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Finance Manager

Location:
Cairo, Cairo Governorate, Egypt
Posted:
February 19, 2018

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Tarek Elghamrawy

Madinty City Group **, Floor#*-Flat #62-Cairo-Egypt

+201*********

ac4i3j@r.postjobfree.com

Linkedin.com/in/tarek-elghamrawy-4462888

Objectives

To manage the finance of the firm. Develop and suggest several plans to increase the profitability ratio of the company and to manage the finances.

Career Summary

Most of my experience in top Finance position with global multinational companies, during this period, main areas of focus were Financial management; main contributions include accounts payable & accounts receivable, inventory, Monthly Payroll, closing & Bank inter. Company reconciliation, cash flow & Shipping. Clearance and Monthly, Annual Balance Sheet & Income Statement. Budget

competencies

Finance Management

Strong understanding of accounting & financial principles processes and practices.

Years of Superb organizational, project management and process improvement skills.

Experience of preparing Management Accounts.

Computer literate and highly proficient in the use of MS Excel.

Prioritizing and managing multiple tasks simultaneously.

Executing process improvement initiatives.

Personal

Encouraging and inspiring others to excel.

Attention to details but also being able to see the “bigger picture”.

Commitment to supporting core business principles and delivering best practice.

Excellent interpersonal, cross-culture, verbal and written communication skills.

Strong analytical and problem-solving skills.

Education

Helwan University- Cairo – Egypt

Faculty of Commerce & business Administration

1989 - B.Sc. Accounting

Experience

Finance Manager CORONA COMPANY

Jan.2017 – Present

Monitor the day-to day financial operations within the company, such as payroll, invoicing and other transactions.

Oversee financial department employees, including financial assistants and accountants

Contract outside services for tax preparation, auditing, banking, investments, and other financial needs

as necessary

Track the company's financial status and performance to identify areas for potential improvement

Seek out methods for minimizing financial risk to the company Research and analyze financial reports and market trends.

Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making

Review financial data and prepare monthly and annual reports

Present financial reports to board members, stakeholders, executives, and clients in formal meetings

Stay up to date with technological advances and accounting software to be used for financial purposes

Conduct reviews and evaluations for cost-reduction opportunities.

Establish and maintain financial policies and procedures for the company

Understand and adhere to financial regulations and legislation.

Providing and interpreting financial information

Monitoring and interpreting cash flows and predicting future trends

Analyzing change and advising accordingly

Researching and reporting on factors influencing business performance

Analyzing competitors and market trends

Conducting reviews and evaluations for cost-reduction opportunities

Managing a company's financial accounting, monitoring and reporting systems

Liaising with auditors to ensure annual monitoring is carried out

Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue

Ensure that all statutory requirements of the organization are met including Withholding Tax, Income Tax, Properties and Sales Tax.

Maintain an internal control system and provide recommendation for improvement.

Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory.

Producing accurate financial reports to specific deadlines Managing budgets

Understand and adhere to financial regulations and legislation

Financial Manager Rheoserve

Jun.2014 – Dec.2016

Set internal controls and prepare and maintain an effective and efficient document cycle.

Perform daily accounting transactions and operating activities.

Prepare the company's annual budget and financial plan for future years, and monthly compare actual verses budgeted financial information and report it to the executive manager.

Prepare monthly VAT reports, quarterly withholding tax reports, salary tax reports, and social security insurance reports and any report required by the tax auditor to submit and pay it to the respected tax authority or governmental departments on their respected due dates.

Prepare Monthly& quarterly and annual financial statements of the company

Prepares monthly close-out reports according to regulations; profit-loss statements, special financial reports, studies and analyses

Prepare any customized reports requested by the executive manager and provide recommendations to help in the decision-making process.

Follow-up the movement of the actual exchange and feed accounts to meet checks issued and coordination with banks on the scheduling of transfers and overdrafts and the proposal on the management of the company how appropriate to liquidity.

Cooperate with financial auditors, to prepare and fulfill all audit requirements needed to complete the audit and obtain audited financial statements.

Organized and properly file financial and accounting documents for safe keeping.

Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory.

Maintain & implement ERP system and Development.

