Finance and Accounting Trainer
Freelancer
Total years of experience :22 years, 3 months
Design and provide Finance and Accounting training courses, in Egypt and the Middle East
Setup a robust finance function,
build and lead finance and accounting team,
support of management in a variety of strategic and operational decisions,
provide and interpret financial information,
monitor cash flows and forecast future trends,
manage budgets,
lead the incorporation of offshore headquarters.
Provide financial consulting services, including: Finance and Accounting training courses, consulting, writing Finance and Investment articles, and Career counselling.
o Maintain an efficient Treasury function, that is capable of
o Supporting the business activities and in light of the organization’s strategy,
o Managing the different kinds of risks facing the business,
o Responding to the ongoing challenges in a dynamic business environment.
o Develop the coordination between the Treasury function and the relevant stakeholders (inside and outside the organization) to ensure smooth operations and efficiency of the treasury function.
o Set the objectives for the Treasury function
o Supervise the Treasury team
o Manage the knowledge transfer process
o Build team development plan
o Conduct periodic performance appraisals
o Cash Management and Forecasting;
o Deliver robust rolling cash flows forecast; covering cash calls payments to the JV, local funding, cash collections from partners and collections from export & domestic sales.
o Optimize the cash position of the asset, and secure sufficient funds availability to meet operational requirements and investment needs.
o Control of the JV cash calling process; through monitoring of cash position, currency exposure, CAPEX and OPEX, and through challenging the funding details by project, and ensuring proper partner billing.
o Banks Management;
o Maintain relations with banks.
o Control bank reconciliations & ensure timely clearing of open items.
o Monitor banks accounts and transactions.
o Control bank mandates, authorizations, and online access rights to banking platform.
o Provide the relevant reports and analysis to management.
o Fully understand the financial control processes, recommend relevant changes, and make sure controls are in place.
o Additional Tasks:
o Control the process of intercompany charging;
ensure that costs related to other assets are charged properly and timely,
control charges sent to BG Egypt & make sure that the charges allocated relate to the asset.
o Monitor the tax function;
ensure compliance with the local tax regulations.
Lead Payroll Tax Inspections.
o Control the new H.O. project;
Fixed assets creation, according to the organization’s policies and procedures.
Control fixed assets masterdata and coding.
Maintain proper Cost allocation
Maintain coordination between project manager, procurement, payables, and other relevant stakeholders.
Supervise processing of vendor invoices, & control cost allocation.
Supevise & review payments processing.
Maintain proper level of DPO.
Adhere to Group KPIs for the A/P function & seek ways to improve process ineffeciencies.
Suprevise G&A accrual processs & maintain communication channels with budget holders.
Develop the coordination between AP team and other departments to enhance communication and efficiency.
Conduct quarterly meetings with key vendors.
Control the process of intercompany charging.
Monitor the tax function & ensure compliance with the local tax regulations.
Control bank reconciliations & ensure timely clearing of open items.
Supervise the work of the Accounting team.
Prepare monthly and quarterly reports.
Responsible for the periodic Financial Statements.
Supervise preparation of tax returns.
Keep contact with the authorities, lawyers, auditors and tax advisors.
Control accounting transactions & assure conformity to internal and external policies & regulations.
Supervise and assist in producing the financial statements.
Analyze, check and present accounting information.
Assist in the budgeting process.
Track accounts payable.
Track Bank accounts & transactions.
Assist decision making process by top management.
Responsible for recruiting of, training and team management for the accounting team.
Coordinate & communicate with teams from other departments.
Consolidation of monthly financial statements for NEA.
Conrtol & analyse Profitability Analysis reports.
Collect KPIs from different sectors.
Prepare Quarterly Rolling Budget.
Prepare annual financial plan.
Follow-up of Delta Price & Delta Volume reports.
Use of HFM reporting tool (Hyperion).
Build communication channels with different business sectors throughout the organization.
Analyze the current & to be processes.
Define the new processes that conform to SAP requirements & satisfy business needs.
Communicate the business requirements to the SAP Experts team.
Prepare the FI training documents for SAP users.
Train key users, users, & master Data owners on the new processes.
Drive Change Management & ensure smooth implementation of the new process.
Maintain proper Transformation of Master Data & Transactional Data.
Act as a link between the Business process Owner & the SAP Experts team before & after the SAP implementation.
Support the Finance team during the daily & period-end closing processes.
Supervise & Monitor financial transactions performed by the Accounting team and achieve proper level of control for Schneider Electric for Distribution's accounts & transactions.
Responsible for the preparation of monthly closing reports, intercompany reconcilliations, Trial Balance & Financial Statements for Schneider Electric for Distribution.
Supervise & monitor the tax function for both Schneider Electric Egypt & Schneider Electric for Distribution & assure conformity to the current Tax Laws & Legislations.
Prepare periodic Tax Declarations.
Get involved in Tax Inspections.
Green Belt for a Six Sigma Project.
Contributed in preparing the year-end consolidated financial statements.
Prepare the monthly consolidated trial balance.
Contribute in preparing feasibility studies for several new projects.
Prepare the reports required by top management.
Supervise the daily recording of journal entries on computer-based system.
Manage the books & the accounting records for the three publications: Adam AlYoam magazine, Party magazine, & Etessalat AlYoam News paper.
Prepare the monthly trial balance for the three publications.
Contributed in the preparation of year-end consolidated financial statements for AlAlam AlYoam Newspaper.
CIMA Diploma of Islamic Finance
Certified Management Accountant
Faculty of commerce, English Section.