هشام ابوبكر

Responsibilities:-
Present
Accounting functions:-
1- Managing three general ledger of three different legal entities for Cargill owned companies in Egypt
2- Control over Corn, Beans, Wheat, SBM & Sugar import and distribution business
3- Preparing Cargill TB through mapping accounts to Cartesis ( SAP business objects system ) accounts,
4- Uploading trial balance on JD Edwards Oracle application and handling any adjustments entry after the upload process
5- Handling the commodities vessels cost accounting cycle
6- Handling the production/sales costing journals
7- Monthly BS accounts reconciliation & analysis - Perform Close Process
8- Manage Asset Accounting ( fixed assets & CIP register )
9- Payroll & other personnel cost accounting
10- Monthly balances translation & FX transaction calculation
11- Handling Plant spare parts issuance/allocation
12- Handling monthly needed accounting & tax accruals/amortizations
13- Process/Reconcile Intercompany transactions
14- Reconciliation of bank statements and maintaining the bank basic accounts
Financial reporting functions:-

Finalize all aspects concerning monthly, quarterly, year-end reporting matters and other supporting schedules.
1- Preparing monthly P&L by commodities
2- Reconciling P&L with trading team
3- Preparing Web P&L, P&L summary, Operation statistics and Management booklet for financial analysis team
4- Recording Cargill historical rates for appropriate accounts.
5- Preparing all other required schedules. (FX, derivatives, PPE).
6- Prepare supplementary information collected for portal schedules (Cut-off provision movement- fixed assets analysis, G/L on fixed assets, G/L for scrap, service sold to outside/intercompany, report figures for general reserves, report head count for portal schedules).
7- Prepare translation reconciliation schedule and run it on JD Edwards.

Budget :-
1- Prepare required forecasted financial statements ( P&L - B.S - Cash flow ) for budget
2- Directing budget discussions with different company departments
3- Prepare required budgeted calculation for fixed assets depreciation.
4- Prepare other required data for other budget schedules.

Tax and legal responsibilities:-
1- Prepare local TB for the external auditors
2- Preparing and analyzing the company statuary financial statements
3- Prepare monthly & quarterly tax reports ( sales tax - payroll tax - withholding tax )
4- Coordinating with company tax advisory for any legal tax issues
5- Finalize local & international tax reporting schedules
6- Coordinating with company legal advisory for any legal issues
7- Responsible on company insurance assets & dealing with insurance companies.

Capex & Fixed assets management
1- Managing all Capex projects ( Base & Non Base ) in the Port location
2- Prepare commitment financial model for all Capex projects with full calculation of all financial measures (NPV, IRR, Payback …etc)
3- Tracking spending on each Capex project and executing uploading process on Arena system

key achievements:-
1- Consistently met deadlines while demonstrating strong analytical and problem-solving skills to achieve corporate objectives
2- From the date of handling reporting process and NSC has zero score card
3- Developing other team members in financial reporting process.
4- Effectively sharing in preparation of financial statements in both US GAAP & Egyptian GAAP.
5- Served as a major key in effectively monthly & annual revenue growth.

Seven Years experience in the field of financial, managerial accounting & treasury field Comprehensive knowledge of financial statement preparation and analysis. Proficient in analyzing internal Control and Applying Compliance with Chosen criteria.
Proven ability to manage multiple assignments while meeting tight deadline schedules .
Possess reputation as a self - directed professional with excellent problem solving, analytical and communication skills
Proven track record of performing work in an ethical manner while consistently maintaining the integrity of all financial data.
Strong relationship - builiding skills and effective collaboration with management, coworkers, vendors and clients

AREAS OF EXPERTIS
Finance Treasury Accounting
 Financial reporting  FX exposure  GL account reconciliation
 Financial analysis  Cash management  Fixed assets
 Budget preparation  Market analysis  Payables & Tax


Financial reporting & Accounting Key achievements:-
1-Consistently met deadlines while demonstrating strong analytical and problem-solving skills to achieve corporate objectives
2-From the date of handling reporting process and NSC has zero score card
3-Developing other team members in financial reporting process.
4-Effectively sharing in preparation of financial statements in both US GAAP & Egyptian GAAP.
5-Served as a major key in effectively monthly & annual revenue growth.
6-Developing the payables payment process from manual checks to computerized checks issued through the system.

Treasury Key achievements:-
1-Effectively sharing in building treasury team in Egypt.
2-Backed up the treasury manager for several times.

