Accounting Manager
Palm Hills Developments
Total years of experience :19 years, 10 Months
1- Manage and oversee the daily operations of the accounting department. 2- Support the Finance Director in ensuring that the Finance team is fully resourced and well-directed, with clear guidelines to their own job responsibilities, and are provided with full support in achieving these, in terms of communication, training and development, and the organization of the department’s workload. 3- Provide cover to the Finance Director in their absence ensuring efficient and smooth running of the department. 4- Develop and maintain financial controls, to streamline processes and increase efficiency within the finance function. 5- Assisting with the preparation of the Finance Board reports and with Divisional presentations. 6- Coordinate/communicate with business executives regarding operational needs and accounting issues 7- Facility Management. 8- Other ad hoc works/reports like feasibility study report 9- Costing, Reports, Analysis expenses 10- Management Reporting & Analysis. 11- Manage Accounts Payable. 12- Develops financial goals and objectives.
Financial Operational Duties:
1- Directing Accounts Payable function ensuring accurate and timely processing of payables, Vendors, Suppliers, Contractors and employee expenses.
2- Coordination with external and internal parties to follow up the payment process and confirmation balance.
3- Monitoring team responses to ensure efficient and effective responses to all payable queries.
4- Oversee Accounts Payable staff to ensure invoices are being processed in a timely manner and provide any necessary guidance and training.
5- Processing Intercompany reconciliation payments.
6- Prepare all supporting information for the annual audit with the approved external auditor.
7- Responsible for the full cycle AP process.
8- Lead monthly and quarterly closing process.
9- Manages employees including training, performance evaluation, and career development.
10- Perform other duties as assigned.
Facility Management:
1- Review all Facility service cost charged on Residential Associate
2- Prepare and Review financial Statement for Residential Associated.
3- Prepare Maintenance Report for all Clients.
4- Follow up collection maintenance check from clients.
5- Prepare Maintenance statement for all clients.
6- Resolve any issue related Maintenance statement for clients.
Financial Reporting & Analysis Duties:
1- Prepare Financial reporting Quarterly, Monthly and weekly
2- Compile and analyze financial information, report to CFO
3- Coordinate and complete annual audits.by Assists internal/external auditors and provides information as required..
4- Analysis accounts variances, initiating corrective actions.
5- Analysis of general and administrative expenses monthly & quarterly.
6- Develop the management reports to ensure relevant information is provided in a timely and effective manner.
Policy and Procedural Duties:
1- Participates in the formulation of the financial policies and procedures.
2- Monitors the implementation of policies and procedures in an efficient manner to ensure cost effectiveness.
3- Provide clarification and advice on financial policies and procedures to be followed and monitors their execution.
4- Improve accounting & operations systems and procedures and initiate corrective actions.
5- Review all Accountants’ tasks, provide guidance and support whenever needed.
6- Guides other departments by researching and interpreting accounting policy, applying observations and recommendations to operational issues.
7- Collaborate with the other departments’ managers to support overall department goals and objectives.
8- Maintains financial security by establishing internal controls. 9- Ensure department objectives are met timely and with the highest level of quality and accuracy.
Accounting Oracle System
1- Reconciliation of all A/P system accounts at Oracle.
2- Customize AP Module, Contracts Module on Oracle
3- Update chart of accounts.
4- Review and recommend changes to the existing accounting procedures.
5- Mapping between AP Module and other Modules.
6- Improve systems and procedures and initiate corrective actions.
7- Establish and maintain documents transactions through Oracle (Automation )
Manage and control all accounting, financial and compliance functions
(Including A/P, G/L, F/A, Payroll, Projects and Cost centers, Accounting, Reporting, Taxation, Audit etc)
Responsibilities:
1- Supervising the day to day accounting and financial functions.
2- Manage the A/P process, including entering, reviewing and coding invoices, auditing financial records to ensure compliance
with accounting policies, and maintaining the AP files
3- MIS - Preparation of various reports to the management.
4- Month end and year-end closing of accounts; Passing closing entries including provision entries.
5- Review & Prepare the monthly AP Trial balance & Prepare necessary adjusting entries.
6- Recording and reconciling monthly payroll.
7- Reviewing all petty cash reconciliation.
8- Responsible for dealing with the Tax Authority and the Social Insurance Authority
9- Corresponding with vendors, suppliers, contractors and respond to inquiries.
10- Sending balance confirmation to vendors & Suppliers quarterly and reconciliation preparation
11- Manage daily supplier’s invoices for processing and payment as per due date and payment term
12- Review and approve all payment vouchers and checks for suppliers and contractors.
13- Supervision for issuing checks on due date according to our company Budget
14- Manage reporting on regular basis as per dateline
15- Maintain internal and external’s audit compliance as per company’s policies and procedures
16- Work closely with auditors and provide any requested report timely and accurately
17- Lead implementation of systems change and updates.
18- Verify that all transactions comply with financial policies and procedures.
19- Review all Contracts, Agreement, LOA, and variation order for Contractor & Suppliers.
