Basic Info

Ahmed Sedik

14 years

Cairo Governorate, Egypt

Bachelor's Degree

Manager

Work Experience

Financial Controller at BasharSoft

Experience Details

Financial Controller

Accounting/Finance

Manager

N/A


Company Details

BasharSoft

Cairo, Egypt

101-500 employees

Information Technology Services

N/A

Jul 2015 to present (1 year 9 months)
Accounting Manager at Offerna

Experience Details

Accounting Manager

Accounting/Finance

Senior Management (e.g. VP, CEO)

Reporting to: CEO
Strategy:
• Assess Organizational Performance against both the annual budget and company’s long-term strategy.
• Develop tools and system to provide critical financial and operational information to the CEO and make actionable recommendations on both strategy and operation.
• Engage the management in finance, audit and investment committees around issues, trends and in any change in the operating model and operational delivery.
• Assist in establishing yearly agenda and goals for the organization, and selecting out source consulting.
• Over-seeing long term budgetary planning and costs management in alignment with the company long term goals.
Executive Management:
• Serve as member of executive leadership team.
• Participate in key decisions of the organizations.
Financial Planning and Analysis:
• Prepare and maintain monthly regular financial planning reports, monthly Profit & loss forecast by divisions, and weekly cash flow forecast.
• Develop and execute analysis of business activities.
• Develop and maintain capital budget.
• Oversee cash flow planning and ensure availability of funds
• Oversee financing strategies and activities and banking relationships.
Accounting and Administration:
• Overseeing accounting department to ensure proper maintenance of all accounting systems and functions.
• Coordinate audits and proper preparing for taxes.
• Ensure proper and appropriate internal control and financial procedures in the departments.
• Leading and managing and mentoring direct team of 4 accountants.


Company Details

Offerna

Giza, Egypt

11-50 employees

Marketing and Advertising

www.offerna.com

Mar 2011 to Jun 2015 (4 years 3 months)
Accounting Manager at GfK Egypt

Experience Details

Accounting Manager

Accounting/Finance

Manager

Reporting to: Managing Director and to GfK Austria

Leading and managing the people and processes of the financial department.
• Manage and supervise daily operation of accounts payable, accounts receivable, business license, cash receipts, general ledger, and payroll.
• Provide staff training and perform staff annual evaluations.
• Coordination of the drawing up of the annual report of GfK AG.
• Prepare monthly, quarterly, semiannual and annual reports regarding the budget / forecast, cash budget, and variance reporting.
• Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions.
• Planning and supervising the budget of the cost center.
• Review of the quarterly and annual financial statements for material and formal accuracy and compliance with corporate policy.
• Planning and supervising the procedures and deadlines for end-of-month reports, quarterly statements as well as the creation and auditing of the annual financial statements.
• Preparing cost budget for each project and review variances in timely basis to update the budget.
• Analysis and evaluation of the financial statements.
• Review and adaptation of the reporting parameters of IFRS.
• Consulting and supporting staff in questions regarding financial accounting and balances.
• Creation of jobs instructions and guidelines.
• Build the local financial system for GfK Egypt and the chart of accounts.
• Working with GfK Austria to integrate the financial reporting system of GfK Egypt with GfK worldwide financial reporting system.
Achievements:
• Building an Excel based accounting system for the internal use of the company.
• Trained the new team on how to use the SAP interface used for group reporting.
• Build the accounting department.
• Build the internal chart of accounting.
• Review and add internal controls on the projects costing and spending process.
• Decrease the collection time of the invoices.


Company Details

GfK Egypt (multinational)

Cairo, Egypt

51-100 employees

Market Research

www.gfk.com

Jul 2009 to Mar 2011 (1 year 8 months)
Financial Analyst at Egyptian Electric Utility and Consumer Protection Regulatory Agency (EEUCPRA)

Experience Details

Financial Analyst

Accounting/Finance

Experienced (Non-Manager)

Reporting to: Sector Head

• Evaluate and analyze the performance of the regulated utilities, review the financial data submitted by the regulated utilities, and determine the cost of electricity for each class of customer.
• Select the evaluation criteria of evaluating the financial performance of the licensees.
• set the benchmarking value for the evaluation criteria
• Evaluate the financial performance of the regulated utilities.
• Prepare the annual financial performance report.
• Review the annual budget submitted by the regulated utilities.
• Study the cost of electricity submitted by the regulated utilities.
• Represent the financial team of the department in the national and international events.
Achievements:
• Participate in preparing the General Conditions for Transmission License.
• Building the financial part of the performance agreement report. “the KPIs, the evaluation criteria, the scoring system, and the contest of the contract”
• Building the benchmarking report, and assist the USAID consultant in building the benchmarking system and the reports that should be in it.
• Attending the training in Boston regulator and W.D.
• Assist in preparing the cost of service model.
• Presenting the new tariff of Transmission Company for the ultra and high voltage customers to the board of directors and the ministry of electricity, and successful get their approval on it.
• I act as the financial manager of the agency for one year (2005).


