Basic Info

Tarek Elsabaa

15 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Financial Manager at Intermaint for Engineering services & Energy

Experience Details

Financial Manager

Accounting/Finance

Senior Management (e.g. VP, CEO)

- Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with Egyptian GAAP on monthly basis
- Develop, implement, and ensure compliance with internal financial and accounting policies and procedures
- Ensure that all statutory requirements of the organization are met including, Withholding Tax ,Wage Tax , Income Tax, Sales Tax and Social Insurance
- Document and maintain complete and accurate supporting information for all financial transactions
- Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, Inventory, and petty cash
- Reconcile bank and investment accounts
- Review monthly results and implement monthly variance reporting
- Manage the cash flow and prepare cash flow forecasts in accordance with policy for each working site
- Oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll
- Manage the acquisition of capital assets and ensure that assets are properly recorded, amortized, and disposed of as appropriate
- Assist the Executive Director with financial reporting as required at Board meeting
- Oversee all payroll functions to ensure that employees are paid in a timely and accurate manner
- Maintain financial records for each project in a manner that facilitates management reports
- Monitor risk management policies and procedures to ensure that program and organizational risks are minimized to an acceptable level
- Advise the organization's Management on appropriate insurance coverage for the organization and its staff
- Negotiate with Bank for lines of credit or other financial services as required and appropriate
- Monitor all legislation relevant to the organization (employment standards, occupation health and safety, human rights, etc)
- Maintain good relationship with key stakeholder major customers and suppliers.


Company Details

Intermaint for Engineering services & Energy

Cairo, Egypt

101-500 employees

Engineering Services

www.intermaint.com

Feb 2013 to present (4 years 10 months)
Financial Manager at Sky-LiveStock

Experience Details

Financial Manager

Accounting/Finance

Senior Management (e.g. VP, CEO)

- Setting out the financial cycle & procedures for the two affiliated companies
- Implementing QuickBooks Financial software customized to the needs for each company
- Handling & Following up all activities related to our farm’s calves including purchasing, feeding, vaccination, monthly weighting and selling activities.
- Maintaining Management Reports for each calf status including purchase date, monthly weight, daily feed cost, shelter cost, management fees and average growth rate and categorized all calves to its current status ( WIP, Available for Sale , Sold , Sick Sold, Dead, Returned) with allocated costs.
- Manage the payroll function ensuring efficient systems, process and controls.
- Prepare Monthly Income Statements, Cash flow statements and balance Sheets for two companies.
- Established detailed budget for the two Companies and preparing quarterly variance report with supporting assumption and required explanation.
- Preparing all tax calculations and forms required by law withholding tax, wage tax stamp tax and social insurance.
- Develop cash flow forecasting and maintain a long term cash forecast
- Monitoring monthly physical inventory count process & comparing with book.
- Maintaining Fixed Assets register.


Company Details

Sky-LiveStock

Giza, Egypt

11-50 employees

Agriculture/Fishing/Farming

N/A

Jan 2012 to Jan 2013 (1 year)
Financial Manager at Intralot

Experience Details

Financial Manager

Accounting/Finance

Senior Management (e.g. VP, CEO)

- Prepare financial and regulatory reports required by laws, regulations, and boards of directors.
- Reviewing Accrual & Prepayment Transactions & Balances
- Reviewing A/P Accrual, Payment & Aging Analysis
- Reviewing the A/R Cycle, Invoices, Debit notes, Credit Notes , Collection & Aging analysis
- Reviewing all Customers & Suppliers Contracts
- Handling Inter-company current accounts -ICA (Booking-Confirmation & Bank Transfer Payment)
- Reviewing All bank transactions, Interest, Commission & reconciliation
- Handling all transactions for L-T & S-T Loans with the bank & their reconciliation
- Reviewing Sales, Salary, Stamp & With-holding tax preparation & Insurance
- Establish and maintain relationships with individual and business customers, and provide assistance with problems these customers may encounter
- Controlling Fixed Asset (Addition, Disposal & Register)
- Controlling all cost & profit centers analysis
- Auditing all GL Transaction & Monthly Closing Entries
- Controlling and Supervising Junior & Senior Accountants
- Prepare operational and risk reports for management analysis.
- Preparing the budget & comparing it versus the actual result & verify any variance available
- Closing Quarterly & End Year Financial Statements with External Auditors
- Having the whole Reporting Responsibilities with other branches & Head Office in Greece :

