Financial Manager
KMC Holding Co
مجموع سنوات الخبرة :8 years, 6 أشهر
Work Experience - KMC Holding Co., Oman, (Financial Manager), from May 2010 till now. Duties and achievement as follow:
. Responsible for ensuring compliance with Group accounting policies, accounting standards and regulations
. Driving continuous improvement in processes and controls
. Developing new accounting policies where appropriate for newly acquired businesses within a fast moving and growing organization
. Implementing new accounting standards while ensuring there is compliance and transparency as well as meaningful disclosure to the users of accounts
Providing and interpreting financial information;
. Monitoring and interpreting cash flows and predicting future trends;
. Analyzing change and advising accordingly;
. Developing financial management mechanisms that minimise 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;
- Kuwait Shadows for General Trading Co., Kuwait, (Financial manager), from December 2009 till May 2010
- Ernst & Young, Assurance and Advisory Business Services, Kuwait, from June 2007 till December 2009
- Associate Accountant duties as follow:
Summary of work undertaken and responsibility
1.Senior in charge and direct communication with high level management and partners for listed companies in Kuwait under international financial reporting standard and its update (IFRS)
-Sons Of Mubarak Al Dabous
-Refrigeration Industries Co (RISCO)
-Combat Support associate (CSA)
-Mishrif for Construction Co.
-Al Joun International Co.
-Bobyan Group (BPC & BIIHC)
-United Oil Projects (UOP)
-Ijara Hose Holding Co
2. In Charge for the agreed upon procedures with accordance to CBK regulation - Bank Of Kuwait & The Middle East (BKME) . -2007&2008
- Ernst & Young, Assurance and Advisory Business Services, Cairo, from February 2006 till February 2008.
-Talaat Mostafa Group:
-Prepare the audit of the pro-forma consolidated financial statements for the three years 31 December 2004, 2005 and 2006 in accordance with the Egyptian Accounting Standards.
- Follow the instructions to meet the budget time
- Apply E&Y GAP (Global Audit Planning)
- Prepare meeting with staff to determine the responsibility for each one
- Prepare mail to all TMG's financial managers to complete the requirement of audit list
- Prepare the perform limited review on the pro-forma consolidated financial statements for the quarter ending 31 March 2007 and 2006 in accordance with the revised Egyptian Accounting Standards.
-ABB Holding:
- Use analytical review as alternative procedures in substantive review
- Matching the opening and ending balance according to the change in the company's system
- Calculate planning materiality, Tolerable error and Summer of audit differences according to E&Y GAP (Global Audit Planning)
- Adjust, import and map the trial balance in the C.W (Case Wear, E&Y system) to prepare the e-financial statements and foot notes
-General:
- Prepare IT environment report
- Calculate the predictive test sheet for Fixed Assets to figure out any differences in actual calculation for Fixed Assets Depreciation
- Recalculate the foreign exchange rate for all balances to match any differences in the company's calculation
- Review all accounts receivable, payable, other debit and other credit balances to complete E&Y audit programs
- Prepare all files for Audit Quality Review considering: -UBT: Understanding Business Template
-CRA: Combined Risk Assessment
-SRM: Summery Review Memorandum
-ASM: Audit Strategy Memorandum
-PM and TE: Planning Materiality and Tolerable Error
-Audit Programs
-Working Papers
-Manual Audit File (Substantive Audit Procedures)
In Charge for the agreed upon procedures with accordance to CBK regulation - Bank Of Kuwait & The Middle East (BKME) . -2007&2008
- Follow the instructions to meet the budget time
- Apply E&Y GAP (Global Audit Planning)
- Prepare meeting with staff to determine the responsibility for each one
- Prepare mail to all TMG's financial managers to complete the requirement of audit list
- Prepare the perform limited review on the pro-forma consolidated financial statements for the quarter ending 31 March 2007 and 2006 in accordance with the revised Egyptian Accounting Standards.
- Use analytical review as alternative procedures in substantive review
- Matching the opening and ending balance according to the change in the company's system
- Calculate planning materiality, Tolerable error and Summer of audit differences according to E&Y GAP (Global Audit Planning)
- Adjust, import and map the trial balance in the C.W (Case Wear, E&Y system) to prepare the e-financial statements and foot notes
- Applying JE tools ( Journal Entries transaction) to find out any missing data or mistakes in all transactions
Reporting Management Letters:
- Prepare M.L (Management Letter) and discuses the significant points with manager
- Attend the General and Extraordinary General Assembly Meeting and discuss the meeting agenda with the Board of Directors
- Apply the US Uniform for Hospitality Industry considering Egyptian Standard
-Prepare meeting with Technical Support to understand the Inventory valuation method
- Prepare the cash receipts, cash disbursement, purchases, account payable, sales and payroll cycles
- Arab Chartered Accounts RSMi (HASHISH & HAMOUDA), Cairo, from December 2003 till January2006
-2004&2005
-ASEC Cement Co, Cairo
Observation Physical Count
- Understanding the internal control
- Audit and review all of Balance Sheet and Income Statement Items
- Velocity Appareliz Co, Ismalia
- ADEC Co, Cairo
- Tie the working Paper with Audit file
- Review all evidence and supporting document in the Audit file
-Preparing working paper for each account
-ARAB SWISS ENGINEERING CO (ASEC)
- Assist in Tax inspection related to period from 1997 to 2003
- Other work:
- Audit and review all of Balance Sheet and Income Statement Items
- Assist in preparation all financial statement of the Balance Sheet, Income Statement, and Change in Owner's Equity statement and Cash flows statement
- Assist in preparation for the final Audit report and limited report
- Assist in discussion the audit issue with financial manager for the client
- Trainee at CITIBANK for selling Loans
Bachelor of Commerce, Ain Shams University (Major Accounting), Cairo Egypt May 2003
Defense Language Institute, American Language Course, May 2003
Thanweya Ama, EL Namozagiaa Nasr City School, Cairo, Egypt 1999