Mohamed Zahran, Senior Financial Controller

Mohamed Zahran

Senior Financial Controller

Siemens

Location
Egypt
Education
Diploma, Professional Certificate for finance and accounting
Experience
19 years, 2 Months

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Work Experience

Total years of experience :19 years, 2 Months

Senior Financial Controller at Siemens
  • Egypt - Cairo
  • My current job since April 2014

♣ Ensuring newly designed process in line with compliance requirements.
♣ Ensuring timely implementation of internal controls.
♣ Monitoring the Financial Position compared with budgets, forecast and targets.
♣ Reporting actual against budget and forecast figures, and clearing any validation error per cost center and business unit.
♣ Prepare and ensure all financial reporting deadlines are met to HQ and prepare financial analysis management reports.
♣ Monitoring all financial transaction such as liability, revenue Recognition for sales and service process, and cost booking.
♣ Monitoring the revenue recognition with deferred revenue and unbilled revenue/revenue and reconcile between the billing date and the system data.
♣ Financial audit preparation and coordinate the audit process.
♣ Monitoring Customer financial behaves and situation.
♣ Ensuring timely booking and payment process of all payables transaction related directly to projects, suppliers and employees.
♣ Ensuring timely booking and collection process of all receivables transaction related directly to projects, customers and employees.
♣ Monitoring all project financial transactions and ensuring that transactions meet SIEMENS healthcare guidelines and compliance requirements.
♣ Monitoring healthcare assets movements and transactions includes depreciation and replacement of old assets.
♣ Preparing Ageing reports for accounts Receivable (Customers), aging reports for accounts payable (Suppliers), ageing reports for employees outstanding balances.
♣ Preparing Actual Figure reports per cost center (cash flow statement, income statement and net capital employed statement)

Commercial at Siemens
  • Egypt - Cairo
  • August 2008 to April 2014

 Siemens S.A.E, Health Care Sector, Medical Solutions
• Worked as Accountant (10/8/2008 till now)
 Handling account receivable and its adjusting entries
 Handling account payable and its adjusting entries
 Handling cash box, and its concerned Vouchers
 Recording payable invoices, and payment vouchers for both Suppliers and Employees
 Preparing & adjusting Weekly Cash on hand account.
 Controlling Customers accounts.
 Recording the cash and customers check collection and processing banking transactions.
 Preparing a weekly Petty Cash Position reports
 Providing support documents for management.
 Performing other duties as assigned
 Performing employees and suppliers matching
 Performing stock master card and Stock movements - outgoing, incoming and enter branch transfers
 Performing Stock Provision and its entries
 Recording sales invoices, payments for both receivables, and payables
• Reporting
 Preparing Ageing reports for accounts Receivable (Customers), aging reports for accounts payable (Suppliers), ageing reports for employees outstanding balances.
 Preparing Actual Figure reports per cost center (cash flow statement, income statement and net capital employed statement)

• Worked as Commercial (Project Manager)
 Prepare financial offers for tenders.
 Handling tenders and its concerning documents.
 Letter of Guarantee coordinator
 Cash collector coordinator for customer service department
 Cost controller for projects.
 Contracts negotiation.
 Monitoring and following up the financial performance for service projects
 Monitoring and following up projects profitability and deviation

Chief Accountant at Al-Madina Stock Brokers Company
  • Egypt - Cairo
  • April 2005 to July 2008

• Worked as Accountant (9 Months)
 Handling cash box, and its concerned Vouchers
 Recording payable invoices, and payment vouchers
 Recording the daily entries
 Handling accounts payable and preparing Weekly accounts payable aging report.
 Handling account receivable and preparing Weekly accounts receivable aging report.
 Depositing cash into bank and controlling the depositing of customers Cheques.
 Preparing & adjusting Weekly Cash on hand account.
 Performing weekly reconciliation for Banks accounts
• Worked as Chief Accountant (1 Year)
 Controlling Customers accounts.
 Controlling the cash and customers cheques collection and processing banking transactions.
 Preparing accounts payable aging report.
 Handling accounts payable and preparing Monthly accounts payable aging report.
 Handling account receivable and preparing monthly accounts receivable aging report.
 Performing Monthly reconciliation for Banks accounts
 Preparing a weekly Cash Position reports
 Controlling Customers accounts by having contact by phone. And doing Customer’s confirmation
 Providing support documents for management.
 Performing other duties as assigned
• Worked as Customer Service (3 Months)
 Collecting Economics and financial news for supporting customers
 Technical analysis for stocks movement
 Making Purchase and Sales orders for customers
 Implement Customers orders through both back office software and sending it to brokers
 Feed back for customers
 Follow up customers accounts
 Follow up customers stocks
 Support customers for taking decisions
• Worked as Portfolio Manager (6 Months)
 Collecting and analysis Economics and financial news for supporting customers
 Technical analysis for stocks movement
 Financial analysis for companies through its financial statements
 Making Plans for purchases and sales stocks for coming weeks
 Follow up Egyptian stocks through local market and GDR market

Education

Diploma, Professional Certificate for finance and accounting
  • at AUC - The American University in Cairo
  • December 2009

• Professional Certificate for finance and accounting (AUC School of continuing Education)  Preparation of Financial Statements  Business Economics  Financial Management and Control  Managing People  Financial Reporting  Accounting Information System  Management Accounting I  Management Accounting II  Financial Analysis  Corporate Reporting  Auditing and Internal Review  Direct Tax  General Sales Tax  Banking Operations

Bachelor's degree, Accounting department - arabic section
  • at Cairo University
  • July 2007

• B.Sc in Accounting – Faculty of Commerce - Cairo University -2006

Specialties & Skills

Account Reconciliation
Year End Accounts
Accounts Payable
Accounts Receivable
Microsoft Office
knowledge of Excel, MS Access, Word, and Power Point,Internet applications
• Very good in computer’s building and hardware maintenance
Internet applications
knowledge of Open office calc, Open office writer and Open office Impress
MS Windows usage and troubleshooting

Languages

English
Intermediate
Arabic
Expert

Training and Certifications

Basic Business Skills Acquisition (Certificate)
Date Attended:
January 2008
Valid Until:
April 2008