• BRI : Budget Report Intralot
• QRI: Quarterly Report Intralot
• SRI: Sales Report Intralot
• MRI: Monthly Report Intralot
• REC: Reconciliation Of Accounts Receivable & Payable
• PRI: Personnel Report Intralot
• UFC: Updated Forecast


Company Details

Intralot (multinational)

Cairo, Egypt

11-50 employees

Consumer Electronics , Information Technology Services

www.intralot.com

May 2009 to Dec 2011 (2 years 7 months)
Accounting Manager at FedEx

Experience Details

Accounting Manager

Accounting/Finance

Manager

- Setting the Accounting system for sister companies (Kwik Kopy & Computer troubleshooters)
- Assist in the development & implementation of accounting policies & procedures
- Making consolidated financial statements for FedEx group.
- Preparing and reviewing detailed budgets and financial forecasts for FedEx Group(Fedex, Kiwik kopy, Computer troubleshooters) and assist in group business plan
- Developing financial management mechanisms that minimize financial and operational risks.
- Conducting reviews and evaluations for cost-reduction opportunities and Advise on the proper allocation of resources.
- managing a company's financial accounting, monitoring and reporting systems
- Review collection reports to determine the status of collections and the amounts of outstanding balances.
- developing external relationships with appropriate contacts e.g. auditors, solicitors, bankers and statutory organizations such as Tax authorities
- liaising with auditors to ensure annual and quarterly auditing is carried out
- Supervise all booking process
- Making inter-companies accounts
- Organize monthly close process
- Handling and managing senior and junior accountants
- Prepare monthly & quarterly financial statements & expense analysis
- Recruit staff members, and oversee training programs.
- Liaise and cooperate with director of finance


Company Details

FedEx (multinational)

Cairo, Egypt

501-1000 employees

Logistics and Supply Chain

www.fedex.com

Oct 2000 to Apr 2009 (8 years 6 months)

Education

BSc in Accounting

Education Details

BSc

Accounting

Cairo University, Egypt

C / Good / 65 - 75%

Accounting

N/A

Cairo University
1995 - 1999

Certifications

ACCA
Dec 2012

Certificate details

ACCA

Dec 2012

N/A

N/A

N/A

ACCA

N/A

CMA
Nov 2014

Certificate details

CMA

Nov 2014

N/A

N/A

43867

IMA

Certified Management Accountant

This profile is fresh!
Last update 5 days ago.

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Profile Skills and Keywords

ACCAAccountingAccounting ManagerAdaptiveAgricultureArabicCMAConsumer ElectronicsEngineering ServicesEnglishExcelFarmingFedExFinanceFinancial ManagementFinancial ManagerFishingFlexibleInformation Technology ServicesInsuranceInternetIntralotLeaderLogistics And Supply ChainOrganizerPower PointProblem SolverRisk ManagementTaxationTeam Player

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Advanced

: Advanced

: Advanced

: Advanced

Tools and Technologies

Internet

Internet

: Expert

: Extreme - I love it!

:

More than 7 years

Power Point

Power Point

: Expert

: Extreme - I love it!

:

More than 7 years

Excel

Excel

: Advanced

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Management

Financial Management

: Expert

: Extreme - I love it!

:

More than 7 years

Risk Management

Risk Management

: Advanced

: High

:

5-7 years

Taxation

Taxation

: Advanced

: High

:

5-7 years

Key Skills

Leader, Organizer, Problem Solver, Flexible / Adaptive, Team Player

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