Basic Info

Tamer AbouGhaly

More than 15 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Budgeting and financial controller at Shelf Drilling

Experience Details

Budgeting and financial controller

Accounting/Finance

Manager

 Preparing annual financial Statement and liaising with external auditor.
 Preparing monthly & Quarter forecast report & performing in depth variance analysis of actual vs. budget and both current and prior rolling forecasts.
 Review of assigned companies' balance sheet transactions to ensure accuracy, sufficient documentation and ensure all balances are properly supported.
 Corresponding with field Budget users and Business Unit Finance Personnel to obtain variance explanation, clarification of Forecast assumptions.
 Responsible for the preparation of the company’s annual budget. Ensures that all cost have been approved in line with company’s delegation of authorities.
 Responsible to implement Corporate needs for financial, controlling, planning, budgeting and tax activities.
 Liaising with company External Tax advisor for reviewing the TB Fiscal local books & submission all information & documentation required for filling the CIT, PIT & any other tax returns.
 Liaising with company External Tax advisor for preparing annual tax return.
 Review account reconciliations and generate monthly financial reports and weekly internal reports.
 Perform corporate administrative duties as required.


Company Details

Shelf Drilling (multinational)

Khobar, Saudi Arabia

101-500 employees

Oil and Gas

www.shelfdrilling.com

Nov 2013 to present (3 years 8 months)
Accounting Supervisor at Transocean Offshore drilling

Experience Details

Accounting Supervisor

Accounting/Finance

Experienced (Non-Manager)

 Reviewing of Monthly P/L results & Monitor any discrepancies occurred between actual & budget figures.
 Preparing Significant issues Memo (SIM) Quarterly reports sent to Division level showing & comments Trade accounts receivable & DSO, Summary of Inventory, Stock in Transit, Aging of Unbinned items, Captial Expenditures & Major Maintenance projects & Significant BS items.
 Preparing monthly & Quarter forecast report & performing in depth variance analysis of actual vs. budget and both current and prior rolling forecasts.
 Preparing Bridging reports to analysis the variance between the current forecast and the prior budget (Forecast).
 Reviewing of monthly balance sheet notes with appropriate supports to verify balances for accuracy.
 Assess in the preparation and submission of the Company’s annual budget to determine the Revenues and Expenditures for the fort coming year.
 Reviewing MRO/CAPEX budget/forecast with Rig Manager ensuring accuracy and input in GPS (Global Planning System).
 Review and assess in improving the periodic budget updates to advise management on how company is expected to perform.
 Responsible for the preparation of the company’s annual budget. Ensures that all cost have been approved in line with company’s delegation of authorities.
 Preparing Draft annual budget & implementation the phase of new Budget and forecast system acting as a liaison between the technical and the functional groups for the development of tables , processes , form designs ,etc.


Company Details

Transocean Offshore drilling (multinational)

Khobar, Saudi Arabia

101-500 employees

Oil and Gas

www.deepwater.com

Mar 2012 to Oct 2013 (1 year 7 months)
Finance section Head at Qatar Project Management

Experience Details

Finance section Head

Accounting/Finance

Manager

 Preparing monthly financial results P/L & BS analysis.
 Follow up the outstanding or disputed invoices with customer and make sure to keep DBO in line with the target.
 Preparing consolidated financial statement (company beginning activity).
 Filing Annual tax return in connection with tax advisor.
 Filing monthly tax returns (WHT, PIT & Social security…).
 Liaising with external auditor to provide annual audit requirement.
 Liaising & negotiating with Governmental, social security & tax authorities to sort out any outstanding issues & Filling the CIT declaration & PIT for individuals.
 Liaising with company External Tax advisor for reviewing the TB Fiscal local books & submission all information & documentation required for filling the CIT, PIT & any other tax returns.
 Liaising with company External Tax advisor to sort out any outstanding & disputed issues.
 Assessing internal controls & rules for Egypt branch adhere to company policy.


Company Details

Qatar Project Management

Cairo, Egypt

51-100 employees

Real Estate/Property Management

www.qpm.com

Feb 2011 to Feb 2012 (1 year)
Accounting Supervisor at Transocean Offshore drilling

Experience Details

Accounting Supervisor

Accounting/Finance

Experienced (Non-Manager)

 Reviewing of Monthly P/L results & Monitor any discrepancies occurred between actual & budget figures.
 Preparing Significant issues Memo (SIM) Quarterly reports sent to Division level showing & comments Trade accounts receivable & DSO, Summary of Inventory, Stock in Transit, Aging of Unbinned items, Captial Expenditures & Major Maintenance projects & Significant BS items.
 Preparing monthly & Quarter forecast report & performing in depth variance analysis of actual vs. budget and both current and prior rolling forecasts.
 Preparing Bridging reports to analysis the variance between the current forecast and the prior budget (Forecast).
 Reviewing of monthly balance sheet notes with appropriate supports to verify balances for accuracy.
 Assess in the preparation and submission of the Company’s annual budget to determine the Revenues and Expenditures for the fort coming year.
 Reviewing MRO/CAPEX budget/forecast with Rig Manager ensuring accuracy and input in GPS (Global Planning System).
 Review and assess in improving the periodic budget updates to advise management on how company is expected to perform.
 Responsible for the preparation of the company’s annual budget. Ensures that all cost have been approved in line with company’s delegation of authorities.
 Preparing Draft annual budget & implementation the phase of new Budget and forecast system acting as a liaison between the technical and the functional groups for the development of tables , processes , form designs ,etc.


