Waleed Elshahed

●​Adhered to the specific corporate reporting and financial policies mandated by the General
Authority for Investment and Free Zones (GAFI).
●​Monitored imported/exported goods and managed duty exemptions specific to Free Zone
operations.
●​Handled Free Zone corporate duties, facilitating periodic audits, and working with local banks
and Free Zone authorities.
●​ Led month-end and year-end closing processes, including journals, accruals, and deferrals.
●​ Prepared financial statements and other reports required by management.
●​ Performed complex bank and ledger reconciliations to resolve discrepancies.
●​ Reviewed purchase orders, verified 3-way matching, and processed supplier payments.
●​Managed billing and collections, tracked aging reports, and sent account statements to clients.
●​Assisted management in building budgets, variance analysis, and controlling costs across
operations.
●​ Managed enterprise accounting systems QuickBooks.
●​Designed and implemented controls to safeguard company assets and improve financial
efficiency.

Accounts Receivable and Bank Reconciliation:
• Followed up daily revenue and reviewed invoices upon receipt of Internal and external maintenance.
• Followed up and collected the debts of agents.
• Made invoices for agents inside and outside the warranty.
• Performed direct sales of spare parts for the branch and agents.
• Conducted daily inventory of income revenue and statements.
• Deposited all revenues in the Bank.

Accounts Payable:
• Held the petty cash fund.
• Performed end suppliers payables and followed up the extract of their checks.
• Monitored expenses and ensured they matched with the companys policy.
• Made replacement statements for expenses and their limitation.
• Analyzed expenses and discussed them with the Hub manager.

Compliance Revision and Controlling:
• Followed up registration of invoices and receipts on the System and
• ensured that the balances of our customers were accurate daily.
• Followed up spare parts held by technicians.
• Carried out warehouse inventory spare parts, product returns, damaged production, and workshops.
• Calculated the replacement reports, calculated the consumption ratios of the product, and performed the
documentary cycle to end the replacement process.
• Reviewed warranty exchange for the branch and agents and made sure to attach all documents required
for the validity of this transaction.
• Reviewed all the work orders and invoices of branch agents inside and outside the warranty.

Monthly Closing and Reporting:
• Conducted the monthly closing for the branch and its agents.
• Extracted and reported financial reports on the branchs sales and expenses.
• Followed up the purchases of agents and reported the number of purchases to achieve the target.
• Made sales reports of spare parts.
• Made reports of returned products.
• Submitted annual reports about inventory status after the completion of the inventory.
• Reported to the branch manager, the accounting manager, and the area manager.
• Utilized ERP system, Oracle, for financial data management and reporting.