Abdelsalam Said - CPA CMA UAECA

• Financial Reporting and Analysis: Develop monthly detailed financial reporting and analysis including P&L, Revenue Analysis, Business Analysis, and Sales Analysis to support strategic decision-making.
• Team Management: Lead, mentor, and manage a team of five finance professionals to ensure high performance and professional development.
• Product Pricing and Cost Analysis: Lead product pricing decisions for over 200 products and analyze costs related to materials, labor, and overheads.
• Sales Monitoring and Reconciliation: Oversee and reconcile daily sales across three retail showrooms in UAE, ensuring accurate recording and reporting.
• Inventory Management: Work closely with the supply chain and inventory teams to manage inventory levels, optimize inventory costing, and reduce wastage.
• Supplier Payments: Review and approve supplier payments while maintaining strong relationships and negotiating favorable terms.
• Cash Flow Management: Manage daily cash flow and develop cash flow forecasts to maintain stability.
• Budgeting and Cost Control: Oversee the budgeting process, monitor expenditures, and ensure cost control measures are in place across all departments.
• ERP Implementation: Lead the implementation of the Odoo ERP for accounting and ensure seamless integration with CRM, Supply Chain, Inventory, Manufacturing, Cost Centers, and BOMs.
• Collaboration: Collaborate with department heads to provide financial insights and support business growth.
• Finance Controls and SOPs: Develop, implement, and monitor financial controls and SOPs.
• Compliance and Reporting: Ensure compliance with local and federal tax regulations, including VAT and corporate tax, and coordinate audits.

• Create detailed budgets and forecasts, ensuring optimal allocation of resources and guiding financial decisions for the organization's growth and stability.
• Evaluate and analyze financial performance metrics, providing data-driven insights to facilitate informed decision-making and enhance overall financial efficiency.
• Monitor, analyze, and optimize cash flow, ensuring liquidity and financial stability through effective management of inflows and outflows.
• Manage outgoing payments to suppliers and vendors. Oversee billing processes, generate invoices, and track accounts receivable and collection of payments from clients.
• Process employee salaries, benefits, and deductions accurately, ensuring compliance with labor laws and regulations while maintaining confidentiality and accuracy.
• Prepare comprehensive financial reports and statements, summarizing the company's financial transactions and offering valuable insights to stakeholders.
• Ensure compliance with tax laws and regulations, prepare and file VAT returns accurately and on time.

• Managing the entire banking relationships and treasury with Daily cash flow reports.
• Setting targets for and supervise all accounting and finance personnel
• Control, allocate and reconcile accounts payables and receivables.
• Liaise with the group CFO to improve financial procedures, and smooth running of operation.
• Lead an annual audit, maintain general ledger, prepare month-end close, and year-end closure process.
• Prepare monthly, quarterly, and annual Balance Sheet, P&L, and Cash Flow statement.
• VAT filing and liaising with FTA

• Organize financial statements and budget preparation, accurately and timely.
• Implement cost control procedures and cost management processes.
• Manage accounting operations, including JV, collection efforts, reconciliations and payroll processing.
• Prepare weekly / monthly reports (Aging A/R, A/P, Sales, and Collections).
• Manage, coordinate and develop the team members & provided continuous support.
• Organize and review the annual audits.

• Prepare and Maintain updated recipes & menu costing, and suggest selling prices
• Reviews purchasing procedures for all F&B items
• Prepare daily flash report of food costs and daily staff meals cost.‎
• Perform random test counts in the stores.
• Investigate the variances between the actual and budgeted results and report the management.

• Handling accounts payable functions and coordinating Petty Cash and payments to vendors.
• Review and audit invoices and other claims for payment by using the three-way match method
• Prepare checks and post vouchers; and reconcile them with bank statement.
• Maintain vendors’ files on Accounting System.
• Correspond with vendors and respond to inquiries.