Ahmed Dahab, MBA

Experience

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  AMC Airlines

  Jun 2008 - Jun 2011

  Financial Accountant

  - Managed bank account operations, including preparing monthly reconciliations for seven to eight different currencies and maintaining general ledger entries.- Prepared, reviewed, and followed up on bank transfers, ensuring accuracy and timely reporting to the chief accountant.- Contributed to the preparation of financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements.- Processed monthly employee benefits, including overtime calculations for captains and cabin crew.Coordinated with suppliers regarding accounts and prepared monthly and annual reports on material planning.- Reviewed supplier invoices against purchase orders to ensure accuracy.- Oversaw store control for catering, reviewing invoices and purchase orders, and preparing monthly and annual inventory reports for all airport terminal warehouses.- Managed the filing and documentation of invoices, records, and confidential documents to ensure compliance and organization. Show less

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  Anani Office for Accounting and Auditing

  Aug 2008 - Jul 2010

  External Auditor

  - Contributed to corporate audits and the preparation of account reports.- Assisted in preparing adjusting entries and preparing financial statements in compliance with legal standards.- Supported the preparation of journal entries and general ledger entries for various companies.- Assisted in preparing balance sheets for companies across multiple sectors, including construction, tourism, transport, education, clubs, and import/export.- Reviewed accounting statements, bank statements, and special reports for companies.- Assisted in reviewing bid bonds and letters of performance.- Prepared final versions of financial statements for clients. Show less

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  AlRiyadh Travel & Tourism

  Jun 2011 - Jun 2012

  Senior Accountant - Alqassim Branch

  - Reviewed and matched invoices from the main branch (Agent) Trought Emails and System, ensuring accuracy with branch accounts.- Issued client invoices and tracked payment processes to ensure timely collections.- Monitored supplier accounts (airlines, hotels, and agents), preparing required reports for management.- Managed bank transfers to vendors, recording transactions in the accounting system.- Recorded journal entries in the ERP accounting system, ensuring compliance and accuracy.- Prepared monthly and quarterly accounting reports, including income statements, balance sheets, and trial balances.- Monitored attendance and processed monthly salary calculations for employees.- Managed daily treasury operations, preparing daily reports and ensuring proper cash flow management. Show less

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  Alkhobar interface Company

  Jul 2012 - Dec 2014

  Chief Accountant

  - Managed account entries, bank reconciliations, and invoice processing using Smacc, ensuring accurate financial reports.- Monitored customer and supplier accounts, setting credit limits and providing periodic updates.Prepared financial statements (income, cash flow, balance sheet) to support decision-making.- Managed asset depreciation and prepared monthly reports for company assets.- Processed employee salaries, calculated overtime, and handled end-of-service benefits.-Allocated expenses to correct cost centers and tracked project-specific expenditures.-Coordinated with subcontractors, monitored project costs, and ensured proper material allocation.Reviewed engineering ab stracts and prepared corresponding journal entries.- Advised management on financial strategies and investment decisions.- Contributed to the development of accounting systems and financial processes. Show less

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  Dipndip

  Dec 2014 - May 2016

  Senior Accountant

  - Prepared daily bank and POS reports, reconciliations, and branch sales reports, ensuring accuracy and timely submissions.- Supervised main inventory operations, including continuous stocktaking and monitoring stock movements to branches, aiming to minimize costs and significantly reduce waste.- Evaluated and optimized recipe management for key items to align with operational and cost-control objectives.- Managed supplier invoices, payments, and branch rent schedules, ensuring compliance with payment deadlines.- Prepared monthly, quarterly, and annual financial statements, including Balance Sheets, Income Statements, and Cash Flow Statements, in line with international and Saudi standards.- Reviewed and corrected accounting entries, ensuring accuracy, compliance, and reliable financial reporting. Show less

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  Nahj Alshifaa Group

  May 2016 - Apr 2022

  Finance Director

  - Prepared and analyzed comprehensive financial reports, providing strategic recommendations to optimize liquidity, enhance revenue streams, and manage budgets efficiently.- Directed the preparation of financial statements, ensured adherence to accounting standards, and oversaw internal controls and external audit processes.- Reviewed and negotiated contracts with customers and insurance providers, ensuring competitive pricing, timely renewals, and alignment with market dynamics.- Monitored accounts receivable, collections, and credit invoices, successfully resolving technical billing issues and reducing insurance rejections by over 50%.- Managed inventory and procurement operations, implementing waste reduction measures that significantly lowered costs and boosted profitability.- Strengthened partnerships with financial institutions, key clients, suppliers, and stakeholders, including Aramco JHAH, to drive operational improvements.- Assessed and approved investment opportunities and expansion projects, particularly for Aramco initiatives, ensuring sound financial control and resource allocation.- Led repricing strategies aligned with market rates, negotiating higher service prices with insurance providers to enhance revenue. Show less

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  Fajer Group Saudi Arabia

  Apr 2022 - Sept 2024

  Accounting Manager - "Lama Medical Company" HCP

  - Prepared comprehensive monthly financial reports, ensuring accuracy and providing actionable insights.- Collaborated with management to develop and monitor budgets aligned with company objectives.- Supervised the preparation of IFRS-compliant financial statements, including Balance Sheets and Income Statements.- Controlled direct costs to reduce expenses and improve profitability.- Monitored and ensured compliance with tax, legal, and contractual obligations.- Managed external contracts and strengthened relations with clients, suppliers, and auditors.- Evaluated investments and expansions, including “Aramco Projects,” to support sustainable growth.- Maintained financial control over cash flows and enhanced internal financial processes.- Managed the insurance department’s financial aspects, overseeing rejection control (medical and technical) and significantly reducing rejection rates. Show less

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  Alhesn Almanee Medical Company

  Oct 2024 - now

  Contracting Manager