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ahmed Bahgat

I am always ready to a new challenge

New Cairo, Cairo, Egypt

Work Experience

  • Head Of FinanceFull Time

    EVA Pharma

    Feb 2011 - Present -14 yrs, 5 months

    Egypt , Cairo

    • Job Details:Finance Head (Operation Cluster) at EVA Pharma • Prepare and analyze monthly, quarterly, and annual financial reports. • Ensure accurate and timely financial reporting in compliance with accounting standards. • Develop, coordinate, and oversee the budgeting process for the operation cluster. • Provide financial forecasts and projections to support decision-making. • Conduct financial analysis to identify trends, variances, and opportunities. • Monitor and manage cash flow to ensure liquidity and financial stability. • Implement strategies to optimize cash resources. • Collaborate with senior management to develop long-term financial plans aligned with organizational goals. • Assess the financial feasibility of strategic initiatives. • Oversee the implementation and maintenance of financial systems. • Manage and mentor a team of financial professionals. • Communicate financial information and insights to non-financial stakeholders. • Collaborate with various departments to align financial goals with overall business objectives. • Develop and lead the annual budgeting process for the operation cluster. Accounting Manager at EVA Pharma • Perform monthly closing activities according to both policy and requirement checklists. • Review Trial Balance monthly to acknowledge adjustments when needed • Coordinate with the tax team for all various tax inspections. • Coordinate with the external auditors in the preparation of annual financial statements and annual tax returns. • Participate in preparing budget annually and quarterly updating forecast. • Review aging reports monthly, monitor customers’ overdue balances, discuss them with related stakeholders, and propose solutions. • DSO calculation monthly and communicate it to related stakeholders along with illustrative comments. • Support the external auditors during the annual statutory audit, including preparation of financial statements, respective documentation, and assistance during the audit process.
  • AccountantFull Time

    Rashideen Egypt for trade and distribution limited Reckitt Benkiser agency

    Aug 2009 - Jan 2011 -1 yr, 5 months

    Egypt , Cairo

    • Job Details:- Working in financial department as an accountant in accounts receivable section. Main duties: -Issuing the daily Invoices and follow up the receivables collection and control the stock outflow -Responsible for the account receivable section at the balance sheet -Responsible for the bank reconciliation -Checking and controlling aging analysis - Controlling the application and reconciliation of advances from customers, and updating the credit limits -Reporting on a timely basis variances on aging reports & delayed paying customers - Controlling dunning letters and correspondences with customers - Preparing timely reports on collections and credit limits -Supervision and controlling between Sales Production departments regarding collection of customer’s payments and delivery of customer’s cards based on company policy and procedures -Working closely with AR sub ledger with all other routines jobs -Assist in developing sound, acceptable credit policies -Analyze delinquent accounts and prepare report on highest risk accounts including recommendations for resolution -Interact with customers to obtain additional credit information to support credit lines -Reconcile transactions and balances to maintain accurate accounts -Initiate credits and adjustments to customer accounts within company policy limits -Check for credit viability on requests for extended terms, and evaluate various adjustments or exception documents -Submit requests to senior management and supporting documentation for accounts requiring credit lines -Maintain bad debt and bad debt recovery records -Monitor receivables and collections and provide updates of receivables and provide appropriate reporting procedures -Identify problem accounts and provide regular updates of receivables to management -Negotiate payment programs with delinquent customers -Monitor violations of credit policies, provide analysis, conclusion and recommendations, present findings to senior management and suggest actions/penalties to be taken when appropriate
  • AccountantFull Time

    Supreme Holding group (petroleum services)

    Aug 2008 - Aug 2009 -1 yr

    Egypt , Cairo

    • Job Details:Working in accounting department, accounts as a junior financial accountant.
  • Education

    • MBA in business

      Nexford University

      Jan 2019 - Jan 2020 - 1 Year

    • B.Sc. Commerce in Accounting (English Section)

      Assiut University (AUN)

      Jan 2004 - Jan 2007 - 3 yr

    Skills

    • Microsoft Office
    • Microsoft Windows
    • Account receivable
    • Accounts Payable
    • Fixed Asset
    • Closing & Reporting
    • Financial Analysis
    • Financial Management
    • Finance
    • Cash Flow
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    Languages

    • Arabic

      Fluent
    • English

      Advanced

    Training & Certifications

    • ICDL

      YAT·2008
    • YPDA" ( YAT Professional Diploma In Accounting)

      YAT ·2007
    •  Electronic commercial &accounting; applications course

      Assiut University·2007
    • General English course

      AUC·2006
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