Basic Info

Wael Ziada

More than 15 years

El Mahalh El Kubra, Egypt

Bachelor's Degree

Manager

Work Experience

Financial Consultant at F.M Hotels Management -- El Masoud Tourism

Experience Details

Financial Consultant

Accounting/Finance

Manager

To provide sound financial advice to CEO and other Senior Management colleagues, direct financial analysis, budgeting,
forecasting, reporting, cash and balance sheet management
• To ensure that all financial records, receipts, payable, and cash flows are accurate, updated, and processed efficiently,
effectively, and in a timely manner
• Create, coordinate, and evaluate the financial programs and supporting information systems of the Company to include
budgeting and conservation of assets
• Develop and implement finance, accounting, billing, and auditing procedures of the Company
• Develop and direct the implementation of the Company’s strategic business and/or operational plans, projects, programs,
and systems
• Establish and implement short- and long-range financial goals, objectives, policies, and operating procedures
• Oversee the fiscal year end process, ensure the accurate and timely closing of the year end books for auditing purpose, and
ensure auditing functions and costs are kept to a minimum for the benefit of the Company
• Monitor the Company’s investments and provide monthly reports for the status of investments and investment options
• Review the functions of the Finance Dept. on purchasing procedures and processes such as Purchase Requisitions,
Purchase Orders, cheque requisitions, petty cash disbursements and control
• Ensure accounts payable and receivables are processed accurately, efficiently and in a timely manner, and report any
concerns/discrepancies
• Ensure that the administrative and program expenditures meet budget objectives and approval processes
• Ensure that the committed funds are received when due and allocated accurately by monitoring and analyzing cash flows
monthly, including revenues, expenditures, receivables and payable s, and produce monthly statements and variance reports
skills
1. Strategic planning and execution
2. Contracting, negotiating, and change management
3. Finance, Accounting, Budgeting, Auditing, and Cost-control principles
4. Generally Accepted Accounting Principles
The Financial Controller will be involved in the day to day financial activities for the company holdings or any other new
expansion in the future this will include; financial strategy, analysis of the books, reporting back to management on the state of
the company's finances, cash flow, producing accounts, setting and checking targets, monitoring the performance of each
department, auditing and overseeing all tax and regulatory/compliance issues.


Company Details

F.M Hotels Management -- El Masoud Tourism

Cairo and Sharm El Sheikh, Egypt

101-500 employees

Hospitality/Hotels, Entertainment , Travel and Tourism

N/A

Mar 2016 to present (9 months)
Financial Controller at Hollywood Sharm

Experience Details

Financial Controller

Accounting/Finance

Manager

Supervise all accounting functions including payroll, payable, receivables, cashiering and night audit.
Prepare the financial statements within the time frames supplies in the Corporate closing schedule and
according to the Standard Policies and Procedures, Generally Accepted Financial Services Principles
and the Uniform System of Accounts.
Analyze and interpret financial results in order to assist and advise the General Manager and the
Corporate Team.
Maintain balance sheet analysis on at least a quarterly basis and preferably on a monthly basis with
full supporting detail.
Prepare accurate cash flow statements and projections on a monthly basis and on request.
Maximize working capital and cash flow statements and projections on a monthly basis and on request.
Prepare timely and accurate sales, use and occupancy tax returns as well as any other external
reports or returns as deemed necessary.
Ensure successful treasury cash management as set forth in the policies and procedures manual.
Ensure compliance with the management agreement and attendant legal documents. Understanding
how those documents translate into financial responsibilities and how they may effect both the hotel’s
and Corporate's financial position.
Maintain effective system and control procedures as set forth in the policies and procedures manuals.
Ensure integrity and efficiency of computerized data processing functions. Serves as the owner of
maintaining all computer hardware and software systems within the hotel.
Ensure that all financial reports, budgets, forecasts, and other information required by Management are
accurately compiled and submitted within the specified time limits, identifying variances, and making


Company Details

Hollywood Sharm

Sharm El Sheikh, Egypt

101-500 employees

Entertainment , Hospitality/Hotels, Food and Beverage Production

N/A

Jun 2014 to Feb 2016 (1 year 8 months)
Area Financial Controller at F.M Hotels Management

