Ayman Yahia
Financial Controller
Dammam,Saudi Arabia
Summary
Profile Summary Profile Summary Extensive accounting experience in managing teams, Financial& Costing Accounting, month-end accounting close, financial statements, Proficient in prioritizing and completing tasks in a timely manner. Forward-thinking Financial Controller excited to bring [13]-year background to growing organization. Expert in setting financial targets and devising strategies to improve internal controls, standards, and processes. Successful in advising business executives on financial strategies driving short-term and long-term growth.
Overview
14
14
years of professional experience
2
2
Languages
Work History
Financial Controller
Almoajil Group
Dammam
07.2019 - Current
- Reporting- all required financial statements information &analysis weekly, monthly, Quarterly& year end
- Financial statements –(P&L-B.S- C.F) on monthly base including required analysis
- Costing- reviewing production KPIs& studying any variances to be under control
- General Ledger – timely and accurate financial reporting (weekly, monthly, quarterly or annual) along with corresponding bank, intercompany and balance sheet account reconciliations
- Accounts Payable – timely invoice processing and payment of our vendors and employee expense reports
- Handle all A/P issues and all local government reporting associated with said processing
- Payroll – Timely and accurate payroll processing along with ensuring our time keeping and scheduling systems are complaint
- Work with HR on development and maintaining of payroll policies as local labour laws or corporate change
- Accounts Receivable – Ensure timely billing; maintain account reconciled and aging current
- Inventory – Research discrepancies and resolve in timely manner
- External Reporting – Work with our external accounting, tax and audit firms to ensure all company corporate filings deadlines are always met
- Identify and develop key staff within the finance organization
- Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
Financial Manager
Sara’s Organic Food Tarek Nour Group
Cairo
06.2018 - 07.2019
- Setting the general framework for the financial management of the Agriculture Sector
- Supervising all financial activities of the Agriculture Sector
- Access the highest possible levels that facilitate the work of financial management
- Participate in the preparation of accounting policies and procedures in accordance with Egyptian and international accounting systems, and monitoring their implementation
- Supervising the implementation of general policies and procedures of the accounting and financial transactions of the agriculture sector
- Establishing and managing the accounting systems for the Agriculture sector
- Checking and following the implementation of the laws related to taxes, amendments and interpretations as soon as they are issued
- Following up the implementation of documentary courses and address the accounting problems that arise
- Conducting budget planning, identifying deviations, and analyzing causes
- Review and approve monthly balances
- Review and approve the monthly financial statements, and ensure that they are prepared by the deadline (by the end of the middle of the following month)
- Review, interpret and analyze financial and statistical data and submit them to senior management
- Following up on the Agriculture department liquidity to ensure payments of all obligations and collection of all benefits on time
- Issuing of payments within the limits of the approved financial authorities
- Participating in the development of depreciation policies and procedures for the acquisition and recording of fixed assets and the estimation and calculation of depreciation
- Participate in the feasibility study of the branches, projects and new investments of the Agricultural sector.
