Accounting Manager
Damac Properties, Egypt - North Africa Regional Office
Total years of experience :24 years, 10 Months
•Manage and supervise daily operation of accounts payable, accounts receivable, business license, cash receipts, general ledger, payroll and utilities transactions
•Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
•Ensure an accurate and timely monthly, quarterly and year end close.
•Ensure the timely reporting of all monthly financial information.
•Assist the Controller in the daily banking requirements.
•Ensure the accurate and timely processing of positive pay transactions.
•Ensure the monthly and quarterly Bank Compliance activities are performed in a timely and accurate manner.
•Supports budget and forecasting activities.
•Collaborates with the other finance department managers to support overall department goals and objectives.
•Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
•Advises staff regarding the handling of non-routine reporting transactions.
•Responds to inquiries from the Director of Finance, Controller, and other finance and firm wide managers regarding financial results, special reporting requests and the like.
•Work with the Controller to ensure a clean and timely year end audit. Supervise the general ledger group to ensure all financial reporting deadlines are met.
•Assist in development and implementation of new procedures and features to enhance the workflow of the department.
•training to new and existing staff as needed.
•Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
•Work with each direct report to establish goals and objectives for each year and monitor on the progress to enhance the professional development of staff.
•Support Controller with special projects and workflow process improvements
•Working on ORACLE program.
• Managing the A/R processing cycle "CHQs clearing, applying, invoices generating"
• Develop the financial and operational reports to meet the management requirements.
• Providing the required support to the sales team to handle the local and international sales.
• Preparing the receivables aging report.
• Reviewing the customers account's reconciliations.
• Coordinating with the Credit Control team to handle the outstanding issues related to the overdue balances.
• Take the necessary actions to solve the customers "financial" issues.
• Maintain Rejected Cheques Register up to date for the usage of the credit control.
• Monitoring the collections flows and prepares the collection report on daily basis for treasury purpose.
• Preparing the monthly bank reconciliation for the collection accounts.
• Preparing the monthly reconciliation for the postdated cheques accounts.
• Preparing the monthly reconciliation for the under collection accounts
• Handle the intercompany transactions and confirm the balances with the related parties of the firm.
• Coordinating with the auditors in preparation of schedules, supporting documents and all relevant analysis related to the accounts.
• Working on ORACLE program.
• Receive and check invoices and prepare payment sheets.
• Receive and record incoming registration forms.
• Send out and follow up the confirmations and the cancellations for each unit.
• Follow up the payment of the units.
• Registering and recording the transactions.
• Defining the routing plan for each unit under the area sales manager's supervision.
• Producing balances and relevant reports.
• Submit daily and monthly reports concerning day to day activities.
• Following up & controlling revenue and coast of all Transportation fleet (45 units) for all branches by Issuing excel sheets monthly.
• Preparing transportation budget that we expect to achieve for every vehicle of fleet.
• Issuing the invoices for all customers and Following the Calculating.
• Responsible of all transportation receivable (Balancing Customers accounts)
• Working on transportation program (SAMS). Also Working on Transportation Operations Activities and All rout rates, Vehicle information and allocations information, Vehicle maintenance & repair, Car rent Contracts.
• Maintain company accounts including input of Transaction & balancing of all bank accounts.
• Cash floats & receipts producing monthly reports and Calculating salaries.
• Working on financial program & handling reports of Customers and accounts.
• Balancing of all bank accounts.
• Following notes receivable
• Responsible of bank reconciliation.
• Carried out deals with different customers.
• Creating daily reports
• Find co-operation with other departments.
• Reporting directly to the managing director.