Hire, train, and build the finance department team when necessary or as requested and required to do so by the executive manager

Monitor and control the company expenses and recommend opportunities for cost reduction

Liaising with auditors to ensure annual monitoring is carried out

Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue

Ensure that all statutory requirements of the organization are met including Withholding Tax, Income Tax, Properties and Sales Tax.

Monitoring and interpreting cash flows and predicting future trends

Analyzing change and advising accordingly

Researching and reporting on factors influencing business performance

Conduct reviews and evaluations for cost-reduction opportunities.

Financial Manager Veolia Water System Group (Multinational Company Construction)

Jan.1998 – Jun.2014

Participate in producing monthly management accounts, budgets & forecast.

Develops and implements the Accounting Department's goals, projects, policies, procedures, methods, and controls

Directs the general accounting activities including maintenance of general ledgers, analysis of computer printouts and review of payroll records

Prepares monthly close-out reports according to regulations; profit-loss statements, special financial reports, studies and analyses

Conduct reviews and evaluations for cost-reduction opportunities.

Keep CFO oriented with work progression and development plans

Provide financial advice to CFO and executive panel

Conduct reviews and evaluations for cost-reduction opportunities.

Establish and maintain financial policies and procedures for the company

Managing a company's financial accounting, monitoring and reporting systems

Organized and properly file financial and accounting documents for safe keeping.

Review the annual sales forecast to ensure that it is in compliance with the annual budget

hiring of staff and Manage time and attendance policies and records

planning and conducting new employee orientation

Manage utility and procure and manage inventory of office furniture

Provides data, reports and other information to asset in the preparation of the annual budget; forecasts revenues, expenditures and year-end balances

Overseeing internal financial controls.

Update the contract synthesis after the finance department update the revenue recognition excel sheet with actual of the month, then upload updated contract synthesis for ES, DB, & Sokhna on XRT website (Projects).

Develops and monitors the cash management program

Monitor revenue recognition practices to ensure 100% compliance with accounting principles

Develop plans and recommends policies and procedures for the proper financial control

Coordinates preparation of financial data as required by organization, external audit and government regulations.

Monitor accounts receivable and cash collection to ensure a good cash flow- Maintain the overall financial health of the organization.

Hire, train, and build the finance department team when necessary or as requested and required to do so by the executive manager

Monitor and control the company expenses and recommend opportunities for cost reduction.

Review the annual sales forecast to ensure that it is in compliance with the annual budget.

Maintain & implement ERP system and Development.

Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory.

Chief Accountant Cadbury Egypt Group (Multinational Company for Sweets)

Aug.1992-Dec.1997

A) Accounts Payable:

Keeps accurate AP books by recording all types of payable invoices, payment and CN/DN.

Follows payment requests according to contracts terms, including retentions and payment terms.

Cares about presentation of info on TB and financials (short/long term, advances, accruals, Gov. tax, sundry), and accounting for accruals & prepayments W GL.

Work with International Finance Manager and Partners to prepare the annual budget.

Reports on balances, payments, due dates.

B) Accounts receivable:

Keeps accurate AR books by recording invoices, collections (not collecting) and CR\DR to cover transactions including rescheduling and reversal of sale.

Follows collection according to contracts.

Provide audit BD of short/ long term, interest calculation.

Reports on balances, collections, sales, due dates.

Calculates payroll including all items: salary, bonus, SI, S. tax, different allowances, and day off, loans.

Develops and monitors the cash management program

Follows standards to record accruals, prepayments, deferred income W payables and receivables sections.

Cares about fixed assets, completion of recording, classification, depreciation, accounting for additions and disposals.

Costs distributions to different dept. / clients/ units according to lists, calculations, policies.

Keeps inventory records. Arrange physical inventory.

Prepares different bank reconciliations and follows settlement of differences.

skills

Language:

Arabic: mother tongue

English: Excellent (Reading & Writing)

Computer Skills:

Familiar with many ERP applications and accounting systems (JD Edwards &S.A.P& QuickBooks System& A/S 400 Mapex)Using Hyperion System to prepare Monthly closing Report & Budget & Forecast

MS Windows, MS application (Excel, Word, and PowerPoint).

Training

PC dos, Windows for workgroup & LAN Usage

Development Financial skills “Mega”

Actual Administration Financial Department “Team

References

Will be furnished upon requested.



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