Abdalla Selmi Email and Phone Number
I am a Chief Accountant at Lelyaas Investment Group, a property management company that offers high-quality services to its clients. As a seasoned Financial specialized with over 17 years of experience and I hold multiple credentials, including CMA, IFRS, and FMVA, that demonstrate my proficiency and knowledge in various aspects of financial management. , I have developed a keen expertise in financial analysis, strategic planning, and fiscal management. My background in both accounting and finance has equipped me with a robust skill set that bridges the gap between detailed financial oversight and strategic business growth.I excel in optimizing financial performance and enhancing profitability through the implementation of comprehensive budgeting processes and cost-reduction strategies. My approach is always forward-looking, focusing on sustainable growth and risk management. I take pride in my ability to forecast financial trends and advise on investment opportunities that align with corporate objectives.In my current role, I have successfully led financial operations that resulted in a 30% increase in operational efficiency and a significant reduction in costs. I am deeply involved in financial modeling and scenario analysis, ensuring that my team and I provide accurate and actionable insights for decision-making.I am committed to professional development and actively seek out industry conferences and certifications to stay ahead of the curve. I enjoy mentoring up-and-coming finance professionals and am dedicated to building teams that are as diverse in thought as they are in background, fostering an environment of innovation and excellence in the finance sector.
Inventechs Technology
View- Website:
- inventechs.ae
- Employees:
- 11
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Director Of FinanceInventechs TechnologyDubai, United Arab Emirates -
Finance ManagerLelyaas Investment Group Oct 2022 - PresentDubai, United Arab Emirates- Responsible for the preparation and analysis of financial reports, budgets, forecasts, reforecasts, and variance analysis- Responsible for the preparation of quarterly VAT returns- Coordinate strategic financial planning for the company and its clients, including expenses, income, insurance coverage, objectives, tax status, and risk tolerance- Support finance partners in implementing valuation models, measuring results, tracking performance vs. expectations, and providing recommendations for corrective action- Responsible for the preparation and compilation of monthly financial statements and financial forecasts, including reporting variances in a timely manner- Responsible for preparing weekly, monthly, and annual cash flow forecasts and actuals- Review and reconcile Accounts Receivable, Accounts Payable, and general ledger accounts.- Management Information Systems (MIS) Reports, Generate and analyze MIS reports to provide insights for decision-making- Ensure quality control over financial transactions and financial reporting.- Liaise with internal and external auditors to manage annual and interim audit processes- Manage the financial planning process, including annual budgets and long-term financial projections- Month end Closing Reports and reconciliations- Financial analysis and internal control activities- Comply with national and local financial regulations- Manage teams in UAE and in India, Oversee the financial operations and reporting of the organization
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Chief AccountantTiba General Trading And Agencies Apr 2020 - May 2022EgyptKey Responsibilities- Preparing financial reports.- Managing accounts payable and receivable.- Reviewing accounting files, performing monthly closings, and preparing/organizing various reports, financial analyses.- Preparing Payroll statements- Participate in preparation of annual budget.- Ensure monthly inventory is completed- Provide and interpret financial information- Cash flows management and predict future trends.- Formulate strategic and long-term business plans- Conduct reviews and evaluations for cost-reduction opportunities.- Manage financial accounting, monitoring and reporting systems- Produce accurate financial reports to specific deadlines- Month end Closing Reports and reconciliations- Financial analysis and internal control activities- Comply with national and local financial regulations
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Senior AccountantGolden Arms Elect & Sanitary Contracting Feb 2014 - Dec 2019United Arab EmiratesKey Responsibilities- Financial specialist who reviews Project budgets, investigates variances, approves expenses, and ensures that billings are issued to clients and payments collected.- Managing the general ledger, bank reconciliations, and job costs.- Reviewing accounting files, performing monthly closings, and preparing/organizing various reports, financial analyses.- Issuing invoices and purchase orders, as well as paying consultants, vendors, subcontractors, and supplier bills- Prepare, review, and analyse financial statements to ensure accuracy and completeness.- Prepare, review the Vat declaration and submit to vat department- Bank Reconciliation
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Senior AccountantNaeem Ayoub Trading Co L.L.C Dec 2008 - Dec 2013United Arab EmiratesKey Responsibilities- Managing daily accounting activities.- Managing general ledger accounts.- Preparing financial statements and tax returns.- Collecting and verifying financial information.- Managing accounts payable and receivable.- Updating financial records via accounting software- Bank reconciliations- Follow up of fixed assets Prepaid Expenses.- Preparing all financial and accounting reports.- Prepare/ maintain chart of accounts based on company requirements. - Oversee and manage the general accounting functions, including: accounts payable, accounts receivable, general ledger.- Financial analysis and internal control activities
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Junior AccountantTiba General Trading And Agencies Apr 2006 - Oct 2008Egypt• Maintaining accounts receivable, document bills and supporting documentation.• Maintaining accounts payable ensure timely payment of invoices.• Updating financial records via accounting software.• Preparing payroll expenses and input into appropriate entry line. • Maintaining general leger by posting all receivable/payable financial transactions by entering account information on our company accounting sheets.• Issuing and collecting payments on behalf of the company with suppliers and clients.• Preparing financial documents for our management and auditors by collecting information; preparing legers, profit and loss statements.• Dealing with banks on a daily basis to ensure all banking requirements are completed including deposits, document requests, staff bank account applications
Abdalla Selmi Education Details
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Good -
Ima | Institute Of Management Accountants
Frequently Asked Questions about Abdalla Selmi
What company does Abdalla Selmi work for?
Abdalla Selmi works for Inventechs Technology
What is Abdalla Selmi's role at the current company?
Abdalla Selmi's current role is Director of Finance.
What schools did Abdalla Selmi attend?
Abdalla Selmi attended Acca, Zagazig University, Corporate Finance Institute® (Cfi), Ima | Institute Of Management Accountants.
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