خالد Ismael

Performing month end closing, Calculating and preparing adjusting entries, Preparation of IS, BS and other supportive reports, Performing variance analysis budget and rolling forecasts, Providing management analytical supports in sales margins, Preparing analyses for Return on Investment (ROI) for specific initiatives, Cost control and raising other departments overall financial awareness by delivering presentations and training .

Commercial accounting role involving the below tasks:

-Trade and Marketing Investments:

• Analyzing trade spend for channels and business units, comparing actual spend vs budget and In Market Sales trend.

• Reviewing customers contracts to assure alignment with budgets.

• Calculating distributors year end bonus based on achieved sales.

• Managing month end accrual for trade investments and marketing.

• Calculating consumer promotion cost, analyzing the effect of this promotion on business unit gross margin and making needed adjustments and provisions.

• Distributing trade investment and marketing analyses.

-New Products Development:

• Worked closely with marketing team in preparing financial proposal for new products rolling out projects, financial proposal used by top management to justify the acceptance or the decline of the new product rolling out.

• Providing advices to management related to NPD’s based on gross margin percentage.

-Pricing:

• Responsible for granting final finance approval on pricing, developing, maintaining and updating Price structures for Egypt and NA region ( Tunisia, Morocco, Algeria, Sudan, Ethiopia, Djibouti and Malta ).

• Reviewing price lists and communicating prices to our distributors.

• Reviewing distributor’s importation differences.

• Identifying price increase opportunities and threats,

• Revaluating of distributors stocks in case of price increase.

-Distributor Audit:

• Auditing our distributors regularly to manage distributors P&L and assure their profitability is within the agreed contracted amount and to prevent overpaying of rebates .

-Reporting And analysis


• Elaborate profitability analyses for new SKUs/products/channels.

• Distributing Monthly KPI’s information.

• Support the Financial Controller and the team on presentations which includes financial data.


• Preparing the monthly stock report with improved analysis and insight.

• Preparing the monthly In Market Sales report with improved analysis and insight.

 Compile and analyze financial information to prepare entries to accounts such as general ledgers and document business transactions.
 Establish, maintain and coordinate the implementation of accounting control procedures; monitor and review accounting and related system reports for accuracy and completeness.
 Prepare and review budget, revenue, expense, payroll entries, invoices and other accounting documents.
 Recommend, develop and maintain financial data bases, and manual filling systems.
 Interact with Internal and External Auditors in completing audits.
 Interact with tax consultant in completing tax inspections.
 Maintenance of the general ledger. Inputting and ensuring the accuracy of the general ledger bookings and analyses movement of accounts.
 In charge of Accounts Receivable. Ensuring the client invoices are issued properly, invoices are reconciled with statements. Produce aged debtor’s reports. Ensuring prompt deposit of client receipts.
 In charge of Accounts Payable. All local and foreign supplier payments in line with company procedures, and agreements with the respective suppliers. Monthly reconciliations of supplier accounts.
 Prepare monthly bank reconciliation for all bank accounts maintained by the Company and to resolve differences if any in a timely manner.
 Prepare the monthly Balance sheet scheduling and related analysis.
 Review distributors’ discounts & allowance which based on contracts and ensure their claims match with these contracts.
 Setup tools to track marketing spend and ensure matching with marketing budget.