financial manager
Alwosat Real Esata Company
Total years of experience :18 years, 1 Months
Perform risk management by analyzing the organization’s liabilities and investments
Maintain banking relationships
Represent the company with investment bankers and investors
Decide on investment strategies by considering cash and liquidity risks
Control and evaluate the organization’s fundraising plans and capital structure
Ensure cash flow is appropriate for the organization’s operations
Supervise all finance personnel (controllers, treasurers etc.)
Manage vendor relationships
Prepare reliable current and forecasting reports
Set up and oversee the company’s TAX reporting system and compliance
Set up and oversee the company’s finance IT system
Ensure compliance with the law and company’s policies
Manage team of financial controllers and financial analysts.
Providing and interpreting financial information;
Monitoring and interpreting cash flows and predicting future trends;
Analyzing change and advising accordingly;
Formulating strategic and long-term business plans;
Researching and reporting on factors influencing business performance;
Analyzing competitors and market trends;
Developing financial management mechanisms that minimize financial risk;
Conducting reviews and evaluations for cost-reduction opportunities;
Managing a company's financial accounting, monitoring and reporting systems;
liaising with auditors to ensure annual monitoring is carried out;
Developing external relationships with appropriate contacts, e.g. auditors, bankers and statutory organizations;
Producing accurate financial reports to specific deadlines;
Managing budgets;
Arranging new sources of finance for a company's debt facilities;
Supervising staff;
keeping abreast of changes in financial regulations and legislation
Amending and revising programs as necessary, in order to adapt to changes occurring in the work environment;
Helping line managers and trainers solve specific training problems, either on a one-to-one basis or in groups
• Preparing periodic financial statements, including profit and loss accounts, budgets, cash flows, variance analysis and commentaries;
• Providing a support service by working with all departments and the management team to help make financial decisions.
• Ensuring spending is kept in line with the budget.
• Informing key strategic decisions and formulating business strategies.
• Advising on the financial implications and consequences of business decisions.
• Analyzing financial performance and contributing to medium and long-term business planning/forecasts.
• Offering professional judgment on financial matters and advising on ways of improving business performance.
• Interpreting and communicating financial data to non-financial managers.
• Liaising with other function managers to put the finances and accounts in context.
• Monitoring and evaluating financial information systems and suggesting improvements where needed.
• Implementing corporate governance procedures, risk management and internal controls.
• Support implementation of Strategy Management & the Balanced Scorecard (BSc) across the firm.
• Establish key relationships with business lines, and develop their strategy management processes.
• Assist Departments with development of strategy maps, objectives, KPIs, targets and initiatives.
• Analyze effectiveness of the BSc process & provide recommendations for improvement.
• Support optimization of Strategy Management & Balanced Scorecard process.
• Support awareness training of BSc through communication, trainings, briefings, etc.
• Support awareness training of the firm’s Strategy through communication, trainings, briefings, etc.
• Implement and optimize risk management processes integrated with strategy management across the organization.
• Establish and manage comprehensive KPIs that provide effective view of performance throughout.
• Monitor the KPIs to ensure their relevance and usefulness.
• Support performance reporting processes.
• Support preparation and facilitation of the regular BSc performance reviews.
• Provide insight for quarterly BSC performance reviews, support the review process itself and the review follow-up actions.
• Conduct research on industry measurement standards, benchmarking and Best Practice.
• Support the Initiative management and prioritization processes.
• Support the execution and project / programmed management of the full strategy initiative portfolio.
• Support the development, administration and use of Strategy Management Information Systems.
• Support the integration of process and quality methods with BSC.
-Under supervision, revises, and maintains status of the detailed project cost estimate/forecast to include all phases of project execution from design/engineering, material/equipment procurement and deliveries and construction contracts through start-up activities and closeout.
-Tracks and analyzes the project costs including budgetejs, commitments, actuals, accruals, and forecasts. Analysis includes forecast to budget and estimate, and forecast to actual.
-Participates in the development and improvement of project controls systems. Recommends improvements in systems, tools, and methods of project controls as required and within best practices guidelines.
-Assists in analyzing project control requirements as part of bid review process to insure all cost control requirements are incorporated into individual contracts and purchase orders.
-Interacts with other project groups in relation to cost codes, purchase order commitments, change orders and actual progress.
-Assists in creating detailed project budgets from estimates and in the development of cash flow projections.
-Works with the Project Controls Lead and Cost Lead in managing the overall project cost control efforts.
-Works with Schedulers to develop, manage, revise, and update integrated detailed project schedules including all phases of project execution.
-Assists in early identification of long lead items, resource constraints, and required project start dates.
-Monitors key project indicators and assists in the production of project reports.
-Produces forecasts of total project costs, annual costs, and monthly reports as required.
• Search for investment opportunities.
• Negotiate and close deals.
• Member at organize and marketing team for exhibitions &conferences.
Petro excellence 1 exhibition &conference ( CICC ) 02/2008
Health 1 exhibition &conference ( CICC )05/2008
ARX real estate exhibition &conference ( Conrad Hotel ) 08/2007
• Trainer and lecturer for several development courses.
• Member at supervision committee for several International magazines.
• Coordinate several campaigns with international journals, association and commercial chambers (Herald Tribune daily news Egypt, German Egypt chamber, Rotary Clubs, etc ....).
• Directing various business departments to ensure the smooth running of the company.
• Resolving contractual, commercial issues and disputes.
• Training and leading a large team, providing discipline and performance feedback.
• Developing positive direct relationships with key business contacts.
• Scheduling workload to meet priorities and targets.
• Analyzing complex data and documentation.
• Involved in the recruitment and mentoring of new staff.
• Responsible for achieving all performance related targets.
• Ensuring that best practice is followed in safety, legality and quality of service.
• Developing and supporting a cross functional culture of continuous improvement.
• Assisting company accountants in the formulation of forecasts and budgets.
• Maintaining excellent relationships with clients and suppliers.
• Undertaking staff performance reviews.
• Trainer at cooperation programs between Vision academy, and
Advanced Academy El-Haram.
Arab Open University.
AL-Shrouk Academy.
• Evaluate training requirements.
• Design training programs and professional development courses.
• Estimate costs of training operations and subsequently managed them in accordance with the budget.
• Research new and latest techniques for possible inclusion into existing training process.
• Financial Reporting and Budgets;
Assist with preparing monthly financial statements and forecasts.
Assist with preparing annual budgets.
Ensure controls are in place to ensure financial reporting accuracy.
Maximize the use of all financial reporting tools.
• General Ledger and Month-End Close;
Maintains account reconciliation for assigned Balance Sheet and Income Statement accounts on a monthly basis.
Balance Sheet Account Reconciliations.
Prepare/update/post monthly entries.
Update/maintain other Journal Entries as needed/requested.
• Accounts Receivable - large volume;
Create/maintain detailed spreadsheets for billing.
Create customer invoices.
Handle customer inquiries.
Resolve billing discrepancies.
• General Ledger and Month-End Close;
Maintains account reconciliation for assigned Balance Sheet and Income Statement accounts on a monthly basis.
Prepare Trial Balance.
Settlement Bank Account.
Balance Sheet Account Reconciliations.
Prepare/update/post monthly entries.
Update/maintain other Journal Entries as needed/requested.
• Accounts Receivable - large volume;
Create/maintain detailed spreadsheets for billing.
Create customer invoices.
Handle customer inquiries.
Resolve billing discrepancies.
• Accounts payable;
Review and verify invoices and check requests.
Sort, code and match invoices.
Set invoices up for payment.
Enter and upload invoices into system.
Track expenses and process expense reports.
Calculate tax detecting from payment amount.
Prepare and process transfers and payments.
Prepare and perform check runs.
Post transactions to journals, ledgers and other records.
Reconcile accounts payable transactions.
Prepare analysis of accounts.
Monitor accounts to ensure payments are up to date.
Research and resolve invoice discrepancies and issues.
Maintain vendor files.
Correspond with vendors and respond to inquiries.
Produce monthly reports.
Provide supporting documentation for audits.
• Prepare interior operation and cost reports.
• Prepare cost deviation analysis reports.
Strategic Investment
Sales ans Sales management Team management Project control process Quality management and supply chain Statistical quality design and control Strategic quality management, Advanced marketing research, Strategic asset management processes Total cost management enabling processes Marketing management
Analysis and design of financial and administrative integrated automated information systems