Khaled Mahmoud

Prepared monthly financial statements, e.g. B/S, I/S, C/F, etc.
Managed accounting staff, & oversee the accounting dept. to ensure proper maintenance of accounting systems & functions.
Reviewed the daily accounting & financial operations, e.g. Suppliers’ payments, Petty cash replenishments, Customers’ receipts, Banks reconciliations for all checking, L.G, L.C, & Overdraft accounts, etc.
Restructured, established, and refined the modern & recent chart of accounts, using ERP ORACLE system.
Developed & revised the accounting information system, based on the most recent policies & procedures.
Restructured a complete, refined, & strong Stores & Inventory Control system.
Built strong & effective banking relationship to facilitate the daily banking operations for issuing all types of granting credit facilities, e.g. L.G, L.C, Overdrafts, through many reputable big banks in Cairo.
Prepared upon request by banks, the forecasted cash flow statements for each new project.
Reviewed both internal & external audit reports.
Managed preparation of the annual financial budgets.
Managed the daily cash transactions, and monitor the liquidity position on daily basis.
Attended the weekly credit management meeting to follow up the customers’ collections through using an accounting tool, e.g. Aging report.
Prepared necessary Financial Analysis Reports for Top Management.
Managed the Insurance system for each new project.
Reviewed all taxation reports prepared on monthly & Quarterly basis for all types of Tax system in Egypt.
Checked, reviewed, & approved the monthly Payroll.

1- Preparing monthly financial statements, e.g. B/S, I/S, C/F, etc.
2- Supervising a team work of accountants.
3- Reviewing & approving the daily financial operations & transactions.
4- Adhering to timely month end closing - five working days.
5- Established, revised, & organized the internal control structure of the business.
6- Cooperating with both internal & external auditors to complete their tasks properly.
7- Attending the general management recurring meetings to discuss the periodic financial reports.
8- Preparing the annual budgets, & controlling the variances.
9- Providing necessary financial analysis to management.
10- Practicing Daily cash management based on the adopted business policy.
11- Controlling the collection processes from customers during the periodic meetings with sales dept.
12- Established a cost accounting system suitable to manufacturing operations.
13- Approving Reconciliations on monthly basis for all the Bank accounts.
14- Approving Reconciliations on monthly basis for all suppliers’ accounts.
15- Established full Financial & Cost Accounting System using ERP accounting system called “F O C U S “
16- Approving the monthly payroll prior the actual payment.

1-Preparing monthly financial statements, e.g. B/S, I/S, C/F, etc.
2-Managing the accounting team properly, from setting up the annual vacation plan till providing annual performance evaluation report, based on the group policy, regulations, & rules.
3-Reviewing the daily accounting & financial operations, e.g. Suppliers،¦ payments, Petty cash replenishments, Customers،¦ receipts, Banks reconciliations, etc.
4-Developing continuously the accounting information system, based on the most recent policies & procedures recommended by management.
5-Cooperating with both internal & external auditors to complete their tasks properly.
6-Attending the monthly Top Management meeting to discuss the monthly financial Reports.
7-Participating to prepare the annual financial budgets on annual basis.
8-Managing the daily cash transactions, and advising the liquidity position to G.M. & the Financial Controller.
9-Managing the EURO exchange rates on daily basis on our trading payables transactions.
10-Attending the monthly Credit Committee meeting, to discuss & improve the cash collections from customers.
11-Preparation of quarterly Cash Budget to assist management to monitor the cash properly, to avoid any sudden shortage of cash which may affect the daily operations.
12-Preparing necessary Financial Analysis Reports for both CFO. & G.M.
13-Checking, reviewing, & approving the monthly Payroll.

1-Managed Properly and timely management of company،¦s cash plan, receipts and disbursements.
2-Followed up for trading collections by reviewing the A/R aging with both A/R accountants and sales managers & persons.
3-Prepared of both GLC and ITI annual budget and forecasts when required by the management
4-Coordinated with the auditors of the company and complience with all audit requirements.
5-Followed up and co-ordinated with auditors and staff for all Taxation matters.
6-Ensured to replace the cost accountant during his absence.
7-Checked of payment vouchers, supporting documents before sending to General Manager.
8-Prepared of monthly financial package.
9-Checked, reviewing and signing Bank Statements, Suppliers, and monthly reconciled accounts.
10-Ensured reconciliation of needed accounts on monthly basis such as A/R GL, A/P GL and preparation of schedules such as accruals.
11-Adhered to timely month end closing - 3 working days.
12-Defined proper foreign exchange rates on montthly basis.
13-Monitored of inventory levels movement and classification, stock taking and other areas related to.
14-Reviewed with the cost accountant the Standard Cost revaluation and assess impact on company،¦s account.
15-Checked and verified monthly payroll.
16-Reviewed on monthly basis to ensure control over the company،¦s issued bank guarantees.
17-Liaison with both external & internal auditors and to implement their recommendations.
18-Handled all insurance matters in the company.
19-Prepared of cash flow statements & forecasted one whenever required by the top management.

Restructured, established, and refined the whole Accounting Information System (AIS) of the business, including the Internal Control Structure (ICS), & chart of accounts.

Managed the accounting department, handled all financial accounting aspects of the company \[e.g. book keeping & recording all transactions data (e.g. preparing asset, liability, & capital accounts entries, plus, documenting financial transactions) in the related accounting records\], controlled the petty cash & cash payments, and performed timely accurate monthly banking reconciliations.

Generated and reported directly to the Chairman of the business all the regular financial reports on monthly and yearly basis, according to GAAP \[e.g. B/S, I/S, C/F, & Partners’ Equity Statement\].

Prepared the needed financial information analysis, and supported responsible financial actions and decisions.

Participated with top management in developing company’s financial strategies.

Managed international suppliers’ accounts.
Organized payments with the German head office, and ensured settlement on a timely basis.
Supervised posting invoices to the payables ledger precisely, allocation of payments to invoices, and running payables ledger.
Accepted accounting responsibility for the returnable deposits, sales taxes payable, accrued salaries & wages payable, payroll deductions for social security & medicare, and employee bonuses.

Answered accurately customer’s inquiries regarding sponsors’ credit policies / procedures.
Verified and approved customer’s credit standing prior to rendering medical services ordered by customers.
Created a cycle billing plan, in which the accounts receivable file is subdivided by alphabet or account number. These cycle billing plans had beneficial effect on the company’s cash flow.
Transferred A/R application from the system in which a customer’s remittances are applied against the customer’s total outstanding balance to the system of maintaining separate record for each received remittance advice slip from cash receipts for posting to customer accounts.
Received invoices & credit memos, and other invoice adjustments for posting to each customer account.
Maintained subsidiary A/R ledger, posted debits & credits to the customer account from the remittance advices, and supervised posting invoices to receivables ledger accurately, allocation of cash receipts to related invoices, running receivables ledger, and making necessary reconciliation by matching control totals from A/R with control totals received from billing and cash receipts after posting debits & credits to the A/R control account from journal vouchers that received from billing.
Authorized, by the treasurer, to write-off doubtful accounts on the receipt of the approved write-off memo which has been prepared by credit department upon the aged trial balance report which prepared by myself to help in an analysis of past-due accounts.