SOLB STEEL
April 2015 Till Present
Financial Reporting Section Head
Key job responsibilities:-
• Prepare the monthly, quarterly & annual Reports, managing the internal and external review for these documents.
• Prepare yearly budget & 5 years business plan for strategic company vision.
• Create and maintain monthly executive meetings package & quarterly BOD package.
• Develop and maintain the integrity of the financial reporting process and financial controls.
• Manage the preparation and distribution of internal financial statements and reports, maintaining the highest quality, reliability and accuracy.
• Monitor and ensure timely identification and compliance with evolving accounting guidance, provide IFRS explanation and prepare technical memos that document issues in a clear, logical and comprehensive manner.
• Communicate and explain accounting issues and evolving accounting guidance to the management team
• Manage communications with external auditors on external financial statements and accounting issues to ensure auditor agreement with company decisions on accounting disclosures, and issues.
• Create, implement and maintain accounting policy documents to improve clarity and consistency
• Develop financial reports and statements for management.
• Implement and maintain reporting procedures to comply with internal control requirements
• Participating in improving SAP procedures with management.
Amiantit Egypt for Fiberglass-GRP Pipes
(LOKMA Group)
July 2011 - March 2015
Senior Accountant
Key job responsibilities:-
• Have complete responsibility for accounts payable and GL system including maintaining accurately the supplier records, timely processing of Supplier payments, accounting and recovery of Supplier claims.
• Following Booking Assets Entries for the Asset register and Assets Documentation.
• Responsible for Payroll Transaction.
• Following Prepaid Expenses and the prepaid amortization entry.
• Reviewing Monthly Overheads and Accrual Expenses.
• Providing supplier balance ageing to higher management for necessary action wherever required.
• Work closely with the accounts manager to keep him updated about the state of the affairs.
• handling Monthly and yearly closing and taking into consideration the adjustments, balances confirmation & functional external audit.
Monthly & Yearly Closing Tasks:-
• Following the Accrual and Provision balances and support it with documents for the audit purposes.
• Support all prepaid expenses with the documents for the audit purposes.
• Classification reports for the Capital Work In progress.
• handling Monthly and yearly closing and taking into consideration the adjustments, balances confirmation & functional external audit.
IFFCO Egypt (Subsidiary of IFFCO International)
July 2004 – June 2011
An International FMCG Company in the Field of edible oil and fats
Refining And processing
Senior Accountant
Key job responsibilities:-
• Have complete responsibility for accounts payable and GL system including maintaining accurately the supplier records, timely processing of Supplier payments, accounting and recovery of Supplier claims.
• Responsible for Prepaid Expenses and the prepaid amortization entry.
• Reviewing Monthly Overheads and Accrual Expenses.
• Following Booking Assets Entries for the Asset register and Assets Documentation.
• The quarterly report of the withholding tax.
• Position of Capital Work In Progress Including the monthly payments and perform Capitalization entry for the Projects which were commissioned.
• Following the monthly entries which related to Payroll (Monthly Due Salary Taxes and Social insurance and Stuff advance entries).
• Work Closely with Tax Consultant and Finance Manager for preparing the documentation for tax inspections.
• Following the monthly balances of the Other Intercompanies.
Additional Daily Tasks:-
• Bookkeeping for the new Projects Expenditures in the factory (Including all the Construction Accounting Responsibility).
• Following contracts
• Down payments
• Insurance deductions
• Retentions.
• Preparing the monthly Payments report.
• Adjusting Final invoices.
• Capitalization after Commissioning.
Monthly & Yearly Closing Tasks:-
• Following the Accrual and Provision balances and support it with documents for the audit purposes.
• Support all prepaid expenses with the documents for the audit purposes
• Prepare a file with full documents for the whole assets which add in the entire year.
• Classification reports for the Capital Work In progress.
• Preparing the Comparative financial statements for Webester Milk (on of IFFCO Companies) including Trial Balance, Income statement, Cash Flow, shareholders ‘equity, Depreciation, Balance Sheet.
• handling Monthly and yearly closing and taking into consideration the adjustments, balances confirmation & functional external audit.
• Preparing the Legal entries (For IFFCO Egypt and 2 Intercompany).
.
Nader & Tarek Elhelaly Chartered Accountant
January 2002 - June 2004
Junior Accountant and Auditor.
As Junior Accountant
• Assorting documents into Receipt / Payment vouchers (Cash / check) and Adjustments Entry.
• Bookkeeping accounts Receivable, accounts payable, Assets, banks, revenue, expenses And taxes (manual or on excel sheet) (American books, general ledger, sub ledgers).
• Preparing trial Balance (linked with excels sheet if it's not manual) and comparative financial statement.
As Auditor Accountant
• Audit All accounts (accounts Receivable, accounts payable, Assets, banks, revenue, expenses And taxes).
• Preparing the audit file linked with the trial balance through lead schedules (with comparative accounts details).
• Attaching the audit notes, the auditing report and Comparative financial statements (Income statement, Cash Flow, shareholders ‘equity, Depreciation, Balance Sheet).
• Preparing recording legal entry (opening balance, monthly adjustment and closing adjustment ) after every season.
• Companies:
a. Tours, Health Care,
b. Advertising,
c. Contracts,
d. Touristic Establishments (Cruise line)
e. Industrial Company.