General Key achievements:-
1-Nominated in Cargill recognition program for the employee of the quarter.
2-Recognition from audit risk assessment committee and company management for managing the project of record information management ”RIM” through establishing archive rooms for the company and apply document retention period for all the company departments and shredding unofficial documents.
3-Managing the process of renewing the company insurance policies in one consolidated policy cover all risks

Responsibilities:-
2011 - 2013 present

Financial reporting functions:-
Finalize all aspects concerning monthly, quarterly, year-end reporting matters and other supporting schedules.
1-Preparing Cargill TB through mapping NSC ( Microsoft dynamics system and Motamem system ) accounts to Cartesis ( SAP business objects system ) accounts,
2-Uploading NSC trial balance on JD Edwards Oracle application and handling any adjustments entry after the upload process
3-Preparing Web P&L, P&L summary, Operation statistics and Management booklet for financial analysis team
4-Reconciling NSC local FX to Cargill FX.
5-Recording Cargill historical rates for appropriate accounts.
6-Preparing all other required schedules. (FX, derivatives, PPE).
7-Reconciling Inter company balance.
8-Prepare supplementary information collected for portal schedules (Cut-off provision movement- fixed assets analysis, G/L on fixed assets, G/L for scrap, quantity sold to outside/intercompany, report figures for general reserves, report inventory value/valuation to be used in portal schedules, report head count for portal schedules).
9-Prepare translation reconciliation schedule and run it on JD Edwards.
Budget :-
1-Prepare required forecasted financial statements ( P&L - B.S - Cash flow ) for budget
2-Directing budget discussions with different company departments
3-Prepare required budgeted calculation for fixed assets depreciation.
4-Prepare other required data for other budget schedules.

Tax and legal responsibilities:-
1-Prepare monthly & quarterly tax reports ( sales tax - payroll tax - withholding tax )
2-Coordinating with company tax advisory for any legal tax issues
3-Finalize local & international tax reporting schedules
4-Coordinating with company legal advisory for any legal issues
5-Responsible on company insurance assets & dealing with insurance companies.

Accounting functions:-
Prepare Local TB & Interact with external auditors in the areas that fall within my scope to finalize the attestation process.
1-Prepare appropriate mapping to create local TB.
2-Trace any “out of books” entries done by the auditors
3-Provide external auditors with the needed reports/analysis to help them achieve their process effectively and efficiently.

Handling pre & post monthly closing tasks.
1-Preparing appropriate sheets to calculate monthly accruals and amortization to be recorded.
2-Handling fixed assets register in both local and Cargill rates (additions/disposals/depreciation).
3-Handling CIP register in both local and Cargill rates.
4-Preparing Balance sheet reconciliation for relevant accounts.
5-Reconciliation of bank statements and maintaining the bank basic accounts.

Treasury functions:-
1-FX Exposure: -prepare & Manage NSC exposure within approved limits.
2-Cash Mgmt: -Daily management of accounts balances and cash flow for -Transfer of funds, follow up and confirm value dates.
-Investment of surplus cash in fixed income tools
3-Foreign Currency: -Spot purchase of Foreign currency.
4-Debt Management: -Daily Repayment of Debt from surplus cash
-Assisting in raising new debt
-Choosing currency of new debt in accordance with FX Exposure position desired.
- Verify month end bank interest charges and bank commissions deducted as per agreement with the Bank to monitor and detect any mistake in calculations and claim refunds/correction.
5-Trade Finance:
- Coordinate with Trade execution on documents presentation to the bank.
- Letters of Credit.
6-Treasury Reporting: -Daily Market Performance Report.
-Consolidated debt/cash report.
-prepare weekly short term debt report.

2010-2011
• Sharing in preparing and analyzing the company financial statements.
• Preparing different reports using ratio analysis to assess the company. position of (liquidity- financial leverage-earnings quality-profitability ratios).
• Preparing company cash flow statement.
• Preparing company profit/loss statement.
• Assisted the external auditors (KPMG).
• Maintenance of daily bank transaction reports & overseeing a balance in outgoing & incoming funds.
• Reconciliation of bank statements and maintaining the bank basic accounts (Loans & overdraft accounts and its interests-deposits statement and its interests-issuing and renewing of company L/CS (sight & deferred).
• Responsible for negotiating with the bank to further credit facilities of the company.
2008-2010:-
• Maintenances Fixed Asset daily transactions such as addition, retirement, transfers and adjustment for capital assets to ensure that company policies in respect of depreciation and capitalization of assets are adhered to.
• Prepares the depreciation sheet analysis.
• Prepares required month-end reconciliation reports.
• Reconcile sub-ledger account of fixed assets with the general ledger.
• Reporting over dues to ensure on time collections and proper cash management.
• Ensure adequate bad debt allowances
• supervise payments and accruals.
• Overseeing monthly debtor’s collection plan
• Supervise invoicing process
• Prepare A/R aging schedule with measuring A/R turnover and days of receivables
2006-2008:-
• Manage the invoice administration and processing (check validity and completeness of invoices / credit notes; set-up and maintenance of master vendor data records).
• Review the company purchase requests.
• Prepare payment proposals.
• Follow-up and resolve payment issues, stopping payments.
• Managed Inventory entries.
• Responsible for preparing estimated and actual budget for each department in the company.