Ibrahim Sayed Abouelsaad

Chief AccountnatFull Time

• Job Details:Responsibilities at Rolaco Hospitality Supplies: • Fully responsible for recreating financial activity. • Prepare the Income Statement and Balance Sheet & Cash Flow for the business in compliance with standard accounting practices. • Assist the Finance Manager to comply with reporting requirements as the need arises. • Monitor usage of funds versus the budget, and analyze variances therein. • Provide accurate inputs to various department Managers to prepare departmental budgets. • Help the Finance Manager to facilitate the planning and budgeting process. • Provide inputs to the Finance Manager to accurately estimate cash flow requirements. • Provide timely and accurate inputs for Costing reports. • Identify and evaluate opportunities to optimize cost and increase efficiency. • Complying with the accounting policies laid down by the Group for recording transactions, preparing Financial Statements and adhering to internal control mechanisms. • Cross check and verify data/records processed by the Senior Accountants. • Ensure all accounting transactions are completed on time. • Constantly interact and guide Accountants in the team. • Ongoing communication with the Finance Manager and the Accounts team to co-ordinate information flows and comply with reporting requirements. • Highlight loopholes in the Internal Control System, recommend alternatives to the Corporate, and implement the new procedures recommended by the Corporate. • Reporting relationship with the Finance Manager. • Working relationship with the Internal Auditor. • Making recommendations pertaining to recruitment of the Accounts department staff. • Manage day to day functioning of the Accounts department. • Mange VAT report & Transaction day to day till issue report. - Special achievements during current position • Played main role in preparing standardized chart of account for the group. • Assisted in the implementation process of new ERP system, which is AX dynamics.