Experience Details

Area Financial Controller

Accounting/Finance

Manager

1. Strategic planning and execution
2. Contracting, negotiating, and change management
3. Finance, Accounting, Budgeting, Auditing, and Cost-control principles
4. Generally Accepted Accounting Principles
The Financial Controller will be involved in the day to day financial activities for the company holdings or any other new
expansion in the future this will include; financial strategy, analysis of the books, reporting back to management on the state of
the company's finances, cash flow, producing accounts, setting and checking targets, monitoring the performance of each
department, auditing and overseeing all tax and regulatory/compliance issues.
Key duties and responsibilities
•Oversee the smooth and efficient running of the Finance Department in Saudi, Cairo and Amman .
•Help the Head office in building Financial plans and budgets for the company.
•Consolidation of accounts for Holdings and its subsidiaries .
•Ensure compliance with statutory authority and audit requirements.
•Ensure the monthly reconciliation of all ledgers and sub-ledgers with HO, suppliers, branches
•On a monthly basis conduct balance sheet reconciliation for review by Directors.
•Analyze business performance / results, providing feedback to Senior Management.
•Track and monitor revenue for accuracy, verifying it against sub ledger report on a monthly basis
•Ensure monthly accruals are adjusted to meet demands of the business.
•Co-ordinate and prepare annual budgets, including operating and capital expenditure budgets
•To ensure the accurate preparation / reporting of monthly financial results in strict accordance with Company deadlines.
•Ensure approved capital expenditure budgets are adhered to at all times.
•Ensure all company assets are monitored and accurately accounted for
•Ensure compliance with the regulation .
•Make self-available as coach / mentor in assisting and directing other staff .
•Delegate tasks to direct reports in line with skill, knowledge and ability and where necessary identify skill gaps and training
requirements.
•Manage cash flow of the company


Company Details

F.M Hotels Management

Cairo, Egypt

101-500 employees

Hospitality/Hotels, Travel and Tourism, Transportation

N/A

Jul 2011 to May 2014 (2 years 10 months)
Cluster Financial Financial Controller at Tower Group

Experience Details

Cluster Financial Financial Controller

Accounting/Finance

Manager

To provide sound financial advice to CEO and other Senior Management colleagues, direct financial analysis, budgeting,
forecasting, reporting, cash and balance sheet management
• To ensure that all financial records, receipts, payable, and cash flows are accurate, updated, and processed efficiently,
effectively, and in a timely manner
• Create, coordinate, and evaluate the financial programs and supporting information systems of the Company to include
budgeting and conservation of assets
• Develop and implement finance, accounting, billing, and auditing procedures of the Company
• Develop and direct the implementation of the Company’s strategic business and/or operational plans, projects, programs,
and systems
• Establish and implement short- and long-range financial goals, objectives, policies, and operating procedures
• Oversee the fiscal year end process, ensure the accurate and timely closing of the year end books for auditing purpose, and
ensure auditing functions and costs are kept to a minimum for the benefit of the Company
• Monitor the Company’s investments and provide monthly reports for the status of investments and investment options
• Review the functions of the Finance Dept. on purchasing procedures and processes such as Purchase Requisitions,
Purchase Orders, cheque requisitions, petty cash disbursements and control
• Ensure accounts payable and receivables are processed accurately, efficiently and in a timely manner, and report any
concerns/discrepancies
• Ensure that the administrative and program expenditures meet budget objectives and approval processes
• Ensure that the committed funds are received when due and allocated accurately by monitoring and analyzing cash flows
monthly, including revenues, expenditures, receivables and payable, and produce monthly statements and variance reports


Company Details

Tower Group

Sharm el-Sheikh, Egypt

101-500 employees

Hospitality/Hotels, Travel and Tourism, Construction - Residential & Commercial/Office

N/A

Aug 2009 to Jun 2011 (1 year 10 months)
Financial Manager at Louis Tiran Sharm

Experience Details

Financial Manager

Accounting/Finance

Manager

assist Management to provide financial support, advice and expertise to the General Manager and the entire team, with the
aim of maximizing value and to develop the quality of the accounting and financial requirements within the Hotel.
As a Financial Controller I'm responsible for the short and long term planning and the management of the finance operations
to achieve or meet / exceed financial goals, whereby key responsibilities include:
•Overall management of the accounting records and financial reports of the hotel, ensuring compliance with company, owner,
statutory and fiscal requirements and timetable
•Compliance with the management agreement and any Owner / Lease agreement
•Provide an effective and efficient control through focused system of internal control
•Monitor compliance with company policy and accounting procedures
•Ensure legal and tax compliance and that adequate insurance cover is maintained
•Liaise and co-operate with both Internal and External audits and ensure that corrective action is taken where required
•Develop best practice financial accounting and control procedures
•Support and advice the management team on financial and commercial matters
•Manage the formulation, review and approval of budgeting and strategic planning within the hotel, identifying value
opportunities
•Ensure a regular cycle of forecasting is taking place with content and detail appropriate to the needs of the operation.


