kareem sayed Ahmed

Senior Accounting SupervisorFull Time

• Job Details:Designed an organizational structure to adequately achieve all departmental goals and objectives. Created accounting control system and structure for accounting department. Reduced labor cost and minimized expenses by accurate audit process while identifying problems and finding solutions. Drafted and enforced accounting policies and procedures in compliance with GAAP for all departmental budgeting. Responsible for closing / reporting / analyzing plant costs and P&L for Division Monthly Executive presentations Resolved long-standing inventory problems Reduced the monthly financial closing process from seven to three days. Maintained accurate multi-state payroll tax data and prepared data for filing at quarter end. Supervised Accounts Payable staffs and managed procurement processing. Prepared Tax Forms and Quarterly Sales Tax Returns

Senior Accounts Payable andt ReceivableFull Time

• Job Details:Managed month end closing cycle and performed variance analysis of accounts. Manage credit union cash position by reconciling daily operating cash accounts, transferring money between major bank accounts to maintain target balances and posting corresponding journal entries. Process invoices for payment by reviewing invoices for proper authorization, coding and inputting invoices into accounts payable system and printing expense checks for payment. Assist in month end closing process by reconciling various general ledger accounts by posting histories, analyzing debit/credit activity to determine outstanding balances in accounts, aging reconciled entries and determining appropriate dates for reconciling items to clear. Process all employee expense reports. Reconcile prepaid and accrued expense accounts by setting up accrual and amortization sub-accounts for payments, reconciling sub-account totals to general ledger control accounts on a monthly basis and maintaining supporting detail files. Post payroll summary journal entries to general ledger by analyzing payroll journal report and posting journal entries to reflect payroll expenses and deduction liabilities. Perform annual escheatment of accounts by generating reports of aging accounts without activity, closing unclaimed accounts, forwarding funds to the state treasury and posting corresponding journal entries. Process and submit tax forms to be sent to the IRS by coordinating efforts of IT, Operations and Accounting to ensure a smooth and timely completion of 1099 data being reported. Provide support to post daily ACH transactions by reviewing reports to ensure appropriate backup is maintained for all income and expense entries.

Senior AccountstFull Time

• Job Details:Prepared and managed general ledger (journal entries) analysis and analyzed monthly and year-end reports. Reviewed and assisted with monthly bank reconciliations. Completed entire month end close process (prepared and analyzed monthly journal entries as well as the Cash Flow, Balance Sheet, Income Statement, and Trial Balance financial statements and Earnings Per Share calculations according Reconciliations, journal entries, fixed assets, A/R and A/P. Lead and managed two accountants (AP/AR), including selection/hiring, objective setting, performance management, coaching/development and training Trained new employees on accounting systems and procedures. Prepared all treasury deposits for cash application specialists. Designed extensive credit card receipt reconciliations averaging $1 million per month. This resulted in a comprehensive processing of credit card sales, submissions and collections.