Financial manager
Pharmaceutical company
Total years of experience :20 years, 9 Months
Financial manager from April 2012 till Present
As mentioned in my CV.
As mentioned in my CV.
Chief Accountant, Lokma Group from Jan. 2006 to July. 2008
A/P & A/R Section Head, Lokma Group from Jan. 1998 to Dec. 2005
Job Responsibilities during working Accounting Manager & Chief Accountant in Lokma Group: •Participating with other departments in preparing the master budget
•Supervises and coordinates activities of staff
•Posting the accounting entries into the company Computerized System.
•Distribute all direct and indirect cost on products due to determined base
•Responsible for preparing Balance Sheet Statement
•Responsible for preparing Profit and loss account to Control cost of good sold and all other expenses are within the budget
•Preparing Cash flow and Cash flow budget
•Control accounting procedures for all sections to make sure that the accounting principles are applied.
•Dealing with tax issues, inspections and update Taxes Laws information
•Dealing with internal auditors (Magdi Hashish, Hazem Hassan, Price water house & Coopers and B.D.O Khaled razouk)
•Generate monthly reconciliations for all p/s accounts prepared by all sections
•Prepare chart of accounts and edit
•Generate financial reports due to management requirements
•Supervise special assignments staff to deal with problems
•Reviewing System Control for all section cycle.
Job Responsibilities during working A/P & A/R section head, Lokma Group: 1-A/P Section Head Responsibilities: •Set the purchasing cycle
•Supervise the staff to ensure the cycle is applied
•Responsible for Accounts Payable for all local & foreign suppliers
•prepare weekly report for Accounts Payable as input for cash flow
•prepare weekly report of advances paid to vendors not settled which
Guaranteed by letter of guarantee
•Review all A/P entries before posting and controls accurate recording
•Preparing the planning and calculation of depreciation for Fixed Assets
•Preparing confirmations of balances with major vendors
2-A/R Section Head Responsibilities: •Set the A/R Documentation cycle
•Supervise the staff to ensure the cycle is applied
•Responsible for A/R for all local & foreign Customers
•prepare daily, weekly and Monthly report for A/R, customers accounts Agieng, LG, s, Advances, Cheques under collection, due and not due balances and consolidation by customers
•Follow Customers credibility to ensure all agreements are applied
•prepare Daily report to chairman for actual sales and collection comparing to budget to follow achieving goals for every account manager
•prepare backlog for all projects
•Preparing confirmations of balances with major Customers
•Review all A/R entries before posting and controls accurate recording
•Attend weekly A/R meeting
Job Responsibilities During working as an accountant, Lokma Group: •Responsible for sales transaction from receiving delivery notes till recording sales transactions on the company Accounting System.
•Issuing sales invoices and Customers withholding taxes.
•Responsible for customer accounts and their aging reports.
•Responsible for vendors accounts.
•Responsible for preparing Bank Reconciliation
•Enter Transaction for bank accounts
•Responsible for letter of credit & letter of guarantee
•Evaluate the foreign currency
•Recheck the Interest rate for loans & Time deposits
•Review Po's & invoices for payment in due date
•Responsible for paying Misc. invoices (elect. water, telephones, other
Utilities)
•Preparing cost sheet
•preparing stock journals
•Responsible for physical count
•dealing with any differences in statement of account with vendors
And customers
• University: Cairo University • Major: Accounting • Grade: Good • Preparing CMA (new version) • Communication skills course in I.M.I • Leadership Skills for Supervisors course in AmCham (CDC) • Financial reporting & analysis course in AmCham (CDC)