Ahmed Shalaby

Financial Controller with experience in taking charge of all financial management tasks, such as corporate accounting, financial reporting and regulations, budgeting and forecasting, and implementing internal control policies and procedures. • Preparing financial position forecasts and cash flow forecasts to support immediate and future funding needs. • Implemented inventory control procedures resulting in a 20% reduction in excess stock levels and a 15% increase in inventory turnover rate, optimizing cash flow and reducing carrying costs. • Examined, assessed, and authenticated reports with detailed analysis of variances, highlighting areas for improvement, and driving strategic financial decisions that led to a 10% boost in profitability. • Prepared all financial reports, including Profit and Loss Statements, Balance Sheets, and Statements of Cash Flows, as well as the year-end financial reports. • Identified variances between actual and budgeted financial results at the end of each reporting period. • Inspect the purchase orders to ensure alignment with budget constraints, implementing a simplified approval process that reduced errors by 40% and refined spending efficiency by 15%.

With Eight years of Work Experience in the field of Accounts and Finance. Easily adaptable to any environment, able to work under pressure producing the required results. Have excellent planning, analytical, and problem-solving skills. Aware of accepted accounting principles. • Handle the full spectrum of financial and cost accounting (e.g.: AR, AP, GL, Forecasting, budgeting, etc.) • Responsible for day-to-day finance and accounts operations • Developed project cost forecasts and budgets, overseeing cost tracking and monitoring activities to ensure projects stayed within budget; identified and implemented cost-saving initiatives that resulted in a 20% reduction in project expenses. • Responsible for timely monthly financial statements, payments, and cash flow management reporting • Reviewing of bank reconciliation statements & monitoring the daily bank transactions. • Perform cash flow forecasting, budgeting, and working closely with the operations and project teams in analyzing. margins, variances, and cost analysis • Issue project cost reports for review and approval • Develop and maintain internal control and effective accounting systems and policies for the setup • Work consultatively with the respective department on cost-reduction initiatives • Review and submit the VAT/WTH declarations to GAZAT • Deliberated external audit preparations and ensured timely submission of required information; evolved the audit timelines and accuracy, fostering a 30% reduction in audit-related discrepancies.

3 years of progressive experience as a Senior Accountant, providing management with financial information through research, analyzing accounts, and preparing financial statements. Expertise in all areas of full cycle accounting, strong payroll background, Reconciliation, Monthly taxes, budgeting and audit preparation. • Verify, allocate, post, and reconcile accounts payable and receivable • Produce error-free accounting reports and present their results • Analyse financial information and summarize financial status • Spot errors and suggest ways to improve efficiency and spending • Provide technical support and advice on management • Review and recommend modifications to accounting systems and procedures • Manage accounting assistants and bookkeepers • Support month-end and year-end close process • Liaise with Financial Manager and CFO to improve financial procedures

Responsible for the accounting of the Rent-A-Car Branch in Jeddah. • Keep documentation of all internal transactions • Makes and documents the company’s payments • Makes the monthly prepaid expenses and accruals