Ahmed Reda, MBA
Head of Finance at Business Map Consultants- Claim this Profile
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English Full professional proficiency
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Arabic Full professional proficiency
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Bio
𝐀𝐛𝐝𝐚𝐥𝐥𝐚𝐡 𝐅𝐚𝐃𝐚𝐥𝐢,MBA Holder,SOCPA,DBA Business, Financial and Strategic Management
MR / Ahmed Reda is the most powerful person in accounting and one of the strongest financial managers I have worked with, whether inside or outside Egypt. One of the best financial managers that I have worked with 🔥💪🔥
𝐀𝐛𝐝𝐚𝐥𝐥𝐚𝐡 𝐅𝐚𝐃𝐚𝐥𝐢,MBA Holder,SOCPA,DBA Business, Financial and Strategic Management
MR / Ahmed Reda is the most powerful person in accounting and one of the strongest financial managers I have worked with, whether inside or outside Egypt. One of the best financial managers that I have worked with 🔥💪🔥
𝐀𝐛𝐝𝐚𝐥𝐥𝐚𝐡 𝐅𝐚𝐃𝐚𝐥𝐢,MBA Holder,SOCPA,DBA Business, Financial and Strategic Management
MR / Ahmed Reda is the most powerful person in accounting and one of the strongest financial managers I have worked with, whether inside or outside Egypt. One of the best financial managers that I have worked with 🔥💪🔥
𝐀𝐛𝐝𝐚𝐥𝐥𝐚𝐡 𝐅𝐚𝐃𝐚𝐥𝐢,MBA Holder,SOCPA,DBA Business, Financial and Strategic Management
MR / Ahmed Reda is the most powerful person in accounting and one of the strongest financial managers I have worked with, whether inside or outside Egypt. One of the best financial managers that I have worked with 🔥💪🔥
Experience
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Business Map Consultants
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Egypt
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Business Consulting and Services
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1 - 100 Employee
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Head of Finance
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Oct 2020 - Present
Developing financial plans to help clients achieve their long-term and short-term financial goals. Advising clients on retirement planning, investments, and insurance decisions, depending on their financial goals. Assessing how certain life changes and financial status changes affect clients’ financial plans and adjusting such plans accordingly. Traveling to clients’ homes and places of business to consult with them. Monitoring financial markets and economic conditions. Soliciting new clients through cold-calling, emailing, advertising, and seminar-hosting. Communicating with accountants, real estate agents, attorneys, and other professionals to verify information. Researching suitable investment opportunities for clients. Show less
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Aman Group
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Egypt
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Consumer Services
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100 - 200 Employee
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Group Head of Finance
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May 2021 - Jul 2022
Top Achievements for the role: Led the business communications and negotiations with stakeholders of business to reduce the operating costs with 1%. Member of the business development committee to enhance the resources of revenue which led to increase the revenue with 350%. Member of the tender committees and Led the business communications and negotiations with vendors which resulted to make saving by 12% in infrastructure and assets costs. Set-up the financial department policy and structure. Member of the policies and procedures committee to enhance the work flow efficiency through the business life cycle. Show less
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EG GATE
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Egypt
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Technology, Information and Internet
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1 - 100 Employee
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Head Of Finance
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Jul 2018 - Oct 2020
Top Achievements for the role: Developed the financial planning for the business by building re-feasibility study to running the business more efficient and productive. Led the business communications and negotiations with banks to reduce the operating costs of payments gateways with around 0.7%. Member of the tender committees and Led the business communications and negotiations with vendors which resulted to make saving by 10% in infrastructure and assets costs. Set-up the financial department policy and structure. Member of the policies and procedures committee to enhance the work flow efficiency through the business life cycle. Show less
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International Turnkey Systems - ITS
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Kuwait
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Software Development
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700 & Above Employee
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Unit Head of Finance
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Oct 2014 - Jul 2018
Top Achievements for the role: Participated in developing “Project Management Framework” as well as polices for maintaining and controlling the projects documentation, creation and closure process. Participated in creating integrated modules under Oracle system “Project Information System” to maintain the project information and enhancing the project status reports. Led a finance team to provide all the financial documents and reports of ITS Company (acquiree) entailed to complete successfully acquisition deal by Huawei Company (acquirer), my team had been awarded for outstanding performance in the acquisition deal. Created new methodology for booking working time sheet of around +1000 employees to accurately allocating their activities on the projects, which enhanced activity based costing process in the company. Developed the cost allocation for the development center cost based on the product life cycle to verify the efforts should be capitalized from others in coordination with the development section head which allowed the management to take the right decisions based on accurate allocation. Created a new approach to calculate the man-day rates to target the optimum utilization of resources to enhance their efficiency and productivity which resulted to decrease the overhead costs with 30% Show less
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Supervisor Senior Accountants
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Mar 2008 - Sep 2014
Reviewing the trial balance on monthly basis to ensure proper revenue recognition and recording of expenses in accordance with generally accepted accounting principles and in a manner consistent with overall corporate standards and IFRS. Controlling and reviewing the project’s cost allocation (Time sheet, Travel expenses and any other direct and indirect costs). Prepare, analyze and report project financial status reports with extensive analysis for actual VS budget projects profitability variances. Coordinate with the Project Manager(s) on monthly and quarterly basis to prepare updated estimated cost to complete the project to control and justify the projects overrun costs and projects make losses. Review monthly projects Cash inflow / outflows reports against projects budgeted cash flow plan. Review monthly projects revenue recognition based on relevant recognition criteria (percentage of completion and straight-line basis over the contract period). Controlling the day to day bank transactions and preparing the monthly bank reconciliations. Controlling and preparing Fixed Assets entries and related reports. Show less
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Easa Husain Alyousifi & Sons Co.
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Kuwait
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Computers and Electronics Manufacturing
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100 - 200 Employee
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Senior Staff Accountant
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Oct 2005 - Feb 2008
Reviewing Annual Budget Report, Quarterly Management Report Comparing actual performance with Budget Report. Preparing staff payments (Monthly Pay Roll, Leave Salary, Commissions, Bonus and Indemnity). Prepare Payments to Agents, Suppliers and Creditors. Posting payment vouchers and bank debit notes. Reviewing the monthly Trial Balance Report, Account Receivables, and Debit Ageing Analysis. Control and Review all accounts receivable related parties Account Reconciliations. Reviewing and controlling letter of credit which opened for our group and issue its commercial invoices. Posting all receipts vouchers and bank credit notes. Show less
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Education
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ESLSCA
Master of Business Administration (MBA), Finance and Financial Management Services -
Mansoura University
Bachelor’s Degree, Business/Commerce, General