Accounting Manager
AAW Consulting Engineers
Total years of experience :16 years, 2 Months
Manage accounting for the Holding Company and Three subsidiaries companies as following:
1- AWW Consulting Engineers (Egypt).
2- AAW & Partners UAE.
3- AAW Development.
Control & Monitor Accounting for Two subsidiaries companies as following:
1- AAW & Partners KSA.
2- AAW & Partners Oman.
Responsible for:
• Ensure the accurate preparation / reporting of monthly financial results in strict accordance with preset deadlines and that any variations to budgets and forecasts are explained.
• Ensure that end of year statutory accounts report is finalized by specified date and presented to Directors for review.
• Ensure that the full cycle-count P&L for all the company Operation are managed and closed accurately without gabs.
• Ensure that business cash flow adequately supports company work activities and produces optimal results.
• Ensure all company assets are monitored, accurately accounted for, and are effectively managed.
• Ensure the fixed assets register is periodically reviewed and updated and that the general ledger is reconciled accordingly.
• On a monthly basis monitor and track debtors to ensure they are consistent with contract conditions.
• Ensure invoicing of creditors and that collections are consistent with set time frames.
• Ensure the monthly reconciliation of all ledgers and sub-ledgers and supervise the preparation of financial statements and journal entries.
• Administer the bank accounts and investment activities.
• Track and monitor revenue for accuracy and ensure that revenue is allocated correctly, taking corrective action where inconsistencies arise.
• Act as the first point of contact for the auditors, and communicate with them to ensure all questions can be answered efficiently.
• Ensure all taxation and legislative requirements are complied with at all times. Also, the compliance with statutory authority and audit requirements.
• Ensure all finance records are kept accurately and securely and in line with legislative requirements.
• Maintain integrity of Accounting system (Microsoft GP software), ensuring it remains effective and operational at all times.
• Review financial guidelines and policies with company and Finance Sub-committee annually.
• Oversee accounting procedures, internal controls (implementing, monitoring, enhancing), and database management.
• Ensure that relevant information is communicated to subordinates enabling them to effectively carry out their functions and tasks delegated to them.
• Make self-available as coach / mentor in assisting subordinates to develop in their positions. Also, identify skill gaps and training requirements when necessary.
- Manage Daily Cash Activities and Daily Operating Report
- Primary responsibility is to prepare financial statements and supporting schedules according to month
- Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis
- Prepare monthly account reconciliations
- maintain up-to-date billing system
- generate and send out invoices
- follow up, collection and allocation of payments
- carry out billing, collection and reporting activities according to specific deadlines
- Reconciliation of accounts
- Making Payroll Sheets:
- Employee benefits. (Holidays, vacations, sick days, insurance)
- Salary calculation- Hourly calculation
Daily Financial Report (Account receivable-Account Payable-Notes Payable-Daily Bank Reconciliation - etc.)
- Manage Daily Cash Activities and Daily Operating Report
- Preparing withholding tax and sales tax reports and Payroll tax.
- Preparing checks payments and forward to F.M for further approval
- Primary responsibility is to prepare financial statements
- Analyze revenues, commissions and expenses to ensure they are recorded appropriately on a monthly basis
- Prepare monthly account reconciliations
-Assist with analyzing financial statements on a monthly basis and report on variances
- Assist with quarterly producer commission reports; analyzing and correcting discrepancies
- Prepare and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
- Making Payroll Sheets to 400 Employees (Foreign & Egyptian)
- Employee benefits. (Holidays, vacations, sick days, insurance)
- Payroll taxes - Salary calculation- Hourly calculation.
- Post and process journal entries to ensure all business transactions are recorded -
- Update accounts receivable and issue invoices -
- Update accounts payable and perform reconciliations -
- Assist in the processing of balance sheets, income statements and other financial statements
- Assist with reviewing of expenses, payroll records etc. as assigned
- Update financial data in databases to ensure that information will be accurate and immediately - available when needed
- Prepare and submit weekly/monthly reports -
- Assist senior accountants in the preparation of monthly/yearly closings -
Helwan University