cost recovery manager
bp egypt
مجموع سنوات الخبرة :21 years, 4 أشهر
as a cost recovery manager, located in our Joint Venture company or in other words in our operating company, I am responsible for cost recovery analysis, negotiate all audit exceptions raised by our governmental partners, ensure all expenditures are correctly recorded according to expense nature ( capex or opex) to ensure immediate recovery.
supervise and monitor monthly activities conducted by my team members such as :
1- monthly bank reconciliation for external and internal bank accounts
2- cash flow control
3- funding BP egypt accounts with necessary fund to run the operations
4- quarter reconciliation with BP finance head quarter
5- all bank services and activities
6- facilitate communication between BP staff and banks
7- IFA bank reconciliation on quarterly basis
leading 13 employees who were responsible for
1- processing invoices for payment using the purchase to pay cycle
2- general ledger team who were responsible for conducting monthly reconciliation for balance sheet accounts through the BSI reconciliation and perform any corrections needed
3- banking team, who were responsible for all related banks activities
4- intercompany team, who was responsible for BP egypt relation with other BP locations and perform monthly payment settlement through IFA accounts and Hub system
As a deputy treasury manager, i was responsible for closely monitor a team consisting of 15 employees and follow up on their work responsibilities as well as providing necessary coaching and one to one training sessions.
review and approve all accounting entries related to accounts payable system as well as the balance sheet reconciliation and bank reconciliations. work as focal point of contact with BP finance for all funding issues and quarterly reviews
responsible for all intercompany transactions and reconciliation between BP Egypt and all other BP sites world wide including invoice billing, invoice payment, invoice settlement through BP internal funding account as well as focal contact point with bp finance in the head quarter
leading 13 employees who were responsible for 1- processing invoices for payment using the purchase to pay cycle 2- general ledger team who were responsible for conducting monthly reconciliation for balance sheet accounts through the BSI reconciliation and perform any corrections needed 3- banking team, who were responsible for all related banks activities 4- intercompany team, who was responsible for BP egypt relation with other BP locations and perform monthly payment settlement through IFA accounts and Hub system