Basic Info

Ahmed Safwat

11 years

Cairo, Egypt

Bachelor's Degree

Senior Management

Work Experience

Accounting Manager at Egyptian Express

Experience Details

Accounting Manager

Accounting/Finance

Manager

• Manage the day-to-day operation of the Finance Department including supervision of accounting team.
• Manage the recordkeeping and data entry of all financial and accounting data as well as of balance sheet items.
• Compile and present detailed monthly, quarterly reports for Senior Management perusal and act as the focal point in preparing year-end.
• Key member of the leadership team, administering all accounting functions for this commercial lighting manufacturer with $2.5 million annual revenue.
• Manage a 15-person team, encouraging personal and professional development of the culturally diverse department.
• Devised and deployed multiple cost-savings initiatives resulting in a 20% reduction in company expenditures.
• Performing Accounts duties and examination of system of Internal Control.
• Preparing accounts and reconciling balance sheets.
• Overseeing budgetary control.
• Monitoring cash flow.
• Following purchasing and clearance department.


Company Details

Egyptian Express

Cairo, Egypt

51-100 employees

Import and Export

N/A

Jan 2014 to present (3 years 7 months)
Chief Accountant at Elgharbia For Chemicals

Experience Details

Chief Accountant

Accounting/Finance

Manager

• Manage the day-to-day operation of the Finance Department including supervision of accounting team.
• Manage the recordkeeping and data entry of all financial and accounting data as well as of balance sheet items.
• Preparing letters of credit.
• Preparing bank facilities and contracts.
• Manager for end of the physical inventory for all row material stores, finished goods, spare parts stores and work in progress at factories.
• Following purchasing and clearance department.
• Assessing the financial implications of new or existing ventures.
• Conducting reviews and evaluations for cost-reduction opportunities.
• Preparing accounts and reconciling balance sheets.
• Overseeing budgetary control.
• Monitoring cash flow.
• Leading, or working on, projects.
• Liaising with other members of the team and across the business.
• Performing Accounts duties and examination of system of Internal Control. Pricing and competitor analysis.
• Created and implemented accounting policies and practices supporting the new automated system.


Company Details

Elgharbia For Chemicals

Cairo, Egypt

51-100 employees

Chemicals

N/A

Oct 2011 to Nov 2013 (2 years 1 month)
Chief Accountant at Al-Harbi Trading & Contracting Co.

Experience Details

Chief Accountant

Engineering - Construction/Civil/Architecture

Manager

• Performing Accounts duties and examination of system of Internal Control.
- Pricing and competitor analysis.
• Preparing letters of credit.
• Preparing bank facilities and contracts.
• Manager for end of the physical inventory for all row material stores, finished goods, spare parts stores and work in progress at factories.
• Deal with the insurance companies for marine, fire, cars and medical policy.
• Following purchasing and clearance department.
- assessing the financial implications of new or existing ventures.
- conducting reviews and evaluations for cost-reduction opportunities;
- preparing accounts and reconciling balance sheets.
- overseeing budgetary control.
- monitoring cash flow.
- Leading, or working on, projects.
- liaising with other members of the team and across the business.
- Supervising other staff


Company Details

Al-Harbi Trading & Contracting Co.

Jeddah, Saudi Arabia

More then 1000 employees

Construction - Industrial Facilities and Infrastructure

N/A

Dec 2009 to Jun 2011 (1 year 6 months)
Purchasing Manager at Jeraisy Furniture Factory

Experience Details

Purchasing Manager

Manufacturing/Production

Manager

• Purchasing of all manufactured raw materials, packaging materials, commercial products, equipment, spare parts, promotional materials, etc.
• Processing of orders, documents, custom clearance, L/C’s, schedule of payments for machinery and other major capital items.
• Leading all price and supply negotiations.
• Controlling and reducing the cost of commercial products, raw and packaging materials.
• Developing alternative suppliers for major raw materials & commercial products.
• Optimizing total value of stocks on hand and to ensure maximum stock turn consistent with production continuity.
• Ensuring that quantities of redundant packaging and over-aged materials are minimized.
• Training and developing the procurement team to cope up with the business challenges.
• Develop and upgrade the operating procedures and systems to be in line with the FMCG best practices.


Company Details

Jeraisy Furniture Factory

Riyadh, Saudi Arabia

More then 1000 employees

Furniture

N/A

Oct 2005 to Nov 2009 (4 years 1 month)
Senior accountant at Jeraisy

Experience Details

Senior accountant

Accounting/Finance

Experienced (Non-Manager)

• Accounts Management Using Oracle DB Application such as Data Entry, Account Payable, Opening New Supplier Account, Finding match for Supplier invoices with Warehouse Material Database etc
ALSO handling of the GL. entry and reports
Fixed Assets entry
Banking reconciliations
a) Pricing raw material landed cost calculations.
b) Allocation of overhead - fixed and variable, direct and indirect, to determine cost at various stages.
c) Job costing, process costing, valuation of abnormal wastage, products, comparison with standards and various analyses.
d) Unit cost and cost sheets.
e) Preparation of cost ledger’s.


Company Details

Jeraisy

Riyadh, Saudi Arabia

More then 1000 employees

Business Supplies and Equipment

N/A

Aug 2001 to Oct 2005 (4 years 2 months)

Achievements


• Devised and deployed multiple cost-savings initiatives resulting in a 20% reduction in company expenditures


• Created and implemented accounting policies and practices supporting the new automated system.


• Develop and upgrade the operating procedures and systems to be in line with the FMCG best practices


Education

Bachelor of Commerce - Major Accounting in ACCOUNTING

Education Details

Bachelor of Commerce - Major Accounting

ACCOUNTING

Faculty of commerce, Cairo University, Egypt

C / Good / 65 - 75%

Bachelor of Commerce - Major Accounting

N/A

Faculty of commerce, Cairo University
1995 - 1999

Training and Courses

Training/Course Details

CMA

Jun 2013

Brooklyn Academy

attended Certified Management Accountant part one

This profile is fresh!
Last update 26 days ago.

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Profile Skills and Keywords

AccountingAccounting ManagerAccounting SupervisorAccounts Management Using Oracle DB ApplicationAdaptiveArabicBuilding ConstructionBusiness Supplies And EquipmentCMAChemicalsChief AccountantConstruction - Industrial Facilities And InfrastructureCreativeEnglishFinanceFlexibleFrenchFurnitureHard WorkerImport And ExportInsuranceMS Office ApplicationsManufacturingNegotiatorOperationsPayable Accountant And CostingProductionPurchasing ManagerSenior AccountantSenior Payable AccountantSkilled TradesSwimmingTeam Player

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Fluent

French

French

: Beginner

: Beginner

: Beginner

: Beginner

Tools and Technologies

MS Office Applications

MS Office Applications

: Advanced

: High

:

More than 7 years

Accounts Management Using Oracle DB Application

Accounts Management Using Oracle DB Application

: Advanced

: High

:

More than 7 years

Fields of Expertise

Payable accountant and costing

Payable accountant and costing

: Expert

: Extreme - I love it!

:

More than 7 years

Senior Payable accountant

Senior Payable accountant

: Expert

: Extreme - I love it!

:

More than 7 years

Purchasing Manager

Purchasing Manager

: Advanced

: High

:

1-3 years

Chief Accountant

Chief Accountant

: Advanced

: High

:

1-3 years

Key Skills

Hard worker, Negotiator, Creative, Flexible / Adaptive, Team Player

Online Presence

facebook.com/mony.ahmed.921230

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