Head Of Finance
Seven Pillars International Integrated Education
Total des années d'expérience :24 years, 3 Mois
o Driving the company's financial planning.
o Performing risk management by analyzing the organization’s liabilities and investments.
o Decide on investment strategies by considering cash and liquidity risks.
o Control and evaluate the organization’s fundraising plans and capital structure.
o Ensure cash flow is appropriate for the organization’s operations.
o Manage vendor relationships.
o Prepare reliable current and forecasting reports.
o Ensures timely payments of vendor invoices and maintains accurate records and control reports.
o Review applicable accounting reports and accounts payable register to ensure accuracy.
o Implement policies and procedures to strengthen internal controls and improve invoice workflow.
o Develops, implements and maintains systems, procedures and policies, including accounts payable functions to ensure adherence to company guidelines.
o Prepare reporting on key performance indicators and other ad hoc reports.
o Ensure all inquiries from internal and external customers are addressed by the team in a timely and professional manner.
o Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements.
o Monitors spending for adherence to budget, recommends variances as necessary.
Assist in implementation for payment automation.
- Main Duties & Responsibilities:
• Manage and control Etisalat Misr Fixed Assets investment which is around 10 billion EGP to make sure that Etisalat assets are properly handled and controlled.
• Tender Evaluation.
• Request and validate access on oracle for the FA team as per need.
• Reviewing new PO’s to be approved on Oracle.
• Review closing entries made by subordinates and handling audit requirements.
• Post mass additions to FA module and run depreciation.
• Reviewing monthly backup related to Fixed Assets accounts.
• Prepare annual physical count instructions and follow up for physical count variances and justifications.
• Prepare cash projection for major Fixed Assets suppliers.
• Reviewing new LOI's, LOA's and contracts related to Fixed Assets.
- Achievements:
• Build ERP system for Fixed Assets Register per each assets and locations.
• Build Assets Tracking System (ATS) for IT assets items.
• Establishing Financial Accounting process / procedures/ policies related to Fixed Assets.
• Create new automated reports to meet other finance divisions requirements through ADI.
• Build Insurance register for Fixed Assets that fall under Etisalat Misr custody.
• Build Capital Commitment register.
• Capitalization of interest & salaries related to sites under construction.
- Main Duties & Responsibilities:
• Prepare monthly consolidated financial statements for ECMS and Mobinil Telecom.
• Receive the different performance reports from other finance functions.
• Assist in reviewing the backups needed for the monthly financial statement.
• Prepare part of the financial reports required for auditing purpose.
• Prepare reconciliation and accruals for some accounts before monthly closing.
• Analyze financial data & figures and check discrepancies.
• Review closing entries made by subordinates and handling audit requirements.
• Review the input provided by other finance functions into the financial statement.
• Prepare & Report the financial statements as per Shareholders standards & Mapping.
• Applying Sarbanes-Oxley (SOX) internal controls to the financial structure of the company, and introducing these controls to my division.
- Achievements:
• Create new automated reports to meet other finance divisions requirements through ADI.
• Facilitating Mobinil financial accounts mapping to meet shareholders packages.
- Main Duties & Responsibilities:
• Tracking all the purchase orders related to inventory.
• Prepare J.V. for all transactions related to receiving goods.
• Calculate the average cost of each item of inventory.
• Responsible for reconciliation of supplier statements with company records, coordinating with supplier on adjustment, liaising the same with my manager and finally making the supplier payments.
• Review the charges related to custom duties, port landing, clearing & transportation.
• Preparation of bank payment vouchers and cash payment vouchers.
• Review of bank accounts and preparation of bank reconciliation statements.
• Prepare the advices for H.Q. or our subsidiary companies.
• Prepare monthly financial report for two subsidiary companies.
• Preparation of monthly analysis of accounts receivables and accounts payables.
• Assisting in the month end closing which includes reviewing the journal vouchers with data entry on the system.
- Main Duties & Responsibilities:
• Collect the entire document related to inventory.
• Tracking all the purchase order related to inventory.
• Update database with all documents to determine the daily inventory balance in all location.
• Received all the invoices related to inventory and update it on invoice register.
• Prepare J.V & P.V on oracle related to inventory.
• Calculate the average cost of each item of inventory.
• Prepare & records the monthly entry for Cost of sales.
• Prepare the break down for inventory balance with fully back up.
• Prepare the stock coverage report and inventory analysis.
• Prepare monthly-required reports such as purchasing related to inventory, inventory out, stock coverage and inventory balance.
• Establishing procedures and process for new project related to inventory.
• Compare the actual stock issued according to (LCS) with the actual qty. records on revenue dept. according to (CAR).
• Prepare for the annual physical count.
• Prepare the expenses vouchers.
• Prepare the entries related to rent and electricity.
- Achievements:
• Reducing the variances related to the annual physical count.
• Getting the LCS for most locations equal the physical count with serials.
• Create some reports that help the other channels (Example: Inventory Balances report).
• Monthly reconciliation for Distributors & Shops issuance between CAR & LCS.
Accounting