Ahmed Elshazly, CMA,FMVA, ACCA Candidate

Experience

• 

  Auditing firm of Mr. Ibrahim Salah

  Aug 2007 - Aug 2009

  Junior Auditor

  Job description: - Perform auditing services of financial statements for companies - Co-operate with the audit team to examine the client financial statements - Perform audit of the client internal controls in order to assess the risks - Perform substantive test of the client transactions. - Audit the purchases & payment cycle of the client. - Audit the revenue & cash collection cycle of the client. - Ensure the client company is operates in accordance with the established laws & governmental restrictions. - Ensure that the client company is operates in accordance with the applicable principals & standards of the profession. Show less

• 

  TE Data

  Sept 2009 - Aug 2013

  - Manage the Accounts payable team of four accountants. - Review all expenses and assets payments prepared by the payable team. - Review the monthly closing reports on Oracle & review the trial balance. - Review vendors accounts’ analysis, expenses analysis, deposits & prepaid accounts, accrual’s accounts for company expenses & revenues as well as Review customers & A/R analysis. - Review all fixed asset additions & retirement transactions done by fixed assets team. - Review new contracts & purchase orders done by purchasing & contracts units before it takes the financial approval to control & ensure proper implementation for the company procurement policy. - Conduct studies and submit recommendations for improving the organizations accounting & financial operations & company expenses allocation system - Assist the Accounting Manager in preparing monthly financial reports (BS , P&L & CF) Show less - Review invoices and checks for payments. - Reconciliation of payments - Prepare analysis of accounts - Resolve invoice discrepancies - Prepare all expenses and assets payments. - Complete the monthly closing on Oracle & review the trial balance - Prepare vendors, expenses, accruals, deposits & prepaid accounts analysis. - Record company expenses in its periods as per approved contracts & purchase orders - Vendor files maintenance & fixed assets supplier’s analysis - Correspond with vendors and respond to inquiries - Implement multiple allocation bases to allocate the company common expenses on its various departments. Show less

  • Senior Financial Compliance Accountant

    Sept 2012 - Aug 2013

  • Payable & GL Accountant

    Sept 2009 - Aug 2012
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  British Council

  Sept 2013 - Sept 2019

  - Monitor submission of FCCF returns (Financial Control & Compliance Framework) by MENA countries teams & follow up on risky items.- Prepare the consolidated financial statements reports for the region countries after reviewing the individual trial balance of each country.-Communicate with the NAO (national audit office) auditors & respond to their inquires & provide requested audit samples.- Review & submit cash flow templates of individual countries to UK treasury team- Follow up on open Pos reports, late Pos & late payments & report noncompliance issues in the P2P (procurement to pay process).- Prepare DSCA (direct staff cost allocation) files & upload it to SAP on a monthly basis.- Follow up on risky items on the sales & collection cycle to ensure proper implementation of the credit & debts management policy.- provide help and support in different financial areas as requested by the Regional financial controller. Show less  Manage the financial operations of the Council in Egypt & lead & train the finance team consists of Six finance Officers located in two cities in Cairo & Alexandria offices. Prepare FCCF (Financial Control & Compliance Framework) reporting & submit it to regional Finance Director & file for the monthly meeting, and follow up on outstanding actions. Prepare annual budget plans for the exams department & review it on a monthly basis according to monthly budget review & variance analysis between actual & planned figures. Upload annual budget to SAP & manage the quarterly re-forecasting exercises to adjust the annual plan on the system & add comments to explain the reasons for year to date variance.  Provide training to finance & non-finance staff to perform their daily work tasks on SAP in a compliant manner. Review the Trial Balance on a monthly basis and report any abnormal movement. Ensure smooth month/year end closing procedures with reference to Accruals & deferrals journals related to all revenues & expenses of the exams department. Review all Off-line Payments & Invigilators/ support staff claims before its execution.  Internal Auditing - by reviewing random samples (invoices, vendor forms, income cash receipts…) and provide the Head of Finance with a monthly report that summarizes the findings of the internal audit selections.  Prepare process documents for exams financial processes and monitor to ensure that these are followed in a standard and compliant manner  Preparation of cash flow forecasts & other planning and forecasting exercises Ensure the correct WBS’s and GLs are used to post expenses and revenues on SAP.  Maintain Control GLs for Accruals & clear it on monthly basis.  Control the debtor’s management policy to ensure that all revenues are collected & all-over due sales invoices are chased & the needed provisions (if any) are recorded on time according to the corporate policy. Show less

  • - Regional Senior Accountant

    Oct 2018 - Sept 2019

  • Finance Manager

    Sept 2013 - Oct 2018
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  Alrowad training & Development Centre

  Apr 2014 - Sept 2018

  Part Time Instructor

  - Provide CMA preparation & revision Courses for CMA candidates.- Provide Specialized accounting, specialized budgeting & forecasting Courses for fresh graduated accountants- Provide Courses for college students in accounting & Audit subjects.

• 

  Nahdet Misr Publishing Group

  Sept 2019 - Jan 2024

  - Manage preparation of annual budget, forecast plans and monthly cash flow taking into account changes in tactical and strategic plans, operations, trends, etc.- Leads organizational restructuring by creating new operational processes and functional frameworks to ensure accountability and clarity of outcomes across organization.- Develop and execute monthly and quarterly reports and any ad-hoc reporting and analysis as needed.- Perform variance analysis for performance evaluation & develop & measure KPIs driven from different financial ratios to generate more reliable financial reporting & enhance informed decision-making process. Prepare foretasted cash flow statement to facilitate planning for investments & borrowings & to insure the availability of the proper liquidity level.- Provide decision support & feasibility studies for acquisitions, investments and CAPEX.- Monitor & evaluate materials’ consumption, labor efficiency and overheads in order to drive cost savings project, analyze budget versus actual variance and changes in P&L & cash flow.- Prepare Monthly & Quarterly Balance sheet & consolidated, segment P&L reports.- Perform budget control Opex & Capex spending & develop cost rationalization synergies. - Manage and develop senior financial analysts’ performance concerning report creation, quality, accuracy and timeliness as well as overall performance evaluation. Show less

  • Financial Control & Compliance Manager

    Sept 2022 - Jan 2024

  • Financial Planning and Analysis Lead

    Sept 2019 - Sept 2022
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  Taheal - تأهيل

  Oct 2023 - now

  Finance Manager