HESHAM MOHAMED, FPAC, Cert IFRS, CMA

• adqw6w@r.postjobfree.com • 002-01069885458 • 009**-******** • LinkedIn URL Accounting & Finance

Financial Accounting Strategic Planning Budgeting & Analysis Financial Management Versatile Financial Controller with broad-based expertise and specialized in financial reporting, financial planning, analysis, policies and procedures formulation, of over 20 years in all accounting operations, from bookkeeping, preparation and interpretation of financial statements and financial modeling across a diverse portfolio of experience, ranging from Construction, FMCG, Manufacturing, Real Estate, Retail, Hospitality, to Healthcare. Accomplished and dynamic leader with consistent recognition for effective, precise, and timely reporting of financial information to facilitate decision making and implementation of profitable solutions to propel company growth. Possess working experience of the principles and techniques for monitoring sensitive information, working capital management, capital budgeting, master budget forecasts, and periodic comparisons. Outstanding analytical, oral, and written communication skills in effectively interacting with senior management and all levels of the company. Proactive with excellent problem-solving skills, experienced in working with different personalities including clients and vendors as well as working on own initiative. Proven expertise in:

• Oracle E-Business Suite R12 & SAP Business One

• ERP Projects Implementation

• Variance Analysis & Reporting

• MS Excel Financial Modeling

• Capital Budgeting Project

• Statistical Techniques

• Data Visualization, Analysis & Reporting

• Cash Management/Project & Budget Model

• IFRS Use in Practice

• Cost Control & Credit Management

• Accounting Management

• Team Leadership

• Insurance Policies Management & Analysis • Letter of Guarantee Analysis • Policies & Procedures Selected Achievements

Successful Full Implementation of ERP Projects, Oracle E Business suite R12 and SAP business one.

Redesigned, reorganized the accounting department work including, financial policies and procedures, Staff job description, department’s structure, chart of accounts, monthly, yearly financial statements and supporting analysis.

Created cash flow model using ME-Excel, integrating all cash collections and payments with multiple levels of reporting.

Devised a fully integrated budget model projection, Collected more than 66,000 of bad debts (85% of total debts).

Reduced operating cash outflow by more than KD 72,000 annually through the application of IFRS techniques.

Developed collection patterns using MS Excel to reduce the average collection period from 48 to less than 25 days.

Successfully transformed financial data from a focus system to the SAP Business One with a 100% accuracy rate. PROFESSIONAL EXPERIENCE

SKY CTS, Egypt

Industry (Construction, Oil & Energy, Hospitality, Real Estate, Retail, Facility Management) Financial Controller

Accounting system: Oracle E-Business Suite R12 September 2021 to Present Establishing policies and procedures, controlling receivables and payables, review tax deduction, establishing financial modeling for construction projects, monitor inventory, assisting in year-end closing.

Controlling receivables, payable, tax, Inventory, fixed assets.

Establishing policies and procedures for sky hospitality . KCC ENGINEERING & CONTRACTING COMPANY K.S.C.C, Kuwait Industry (Construction, Oil & Energy, Electromechanical, Power stations Maintenance) FP&A Manager

Accounting system: Oracle E-Business Suite R12 2020 to August 2021 Collect objective and subjective from internal and external information to analyze quantitative forecasting tools and multiple periods of data. Review risk/opportunity for each possible scenario. Establish productive relationships with all departments and provide support in data collection, communications, and presentation preparation to fulfill oracle requirements. Gather relevant data to communicate board of directors while using advanced tools.

Improved accounting process, including data collection, aggregation, and validation at all levels for all departments by shifting to Oracle e-business suite R12.

Presented, analyzing periodic financial information for top management and board using advance excel tools to showcase actionable visualizing dashboarding data.

Fully created and mapped organization structure, chart of accounts, GL, Sub-ledger, projects, cost, and profit centers for oracle system.

HESHAM MOHAMED • Page 2

Assisting accounting team in monthly/quarterly and annual closing by analysis GL accounts to ensure reliable and accurate financial information used to prepare financial reports.

Full responsibility of most reports generated from Oracle system by audit and analyzing reports outputs.

Manage and analyze all insurance policies for +60 projects (workmen compensation & Erection All Risk), supporting management select best quote by quantify risk assessment for expected claim for each quote.

Recommended future financial packages for three years while reviewing projects by applying capital budgeting techniques and other metrics likes NPV, IRR, PPP, PI, and ROI.

Developed and projecting different financial models according to product needs for key internal and external stakeholders.

Periodic analysis of all financial data and extract relationship between multiple data, documents conclusion and recommendation to facilitate decision making.

SIDRA HOSPITAL, Kuwait. Industry (Healthcare)

Finance Manager: Controlling, Reporting & Financial Planning and Analysis. Accounting system: Bayan 2018 to 2020

Played a key role in strategic planning, technical accounting issues, coordination of stakeholders, and the updating of business’s accounting policies. Performed research on technical accounting issues and educate subordinates to ensure compliance with both external and internal finance/accounting regulations. Skilled in periodic reporting of all relevant financial information to the CEO for control and accountability. Ensured period reporting of pharmacy sales, projected cash flows, periodic revenues and expenses statements, monthly cheques movements, and periodic cash management. Performed the capital budget technique for any new assets acquisition.

Prepared annual budget, sought approval of top management, reviewed yearly audit reports, conducted a full analysis of audit reports by comparing with previous periods, and explained the results and corrective actions to management.

Diligently analyzed revenues, expenses, and cost trends for each strategic business unit to compare actual data with budgeted amounts and highlight significant deviations.

