Tarek Mostafa

Managing statutory reporting, tax compliance, tax inspections, and other financial matters.

Financial Strategy and Governance

• Collaborate with the CFO, CEO, and other senior management members to develop and execute business strategies, providing financial insights and guidance on key decision-making processes.
• Communicate and report all key updates to the CFO, EMEA CFO, and EMEA Financial Controller.
• Review the monthly forecast and report key financial ratios.
• Participate in inventory E&O, AR overdue, and Capex meetings, offering guidance and advice.
• Prepare presentations for BOD meetings and AGMs covering investment decisions, dividend proposals, and any financial matters.

Financial Reporting and Analysis

• Ensure that the financial reporting complies with EASs, IFRSs, US GAAP, and all legal and regulatory requirements.
• Monitor the monthly and year-end closing processes, ensuring accuracy and timeliness in reporting through HFM.
• Conduct financial analysis and investment appraisal to identify trends and opportunities for improvement.
• Review the revenue contracts with customers and other significant agreements to evaluate their impact on the financials.
• Review the GL reconciliations prepared by the finance team to ensure accuracy.
• Review the health check report and TRM report, and discuss the tax exposure with the external tax consultant.

Control, Audit and Risk Management

• Manage internal and external audits, discuss and respond to identified observations and findings, and establish and monitor corrective actions.
• Monitor the control environment, identify and report any issues, provide regular advice, and implement improvements.
• Establish, maintain, and coordinate the implementation of accounting and control procedures.

Leadership and Team Management

• Collaborate with other departments in all financial matters, ensuring that the required support is provided by the finance team.
• Provide leadership and direction to the finance team, fostering a culture of continuous improvement and professional development.

• Manage audit engagements for listed and large companies in different industries.
• Lead the audit team, communicate the findings with the clients, and report to the senior audit manager and the partner.
• Ensure compliance and adherence to EY Global Audit Methodology and internal policies in all engagements.
• Review the Corporate Governance Report prepared by the management according to the Egyptian Code of CG.
• Perform agreed-upon procedures engagements for various clients.
• Prepare and submit technical consultation for accounting and audit matters.
• Develop the accounting manual and prepare pro forma consolidated financial statements for EGPC after group restructure.
• Prepare the budget for the audit engagements.
• Participated as a team member in three internal audit projects in Egypt and KSA.
• Create a positive impression with the client and deal with any communications in a professional manner.

Participated in the Ministry of Finance Cash to Accrual conversion and IPSAS adoption project for the Ministry of Health in KSA.

• Deliver technical presentations to the ministry team and EY team.
• Prepare weekly presentations and monthly reports for the Ministry of Health project manager.
• Supervise and facilitate the recording process of transactions by EY team and ministry team for all contracts and other documents.
• Prepare technical memos for accounting treatments under IPSAS.

• Apply EY Global Audit Methodology in all audit phases using EY Canvas (Audit software).
• Gain and update the understanding of the client’s environment including Industry, regulatory framework, objectives, strategies, and related risks.
• Understand, evaluate, and test the effectiveness of the client’s internal control systems to assess the risks and develop an audit strategy.
• Lead, supervise, and mentor audit staff members as appropriate to ensure quality.
• Conduct the audit fieldwork by developing and executing proper analytical and substantive procedures.
• Prepare audit reports and management letters based on audit findings.
• Prepare engagement letters for clients.
• Prepare, translate, and review EAS and IFRS PowerPoint presentations for EY Academy.
• Participate in the IFRS Conversion project for EEHC (Egyptian Electricity Holding Company) group and offer technical support.

• Applying EY Global Audit Methodology in all audit phases and using EY Canvas “Audit software” and Data Analytics tools.
• Gaining and updating understanding of the client’s environment including Industry, regulatory framework, objectives, strategies, and related risks.
• Understanding, evaluating & testing the effectiveness of the client’s internal control systems to assess the risks and develop an audit strategy.
• Lead, supervise, and mentor audit staff members as appropriate to ensure quality.
• Conduct the audit fieldwork by developing and executing proper analytical and substantive procedures.
• Preparing audit reports and management letters based on audit findings.
• Preparing engagement letters for clients.
• Prepare, translate, and review EAS and IFRS PowerPoint presentations for EY Academy.

• Obtain an understanding of the client's business, cycles, and internal control procedures.
• Assist in all aspects of the audit process including planning, risk assessment, execution, and completion.
• Report audit findings, impacts, recommendations, and control issues to the in charge of engagement.
• Perform a substantive test of transactions and accounts balances for significant accounts.
• Participate in preparing management letter points.
• Review compliance with Egyptian accounting standards, tax laws, and regulations.
• Establish good working relationships with colleagues and client team members.

• Perform a substantive test of transactions and accounts balances for significant accounts.
• Perform analytical procedures "Trend, ratios and reasonableness test" for significant accounts in the financial statements.
• Report audit findings, impacts, recommendations, and control issues for tested accounts to the senior auditor.
• Obtain an understanding of the client’s business, cycles, and internal control procedures.
• Perform walkthrough for cycles in interim date and test of controls.
• Review compliance with Egyptian accounting standards, tax laws, and regulations.
• Establish good working relationships with colleagues and client team members.

• Perform analytical procedures "Trend, ratios and reasonableness test" for significant accounts in the financial statements.
• Perform a substantive test of transactions and accounts balances according to the audit procedures of Voyager (Audit software).
• Report audit findings, impact, recommendations, and control issues for tested accounts to senior auditor.
• Attend physical count for cash, fixed assets, and inventory of companies at the end of the fiscal year.

• Examine journal entries to review accounting treatment, accuracy, and classification with appropriate audit evidence.
• Recommend and prepare the adjusting entries to correct the misstatements
• Record financial transactions in companies’ statutory books and records.