Company Details

Louis Tiran Sharm (multinational)

Sharm el-Sheikh, Egypt

501-1000 employees

Hospitality/Hotels, Healthcare and Medical Services, Travel and Tourism

N/A

Sep 2008 to Jul 2009 (10 months)
Financial Controller at Tower Group

Experience Details

Financial Controller

Accounting/Finance

Manager

Review forecasts and budgets prepared by hotel management team to ensure that owners, the General Manager, and
Management Corporate Management are provided with guidelines of performance that are both reasonable and achievable.
¨Ensure all legal, treasury, and tax documentation is properly maintained and secured, and that all statuary and fiscal
reporting requirements are satisfied, which includes any governmental requirements for permits and licenses.
¨Ensure adequate insurance coverage is maintained to protect the assets of the hotel with particular regard to the
requirements contained in the hotel's management contract.
¨Ensure adequate controls are installed and maintained for the protection of the hotels' assets against loss or misappropriation.
¨Successfully lead and perform an advisory or interpretive role as well as to recommend controls related to the ethical
environment.
¨Continuously monitor economic, social and governmental trends and policies to ensure the General Manager and Corporate
Management are kept fully apprised of any implications that may affect the performance of the hotel in meeting its financial
objectives.


Company Details

Tower Group

Sharm el-Sheikh, Egypt

501-1000 employees

Hospitality/Hotels, Healthcare and Medical Services, Travel and Tourism

N/A

Aug 2006 to Aug 2008 (2 years)
Chef Account at Tower Group

Experience Details

Chef Account

Accounting/Finance

Senior Management (e.g. VP, CEO)

Supports the day-to-day execution of general ledger impacted processes, including support to clients as they work with and
understand these processes. Performs accounting functions specifically in the areas of account balancing, ledger
reconciliation, reporting and discrepancy resolution.
• Coordinates and implements accounting work and projects as assigned.
• Coordinates, implements and follows up on Accounting SOP audits for all areas of the property.
• Complies with Federal and State laws applying to fraud and collection procedures.
• Generates and provides accurate and timely results in the form of reports, presentations, etc.
• Analyzes information and evaluates results to choose the best solution and solve problems.
• Compiles, codes, categorizes, calculates, tabulates, audits, or verifies information or data.
• Balances credit card ledgers.
• Verifies contracts for groups and performs credit reference checks for direct billed groups if necessary.
• Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
• Develops specific goals and plans to prioritize, organize, and accomplish your work.
• Submits reports in a timely manner, ensuring delivery deadlines.
• Ensures profits and losses are documented accurately.
• Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
• Maintains a strong accounting and operational control environment to safeguard assets.
• Completes period end function each period.
• Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures,
and efficient control and utilization of financial resources.


Company Details

Tower Group

Sharm el-Sheikh, Egypt

N/A

Hospitality/Hotels, Travel and Tourism, Construction - Residential & Commercial/Office

N/A

Aug 2003 to Jul 2006 (2 years 11 months)
Sienuor Account – Assistant Chef Account at Tower Group

Experience Details

Sienuor Account – Assistant Chef Account

Accounting/Finance

Experienced (Non-Manager)

• Demonstrates knowledge of job-relevant issues, products, systems, and processes.
• Demonstrates knowledge of return check procedures.
• Demonstrates knowledge of the Gross Revenue Report.
• Demonstrates knowledge and proficiency with write off procedures.
• Demonstrates knowledge and proficiency with consolidated deposit procedures.
• Keeps up-to-date technically and applying new knowledge to your job.
• Uses computers and computer systems (including hardware and software) to program, develop financial spreadsheets, set
up functions, enter data, or process information.
• Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations,
or standards.
• To ensure that all documents are available for the hotel monthly payroll.
• To liaise with human resources department in order to comply with government rules and
requirements.
• To ensure that salaries are paid to associates as per schedule
• Payroll preparation
• Addition and deduction to payroll
• Additions and deletions of talent
• Monthly closing
• Filing of documents
The ideal candidate will be results oriented and a self motivator along with a positive attitude. You have the ability to think
laterally and analytical, display a high level of integrity and have the ability to identify, impact and influence others. You are a
strong team player, enthusiastic and flexible, while possessing following additional competencies:
Understanding Hotel Operations
Teamwork
Planning for Business
Supervising People
Understanding Differences
Supervising Operations
Customer Focus
Adaptability
Effective Communication
Drive for Results


Company Details

Tower Group

Sharm el-Sheikh, Egypt

101-500 employees

Hospitality/Hotels, Travel and Tourism, Construction - Residential & Commercial/Office

N/A

Apr 2002 to Aug 2003 (1 year 4 months)
Account Payable - Cost Controller at Tower Group