Provided inputs for selecting the new ERP system by attending all vendors’ sessions and wrote RFP (request for proposal) to a selection of best vendors with the best solution.

Consistently ensured compliance of all financial reporting and analyses with relevant authoritative accounting policies.

Documented policies to ensure internal control and using organization resources in an efficient and effective way. AL-SAYER GROUP, Kuwait. Industry (FMCG, Manufacturing, Retail) Financial Analyst & Credit Manager: Budgeting, Analysis & Credit Management Accounting system: Aswaq 2015 to 2018

Held a track record of success reporting and corresponding with senior stakeholders to improve processes and increase performance, team morale, and revenue. Analyzed operating cycles, financial leverage, capital structure, liquidity, and solvency on a regular basis to achieve short- and long-term goals and develop plans to reduce operating cycle. Observed variances to initiate corrective actions through implementing financial models to track key financial metrics for the entire organization. Produced timely, accurate financial reporting and analysis of the division’s performance against historical metrics. Reported contribution margin income statements to monitor margin of safety and analyze profitability.

Successfully collaborated with teams to analyze value chain activities, highlight non-value add once, and assess/manage operational and financials budgets.

Developed custom balanced credit procedures that matched organizational policy with customer retention.

Analyzed customer's creditworthiness by calculating age per invoice compared to payment term, turnover, average collection period, collections %, and credit limit.

Ranked customers’ risk level and reported bad debt cases for immediate action.

Analyzed customer profitability and presented plans to improve customers’ sales by suggested promotional schemes. REAL ESTATE HOUSE – BEYOUT INVESTMENT GROUP, Kuwait. Industry (Real Estate) Senior Accountant: Financial Reporting, Planning and Analysis Accounting system: SAP Business One 2013 to 2015

Independently issued vertical common-size financial statements and applied horizontal analysis, liquidity analysis, capital structure analysis, and profitability analysis to leverage projects. Regularly calculated growth rate of individual line items, comparing to base year to recognize profit and loss. Analyzed ranking profit centers and investment centers based on periodic calculations of operating income, rate of return, and DuPont model analysis. Applied various modules on SAP Business One (e.g., AP, AR, GL, BP, banking, P&L, and B.S.) per policies and procedures. Provided financial statement reports to BIG per deadlines for consolidation purposes. HESHAM MOHAMED • Page 3

Monitored accurate incoming and outgoing payments along with timely booking for over KD 1 million in cash turnover.

Coordinated process improvement enactment with senior management through expert oral communication. DIA BEHBEHANI GROUP – ALBA REAL ESTATE KSCC, Kuwait. Industry (Real Estate, Retail, Construction) Senior Accountant: Financial Reporting, Planning and Analysis Accounting system: Integrated Accounting System 2008 to 2013 Prepared and reported financial statements, aging schedules, and cash flow projections to assist senior management in implementing capital budget techniques. Contributed to preparing annual budgets, complying with implementation procedures, and preparing periodic budget reports for head managers. Defined appropriate budget levels to achieve organizational objectives. Input and oversaw sensitive data to overcome the language barriers.

Applied problem solving and critical thinking skills while analyzing revenue and expenditure trends to report recommendations to senior management.

Evaluated buildings investments based on accounting rate of return, payback period, discounted payback, cash flow, and profitability index.

COCA-COLA INTERNATIONAL, Kuwait. Industry (Manufacturing) General Accountant: Bookkeeping

Accounting system: Unisys 2003 to 2007

Oversaw a huge volume of daily sales transactions, calculated product cost for process costing system, and followed up on customer balances and credit limits. Analyzed and supervised inventory and cash management, reporting directly to the finance manager. Recorded, monitored, and controlled raw materials inventories: Multitasked to meet turnaround times. Recorded monthly cost of goods and product delivery.

Calculated monthly product cost of materials, determined cost per unit, and journalized intra-bank accounts transactions, L/C's, purchase foreign currencies, and monthly bank reconciliation.

Monitored bills to customers, credit limits, and collections in addition to administering general journals for all balances with the general ledger.

ADDITIONAL EXPERIENCE

Financial Accountant, Full Accounting Cycle (Retail) AL-SAYEER FOODSTAFF CO, Kuwait Accountant, Bookkeeping (Construction) LANDSCAPING AND GUARDING MAINTENANCE, Kuwait Junior Accountant, Bookkeeping (Hospitality) RED SEA CLUB CO - HOTEL CATRING, Egypt EDUCATION

Certified Corporate Financial Planning & Analysis Professional, FPAC. the Association for Financial Professionals

(AFP).

Certificate in International Financial Reporting Standards (Cert IFRS), Association of Chartered Certified Accountants.

Certified Management Accountant, CMA, The Institute of Certified Management Accountants (ICMA) USA.

Preparing CPA, Passed parts (AUD, BEC, FAR)

Bachelor of commerce: Accountancy, Zagazig University (2001) PROFESSIONAL DEVELOPMENT

Certified Advanced Financial Modeling, London School of Business & Finance (LSBF) UK

Building Full Integrated Budget, The Institute of Certified Management Accountants (ICMA)

IMA Data Analytics & Visualization Fundamentals Certificate, (ICMA)

Financial Modeling Using Excel, Edu Pristine

Extreme Pivot-Table Course, MyExcelOnline

The Ultimate Excel Power Query & Data Clearance Course, MyExcelOnline

Advanced Excel Formulas, Charts & Data Analysis, MyExcelOnline

FP&A: Strategic Budgeting & Forecasting Techniques, (ICMA)

Excel Tips by the Experts, Goal Excel

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