Ahmed Elseddik, CPA, CMA, FMVA
Accounting Manager at ALMOAJIL HOLDING- Claim this Profile
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English Professional working proficiency
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Arabic Native or bilingual proficiency
Topline Score
Bio
Credentials
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Certified Public Accountant (CPA)
Guam Board of AccountancyJun, 2023- Nov, 2024 -
Investment Foundations Program
CFA InstituteNov, 2020- Nov, 2024 -
Financial Modeling & Valuation Analyst
Corporate Finance Institute® (CFI)Aug, 2020- Nov, 2024 -
Dashboards & Data Visualization
Corporate Finance Institute® (CFI)Jul, 2020- Nov, 2024 -
Certified Management Accountant (CMA)
IMA | Institute of Management AccountantsMar, 2018- Nov, 2024
Experience
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Almoajil Holding
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Saudi Arabia
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Mechanical Or Industrial Engineering
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1 - 100 Employee
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Accounting Manager
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Feb 2022 - Present
▪ Orchestrated routine and year-end financial closure processes, ensuring the timely generation of accurate financial statements.▪ Performed comprehensive cost and sales analysis to provide insights into performance variables, contributing to strategic pricing decisions.▪ Diligently reviewed data for accuracy and completeness, enhancing the reliability of financial information.▪ Consolidated financial statements and reports, promoting transparency and data coherence across business units.▪ Conducted financial trend and projection analysis to provide accurate forecasts and facilitate informed decision-making.▪ Reviewed, and responded to queries concerning consolidated financial statements, ensuring accurate interpretation of financial data.▪ Spearheaded the annual budget preparation process, aligning financial planning with organizational objectives.▪ Created and presented confidential and technical financial reports and forecasts, contributing to strategic planning.▪ Identified and implemented improvements to accounting processes and procedures, increasing efficiency and accuracy.▪ Upheld a robust internal control environment through effective design and implementation, mitigating financial risks.▪ Led coordination with external auditors, ensuring efficient and thorough audit processes.▪ Investigated and resolved audit discrepancies and non-compliance issues, maintaining a high standard of compliance with financial regulations.▪ Prepared and submitted VAT returns and reports, ensuring compliance with tax laws and regulations.▪ Managed the company's investment portfolio, preparing related reports and analyses. Show less
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Accounting Supervisor
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Aug 2020 - Jan 2022
▪ Ensured data integrity by reviewing and validating the accuracy and completeness of financial information.▪ Upheld a high standard of documentation by verifying all reviewed documents for proper compliance.▪ Created and maintained detailed accounting schedules and reconciliations, promoting accuracy and organization within financial operations.▪ Executed regular and year-end financial tasks, providing precise and timely financial statements.▪ Successfully produced and outperformed annual budgets according to schedule, ensuring effective financial planning.▪ Prepared and presented confidential and intricate financial reports and forecasts, supporting informed business decision-making.▪ Identified and suggested improvements to accounting processes and procedures, optimizing efficiency within the department.▪ Fostered an efficient internal control environment through thoughtful design and effective execution, strengthening financial governance.▪ Provided vital support in conducting internal and external audits, facilitating a thorough and efficient review of financial activities. Show less
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ALIRCO
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Saudi Arabia
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Wellness and Fitness Services
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1 - 100 Employee
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Senior Accountant
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Nov 2016 - Aug 2020
▪ Directed, verified, allocated, posted, and reconciled accounts payable and receivable, ensuring optimal cash flow management. ▪ Reviewed and tested the accuracy and completeness of accounts, maintaining a high standard of financial accuracy. ▪ Streamlined and executed the company's payroll process, ensuring timely and accurate compensation for all employees. ▪ Managed equity-related tasks, contributing to the financial stability of the company. ▪ Prepared monthly financial statements, providing a regular overview of the company's financial status. ▪ Established and maintained an efficient internal control environment, enhancing the reliability of financial data. ▪ Prepared VAT reports and withholding tax documentation, ensuring regulatory compliance. ▪ Managed and evaluated budgetary data to create accurate financial forecasts, supporting strategic planning. ▪ Collaborated effectively with auditors during the fiscal year-end audit, ensuring a smooth and thorough auditing process. ▪ Evaluated and resolved audit findings, discrepancies, and issues of non-compliance, maintaining the integrity of the company's financial records. Show less
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ICOA-Riyadh
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Saudi Arabia Riyadh
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Senior Accountant
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Jul 2012 - Nov 2016
▪ Supervised customer billings and cash receipts operations, ensuring accuracy and punctuality in financial transactions. ▪ Upheld data integrity through rigorous review and verification processes, ensuring the accuracy and completeness of financial information. ▪ Examined, allocated, posted, and reconciled accounts payable and receivable, enhancing financial transparency. ▪ Conducted in-depth analysis and reconciliation of general accounts, including bank statements, guaranteeing financial accuracy. ▪ Reviewed asset, liability, revenue, and expense entries, maintaining a complete and accurate record of financial transactions. ▪ Compiled and examined account information, contributing to a holistic understanding of the company's financial position. ▪ Audited accounts payable, payroll, journal entries, and accounts receivable, ensuring adherence to financial standards and regulations. ▪ Produced financial statements, including profit and loss accounts, facilitating an accurate representation of the company's financial health. ▪ Managed the preparation and revision of salary payroll, ensuring all employees were compensated accurately and promptly. Show less
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Arabian construction and development company
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Saudi Arabia Riyadh
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Accountant
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Nov 2010 - Jun 2012
▪ Prepared invoices, monitored collections, and managed accounts closure for suppliers and subcontractors, ensuring smooth financial operations. ▪ Examined the accuracy of invoices, credit notes, and debit notes, including payment terms, pricing, and bank details, enhancing financial accuracy. ▪ Examined supplier invoices with warehouse receipts and materials, validating financial transactions and preventing discrepancies. ▪ Managed purchase orders, ensuring timely and cost-effective procurement processes. ▪ Monitored accounts receivable details for non-payments and delayed payments, mitigating financial risks. ▪ Cooperated in reviewing and testing the accuracy and completeness of accounts, maintaining financial integrity. ▪ Tracked and reconciled bank accounts, ensuring accurate and up-to-date financial data. ▪ Participated with bookkeeping duties and prepared journal entries for accruals, contributing to the accuracy of financial records. ▪ Participated to the preparation of monthly closings and monthly reconciliation, ensuring timely and accurate reporting of financial status. Show less
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Education
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2005 - 2009
Mansoura University
Bachelor of Commerce (B.Com.), Accounting and Finance
Community
