Ahmed Hamid
Final Accounts & Investments And Assets Manager at Sudanese Petroleum Pipelines Company (SPPC)- Claim this Profile
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English Full professional proficiency
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Arabic Native or bilingual proficiency
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Bio
Credentials
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KPIs
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Experience
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Sudanese Petroleum Pipelines Company (SPPC)
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Oil and Gas
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1 - 100 Employee
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Final Accounts & Investments And Assets Manager
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Jan 2018 - Present
Responsible for preparing published financial statements to all stakeholders, prepare and presenting periodic and final reports to Board Of Director (BOD) and internal levels of management, Controlling, managing and overseeing overall financial systems through establishing and enforcing proper accounting methods, policies, and procedures to ensure accurate preparation and presentation of daily, weekly, monthly records as required and financial and management monthly reports, year-end comprehensive income statement and financial position, budget performance compared to actual results, variances analysis & explanations and cash flow. Liaison with Financial Affairs Manager, top management and other line managers for budgeting and cost control.Ensure all company assets, investments, liabilities and transactions are accounted for and recorded proper and conducting investments decisions (Assets and Securities Investments) and day to day accounting transactions, proper maintenance of accounting records, and ensure that reported results comply with International Financial Reporting Standards (IFRS).Provide leadership to finance and accounting areas of the company, provide useful financial insights to help make better decisions about formulating and executing strategy, and provide guidance and analysis to executive and operational management to improve and enhance the accuracy of the company’s reported financial results and performance.Prepare and assist with developing audit schedules for the annual audit, suggest improvements in processes to increase effectiveness.Manage the process of developing, maintaining, operating, acquiring and selling of long term assets according to investment preferences and goals. Monitoring asset programs to increase revenue and asset values.Preparing corporate and consolidated financial statements and effectively establishing and implementing an integrated accounting and reporting system for the company and its subsidiaries.
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Final Accounts Section Head
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Jun 2016 - Jan 2018
Operating the accounting system and maintaining accounting records of all transactions. Issuing timely, accurate, and complete financial reports to Final Accounts and Investment Manager, report upon benchmarks to measure company performance for internal uses.Ensure maintaining of general ledgers, accounts payable, accounts receivable, revenue and expenses reports, billing, and payroll. Conduct day to day accounting transactions, proper and accurate maintenance of accounting transactions and records through supervising all Final Accounts Section's staff and ensure that all financial transactions are reported according to International Financial Reporting Standards (IFRS).Perform month-end closing procedures, including overhead allocations, account reconciliations, monitoring and analyzing accounting data to produce internal financial reports or statements.Maintaining accounting and finance processes to ensure their accuracy and completeness as well as complying with accounting principles and company policy and compliance with local statutory requirements.Preparing monthly profit & loss, balance sheet, taxes and inventory reports.
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Internal Audit & Inspection Section Head
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Mar 2010 - Jun 2016
Auditing business processes, assess risk management procedures through operational, compliance, financial, and investigation audit. Ensure that the organization is complying with relevant laws, statutes, policies, procedures and IFRS standards. Evaluate internal control and make recommendations on how to improve it through reports submitted to Internal Audit & Inspection Manager. Review inventories management processes, inventory control policies and procedures and inventory transactions.Having responsibility to plan and perform the audit activities to obtain reasonable assurance that the financial statements are free of material misstatement, error or fraud and have been prepared in accordance with International Financial Reporting Standards (IFRS) and relevant laws, policies and procedures.Responsible for developing, implementing and following up the audit annual plan for the section in HQ and its four stations units (Alshajara – Alrwyan – Atbara- Portsudan).
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Internal Audit Unit Head
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Oct 2001 - Mar 2010
Conducting all audit and administration inspection activities such as reviewing business processes, auditing inventories and daily accounting transactions, ensure completeness of transaction's necessary documents and monitoring general ledgers, accounts payable, accounts receivable, expenses and revenues transactions, review budget performance and report deviations and findings to Internal Audit & Administration Inspection Section Head.
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First Internal Audit Inspector
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Mar 2000 - Oct 2001
Auditing government’s organizations performance and processes, day to day auditing activities ministry of economy and finance and labor forces and belonging ministries and organizations, auditing banks accounts, cash, petty cash, accounting transactions of revenues and expenses, ensure compliance with government’s policies and procedures, completeness of transaction necessary documents, review budget performance and report deviations, and auditing monthly and annually closing activities. Auditing government’s organizations performance and processes, day to day auditing activities ministry of economy and finance and labor forces and belonging ministries and organizations, auditing banks accounts, cash, petty cash, accounting transactions of revenues and expenses, ensure compliance with government’s policies and procedures, completeness of transaction necessary documents, review budget performance and report deviations, and auditing monthly and annually closing activities.
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Education
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University of Khartoum
Master of Accounting And Finance -
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Sudan University For Science & Technology
Bachelor of Commerce (B.Com.), Accounting and Finance -
2005 - 2007
Red Sea University
Post Graduate Diploma in Social Statistic, Social Sciences
Community