Company Details

Egyptian Electric Utility and Consumer Protection Regulatory Agency (EEUCPRA)

Cairo, Egypt

51-100 employees

Government

www.egptera.org

May 2002 to Jul 2009 (7 years 2 months)

Achievements


• Successfully passes the due diligence for acquiring new investments, only after one month from joining the company.
• Add some internal control on the cash collection process “ cash collected at office or collected by the collection company “and controls on the website backend.
• Make new system for the documentation and filing of the financial data.
• Building the accounting department.



• Building an Excel based accounting system for the internal use of the company.
• Trained the new team on how to use the SAP interface used for group reporting.
• Build the accounting department.
• Build the internal chart of accounting.
• Review and add internal controls on the projects costing and spending process.
• Decrease the collection time of the invoices.



• Participate in preparing the General Conditions for Transmission License.
• Building the financial part of the performance agreement report. “the KPIs, the evaluation criteria, the scoring system, and the contest of the contract”
• Building the benchmarking report, and assist the USAID consultant in building the benchmarking system and the reports that should be in it.
• Attending the training in Boston regulator and W.D.
• Assist in preparing the cost of service model.
• Presenting the new tariff of Transmission Company for the ultra and high voltage customers to the board of directors and the ministry of electricity, and successful get their approval on it.
• I act as the financial manager of the agency for one year (2005).



continue my education, and finish the Accounting course in the AUC, then finished my CMA, and CFM. and now i am preparing my Masters in investment.

Education

BSc in accounting

Education Details

BSc

accounting

Cairo University, Egypt

Not specified

N/A

N/A

Cairo University
1996 - 2000
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Orman Experimental Languages School

Egypt

1996

B / Very Good / 75 - 85%

N/A

Orman Experimental Languages School
1996

Certifications

CMA
Jan 2008

Certificate details

CMA

Jan 2008

N/A

N/A

29533

IMA

N/A

CFM
Feb 2008

Certificate details

CFM

Feb 2008

N/A

N/A

certification number 4805

o The Institute of Management Accountants (IMA®)

N/A

Training and Courses

Training/Course Details

IFRS for SME

Jan 2014

ACCA

N/A

This profile is not updated!
Last update more than 5 months ago.

Jobseeker photo

Profile Skills and Keywords

AccountingAccounting ManagerAnalyticalArabicBudgetingCFMCMACostingDac EasyEnglishFinanceFinancial AnalystFinancial ControllerGfK EgyptGovernmentHard WorkerIFRS For SMEInformation Technology ServicesInsuranceLeaderMarket ResearchMarketing And AdvertisingMicrosoft ExcelMicrosoft PowerPointMicrosoft WordMoviesOraclePlannerPresenterSAPSquash

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

Microsoft Excel

Microsoft Excel

: Advanced

: Extreme - I love it!

:

More than 7 years

Microsoft Word

Microsoft Word

: Advanced

: Extreme - I love it!

:

More than 7 years

Microsoft PowerPoint

Microsoft PowerPoint

: Advanced

: High

:

More than 7 years

dac easy

dac easy

: Advanced

: Extreme - I love it!

:

1-3 years

SAP

SAP

: Intermediate

: Extreme - I love it!

:

Less than 1 year

Oracle

Oracle

: Intermediate

: Extreme - I love it!

:

Less than 1 year

Fields of Expertise

budgeting

budgeting

: Advanced

: Extreme - I love it!

:

1-3 years

accounting

accounting

: Advanced

: Extreme - I love it!

:

More than 7 years

costing

costing

: Advanced

: Extreme - I love it!

:

5-7 years

Key Skills

Analytical, Leader, Planner, Hard worker, Presenter

Online Presence

http://www.linkedin.com/pub/ahmed-sedik/32/a63/74b

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