Ahmed Hesham
Regional AR Supervisor at Bosta Technology
6th of October, Giza, EgyptWork Experience
Senior R2R AccountantFull Time
Apr 2024 - Present -1 yr, 3 months
Egypt
- Job Details:-Review and post prepaid expenses and their amortization schedules. -Review and post accrual expenses to ensure all liabilities are accurately recorded and each period charged with costs consumed during this period. -Review payroll sheet and post entries, confirm and reconcile accrued payroll balance. -Collaborate with the AR teams to review balances and ensure no negative or dormant balances exist and provide justifications for any dormant accounts. -Review accounts payable transactions, Bill, Bill credit, Bill payment, Expenses reports, Employee advances and custody settlement and reimbursement to ensure accurate recording and sufficient documentation with each transaction and approve them on NS. -Review and approve all bank TRXs after ensuring their accuracy and confirming ending balance. -Reconcile control accounts AP payments control account, COD Payments Control, POS collection control, Cash-In-Transit and solve any discrepancies and have a clear breakdown. -Review and ensure accurate booking of general and administrative, selling, marketing, other expenses, and other income, ensure no expenses are booked in a period that serves more than period., Identify and address any missing expenses, making necessary adjustments (Prepaids - Accruals). -Assist in the preparation of monthly, quarterly, and annual financial statements, Ensure compliance with relevant accounting standards and regulations. -Provide support during internal and external audits, Prepare and -provide necessary documentation and explanations for audit queries. -Identify areas for process improvement within the accounting function. Implement best practices to enhance accuracy.
Accounts Receivable SupervisorFull Time
Dec 2023 - Apr 2024 -4 months
Saudi Arabia , Riyadh
- Job Details:1. Team Leadership & Development - Hire, train, and mentor AR staff, setting performance goals (e.g., reducing DSO). - Conduct performance reviews and foster a collaborative team environment. - Resolve escalated customer disputes and complex billing issues. 2. Process Optimization & Automation - Streamline invoicing, collections, and cash application processes, leveraging ERP systems (e.g., NetSuite)and automation tools. - Implement recurring billing systems for SaaS/subscription models and integrate AR workflows with CRM platforms. 3. Compliance & Risk Management - Ensure adherence to financial regulations (e.g., SOX, revenue recognition) and internal controls. - Assess creditworthiness of clients, set credit limits, and mitigate bad debt risks. - Manage audits and maintain documentation for compliance. 4. Reporting & Analysis - Generate aging reports, cash flow forecasts, and DSO metrics. - Analyze trends (e.g., late payments) and recommend corrective actions. - Support month/year-end closing by reconciling accounts and provisioning for bad debts. 5. Cross-Functional Collaboration - Work with Sales, Customer Success, and Legal teams to align payment terms and credit limits with contracts. - Partner with Finance to ensure accurate revenue recognition and financial reporting. 6. Customer & Payment Management - Structure flexible payment plans and gateways for enterprise clients while safeguarding cash flow. - Oversee international transactions, multi-currency handling. - Resolve payment discrepancies and optimize cash application accuracy. 7. Technology & Innovation - Lead ERP/AR software implementations and upgrades. - Drive digital transformation (e.g., AI-driven collections, self-service portals). 8. Industry-Specific Focus - Manage high-volume, recurring billing and O2C transactions. - Address cancellations, service disputes, return orders, Lost and damaged and charge backs efficiently.
Senior AR Accountant (Oracle NetSuite user)Full Time
May 2022 - Jan 2023 -8 months
Egypt , Cairo
- Job Details:In this role, I'm acting as Revenue Manager responsible for analyzing and presenting financial data that will help the Sales and Senior executive teams to make well informed decisions about potential new business, and the market in general. You will manage and lead the team through day to day operations, as well as strategically guiding the Revenue department to achieve team and organizational goals. Job Responsibilities: • Dispatch invoices to customer as per agreed timelines and check if all invoices and credit memos are dispatched to customer as per Statement of Account. • Sends Statement of Account weekly including payment breakdown. • Achieve the set monthly collect targets to ensure cash flow position of the company. • Keep track of assigned accounts and address if payment is falling due, plan follow up activities accordingly in order to enable collection within the agreed credit period specified and minimizing bad debts. • Attend to all queries raised on invoices in a timely manner and resolve in coordination with the concerned department/Business Unit. • Deal with escalations of pending issues from other accountants to minimize delays and identify major root causes • Present suggested solutions and analysis to Revenue Controller in case of escalation – such that Receivables are made in a timely manner thereby enabling timely credit hold to safeguard the organization's interests. • Provides details to GL Team for timely matching of invoices. • Workflow processes and procedures should be evaluated in order to create, suggest, and put into place system and procedural modifications that will improve accuracy and efficiency. • Identify process improvements and recommend changes to improve ERP systems, workflow processes and individual performance • Evaluate performance, and conduct routine staff meetings to discuss and resolve tasks, problems, and technical issues. • Design a paperless filing and retrieval system so that previous and current records may be retrieved as required and papers can be attached to the financial system as long as it is allowed by the system. • Ensure financial statement accuracy by analyzing financial data and generating balance sheet reconciliations.
