Ahmed Mohamed Ismail
Jeddah,Saudi Arabia
Summary
Seasoned accounting professional with focus on financial management and compliance. Excel in optimising financial operations and ensuring regulatory adherence through strategic planning and analytical skills. Capable of enhancing profitability and improving financial processes.
Overview
17
17
years of professional experience
2008
2008
years of post-secondary education
Work history
Chief Accountant
Precast Manufacturing Company Co. (Premco)
Jeddah, Saudi Arabia
05.2017 - Current
- Prepare comprehensive financial statements, including the Balance Sheet, Income Statement, Cash Flow Statement, Statement of Changes in Equity, and accompanying notes.
- Liaise with the external auditors, tax consultants, and regulatory bodies to ensure smooth audits and compliance.
- Developing, maintaining, analyzing budgets, and preparing Periodic reports that compare budgeted costs to actual costs along with supporting forecasting activities.
- Ensure full compliance with International Financial Reporting Standards (IFRS) in all financial reporting, disclosures.
- Analyse financial performance, variances, and trends to provide strategic insights and recommendations.
- Assist in formulating the company’s financial strategy and risk management policies.
- Implementing and maintain internal financial control to safeguard company assets and prevent fraud.
- Coordinate monthly, quarterly & annual closing and prepare management reports.
- Track credit and / or payment performance, review outstanding settlements and manage resolutions accordingly.
- Oversee daily accounting operation, including payables, receivables, Payroll, Fixed Assets and bank reconciliations.
- Collaborate with other departments to ensure financial alignments with business objectives.
Chief Accountant
Precast Concrete Elements Co.
Rabigh, Saudi Arabia
12.2012 - 04.2025
Senior Accountant
Precast Concrete Elements Co.
Rabigh, Saudi Arabia
01.2010 - 12.2012
- Prepare Zakat and Tax Declarations in compliance with Saudi tax laws.
- Submit Zakat, VAT, and Withholding Tax returns through the ZATCA portal.
- Prepared percentage of completion (POC) Calculation.
- Managed accounts payable and accounts receivable processes, ensuring timely and accurate processing of invoices and payments.
- Prepare general reports about subcontractors and suppliers accounts like indebtedness volume with details for every project.
- Make reconciliations with related party companies - inter companies (Saudi binladin group).
- Record accrued (unbilled) revenue and accrued subcontractors monthly.
- Monitoring project cash flows and preparing reports on liquidity and financial needs.
- Auditing and reviewing journal entries.
- Review payroll reports with supporting documents.
- Follow-up contracts and customers payment certificates.
- Prepare general reports about sales volume with details for every project.
- Make general reports like sales & purchase analysis.
- Versed in other scopes like petty cash & Inventory.
- Prepare all reports required from the holding company.
Accountant
Precast Concrete Elements Co.
Rabigh
06.2008 - 01.2010
- Bookkeeping.
- Auditing financial transactions include bank settlements.
- Make journal entries for the payment certificates after review.
- Compile the business advance transaction of the organization and make entries in general ledger under relevant account head.
- Prepare financial statement attachments & depreciation of the assets.
- Prepare and maintain various supporting documents like bills, receipts, vouchers, invoices, purchase orders and employee attendance records.
Education
Certified Management Accountant -
Bachelor’s degree - Accounting Dept.
Sohag University
Skills
- Microsoft Office (Word, Excel, Access)
- Microsoft Dynamics Axapta
- Oracle Fusion
Languages
English
Native language
Arabic
Proficient (C2)
A1
Personal Information
- Date of birth: 09/25/86
- Nationality: Egyptian
Timeline
Chief Accountant
Precast Manufacturing Company Co. (Premco)
05.2017 - Current
Chief Accountant
Precast Concrete Elements Co.
12.2012 - 04.2025
Senior Accountant
Precast Concrete Elements Co.
01.2010 - 12.2012
Accountant
Precast Concrete Elements Co.
06.2008 - 01.2010
Certified Management Accountant -
Bachelor’s degree - Accounting Dept.
Sohag University
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