Mohamed Ramzi Mohamed Mahmoud

Hired by Mayar Al Madani International group to join finance team to lead the accounting bookkeeping & the financial reporting for 22's branches at kSA, supported to the financial controller by overseeing all ledger and maintain fixed assets register. compiling data to generate financial statements including cash flow, P&L and balance sheet for review by management involved to the budget preparation and liaised with external auditors.

Hired by RAFAL Real estate Company. to join the Finance team to lead the Material department and support the other operational departments in setting up all Operational, P&P, initiate supplies and services contracts…etc., RAFAL are the owner of Burj RAFAL, Ascott Olaya Hotel & Some other Residential Compounds.

Hired by Millennium & Copthorne Middle East Holding Ltd. to join the opening team of the two hotels
(821, 486 rooms respectively) to lead the Material department and support the other operational
departments in setting up all Stores, initiate supplies and services contracts…etc., The two hotels are
owned by Suleiman Al-Rajhi Endowment Fund.
Key Achievements:
 Utilizing vast experience with firms like Starwood Standards to build the P&P from scratch.
 Set up the Material department, Selecting Qualified team members, policies and procedures as well as
generating a Chart of Stores and installing MC system.
 Set up the stores and the cold stores for materials.

Accomplishment:
Participated in the establishment and opening of the five star Grand Makkah Hotel,
Installed Material Control chart for stock control and observing other divisions, And one of
my achievements that I Reduced the direct costs of the F&B division from 41% in soft
opening to 15% at the end of the following season by making very good budget.
Installed all the purchasing comparisons such as kitchen equipments, H.K equipments, F.O
equipments, and F&B materials for hotel stores And made good negotiations on prices
with Vendors.
Job Duties:
 Responsible for monitoring the compliance of various departments with the
organization's overall budget and reporting any deviations from this budget.
 Provide an effective auditing system for the activities of the Materials
Management Division.
 Provide FC with the cost figures necessary for him to operate their individual
profit center profitably.
 Provide a system of monitoring the data input by operational level personnel.
 To compare details of quantities, unit costs, etc., on regular purchase orders to
those on authorized purchase requests.
 To reconcile the cost of all officer and entertainment checks and apply credit to
the respective departments.
 Maintain records of inventory transactions which cannot be tracked through the
system such as banquet events, cocktails and buffets.
 Understand and audit the operating procedures (purchasing, receiving, store,
preparation etc.) of Materials Management Division.
 Investigate reasons for spoilage issue forms and post through the system.
 Conduct market survey of different items so as to ensure that the prices paid by
hotel should be below the market retail prices.
 Maintain and keep track of all the F&B items of the hotel and to coordinate and
assist in the inventory taking of F&B every year.

 Finance work:
 Working on Quick Books system (financial module).
 Issue daily JV entries (expenses, revenues, purchases).
 Prepare Income statement, Cash flow statement.
 Flow up petty cash with purchasers.
 Issue long term contracts for maintenance into the system.
 Reconcile the accounts (Bank account, petty cash accounts).
 Process salaries, allowances, and labor loans every month.
 Receive technician reports and revise it with daily schedule.
 Collect daily revenues and contract advance payments.
 Flow up with operational vehicles maintenance and there payments if available.
 Issue monthly inventory for the parts with TECH. and tools.
 Issue depreciation accounts to tools, operational vehicles, and other assets.
 Adjust the Unearned revenues every month for the contracts so it could appear at the income statement every month.
 Operation duty:
 Flow up with technician daily schedule.
 Flow up with parts requests and make sure the purchaser received all the parts request forms and samples if available.
 Flow up with customers that having problems and try to solve especially contract customers.
 Make sure that schedules of contract customers running on time and no delay on it.

Accomplishment: Upon receipt my job duties, I found that there are debts on the institution to the vendors exceeded half a million and I scheduled them so that they are paid at intervals so as not to affect the work, Also there was one of our branches doesn't achieve any profits and the monthly loss exceeded 20 thousand so I studied the direct materials costs and made adjustment and observed hand kitchen waste, also studied indirect costs such as wages and made necessary adjustment until we got the profit. Job Duties:  Working onto Tally (Financial module).  Responsible for four branches accounts .  Reconciliation the daily accounts such as ( Expense, revenue, purchase ) .  Issue the balance sheet every month and at yearend .  Prepare the financial statements and discussing it with the Director-General .  Making inventory for four branches that I responsible for .  Prepare the salaries sheets, deduction and labor loans.  Issue depreciation accounts to tools, operational vehicles, and other assets.  Reconcile and obtain explanation on variation and prepare Inventory Adjustment.  Investigate reasons for spoilage issue forms and post through the system.  Conduct market survey of different items so as to ensure that the prices paid by restaurant should be below the market retail prices.  Follow-up investment fees paid to the head office.  Maintain records of inventory transactions which cannot be tracked through the system such as banquet events, cocktails and buffets.

 Reconciliation the daily accounts such as (Expense).  prepare the month end closing Expense accounts.  Compare the inventory value on system with the actual inventory value on Federal exchange warehouse.  Follow-up to petty cash with the purchase representative.  Processing bills and salaries for military agents.  Follow-up with the petty cash to the purchaser.  Follow-up to the purchase price in the market and comparisons with suppliers’ prices.  Issue all data of accounts on financial module (SAP).

Job Duties:  Responsible for monitoring the compliance of various departments with the organization's overall budget and reporting any deviations from this budget.  Provide an effective auditing system for the activities of the Materials Management Division.  Provide Cost Controller with the cost figures necessary for him to operate their individual profit center profitably.  Provide a system of monitoring the data input by operational level personnel.  To compare details of quantities, unit costs, etc., on regular purchase orders to those on authorized purchase requests.  To ensure the inventory items and services which are bought and used in providing guests services and facilities are stored and used in the controlled manner and according to accounting principles.  To reconcile the cost of all officer and entertainment checks and apply credit to the respective departments.  Maintain records of inventory transactions which cannot be tracked through the system such as banquet events, cocktails and buffets.  Attend month end and other stocktaking activities in all Food & Beverage and general areas.  Understand and audit the operating procedures (purchasing, receiving, store, preparation etc.) of Materials Management Division.  Investigate reasons for spoilage issue forms and post through the system.  Conduct market survey of different items so as to ensure that the prices paid by hotel should be below the market retail prices.  Entirely flexible and adapt to rotate within the different sub departments of the Accounting & Finance Division.  Maintain and keep track of all the F&B items of the hotel and to coordinate and assist in the inventory taking of F&B every year.  Reconcile and obtain explanation on variation and prepare Inventory Adjustment Authorization for the Cost Controller’s approval.

 Observe Receiving food and beverage products at receiving area to make sure about the expiry dates and the quantity.  Storing the products at the store in order to issue it first in first out according to expiry dates.  Issue the products to Hotel Kitchens and Restaurants and post the material exchange on Material Control System.  Place purchase orders on Material Control System.  Responsible for the Store inventory every month and comparing the actual quantity at store with the quantity on the system.  Responsible for the annual Store inventory for yearend closing.  Manage the Store staff.  Liaise with other Hotel departments such as cost control and procurement.

 Manage the representatives and issue the daily goods to them.  Responsible for the money transfers at the bank to the vendors.  Perform many of treasury functions, such as, cash collection and issue of petty cash payments.  Close the daily accounts for the representative in the company and send it to the owner.  Close sales accounts for the company every month.  Prepare the profit and loss account for the company every month.  Responsible for the Store inventory every month and comparing the actual quantity at store with the quantity on the Excel reports.