Islam Ahmed

Good Wood

• Deputy Chief Financial Officer GorupFull Time

  Jan 2019 - Present -6 yrs, 6 months

  Egypt , Damietta

  • Job Details:- Ensure the financial infrastructure is stable and supports the demands of future growth - Establish reporting, monitoring, and accountability systems that will ensure highest standards of financial integrity are being attained. - Protect the assets entrusted to the organization. - Ensuring liquid assets are invested productively (Opportunity Cost analysis) - Prepare financial reports, to assess accuracy, completeness, and conformance to defined standards. - Assist CFO with duties related to the month-end close, year-end close over Group. - Assist CFO outside agency audit tasks. - Ensure proper keeping of financial records. - Producing a Monthly Cashflow report that analyses outgoings over Group. - Providing financial analysis and strategic input to facilitate high-level decision-making by management. - Assisting CFO in Evaluating the performance financial team. - Work with and provide guidance to senior management and other colleagues across the business, maintaining healthy working relationships yet providing the appropriate expertise and challenge to achieve the financial objectives of the business. - Create plans For Organizing the financial relationship between sister companies - Preparing feasibility studies and DCF indicators. - Monitor and direct the implementation of tactical plans to achieve strategic business plans.
• Senior Manager Financial Reporting GorupFull Time

  Jan 2017 - Dec 2018 -1 yr, 11 months

  Egypt , Damietta

  • Job Details:- Preparing and introduce separated and consolidated financial statements and footnotes Monthly and Annually for all Group. - Preparing Comparative financial statement analysis. - Preparing Ratios analysis for financial statements. - Analyzing Cash Cycle over all group. - Present a monthly report about inventory turnover and working capital. - Preparing target financial ratio and analysis verses actual financial performance monthly to devise top management to take corrections - Develop a detailed understanding of the relevant Firms’ complex infrastructure and reporting requirements. - Develop financial reports and statements for management needs. - Compile and analyze financial information and prepare well documented journal entries for approval by the CFO to accounts as needed ensuring financial records are accurate and properly documented. - Assisting Chief Accountant group in analyzing and summarizing the accounting information. - Review Matching accounts balances Between Company and Sister companies. - Aid Top management in design and implementation internal controls over accounting cycles. - Emphasis on internal controls, continual process improvement, automation, and training of various stakeholders are essential. - Discuss and determine application of accounting concepts with senior management for presentation in financial statements. - Manage responses to various ad-hoc reporting and special reporting requests. - Develop and improve existing financial reporting processes with focus on standardization and optimization. - Ensure successful accounting period closing cycles. - Manage end-to-end SAP G/L accounting processes, including reporting methodologies, transaction processing, account reconciliations and analysis, and testing of software modifications (in concert with product development). - Oversee the maintenance of GL systems infrastructure to support all applications with inputs to the General Ledger (A/R, A/P, etc.).
• Budget Manager groupFull Time

  Jan 2015 - Dec 2016 -1 yr, 11 months

  Egypt , Damietta
• Fixed Assets SupervisorFull Time

  Jan 2013 - Dec 2014 -1 yr, 11 months

  Egypt , Damietta

  • Job Details:- Record fixed assets by creating and supervising a system of procedures, forms, and controls. - Recommend any updates to accounting policies affecting fixed assets to management. - Allocate tag numbers to fixed assets to effectively track them from time to time. - Record in the accounting system newly acquired fixed assets and those disposed. - Track, compile, and record project costs in fixed asset accounts; close out the accounts at the completion of the projects. - Perform reconciliation of fixed asset subsidiary ledger balance with summary-level account in the general ledger. - Perform depreciation calculation for all fixed assets. - Perform revision and update on the detailed schedule of accumulated depreciation and fixed assets. - Find out fixed assets’ obsolescence potential. - Carry out inventory counts of fixed assets physically. - Recommend fixed assets that should be disposed off to management. - As may be requested by management, perform fixed asset related analyses. - Create fixed asset related audit schedules, and collaborate with auditors on their assignments.
• Cost ManagerFull Time

  Jan 2011 - Dec 2012 -1 yr, 11 months

  Egypt , Damietta

  • Job Details:- Present a monthly report about the period cost and cost of finished goods and COGS. - Present a monthly report about the amount of finished products. - Present a monthly report about the production volume variance. - Pricing the inventory using weighted average method. - Revising the expenses and present a monthly report about it. - Present a monthly report to CEO and CFO about the customers with less normal margin, and suggest to repricing the products. - Ensure the organization has a robust cost estimating process in place to meet production/project requirements and in line with quality standards. - Support continuous improvement through cost engineering techniques and processes, identifying inefficiencies and cost optimization opportunities. - Analyze and identify key areas of improvement and apply cost estimation techniques to drive cost reductions and aid operational processes and efficiency. - Monitor and review data and information to detect and assess problems and make recommendations to resolve issues. - Review, analyze and understand economic trends and consider risks and cost implications. - Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data. - Ensure professional and consistent cost engineering management processes are applied in the business. - Ensure appropriate monitoring, reporting systems and procedures are in place to meet objectives. - Preparing Bill of material consumption actual vs. flexible budget analysis. - Reviewing the job order before it's activated. - Reviewing the move order of the inventory on ERP System. - Reviewing the allocation of materials to each job order. - Observing the movement of finished goods of each job order. - Allocating the overhead costs to each job order. - Determining the waste of each job order.