Sharafeddein Ahmed Email & Phone Number

Riyadh, Sa

Saudi Arabia

Khartoum, Khartoum State, Sudan

• Established high levels of quality, accuracy, and cash collection process improvements; resulting in a 90% collection of total receivables.• Developed revenue recognition system and ensured reporting was aligned with the company’s accounting policy and IFRS standards.• Increased efficiency by 25% by upgrading accounting programs. Evolved systems from spreadsheets to Odoo Enterprise while automating processes.• Supervised and assisted the team of finance in financial forecasting, auditing and reporting.

Sudan

• Collaborated with cross-functional team to implement a new ERP system (SAP), resulting in a 20% increase in efficiency, effectiveness and accuracy in financial reporting.• Provided leadership to the business development team on financial planning, investments, budgets, feasibility studies and cash flow, which resulted in launching different types of successful global brands in Sudan such as Philips, Goodyear, Honilac and GPC.• Facilitated corporate cost saving initiatives by successfully restructuring financial operations and reducing staffing requirements by 10%.• Developed and implemented a financial forecasting model, resulting in variance being less than 10% to actual.• Negotiated and obtained a $20M Working Capital Financing Agreement, (new package with 1-year payback).

Khartoum, Sudan

• Increased billing efficiency by 20% by formulating and implementing new billing procedures and internal controls.• Partnered with finance teams to establishing budgeting, forecasting, pricing model and financial reporting system.• Worked closely with higher management to evaluate and resolve all finance related issues.• Reviewed financial reports and updated the team to improve timeliness and accuracy in monthly reporting.

Barbar, Sudan

• Collaborated with head of departments to create yearly and periodical budget and forecasts, and executed strategic initiatives to expand top-line performance.• Prepared monthly, quarterly and annual financial performance reports and consolidated financial statements.• Prepared biological assets costing sheets for work-in-progress, finished goods, and new products. Resolved month-end inventory reconciliation.• Responsible for variance analysis of actuals monthly to forecast and budget forecast for $50M of annual revenue.

Khartoum

• Joined company as a chief accountant.• Collaborated with cross-functional team to implement a new ERP system (ASCON), resulting in a 20% increase in efficiency, effectiveness and accuracy in financial reporting.• Led the preparation of the company's budget and report to management on variances from the established budget, and the reasons for those variances.• Managed execution of trade confirmation and cash flow settlement of up to $40M in value.

Yemen

• Reviewed Journal entries, cost accounting reports and bank accounts reconciliation.• Supervised the accounting staff in charge of Accounts Receivable (AR) and Accounts Payable (AP), ensuring timely and accurate processing.• Led and supervised the accounting team in preparing monthly financial statements, resulting in a 15% decrease in error rate.• Prepared VAT and TAX calculation and filing of tax returns, statistical reports and providing to tax authorities according to deadline, as well as manage tax payments/refunds.

Yemen

• Designed charts of accounts to our clients.• Trained on the implementation of the IAS accounting standards (including revenue recognition and lease accounting).• Performed financial statements auditing and maintained oversight for internal control services.• Examined companies accounts and financial information.

Yemen

• Prepared bank accounts reconciliation.• Reviewed petty cash transaction.• Recorded general ledger transactions.• Analyzed customers revenues and costs.

Bachelor'S Degree, Accounting, 3.75

Bachelor, Accounting, Good