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Financial Accounting

Location:
Egypt
Posted:
October 18, 2017

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Resume:

PUBLIC

Villa ** El-Mushier Ahmed Badawy St. New Cairo, Cairo, Egypt

ac2the@r.postjobfree.com https://www.linkedin.com/in/mohamed-m-m-sharaf/ +20-100-****-*** Core Competencies

Global Financial &

Strategic Planning

Controllership &

Decision Support

Business Valuation &

Corporate Planning

Budgeting &

Forecasting

Internal & External

Auditing

Financial Reporting &

Analysis

Cost Control, Financial

Accounting & Taxation

SOX (Sarbanes-Oxley

Requirements)

Team Building &

Leadership

SWOT, Six Sigma and

Market Analysis

Business Process

Reengineering (BPR)

Strategic Analysis &

Financial Risk Control

IT Skills

Oracle Financials BS and SAP ERP

Microsoft Dynamics GP ERP Software

PeopleSoft, Essbase and QuickBooks

Microsoft Office Suite, MS Excel & Access

Cognos TM1 and Saracen Systems

Hyperion Financial Management

Executive Profile

CMA with rich experience in spearheading commercial functions involving Corporate Finance, Financial Accounting, Costing, Reporting, Forecasting, Budgeting, Business Analysis, Project Appraisal, Hedging & other business control functions Capital Growth Strategies & Business Economics Expert with a track record of establishing consistent and business practices; deployed MES (Market Expansion Strategy) to achieve 60% business growth and high ROI Successfully managed benchmarked international corporates with huge portfolios up to US$ 531 B & US$ 65 B revenue

Led the development of IFRS, Local GAAP, statutory compliant reports & provide consultations for investments

Ensured adherence to acquisition rules for intercompany mergers from proper financial and legal perspective

Contributed in introducing SAP 6.0 ERP integrated framework as a head of the steering committee in 2014

Developed financial strategies, participated in the divisional and corporate decision-making process, financial reporting, monitored CAPEX and OPEX metrics, liquidity ratios, and reported all capital commitments and expenditures Adopted pragmatic approach in improvising on solutions and resolving complex business issues; directing strategy development and business & operational transformation execution while ensuring best practice, MBO & ABM concepts A strategist & implementer with proficiency in spearheading business to accomplish corporate plans & goals successfully

Education & Certifications

CMA (Certified Management Accountant), IMA (Member); 2017 IFRS (International Financial Reporting Standards); IASB; 2015 Business Diploma Finance, HR and Business; University of Cambridge; 2013 Diploma in Business Communications; University of Cambridge; 2011 Bachelor of Commerce (Finance & Accounting); Ain Shams University; 2009 Career Timeline

MOHAMED SHARAF Finance Manager at HSBC

SENIOR MANAGERIAL ASSIGNMENTS

FINANCE & ACCOUNTS

“A dynamic & versatile leader offering over 10 years of experience with commendable contribution in managing corporate financial and management accounting and auditing functions both in operational and regional roles and rendering cost savings for the organization” 2007-2009

MAZARS (CPA

Firm) as External

Auditor

2012- 2014

Amazon Inc. as

Senior Financial

Analyst

ITWorx Ltd. as

Senior Financial

Accountant

2009-2012

HSBC Holdings PLC

as Finance

Manager

Since 2014

PUBLIC

Notable Accomplishment Across the Career

At HSBC Holdings PLC

Contributed towards consolidating 22 legal entity for fiscal year end closing purposes by Preparing / issuing (Statement of Financial Position, Income Statement, SCF, Shareholders Equity) standalone and consolidated financial statements Augmented regional earnings by 17.8% by offering financial products which give privileges to customers, therefore keep them connected with opportunities Established new accounting & MI reporting cycles as well as developed managerial / financial technicalities fostering corporate mission which resulted in reduced costs by EGPK 250 per month and increased efficiency

Conferred with Best Team & Best Leader Award for Q4 2016 across the group during Appreciation Day for Management

Coordinated with PWC and E &Y in assurance duties and negotiated FS before final submission

Collaborated with the senior management team in improving and executing strategies and processes, accomplishing corporate goals and profitability for the part of the group having an annual revenue of US$ 720 Million with more than 6000 employees Led the sale and successful merger of 3 public companies resulting in over US$ 65 Million cost saving through a synergy of departmental efficiencies and a sales increase of over US$ 30 Million through product cross-marketing Completed integration of an international US$ 15 Million PayPal product acquisition At Amazon Inc.

Recommended & implemented budgetary changes to increase company profits; managed $ 220 M annual budget that grew 120% in 2 years and provided feasibility studies and projected financial statements for current/prospective investments Increased cost efficiency by 60% and improved profitability by reducing product return rates to 30% Created a multi-dimensional strategic plan for the assets custody and sale of group impaired fixed assets Deployed Six Sigma to increase client gross margin and reduce client spending and implemented cost accounting. Devised and published metrics and KPIs to be incorporated into the monthly financials and scorecards Led a team of 5 members towards achieving successful and unique goal congruence Translated business requirements into system requirements through analysis of the existing Oracle Finance system including 6 different system interfaces with other applications Drove cost savings by coordinating with cross-functional teams and leading process improvement initiatives that resulted in annual saving of US$ 45 Million

At ITWorx Ltd.