Senior Accounts Receivable Accountant ( Oracle User)Full Time
- Job Details:Carries responsibility for (cash, checks) transactions in accounts receivables and general ledger module. Carries responsibility for checks clearance, bounced in AR module. Carries responsibility for AR (Accounts Receivable) and GL (General Ledger) reconciliation. Monitors the application of payment terms and credit limits. Utilizes computerized accounting software programs (Oracle, Excel, Word) to perform duties and responsibilities. Generates accounting statements and reports. Follow up notes receivable , checks under collection and bounced checks including the bank reconciliation at month-end close. Researches and applies unallocated cash.. Develops automated processes. Organizes and maintains up to date financial records. Provides monthly financial and management reports. maintains and updates procedural manuals as needed. Assists in financial management and analysis, as requested. Assist with month-end closing.
Senior Accounts Receivables Accountant ( SAP User)Full Time
- Job Details:Maintaining the billing system Generating invoices and account statements Performing account reconciliations Maintaining accounts receivable files and records Producing monthly financial and management reports Investigating and resolving any irregularities or inquiries Assisting in general financial management and analysis -Post customer payments by recording cash, bank deposits, checks, and credit card transactions. -Follow up on the price list, discount policy, discount rates, promotions, credit limits and payment terms updates. - Preparing detailed sales reports items, and group items quantities, values, areas, merchants, managers and representatives. - Share customer sales report, identifying the largest items. -Perform a monthly report on receivables. - Perform balance confirmation letters and share them with the sales managers. -Monitoring balance disputes including reviewing and investigating. -Follow up notes receivable , checks under collection and bounced checks including the bank reconciliation at month-end close. -Sort documents, prepare and post invoices and credit and debit memos. -Perform AR Aging report. -Perform DSO report. -Perform turnover ratio. - Following up and update Aging and DSO reports and sending them to the sales department, set up monthly collection plan, and following up their performance in collections. -Monitoring credit limit for customers to avoid being exceeded and set up automated blockers. -Monitor daily sales orders and explain reasons for blocked orders to be clear for sales team. -Recommend procedures, blockers ,customizations and work instructions to ensure that the inputs are well-controlled and outputs are accurate.
AR Accountant (Microsoft Dynamics AX 2012 user)Full Time
White Point
Sep 2017 - Dec 2020 -3 yrs, 3 months
Egypt , Giza
- Job Details:-Generate and send out invoices. -Follow up on the price list,discount policy,discount rates, promotions, credit limits, payment terms updates. - Preparing detailed sales reports items, and group items quantities, values, areas, merchants, managers and representatives. -Monitor customer account details for non-payments, delayed payments and other irregularities. - Share customer sales report, identifying the largest items. -Perform a monthly report on receivables. - Perform balance confirmation letters and share them with the sales managers. -Monitoring balance disputes including reviewing and investgating. -follow up notes receivable and checks under collection including the bank reconcilation at month-end close. -Sort documents, prepare and post invoices and credit and debit memos. -Post customer payments by recording cash, bank deposits, checks, and credit card transactions. -Performing day to day financial transactions, including verifying, classifying and computing. -Perform AR Aging report. - Following up reports and sending them to the sales department, set up monthly collection plan, and following up. -Monitoring credit limit for customers to avoid being exceeded -Control daily sales orders . -Recommend procedures, blockers ,customizations and work instructions to ensure that the inputs are well-controlled and outputs are accurate.
Education
Bachelor's Degree in accounting
Cairo University (CU)Jan 2008 - Jan 2012 - 4 yr
High School - Thanaweya Amma
al orman secondary schoolJan 2007
Activities
Conscripted Soldier at Egyptian Armed Forces
Volunteering
Jan 2013 - Mar 2014 -1 yr, 2 months
Achievements
**Collection Acceleration** 1. Accelerated Cash Flow - Reduced DSO from 45 days to 32 days by automating invoice delivery, payment reminders, and reconciliation workflows. - Improved on-time payments by 80% through scheduled, system-generated reminders and real-time visibility into aging accounts. 2. Reduced Overdue Accounts - Slashed overdue balances by 360K SAR or 45% by integrating payment gateways with the ERP system, enabling instant payment processing and fewer delays. - Automated escalation workflows for high-risk accounts cut resolution time for disputes by 7 days, minimizing write-offs. 3. Data-Driven Collections Strategy - Automated aging reports and dashboards via Excel. - boosting collections efficiency by 60% - Shared real-time cash flow forecasts with Finance and Sales teams, aligning collections efforts. **Freeing Time** - Systems Integration & Automation: - Workflow Approval Optimization: - Process Standardization & Training:
Skills
Languages
Arabic
FluentEnglish
Advanced
Training & Certifications
How to influence others
Skills Bank·2021Business Agility
Skills Bank·2021English Speaking
Berlitz·2018Experience Certificate
Vodafone Egypt·2011