Walid Alsayed Email & Phone Number

Years of Experience:• Over 20 years of experience in financial management, accounting, and auditing.Industry Expertise:• Extensive experience in the finance and accounting sector, with a focus on corporate finance, public accounting, and financial consulting.• Worked in diverse industries including manufacturing, retail, technology, and healthcare.Key Skills:• Financial Analysis & Reporting: Expertise in analyzing financial statements, creating detailed financial reports, and presenting findings to senior management.• Budgeting & Forecasting: Skilled in developing comprehensive budgets and financial forecasts, ensuring alignment with organizational goals.• Tax Planning & Compliance: In-depth knowledge of tax laws and regulations, proficient in tax planning and ensuring compliance.• Audit Management: Experience in leading internal and external audits, identifying areas of improvement, and implementing corrective actions.• Team Leadership: Proven track record of leading and mentoring accounting teams, fostering a collaborative and productive work environment.• Software Proficiency: Proficient in accounting software such as QuickBooks, SAP, Oracle Financials, and advanced Excel.• Accounts Payable/Receivable Management: Proficient in managing all aspects of accounts payable and receivable, ensuring timely payments and collections.• Reconciliation: Expertise in reconciling bank statements, credit card accounts, and resolving discrepancies.• Compliance & Auditing: Ensuring compliance with accounting principles and assisting in internal and external audits.Achievements:• Cost Reduction: Successfully implemented cost-saving initiatives that resulted in a 15% reduction in operating expenses over two years.• Financial Reporting: Improved the accuracy and timeliness of financial reporting, reducing the closing period from 15 to 7 days.• System Implementation: Led the successful implementation of a new ERP system, enhancing financial reporting and operational efficiency.• Audit Excellence: Achieved a 98% compliance rate in internal audits, earning commendations from senior leadership.• Revenue Growth: Played a key role in financial planning that contributed to a 20% increase in annual revenue.• Process Improvement: Streamlined the invoicing process, reducing errors by 30% and speeding up the payment cycle.• Cost Savings: Identified and implemented cost-saving measures that resulted in a 10% reduction in departmental expenses.• Accuracy: Maintained a 99% accuracy rate in financial reporting and reconciliation over three years.

• Accounting Administrator

  Zoman Mohammed Al Hajri & Partners Contracting Company

  2005 - 2011

  Supervising the process of issuing checks, for all the provided services and for all suppliers.Responsible for preparing month-end Bank reconciliation schedules and reports for management review.Monitored status of loans and accounts to ensure that payments are up to date.Manages and coordinates activities required to ensure an accurate and efficient Bank Accounting system.Participated in general ledger functions including account analysis and reconciliation, accruals, and closing processes.Oversaw payroll, including calculation of weekly hours for each employee, and review calculation of income tax.Responsible for handling all cash transactions (Receipts & Payments).Complies and analyzes financial information detailing assets, liabilities and capital to prepare entries and financial statements to accounts such as, general ledger accounts, documenting business transactions.Compared computer printouts to manually maintained journals in order to determine if they matched.Handling all transactions related to foreign suppliers (including monthly schedule of transformations and settlements with companies).Review, sort and match invoices and check requests.Prepare and process accounts payable checks and wire transfers follow up. Reconciliation of payments and prepare analysis of accounts.Follow up, collection and allocation of payments.Produce monthly reports and assist in monthly closings.