Finance Manager
IEMCO GROUP
Total years of experience :22 years, 7 Months
• Overseeing the flow of cash and financial instruments
• Planning and directing the activities of workers in branches or departments
• Preparing reports as required by law, regulations or company policies
• Ensuring compliance with applicable laws and procedures
• Managing a company's financial accounting, monitoring and reporting systems
Delta Marketing Co. - Saudi Arabia
(Water Factory) Sept.2015 till Jul.2017
(Awarded: 2015)
• Resource Management: Assists/ deputizes the CFO and participates in departmental decision making to ensure financial resources are effectively utilized and timescales are met.
• Polices & Procedures: Develops and proposes financial policies and procedures and updates them according to business need to maintain an internally controlled workflow.
• Financial Statement: Managing the company's financial statements, monitoring and reporting and analyzing changes and advising accordingly. Establishes / maintains chart of account, ensures that accounting systems, data processing and costing criteria are in accordance with the Applied Accounting Principles to secure an accurate record of the company's financial position.
• Credit Risk: Review credit evaluation studies and approve customer credit limit and duration in light of the company policy and guarantees offered Reviews key customer credit situation on monthly basis and authorizes over credit limits/ holds sales supply to avoid risk exposure.
• Credit Limit Monitoring: Authorizes and Monitors indirect credit limits assigned to Customer Representatives according to assessment of sales turnover/ targets and takes the necessary measures to mitigate risk.
• Payments: Revises and approves payments to Suppliers, Customers and employees according to the authority matrix to validate/ authenticate transactions.
• Transferring manual accounting system to computerized using Microsoft Dynamics
• Cash Flow Management: Follow up cash status reports outlining cash balance/ bank accounts and manage cash flow effectively to ensure that the company commitments are met.
• Departmental Targets: Sets targets/ budgets for finance & accounting department, manage activities according to priorities, selects/ develops my subordinates, appraises their performance & motivate them to meet business objectives.
Delta Marketing Co. - Saudi Arabia
(Retail / Water Factory / Fitness Division) Sept.2013 till Aug.2015
• Assisting CFO for all daily transactions.
• Ensure to deliver monthly trial balance for CFO for preparation of financial statements
• Auditing for all accounting and operation activities to guarantee a proper work flow
• Problem solving
• Supervising forty Employees
• Cash Flow
• Monthly budget review
Cigalah Trading Est. - Saudi Arabia
(Biomedical Division) Oct.2011 till Aug.2013
• Budgeting
• Monthly Financial Reporting & Analysis
• Monthly review on Income Statement and assisting Business Controller
• Monthly Closing Trial Balance
• Acc. Payable and Inventory Supervisor
• Acc. Payable Aging & Acc. Receivable Aging
• Assurance for all process and documentation within the Accounting & Finance Department (Controller)
Cigalah Trading Est. - Saudi Arabia
(Pharmaceutical / HealthCare / Biomedical Division) Feb.2009 till Sept.2011
• Suppliers payment & Monthly Reconciliations
• Inventory Control
• Pricing Structures
• Controlling POs Process
• Debit Notes (Commercial Conditions)
• Aging Control Current Liabilities
• Budget & Financial Statement analysis
Cigalah Trading Est. - Saudi Arabia
(Pharmaceutical / Tender Division) Feb.2007 till Jan.2009
• Controlling Acc. Receivables and Branches Transaction
• Monthly & Quarterly Closing
• Salaries
• Assets Management
• Monthly Bank reconciliations for all Divisions
Pico Group - Egypt
(Modern Agriculture Co.) Jan.2006 till Jan.2007
• Handling all bank transactions
• Handling bank reconciliations
• Reviewing & posting,
• Supplier transactions
• Farm expenses
• Cash transaction
• Involve in the quarters & the annual's financial statements.
Pico Group - Egypt
(Modern Agriculture Co.) Sept.2005 till Dec.2006
• Head Office Branches Accountant
(O.F.C. Consultancy) Audit firm
From July 2002 till April 2005
• Reviewing & auditing financial statements for local & international companies.
Also I have good experience in preparing Balance sheets, Income statements,
Cash flows & Statements of Owners´ equity in different activities:
1. PRICEWATERHOUSE COOPERS (PWC)
2. EGYTRAV.
3. GRAPHIC AROMA.
4. HYDRO-COMP ENTERPRISES.
5. OPERATION& MAINTENENCE POWER CO. (OMPC) (BECHTEL Sub).
6. POWER GENERATION ENGINEERING & SERVICE CO. (PGESCO).
7. FLAMENCO RESORT.
8. EGYPT TELE CARD.
9. MASTERS.
10. AGIAL.
11. EGYPTIAN BIO-SCIENTIFIC EQUIPMENT CO. (EBEC).
12. FINE SEEDS INTERNATIONAL.
13. Hospitality / Travel / Tourism
PGESCO - Egypt
(Power generation engineering service co) Jun.2001 till Jul.2002
* Supplier transactions
* Client transactions
* Payroll account
* Bank Reconciliations
* Learning how to work on the Oracle
Courses: • MBA in Management & Finance • Ain Shams University 2004 , Accounting Section • Accounting 1,2&3 (American University in Cairo) • Basic finance (American University in Cairo) • Business economics (American University in Cairo)