CURRICULUM VITAE Y ****

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Mohammed Foad

BRONSON Hawally – Qutiba St 18 – Block1

Phone: +(965-********

Email: adiac1@r.postjobfree.com

E x p e r i e n c e

Chief Accountant (2018– Now)

Leading the accounting team through the daily work and monthly closing, Handling all new issues the team faces and providing professional and timely solutions.

Preparing the financial statements monthly and the budget yearly and report to the financial manager and the CEO.

Team Leader-Sr.Accountant ( 2015- 2018)

Managing Cost accounting, foreign payables, treasury teams and monthly closing for one of the largest FMCG companies in Kuwait. Leading an accounting team through the daily transactions and managing all accounting projects

Accountant (2012 – 2015)

Handling accounting entries for 3 different companies with 3 different industries one of which is overseas. That gave me a great exposure to the Kuwait market.

Prepare financial reports and report to the finance manager E d u c a t i o n

Bachelor’s Degree (2009 – 2012)

Bachelor’s degree in accounting in English program at Mansoura University – Faculty of Commerce.

Soft Skills (2010 – 2012)

Presentation skills, communication skills, customer services and dress code skills from Information Technology Institute ABOUT ME

Energetic and creative person who is

willing to go the extra mile for learning new

skills and develop himself within the right

organization which appreciates his efforts

and allows him to grow and present the

best in him.

I wish to find opportunities, which

would best allow me scope of further

growth and career Improvement.

S k i l l s

Accounting:

Financial reporting:

Leadership:

Management:

ERP Systems:

Born : 04-01-1992

Graduated : 15-08-2012

Married : 08-08-2017

CURRICULUM VITAE Y 2020

Experience

Chief Accountant Mudon Ahlia Real Estate Company

01-04-2018 till Date

1- Review and verify daily accounting transactions made by the accountants 2- Reporting cash position daily to the Financial Manager 3- Managing Company's real estate portfolio and mapping accounting cycles for it 4- Reporting leasing projects performance against the budget 5- Assisting the financial manager in preparing the yearly business plan 6- In charge of closing activities each month by coordinating with the team and divide the closing activities in order to reach the closing in time

7- Providing necessary clarifications for the auditors to proceed with the auditing process 8- Preparing the financial reports ( Balance Sheet — Income — Statement,,,) Chief Accountant Old Diamond General Trading and Contracting

(A subsidiary of Mudon Ahlia Real Estate Company)

01-04-2018 till Date

1- Review and verify daily accounting transactions made by the accountants 2- Reporting cash position daily to the Financial Manager 3- Reviewing the monthly E-Commerce related transactions like (Talabat, Carriage ) 4- Handling all Landed Cost Management transactions through Sage modules 5- Applying ABC Costing to restaurants' items and monitoring absorption accounts in monthly basis 6- Creating costing cycle for Food and Beverage items from A to Z in both periodic and perpetual methods.

7- Assisting the financial manager in preparing the yearly business plan 8- In charge of closing activities each month by coordinating with the team and divide the closing activities in order to reach the closing in time

9- Providing necessary clarifications for the auditors to proceed with the auditing process 10- Preparing the financial reports ( Balance Sheet — Income — Statement,,,) Leading Projects and achievement

1- Re-Implementation for Macros restaurants systems We started the project in Nov-18 and we went live at Jan-19 after re-configuration Macros system and with the help on our team we managed to perfect the system and achieved a high accuracy results as we built the system from scratch with new effective coding system, accurate recipe, proper linking between articles and recipes and matching with the POS systems data we went live at time. CURRICULUM VITAE Y 2020

2- Implementation ERP Sage Accounting Systems.

Implementation an ERP system is not an easy task but we managed to perfect the task at a reasonable time, we started with Mudon Ahlia Real Estate Co. we started with implementation a full Order to Cash cycle for leasing and rental activities and an accounts receivable module then assets management module, full Purchase to Pay cycle, accounts payable module and treasury module. Along with a full integrated chart of accounts and full mapping with all modules and we went live according to the plan 3- Calculating and Applying IFRS 16 Impact

As the applying of IFRS 16 beginning of 2019 and it has a major impact on the financial statements presentation, we faced the issue of calculating the impact value and applying it in 2019 financial statements, and I was in charge of finalizing the audit process with our auditors E&Y, I calculated the impact and got it approved by the E&Y for the financials of 2019. Team Leader - Senior Accountant Al Yasra Foods Company From: 2015 till: 2018

Cost Accounting:-

1- Handling all Landed Cost Management transactions through Oracle modules. 2- Cost breakup per SKU into purchase price and cost elements (Clearance-Customs-Unloading- Insurance in case of C&F-Bank charges etc.).

3- Handling any diversion in item's cost and take the necessary action. 4- Preparing cost change report per item monthly with the necessary explanation for the unusual change.

5- Using standard costing method in certain items which require a monthly review with the actual cost and apply the necessary changes in the standard costing to eliminate the variance. Foreign Payable Accounting:-

1- Review all the invoices from the suppliers along with the supporting documents and match it with the internal Purchase Order.

2- Making sure there is no short receiving per invoice, if any, a claim should be raised to compensate the shortage.

