Ibrahim Gad
Jeddah,Saudi Arabia
Summary
Accounting professional versed in internal controls, taxation, and business accounting practices. Focused on helping improve financial solvency with optimized systems and accurate forecasting. Diligent about auditing records and maintaining compliance standards. Detail-oriented with financial data and careful to follow accounting best practices and regulatory requirements. Helps drive financial improvements with reliable, accurate, and compliant records for forecasting and business planning.
Overview
15
15
years of professional experience
7
7
years of post-secondary education
1
1
Certification
Work History
Chief Accountant
Sama Design Company
Jeddah
11.2021 - Current
- Advised management on financial details related to business operations, inventory levels, and budgets.
- Organized and carried out month-end, quarterly, and year-end processes.
- Analyzed budgets and financial projections for accurate reporting of company performance.
- Analyzed monthly reporting to reconcile production operations and the general ledger.
- Managed financial updates, watch lists, and insurance files.
- Prepared detailed models, reports, and charts highlighting complex financial information.
- Increased accuracy of cost analysis by 10% by introducing effective standard costing system.
- Prepared monthly bank reconciliations and compiled reports for financial reviews.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Checked and imported payroll and pension data to pay salary deductions.
- Maintained integrity of general ledger, including chart of accounts.
- Created periodic reports comparing budgeted costs to actual costs.
- Created quarterly and yearly balance sheets to track financial trends and performance.
- Prepared VAT and income tax forms for commercial and individual clients.
- Reviewed and certified official financial statements for presentation to shareholders and governing bodies.
- Trained new employees on accounting principles and company procedures.
- Conducted regular reviews and official audits to validate recordkeeping and controls.
- Installed internal controls and set up standard procedures for business accounting systems.
- Guaranteed compliance of accounting activities with government regulations by performing audits.
- Produced accurate tax returns complying with official requirements and serving client needs to minimize liabilities.
- Analyzed monthly balance sheet accounts for corporate reporting.
Chief Accountant
Lion's Share
Jeddah, Saudi Arabia
03.2020 - 10.2021
- Work in conjunction with all department heads to ensure maximum profitability
- Assess all incoming products, resources, and services to ensure the best price
- Analyze invoices to ensure correct products/services were received at the expected cost
- Collaborate with department heads to strategize ways to minimize waste
- Commit to maximizing efficiency at all levels without compromising quality
- Roll out clear cost-saving programs with timelines and assessment goals.
- Prepared VAT and income tax forms for commercial and individual clients.
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.
- Compiled financial data for business forecasting and budgeting.
- Resolved reporting errors by conducting investigations and amending accounting entries in line with regulations.
- Reconciled accounts from income and expense data to net worth and assets.
- Filed tax returns and prepared governmental reports in compliance with strict standards.
Chief Accountant
Mass Group for Scale Models
Jeddah, Saudi Arabia
06.2015 - 10.2021
- Prepared monthly bank reconciliations and compiled reports for financial reviews.
- Reviewed and processed employee expense reports and vendor invoices for payment.
- Maintained integrity of general ledger, including chart of accounts.
- Checked and imported payroll and pension data to pay salary deductions.
- Analysed monthly balance sheet accounts for corporate reporting.
- Created periodic reports comparing budgeted costs to actual costs.
- Created quarterly and yearly balance sheets to track financial trends and performance.
- Prepared VAT and income tax forms for commercial and individual clients.
- Trained new employees on accounting principles and company procedures.
- Performed periodic expense variance analysis between budget, forecast and actual amounts.
- Reconciled accounts from income and expense data to net worth and assets.
- Produced accurate tax returns complying with official requirements and serving client needs for minimising liabilities.
Senior Accountant
Al-Miro Trading & contracting Co.
Jeddah, Saudi Arabia
08.2012 - 06.2015
- Reconcile accounts payable and receivable
- Reconcile bank accounts
- Post manage fixed asset process
- Prepare financial statements and produce budget
- Direct internal and external audits to ensure compliance
- Support month-end and year-end close process
- Ensure paychecks are correct and delivered on time
- Calculate salary and overtime
- Update new hires and terminations in payroll system.
General Accountant
Digi Print OOH
Cairo
11.2009 - 03.2012
- Reconcile bank accounts
- Post manage fixed asset process
- Support month-end close process
- Ensure paychecks are correct and delivered on time
- Calculate salary and overtime.
Education
Bachelor's degree - Accounting and Finance
Cairo University
Cairo 09.2004 - 08.2008
Very Good - General Studies
Secondary School
Egypt 09.2001 - 07.2004
Skills
- Financial Analysis
- Financial reporting
- Project budgeting
- Financial planning
- IFRS awareness
- VAT returns
- Financial Forecasting
- Tax return filing
- Oracle proficiency
- ERP Software
- Financial statement analysis
- Accounts Payable and Receivable (AP/AR)
- General ledger accounting
- Financial auditing
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Certification
- Duolingo German Fluency: Beginner, True
Languages
English
Arabic
Personal Information
Title: Chief Accountant
Timeline
Chief Accountant
Sama Design Company
11.2021 - Current
Chief Accountant
Lion's Share
03.2020 - 10.2021
Chief Accountant
Mass Group for Scale Models
06.2015 - 10.2021
Senior Accountant
Al-Miro Trading & contracting Co.
08.2012 - 06.2015
General Accountant
Digi Print OOH
11.2009 - 03.2012
Bachelor's degree - Accounting and Finance
Cairo University
09.2004 - 08.2008
Very Good - General Studies
Secondary School
09.2001 - 07.2004
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