Financial Manager
Young Scholars of Egypt
Total years of experience :14 years, 4 Months
2017-07 - Current Financial Manager
Young Scholars of Egypt- micro school
• Established budgetary benchmarks and formulated financial management strategies by researching operating and historical financial records.
• Managed accounting-team, entering and organizing payroll, adjustments and monthly accrual information.
• Identified and investigated variances to financial plans and forecasts.
• Control and reduce audit costs and accurately prepared year-end financial statements.
• Drafted reports for leadership for use in strategic planning and decision making.
• Generated revenue and reduced costs by recommending innovative alternatives.
• Improved revenue compliance with corporate revenue standards.
• Help in planning & Budgeting for overall marketing plans and marketing campaigns.
• Record & Control all expenses on Accrual basis
• Provide updated information on Actual & Anticipated Spending
• Help control Actual Spending in line with budgets
• Recommend Budget Reviews when Necessary when performance deviates from forecast or plans
• Control Purchasing for Best Efficiency (Value vs. Cost)
• Help in Controlling Vendor Contribution and Timely Claims
• Monitoring and managing the budget for each brand and for whole marketing sector.
• Ensuring proper processing, approval and regular recording of all marketing expenses.
• Managing all financial transactions with vendors in a way which guarantees getting the best prices and matching delivery with payments.
• Managing vendors' claims to make sure that the company is reimbursed for business partner contributions into marketing budget.
• Preparing management reports concerning all financial aspects and budgetary issues, monthly, quarterly and annually
• Audit planning includes developing an overall strategy for the expected conduct and scope of the audit; assess level of control and inherent risks, preliminary judgment about materiality levels for audit purposes.
• Develop analytical procedures and audit procedures.
• Performing a preliminary risk assessment to identify high-risk areas and sample size and the proper audit procedures.
• Conduct the audit field work
• coordinate the audit staff, directing the efforts of assistants involved in the audit.
• Monitor and control the progress of audits in accordance with Generally Accepted Auditing Standards.
• Review permanent file and audit working papers.
• Perform examination of financial statements, financial reviews and other agreed upon procedures with the clients for a variety of industries.
• Participate in close out meetings to discuss findings and recommendations with auditee’s management.
• Preparation of financial statements in accordance with applicable Egyptian Laws and regulations.
• Writing management letter and reports of recommendations and suggestions in order to improve their financial management capabilities.