Regional Accounting Manager
EJADA
Total years of experience :18 years, 6 Months
▪ Management & Organizational tasks:
● Evaluate & rebuild the financial department for 2 companies’ branches in 2 different states in Egypt.
● Manage & Control the Candidate selection process (for financial staff members).
● Make necessary process control & schedule checkups for overall financial progress.
● Proceed with Charted Accountant to ensure year-end audit.
● Ensure compliance with accounting policies and regulatory requirements (Law Updates).
▪ Financial task:
● Create a banking facilities line.
● Manage & Control day-by-day Cash in (Funds & Customer Collections).
● Manage & Control Cash-Out over branches according to budget.
● Supervise financial transactions.
● Create Financial Statements & Reports for branches.
● Participates in Preparing Consolidated financial statements.
▪ Accounting task:
● Supervise A/P, A/R, Cash & Bank (transactions, Entries & Reporting).
● Follow-up Projects update, and monitor project cost & cost allocation.
● Supervise revenue recognition entries according to Projects Milestones.
● Reconcile Taxes report.
● Supervise monthly Payroll.
● Prepare the periodic financial situation & annual financial statements.
● Prepare necessary financial analysis, and recommendations for head office as a Participation in strategic data analysis.
Accounting Supervision:
• Supervise Accounts Payables Transaction (Accruals & Payments).
• Supervise Accounts receivables Transaction (Accruals & Payments).
• Customers & Vendors balance reports.
• Ageing Reports.
• Sales Analysis by Customer sector, Customer region, compared horizontally & vertically.
• Supervise Cash transaction & Cash management.
• Supervise Banks transaction & bank reconciliation.
• Reconcile Taxes report (VAT & with Held Tax).
• Supervise monthly Payroll system & procedures.
Accounting Technical Tasks:
• Build new document cycle to assure internal control standard.
• Review & Post all team transaction supported by document.
• Monitor & analyses Trial Balance.
• Prepare monthly financial reports & analyses.
Managerial Tasks:
• Build team by Hiring new team members.
• Evaluate team member performance quarterly.
• Monitors and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy
• Works with each direct employee to establish goals and objectives for each year, monitor, and advise on the progress to enhance the professional development of staff
• Work with the Charted Accountant to ensure a clean and timely year-end audit
• Achieves accounting operational objectives by contributing accounting information and recommendations to strategic plans and reviews.
• Attend Board meeting to negotiate result and decide necessary actions.
• Protects organization's value by keeping information confidential
IT Tasks using MS AX 2012 R3 ERP
• Build COA according to Consolidated accounting system Create advanced roll for each account to avoid human errors & insure reports accuracy.
• Code required currencies used in company transactions.
• Create cost Centers & other financial dimensions for reporting purposes.
• Create necessary banks & Journals with numbering sequence.
• Create Customers/vendors Groups & IDs.
Accounting Technical Tasks
Rebuild internal document cycle to make necessary control (PR, PO, Check Vouchers, Custody form…) & to meets ERP requirement & accruals base system (logical & Physical RM. inventories documents).
Supervise supply chains by audit materials PO & shipment to meets manufacturing priority.
Full responsible of assets & Cargo Insurance (Survey, prices negation & banks Allocations)
Full responsible for GAFI accounts
Participate in monthly stoke take & Salaries preparation.
Cost Control Duties:
Control all Suppliers of (RM & SRM, Service Providers) by performing Account Payable activities through:
Negotiate suppliers about prices & credit time according to Company policy, which improved cash flow and helped facilitate company’s return to profitability
Supervise and approve the matching of invoices, purchase orders and receiving reports and investigate reasons for mismatches.
Prepare timely reports based on priorities & Due dates,
Prepare payments Checks & Cash vouchers as per approved limits specified in the Delegation of Authority System.
Bookkeep all A/P transaction (Accruals & Payments) using ERP system A/P & GL modules.
Contact suppliers to check goods delivery time & payment Receiving.
IT Tasks using Sage 300ERP
Coding Accounts, Multi currencies monthly rate update, Vendors & Customers)
Give a Hand to other Colleges in using ERP module &other MS office solutions.
Full responsible for Accounts, warehouses, Suppliers& Customers (creating & codding) on ERP
Manage & Control A/P Processing using MS GREAT PLANS ERP system (A/P module & GL transactions) by review vendors’ invoices (prices, calculations & terms of payments) & make necessary transactions for periodic financial statements.
o Row materials, Sub row materials & Spare parts suppliers.
o Service providers (Maintenance, Security, insurance, consulting, Clearance & transportations)
o Assets & Projects suppliers (Machines, Building & Constructions)
o Power suppliers (electricity, water, Hearing Oils & Natural Gas) & refunded many thousands of dollar to our company.
Review inventory control entries & make necessary modifications if any.
Schedule Timely report invoices, expense & payment transactions for Cost & Budged forecasting.
Keeping account of withholding tax.
Manage vendor/supplier contacts & relations.
Participate in monthly cash salaries.
Participate in annual stock take
Responsible for Environmental book for ISO 14001
IFRS vs Egyptian financial standards and reports ethic behaviors body language
2005 Bachelor of Commerce, Accounting section