Walid Mohamed Ahmed

Manager Financial AccountingFull Time

• Job Details: Supporting the development of policies and procedures for the organization.  Defining company’s financial planning and budgeting process and designing resulting financial plans and budgets.  Manage the preparation of financial outlooks and financial forecasts.  Ensure that the company are continuously keeping sufficient fund to fulfill its financial obligation by preparing monthly cash flow forecast. Monitor the actual cash flow against forecast and take the necessary measure to remedy variances.  Direct and coordinate debt financing and debt service payments with external agencies and monitor terms, conditions and covenants and ensure compliance with the same.  Developing systems and internal processes as required.  Coordinating and participating in reviewing the policies and procedures on a regular basis  Designing budget control reports that require continuous comparison of actual performance with predicted budgetary performance.  Revisions of budgets with changing circumstances. Ensuring the smooth working of the department/section.  Coordinating with purchasing/materials management/supply chain department/section for the approval of expenditure.  Monitoring and controlling the capital expenditure as per management guidelines.  Liaising with internal and external auditors as and when required.  Preparing the annual budget of the Organization.  Interacting with all functions to get inputs on budget and preparation of financial reports and forecasts.  Preparing forecasts, projections, trends, revenues and cost analysis.  Preparing budget presentation for senior management.  Assisting in the monthly and quarterly financial analysis to determine significant budget variances.  Preparing ad hoc reports, budget scenarios and related reports for reference of the management.  Supervising the compilation and submission of information on expenditure and other related details in order to help departments/sections for proper expenditures control and future budget preparation all year round.  Allocating costs to appropriate cost centers.  Advising on allocation of costs to each department/section and analyzing departmental/sectional performances with respect to return measures.  Providing cost analysis/ data to management in the form of reports as and when required.  Maintaining and issuing Capex reports.  Working closely with Procurement and Accounting, issuing reports detailing status of Capex expenditures and commitments in comparison to the approved Capex budget.  Issuing forecasts on Capex capitalization schedules and cash payments, as requested.  Anticipating management requirements and supervising the subordinates in preparing the necessary formats/reports.  Discussing with senior management about information/requirements to meet business needs.  Performing other similar or related duties as and when assigned including assisting internal and external auditors as and when required.  Checking workload, performance management, day to day supervision, training and orientation of the staff.  Planning and supervising the day to day activities of the department/section; streamlining processes wherever possible.  Providing on the job training and orienting the team during course of work.  Supporting the identification of the training requirements of the team and communicating the same for the benefit of the training department/section.  Maintaining collaborative and effective relationships with other key management personnel and keeping abreast of significant economic, social and technical trends, and regulatory guidelines which may influence assigned services.

Accounting ManagerFull Time

• Job Details: Conceptualizing and implementing accounting policies/ principles and tracking systems in Oracle R12 ERP system and ensuring compliance with accounting standards & procedures while managing the finance department.  Preparing fund flow and cash flow statements to monitor the inflow & outflow of funds and ensure optimum utilization of available funds to accomplish organizational goals.  Dexterous in preparation & finalization of various accounts & statements including monthly P&L Account, Balance Sheet and bank reconciliation statement as per accounting norms within time bound schedules.  Facilitating preparation of budget, conducting variance analysis with KPI to envisage difference between projected figures & actual expenditure and recommending / taking corrective actions.  Expertise in preparing and maintaining MIS reports for monitoring movement of key business indicators to facilitate decision making and fruitful dissemination of information regarding Sales Vs Collections & Line of Business wise profitability.  Evaluate Internal Control Systems to identify the flaws and implement necessary processes to overcome the defects in the existing system.  Liaise with the core finance team and the sales team, assisting with issues related to accounting, billing, payments and credit risk management. Coordinate with the Corporate Treasury, Advisors & Legal Counsel closely, ensuring all policies & procedures are in place properly.  Responsible for Debtors Ageing Control and for maintaining close coordination with sales team for collection of overdue payments.

Senior AccountantFull Time

• Job Details: Engaged in on-going cost reduction analyses in all areas of the company.  Increased profitability by reducing fixed costs and increasing productivity through efficiency and effectiveness of each crew.  Established Cost allocation by profit centers, cost centers and projects.