Manager Financial Accounting
malomatia
Total years of experience :18 years, 0 Months
1-Develop policies and procedures to improve the efficiency of management accounts receivable, accounts payable, contract management and other accounting tasks
2-Increase efficiency by utilizing technology: insert software used here
3-Provide valuable insight on key business operations via analytical reports: work directly with Senior Executives to implement numerous ideas
4-Supervise and manage the day to day operations of the Financial Accounting Department and its associated functions including processing of payments, payroll, GL Accounts, prepayments and accruals, fixed assets and depreciation, receivables, Prioritize payments to suppliers/subcontractors and the invoices in coordination with Program Managers. Verifies the validity of payments included in periodic payment runs against necessary supporting documentation.Calculate the profitability reports on monthly basis
5- Manage month-end close including accounts analysis, financial statement preparation, and corporate reporting, Carry out Close Process (FSCP) and that period end closing of financial accounts is done on a timely basis, as per the agreed plan Reconcile accounts between profit centers within malomatia..
6-Oversee the Financial Accounting processes across the company through proper reconciliation of all concerned systems,
7-Ensure the application of the highest financial reporting standards for the preparation and presentation of malomatia’s external financial accounts through a combination of applicable leading practices and pertinent financial, accounting and reporting standards
8-Prepare in the timely and accurate preparation of monthly, quarterly and annual balance sheet and profit and loss statements for malomatia, including the drafting of the accompanying explanatory notes.
9-Implement accounting system, procedures, and internal controls. Analyze transactions, determine accuracy, and insure completeness and compliance to established policies and procedures. Ensures accuracy of Financial Statements and ongoing integrity of General Ledger interfaces
10- Allocate work to subordinates, nominate for training as per organization’s guidelines, conduct performance reviews and manage leave and overtime to ensure efficiency.
11- Manage subsidiary transactions (India & Egypt) for quarter consolidation reporting and year end consolidation report
12- Manage the subsidiaries financials remeasurement from Indian GAAP to IFRS and translation to reporting currency
Maintaining accurate financial records and preparing clear and accurate reports for informational, auditing and operational use; Reconciling accounts, records, reports and journals; Preparing financial and/or auditor statements and reports.
1.Prepare journal entries and reconciles general ledger and subsidiary accounts; prepare monthly financial statements, including distributing monthly revenue and expenditure reports to departments.
2. Analyze and reconcile expenditure and revenue accounts, including trustee accounts and investment reports.
3 .Make wire transfers and journal funding transfers and reconcile monthly bank statements.
4. Monitor grants revenues and expenditures, ensuring data is recorded in the financial accounting system.
5. Calculate and prepare reimbursement billings and track receivables; reconcile monthly accounts receivable.
6. Prepare audit schedules for external auditors.
7. Assist with the preparation of the annual and mid-year budgets.
8. Assist with the fiscal year-end and fixed asset accounting.
9. Assist departmental personnel with budget questions, proper expenditure coding, document processing and other accounting related activities.
10. Perform other duties of a similar nature or level.
1- Scimitar production Egypt LTD - (Egypt branch)
2- Compass Egypt
3- Quality Foods Egypt
4- Perenco Egypt for Petroleum Service
5- Sipetrol for petroleum Services
6- Norpetco For petroleum services
7- Alan Dick North Africa & Alan for Antenna
8- Mbc
9- National Societe General Bank (NSGB)
10-Vodafone Egypt
11-Wadi Degla
12-Egypro
13-OHD
14-Capital Drilling
15-Oil search
Reporting to: Financial controller
Responsibilities:
• Manage international suppliers’ accounts for both direct & indirect suppliers as well for 250 foreign suppliers.
• Organize in line with UK head office to ensure settlement on a timely bases
• One of the team working for handling invoices in line with group policy
• Establish a complete accounts payable section starting from training, in both manufacturing and accounting system, and response to suppliers' queries policy and ensure accurately posts invoices on the payable ledger and allocates payment on invoices and ensure runs payable ledger
• Transfer foreign supplier from Leoni UK to be handled in Leoni Egypt starting from matching process to ensure the receiving of the material till the payment process.
• Reconcile enter company accounts to ensure adequate enter company month end statements.
• Contact foreign suppliers to ensure of balance confirmation
• Ensure the supplier's payment according to their payment term and catch the early payment cash discount
• Undertakes other tasks that may be assigned by the finance manager.
• Using SAP Financial Applications (Account Payable & General Ledger Module)
Responsibilities:
• Data entry for invoices to foreign suppliers.
• Comparing invoices with requisition, purchase orders and price quotation before payment
• Reviewing commercial industrial profit taxes before payment
• Preparing 40 & 41 taxes form
• Recording in banks book
• Filling
• Contact foreign suppliers to ensure of balance confirmation
Responsibilities:
• Recording in banks book
• Treasury holder
• Pay general expenses after recording it on the GL.
• Dealing with banks
• Prepare bank reconciliation.
Certified Public Accountant (CPA)
Certified Management Accountant (CMA)
• 2007 Faculty of Commerce, Cairo University major in accounting in Arabic section with general grade "Good" with 75% • 2003 El Orman Secondary School THANWYA AMMA with 92.5%
General English Language Courses at AUC. (Finished the 12th course successfully [certified])
With grade Excellent