إبراهيم لطفي

Finance Manager/ 2012 -up to now 2020.
o Reviewing financial reports and processes for quality.
o Diving deep to identify the root cause of any quality failure.
o Assist in the formulation of the corporate strategy for the year and finalization of annual targets along with other functional heads to implement the strategic directions.
o Coordinate the setting up of sales projections and of purchase budgets based on projected sales for each shop in the territory and each department.
o Coordinate operational, seasonal, buying budgets with the various management teams, including financial projections and cash flow statements, and ensure that they are prepared and finalized.
o Analyze budgets of the Concept and Territory operations monthly, discuss and revise allocations if necessary
o Monitor the income and expenses versus budget, track the variances, recommend corrective actions and follow-up on remedial actions to ensure the adherence to the budget and to support the effective monitoring of performance within the budget.
o Conduct reviews and evaluations for cost-reduction opportunities.
o Evaluate and present feasibility of new projects and assess the financial implications of new or existing stores/ventures.
o Monitor Capital Expenditure plans for various territories.
o Ensure optimal/economic stock holding by negotiation and review arrangements with local suppliers.
o Supervise, control and authorize all purchases and align the stock levels.
o Prepare VAT returns and withholding tax

o Prepare budget & financial reports in which are sent to my direct manager
o Complete financial reports, lead month-end closing process and conduct monthly financial forecast.
o Ensure accurate and timely monthly and year-end close
o Manage completion of month-end and year-end reporting to division and in line with requirements and timetables
o Reviews monthly bank reconciliations for all accounts ensuring that all reconciling items are resolved on a timely basis
o Review & approve payment vouchers & journal entries
o Liaison with auditors and prepare audit and zakat schedules
o Monitor expenditures, analyze revenues and determine budget variances and report the same to management

o Preparation of payments, recording and maintaining all accounting records
o Reconciling account balances and bank statements
o Maintaining of general ledger, accounts payable, accounts receivable and payroll function and periodic/annual reconciliation & closing of the books
o Filling in weekly activity reports within a timeframe suitable to management

o Preparation of payments, recording and maintaining all accounting records.
o Perform monthly reconciliations of general ledger accounts
o Prepare monthly provision of accrued expenses
o Prepare and maintain fixed assets master and run monthly depreciation
o Carry out general accounting activities. Prepare journal entries and keep ledgers for recording transactions pertaining to assets, liabilities and capital accounts. Verify financial transactions;
o Reconcile financial accounts data including bank statements. Compare actual balance against received and disbursed amounts within the financial period. Report and resolve any irregularities;
o Process invoices including data entry, matching invoices and validating approvals
o Reconciliation of vendor payments and follow up with vendors
o Prepare, review and process the payments as per the purchase orders and agreements with vendors and suppliers

4- Sama Company (Egypt)

Period: 2001 till 31 Dec 2003
Position: General Accountant.

* Handling Accounts Payables
* Reconciling Bank Statement,
* Supervising Payroll Statement,