Senior Cost Accountant
Wadi Group
Cairo, sheikh Zayed
01.2017 - 06.2018
- Participate in data collection & analysis of the production cost
- Prepare monthly cost control KPI’s
- Participate in internal and external audit requirements
- Ensure the cost allocation keys on a monthly basis
- Ensure the headcount allocation on the proper production and service cost centre
- Review and update all the cost centers and chart of accounts besides GL mapping
- Participate in month-end closing, prepare required journal entries if necessary
- Prepare end of month reports “Manufacturing cost per unit, Production variance analysis, departmental costs, and other requested reports” for decision makers
- Prepare the monthly & quarterly reports (COGS Analysis, COP, MOH)
- Financial statements –(P&L-B.S- C.F) on monthly base including required analysis
- Costing- reviewing production KPIs& studying any variances to be under control
- General Ledger – timely and accurate financial reporting (weekly, monthly, quarterly or annual) along with corresponding bank, intercompany and balance sheet account reconciliations
- Accounts Payable – timely invoice processing and payment of our vendors and employee expense reports
- Handle all A/P issues and all local government reporting associated with said processing
- Payroll – Timely and accurate payroll processing along with ensuring our time keeping and scheduling systems are complaint
- Work with HR on development and maintaining of payroll policies as local labor laws or corporate change
- Accounts Receivable – Ensure timely billing; maintain account reconciled and aging current
- Inventory – Research discrepancies and resolve in timely manner
- Budgets – Preparation of annual budgets and revised forecasts and provide variance explanations to Corporate and local management team when requested
- External Reporting – Work with our external accounting, tax and audit firms to ensure all company corporate filings deadlines are always met
- Identify and develop key staff within the finance organization
Senior Cost Accountant
Ghabbour Auto
05.2013 - 01.2017
- Estimating spare parts landed cost and control on actual cost and expenditures and investigating the variances
- Apply overhead costs
- Breakeven point by product and segments
- Prepare journal entries and prepare periodic reports that show the progress of the cost accounting activities
- Ensure completing drilling down monthly reports from oracle system about all transactions as (purchasing RM issuing, FG, additions, sub-Inv
- Transfer &sales) at the end of period stock for all sub-inventories and Reconcile it with financial reports as (trial balance &account analysis)
- Ensure completing monthly manufacturing job orders reviewing &compare it with bill of material to clarify the component issue increasing decreasing to solve it
- Check adding standard overhead to the manufacturing job orders according to the annual budget predetermined rate per hour, standard manufacturing hours per unit &manufacturing job orders QTY
- Monthly handling& allocate variance accounts as WIP raw material variance, manufacturing variance &etc.
Cash Management Accountant
Ghabbour Auto
06.2008 - 05.2013
- My role involved Handle the payment processing, Review of petty cash, Handle the payment processing and ensure approval, Handle posting of accounting transactions and processing of financial data in accordance with the internal policies.
General Accountant
Arab Construction Office
09.2007 - 06.2008
- My role involved Recording journal entries, posting to ledgers, recording on American Journal, Recording financial transactions on a special accounting software.
Education
Diploma - financial accounting and auditing
Cairo University
B.Sc. - Accounting
Benha university
CMA in Progress. -
IMA
08.2021 - Current
Professional training Microsoft office course Computer Qualifying Centre Ministry OF Defence Training on Windows, WORD, ECXEL, PPT, INTERNET. English Language Course MODLI CENTER. English Language Course - undefined
Asep Academy
Languages & computer Science - undefined
Skills
Accounting management
IFRS proficiency
Corporate finance
Internal control management
Preparing financial statements
Strategic planning
Staff Management
Accomplishments
- Implementing & Improving Accounting Software in Last 3 Companies, that led to maximizing the quality of reporting& Controlling, and reducing acquisition of finance time by almost 40%
- Introduced accounting procedures and stronger financial controls to improve financial reporting 35%
- Reduced accounts receivable days to 45, resulting in increased year2019 over2018 year revenues of SR 10 Million
- Led team of [55] in managing accounting functions for companies with international locations
- Used Microsoft Excel to develop inventory tracking spreadsheets.
Timeline
CMA in Progress. -
IMA
08.2021 - Current
Financial Controller
Almoajil Group
07.2019 - Current
Financial Manager
Sara’s Organic Food Tarek Nour Group
06.2018 - 07.2019
Senior Cost Accountant
Wadi Group
01.2017 - 06.2018
Senior Cost Accountant
Ghabbour Auto
05.2013 - 01.2017
Cash Management Accountant
Ghabbour Auto
06.2008 - 05.2013
General Accountant
Arab Construction Office
09.2007 - 06.2008
Diploma - financial accounting and auditing
Cairo University
B.Sc. - Accounting
Benha university
Professional training Microsoft office course Computer Qualifying Centre Ministry OF Defence Training on Windows, WORD, ECXEL, PPT, INTERNET. English Language Course MODLI CENTER. English Language Course - undefined
Asep Academy