Amr Lotfy, Senior Advisor

Amr Lotfy

Senior Advisor

Keepers Advisory

Location
Egypt - Cairo - Maadi
Education
High school or equivalent, accounting
Experience
17 years, 7 Months

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Work Experience

Total years of experience :17 years, 7 Months

Senior Advisor at Keepers Advisory
  • Egypt - Cairo
  • My current job since December 2021

• Lead and supervise finance team from different locations and empowering them to ensure efficiently and accurately, preparing year-to-date financial reporting and statements for twenty entities across the MENA
• Conducting Monthly income and balance sheet reconciliation including bank account, credit cards, fixed assets, accounts receivable, Accounts payable, Loans & leases, Prepayments, Accruals.
• Ensured compliance with IFRS, applicable regulations, accounting policies and procedures.
• Strengthen day to day finance operational activities are executed effectively with appropriate controls, training, and documentation.
• Maintained time sensitive processes are completed including full balance sheet reconciliations, consolidation and corporate reporting requirements including fixed assets, expense analysis and other accounting related inquiries and ensure financial reporting is completed timely and accurately.
• Lead the audit preparation process; manage successful passing of annual audit
• Conducting monthly general ledger closing activities, including Deferrals, Accruals, Prepayment, Depreciation, Amortization.
• Monitoring day to day finance operational activities.
• Producing monthly, quarterly, annual financial statement and reports.
• Collecting, interpreting, and reviewing financial information
• Producing financial reports related expenses analysis. Cash flow financial performance.
• Liaising with external auditors and tax filling
• Assisting in annual Budget, performing variance analysis for sales and cost.
• Recognize revenue based on % of completion for long term contracts according to IFRS 15.

Finance Officer at British Council - Egypt
  • Egypt - Alexandria
  • February 2021 to December 2021

• Validating invoice check documentation and compliance with procurement policy, validate vendors forms and follow up on rejection.
• Handled all payments rejected by bank details and verify vendor bank details and follow up on corrections.
• Run fixed assets reconciliation and calculate deprecation.
• Confirm the cash collection and reconciling is done against the payment summary report from Teaching centers.
• Producing monthly, quarterly, annual financial statement and reports.
• Collecting, interpreting, and reviewing financial information
• Producing financial reports related expenses analysis. Cash flow financial performance
• Maintained time sensitive processes are completed including full balance sheet reconciliations, consolidation and corporate reporting requirements including fixed assets, expense analysis and other accounting related inquiries and ensure financial reporting is completed timely and accurately.

Financial Controller at Boston Federal Financial
  • United States - Massachusetts
  • February 2019 to February 2021

• Maintained time sensitive processes are completed including full balance sheet reconciliations, consolidation and corporate reporting requirements including fixed assets, expense analysis and other accounting related inquiries and ensure financial reporting is completed timely and accurately
• Ensured compliance with SOX internal controls requirements, including monthly/quarterly/annual assessments and submissions.
• Acts as the focal point for tax authorities, internal and external auditors.
• Ensured accuracy of quarterly and annual reporting as per US-GAAP while meet deadline.
• Supervising review of supplier invoices and processing of payment requests; monitoring payment processing system to ensure conformity to agreed terms of purchase and delivered quantities.
• Analyzed financial information and made recommendations to improve efficiencies.
• Established and maintain good working relationships with the key Stakeholders internally and externally.
• Managed end to end accounting cycle including gathering information, preparing documents, finalizing reports, and closing books.

Chief Accountant at Alghoniem Group
  • Saudi Arabia - Dammam
  • July 2009 to November 2018

• Apply All Procedures for Recording, Classifying, Summarizing, And Disclosing of Transactions and Preparing Trail Balance.
• Reconciled Accounts and Performed Variance Analyses and Resolutions to Support Month-End-Closing Activities.
• Developed Cost models that can Provide item Costing, Analyzing Variances for Each Month, Perform Price Comparison of Each Raw Material and Assist in Pricing for Big Projects.
• Controlled Cashflow Cycle and Prepare Bank Reconciliation.
• Driving reconciliation of benefits, deductions and hourly wage reports calculation and Printing Checks.
• Managed fixed asset ledger, including timely reporting of assets acquired, disposed, and transferred between facilities
• Increased Collected Payment from Customer by Interacting and Solving Outstanding Issue, Post and Pay Vendors Invoices in A Timely Manner.

Junior Accountant & Inventory Controller at Asma Tech
  • Egypt - Alexandria
  • July 2006 to May 2009

• Performed Stocktaking Periodically to Ensure Inventory Balance Remains Accurate.
• Prepared and Submit Daily Inventory Reports to Direct Superior with Any Shortage Requirement.
• Troubleshooted Tracking Items with Organized Database Using Item’s Serial Number.
• Collaborated with CFO to Create a Return Policy.

Education

High school or equivalent, accounting
  • April 2008

courses: Public Accountant (AICPA, USA) Expected to finish

Specialties & Skills

Accounting
Finance
Financial Analysis
Costing
Management
ACCOUNTANCY
ACCOUNTS PAYABLE
BALANCE
BALANCE SHEET
BANK RECONCILIATION
BENEFITS ADMINISTRATION
BUDGETING
CASH FLOW
CLOSING
CONTRACT MANAGEMENT

Languages

Arabic
Expert
English
Expert