Mohamed Fayas

 Prepare and analyze financial statements, including balance sheets, income statements, and cash flow on a monthly, quarterly, and
annual basis, in accordance with International Financial Reporting Standards
 Supervised and coordinated the overall financial operations, including managing accounts receivable, accounts payable,
payroll, and general ledger activities to ensure financial integrity.
 Prepared financial forecasts, budgets, and variance analysis to the Finance Manager, supporting strategic financial planning.
 Led the month-end and year-end closing processes, ensuring accurate and timely financial reporting and compliance with IFRS
and local regulations.
 Reviewed and approved all accounts receivable and accounts payable transactions to ensure proper documentation, accuracy,
and timely payment/collection
 Monitored cash flow and managed working capital to ensure optimal liquidity and efficient financial operations.
 Led the preparation for internal and external audits, ensuring the accuracy, completeness, and compliance of all financial

 Prepared and analyzed monthly, quarterly, and annual financial statements and reports, providing insights for decision-making
 preparation of accurate business activity reports, financial forecasts, and annual budgets.
 Preparation of MIS report to monitor the efficiency of performance.
 Prepare the bank reconciliation and finalize the bank book and cash ledgers.
 Ensure timely closure of monthly accounts (Intercompany entries, journal entries, cost analysis, variance analysis, etc.)
 Review and reconcile general ledger accounts, identifying and resolving any discrepancies or issues.
 Calculation of expected credit loss in accordance with IFRS 9 and Proficient in IFRS 16, and IFRS 15 compliance, with a
focus on precise financial reporting.
 Engaged in ICV audit activities, collaborating with external and internal auditors
 Facilitating the preparation of tender bonds and performance bonds as part of contractual obligations.
 Generating reports on receivables, payables, aging analysis, bad debt provisions, and other financial metrics.
 Managed and maintained accurate accrual, prepayment, and fixed asset schedules, ensuring proper recording, timely
adjustments, and compliance with accounting standards
 Full ownership of Oracle Fusion implementation process and hands-on involvement at all operational levels.

 Managed invoicing, payment allocation, and reconciliation of accounts receivable.
 Monitored aging receivables and followed up on overdue accounts to ensure timely collections.
 Prepared aging reports and ensured compliance with accounting standards.
 Resolved client disputes and maintained strong relationships.
 Collaborated with the sales and finance teams to streamline billing and collection processes.
 Analyzed receivable trends to identify risks and propose improvement strategies.
 Ensured accurate recording of revenue in accordance with IFRS 15 and supported monthly closing activities.

 Processed and verified supplier invoices, ensuring accuracy and compliance with payment terms.
 Managed payment schedules and ensured timely disbursement of funds to vendors.
 Reconciled accounts payable records and resolved discrepancies with vendors.
 Monitored and reported on outstanding payables, ensuring efficient cash flow management.
 Collaborated with procurement and finance teams to ensure proper documentation and smooth payment processing.
 Maintained strong relationships with vendors and negotiated payment terms to optimize cash flow.

 Preparing the segmental reports and analyzing the profitability ratios.
 Processing vendor invoices and managing payment cycles, ensuring timely and accurate payments to vendors.
 Recording and reconciling customer payments, ensuring timely and accurate processing.
 Proficiently preparing various tax filings, including VAT, WHT and income tax, ensuring accuracy and compliance with
regulatory requirements

 Assessing and identifying potential risks within the retail company's operations.
 Evaluating the effectiveness of internal controls in place to mitigate identified risks and ensure compliance with policies.
 Conduct thorough audits by gathering and analyzing data, testing controls, reviewing processes, and transactions to identify
deficiencies or areas for improvement.

 Maintain up-to-date financial records, including entering transactions into the accounting system and reconciling accounts.
 Handled day-to-day data entry of financial transactions, maintaining accuracy and up-to-date records.
 Generate invoices, raise purchase orders, estimate requests, print quote costs for clients.

Responsible for daily financial data entry, including recording invoices, payments, receipts, and journal entries.