Financial Controller
THE DOW CHEMICAL COMPANY
Total years of experience :19 years, 10 Months
Management
• Maintain a documented system of accounting policies and procedures
• Manage outsourced functions
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
• Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and proce-dures.
Transactions
Ensure that accounts payable are paid in a timely manner
Ensure that accounts receivable are collected promptly
Ensure that periodic bank reconciliations are completed
Ensure that required debt payments are made on a timely basis
Maintain an orderly accounting filing system
Maintain a system of controls over accounting transactions
Reporting
Handle monthly/ quarterly closing process
Issue timely and complete financial statements
Coordinate the preparation of the corporate annual reports
Manage the production of the annual budget and forecasts
Provide for a system of management cost reports
Compliance
Coordinate the provision of information to external auditors for the annual au-dit
Comply with local, state, and federal government reporting requirements and tax filings
Manage Tax File for Corporate/Sales/Payroll/stamp/property & Withholding Tax
Handle field work for tax inspections
Preparing needed report for tax inspection
Attending internal / external committee
Discussing tax reports and forms results with tax advisors / Inspectors
Review annual tax return with tax advisor
• Manage end month closing process with my team and provide final reports to Line manager
• Reviewing trial balance - P&L - Balance sheet and cost reports before final reports and make needed correction
• Report financial Report for my line managers and others
• Preparing Monthly Sales Tax Report for Sales Tax Authority also contact our legal office to handle taxes issues with Tax Authority
• Monitor and Review Accruals & Provisions
• Reconcile GL with Business partner
• Work on and analyze aging Report for A/R & A/P
• Help & Support other Departments for understanding ERP Sys. Process and use -(SAP Business one )
• Handle and prepare work load for my team
• Monitor and analyze Production/OH & Admin/OH and report my comments to my line manager
• Handle & Mange audit requirement in interims & End year closing
nsmission electricity
• Reviewing travel expenses of employee and check outstanding for any previous advances
• Review vendor activity to ensure all monthly invoices have been received and Processing
• Reconcile GL Accounts and vendor’s statement on monthly bases
• Review Accounts Receivable situation and match it with client statement including Advances and retention from customer
• Preparing Accrued Exp. Journal on monthly base and review accruals GL on monthly bases
• Review and monitor prepayment accounts and its amortization
• Reviewing the payment of sales tax or withholding tax.
• Preparing cars' insurance cost distribution sheet for booking
• Responsible for Assets and introduce its reports by depreciations.
• Preparation of Salaries Journal Adjustment and its analysis
• Analyze and monitor taxes GL and matching it with sales tax report
• Reviewing cash collection from customers
• Reviewing inter-company mismatch and prepare appropriate adjustment
• Monitor loans and time deposits and its interest
• Issuing Debit notes for intercompany on monthly bases
-Analyzing revenues by compare it with the budget and show the actual revenues per
Each branch -Preparing the net position with FedEx Dubai by make reconciliation's for all FedEx invoices and payout per month -
Sharing with group of pricing local shipment and comparing price of competitors by analyze the effect of changing price to reach to the optimized price
Monitoring & reviewing with FedEx Dubai the net position and doing needed transaction
Preparing monthly sales report for sales dep. And required reports for revenues
Reviewing with collection team statements of customers
A) The billing duties:
• Dealing with FedEx Dubai in all kinds of invoices billing to it such as (re-export, claims, duties & taxes and penalties invoices (monitoring, recording, reporting and control all its payments & procedures)
• Responsible of the customs invoices whether batch or cage one & the process of recording it into the system & collecting, monitoring, auditing the collection of invoices on the system.
• Having the whole responsibilities about the monthly invoices of all our customers in Egypt by having the full authorization to make it step by step from its input……..processing……….& output which will be represented in the monthly invoices of all our customers in Egypt.
B) The receivable duties
• Responsible for all the Collections received From the Customers and book it on our accounting system (sun sys).
• Handling all the withholding tax receipts of the customers..
• Responsible for all Int’l and Internal Credit operations and there transactions..
• Preparing aging report for credit dep.
• Preparing collection report
• Calculate the Percentage of doubtful provision and create it
it
Bachelor of commerce Faculty of commerce: Ain Shams University. Date of graduation: June 2004 Major: Accounting Department Arabic section Graduation Grade: Good