Accounting manager

Magdy Tadros Nashed

Accounting Manager

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Career objective: Seeking a position where my knowledge can be shared and enriched, a carrier opportunity where I can apply my learning. I would like to have an opportunity to contribute effectively for the growth of organization for which I am sure in turn contribute to my personal and professional growth .

KEY EXPERTISE

Rich experience in financial accounting over 26 year, General Ledger maintenance, accounts receivable and payable.

Successfully managing responsibilities given of transaction processing, analyses general ledger accounts, Journal, Accruals, financial statement reporting, and finalization of financial statements, month end closing, variance analyses and reconciliation. Ability to contribute highest quality of output individually and as a team player and can interface with professional on all levels.

Proficient in Windows, Microsoft Excel, Microsoft word, Power Point. PROFESSIONAL EXPERIENCE

Current Status

P.S Travel Choice overseas LTD is the new name of Thomas Cook overseas LTD since Jan-2014 Company Name : Travel Choice Overseas LTD

State / Country : Cairo / Egypt

Designation : Accounting manager

Duration : Apr -2017 to present

Responsibilities:

Reconciling of accounts receivable, accounts payable and ledger versus sub ledger on monthly basis for 25 branches to ensure accurate reporting and ledger maintenance.

Reconciling all intercompany recharges to ensure that all recharges are correct and ensures that all intercompany accounts are in balance on monthly basis. Reconcile balance sheet accounts and maintain controls over significant key account such as disbursements, revenues and accruals. Identifying and analyzing the variances if any between general ledgers and sub ledger and implementing the corrective actions.

Managing monthly & yearly end closing process, ensuring process is completed within deadlines, and prepares month end closing journals. Magdy Tadros Nashed

Accounting Manager

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Prepares year-end adjusting and closing entries.

Ensure financial records are maintained in compliance with accepted policies and procedures.

Assist in Monthly, quarterly and annual reporting requirements. Approve the payments requests to vendors before issuing checks or bank transfers. Participate in the development of the annual budget. Manage and oversee the day to day operations of the finance department, including accounts payable, accounts receivables, revenue and expenditure. Provide new and existing staff training as needed to ensure upskilling and continuous development of staff capability.

Advice staff regarding the handling of non-routine reporting transactions. Assist in development and implementation of new procedures and features to enhance the workflow of the department.

Interaction and coordination with internal and statutory auditors. Work with the team to ensure a clean and timely year end audit. Create new internal accounting corporate policies and maintain the existing policies. Ensure the implementation of all internal control processes in all disbursements and transaction.

Undertake special projects and other accounting or financial duties as assigned. Reporting to CFO.

Responsibilities:

Plan, organize, direct, and oversee the day-to-day operations and activities of the accounts payable department.

Study and standardize procedures to improve efficiency of subordinates and the work of the accounts payable department.

Continuously review/ improve and develop new system automation processes affecting the accounts payable function.

Cross train and support the AP Department members as needed. Ensure accurate and timely monthly close process for all branches. Reconciliation of the accounts payable subsidiary ledger to the general ledger. Reconciliation of inter branch transactions on monthly basis. Resolve accounting discrepancies and irregularities. Ensures proper allocation of operating expenses and that they are charged to the correct cost centers and entities.

Ensure all payment disbursements are processed accurately and timely in accordance with policy and procedure.

Ensure invoices have appropriate documentation and approvals for payment and posting the correct entry to general ledger.

Company Name : Thomas Cook Overseas LTD

State / Country : Cairo / Egypt

Designation : Accounting Supervisor -

HO finance department

Duration : Jan-2007 to Mar-2017

Magdy Tadros Nashed

Accounting Manager

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Ensure compliance with internal controls as in accordance with policy and procedures requirements.

Respond to all vendor inquiries, regarding invoices and payments. Handles complaints and provides customer service to internal/external customers as appropriate.

Resolves problems encountered during daily operations. Analyzing the advice debit memo (ADM) issued by airline agencies and coordinate with the branches supervisors for implementing the corrective action. Provide support and assistance for annual audit.

Periodical MIS reports.

Assist the finance manager as needed.

Reporting to finance manager.

Responsibilities:

Responsible for the accounts receivable & the accounts payable of some branches. Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies in daily basis. Reconcile AR, AP accounts, general ledger versus subsidiary accounts in monthly basis.

MIS reports, preparing trial balance, profit and loss, and other statements. Analyzes and reviews expenditures, confirms proper allocation of expenses to the various departments, and reports to the various departments as necessary. Assists in month end close activities and makes necessary journal entries including posting monthly, quarterly, and yearly accruals.

Preparing vouchers for payment, review the documentation of cash vouchers. Review AR aging to ensure compliance.

Maintaining flexible and opened communication channel with corporate clients in relation to their daily business inquiries & needs. Communicate with corporate customers via phone, E mail, or personally for invoices collection.

Monitor customer account details for non-payments, delayed payments and other irregularities.

Review the IATA billing (International Air Transport Association) and prepare BSP reconciliation (Billing & Settlement Plan).

Verify all accounts payable invoices in conjunction with accounting standards and internal control.

Review vendor statements and fully resolve issues. Secures financial information by completing database backups. Complies with legal and company policies.

Provides necessary support for external auditors.

Assists controller with balancing and reconciling assigned general ledger accounts. Company Name : Thomas Cook Overseas LTD

State / Country : Cairo / Egypt

Designation : Senior branch accountant

Duration : Jan- 1999 to Dec-2006

Magdy Tadros Nashed

Accounting Manager

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Responsibilities

Foreign currency exchange experience.

Money transfer between branches.

Company Name : Flash Tour & Nile Cruise

State / Country : Cairo / Egypt

Designation : HO accountant

Duration : Jul- 1990 to Jun 1995

Responsibilities

Book keeping for two Nile cruise ships.

Preparing monthly financial reports (Consolidated trial balance &P/L report). Sales Tax report.

Performing the payroll sheet.

Performing bank reconciliation.

Prepare and maintain amortization schedule of prepaid expenses. Responsible for fixed asset register and reconciliation to the general ledger on a Monthly Basis.

Petty cash.

Company Name : Thomas Cook Overseas LTD

State / Country : Cairo / Egypt

Designation : Teller

Duration : Jul- 1995 to Dec 1998

Magdy Tadros Nashed

Accounting Manager

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P E R S O N A L I N F O R M A T I O N

Name: Magdy Tadros

Nationality: Egyptian Social Status: Married

Date of Birth: 1st, March 1968 Place of Birth: Cairo Permanent Address: Shoubra - Cairo.

E-Mail: ***********@*******.***

*******@*****.***

Mobil: 002-01223928904

Mobil: 002-01099437425

Military Service: Exempted.

Education: Bachelor of commerce

University: Ain Shams

Major: Accounting department Date of Graduation: May 1990 Supplementary courses:

Computer: MOS (Microsoft office specialist)

CMA Course: Finished Studding 1St part and preparing for the exam. IFRS Course: Still Studding

Other courses: leadership course

Languages:

Arabic: Excellent knowledge and native language.

English: Very good.

Personal Skills:

Able to manage accounts section independently

Ability to learn quickly and adapt to changing environment Highly proficient in MS office ( Word, Excel )

Effective communication & leadership skills.

Good interpersonal skills, good team player

Detail oriented and accurate.

Ability to maintain confidentiality.

Contact this candidate