Financial Accounting Manager
Bavaria Egypt
Total years of experience :24 years, 7 Months
- Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
- Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization’s financial status.
- Manage organizational cash flow and forecasting.
- Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
- Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
- Effectively communicate and present the critical financial matters to the board of directors.
- Audit of the Financial Transaction Reports and price list in order to analyze market conditions.
- Coordinate with the external auditor to ensure financial control and the annual audit process.
- The application of the procedures of internal control systems.
- An analysis of the costs of the company's various operations and procedures and review and evaluate mechanisms to reduce costs.
- Participation in the formulation of long-term strategies and action plans and work on the development of financial management mechanisms that minimize financial risks.
- Monitoring and interpreting cash flows and predict the future and variables analysis and advice for the management of the company accordingly.
- A policy of credit and collection and work on the follow-up of accounts receivable and oversee the collection.
- Contribute to business growth through financial leadership and commercial operations support.
- Manage the company's various accounts and cash management
- Responsible of all tax accounts such as (Salaries, Withholding & Sales Tax) as well as fixed assets register & control (Assets & Accumulated Depreciation).
- Develop business plans, Assessing budget controls and headcount requirements.
- Creation of full accounting system using MS.office including (Chart of Accounts, Sub ledger, Accounts Transaction, Trading Tracking System, Customers Accounts, Suppliers Accounts, Inventories Tracking System, Fixed Assets Register
- Prepare monthly report to compare the actual with the budget of the company.
- Prepare the monthly income statement; comparing with the previous two months & analyze the results of the differences.
- Prepare the yearly budget of the company for all the activities of the company.
- Handle all the dealing with taxation.
- Manage & responsible all the work in the financial department.
- Follow all the auditing reports with the internal auditors.
- Manage & follow the daily payments & the banks situation, the clients & suppliers situation, the cash flow, the accounting program.
- Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
- Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization’s financial status.
- Manage organizational cash flow and forecasting.
- Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
- Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
- Effectively communicate and present the critical financial matters to the board of directors.
- Audit of the Financial Transaction Reports and price list in order to analyze market conditions.
- Coordinate with the external auditor to ensure financial control and the annual audit process.
- The application of the procedures of internal control systems.
- An analysis of the costs of the company's various operations and procedures and review and evaluate mechanisms to reduce costs.
- Participation in the formulation of long-term strategies and action plans and work on the development of financial management mechanisms that minimize financial risks.
- Monitoring and interpreting cash flows and predict the future and variables analysis and advice for the management of the company accordingly.
- A policy of credit and collection and work on the follow-up of accounts receivable and oversee the collection.
- Contribute to business growth through financial leadership and commercial operations support.
- Manage the company's various accounts and cash management
- Responsible of all tax accounts such as (Salaries, Withholding & Sales Tax) as well as fixed assets register & control (Assets & Accumulated Depreciation).
- Develop business plans, Assessing budget controls and headcount requirements.
- Creation of full accounting system using MS.office including (Chart of Accounts, Sub ledger, Accounts Transaction, Trading Tracking System, Customers Accounts, Suppliers Accounts, Inventories Tracking System, Fixed Assets Register
- Prepare monthly report to compare the actual with the budget of the company.
- Prepare the monthly income statement; comparing with the previous two months & analyze the results of the differences.
- Prepare the yearly budget of the company for all the activities of the company.
- Handle all the dealing with taxation.
- Manage & responsible all the work in the financial department.
- Follow all the auditing reports with the internal auditors.
- Manage & follow the daily payments & the banks situation, the clients & suppliers situation, the cash flow, the accounting program.
- Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements
- Coordinate and lead the annual audit process, liaise with external auditors and the finance committee of the board of directors; assess any changes necessary.
- Oversee and lead annual budgeting and planning process; administer and review all financial plans and budgets; monitor progress and changes; and keep senior leadership team abreast of the organization’s financial status.
- Manage organizational cash flow and forecasting.
- Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
- Update and implement all necessary business policies and accounting practices; improve the finance department’s overall policy and procedure manual.
- Effectively communicate and present the critical financial matters to the board of directors.
- Audit of the Financial Transaction Reports and price list in order to analyze market conditions.
- Coordinate with the external auditor to ensure financial control and the annual audit process.
- The application of the procedures of internal control systems.
- An analysis of the costs of the company's various operations and procedures and review and evaluate mechanisms to reduce costs.
- Participation in the formulation of long-term strategies and action plans and work on the development of financial management mechanisms that minimize financial risks.
- Monitoring and interpreting cash flows and predict the future and variables analysis and advice for the management of the company accordingly.
- A policy of credit and collection and work on the follow-up of accounts receivable and oversee the collection.
- Contribute to business growth through financial leadership and commercial operations support.
- Manage the company's various accounts and cash management
- Responsible of all tax accounts such as (Salaries, Withholding & Sales Tax) as well as fixed assets register & control (Assets & Accumulated Depreciation).
