Partner & Head of Consulting Division
Fawzi Louis Successors (Audit, Consulting & Tax Services)
مجموع سنوات الخبرة :25 years, 6 أشهر
Highly client focused and responsible position to provide clients and business partners the following services mentioned below:
• Feasibility study and business valuation for start up, mergers and acquisitions
• Profit planning and advised clients how to maximize ROI
• Prepared projected financial statement for five / ten years as per business needs and plans
• Obtained various financial facilities, restructured loans minimized finance cost.
• Prepared Financial Accounting policies and procedure manual
• Assisted clients in driving business cost effectively and successfully.
• Assisted clients in selection and implementation of ERP system according to their business needs.
• Designed chart of accounts and KPI.
Egypt Head Office: Dec 2012 - Dec 2015
UAE Head Office: Dec 2008 - Nov 2012
Work Performed
• Reported and assisted to CFO in all areas of finance and accounting
• Actively involved in budget preparation and business operation
• Prepared and reviewed financial statements, accompanied notes and other ancillary business reports required by regulatory agencies such as Central Banks and Stock Exchange
• Directed and organized month and year end financial closing.
• Organized annual audit, reviewed lead schedules and other audit working papers
• Coordinated with external auditors, financial institutions and other regulatory agencies
• Directed, monitored and controlled General Leger, Fixed Assets, Accounts Payable, Receivable and Payroll
• Performed Revenue Analysis of various banking products and compared actual results with budget
• Performed comprehensive assets and liabilities analysis and other component of financial statement and deploy the result in risk analysis.
• Advised finance team on complex balance sheet accounts reconciliations.
• Played a very important role during financial system enhancement and implementation. Effectively lead the project and coordinated between finance and IT department. Delivered project within the budgeted time frame and cost.
• Reported to CFO. Timely performed month and year-end financial closing. Prepared financial statement with supporting schedules.
• Prepared short and long term budget and cash forecast.
• Daily Monitored and reviewed bank accounts, fully conversant with treasury operation, including foreign currency valuation, letter of credits and determined liquidity position which helps in fund flow management.
• Supervised, monitored and controlled General Ledger, Fixed Assets, Accounts Payable, Accounts Receivable and Payroll
• Revenue analysis, monitored credit terms, performed receivable aging analysis and improved collection policy and procedures.
• Trained and assisted new staff, as well as, review of responsibilities
• Supervised accounts payable, negotiated favorable credit terms and price.
• Prepared costs benefit analysis reports for every business unit, which enabling in the identification and measurement of actual results against planned budget.
• Demonstrated excellent entrepreneur skill in running successful business.
• Coordinated and established procedures for physical inventory counts and cycle counts.
• Designed reconciliation templates, carried out investigation for discrepancies during cycle counting and resolved issues
• Updated standard costs in the bill of materials
• Reviewed standard and actual costs, resolved variance and advised and setup procedures to minimize variances
• On month end financial closing performed through analytical procedures, verified and validated the cost of goods sold
• Accumulated overhead costs and shared cost distributed as per GAAP and company guidelines
• Established procedures to locate obsolete inventory and advised Materials Review Board to dispose off at fair market value.
• Reported to CFO. Timely performed month and year-end financial closing. Prepared financial statement with supporting schedules.
• Prepared short and long term budget and cash forecast.
• Daily Monitored and reviewed bank accounts, fully conversant with treasury operation, including foreign currency valuation, letter of credits and determined liquidity position which helps in fund flow management.
• Supervised, monitored and controlled General Ledger, Fixed Assets, Accounts Payable, Accounts Receivable and Payroll
• Revenue analysis, monitored credit terms, performed receivable aging analysis and improved collection policy and procedures.
• Trained and assisted new staff, as well as, review of responsibilities
• Supervised accounts payables, negotiated favorable credit terms and price.
• Prepared costs benefit analysis reports for every business unit, which enabling in the identification and measurement of actual results against planned budget.
• Demonstrated excellent entrepreneur skill in running successful business.
BACHELOR OF COMMERCE