Experience Details

Account Payable - Cost Controller

Accounting/Finance

Entry Level

Check figures, postings, and documents for accuracy. Organize, secure, and maintain all files, records, cash and cash
equivalents in accordance with policies and procedures. Record, store, access, and/or analyze computerized financial
information. Classify, code, and summarize numerical and financial data to compile and keep financial records, using journals,
ledgers, and/or computers. Prepare, maintain, audit, and distribute statistical, financial, accounting, auditing, or payroll reports
and tables. Complete period-end closing procedures and reports as specified. Prepare, review, reconcile, and issue bills,
invoices, and account statements according to company procedures. Follow-up and resolve past due accounts and vendor
invoices until payment in full is received or resolved. Coordinate tasks and work with other departments; serve as a
departmental role model or mentor; assign and ensure work tasks are completed on time and that they meet appropriate
quality standards. Report work related accidents, or other injuries immediately upon occurrence to manager/supervisor. Follow
all company policies and procedures; ensure uniform and personal appearance are clean and professional; maintain
confidentiality of proprietary information; protect company assets. Speak with others using clear and professional language;
prepare and review written documents accurately and completely; answer telephones using appropriate etiquette. Develop
and maintain positive working relationships with others; support team to reach common goals; listen and respond
appropriately to the concerns of other employees. Move, lift, carry, push, pull, and place objects weighing less than or equal to
10 pounds without assistance. Perform other reasonable job duties as requested by Supervisors. The Ritz-Carlton is an equal
opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture. The Ritz-Carlton does not
discriminate on the basis of disability, veteran status or any other basis protected under federal, state or local laws.
The position champions and implements property-wide strategies that deliver products and services to meet or exceed the
needs and expectations of the brand’s target customer and property employees. The position provides the financial expertise
to enable the successful implementation of the brand service strategy and brand initiatives while maximizing the return on
investment.
• Analyzes financial data and market trends.
• Assists in analyzing information, forecasts sales against expenses and creates annual budget plans.
• Compiles information, analyzes and monitors actual sales against projected sales.
• Assists in developing means to improve profit, including estimating cost and benefit, exploring new business opportunities,
etc.
• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
• Thinks creatively and practically to develop, execute and implement new business plans
• Protects and strengthens our competitive advantage by advocating and supporting sound business and financial decision
making.
• Implements a system of appropriate controls to manage business risks.


Company Details

Tower Group

Sharm el-Sheikh, Egypt

101-500 employees

Hospitality/Hotels, Travel and Tourism, Construction - Residential & Commercial/Office

N/A

Apr 2001 to Mar 2002 (11 months)
Income Editor - Accounts Receivable at Tower Group

Experience Details

Income Editor - Accounts Receivable

Accounting/Finance

Entry Level

Check figures, postings, and documents for accuracy. Record, store, access, and/or analyze computerized financial
information. Control and secure cash and cash equivalents for property according to cash handling policy and procedures.
Organize, secure, and maintain all files and records in accordance with document retention and confidentiality policies and
procedures. Prepare, maintain, and distribute statistical, financial, accounting, auditing, or payroll reports and tables. Audit
statistical, financial, accounting, auditing, or payroll reports and tables. Audit and reconcile all revenue postings. Follow all
company safety and security policies and procedures; report accidents, injuries, and unsafe work conditions to manager;
maintain awareness of undesirable persons on property premises. Follow all company policies and procedures; ensure
uniform and personal appearance are clean and professional; maintain confidentiality of proprietary information; protect
company assets; protect the privacy and security of guests and coworkers. Welcome and acknowledge all guests according to
company standards; anticipate and address guests' service needs; assist individuals with disabilities; thank guests with
genuine appreciation. Speak with others using clear and professional language; prepare and review written documents
accurately and completely; answer telephones using appropriate etiquette. Develop and maintain positive working
relationships with others; support team to reach common goals; listen and respond appropriately to the concerns of other
employees. Comply with quality assurance expectations and standards. Move, lift, carry, push, pull, and place objects
weighing less than or equal to 10 pounds without assistance. Perform other reasonable job duties as requested by
Supervisors. The Ritz-Carlton is an equal opportunity employer committed to hiring a diverse workforce and sustaining an
inclusive culture. The Ritz-Carlton does not discriminate on the basis of disability, veteran status or any other basis protected
under federal, state or local laws.
review the city ledger, prepare invoices and verify purchase slips in a smooth and effective way and in compliance with all
policies, whereby your role will include key responsibilities such as:
•Transfer daily city ledger data from Front Office system to Back Office Accounts Receivable module
•Verify the total transfer with city ledger folios
•Review the city ledger folios with supporting documents such as charge slips, LPOs, etc.
•Follow up if required for billing instructions, LPOs, supporting documents, etc.
•Prepare invoices and obtain Director of Finance / Financial Controller signature
•Send the original invoices with supporting documents to the customer, file a copy of the full set in the customer file and
another copy in the sequential file
•Calculate commission for credit card payments received
•Issue receipts for cash and cheqes received from customers and credit card payment received directly to the bank
•Hand over all cash receipts to the General Cashier with receipt copy
•Prepare and give employee city ledger summary to the Paymaster on the 25th of each month.
8


