Mohamed Taha Farahat- CMA

* Managing and Coaching the team:
Ensure the right person is always on the right task.

* Ensuring Financial Controls Procedures remain Ethical and Legal:
Monitor Accounting Practices and procedures.

* Maximizing Financial Returns:
Through Financial Analysis, Data Trends, Market Information, While Budgeting Accordingly.

* Enhancing the Customer Experience:
Through Improved Payments Options, Inventory Controls, and Financial Dispute Resolution.

* Supervising a number of Accounting Employees:
Across a range of functions from Accounts Payable, Accounts Receivable and Payroll.

* Strategic Financial Planning:
Develop and oversee the execution of budgets, financial forecasts, and long term financial strategies aligned with corporate goals.

* Performance Management:
Lead efforts in monitoring expenditures, identifying cost saving opportunities, and ensuring financial discipline across the organization.

* Financial Reporting & Compliance:
Supervise the accurate preparation of financial statements, ensuring compliance with IFRS and regulatory frameworks.

* Investment Oversight & Capital Efficiency:
Direct investment strategies, working capital management, and liquidity planning to ensure sustainable operational funding and ROI.

* Financial Risk Management & Advisory:
Assess financial risks, lead audit processes, and provide executive leadership with insights on mergers, acquisitions, and other high stakes decisions.

* Team Management:
Managing, coaching the team to ensure the right person is always on the right Task.

* Financial Reporting & Compliance:
Prepare monthly/quarterly financial statements in compliance with IFRS and local GAAP, Ensure timely submission of (VAT, and CIT) reports, Liaise with external auditors for annual audits and implement corrective actions.

* General Ledger & Reconciliation:
Oversee full cycle accounting: AP/AR, payroll, accruals, and prepayments. Perform month end close with accurate journal entries and account reconciliations. Reconcile bank statements.

* Cost & Management:
Analyze cost structures and recommend optimizations, prepare budgets vs. actuals reports. with variance analysis for management, Support capital investment decisions using NPV, IRR, and payback period models.

* ERP & Process Improvement:
Lead ERP implementations/modules (e.g., Odoo) for accounting functions. Automate repetitive tasks (e.g., report generation) to improve efficiency.

* Team Collaboration:
Mentor junior accountants and coordinate cross departmental financial data needs.

* Prepared and maintained accurate financial statements, including balance sheets, income statements, and cash flow reports.

* Processed accounts payable and receivable, ensuring timely payments and collections while maintaining vendor relationships.

* Conducted monthly account reconciliations to ensure accuracy and compliance with financial regulations.

* Assisted in budget preparation and forecasting, providing insights to support business decision making.

* Managed payroll processing, ensuring compliance with tax regulations and timely employee payments.
Prepared and filed tax returns, including VAT, income tax, and corporate tax, in accordance with local regulations.

* Monitored and recorded financial transactions, ensuring adherence to General Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS).

* Supported internal and external audits by providing accurate documentation.