Company Details

Transocean Offshore drilling (multinational)

Cairo, Egypt

501-1000 employees

Oil and Gas

www.deepwater.com

May 2007 to Jan 2011 (3 years 8 months)
Senior accountant at Jotun Paints

Experience Details

Senior accountant

Accounting/Finance

Experienced (Non-Manager)

Financial statements: -
 Preparing monthly & annual financial statements.
 Liaise with external, internal auditors & tax consultants, reply for all audit requirements.
 Fulfilling Monthly & annually Budget & Forecasting report via HFM format.
Intercompany: -
 Reconciliation with Intercompany parties for accounts payables & accounts receivables on a monthly basis via Hyperion Financial Management reports.

Reporting: -
 Preparing financial statements reports format monthly on intranet system (HFM).
 Preparing costing progress file comparing cost figures with last month for any unreasonable deviation & Inventory ratios "days of inventory- inventory turnover".
 Preparing Division Value & Volume sold per segment monthly report send to Dubai.

Costing & inventory:-
 Maintaining Material cost of sales calculation monthly comparing COGS in books with COGS in system.
 Preparing cost cards showing all shipments details costs" invoice "amount in foreign currency-invoice # - item code- quantity- clearance amount -…."
 Preparing study for inventory provision according to Jotun standard policy to build provision for "Non moving items – slow moving items- obsolete Goods ".

Accounts Payables & Taxation :-
 Revising monthly payroll entry attached with analysis of net payroll, payroll tax, social insurance (employee share, company share) and any deductions figures.

Others: -
 Revising analysis of Intercompany accounts.
 Revising monthly Fixed Assets and Depreciation report.
 Preparing Construction in progress analysis report within job costing reconciled with T/B figures according to the data provided by project control dept.
 Revise Staff advances & loans in T/B with actual reconciled with all staff.


Company Details

Jotun Paints (multinational)

Cairo, Egypt

101-500 employees

Manufacturing

www.jotun.com

May 2003 to May 2007 (4 years)
Accounting Supervisor at ALAN for Antenna Support

Experience Details

Accounting Supervisor

Accounting/Finance

Experienced (Non-Manager)

Financial statements: -
 Preparing monthly reports required from UK “Head Office” such as (cash budget, Yearly forecast Budget….
 Assisting the financial manager in preparing monthly forms, which are sent to head office on monthly basis.

Debtors & Creditors: -
 Revise monthly analysis of Debtors and monthly reconciliation maintained with the debtors (Vodafone).
 Revise monthly analysis of all creditors reconciled with the ledger.

Taxes: -
 Preparing monthly sales tax report, this is submitted to sales tax authority.
 Revising the tax situation and all payments related to tax authority.

Job title : Accountant

Bank: -
 Dealing with the bank and following up opening LC's and In and out transfers.
 Revising monthly bank reconciliation for all accounts.


Company Details

ALAN for Antenna Support

Cairo, Egypt

51-100 employees

Telecommunications

N/A

Sep 1999 to Apr 2003 (3 years 7 months)

Achievements


I have achieved set up new branch in Tunisia from scratch 2009-2010 during my work in Transocean.

Education

BSc of commerce and BA in Accounting

Education Details

BSc of commerce and BA

Accounting, business administration, Economics

Helwan University, Egypt

C / Good / 65 - 75%

Accounting - business administration - feasibility studies - economics - law - Money and banks ...

N/A

Helwan University
1992 - 1997
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Al-Tawfikia Secondary School

Egypt

1992

B / Very Good / 75 - 85%

N/A

Al-Tawfikia Secondary School
1992

Certifications

CMA
Jan 2016

Certificate details

CMA

Jan 2016

N/A

N/A

N/A

IMA

In progress

Training and Courses

Training/Course Details

ERP

Jan 2012

Transocean India

N/A

This profile is not updated!
Last update more than 1 months ago.

Jobseeker photo

Profile Skills and Keywords

AccountingAccounting SupervisorArabicBudgeting An Financial ManagementBudgeting And Financial ControllerBudgeting And ForecastBusiness AdministrationBusiness DevelopementCMACosting ControlCreativeERPEconomicsEnglishFinanceFinance Section HeadFrenchHard WorkerInsuranceJotun PaintsLeaderManufacturingMicrosoft ExcelMicrosoft PowerPointMicrosoft WordOil And GasPlannerProperty ManagementReal EstateSenior AccountantShelf DrillingSocial ActivitiesSportsTeam PlayerTelecommunicationsTransocean Offshore DrillingTravel

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Advanced

French

French

: Beginner

: Beginner

: Beginner

: Beginner

Tools and Technologies

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft PowerPoint

Microsoft PowerPoint

: Advanced

: High

:

More than 7 years

ERP

ERP

: Advanced

: High

:

More than 7 years

Microsoft Word

Microsoft Word

: Advanced

: High

:

More than 7 years

Fields of Expertise

Budgeting and Forecast

Budgeting and Forecast

: Expert

: Extreme - I love it!

:

More than 7 years

Business developement

Business developement

: Expert

: Extreme - I love it!

:

More than 7 years

Costing Control

Costing Control

: Expert

: Extreme - I love it!

:

More than 7 years

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Budgeting an financial management

Budgeting an financial management

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Leader, Planner, Hard worker, Creative, Team Player

Online Presence

Tamer AbouGhaly

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