Financial Manager for Egypt Branch
GlobeMed Group
Total years of experience :27 years, 10 Months
Responsible for the following:
Evaluate, monitor & control all financial affairs.
Maintain a documented system of accounting policies and procedures
Manage the preparation of the company's budget
Interpret the company's financial results to management and recommend improvement activities
Management of the finance function and overseeing the finance team.
Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP)
Negotiate with Bank for lines of credit or other financial services as required and appropriate
Oversee and supervise the administrative function of the organization including reception, property/facility management, safety of the work environment, and provision of furnishings and equipment necessary for effective operations
Coordinate, analyze and report the financial performance to Management and Board of Directors (financial performance, projections and other special projects as required)
Follow-up daily work flow including (Payments/Collection/ Credit Control)
Monitoring the aging for AR/AP.
Making sure that all accounting controls comply with company policies, procedures and international accounting standards.
Overseeing budgetary control; monitoring cash flow.
Prepare monthly, quarter, annual report
Finalization of the year end closing process
Managing for costing, Inventory Control, Cash Management .
Planning & Budgeting, Cash flow forecasting, Control for cost centers.
Following up taxation matters
Reviewing accounts and Prepare balance sheets, income statement,
cash flow statement, statement of changes in shareholders equity.
Prepare proposed profit distribution statement .
Prepare Financial Analysis.
Prepare Financial Ratio :-
( Profitability Ratios & Liquidity Ratios & Activity Ratios & Solvency Ratio )
Using Egypt (GAAP) & IFRS in handling financial issues.
Responsible for the following:
Coordinate with the departments the company’s strategic planning process for both AzLE and AzIE including the elaboration and/or the updates of the Business Plans and the targets related to Headcounts, Expenses and Sales.
Prepare and follow up the Forecast and the Plan for both companies.
Coordinate with other departments and the top management in order to produce the Board presentation.
Supervise the development of procedures and methods to ensure the accuracy of reports and enhance the reporting process.
Coordinate with internal or external auditors for reporting and budgeting reviews.
Ensure an efficient succession plan that develops qualified second line management in the Reporting department.
Monitor the training and development needs of the team and ensure the update of their skills in order to support the implementation of their responsibilities.
Conduct the performance appraisal of subordinates and provide them with performance feedback.
Ensure continuous self-development as needed to excel in managing and leading the unit.
Prepare the reports to the company’s Top management and to the Group.
Coordinate with the Regional management and the Headquarter on reporting and controlling issues.
Supporting the company’s management in any other task/project as needed.
ABC Time Spent project, Cost Saving.
Preparing for EFSA Reports.
Preparing for Financial Analysis and Ratios.
Using Oracle Finance ( ERP System )
Responsible for the following:
Evaluate, monitor & control all financial affairs.
Reviewing all financial transactions.
Follow-up daily work flow including (Payments/Collection/ Credit Control)
Monitoring the aging for AR/AP.
Monitoring of preparation general journal & general ledger.
Making sure that all accounting controls comply with company policies, procedures and international accounting standards.
Overseeing budgetary control; monitoring cash flow.
Prepare monthly, quarter, annual report
Monitoring of final accounts and trial balance.
Finalization of the year end closing process
Managing for costing, Inventory Control, Cash Management .
Planning & Budgeting, Cash flow forecasting, Control for cost centers.
Following up taxation matters
Reviewing accounts and Prepare balance sheets, income statement,
cash flow statement, statement of changes in shareholders equity.
Prepare proposed profit distribution statement .
Prepare Financial Analysis.
Prepare FinancialRatio :-
( Profitability Ratios &Liquidity Ratios & Activity Ratios&Solvency Ratio )
Using Egypt (GAAP) & IFRS in handling financial issues.
Using Oracle Finance ( ERP System )
Financial Manager for Egypt Branch (Jan. 2003- Dec. 2005)
Chief Accountant (Jan. 2000- Dec. 2002)
Responsible for the following:
Cash & Bank Conciliation & Accounts Receivable
Accounts Payable & Prepaid & Accrued Expenses & Revenues
Prepare General Journal / Prepare General Ledger
Prepare Final Accounts / Prepare Trial Balance
Finalization of the year end closing process
Prepare Balance Sheet .
Budgeting & Control for Cost Centers .
Evaluate, monitor & control all financial affairs .
Assuming the responsibility of clearing external auditors requirements and filling
Cash Management .
Prepare Financial Analysis.
Prepare Financial Ratio :-
( Profitability Ratios &Liquidity Ratios & Activity Ratios&Solvency Ratio )
Using Great Plains ( ERP System )
Responsible for the following:
External auditing, Book keeping & Preparing for Balance Sheet / Income Statement & Handling for Taxes Investigation for our clients