MS Office
MAHMOUD ALI ABDELSALAM
Accountant
Doha
Summary
A resourceful professional with 10 years of comprehensive experience in accounting, taxation and financial analysis. Adept at cost management, project costing, inventory control & accounting and audit. Capable of interpreting complex financial data to support management decision-making. Seeking a challenging managerial assignment with a progressive organization to effectively deploy professional expertise and competencies in the field of accounting and financial management.
Overview
17
17
years of professional experience
7
7
Certifications
2
2
Languages
Work History
ACCOUNTANT
ALFADHALA BUILDING & ELECTRICAL CONSTRUCTION ESTABLISHMENTS
02.2012 - Current
- In-charge of the accounting function for company branches at Bahrain and Qatar
- Coordinate on-site activities with technical and managerial personnel, labor and freelance / independent consultants; communicate project progress status to the senior management through operational and financial reports
- Evaluate project finance options, assist in securing funding, and oversee phase-wise release of capital based on project completion status
- Key Responsibilities:
- Accounting Responsible for the accounting function, maintenance of books of accounts, enter and verify transactions in the journal, post ledger entries and ensure timely closure of books of accounts
- Prepare final accounts, trial balance, pass rectification and adjustment entries after general ledger reconciliation and examine the accuracy and completeness of all accounting information
- Ensure timely preparation of financial statements, profit & loss account and balance sheet to present for management review and for declaration and presentation of half-yearly and annual financial reports
- Monitor accounts receivable, verify invoices generated and formally communicate with customers to expedite payment of dues; study the cash conversion cycle, credit period allowed by suppliers and balance cash inflow-outflow to maintain required liquidity
- Reconcile bank and cash and prepare monthly bank reconciliation statements
- Exercise effective accounting control, monitor adherence to accounting standards (GAAP), and comply with statutory audit
- Financial Management Prepare the annual operating budget, review function-wise / activity-wise fund allocations, communicate budgetary requirements to various departments and monitor compliance
- Assist the senior teams in the accounting & finance department in the preparation of budgets for ongoing projects, conduct expenditure analysis, assess working capital requirements, confirm appropriate distribution of funds and calculate cost of labor, raw material, and capital equipment.
- Documented cash, credit, fixed assets, accrued expenses and line of credit transactions
- Set up and improved accounting systems and processes to meet business needs and maximize operational success
- Tracked financial progress by creating quarterly and yearly balance sheets
DATABASE SPECIALIST
BOOZ ALLEN HAMILTON AND VSE
11.2006 - 02.2012
- Prepare monthly cash flow and fund flow statements, analyze cash and bank position and maintain petty cash separately for projects and office administration expenses
- Present monthly financial statements that include income statement, statement of financial position and AR & AP statements
- Fixed Assets Accounting Maintain the fixed assets register, calculate depreciation on fixed assets, create a depreciation fund to finance new equipment purchase and recommend sale / replacement option to the management
- Evaluate the capital expenditure of ongoing projects and fixed assets assigned for use for specific projects; apportion expenses to specific tasks and ensure closure of accounts on completion of projects
- Inventory Control Handle inventory management activities, evaluate stock movements, monitor reorder levels and replenish stocks; liaise with existing vendors/suppliers to ensure compliance with contractual obligations
- Source new vendors; provide ratings based on delivery terms, quality and prices and recommend change in supplier contracts accordingly
- Assist the purchase department in the procurement function, gather purchase requisitions, verify purchase orders, place orders with approved vendors and facilitate receipt of material / equipment
- Administration Maintain and update the internal database to support operations, update systems to reflect policy changes, cost codes and enter new customer information and new vendor details
- In-charge of payroll management, prepare salary sheets, generate salary slips, transfer payments to employee accounts and disburse wages to labor taking into consideration incentives payable and overtime compensation
- Update payroll records in the internal system; enter details of new hires, labor along with pay scale and employee grade information
- Calculate taxes, prepare tax reports and file corporate tax returns
- Track projects to ensure payments are released in time and receipts are recorded under the appropriate accounting heads
- Achievements: Seconded to coordinate with the Egyptian Naval Forces
- Maintained excellent professional relations with customers, sellers and vendors, facilitated activities through prompt coordination and effective formal communication
- Key Responsibilities: Monitored consignments received for shipping, scrutinized shipping specifications, verified details of shipment as per the packing list provided, communicated deviations detected and forwarded shipments to the cargo-holding area
- Responsible for shipping of goods, submitted completed packing lists and assisted in tracking shipments
- Labeled and tagged goods / items as per defined inventory count procedure, assigned product codes and categorized items based on price and type; allocated appropriate storage spaces to all items of inventory in the warehouse based on demand for stocks
- Evaluated warehousing arrangements for shipments, area utilization norms, completed counting process, entered details in the internal database and ensured safety of goods stored to eliminate theft and reduced damage
- Managed receipt of critical spare parts of ships and consumables, recorded incoming consignments, supervised storage, and issued material to various departments
- Prepared and presented reports on inventory movement, methods of material issue, recorded shortages, damages and surpluses and ensured accurate accounting treatment for unusual occurrences
- Tracked inventory movements, raised requisition to replenish stocks, assessed requirements of manufacturing department and obtained inventories according to replenishment plan; suggested modifications in procurement plan
- Prepared operational reports for senior management review and recommendation on performance with a view to facilitate decision-making
- Reviewed inventory documents, verified product codes, processed shipping orders and ensured adherence to industry best customer service standards
- Provided customers with shipment information and explained safety instructions for product use.
Accountant
Qenway for Heavy Trucks
Alexandria
01.2011 - 11.2011
- Gathered financial information, prepared documents and closed books.
- Handled day-to-day accounting processes to drive financial accuracy.
Elsharf for Ceramic & Accessories Bathrooms
Alexandria
08.2006 - 11.2006
- Tasks handled: Inventory Control, Stores Coordination, and Statutory Audit
- Exceeded goals through effective task prioritization and great work ethic
- Worked with customers to understand needs and provide excellent service
- Managed inventory team to achieve optimal productivity and inventory control
Education
Bachelor’s - Accounting
Alexandria University
Skills
Accounting Procedures, Financial Analysis, Financial Statement Preparationundefined
Certification
Trainings and Workshops
Software
Peachtree
Quickbooks
Oracle ERP
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
The real test is not whether you avoid this failure, because you won’t. It’s whether you let it harden or shame you into inaction, or whether you learn from it; whether you choose to persevere.
Barack Obama
Timeline
ACCOUNTANT
ALFADHALA BUILDING & ELECTRICAL CONSTRUCTION ESTABLISHMENTS
02.2012 - Current
Accountant
Qenway for Heavy Trucks
01.2011 - 11.2011
DATABASE SPECIALIST
BOOZ ALLEN HAMILTON AND VSE
11.2006 - 02.2012
Elsharf for Ceramic & Accessories Bathrooms
08.2006 - 11.2006
Bachelor’s - Accounting
Alexandria University
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