Ahmed Ali El Esawy
Saaf Contracting Company
Riyadh,Saudi Arabia
2
Languages
1
Certification
4
years of post-secondary education
8
Years of experience
Finance professional with expertise in IFRS financial reporting, financial analysis, and audit support. Manage monthly and annual close, general ledger processes, and bank reconciliations. Support VAT compliance and ZATCA filings through implemented internal controls.
Work history
3 Years 8 Months
2023.03 - 2026.11
3 Years 8 Months
Senior Accountant
Saaf Contracting Company | Riyadh
2023.03 - 2026.11
- Manage full accounting cycle, including journal entries, general ledger, and trial balance review.
- Manage monthly and annual closings, including accruals, prepayments, and depreciation provisions.
- Oversee AP and AR end-to-end: match supplier invoices to purchase orders.
- Recognize revenue using percentage-of-completion tied to approved progress billings and entries.
- Prepared progress billings and payment certificates, then tracked approval workflows actively.
- Track project costs, allocate costs per project, monitor actuals versus budget.
- Reviewed subcontractor payment applications, advances, and deductions for accurate reconciliation.
- Review monthly payroll details pre-disbursement, covering salaries, allowances, deductions, provisions.
- Maintain fixed assets register, covering additions, disposals, transfers, and depreciation postings.
- Support treasury using updated cash position reports, liquidity monitoring, and scheduling.
- Shortened monthly close cycle by standardizing close checklist, automating journals, and resequencing reconciliations.
- Eliminate recurring bank reconciliation differences using monthly matching routine and schedule rebuild.
- Strengthened tax compliance through pre-filing review checklist aligned with ZATCA requirements.
- Improved cash position visibility using cash position and payment priority reporting.
- Reduced duplicate and unmatched supplier invoices by enforcing purchase order matching.
- Strengthened internal controls over cash custody and payments using approval limits.
- Provide executive management standardized monthly reporting package, including P&L, balance sheet, cash flows.
- Supported operating structure as subsidiary within holding group framework.
- Present key responsibilities clearly, covering scope, duties, and expected outcomes.
- Delivered key achievements across assigned responsibilities and project deliverables through completion.
2 Years 11 Months
2020.02 - 2023.01
2 Years 11 Months
Accountant
Ready-Made Garment Factory | Sharqia, Egypt
2020.02 - 2023.01
- Reconciled customer and supplier sub-ledgers using daily clearing difference checks.
- Prepared month-end schedules supporting finance manager during close processes.
- Tracked aged customer balances and escalated overdue items for resolution actions.
- Managed payroll processing tasks, avoiding processing errors during each run.
- Implemented cost control measures to enhance profitability and manage expenses.
- Managed accounts receivable carefully to improve cash flow outcomes.
- Generated invoices using established accounts receivable schedules and terms.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Organised month-end, quarterly, and year-end processes for consistent completion.
- Managed financial update watch lists and maintained insurance file records.
- Trained new employees on accounting principles and company procedures.
- Advised management on financial details for inventory levels and budgets.
1 Year 4 Months
2018.08 - 2019.12
1 Year 4 Months
Treasury & Cash Custody Accountant
Real Estate Investment Company | Obour City, Egypt
2018.08 - 2019.12
- Managed custody of company cash by verifying documents and approvals for compliance policy.
- Deposited and withdrew funds using treasury procedures and maintained a daily cashbook.
- Kept payment records compliant with policy, with no unreconciled cash differences.
- Followed bank transaction and attendance reporting procedures to keep treasury records accurate.
- Compiled daily attendance reports and reconciled petty cash for payroll processing.
Education
Bachelor of Commerce - Accounting
Zagazig University, Faculty of Commerce | Zagazig, Egypt | 2014.08 - 2018.05
GPA: Good
Skills
IFRS reporting
Financial close
Trial balance review
Ledger management
Accounts payable (AP)
Accounts receivable (AR)
Bank reconciliations
Cash flow management
Certification
- Professional Diploma in Financial Accounting (PFAD) — Trainers EG, Cairo, Egypt
- Accounting Applications Using Microsoft Excel — Information Systems Center, Egypt
- International Computer Driving License (ICDL) — Ahmed Orabi Center, Zagazig, Egypt (2018)
- Accounting Practical Training — Trainers EG, Cairo (2016 – 2018); CPA firm, Cairo (2015)
Languages & Additional Information
Languages: Arabic (native), English (upper-intermediate)
Native
English
Intermediate
Affiliations
- Travelling, Reading, Sports
Timeline
Senior Accountant
Saaf Contracting Company
2023.03 - 2026.11Read more
Accountant
Ready-Made Garment Factory
2020.02 - 2023.01Read more
Treasury & Cash Custody Accountant
Real Estate Investment Company
2018.08 - 2019.12Read more
Zagazig University, Faculty of Commerce - Bachelor of Commerce, Accounting
2014.08 - 2018.05Read more