Mohamed Eid CMA, Group Financial Reporting & Consolidation Supervisor

Mohamed Eid CMA

Group Financial Reporting & Consolidation Supervisor

Pioneers Holding

Location
Egypt - Cairo
Education
Bachelor's degree, Management and Accounting
Experience
6 years, 11 Months

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Work Experience

Total years of experience :6 years, 11 Months

Group Financial Reporting & Consolidation Supervisor at Pioneers Holding
  • Egypt - Cairo
  • My current job since September 2022

- Prepare & review stand alone and consolidated financial statements with full disclosure in
accordance with Egyptian Accounting Standards and International Financial Reporting
Standards.
- Assigned to audit tasks for subsidiaries (If needed)
- Monitor & prepare financial performance reports by measuring and analysing results;
- Initiating corrective actions; minimising the impact of variances
- Involved in all due diligence before acquisition (if needed).
- Assigned to estimate the fair market value model for the subsidiaries (If needed).
- Assigned to preparing business plan for subsidiaries (If needed).

Supervisor Consultant - Accounting Advisory at Ibm Global Process Services
  • Egypt - Cairo
  • December 2021 to September 2022

- prepare Desktop procedures (DTP) For client
- Create process Maps For procedures
- Handle client communication for the legal entity handled.
- Highlight process issues/challenges to tackle
- Implement IFRS for clients.
- Handle Month end activities for a legal entity
- Participate in calls with clients on process related issues
- Work with external auditors during financial and operational audits
- Process inter-company transactions & reconciliations
- Gather inputs and support in preparation of financial & Management report
- Generate process improvement ideas

Senior GL Accountant at Danube Home
  • Egypt - Cairo
  • July 2020 to December 2021

- Handle Month end activities.
- Analyse GL accounts with Justifications.
- Communicate and manage External auditors' requirements.
- Prepare Financial Statements.
- Implement IFRS 16 as lessee.
- Implements IFRS 15 For (Consignment Agreements - Bill and Hold agreement ).
- Assist In Estimate Sales Return.

Senior GL Accountant at arab bridge maritime
  • Jordan - Aqaba
  • June 2017 to June 2020

- Handle Quarter end activities.
- Analyse GL accounts with Justifications.
- Participating In Variance Analysis and Helping For Take Corrective action If Appropriate.
- Communicate and manage External auditors' requirements.
- Prepaid Dry Dock account and Amortisation.
- Calculate Fuel Consumption For the Vessels Under FIFO
- Implementing new lease accounting standards According to IFRS 16 As Lessee.
- Marine Insurance (H&M - FD&D - War Risk - P&I) Payment, Amortisation and Any Compensating For Vessels
According to IAS 37.
- Implementing IFRS 5 Non-current asset and Discounted operation.
-Lease or buy decision analysis.

Education

Bachelor's degree, Management and Accounting
  • at جامعه الزقازيق
  • July 2015

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Specialties & Skills

Auditing
Budgeting
Treasury Management
Costing
Finance
computer skills
negotiations- management- analysis
teamwork
communication

Languages

Arabic
Native Speaker
English
Intermediate

Memberships

ima
  • member at ima
  • December 2016

Training and Certifications

CAIRO (Training)
Training Institute:
HSCS
Date Attended:
October 2015

Hobbies

  • Reading