20- Supervising and following up all letters of guarantee that held by supplier in order to collect it when they expire to request
renew it or cancel.
21- Supervision of the warehouse inventory on a regular basis and an annual
22- Management and supervision of staff.
Oversee the operations of all accounting functions including Accounts Payable, Costing, Cash & Banks, Fixed Assets,
Reporting &Analysis, Payroll, and Letter of guarantee, Month end accruals and provisions
Responsibilities and Tasks:
Accounts Payable Supervisor:-
1- Supervising the AP Functions for 11 companies with annual work Value of 2 billion to 3 billion Egyptian pounds
2- Ensure that All kinds of Payments transactions are comply with financial policies and procedures
3- Ensure All Invoices, Claims and contracts are attached with PO &PR covered by budget department.
4- Review invoices and check requests and process accounts payable check, wire transfers and other payments
5- Review all kinds’ petty cash to employees through temporary Testament and Advances employee.
6- Checking and approves all vouchers for payments
7- Ensuring that incoming vendor refund payments are applied correctly and completely to vendor accounts.
8- Supervision for issuing checks on due date according to our company Budget
9- Review of the accounts of contractors, suppliers, Creditors and consultants and the all kinds of payments.
10- Control and Follow-up advanced payments to contractors and suppliers and Creditors. And ensure coverage by The
Corresponding Bank checks and Letters of guarantee
11- Review and approve financial terms for all vendors, contractors, suppliers and consultants payments
12- Check/ verify all supplier reconciliations
13- Monitors and ensure the accurate timely processing of suppliers and contractors payments as per the Company’s
Policies and procedures
14- Monitoring accounts to ensure payments are up to date & auditing daily entry for the treasury.
15- Analysis of balances of accounts of contractors and suppliers for all companies
16- Ensure contract is fully invoiced, complete with associated contract documentation
17- Compare the payments made to the contractors/suppliers/consultants against the amounts and payment terms
Agreed upon in the contracts
18- Responsible to satisfy suppliers in case of any queries and ensure the proper and good relationship with all suppliers.
19- Supervises and provide guidance to accountants staff with regard to their duties and responsibilities
20- Liaise with internal and external auditors, tax agent and government bodies to prepare the necessary finance documents.
Cash &Banks Accounts:-
1- Review and adoption of memorandum of settlement bank after verification of supporting documents to ensure accuracy.
2- Supervising monthly bank reconciliation for all accounts
3- Prepare the weekly cash forecasts based on the ageing analysis of the sundry creditors for treasury department
Costing Accounts:-
1- Monthly preparation of cost reports of all projects
2- Review all expenses and distribution to cost centers
3- Settlement of monthly payroll for the group and distributed to cost centers for each department.
4- Distribution of administrative expenses and salaries of the units and cost centers
General Accounts:-
1- Review all journal entries and closing through the audit and settlement of any differences and modify any mistakes to
validate the accuracy and limitations of the closure prior and make sure they are Posting from the AP Module to the GL
2- Prepare trial balances and reconciliations required procedures and make sure it is correct.
4- Coordinate monthly closing process and reconciliation of general ledger accounts
5- Reconciliation between AP statement and AP Ledger
6- Review account balances expenditures and ensures that they comply with the cost centers
7- Monthly closing of accounts, as well as quarterly and annual
Management Reporting & Analysis:
1- Preparation of financial reports on the work and submit to the Director Financial & CFO
2- Preparation of monthly Taxes reports for all contractors, suppliers and any other payments and reviewing
Certificates To contractors and suppliers, etc., before the delivery to the IRS
Responsibilities and Tasks:
1- Responsible for creating all Invoices for contractors and suppliers.
2- Preparing and reviewing invoices and checks on contractors and suppliers and follow up on receipt of checks.
3- Review Accounts of the cash and the settlement of the Covenant.
4- Prepare reports on the wages of workers.
5- Follow-up and analysis of accounts of contractors and suppliers
6- Review all deductions from Invoices (Withholding Tax- Sales Tax -Social Insurance-Retention).
1- Bookkeeping accounting for some companies.
2- Preparing accounts and tax returns
3- Work of the feasibility studies of projects under Implementation.
4- Provide financial services for companies and people
5- Preparing and reviewing balance sheet and Cash Flows Statement and Income Statement for
companies
6- Analysis the accounts in the balance.
7- Accounts assets (Methods and rates of depreciation of assets)
8- Accounts cost.(direct costing system& standard costs)
9- Accounts tax. (income tax, salary tax, sales tax)
10- Preparing and submitting tax returns for funders.
11- Solution Problems of tax funded public and sales taxes.
12- Follow-up accounts funded with taxes, insurance and other government agencies.
13- The ability to compromise and an end to any dispute or problem between companies and official
Bodies Especially the taxes.
14- To appear before the Committee of Experts to discuss some issues related to tax funders
15- Represent clients before taxing authorities and provide support during litigation involving financial
issues.
16- Provide internal and external auditing services for businesses or individuals
Cairo University Faculty of Commerce Bachelor of Commerce
