Yasser Rashwan Rashwan

co
• Management works

• Managing and oriented the staff to increase the productivity and skills under continuous
Improvement basis
• Improve the procedures by removing or adding what be matching and suitable to work environment .
• Attend periodically board of directors meeting for discussion in the company results and discussion any challenges
• Finance &Banks relation
• Opening LCs, follow up in the bank Murabha Refinance under shrot term loan agreement . and following up the loan settlement in the maturity date through Maturity and interest table .
• Supervision payroll with HR, review and approval . review and approve the payment to employees for vacation and end of services .
• Review and approve the payment to supplier either forgien or local . and make update to their information through the payable accountant .
• Follow up the customers’ accounts through aging report and notice the sales staff and top management about the riskey customers through the customers capacity and creditworthiness by analytical information .
• Review the customers credit application either old or new and adjust the credit limit and terms to be matching the customers size and value . after approval from sales manager and top management if required
• Follow up the collection activities to enable us to prepare our monthly forecasting cash flow .
• Budgetary works

• Operation and Capex preparation by the following steps .
• Gathering the sales value and Qty from branches and sales representative .by item wise, customer wise and compare it by forecasting sales prepared by me through breakeven and forecasting sales analysis . to be sure that the figure putted by sales representative reliable and achievable .
• Gathering the expenses by branch wise and compare it with the previous year actual expenses to be sure that there is no budgetary slack from their side and review them if there is adjustment required . then finishing the draft to sumbit to Top management to accept it after discussion with the branches in sales and expense figures . then Apply it and make monthly variances anlaysis and submitting with monthly report .
• Prepare the monthly forecasting cash flow.
• Accounting work
• Review the leadger and trail balance daily and monthly basis before closing
• Closing the month and prepare the financial report include ( PNL, BS and cash flow statement . by branch wise .
• Finishing the auditing requirement with delloite ( the current external auditor ) to enable us to get the balance sheet final draft .
• Control works .
• Control the stock value to avoid high puffer stock and unusable investment. and make report about near expiry stock and no moved items for the sales staff to take the necessary action to liquidate the stock through promotion or any tools .
• Supervise the physical verification periodically through appoint particular accountant or by myself through visit the branch suddenly .
• Batch close and investigate the variance between actual and standers cost before closing.
• Cash weekly report prepared by the cashier and should be submitted to me to be sure that the physical amount or countable amount matching with our records.
• OTHER NONFICTIONAL WORK .
• Wages protection system program management .

Control all activities for accounts department, manage the works, improve the procedures in the accounts department, prepare the annual operating budget, prepare the budget quarterly results and make financial Ratios analysis with investigation and interpretation for variances either favorable or unfavorable, prepare monthly PL and monthly bank reconciliation for report the board of directors., prepare forecasting cash flow, deal with banks and finish any agreement like facility with the bank and personal loans agreements in connection with group financial controller. Review projects payroll, prepare aging schedule for receivable and payable, pricing all new bids and use my experience and oversight to expect some items of costs.

Attending PQs, Project Pricing, Finalizing the Quotations and budgeting. Preparation and submission of Bid Proposals, Pricing. Cost forecasting, and supervising the monthly invoice preparation and submission to various clients. Overseeing local logistics. Generating the requisition through the frequent interaction with clients.

Dealing out of Kingdom recruitment agencies financial matters.
Solve any problems with outside recruitment agent ( in UK, US, SOUTH AFRICA, OTHERS.)vist our projects side and collect any problem related to these projects.

Head for accounting and finance department for group consist of 4 companies between trading and manufacturing . responsible for banks relation ship, study for banks facilities and negotiate to get more benefits either by reducing the cost or improving the term and conditions, establishing new financial reports professionally so that help management to take the operating decisions for example ( financial report template shown the result of showrooms, regions and sectors with financial analysis including break even points showroom wise and the evaluation for each showroom monthly basis , break even analysis by product wise for all trading items, reporting for stock evaluation ( moved, non-moved and fast items, using pivot table template to present some important report including customers, suppliers, stock .....so as so, managing the accounting staff and increasing their experience and learning them the professional methods enable them to close the month correctly and professionally ., managing forecasting cash flow for the group, managing the supplier relation ship form payment and financing view point . make training seminars for the staff, sales, purchasing department for VAT through slides presentation

 Financial Analysis - Ratio Analysis, comparison statement of the company.
 Directs & coordinate activities of employees within the department making sure department operates in line with policies & procedures of CMA.
 Develops & manages annual departmental budget
 Ensures that engagements are smoothly implemented and in line with agreed deliverables.
 Offers continuous training to employees to improve productivity, knowledge base, performance and compliance to rules & regulations.
 Performs miscellaneous job-related duties as assigned.
 Preparation of Company Budget, company accounts, Management Information report, Salary due report & other reports.
 Managing and controlling the Finance department operations and functions.
 Liaise with Bank for the smooth transaction of the company (Internally & Externally

 To Reconcile Cash against client statement with that of Prime broker.
 Daily reconciliation of all cash balances trades and positions. Furthermore, we will remain responsible for clearing all breaks appearing on daily recs.
 To Reconcile Position & Accounting statements for allocated hedge funds.
 To raise Query in case of Discrepancies & try to resolve the issue, interacting with client & PB.
 To resolve all the discrepancies for each month end for the given Hedge Funds.
 Gain wide knowledge about instruments like equities, options, bonds, swaps, and other derivative.

 Accountable for day-to-day financial accounting
 Responsible for many banking operation of day to day nature, Liaison with banks, Reconciliation, monitoring bank facilities. L/C’s, L.T.R, Guarantees, imports etc.
 Preparation of monthly payroll, staff Leave/Final settlement & payment thereof.
 Debtors / Creditors Reconciliation, age wise analysis, Collection & Payments.
 Handling imprest cash, Bank & other important documents.
 Handling Inventory control, Costing, Purchase, Sales & Import documentation, clearing from the port & their follow up etc.
 Local & foreign purchase order processing for capital & misc. purchase.
 Handling Month/Year end closing process, Annual stock count & valuation.
 Coordinating with the Auditors, preparation of the budget, Assets Schedules & Audit schedules etc.
 Independently handling all accounts up to finalization. (Preparing Trail Balance, P/L A/c, Balance Sheet & various analytical reports.