Contributed as:

o GL accountant to maintain chart of accounts and record accurate entries on daily basis and create financial statements o A/P accountant to process vendor invoices, create payments, follow-up with prepaid consumptions, accrual basis alignment and provide disbursement schedules.(for 9 months of rotation) o A/R accountant to control receivables accounts (NRV), credit control, manage revenue and monitor provision of doubtful and write-offs in addition to provide aging analysis (13 months of rotation) o Treasury Accountant to manage expenditure and collections, prepare cash projections and cash flows, follow-up with LGs & LCs and manage commercial bank accounts and other accounting duties (overdraft and lines of credit)

Restructured company charges & recoveries

CIP by implementing ABC / GPK cost

accumulation systems

Successfully implemented an enhancement

in existing SOPs and hierarchies to facilitate

work environment aspects

Played a key role in introducing SAP 6.0 ERP

integrated framework as a head of the steering

committee in 2014

Administered benchmarked international

corporates with huge portfolios up to US$ 531 B

& US$ 65 B revenue

Improved the timeliness of month-end financial

reporting from approximately 15 to 5 days

Selected and implemented SAP ERP system for a

US$ 23 Million business unit

Conceptualized MES (Market Expansion

Strategy) for long-term profit focused plan 60%

growth initiated, 2017

Pivotal in successful execution of global project

[CTA] for cutting cost, achieving targeted saves

figures (USD 36.7 M), 2015-16

Eliminated waste by instituting lean operations

to optimize direct & indirect cost across the

enterprise by 45%

PUBLIC

Professional Experience

Since Jan’14 with HSBC Holdings PLC, Egypt as Finance Manager May’12 – Jan’14 with Amazon Inc., Egypt as Senior Financial Analyst Oct’09 – May’12 with ITWorx Ltd., Egypt as Senior Financial Accountant Key Result Areas:

Instituting the financial and accounting policies & systems; establishing product line profit & loss statements to identify opportunities & risks; formulating business plan and reporting the same to Top Management, Board of Directors and Headquarter for corporate policy development

Steering overall financial operations encompassing accounting, budgeting, trial balance, accounts & bank reconciliations, consolidation of financial statements and other financial functions while adhering to governmental laws and regulations Performing and Supervising forecasting & budgeting (APP process); reviewing and controlling AOP versus actual; using costing techniques and performing detailed variance analysis procedures & subsequent functional responsibility accounting Establishing internal control disciplines throughout the region towards maintaining integrity and accuracy of financial repor ts Conducting effective operational, financial analysis and strategic recommendation for the company’s management team Generating MIS reports and handling financial reporting to provide feedback to the management on statements for purchase, credit risk, cash management, discounted cash flow and fund flow and so on Ascertaining long & short-term funding, economic & industry comparisons, execute business MIS, financial analysis, reviews strategic & annual planning emphasizing maximum resources/assets utilization to enhance competitive advantages Assessing & analyzing organization’s revenues, liabilities, credit conditions, and other financial indicators to forecast its short, medium, and long-term cash flow position; executing Forex hedging, recommending investments, funding sources, and other financial instruments to meet these cash flow needs and ultimate ROI & RI Spearheading all financial transactions, reporting and policies including general ledger maintenance, accounts payable & receivable, balance sheet reconciliations and corporate/ overhead cost allocation Administering the execution / application of local GAAP and International Financial Reporting Standards (IFRSs) for preparing analyzing financial statements (balance sheet, P&L, OCI, cash flows, and changes in equity) Devising audit plan for the year and ensuring that the audits (internal & external) are completed within timelines; adhering to government regulations and contractual agreements Monitoring compliance related activities which involve the review of annual tax filing and projections, evaluating the tax effect and implications of business strategies and proposals, and providing data for the company’s accounting; ensuring adherence to local tax regulations (corporate tax returns, VAT) and other tax related issues Collaborating with banks and financial institutions for fund raising; utilizing funds to meet working capital and project requirements

Offering technical expertise on financial issues to functional or operational managers to help them develop revenue and expense budgets, understand financial reports, and manage their financial responsibilities Understanding and coordinating for business needs & enhancements; formulating strategies for the effective management, execution and delivery of programs

Recommending and implementing operational service improvements; adhering to corporate quality compliances, and other corporate quality initiatives

Deploying value reengineering activities of corporate capital structure and leading business transformation Lead and manage finance department which consist of Accounting, Finance, Costing and Budgeting & Reporting functions Previous Experience

Apr’07 – Oct’09 with MAZARS (Mostafa Shawki & Co. CPA Firm), Egypt as External Auditor Soft Skills

Personal Details

Date of Birth: 7/4/1987

Languages Known: Arabic and English

Team Player Problem Solver Analytical

Collaborator Communicator Innovator



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