Company Details

Tower Group

Sharm el-Sheikh, Egypt

101-500 employees

Hospitality/Hotels, Travel and Tourism, Construction - Residential & Commercial/Office

N/A

Jun 1998 to Feb 2001 (2 years 8 months)

Education

Commercial in Account

Education Details

Commercial

Account

Commerce College -- Tanta University, Egypt

C / Good / 65 - 75%

N/A

N/A

Commerce College -- Tanta University
1991 - 1994

Certifications

Certificate details

Safety Food Quality

Jan 2011

N/A

N/A

N/A

E - Cristal

N/A

Training and Courses

Training/Course Details

Quality Control

Aug 2002

H.R Tower Group

 Butcher training, food & beverage cost control, kitchen training, storing& receiving procedures in European standard & issuing, having a training of follow proper food cycle as HACCP standard.  Management training in Accounting ( Cost control & purchasing, general store).  Train the trainer, Supervisor skills. T.O.T

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Profile Skills and Keywords

AccountAccount Payable - Cost ControllerAccountingAccounting & FinanceAnalyticalArabicArea Financial ControllerBusiness PlanningChef AccountChess & BingBongCluster Financial Financial ControllerComsys Back OfficeComsys F.B ManagementComsys P.M.SComsys P.O.SConstruction - Residential & CommercialEnglishEntertainmentFidelio V8 - P.M.SFinanceFinancial ConsultantFinancial ControllerFinancial ManagerFood And Beverage ProductionFootball/Bowling/Hard WorkerHealthcare And Medical ServicesHospitalityHotelsHuman ResourcesIncome Editor - Accounts ReceivableInsuranceItalianLeaderLouis Tiran SharmManage The Cash FlowMaterial ControlMicrosoft ExcelMicrosoft OfficeMicrosoft WordOfficeOperaPlannerPre Opening Hotels ExperiencePrepare Cash Flow Forecasts In Accordance With PolicyProblem SolverProficient In All Financial Aspects Linked To The OperationsQuality ControlReadingSafety Food QualitySienuor Account Assistant Chef AccountSunSwimmingTechnical AnalysisTransportationTravel And Tourism

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Advanced

: Advanced

: Fluent

Italian

Italian

: Advanced

: Intermediate

: Advanced

: Advanced

Tools and Technologies

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Word

Microsoft Word

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Comsys P.M.S

Comsys P.M.S

: Expert

: Extreme - I love it!

:

More than 7 years

Comsys P.O.S

Comsys P.O.S

: Expert

: Extreme - I love it!

:

More than 7 years

Comsys Back Office

Comsys Back Office

: Expert

: Extreme - I love it!

:

More than 7 years

Comsys F.B Management

Comsys F.B Management

: Expert

: Extreme - I love it!

:

More than 7 years

Fidelio V8 - P.M.S

Fidelio V8 - P.M.S

: Expert

: Extreme - I love it!

:

More than 7 years

Material Control

Material Control

: Expert

: Extreme - I love it!

:

More than 7 years

Sun

Sun

: Expert

: Extreme - I love it!

:

More than 7 years

Opera

Opera

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Technical Analysis

Technical Analysis

: Expert

: Extreme - I love it!

:

More than 7 years

Business Planning

Business Planning

: Expert

: Extreme - I love it!

:

More than 7 years

Pre Opening Hotels Experience

Pre Opening Hotels Experience

: Expert

: Extreme - I love it!

:

More than 7 years

Proficient in all financial aspects linked to the operations

Proficient in all financial aspects linked to the operations

: Expert

: Extreme - I love it!

:

More than 7 years

Manage the cash flow

Manage the cash flow

: Expert

: Extreme - I love it!

:

More than 7 years

prepare cash flow forecasts in accordance with policy

prepare cash flow forecasts in accordance with policy

: Expert

: Extreme - I love it!

:

More than 7 years

Accounting & Finance

Accounting & Finance

: Expert

: Extreme - I love it!

:

More than 7 years

Human Resources

Human Resources

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Leader, Planner, Hard worker, Problem Solver

Online Presence

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