Mohamed Hefny CMA

Finance Manager

Finance Manager

1- Dealing With Banks: For facilities utilization including Loans, Overdraft, LCs, IBCs and. LGs. Facilities renewal and restructuring.

2- Financial Control : Setting policies and procedures, Internal Control, Internal Audit, Review of the Periodical accounts closing ( Monthly, Quarterly income statement and balance sheet )

3- Financial Reporting: For top management decision making and full financial analysis and performance analysis ( KPI ). Monthly & Quarterly review of financial statements. And redesigning the reporting system in the company to fulfill the management requirements .

4- Planning: Strategy formulation - Preparing budget for short term and strategic plan for long term. Preparing the flexible budget. Budget analyses and flexible budget variance analysis that helps management to take corrective actions - reporting Projections and projects Budgets.

5- Treasury control: Follow up and monitoring all funds requirements and monitoring cash flow. Follow up the A/P - A/R - Inventory and other assets and liabilities that affects the cash flow.

6- Contracts Audit. Controlling bids Costing and payments to contractors and reporting in construction companies.

7- Implementation of Accounting software: selection and implementation of accounting software that optimizes the utilization of IT. And/Or Reviewing the currently used software and make changes that optimizes the utilization of the system.

8- Costing :Controlling costing procedures for imported and manufactured goods and pricing policies. In addition to services pricing.

- Full Control of accounting dept..
- Implementation of accounting package.
- Financial reporting to chairman and board
- Contracts Audit. Controlling bids and payments to contractors .
- Planning . Budgeting and projections.

1- Dealing With Banks: For facilities renewal and restructuring. LGs, LCs.
2- Financial Control : Setting policies and procedures, Internal Control, Full control of Financial Department, Review of the monthly accounts closing ( Monthly income statement and balance sheet )
3- Financial Reporting: For top management decision making and full financial analysis and performance analysis ( Kpi ). Monthly & Quarterly review of financial statements.
4- Planning: Strategy formulation - Preparing budget for short term and strategic plan for long term. Preparing the flexible budget. Budget analyses and flexible budget variance analysis, reporting Projections and projects Budgets.
5- Treasury control: Follow up and monitoring all funds requirements and monitoring cash flow.

1- Financial Control - Full control of accounting department. Review of the monthly accounts ( Monthly income statement and balance sheet ) - Review of A/R and collections, A/P and payment procedures - Full control of the financial position and review of daily accounting work by the accounting dept - pay roll review, Fund requirement and treasury overall review, Conducting the auditing for the year end closure and preparing the balance sheet.
2- Planning - Preparing budget for projects and feasibility study - preparing yearly budget and strategic plan for long term. Preparing the flexible budget. Budget analyses and flexible budget variance analysis.
3- Reporting - Preparing financial analyses and budget analysis and reporting to the Managing director.
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1- Controlling the whole work of accounting department. And assuring accuracy of records.
2- Monitoring the limits and utilized amount of all bank facilities including Overdraft facility, Sight and acceptance letters of credit, Inward Bills for collection, Guarantees, Loans, Bills Discounted, Refinance L/Cs., and all other banks facilities
3- Full Treasury control and follow up and monitoring all funds requirements and obligations due to banks, and foreign suppliers including payment of loans, Bills discounted, payment of accepted bills to the local banks and exporters.
4- Prepare the consolidated monthly Balance Sheet and complete all work required for end of year closing, prepare the balance sheet, and deal with auditing office for finalizing the balance sheet.
5- Budgeting and preparing Monthly financial analysis & Reporting. And preparing the flexible budget and volume variances. And performance measurement.

1- Controlling the whole work of account department, and distribute the responsibilities among the other accountants
2- Monitoring the limits and utilized amount of all bank facilities including Overdraft facility, Sight and acceptance letters of credit, Inward Bills for collection, Guarantees, Loans, Bills Discounted, Refinance L/Cs., and all other banks facilities
3- Follow up and monitoring all obligations due to the banks, and foreign exporters including payment of loans, Bills discounted, payment of accepted bills to the local banks and exporters.
4- Monitor the performance and prepare the profit and expenses accounting related to the affiliated establishment / exhibitions
5- Prepare the consolidated monthly trail balance and complete all work required for end of year closure, prepare the balance sheet and dealing with auditing office

1- Book keeping including posting of all financial entries, in both manual accounting and computerized system.
2- Recording all Credit transactions, also, recording and balancing all cash movements including cash sales, cash receipt, cash payment, cash deposited to the banks, and cheques payment.
3- Recording all banks’ transactions, reconcile banks’ accounts, and follow up all due payments of Bills discounted, loans, acceptance L/Cs. And other due payment to the banks.
4- Prepare monthly trial balance

1- Contenuous Audit for clients accounts
2- Auditing the final accounts - Balance sheet auditing.