Financial Manager
Intermaint for Engineering Services
Total years of experience :22 years, 7 Months
- Develop and maintain timely and accurate financial statements and reports that are appropriate
for the users and in accordance with Egyptian GAAP on monthly basis
- Develop, implement, and ensure compliance with internal financial and accounting policies and
procedures
- Ensure that all statutory requirements of the organization are met including, Withholding Tax
, Wage Tax, Income Tax, Sales Tax and Social Insurance
- Document and maintain complete and accurate supporting information for all financial
transactions
- Develop and maintain financial accounting systems for cash management, accounts payable,
accounts receivable, credit control, Inventory, and petty cash
- Reconcile bank and investment accounts
- Review monthly results and implement monthly variance reporting
- Manage the cash flow and prepare cash flow forecasts in accordance with policy for each
working site
- Oversee the bookkeeping function including maintenance of the general ledger, accounts
payable, accounts receivable and payroll
- Manage the acquisition of capital assets and ensure that assets are properly recorded,
amortized, and disposed of as appropriate
- Assist the Executive Director with financial reporting as required at Board meeting
- Oversee all payroll functions to ensure that employees are paid in a timely and accurate
manner
- Maintain financial records for each project in a manner that facilitates management reports
- Monitor risk management policies and procedures to ensure that program and organizational
risks are minimized to an acceptable level
- Advise the organization's Management on appropriate insurance coverage for the organization
and its staff
- Negotiate with Bank for lines of credit or other financial services as required and appropriate
- Monitor all legislation relevant to the organization (employment standards, occupation health
and safety, human rights, etc)
- Maintain good relationship with key stakeholder major customers and suppliers.
- Setting out the financial cycle & procedures for the two affiliated companies
- Implementing QuickBooks Financial software customized to the needs for each company
- Handling & Following up all activities related to our farm’s calves including purchasing, feeding,
vaccination, monthly weighting and selling activities.
- Maintaining Management Reports for each calf status including purchase date, monthly weight,
daily feed cost, shelter cost, management fees and average growth rate and categorized all
calves to its current status ( WIP, Available for Sale, Sold, Sick Sold, Dead, Returned) with
allocated costs.
- Manage the payroll function ensuring efficient systems, process and controls.
- Prepare Monthly Income Statements, Cash flow statements and balance Sheets for two
companies.
- Established detailed budget for the two Companies and preparing quarterly variance report with
supporting assumption and required explanation.
- Preparing all tax calculations and forms required by law withholding tax, wage tax stamp tax
and social insurance.
- Develop cash flow forecasting and maintain a long term cash forecast
- Monitoring monthly physical inventory count process & comparing with book.
- Maintaining Fixed Assets register.
Intralot Egypt
- Develop and maintain timely and accurate financial statements and reports that are appropriate
for the users and in accordance with generally International Financial Reporting Standards
(IFRS)
- Reviewing all Customers & Suppliers Contracts
- Handling Inter-company current accounts -ICA (Booking-Confirmation & Bank Transfer
Payment)
- Reviewing All bank transactions, Interest, Commission & reconciliation
- Reviewing Sales, Salary, Stamp & With-holding tax preparation and social Insurance
- Controlling Fixed Asset Register (Addition, Disposal).
- Controlling all cost & profit centers analysis
- Auditing all GL Transaction & Monthly Closing Entries
- Preparing the budget & comparing it versus the actual result & verify any variance available
- Oversee the External Audit, review and analyze results and recommend for approval the
Audited Financial Statements.
Having the whole Reporting Responsibilities with other branches &
- Setting the Accounting system for sister companies (Kwik Kopy & Computer troubleshooters)
- Making consolidated financial statements for FedEx group.
- Preparing and reviewing detailed budgets and financial forecasts for FedEx Group(Fedex,
Kiwik kopy, Computer troubleshooters) and assist in group business plan
- Managing a company's financial accounting, monitoring and reporting systems
- Review collection reports to determine the status of collections and the amounts of outstanding
balances.
- Developing external relationships with appropriate contacts e.g. auditors, solicitors, bankers
and statutory organizations such as Tax authorities
Liaising with auditors to ensure annual and quarterly auditing is carried out
- Organize monthly close process
- Recruit staff members, and oversee training programs.
- Controlling Accurate G/L recording
- Supervising Accounts Payables
- Making accounts receivable (Invoicing, Credit & Debit memo, Collection, Confirmation &Aging
Analysis.
- Dealing with Internal &External auditors
- Making monthly closing
- Making Payroll Process
- Making the Bank Reconciliation
- Preparing Monthly Reports, Analysis, Financial Statements (Balance Sheet, Income Statement,
Cash Flow
a) The Payable Duties:
- Handling the A/P accounts (Receiving invoices, transaction entry & issuing checks)
- Follow up and auditing of the petty cash payments (on a weekly basis) as well as its
reconciliation
- Preparing expenses reports comparing it with the budget for each department
- Making all appropriate General Journal entries in a timely and efficient manner
b) The Receivable Duties:
- Recording the daily receivable receipts
- Handling the collection procedures
- Follow up the aging of all customers
CMA® (Certified Management Accountant),
ACCA Partly qualified (I have successfully completed 11 out of 14 ACCA exams).
Faculty of Commerce Cairo University