— ERP Architect & Financial Compliance Infrastructure
Building the financial infrastructure
U.S. SMEs need.
Senior ERP developer with 13 years of production-proven enterprise systems experience across five countries. Developing open-source FASB ASU 2023-08 compliance infrastructure for U.S. small and medium-sized enterprises.
— Proposed Endeavor
Hybrid Financial Compliance Infrastructure
for SME ERP Systems
FASB Accounting Standards Update 2023-08, effective December 15, 2024, mandates fair-value accounting for digital assets. The vast majority of U.S. SMEs — representing 99.9% of American businesses — lack affordable, automated compliance solutions. This project delivers that infrastructure as free, open-source software.
01 — ERP Integration Layer
Payment API Integration
Modular middleware connecting enterprise ERP systems (Odoo, extensible to SAP and Oracle) to regulated digital payment processors and blockchain APIs — reducing typical six-figure custom development costs to zero.
02 — Compliance Engine
Automated FASB Accounting
Real-time exchange rate capture, automated journal entry generation, FASB ASU 2023-08 fair value remeasurement, unrealized gain/loss tracking, and IRS Form 8949-ready reporting — with zero manual intervention.
03 — Open-Source Distribution
Free Public Infrastructure
Released as publicly available, community-maintained infrastructure. Any U.S. SME in any industry or region can adopt it at no software cost — creating permanent, scalable national benefit.
— The Compliance Gap
Why This Infrastructure Is Needed Now
A Federal Accounting Standard With No Affordable SME Solution
The Financial Accounting Standards Board's ASU 2023-08 requires fair-value measurement and enhanced disclosure for digital assets — effective for fiscal years beginning after December 15, 2024. Major ERP platforms including SAP, Oracle NetSuite, Microsoft Dynamics, and Odoo lack native, SME-accessible compliance automation for these requirements.
34.8 Million U.S. SMEs Affected
Small and medium enterprises represent 99.9% of U.S. businesses, 45.9% of private employment, and 43.5% of GDP. Compliance automation at this scale has economy-wide impact.
$50,000–$200,000 Custom Implementation Cost
Current compliance solutions require prohibitive custom development investment — effectively excluding SMEs from the fastest-growing payment segment due to infrastructure gaps, not business need.
Production-Validated Solution
This is not a research concept. A live digital asset ERP integration with automated journal entries, fair value tracking, and audit trail generation is already operational — the proposed endeavor is its open-source formalization.
— Professional Background
13 Years of Production ERP Deployments
Bahey Wadea Zakary Hakim holds a Bachelor's degree in Computers and Information from Assiut University, Egypt — formally evaluated by World Education Services (WES) as equivalent to a U.S. Bachelor's degree.
Over 13 years of progressive post-baccalaureate professional experience — more than eight focused on ERP architecture and financial system integrations — he has led the design, deployment, and long-term maintenance of production-scale ERP environments across multiple industries and five countries.
His deployments are not proof-of-concept demonstrations. They are sustained operational systems serving active enterprise users, with the longest running continuously for over six years.
Independent validation is provided by Dr. Michael Keith Lavine, Ph.D. (former Research Assistant Professor, Johns Hopkins University; Adjunct Professor, Syracuse University) and Dr. Abdelrahman Hosny, Ph.D. (Computer Science, Brown University; Sr. Silicon Alliances Manager, Canonical).
2013
.NET Developer — E3050, Egypt
Egypt's first online retailer. Database architecture, DAL/BLL development, legacy system integration.
2014 – 2018
Software & Network Engineer — DAR MAC Group
Multi-entity enterprise deployments across Egypt and Kuwait. Real estate, construction, automotive sectors.
2018 – Present
ERP Developer — Maddah Home, Kuwait
Retail ERP with DHL API logistics integration. 6+ years continuous production stability.
2020 – Present
ERP Solutions Architect — JDI Company
Multi-national retail and wholesale. 5 countries, 80+ users, multi-currency compliance.
2021 – Present
ERP Automation Lead — Farah Home, Kuwait
Manufacturing cost automation, BOM-level costing, real-time profitability analytics.
2023 – Present
Senior ERP Developer — Fouz Expos, Kuwait
Digital contracting, deferred revenue automation, audit-ready compliance workflows.
— Technical Expertise
Core Competencies
ERP Architecture
Custom Odoo module development, multi-company configuration, scalable database modeling, high-availability production deployments.
Financial Automation
Automated journal entry generation, multi-currency accounting, cost accounting systems, deferred revenue recognition, IFRS/GAAP-aligned workflows.
Payment Integration
K-Net, MyFatoorah, Tap, Hesabe, Deema, Visa/Mastercard CyberSource, DHL logistics API, WhatsApp Business API, blockchain payment processors.
Compliance Systems
Multi-jurisdiction tax configuration, FASB ASU 2023-08 fair value accounting, IRS Form 8949 reporting, GDPR-aligned data controls, audit trail generation.
— Contact
Get in Touch
Available for consultation, collaboration, and inquiries
regarding ERP infrastructure and FASB compliance systems.