mostafa Soliman

Finance and Admin Manager at beIN media ( beIN sport)

• Egypt - Cairo
• My current job since March 2017

Financial controller at Avon Cosmetics

• Egypt - Cairo
• September 2014 to March 2017

• •Ensure the compliance of the Finance department with local and US GAAP accounting standards, and Avon global policies and procedures.
•Ensure effectiveness of internal controls and control environment, and establish/update local and global policies and procedures to ensure proper governance across all cycles, Lead other departments in internal controls implementation methods through regular presentations and status updates.
•Ensure the compliance with all taxation, legislative requirements and all taxes global reporting.
•Follow up with policies and tax updates with the regional corporate controllers and global tax managers.
•Develop and maintain timely and accurate financial statements and reports in accordance with Egyptian accounting standards and US GAAP. ensure the preparation and review of the balance sheet accounts reconciliations and its related disclosures and aging reports according to Avon’s global policies.
•Review monthly results and implement monthly variance reporting as compared to budget.
•Prepare forecasted monthly cash flow report.
•Contributing to decisions regarding financial strategy and analyze business performance / results, providing feedback to Senior Management
•Support the Head of finance in setting budgeting expectations and assumptions for several areas.
•Maintain Accounting system integrity and administration, ensuring its accuracy and effective operation.
•Ensure proper expenses allocation among cost centers
•Support sales and marketing department in reviewing commission calculations, structure and accruals

Chief Financial Officer at El Rashidi El Asly

• Egypt - Cairo
• May 2011 to September 2014

• I have more than 9 years in Finance and Auditing and looking to have and maintain an executive position in a multinational firm can offer a national & International exposure. Where I can Effectively apply my experience, education and acquired skills, to develop and analyze Financial and none Financial information in order to provide strategic recommendations and maintain solutions to business and financial problems presented in operating results in terms of profitability, performance against budget, Coordinate the preparation of financial forecasts, internal reports, external reports as necessary, develop and implement Firm systems, strategies, processes and control procedures that significantly improve the operation result, to be more useful and efficient, , I Have developed familiarity and gained significant working knowledge in IFRS’s& ISA’s.
• Managing the relation with Banks for the best Facilities, restructure of Debts with suppliers and banks as well, turning the short term liabilities to Long term to achieve the best Working capital Ratios .
• Driver for success and result oriented leader with 3 years of business experience in FMCG and private equity companies
• Experience in turn-around management, with proven success in local companies.
• Strong experience in both retail and B2B sales and distribution structures.
• Strong SUPPLY CHAIN, OPERATIONS, SALES and MARKETING experience with FMCG’s in the Middle East.
• Theoretical and practical experience on how to transform into a LEAN supply chain organization .
• SETTING-UP experience of new operations and running them successfully.
• Excellent interpersonal and PEOPLE management skills with in depth knowledge of different cultures and a long experience in managing within multicultural environments.
• PROFESSIONAL ACHIEVEMENTS
• The turnaround of the “El Rashidy Elasly ” company in Egypt, and making this company profitable in Two year from taking over.
• lead several technology and innovation projects, which resulted in improve the Good well of the company .
collecting relevant business data and projections from line departments to discuss and review the assumption used for it to provide feedback to enable finalization of the budget proposal with executives.
 Monitoring and review the cash management, develop efficient use of cash resources.
 Controlling the company cost by review on monthly basis P&L for each department comparing to budget.

Deputy Audit manger at Price waterhouse coopers

• Egypt - Cairo
• December 2003 to May 2011

Duties and responsibilities:

 Participating in many audit and review engagements.
 Provided sound recommendation for enhancing internal controls.
 Perform substantive tests by examining and analyzing accounting records .
To ensure accuracy and compliance with applicable laws and regulations
 Prepare the preliminary audit report.
 Prepare the preliminary financial statements, if required by the client;
 Prepare the preliminary (Management Letter).
 Multi-task and staff coaching management.
 Ability to conceptualize and implement creative solutions to business problems.
 Review works performed by the junior staff.
 Prepare proposed adjusting accounting entries to be discussed with engagement
Manager.