Joseph Mahrous Tawfik

Finance DirectorFull Time

Finance ManagerFull Time

• Job Details:Highlights: • Contributed significantly in establishing and migrating processes from manual to ERP system thus advanced accuracy and integrity for finance functions. • Leveraged core functional expertise in formulating finance policies and procedures for Batelco El Bahrain. • Established a cohesive collection strategy that regularized and augmented efficiencies of business cycle. • Spearheaded transition from Delta ERP to Oracle ERP; orchestrated seamless integration of Etisalat policies, procedures and systems with subsidiary company to secure consistency and minimum disruption in routine business functions. Key Responsibilities: • Devised cohesive finance management strategies with key emphasis on accounts payable/ receivable, treasury and fixed assets for enhancing current as well as future financial performance of the organization. • Led a team of middle level managers to convert fiscal business information into financial statements and reports in sync with various reporting and procedural standards. • Oversaw factors critical for sound financial performance like budgeting and forecasting. Identified variances and deployed actions to circumvent the same. • Generated an array of analytical reports that involve past trends and statistical compilation of current business data for MD and Finance Batelco team review on monthly basis. • Fostered appropriate control levels, established best practices for cost systems and implemented tight collection processes to optimize cash flow. • Verified accuracy, completeness and integrity of all financial statements/ reports and provided integral support to auditors in generated year-end audited financial statements. • Kept current on tax policies and structures to advise management on tax implications while explored any tax saving opportunity while filing of sales, salaries and stamp tax. • Governed a performance driven culture across the organization; evaluated performance vis-à-vis target and directed modifications to policies/ strategies to ensure business performance heads in a positive direction.

Accounting ManagerFull Time

• Job Details:Key Responsibilities: • Served as an expert source for all finance issues including full accountability of producing balance sheets, income statement and cash-flow statements with quality, accuracy and conformance to chart of accounts. • Led activities from concept to completion with regards to project budgeting and forecasting. Be aligned payable, receivables and inventory cycles to maintain a positive working capital flow in the system. • Recorded and updated detailed schedule of fixed assets; calculated accumulated depreciation and ensured all assets are appropriately valued and documented in the books of accounts. • Presented reports highlighting financial position/ performance in line with the set targets or budgets and clearly outlined financial risk/ benchmarks to senior management with corresponding action plans. • Administered treasury functions and concurrently evaluated impact of financial policies and processes and re-organized structures to ensure the organization’s financial domain is efficient and organized. • Maintained complete, accurate and systematic set of records for all financial statements, documents and reports. Ensured cost controls as well as application of appropriate accounting standards and principles.