Finance Director
TTCo
Total years of experience :22 years, 6 Months
Accountable for the administrative, financial, and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. Principal accountabilities are:
• Planning
• Operations
• Financial Information
• Risk Management
• Funding
• Third Parties
• Desired Qualifications
• Additional Qualifications
• Working Conditions
Contributes to the overall success of the organization by effectively managing all financial tasks for the organization.
Manages Clyde & Co's Middle East Debt Recovery practice "Collect" (a specialist team within the Dispute Resolution Group that acts predominantly for international export credit insurers in pursuing subrogated recoveries from debtors based across the Middle East).
Contributes to the overall success of the organization by effectively managing all financial tasks for the organization
Responsible for diverse & complex accounting duties relating to any aspects of financial accounting and record keeping for multiple legal entities
Reconciliation of suppliers statement of account
Conducting periodical profitability assessment
L/C opening, checking and verifying charges and follow up until final settlement
Playing the key role in initiating the computerization process in the organization
Preparing monthly Bank reconciliation.
Daily cash management functions
Handling Accounts Receivable and payable subsidiary ledgers.
Implementing periodic inventories respecting deadlines
Supervising the credit control and take care of collection
Approving all accounting entries to ensure the accuracy of technical, Follow up the performance of the planned budget, Preparing the monthly financial statements & the financial reports attached to them, Cooperate with the external audit work, Ensuring that all dealing with customers sub-contractors are done according to contractual conditions in coordination with the treasury department
Accounting Responsibilities:
Head of Accounts Receivable Unit
Review of certified invoices to ensure that they are in conformity with contract condition
Organizing Accounts Receivable, preparing aging of dept reports, analyzing of due accounts and updating the collection of statements
Following up the customers ensuring the collection during the limited credit intervals
Preparing periodical reports of the customers’ delays list and reasons of delay and arranging with concerned parts to take the necessary action to settle related problems
Working on accounts Receivable accounts in Delta Application
Preparing the profit/loss report depending on the contract values and the actual costs with the progress of work
Participating in preparing financial statements concerning accounts receivable and revenues
Head of Accounts Payable (Sub-Contractors)
Review all invoices of and payment to (Sub-Contractors) to ensure that they in conformity with contractual condition
Recording all invoices on the computer system
Participating in solving problems related to Sub-Contractors
Supporting regulatory compliance by working with external auditors by providing accurate information, reports and rationales or resolution of any issues identified by auditors.
Preparing accounting policy and regulations.
Creating the chart of accounts.
Performing external auditing and organizing all relevant inputs and outputs.
Preparing reports and analyses for all items of Balance Sheet and Income Statement.
In charge of monthly and yearly closing as well as the annual accounts and focusing on the more complex areas of the Balance. Sheet / Profit & Loss accounts.
Helping in the Auditing process of National & Multinational Companies in Egypt such as: