Finance And Adminstration Manager
Sigma Paints Egypt
Total years of experience :25 years, 9 Months
Planning: Strategic planning for 5 years, prepared and reviewed annually, based on the country economic indicators ( GDP, Inflation and exchange rates ) Sales Forecast in corporation with sales department using the market volume and price increase rates Budget preparation in a division level and consolidated to corporate level Monthly revision to the budget performance and analyze the deviations for making corrective actions Financial Management Guide financial decisions Managing cash flow Controlling Working Capital and Cash Conversion Cycle through the KPIs ( DSO, DOI & DPO ) in order to provide proper advices to the company management board to improve Working capital performance Establish, monitor and enforce policies, procedures and internal control Ensure the compliance of all the financial transaction with the laws, corporate policies and code ethics Supervise the daily accounting activities for providing timely manner financial reports. Provide Monthly accurate Financial reports and KPI’s timely manner to support decisions making Manage the Financial information systems Monthly monitoring performance reports actual vs. budget , analyze favorable and unfavorable variances and propose corrective action plan to ensure that the company’s GP & overheads performing in line with company budget Reviewing AR aging status with respective sales manager. Implement, Direct and reviewing Stock and control procedures to avoid ( Stock variance, Obsolescent stocks ) Responsible for all audit operations for internal audit and liaising with externally audit team, ( KPMG, MAZAZS ) Comply with Egyptian Taxes regulation ( Income tax, Salaries tax, Sales tax and Stamp Tax )
Pricing Campaigns feasibility studies Contribute in Strategic Business planning and development as a member of senior management team Budgeting preparation Annually, Monthly Comparison Between Actual & Planed Figures Monitoring the stock Movement to activate the slow moving items Finance & Accounting Functions Controlling the Financial Policies. Treasury ( Cash & Banks ) management & Reconciling Implementation of Accountancy systems Reviewing fixed Assets Register and follow up recording of fixed assets Reviewing Calculation of depreciation and control monthly sheets Review suppliers status and control accounts payable Review account receivables Status Follow up collection of account receivables Control and monitor the company expenses according to the budget Review bank reconciliation’s Prepare financial analysis & statically reports Prepare The Financials ( Income statement, Balance sheet Monthly base ) With respect to the Managerial Accounting and translated Translate The Financial Statement Into EURO Monthly with respect to the IFRS and Report to the CFO in Turkey Preparing the financials Annually According To EAS in cooperation with the Audit Team From (Price Water House Coopers then MAZARS & Mustafa Shawki Office ) Costing Function Review the Bill Of Material and the consumption Monthly Reviewing the Direct Labor cost and distribution per Production Orders Monthly Reviewing the Factory overheads distribution as a batch of Production Order Monthly Assignment the cost per product Reviewing the Cost of Goods Manufacturing Reviewing the Cost of Goods Sold
Tax Function In Cooperation With MAZARS Mustafa Shawki Tax Service Dept., Handling Tax inspection Operation With the tax inspectors and reviewing Tax Returns for all Tax Kinds as Follows : Sales Tax ( Egyptian Regulation ) Monthly Base declaration Salaries Tax ( Egyptian Regulation ) Monthly Base declaration and quarterly base revision Withholding tax (Egyptian Regulation) Quarterly Base declaration. Corporate Tax ( Egyptian Regulation ) Annually Base return
financial & Accounting software Package consultant
Study the case before the package (As it is )
Gap analysis between as it is situation and the objective to be done including reporting and build the chart of accounts, Cost centers, and the links between the modules to reach the objective reports
train the staff on how to use tge new system
Review sales invoices (Accounts receivable) Review sales invoices Mach sales invoices with store voucher Review Expenses & petty cash Review safe daily sheet Preparing Daily cash flow report Preparing monthly Trial balance Monthly match the general ledger balances with the ledger Monthly preparing sales tax report in order to present it for sales tax authority Monthly stock Fiscal Count and Match the real stock with book stock, and make related adjustment
Review sales invoices (Accounts receivable) Match sales invoices with store voucher Review Expenses & petty cash Review safe sheet daily Preparing Daily cash flow report Preparing monthly Trial balance Monthly match the general ledger balances with the ledger Monthly preparing sales tax report in order to present it for sales tax authority Monthly stock Fiscal Count and Match the real stock with book stock, and make related adjustment
Review The Sales tax Reports For three companies Prepare Sales tax Reports For two Companies Coordinate with the Companies Accounting Stuff in the sales tax Inspection Prepare & Review Withholding Tax Report for two companies
Comprehensive and applied researches study covered below subjects : - Corporate Finance - Organizational Behavior - Production & Operation Management - Marketing Management - Strategic Management - Management Info. Systems - Managerial Accounting - Managerial Economics - Financial Assets valuation & Investment - Financial Analysis - HR Management - Research Methodology - Multi-National corporate Finance - Advanced Corporate Finance - Readings in Finance - Research Paper "Efficiency of Working Capital Management and Firm’s profitability"
2 Years of Comprehensive Studies of Financial accounting applications and : covered the below subjects - Accounting Information Systems - Cases In Accounting - Cases in Egyptian corporate tax - Operation Research in Accounting - Advance Cost Accounting - Applied accounting in Financial institutions - Application in International Accounting ( Financial statement translation ) - Application in Holding companies accounting ( consolidation ) - Egyptian Accounting Standards - Audit standards - Research Paper in "revenue recognition and matching with expenditure"
I have studding Business administration at the most famous businesses school in Egypt 3 year of general business administration and the 4th one was only accounting