Accounting Supervisor
Eltizam Asset Management Group
Total years of experience :11 years, 10 Months
•(SAP) System User.
•Review Journal entries of the company's pertaining to cash, procurement, client billings, and securities transactions to determine whether respective entries are in accordance with generally accepted accounting practices (GAAP).
•Determine work procedures, prepare work schedules, and expedite workflow.
•Issue written and oral instructions to subordinate staff, supervision, and overall responsibility for the smooth running of accounting registration.
•Assign duties and examine work for correctness, neatness, and conformance to policies and procedures.
•participate in corporate initiatives, including process improvement, new system implementation, and acquisitions.
•Help in the preparation and finalization budget of the company and reports.
•Responsible for reporting cost figures on a monthly basis to the finance manager.
•Implement and manage SAP systems across various departments within the organization.
•Prepare and review all the Governmental and Taxes types of reports (Payroll, WHT, VAT Martyrs, and Income Tax).
•Provide external Auditors with all accounting records and answers their queries to conclude the audit.
•Prepare and review the operation and cost reports according to business nature.
•Follow up the auditing works with the company's official auditor.
•Oversee the daily activities of the accounting department and ensure that all major projects, month-end, and year-end reports are completed accurately and on time.
•Analyze financial data and create reports for management, stakeholders, and external parties.
•Develop and implement financial policies, procedures, and internal controls.
•Conduct financial analysis and provide strategic recommendations to optimize financial performance.
•Assist workers with more difficult aspects of preparing accounting entries and recording transactions.
• (Oracle) System User.
• Taxes:
- Subjecting Withholding tax on the local vendors and Non-residence.
- Preparing WHT returns in accordance with the Egyptian Income Tax Law, relevant regulations and applicable Double Taxation Treaties.
- Assuring that the company’s taxation activities are properly processed on a time, complete, reliable and relevant basis.
- Preparing and analyzing VAT tax returns according to value addition tax law
- Preparing WHT certificates for local and foreign vendors
- Interacting with other departments to obtain important business information that might affect the company’s tax position
• AP Processing:
- Validating, Reviewing and authorizing payments to regular vendors.
- Making sure that all payments follow all of Bechtel’s process.
- Process 3-way matching invoices.
- Assisting in preparing and filing of statutory accounts for Egyptian legal entities and branches.
- Following up the outstanding payments with the processing team in New Delhi and England on a weekly meeting
• Treasury:
- performing Treasury duties including daily cash position monitoring, initiating fund transfers
- Preparing all bank reconciliations and recording of related adjusting entries.
- Preparing cash flow forecasts on a quarterly basis.
- Petty cash and advances payments to employees.
• Preparing Social Insurance analysis and payment on monthly basis.
• Reviewing accruals and prepayments transactions & analysis.
• Supporting internal and external auditors through supplying all requirements.
• Helping the External Audit for preparing the statutory financial statements including balance sheet statements, income statements, and cash flow statements.
• Preparing GL reconciliations.
• (SAP) System User.
• Drive A/P accounting activities in order to provide accurate and reliable accounting
information for Management reporting and local needs.
• Collaborate with business, third party, and banks.
• Follow up the third party to make sure that we are reporting on time.
• Perform Account reconciliations.
• Challenge the booking of the third party to US GAAP.
• GL reconciliations on (Assurenet) System and (cadency) System.
• Support internal and external auditors through supplying them with all the required data,
reports and documents.
• Employees Expenses on (Concur)System.
• Create the accrued expenses entries.
• Create and amortize the prepaid expenses on a monthly basis.
• Petty cash and dues on the employees.
• Bank Reconciliation.
• Completes payments and controls expenses by receiving, processing, verifying, and reconciling
invoices on (Sun 6) system.
• Review all invoices for appropriate documentation and approval prior to payment.
• Processing of purchases orders requests, checks and invoices.
• Allocating expenses to accounts and cost centers by analyzing expense and recording entries
• The Bank Reconciliation.
• Review employee’s expenses.
• The cash transactions.
• Purchasing process.
• The payroll overtime sheets.
• Using "Quick Books" Accounting System.
• Issuing invoices and Collection.
• Contact existing customers to inform them about the loans services using scripts.
• Enter and update customer information in the database.
• Take and process orders in an accurate manner.
• Go the “extra mile” to meet sales quota and facilitate future sales.
• Keep records of calls and sales and note useful information.
• Responding to complaints from customers and give after-sales support when requested.
• Ask questions to understand customer requirements and close sales.
• Contact potential or existing customers to inform them about a product or service using
scripts.
B. Faculty of Commerce - Department of Accounting, Cairo University (6/2010)