Senior Accountant
MIM International Consultancies
Total years of experience :16 years, 3 Months
MIM is involved in providing business consultancy services like feasibility study, corporate governance model, business development, business valuation etc. Company also has its sister concern Asel Al Maayer (Associated with Martten Cox & Associates), which is providing auditing services to many SMEs in UAE.
Roles & Responsibilities
Participate and lead the team for various assignments in the following fields:
Financial & Management Accounting Field;
• Preparing various MIS reports to the top management including Cost Variance, P&L variances in comparison with budget, Cash Flow Statement, Balance Sheet, Trend analyses (Ratio Analyses) & inter-company accounts reconciliation etc. within the prescribed deadlines.
• Verify and finalize the monthly payroll from HR department & ensure postings are made in an accurate manner;
• Assisting accounting staff in month end and year end postings and other related technical matters;
• Finalization of monthly, quarterly, half yearly & annual financial statements after posting of accruals and necessary adjusting entries (Prepayments, Depreciation, Provisions etc.) within the prescribed deadlines;
• Reviewing bank reconciliations, Account Receivables Reconciliation, Account Payable Reconciliation;
• Prepare financial statements and supporting schedules according to International Accounting Standards (IASs) & International Financial Reporting Standards (IFRSs)
• Analyzing financial statements on a monthly basis and report on variances.
Management & Consultancy Field;
• Provide assistance in Feasibility study & Business plan projects.
• Provide assistance in preparing evaluation reports related to legal cases.
• Provide assistance in reviewing different types of contract.
• Facilitate the coordination with government authority & ministries.
• Verification of payment to suppliers by checking supporting documents and compliance of all the control procedures devised for payment procedure;
• Providing guidance to all subordinate staff ensuring compliance with the prevailing accounting practices and company policies and procedures
• Assist in documentation and monitoring of Internal Controls System (ICS).
Audit Field;
• Examines and analyzes accounting records to determine financial status of establishment and prepares financial reports.
• Reviews data regarding material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.
• Inspects books of original entry to determine if accepted accounting procedure was followed in recording transactions.
• Prepares reports for management concerning scope of audit, financial conditions found, and source and application of funds.
• Provide recommendations regarding improving operational and financial position of company.
• Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis.
• Review monthly account reconciliations.
• Other roles as requested by the management.
Company Information
EgyMedical Group is the Authorized agent in Egypt for the two British companies (Fortress Diagnostics and Biorex Diagnostics) working in the field of Laboratory Diagnostics and Medical Equipment. The firm is owned by a group of investors that emphasis ethical behavior and contribute to the growing economy of Egypt.
My Main responsibilities were as follows:
• Review of figures, postings, and documents for correct entry, mathematical accuracy, and proper codes.
• Classification, recording, and summarizing numerical and financial data to compile and keep financial records, using journals and ledgers.
• Reconciliation of balance sheet accounts and analysis of Profit & Loss accounts for month end closing.
• Assistance for control in performing quarterly and year-end inventory audit. Responsible for maintaining record of assets, liabilities, profit and loss and other financial activities.
• Assist in preparing periodical financial statements & management reports.
• Ensure accuracy of information contained in the financial reports & their compliance with statutory requirements & general accounting standard.
• Prepare debtors’ listings & constantly follow up for payments.
• Check customers’ credit ratings & advise the management accordingly.
• Handle reconciliation of bank accounts, review of bank facilities & Overdrfat
•Certified Management Accountant (CMA) From USA. •B.Sc. in Accounting, May 2007, Faculty of Commerce, Mansoura University, Egypt.