FAROUK MOHAMED KASSEM-CMA-IFRS Diploma

Senior ACCOUNTANTFull Time

• Job Details:Achievements and responsibilities: • Accountant for 2 Subsidiaries (Egyptian Operating Company & Port Said East Power) of Holding Company (Powertek Energy – Electricity Supplier) Malaysian Company and my responsibilities are as follows: • 1. Revise bills, invoices, receipts submitted for payment & Revise Cheques & Wire transfer after deducting taxes if applicable. • 2. Entering daily transactions (AP-AR-Inventory-GL) on ERP Accounting System (Microsoft Great Plains). • 3. Daily Cash Management & Quarterly Cash Forecasting. • 4. Handling all banking transactions (Time deposits - Swap – Hedging – Forward Deals- LC’s & LG’s) with the bank. • 5. Responsible of all tax Calculations ,forms and payments to Tax Authorities (Form 41- Quarterly Withholding tax), (Form 11 – Monthly Withholding Foreign), Stamp Duty Tax, Social insurance, Payroll Tax, Emergency Fund Tax. • 6. Monthly Closing - Revaluations (Banks – Payable). • 7. Monthly Closing - Reconciliations (Banks - 11 bank accounts), (Payable – Reconcile Unpaid Invoices & UN applied Payments), (Inventory –Reconcile Module with GL & Module with Site Fiscal Count), (Fixed Assets, Depreciation & Accumulated Depreciation- Reconcile Module with GL). • 8. Responsible for Monthly Reports: • Other Credit Balances (Accruals – Other Credit Accounts). • Other Debit Balances (Cheques under Collection – Stamp Duties). • Accounts Receivable (Accrued Revenues – Account Receivables Analysis). • Accounts Payable (Vendor Analysis – Advance Payments – LC’s – LG’s – Forward Deals). • Cash Reports (Bank Revaluations). • Fixed Assets (Purchase Cost – Depreciation – Accumulated Depreciation – Net Book value). • Payroll & It's linked Analysis