Taher Ahmed

Key Responsibilities

• Manage preparation of monthly, quarterly and annual business unit and consolidated financial statements with courtyard by Marriott hotel
• Prepare and analyze financial statements' reporting package on monthly basis
• Perform data quality checks across all reporting systems to ensure integrity of reports published
• Liaison with external auditors to prepare audited financial statements for each entity
• Issuing monthly performance report (Actual vs YAGO and Actual Vs Budget)
• Issuing Board of directors' report on quarterly basis
• Issuing investments property report on weekly basis
• Issuing quarterly KPIs report for financial & Budget results
• Managing Reporting activities and representation during business meetings to understand and ensure needed information is delivered which meets strategies business goals
• Ensuring reports are developed using most appropriate method and tools available
• Designing effective budget models for departments and entire company
• Analyzing financial information (e.g., revenues, expenditures and cash management) ensuring that company's financial operations do not exceed budget limits
• Suggest spending improvements that increase profits
• Ensures that company's budget complies with approved legal regulations
• Comply with approved policy of budgeting regarding deadlines and management of budgeting process.

Key responsibilities

• Develop and document business processes and accounting policies to maintain and strengthen internal controls
• Follow - up on irregularities/noncompliance with procedures and highlight them to Management.
• Maintaining and monitoring all accounting records.
• Getting books of accounts ready for various audits - statutory, IKTVA, internal, etc
• Providing technical support and advice to junior staff
• Verify, allocate, post, and reconcile accounts payable and receivable
• Supervising all inter-company transactions and generating invoices as necessary
• Preparing monthly Withholding Tax Schedules and ensuring timely payment to government
• Preparing Tax Filing and Tax Returns on ZATCA platform with 100% Accuracy in submitting Tax files
• Scanning, posting of bills payments and payments of all Supplier invoices
• Monthly Intercompany Reconciliation with SEL India, SELINC USA, SEL UAE, and SEL Middle East
• Liaised with and managed relationships with external auditors to prepare excellent audit reports.
• Ensuring SEL's Values are fully implemented and sustained across all areas of responsibility
• Full cycle preparation of Monthly & year-end close process.

Key responsibilities:

• Maintaining, analyzing, and developing bills of material (BOMs)
• Reviewing and analyzing manufacturing job orders (Batches) and closing them on time
• Comparing budgeted overheads vs Actual, and analyzing reasons for variances
• Performed variance analysis, determining root cause of variances with 100% success.
• Perform and report performance indicators on daily basis for Sales & production dashboard
• Reviewing Mfg (O/H) for all products, clearing and allocating over/under-applied amounts
• Continuously checking purchase prices, determining effect of price fluctuation on product cost
• Preparing contribution / Gross margins and profitability analysis
• Performing and supervising month-end cost accounting duties (closing of production orders, reporting variances, efficiency, and spoilage reports) Inventory Control
• Supervising physical inventory counts and validating Inventory variances report
• Preparing Proper entries in General Ledger for all COGS / Inventory related entries (Material Cost / Overheads and Labor Costs)
• Maintaining Spare Parts physical records and ensuring monthly calculation of Spare Parts provision
• Validating Cost of goods sold (COGS) as part of monthly close
• Ensuring all inventory sub-ledgers match with general ledger
• Assisting in preparation of annual operating plan (AOP) and cash flow forecasts
• Evaluating CAPEX proposals, comparing them with budgets, and advising management on feasibility
• Making sure company's departments meet their budget submission deadlines
• Issuing weekly & Monthly reports such as (Material Usage Variance, Sales & production reports), and preparing monthly flash P&L
• Responding to accounting inquiries from management in timely fashion.

• Proficient in using accounting ERP System Microsoft Great Plains (GP)
• Preparing payment vouchers, and controlling Petty cash and expense claims by verifying
• Documentation, and requesting disbursements
• Preparing and recording period-end accruals and adjustments
• Full reconciliation of General Ledger accounts
• Reviewing cash flow and ensuring funds are daily arranged
• Preparing and reviewing bank reconciliations
• Assisting in Preparing monthly/quarterly/annual financial statements.
• Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions.