Emad Lotfy, Accounting Manager

Emad Lotfy

Accounting Manager

TTWOER for Contracting & Supplies co.

Location
Egypt - Cairo
Education
Bachelor's degree, Accounting
Experience
19 years, 6 Months

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Work Experience

Total years of experience :19 years, 6 Months

Accounting Manager at TTWOER for Contracting & Supplies co.
  • Egypt - Cairo
  • My current job since April 2014

- Manage daily operations of the Accounting Department to ensure accurate and timely recording, and posting of financial transactions to its related ledger accounts.
- Prepare and Interprets Periodic and requested management reports, financial statements and summaries (monthly, quarterly and annual).
- Ensure company’s policies, rules and workflow are applied and recommend improvements.
- Ensure all suppliers’ bills and credits are accurate reconciled after all deductions are applied according to the company policy.
- Monitor expenses and Prepares payments after verifying documents.
- Petty Cash control and reimbursement process approval.
- Follow-Up customer’s balances, invoices, and collections on due time.
- Ensure job costs are well matched with its posted revenues.
- Perform all month-end and year-end accounting procedures.
- Cash flow management by Monitoring and interpreting cash flows and predicting future trends.
- Check bank statements and Prepare bank reconciliations.
- Negotiate with Banks for different facilities.
- Controlling inventory and perform physical existence check from time to time.
- Manage fixed assets records and ensure depreciation schedules are up to date.
- Payroll management by ensuring accuracy of pay, Tax calculations, and Social Security calculations on monthly basis for each office.
- Prepare and auditing taxes declarations and dealing with taxes’ authorities.
- Supports budget and forecasting activities to evaluate the performance and recommending proper actions.
- Maintain filing of financial data and keeping financial information confidential.
- Liaising with auditors to ensure annual monitoring is carried out.
Leading and supervise the team to reach the required accuracy and efficiency.
- Others.

إدارة العمليات اليومية لإدارة الحسابات و التأكد من صحة و دقة المعالجة المحاسبية وعمليات التسجيل و الترحيل المختلفة.
التأكد من تطبيق سياسات الشركة و التعليمات المختلفة و إقتراح السياسات المناسبة.
التأكد و مراجعة حسابات الموردين و الدائنين و صحة الترحيلات لكل حساب.
مراقية المصروفات و المراجعة المستندية و الفعلية لعمليات السداد.
مراجعة المصروفات النثرية و العهد المستديمة و المؤقتة و عمليات الإستعاضة.
متابعة أرصدة حسابات العملاء و إصدار الفواتير و عمليات التحصيل.
تحليل العمليات و تكلفتها.
حفظ المستندات المالية و أرشفتها و المحافظة علي سرية المعلومات .
إدارة التدفق النقدي و مراجعة الكشوف البنكية و إعداد التسويات البنكية.
التفاوض مع البنوك للحصول علي التسهيرت المختلفة.
المراجعة المستندية و الفعلية للمخازن و القيام بأعمال الجرد.
مراجة كشوف الأجور و الإستقطاعات المختلفة لكل قسم.
تسجيل الأصول الثابتة و قياس الإهلاكات المختلفة و عمليات التحقق الدورية,
أعداد و مراجعة ضرائب المبيعات و الخصم و الإضافة تحت حساب الضريبة .
إعداد التقارير المحاسبية و الإدارية و الملخصات المالية دوريا و عند كل طلب و تفسيرها.
متابعة الموازنات المالية المختلفة و تقييم الأداء و قياس الإنحرافات و تقديم الإقتراحات.
إدارة فريق العمل بكفاءة و فاعلية لتحقيق أفضل أداء للمنشأة.
التعاون مع المحاسب القانوني لضمان أداء عمليات المراجعة .
أخري

Accounting Manager at ABC Technology
  • Egypt - Cairo
  • January 2010 to March 2014

- Manage daily operations of the Accounting Department to ensure accurate and timely recording, and posting.
- Ensure and recommend applied company’s policies, rules and regulations.
- Ensure all suppliers’ bills and credits are accurate reconciled.
- Monitor expenses and Prepares payments after verifying documentation.
- Petty Cash control and reimbursement approval.
- Follow-Up customer’s balances, billing, and collections on due time.
- Cash flow management by Monitoring and interpreting cash flows and predicting future trends.
- Negotiate with Bank and suppliers for different facilities.
- Controlling inventory and workflow process.
- Payroll management: ensuring accuracy of pay, Tax calculations, and Social Security calculations on monthly basis for each office.
- Prepare and auditing taxes declarations and dealing with taxes’ authorities.
- Prepare and Interprets management reports, financial statements and summaries (monthly, quarterly and annual).
- Preparation of Ad-Hoc reports requested by the executive management.
- Maintain financial filing data for the property department.
- Supervise all month-end and year-end accounting procedures and this includes preparation and entry of journal, accounts payable, receivable and general ledger computer systems.
- Liaising with auditors to ensure annual monitoring is carried out.
- Leading the team to reach the required accuracy and efficiency.
- Others.

\[ Design business analysis and Chart of accounts to implement
ERP system.
Prepare and Attend the Sales tax Check by the tax authority. \]

Accounting Manager at Anyway For Textile & Readymade Garments
  • Egypt - Cairo
  • July 2006 to December 2009

Auditing and approval of the accounting records, journal, and general
ledger.
Prepare management reports, financial statements and summaries
(monthly, quarterly and annual).
Negotiating with banks for credit terms and interest minimization of
credit facilities
Preparing and auditing the monthly report of sales tax & Dealing with
sales tax administration.

\[ I designed the flow work documents and the financial control system . \]

Accountant at Arabian German for manufacturing and wood product S.A.E.
  • Egypt - Cairo
  • December 2004 to June 2006

Prepare and auditing payrolls, social security accounts, income tax, and preparing annual clearing sheets.
Follow-up of suppliers' credits.
Auditing sales invoices and Follow-up customer balances.
Ensure accurate application on WHT on different business
transactions, Preparation and submission of quarterly WHT and Form 41.
Others.

\[ Prepare and Attend the Income tax Check by the tax authority for previous four years. \]

Education

Bachelor's degree, Accounting
  • at Faculty of Commerce, Cairo University.
  • May 2003

Specialties & Skills

Auditing
Accounting
Financial Reporting
Financial Analysis
Financial Accounting
Peachtree
Quickbooks
Financial Reports
Leading financial team
Budget analysis
Openerp

Languages

English
Intermediate

Training and Certifications

(Certificate)
Date Attended:
August 2014
(Certificate)
Date Attended:
May 2014
(Certificate)
Date Attended:
July 2014
MS-Office (Certificate)
Date Attended:
April 2001
Valid Until:
June 2001

Hobbies

  • Reading