Ahmed Mohamed Hafez
Financial Accountant
Doha,,DA
Summary
General Accountant with extensive experience at Dakahlia Sugar Manufacturing, excelling in financial reporting and cash flow management. Proven track record in enhancing accuracy through internal controls and optimizing processes, resulting in reduced month-end closing times. Skilled in GAAP compliance and fostering collaboration across teams to drive cost-saving initiatives.
Experienced with general accounting and financial reporting, possessing strong analytical skills. Utilizes technical knowledge to ensure accuracy in financial statements and compliance with regulations. Knowledge of accounting software and financial analysis, ensuring efficient and effective financial management.
Professional accountant with experience in financial reporting, possessing strong focus on team collaboration and achieving results. Adept at managing financial statements, ensuring compliance with accounting standards, and providing accurate financial analysis. Known for reliability and adaptability to changing needs, with skills in general ledger management, reconciliations, and financial forecasting. Highly valued for analytical thinking, problem-solving, and effective communication within team settings.
Overview
7
7
years of professional experience
2
2
Languages
Work History
General Accountant, Financial Reporting
Dakahlia Sugar Manufacturing and Refining Company
01.2020 - 12.2025
- Head of Operations and Banking Department
- Opening and monitoring letters of credit and import transactions with banks and suppliers from abroad
- Monitoring the company's accounts in local and foreign banks, tracking deposits and overdrafts, executing credit facility agreements, and negotiating their rates and the rates of short-term and long-term deposits and foreign currencies.
- Tracking tax files and monitoring tax files of all types.
- Enhanced financial reporting accuracy by streamlining accounting processes and implementing internal controls.
- Contributed to cost reduction initiatives by identifying opportunities for process improvements within the accounting function.
- Improved financial statement presentation through consistent review and update of accounting policies in compliance with GAAP requirements.
- Assisted with tax filings preparation by gathering necessary information from various sources and ensuring proper documentation.
- Reduced month-end closing timeframes by optimizing reconciliation procedures and automating data entry tasks.
- Streamlined intercompany transactions, ensuring timely recording and eliminating errors due to miscommunication between departments.
- Maintained professional development through industry seminars and workshops, staying abreast of current accounting trends and best practices.
- Increased department efficiency with the implementation of new accounting software, resulting in reduced manual workload.
- Participated in system implementations and upgrades, ensuring seamless transition with minimal disruption to daily operations.
- Assisted in strategic planning by providing insightful financial analysis and recommendations based on historical trends.
- Strengthened cash flow management by conducting regular analysis of accounts receivable and payable balances.
- Maintained accurate general ledger accounts through regular reconciliations, resolving discrepancies promptly.
- Tracked funds, prepared deposits and reconciled accounts.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Trained new employees on accounting principles and company procedures.
- Cooperated with senior leaders to create operating budgets and initiate financial planning.
- Found tax solutions to complicated tax issues or errors from incorrect tax filings.
- Identified legal tax savings and recommended ways to improve profits.
- Collaborated with accounting manager to comply with governing bodies and limit regulatory risks.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
Auditor
FIA CHARTERED ACCOUNTANTS
11.2018 - 01.2019
- Analyzed data and findings to prepare reports detailing financial information.
- Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
- Performed observations and evaluated supporting documents to supplement audit findings.
- Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.
- Verified accuracy, compliance and completeness of team auditing work.
- Trained junior auditors in best practices, improving overall team performance and skill sets.
- Conducted thorough reviews of financial statements, ensuring compliance with GAAP and other regulatory requirements.
- Built strong relationships with clients, fostering trust and open communication to facilitate accurate audits.
- Presented clear, concise audit findings reports to management, detailing observations and recommended corrective actions for identified issues.
Cost Controller
Shouman Company
02.2019 - 12.2019
- Enhanced communication between finance and operational teams, fostering a collaborative approach to cost control efforts.
- Improved cash flow management by closely tracking accounts payable/receivable activities and facilitating timely paymentscollections.
- Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
- Collaborated with various departments to identify opportunities for cost reduction and process improvement.
- Prepared monthly financial reports, highlighting key variances between actuals versus budgets or forecasts to assist in corrective actions where necessary.
- Supported project teams by providing valuable financial insights and recommendations for improved performance.
- Managed financial data with precision to ensure accurate reporting and informed decisionmaking.
- Liaised with suppliers/vendors to resolve any invoicing disputes or discrepancies promptly.
- Analyzed cost trends, leading to timely identification of potential issues and proactive solutions.
- Evaluated vendor contracts, identifying areas for negotiation or alternative procurement methods to reduce expenses.
- Optimized budget allocation for increased efficiency and reduced waste in multiple projects.
- Reduced project costs by streamlining processes and implementing cost-saving measures.
Education
Bachelor of C Ommerce - Accounting And Finance
Mansoura University
Egypt 04.2001 -
Skills
Microsoft Excel expertise
Bank reconciliation
Accounts receivable management
GAAP
Audit support
General ledger management
ERP system proficiency
Cash flow management
Payroll processing
Tax compliance
Internal controls
Expense tracking
Fixed asset accounting
Cost accounting
Consolidation accounting
Variance analysis
Intercompany transactions
Project accounting
Revenue recognition
Accounts payable management
Financial statement preparation
Funds management
Tax return filing
Timeline
General Accountant, Financial Reporting
Dakahlia Sugar Manufacturing and Refining Company
01.2020 - 12.2025
Cost Controller
Shouman Company
02.2019 - 12.2019
Auditor
FIA CHARTERED ACCOUNTANTS
11.2018 - 01.2019
Bachelor of C Ommerce - Accounting And Finance
Mansoura University
04.2001 -