Mohamed Hassan

Ensures the implementation of the financial strategy and general policies and procedures relating to finance and accounting function.
• Reviews and approves all documents and agreements with financial impact, from all departments, to ensure compliance with the company’s obligation as defined by law and the relevant regulations.
• Reviews all financial data and reports to ensure the proper allocation of revenue and cost, Controls the financial activities of the company in accordance with the policies and procedures.
• Manages the high-level financial relations with banks, merchants, partners/strategic allies and agents.
• Provides feedback to the CEO on profitability and growth results, and recommends required actions to improve them.
• Analyzes the cash flow plans to ensure maintaining adequate liquidity, taking into consideration provisions for contingencies and evaluates the finance needs of the company and suggests sources of funding
• Prepares and reports to the CEO periodic reports regarding the finance and accounting status of the Company.
• Manages the implementation of new financial, accounting and budgeting systems.
• Reviews external and internal audit results and implements recommended actions.
• Preparation of the general budget for the company that achieved company goals and prepare a monthly report on budget deviations and their causes
• Handling tax assessments and approving all tax reports, Overseeing all tax and regularity compliance issues.
• Ensure that appropriate system and internal controls are implemented and maintained to Protect organization's Assets.
• Recruit, select, hire, train, mentor, and coach the teamwork

Responsible for improving the effectiveness of both the Accounting department and financial reporting process, maintaining accounts, cash flow management, setting internal control procedure, seizing cost cutting strategies and opportunities, minimizing company internal, and external risks, direct dealing with customers and suppliers, solving day to day operational issues.
• cash planning and other reporting, such as monthly forecasting and analyses are my main responsibilities. I also create annual budgets and follow the progress during the year.
• Reporting - to management - directly to CEO DE, CFO DE, CEO DE, (reports focused on production costs, labor costs, incentives, sales costs, budget reviews, other on the base of requirements)
• Forecasting - Budgeting and product cost calculations, analyses of real costs vs. budget, liquidity forecasting
• Consolidation - reporting, supporting external DE accountants for group consolidation
• Leading finance department - 3 accountants, trainings, coordination of external accountants
• Accounting - setting up and applying internal accounting procedures; accuracy of accounting, close, financial statements, annual financial review
• Taxes, income tax, tax audits (no findings, excellent feedback), monitoring of legislation
• Manage and supervise accounting and information system functions, Review and verify company costs, Ensure correct capitalization and depreciation, Ensure payments and commitments are executed in accordance with payment terms of contracts, authority matrix and company policy, Review legal cases, Train team members on IFRS, ERP System. Suggest/recommend improvements to Company Policy and Procedures, ERP system, EPM, CRM, Management practices, Business Process Improvement, Business Process Re-engineering, Benchmarking,
• Job Performance Evaluation for accounting staff.

Responsible for compliance with group corporate accounting requirements, to meeting scheduled reporting, special requests for financial information, and adherence to group accounting practices and policies.
• Translates operational projections into the Annual capital expenditure, cash flow and operating budgets.
• Preparing audit schedules for external auditors.
• Preparing reports and analysis of cost.
• Identifies and reviews variances and prepares Budget vs. Actual variances reports
• Prepares monthly financial statements with all notes and analysis required by management.
• Prepares all treasury reports and forms in accordance with the treasury policies and procedures.
• Prepares the consolidated reporting package required by the financial management services on a timely basis.
• Coordinates the timely implementation of all accounting procedures to accomplish accounting objectives.
• Review of monthly P&L, Balance sheet closing and other MIS reports as per requirement.

(a) A l P - Supplier
• Dealing with procurement department regarding preparing purchase
orders and its terms and conditions.
• Dealing with material control regarding issuing and receiving of
materials and periodic physical counts.
• Following material receiving documentation & matching with supplier
invoices and statements, adjusting differences if required.
• Preparing suppliers payments (Cash - Cheeks - Bank Transfers).
• Analysis for supplier statements, and preparing account
authentications.
• Preparing analysis for supplier account and its related accounts (Main
or intermediate accounts).
• Reporting to management.

(b) A l P - LC & GIT ( letter of credit & goods in transit )
• Dealing with international procurement department regarding issuance
of international purchase orders, opening LC`s with different banks
and making bank transfers according to payment terms .
• Opening LC, LC in favor of us, transferable LC.
• Processing daily payments and LC`s amendments to be send for the
banks,
• Following monthly bank statements transactions.
• Preparing analysis for LC & GIT accounts and following the balances.

(c) L/G - ( letter of guarantee )
• Preparing applications for issuing different LGs types from banks.
• Computing & recording LGs commission.
• Receiving LGs in favor of us.
• Following LGs expiry dates.
• Dealing with banks for re issuance, extending, amending &
canceling LGs.
• Receiving LGs bank statements, reconciling & report for Management.

(e) Payroll & Payroll Analysis.

(f) Preparing Financial Statements & Financial Reporting.

(g) Financial Statements analysis.

• Prepare the cheque requisition or Bank transfers for signature for overseas and local suppliers according to the agreed payment terms.
• Handling A/R (issuing invoices, following up the aging Reports).
• Following the movement monthly receivables and leading the Salesmen to collect the pending amounts and overdue balances from the defaulters.
• Preparing bank reconciliation & handling Bank administration.
• Follow-up and review petty cash payments (on a weekly basis) as well as its reconciliation
• Making adjustment for the inventory.
• Cash flows, cash management and forecasting.
• Coordinate with Personnel Department the monthly Salary payments.
• Prepare annual financial statements and supporting schedules for the Auditors.
• Preparing all monthly, yearly Financial Reports & Analyzing General & Industrial Expenses.
• Preparing & presenting all the Financial Reports by Excel link files.
• Reporting To chief accountant and finance manager.

Bookkeeping using manual & computerized accounting system.
- Preparation of financial statement with its related disclosures.
- Document & understand internal control system (ICS).
- Participation in planning and evaluate the elements of the internal control structure "control environment, accounting system and financial control procedures".
- Develop analytical procedures and audit procedures.
- Perform full examination of financial statements, financial reviews and other agreed upon procedures with the clients for a variety of industries.
•Attending many tax inspections on behalf of our clients such as corporate tax, salary tax, stamp tax and handling all tax related issues.