- Develop business plans, Assessing budget controls and headcount requirements.
- Creation of full accounting system using MS.office including (Chart of Accounts, Sub ledger, Accounts Transaction, Trading Tracking System, Customers Accounts, Suppliers Accounts, Inventories Tracking System, Fixed Assets Register
- Prepare monthly report to compare the actual with the budget of the company.
- Prepare the monthly income statement; comparing with the previous two months & analyze the results of the differences.
- Prepare the yearly budget of the company for all the activities of the company.
- Handle all the dealing with taxation.
- Manage & responsible all the work in the financial department.
- Follow all the auditing reports with the internal auditors.
- Manage & follow the daily payments & the banks situation, the clients & suppliers situation, the cash flow, the accounting program.
Duties & Responsibilities:
- Analyze and present financial reports in an accurate and timely manner; clearly communicate monthly and annual financial statements; collate financial reporting materials for all donor segments, and oversee all financial, project/program and grants accounting.
- Oversee and lead annual budgeting and planning process
- Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews; preparing and completing action plans.
- Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures.
- Manage organizational cash flow and forecasting.
- Implement a robust contracts management and financial management/ reporting system; ensure that the contract billing and collection schedule is adhered to and that financial data and cash flow are steady and support operational requirements.
- Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures.
- analyzing change and advise accordingly;
- formulating strategic and long-term business plans;
- researching and reporting on factors influencing business performance;
- analyzing competitors and market trends;
- developing financial management mechanisms that minimize financial risk;
- conducting reviews and evaluations for cost-reduction opportunities;
- managing a company's financial accounting, monitoring and reporting systems;
- liaising with auditors to ensure annual monitoring is carried out;
- developing external relationships with appropriate contacts e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue;
- arranging new sources of finance for a company's debt facilities;
- keeping abreast of changes in financial regulations and legislation
Duties & Responsibilities:
a. Supervise all routine financial accounting functions up to finalization of management, statutory reporting and intercompany accounting.
b. Review of key Company processes to enhance efficiency within a well-controlled environment.
c. Daily review of working capital utilization and cash flow management, continuous monitoring of customers’ credit worthiness.
d. researching and reporting on factors influencing business performance;
e. conducting reviews and evaluations for cost-reduction opportunities;
f. managing a company's financial accounting, monitoring and reporting systems;
g. liaising with auditors to ensure annual monitoring is carried out;
h. developing external relationships with appropriate contacts e.g. auditors, solicitors, bankers and statutory organizations;
i. producing accurate financial reports to specific deadlines;
j. managing budgets;
k. supervising staff;
l. keeping abreast of changes in financial regulations and legislation
- I responsible for planning, managing & controlling all the functions of the accounting & finance within the company, which include:
Manage company working capital & reporting areas of accounting & finance, manage the quarterly & yearly financial statements, manage the company cash flow, determine company funding requirements, managing the staff members of the finance department implementing & maintaining the internal control systems, budgeting, forecasting & strategic financial planning, prepare departmental budget including capital budget & cash budget. Reviewing periodical financial statements, reports, prepare regular cash flow projection to monitor cash flow.
- Supervising accounting department, reviewing & approving daily transactions & monthly journal entries for monthly allocations of assigned business units, conducting the month end closing financial process for the company & prepare periodical financial statements & reports following up on bank facilities & reviewing bank reconciliation as well as monitoring accounts receivables & accounts payable balances, responsible for computerized accounting system & preparing of final financial statements at year end.
Duties & Responsibilities:
- Supervise all routine financial accounting functions up to finalization of management, statutory reporting and intercompany accounting.
- Review of key Company processes to enhance efficiency within a well-controlled environment.
- Daily review of working capital utilization and cash flow management, continuous monitoring of customer's’ credit worthiness.
Duties & Responsibilities:
- Supervising accounting department, reviewing & approving daily transactions & monthly journal entries for monthly allocations of assigned business units, conducting the month end closing financial process for the company & prepare periodical financial statements & reports following up on bank facilities & reviewing bank reconciliation as well as monitoring accounts receivables accounts payable balances, responsible for computerized accounting system & preparing of final financial statements at year end.
- Auditing statements of account for bank accounts developed computer system for accounts packages software using network between accounts department, Marketing department, sales department and storehouse department, for the chairman of the company.
- Issues checks, preparing fill for tax and auditor review, invoice audit, journalize manual and computerize, ledger accounts, accounts analyze, preparing declaration for sales tax, income & expenditure statements, input & output all accounts to computer, balance sheet, treasurer and budgeter.
Cairo University – Faculty of commerce Bachelor of Accounting Specialization in Accounting – Graduated June 99 Courses: Accounting, Economics, Sales, Marketing, Auditing, Business administration Management, Insurance, Production, English, Law, and Computer.