Finance Manager
Mediterra Energy Corporation
Total years of experience :19 years, 0 Months
• • Represent the Company in the JV board of directors to manage finance operations and take the proper actions to safeguard the company assets and interests.
• Managing and improving the company's entire financial accounting, monitoring and reporting systems with a full compliance to the guidelines established with the company policies.
• Ensuring monthly, Quarterly and end-year closing process (GL/AR/AP/Accruals/Payroll) are posted in a timely and accurate way with appropriate supporting information.
• Playing major role in managing the company’s Revenue, Capex and Opex budgets and manage forecasting and variance analysis.
• Furnish the various intermediate budgets stated for joint partners operations in compliance with the group main budget.
• Oversee Tax calculations and reporting. (I.e. industry taxes, Royalties, National payroll and VAT.
• Responsible for being in connection and managing all corporate, partners and annual audits.
• Negotiating & working with a variety of internal and external stakeholders on issues of mutual financial concern.
• Helping the business to respond in an agile and flexible manner to any business opportunities that may arise.
• Represent the Company in the JV board of directors to manage finance operations and take the proper actions to safeguard the company assets.
• Providing Company Directors with accurate financial information, management accounts and data analysis.
• Interpreting financial information and data.
• Analysing the on-going profitability of all ventures entered into by the company.
• Ensuring that strong financial controls and procedures are in place.
• Preparation of monthly management accounts.
• Management of monthly bank reconciliations.
• Managing the final delivery for budgets and forecasting.
• Interpreting cash flows and predicting future trends.
• Identifying the potential for making financial savings.
• Management of tax reporting and compliance.
• Handling and resolving financial queries.
• Working closely with the IT team to ensure all financial data is secure.
• Managing and developing a team of finance and AP professionals
• Managing a variety of stakeholders and their expectations through regular communications.
• Manage all company accounts and investments.
• Create monthly and annual reports to identify results, trends, and financial forecasts.
• Manage cash flow by tracking transactions and regularly reviewing internal reports
• Supervise and manage financial department staff, including accountants and financial assistants
• Consolidate business units operations and report on operational variances to forecast and budgeting purposes.
• Establish, implement, and monitor appropriate internal controls and policies to ensure conformance and compliance with U.S. GAAP and other statutory requirements (SOX).
• Participate and lead the quarterly review and annual year-end audit process with the external auditors
• Manage the various statutory tax requirements, such as income, Withholding, royalty, value-added taxes,
• Assist with various internal and external reporting requirements including debt compliance matters
• Collaborate with auditing services to ensure proper compliance with all regulations
• Ensure that all financial transactions are properly recorded, filed, and reported
• Establish and implement financial reporting systems to comply with government regulations and legislation
• Develop budgets and financial plans for the company based on research and data reports
• Review all financial plans and budgets regularly to look for cost reduction opportunities.
• Act as a Proxy to the Finance Manager in attending tendering/bid committees for the operated assets/business units.
• Assist the Group Finance Manager in presenting reports to senior executives, stakeholders, and board members.
• Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
• Maintains general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries and intercompany accounts.
• Summarizes financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
• Produces payroll by initiating computer processing; printing checks, verifying finished product.
• Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
• Secures financial information by completing database backups.
• Manage and maintain AFE cycle for the key projects.
• Analysing all expenditures incurred by the joint venture company and classify costs to main activities (Capex, Opex, Indirect cost G&A) and on monthly basis.
• •Issuing and controlling AR, Cost recovery statements, debit notes and intercompany accounts with operating JV's.
• Assist Chief accountant in monthly/quarterly closure and financial reporting to Head Office.
• Preparing cash call, periodic reconciliation of cash payments & bank statements.
• Keeping in charge for monthly reconciliation of the intercompany accounts.
• Conduct comprehensive financial audits, and state compliance audits, and agreed-upon procedures.
• Perform analytical procedures/analyses to detect unusual financial statement relationships.
• Perform internal control and substantive testing.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Propose adjusting journal entries and discuss audit findings with clients.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Document audit procedures and cross reference work papers.
• Create management representation letter comments and recommendations and draft audit reports for management review.
• Coordinate entrance/exit conferences.
• Conduct comprehensive financial audits, and state compliance audits, and agreed-upon procedures.
• Perform analytical procedures/analyses to detect unusual financial statement relationships.
• Perform internal control and substantive testing.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Propose adjusting journal entries and discuss audit findings with clients.
• Identify and communicate accounting and auditing matters to seniors and managers.
• Document audit procedures and cross reference work papers.
• Create management representation letter comments and recommendations and draft audit reports for management review.
• Coordinate entrance/exit conferences.
Arab Academy for Science and Technology- Cairo, Egypt (September 2008 – February 2011) MBA, Finance and Banking .GPA 3.85 out of 4.
• Faculty of Commerce, Tanta University, Egypt. (September 1995 – September 1999) BSc of Commerce – English Accounting Section. Grade: Good.