Ahmad Mahmoud Asaad
Chief Accountant
Profile summary
I seek challenging opportunities where I can fully use my skills for the success of the organization.
Career highlights
Purchasing Manager: 1. Cost Reduction Accomplishment: Drove down procurement costs by 18% year-over-year through strategic negotiations with 3 key suppliers, while successfully maintaining quality standards. 2. Improving Supply Chain Efficiency Accomplishment: Developed and implemented a streamlined inventory and purchasing management system, resulting in a 50% reduction in stock-out incidents and significantly improving the accuracy and control of all purchase orders. 3. Supplier Diversification Accomplishment: Successfully identified and secured 2 new high-quality alternative supply sources for fresh products, reducing vendor reliance and effectively mitigating the risk of supply chain disruption (risk of interruption).
Chief Accountant: 1. Enhancing Financial Reporting Accomplishment: Accurately prepared and reviewed monthly and quarterly financial statements, resulting in a 20% reduction in the account closing time and enhancing timely managerial decision-making. 2. Tax Management & Compliance Accomplishment: Ensured full compliance with Income Tax, VAT, and Corporate Tax requirements by implementing new accounting procedures, leading to the avoidance of Corporate Tax and VAT non-compliance penalties and generating annual savings. 3. System Implementation (ERP) Accomplishment: Successfully managed the transition and implementation of Manager, Zoho, and an Enterprise Resource Planning (ERP) system, which boosted data entry efficiency by 35% and provided real-time financial visibility to management.