses, including profit and loss statements, cash flow reports, and balance sheets, to provide insight into financial performance.
Cash Flow Management: Ensuring that there is sufficient cash flow to meet project needs, negotiating payment terms with suppliers, and managing client payments to avoid cash shortages.
Risk Management: Identifying and mitigating financial risks, such as delays in project timelines, cost escalations, or fluctuations in material prices.
Compliance: Ensuring compliance with tax regulations, financial reporting standards, and industry-specific laws, such as construction bonds and lien laws.
Stakeholder Communication: Communicating financial information to stakeholders like project managers, investors, and clients to support informed decision-making
Cash Flow & Treasury Management Financial Performance P&L Management Communication Budgeting
DAR AL BER SOCIETY
Head of Payments "Charitable Projects Sector - Sponsorship Management" - "Head of AP&AR"
NANO-TECHNOLOGY
November 2008 - June 2021 (12 years and 7 months)
Dubai - United Arab Emirates
-responsible for overseeing the end-to-end payment processes related to sponsorships and donations within a charitable organization.
-Payment Processing:
Oversee the entire payment processing lifecycle, ensuring accuracy, timeliness, and compliance with organizational policies.
- Financial Compliance:
Ensure adherence to financial regulations, internal policies, and legal requirements in all payment transactions.
-Systems and Technology:
Implement and optimize payment systems and technologies to enhance efficiency and accuracy in payment processing.
-Vendor Management:
Manage relationships with payment service providers and vendors, negotiating terms, monitoring performance, and ensuring cost-effectiveness.
-Risk Management:
Identify and mitigate risks associated with payment processes, implementing strategies to enhance the security of transactions.
-Team Leadership:
Lead and mentor a team responsible for payment processing and sponsorship management, fostering a collaborative and high-performance work environment.
-Financial Reporting:
Generate and analyze financial reports related to payment activities, providing insights and recommendations for financial performance.
-Budget Oversight:
Collaborate with budgeting teams to allocate funds for sponsorships and donations, monitoring actual expenditures against budgeted amounts.
-Donor and Stakeholder Relations:
Collaborate with fundraising and communication teams to provide accurate and transparent information to donors regarding fund disbursements, building and maintaining positive relationships with donors and stakeholders.
-Training and Development: Provide training and development opportunities for the payments team to enhance skills and knowledge, ensuring the team is well-equipped to handle evolving payment technologies.
- Preparing the budget for campaigns and events.
- Reviewing the payable orders and financial covenant closure for international charitable organizations.
-Cost Reduction Management.
Global Payment Operations & Cross-Border Transfers Financial Compliance & Risk Management AP/AR Management Financial Planning & Budget Oversight (NGOs) Vendor & Stakeholder Relations Management
Al-Ghunaim Trading Co. ltd
Senior Accountant
RESTAURANTS AND FOOD SERVICE
May 2007 - May 2008 (1 year)
Kuwait
Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements by accounting principles. Provide variance analysis and explanations for financial performance.
Budgeting and Forecasting: Collaborate with management to develop annual budgets and forecasts.
Financial Analysis: Conduct in-depth financial analysis to support strategic decision-making. Analyze financial trends, costs, revenues, and profitability to identify areas for improvement.
General Ledger Management: Oversee the maintenance of the general ledger and ensure accurate recording of financial transactions. Reconcile balance sheet accounts and resolve discrepancies.
Tax Compliance: Ensure compliance with all tax regulations and coordinate with external tax advisors for tax planning and filing.
Internal Controls: Establish and monitor internal control procedures to safeguard company assets and ensure accurate financial reporting. Conduct periodic internal audits to assess compliance.
Inventory Accounting: Manage and reconcile inventory accounts, ensuring accurate valuation and timely reporting. Implement inventory control measures to minimize losses.
Cost Management: Monitor and analyze costs related to trading activities, procurement, and operations.
Implement cost-saving initiatives without compromising quality.
Cash Flow Management: Forecast and manage cash flow requirements to meet operational needs.
Optimize working capital to improve liquidity.
Financial Systems: Oversee the implementation and optimization of financial systems and tools.
Provide training to finance staff on system usage.
Team Leadership: Supervise and mentor junior finance staff, providing guidance and support.
Foster a collaborative and high-performance work environment.
Journal Entries (Accounting) · Accruals · General Ledgers · Account Reconciliation Month-End Close Process Balance Sheet Review P&L Management

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MBA
EBU (Entrepreneurship & Business University)
2023
MBA
Bachelor of Accounting
Ain Shams University
2002
Bachelor Of Accounting

Ahmed Abed

Senior Finance & Accounting Consultant | MBA

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