Finance Manager
Hassan allam Holding
Total des années d'expérience :18 years, 3 Mois
• Performs monthly, quarterly and year-end closing consolidation, and prepares appropriate
financial statements
• Reviews and interprets financial reporting requirements, rules and regulations
• Assists in monitoring and developing monthly reports of revenues and expenditures for Al Khor
Holding and it's subsidiary companies
• Assists with implementing and maintaining internal financial controls and procedures
• Helps with different accounting fields, including accounts receivable, accounts payable, fixed
assets, inventory, journal entries, etc
• Records and reconciles monthly inter-company transactions
• Reviews monthly foreign currency rates and their impact on the financial performance
• Prepares monthly financial package (Balance Sheet, Income Statement, Equity Statement, EBITDA
schedule and expense table for the quarterly filings)
• Prepares monthly reconciliations for assigned Balance Sheet and Income statement accounts
• Ensures the consistency of accounting treatments in similar circumstances across the holding
company and its subsidiaries
• Prepares disclosures in accordance with IFRS and the related applicable accounting standards and
regulatory requirements
• Tracks changes in IFRS and other applicable accounting standards and analyses the impact of
changes in Al Khor Holding’s financial position
• Actively identifies areas of improvement and recommends action plans
• Prepare & maintain the Consolidate financial statements (Income statement, Balance sheet, & Cash Flow) and set the base to preparing monthly
• Establish and Develop Financial policies and procedures of all group companies (contracting, manufacturing and trading) With Management
• Set the base of the Cash Management and Cash Flow Projection to keep proper cash liquidity
• Set the base of the Budget System and performance analysis for the Group With other departments
• Maintaining the Chart of Accounts, ensure adequate and proper classification among accounts’ groups
• Distribute the Duties and tasks to the employees not inconsistent with the internal control system
• Handle the day to day operations of the Company’s bank accounts to ensure the appropriate utilization of these bank accounts in support of the business and Review monthly bank reconciliation
• Follow up and review all Payables, receivables Balances and Fixed Assets Recording and set the base for proper monthly closing for preparing monthly financial reports
Click to edit position descriptionPrepare & maintain the financial statements (Income statement, Balance sheet, & Cash Flow).
Prepare the company’s business plan including (sales budget, construction budget, cash budget, SGA budget, income statement budget …)
Prepare the monthly management-reporting package, which measure the performance of the company through (analyzing actual financial statements in comparison to budget and previous years, and explain variances
Prepare and analyze cash flow projections to identify any surplus or deficit in cash position, and notify management
Ensure that all the financial transactions are properly accounted in the General Ledger.
Prepare the quarterly consolidated financial statements in accordance with international accounting standards and coordinate with the auditors for their review and audits.
Ensure that corporate policies and procedures are adhered to for all operating and financial transactions.
Prepare projected profitability statements from time to time.
Report financial performance of the Company on monthly basis and highlight variances so that effective action can be initiated by the management to improve and achieve the financial performance objectives
Maintaining the Chart of Accounts; ensure adequate and proper classification among accounts’ groups
Review tax declarations (e.g. royalty Tax, withholding tax & salaries tax).
Prepare annual tax declarations.
Prepare monthly bank reconciliation
Calculate the accrued debit interest & credit interest on a monthly basis
Handle the day to day operations of the Company’s bank accounts to ensure the appropriate utilization of these bank accounts in support of the business
Prepare sales installments schedules.
Studying the potential customers proposed installment schedules by calculating the additional delay interest /early payment discount using opportunity cost method and/or discounted cash flow model (NPV).
Support the External auditors and tax advisors teams
1- Manage team team of accountants, organize and coordinate their actions
2-reviewing all accounting transactions
3- reviewing Bank reconciliation and follow up cash in the bank and treasury Balances
4- follow up receivables and payable balances
5- ensure that management's policy and instructions are implemented
6- assist audit firm to finish their auditing process
7- assist financial manager to solve the financial problems
1- Manage team team of accountants, organize and coordinate their actions
2-reviewing all accounting transactions
3- reviewing Bank reconciliation and follow up cash in the bank and treasury Balances
4- follow up receivables and payable balances
5- ensure that management's policy and instructions are implemented
6- assist audit firm to finish their auditing process
7- assist financial manager to solve the financial problems
• examine and assess the internal control systems of the client and prepare a report to the deficiencies and how to prevent (management letter)
• prepare a plan and strategy review by the client
• preparation of a report by the auditor
• preparation of financial statements
• Financial Statement Analysis
• Report of the amendments to the audit program if circumstances warrant
• discuss important matters pertaining to the revision process with one of the partners or directors Experience
• review the company tax's Matters and prepare tax return
Bachelor Degree of Commerce, Accounting Department, Cairo University 2004 .
