Ahmed Bahaa Eldeen Megahed

Managed daily cash balances exceeding 3.5 million, optimizing liquidity and reducing idle cash.

Improved cash flow accuracy through daily transaction reviews and reconciliation processes.

Collaborated closely with team members to achieve project objectives and meet deadlines.

Coordinated with external auditors during annual audits of the company's financial statements.

Provided assistance in preparing documents for tax filings relating to treasury matters.

• Oversees reports regarding cash flow; ensures correct payments are made in a timely manner
• Develops guidelines for proper handling and coding of invoices to maintain general ledger expense account and inventory records
• Analyzes expense reports and other invoices for accuracy and eligibility for payment
• Verifies payments before controllers signature is added by reviewing checks and vouchers
• Reconciles accounts payable total and general ledger with other applicable records (e.g., subsidiary vendors ledger)
• Facilitates correct and timely preparation of budget reports and purchase journals
• Ensures proper recordkeeping of purchases for use in tax preparation and periodic audits
• Ensures employer identification numbers or social security numbers have been collected from all vendors for the payables clerk to prepare and submit
• Ensures proper maintenance, filing, and storage of records in case of audits
• Performs other related duties as assigned
• Managed month-end and year-end close duties, administered additions and performed maintenance and reporting of corporate fixed assets.
• Worked closely with senior management team on various projects related to finance and accounting initiatives.
• Managed relationships with tax authorities, bankers and auditors.
• Created detailed reports on variances between actual results versus budgets and forecasts.
• Managed daily closing, reporting and reconciliation functions.
• Analyzed files and accounts for discrepancies and resolved variances.
• Reviewed and reconciled discrepancies in accounts and financial documentation.
• Completed day-to-day duties accurately and efficiently.
• Analyzed invoice and expense reports, identified variances and researched issues to correct problems and maintain financial compliance.
• Performed month-end close activities such as journal entries and account reconciliations.