Michel Fam

Chief accountant at Egyptian Spanish Company for Food Production

Heliopolis, Cairo, Egypt

Egyptian Spanish Company for Food Production

Jan 2021 - Present -4 yrs, 4 months

Egypt

Job Details:Sole accountant overseeing end-to-end financial operations: executed journal entries, ap/ar, tax compliance (vat, income tax), bank reconciliations, and financial reporting (p&l, balance sheet, cash flow). Managed cost control, multi-currency transactions, inventory reconciliation, and annual budgeting, aligning financial plans with operational efficiency. Prepared board documentation (meeting minutes, assembly reports) and legal filings, ensuring compliance with regulatory standards and audit requirements. Maintained shareholder equity records, resolving discrepancies and upholding ownership agreements. Advised executive leadership on cost optimization, governance practices, and risk management strategies.

FRD (Head Office of Man’oucheh Restaurants)

Jan 2015 - Jan 2017 -2 yrs

Egypt

Job Details:Monitored daily income from 15+ branches, compiled reports for management to analyze revenue trends and branch performance. Documented daily branch transactions and reconciled central accounts to resolve discrepancies and ensure accuracy. Managed treasury, controlled head office costs, and maintained daily cash flow journals. Audited branch records to ensure compliance with internal policies and prevent financial discrepancies.

Marsa Allam Tourism Investors Association

Egypt

Job Details:Prepared financial statements (income/expenses) and managed accounts for tourism stakeholders, ensuring compliance with government regulations. Handled administrative tasks: board meeting minutes, general assembly reports, and official record-keeping. Collaborated with hospitality businesses to resolve financial issues and support eco-friendly tourism initiatives. Coordinated high-level meetings with government authorities to advance regulatory reforms and drive tourism sector growth. Aligned financial strategies with Egypt’s tourism development goals through cross-sector collaboration.

Petroleum Air Services (PAS)

Egypt

Job Details:Led accounts payable operations, including voucher entry, cost allocation, and weekly payment processing for company-wide expenses. Managed prepaid costs and accrued expenses, ensuring accurate month-end reporting and compliance. Processed invoices and payments, verifying alignment with purchase orders/contracts; resolved mismatches with vendors to ensure timely payments. Reconciled accounts monthly, closed overdue balances, and maintained audit-ready records for seamless reviews. Acted as the primary AP contact for vendors, auditors, and departments, streamlining communication and issue resolution.