3- Checking for the payment terms and payment method(Direct or through bank transaction ex,IBC-SBLC-LC-LG)

4- Preparing a payment schedule for the direct shipments to track the due payments at the exact date of payment.

5- In cash against documents or acceptance or LC payment method the bank deducts the shipment amounts from our account once we withdraw the documents for collection. 6- In bank related shipments, also keeping track through a report monthly matching with the bank. 7- Preparing suppliers' reconciliation monthly.

8- Booking monthly claims from the suppliers whether it is rebates or discounts, marketing, or margin claims.

CURRICULUM VITAE Y 2020

Cash Management Supervision

1- Supervising the Treasury team through the daily transactions. 2- Checking the cash position daily.

3- Managing the bank facilities of the corporation 4- Calculating Finance cost and monitoring the variance through the year. 5- Approving all the payments whether it is cash payments or wire transfers or cheques. Participation and leading in Projects

1- Applying ABC method on the factory:-

The weighted average costing method was in place so, applying a complicated costing method as ABC was not a piece of cake, even though, we succeeded in applying the ABC on a set of selected items which require a factoring, we took in consideration the impact from the variable over heads Period(fixed-variable) cost-direct labour-direct materials. 2- Changing from Standard to Weighted average costing process:- In order to make the whole organization using the same costing method, we have changed the costing method for some items from Standard method into weighted average, which required a delicate treating at the migration process which we done successfully 3- Price Compensation Agreements

I was in charge of preparing a presentation to brief the Financial manager about a price compensation agreement, which took almost a week for me to singly handed read the full agreement, understand the calculation and prepare my presentation

4- Avalyzation All Suppliers

In order to maintain a surplus cash flow, the company suggested undertaking the avalyzation payment method of most of the suppliers we deal with, so the calculation has been assigned to me and I have successfully managed to determine the potential gain or loss from the new method and presented it in an easy manner.

5- VAT Implementation KSA

As we have operation running in KSA we had to be ready for implementing VAT on ERP systems before 31-12-2 017, thanks for my previous experience in VAT at Turkey's operation and in presenting the input and output VAT to the Turkish government monthly. I was able to draw the flow of the accounting cycle from procure to pay till order to cash. And we successfully went live at 31-12-2017. CURRICULUM VITAE Y 2020

Accountant Senyar Gayrimenkul Gelistirme (Turkey)

From: 2014 till: 2015

1- Full control over banks activities and transfers from Kuwait to Turkey and Vice Versa 2- Calculating VAT (value added tax) yearly and other tax related to the business like stamp tax, stoppage tax and registration tax

3- In charge of whole communication cycle via phone or mail to the company's assistants abroad

(Attorney's office-Accountant's office-Auditor's office-Bank Representatives) 4- Handling the accounting treatments for Investment Properties 5- Preparing quarterly depreciation schedules

5- Preparing quarterly Currency Exchange schedules and treatments 6- Preparing financial statements quarterly (Balance Sheet-Income Statement-Owner's Equity-Cash Flow Statement)

Accountant Senyar United for General Trading and Contracting From: 2012 till: 2015

1- Full control over banks activities

2- In charge of cost assessment of each project.

3- Assessing cost control over the expected cost and the actual cost of each project and conducting the variances whether favourable or unfavourable.

4- In charge of the complete payable and receivable cycles 5- Handling the contractors and subcontractors payments throw the project time. 6- Preparing quarterly depreciation schedules and cost revenue schedule for each project 7- Calculating employees leave and indemnity quarterly and salaries monthly. 8- Preparing financial statements quarterly (Balance Sheet-Income Statement-Owner's Equity-Cash Flow Statement)

Accountant Senyar Real Estate Company

From: 2012 till: 2015

1- Full control over Banks activities.

2- In charge of Loans control Joan amortization schedules and loans redemption 3- Handling the accounting treatments for Investment Properties, Investment in other companies and investments in stocks and bonds form initiation till redemption. 4- Real estate portfolios quarterly and monthly follow up. 5- Calculating employees leave, indemnity quarterly, and salaries monthly. 6- Preparing quarterly amortization schedules for loans and prepaid expenses. 7- In charge of the complete payable cycle.

CURRICULUM VITAE Y 2020

Degrees Accomplished

Date Degree Field Institution Country

8.2012 Bachelor's

degree

Accounting Mansoura University Egypt

7.2011 ICDL PC Skills Mansoura University Egypt

12.2011 Level 7 at Berlitz English Skills ITI Egypt 1.2012 Electronic

Accounting

Accounting The American

University of Sciences

Egypt

3.2011

to8.2012

EDU Egypt

Customer Service,

Presentation Skills

and Human

Resources

ITI Egypt

9.2012 Score of 506 in

TOFEL

preparation

course

English Skills Mansoura University

Public Service Center

Egypt

1.2013

to

3.2013

CMA Part 1

Financial

Planning,

Performance and

control

Accounting Pitman Training

Center

Kuwait

11.2017 VAT Technical

Training Program

Taxing KPMG Kuwait

Languages Spoken

Language Speak Read Write

Arabic Fluent Fluent Fluent

English Fluent Fluent Fluent

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