Shady Saied

Senior Accountant

Egypt Cable • Vollzeit

Oct 2022 - Present • 3 yrs 11 mos

Key Responsibilities • Manage the complete accounting cycle of import Letters of Credit (LCs), from LC opening through shipment arrival and final costing. • Review import documentation and ensure accurate recording of foreign procurement transactions. • Calculate the landed cost of imported raw materials, spare parts, and fixed assets, ensuring that all directly attributable costs are accurately accumulated until fixed assets are ready for use and subsequently capitalized in accordance with company policies and accounting requirements. • Perform month-end closing activities, including account reconciliations and financial data verification. • Process accounting transactions using SAP ERP and ensure compliance with company policies and internal controls. • Participate in periodic inventory, cash, and cheque counts to support financial accuracy and internal control procedures. Key Achievements • Supported the Oracle ERP to SAP ERP transition by participating in parallel-run activities, transaction processing, financial reconciliations, and data validation. • Contributed to verifying migrated financial data to ensure accuracy and consistency between Oracle and SAP. • Assisted the finance team during the ERP transition period, supporting a smooth migration until SAP became the primary accounting system. • Contributed to ensuring accurate costing of imported raw materials, spare parts, and fixed assets, supporting the proper capitalization of assets once they were ready for use.

Senior Accountant

Nexus Shipping Agencies • Vollzeit

Jan 2019 - Oct 2022 • 3 yrs 9 mos

Key Responsibilities • Prepared financial reports and supported month-end closing activities. 2019 – 2022 •Managed VAT calculations and tax compliance requirements. • Prepared and submitted quarterly Withholding Tax reports through the Egyptian Tax Portal. • Performed bank, customer, supplier, and general ledger reconciliations. • Reviewed payroll calculations and prepared payroll journal entries. • Supported accounting system migration activities through financial data validation and chart of accounts verification. Key Achievements • Played a key role in implementing the Egyptian Electronic Invoicing System, including ETA registration, token activation, and invoice submission through the ETA Portal. • Participated in two accounting system migration projects: Excel to Al Motammem Accounting System and Al Motammem Accounting System to IST Forwarding ERP. • Contributed to validating migrated accounting data and verifying transaction accuracy during both ERP transitions. • Designed advanced Excel management reports and dashboards for shipment profitability, customer analysis, revenue, and gross profit reporting, supporting management decision-making.

Cost & Treasury Accountant

4PLogistics • Vollzeit

Dec 2015 - Dec 2018 • 3 yrs

Key Responsibilities • Prepared service costing and profitability analysis for logistics and shipping operations. 2016 – 2019 • Allocated indirect costs to shipments to ensure accurate cost reporting. • Managed supplier accounting and verified supplier invoices before processing. • Maintained treasury operations, including cash management, cheques, bank deposits, and bank transactions. • Reviewed sales invoices, Bills of Lading (B/Ls), freight invoices, and shipping documents to ensure accurate financial recording. • Managed customer and supplier advances and performed related reconciliations. • Prepared quarterly Withholding Tax (Form 41) reports and supported tax compliance requirements. • Participated in the preparation and review of Value Added Tax (VAT) reports. • Participated in month-end closing activities and account reconciliations. • Prepared and maintained payroll records and later reviewed payroll calculations before processing. Key Achievements • Participated with the Chief Accountant in developing and implementing a Microsoft Access-based accounting system to replace Excel, contributing to improved efficiency and standardization of accounting processes. • Supported data migration and validation activities during the transition from Excel based accounting records to the new accounting system. • Contributed to improving accounting workflows by helping automate routine accounting processes and reducing manual work. • Designed Excel templates to enhance payroll processing and improve reporting accuracy.