Ahmed Rashed

Head Accountant at Emirates Coast Contracting LLC
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Contact Information
us****@****om
(386) 825-5501
Location
Dubai, United Arab Emirates, AE
Languages
  • English -
  • Arabic -

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Experience

    • United Arab Emirates
    • Construction
    • 1 - 100 Employee
    • Head Accountant
      • Sep 2017 - Present

      I currently work for ECC as a Chief Accountant leading accounting functions. I prepare financial statements, review transactions, check balance sheets and ledgers, perform necessary reconciliations, plan financial objectives, recommend and implement solutions for accounting operations issues. Achievements : ▪ Revamped the accounting system to help increase efficiency in handling accounting controls ▪ Recommended digital distribution agreements which decreased processing time by 50% ▪ Implemented corrective measures for ensuring that minor accounting discrepancies do not transpire Show less

    • Head Accountant
      • Jun 2013 - Aug 2017

      Responsibilities : ▪ Establish and implement accounting policies that govern budgeting for all departments. ▪ Increasing productivity at no added cost. ▪ Oversee implementation and compliance with accounting protocol for all departments. ▪ Recruit and train accounting staff. ▪ Oversee daily operations of the accounting department. ▪ Perform full set of accounts and ensure timely closing of accounts. ▪ Perform project cost forecasts / budgets, cost tracking, monitoring and controls. ▪ Coordinated year-end review with bank auditors and independent accountants. ▪ Responsible for timely monthly consolidated financial statements and cash flow management reporting. ▪ Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis Show less

    • United Arab Emirates
    • Investment Management
    • 1 - 100 Employee
    • Chief Accountant
      • Jan 2004 - May 2013

      Responsibilities : ▪ Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.. ▪ Prepare monthly Financial Statements ▪ Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, reconciling entries. ▪ Summarizes financial status by collecting information, preparing balance sheet, profit and loss, and other statements using accounting programs ( quick books & beech tree) ▪ Coordinated year-end review with bank auditors and independent accountants ▪ Oversee bank transfers and regulations. ▪ Produces payroll by initiating computer processing, printing cheques, verifying finished product. ▪ Completes external audit by analyzing and scheduling general ledger accounts, providing information for auditors. ▪ Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions, resolving discrepancies ▪ Secures financial information by completing database backups. ▪ Supervise in the accounting department ▪ Coordinate with all of our facilities for timely accounting and management reports. ▪ Provide General Ledger reconciliation. ▪ Create cash flow and cash management reporting ▪ Review, writing and implementation of company Policies and procedures. ▪ Review and implementation of cost control ▪ Prepare facilities budgets. ▪ Coordinate and Assist outside Accounting firm with yearly Audit Show less

    • Canada
    • Insurance
    • 100 - 200 Employee
    • Accounting Manager
      • Jan 2003 - Dec 2003

      Responsibilities ▪ Preparing annual reinsurance budgets for consolidation and produce quarterly forecasts, measuring performance against plan. ▪ Monthly reconciliation and review of reinsurance control accounts and identify potential transaction errors. Ensuring continuous compliance with statutory requirements, meeting external reporting deadlines. ▪ Ensuring processes are critically reviewed on a regular basis and improved for operational effectiveness. Liaising with Actuarial and Underwriting to provide sufficient information and support to enable effective renewal of reinsurance contracts Show less

    • General Accountant
      • 1993 - 2003

Education

  • Tanta University
    Bachelor of Commerce - BCom, Accounting and Finance

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