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 1 month)
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)

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

Certifications

CMA
Jan 2016

Certificate details

CMA

Jan 2016

N/A

N/A

N/A

IMA

In progress

This profile is not updated!
Last update more than 2 months ago.

Jobseeker photo

Profile Skills and Keywords

AccountingAccounting SupervisorArabicBudgeting An Financial ManagementBudgeting And Financial ControllerBusiness AdministrationCMACreativeERPEconomicsEnglishFinanceFinance 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

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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