Basic Info

Medhat Hikal

12 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Financial Manger at AMD30 Contracting

Experience Details

Financial Manger

Accounting/Finance, Operations/Management, Logistics/Supply Chain

Manager

•Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control.
•Preparing Annual Budget and forecasting trends.
•Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
•Developing and updating accounting, finance and management policies and procedures.
•Effective Cash Flow Management
•Monitoring budgets and comparing them with actual cost and revenues related to production, marketing and capital.
•Coordinating the preparation, maintenance and filing of projected P&L Account, Bills Discounting and Balance Sheet as required by bank authorities and other financial institutions.
•Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
•Liaison with business related organizations such as Banks, Etc.
•Handling the queries and the documents for export/import matters and carrying out all correspondence with the bank
•Filing VAT return and Income tax assessment.
•Remitting foreign currency for import advance & other expenses like traveling, consultancy, advertising and project forging cost .
•Negotiating with the banks for export documentation requirement.
•Opening LC for inland and foreign party, bank guarantee for the import & PGB for the purchase,
•Processing of Purchase Bills of Raw Material, Asset & Passing Bills of expenses from various departments
•Leading the corporate finance team
•Preparation and review of the monthly business performance report and rolling 12-month forecasts
•Implementing the business strategy plan
•Strategic Supply Chain Operations
•Enterprise and Resource Planning
•Financial Management in Supply Chains


Company Details

AMD30 Contracting

Cairo, Egypt

101-500 employees

Construction - Industrial Facilities and Infrastructure

N/A

Aug 2016 to present (1 year 2 months)
Financial Manger at Complete Energy Solutions

Experience Details

Financial Manger

Accounting/Finance, Operations/Management, Purchasing/Procurement

Manager

•Determining financial objectives. Designing & implementing systems, policies & procedures to facilitate internal financial control.
•Preparing Annual Budget and forecasting trends.
•Developing reports for top management summarizing the business financial position in areas of income, expenses, capital usage and cash flows, and coordinate the preparation of strategic plans, budgets and financial forecast.
•Developing and updating accounting, finance and management policies and procedures.
•Effective Cash Flow Management
•Monitoring budgets and comparing them with actual cost and revenues related to production, marketing and capital.
•Coordinating the preparation, maintenance and filing of projected P&L Account, Bills Discounting and Balance Sheet as required by bank authorities and other financial institutions.
•Coordinate the preparation of Financial Statements, Financial Reports for internal usage.
•Liaison with business related organizations such as Banks, Etc.
•Handling the queries and the documents for export/import matters and carrying out all correspondence with the bank
•Filing VAT return and Income tax assessment.
•Remitting foreign currency for import advance & other expenses like traveling, consultancy, advertising and project forging cost .
•Negotiating with the banks for export documentation requirement.
•Opening LC for inland and foreign party, bank guarantee for the import & PGB for the purchase,
•Processing of Purchase Bills of Raw Material, Asset & Passing Bills of expenses from various departments
•Leading the corporate finance team
•Preparation and review of the monthly business performance report and rolling 12-month forecasts
•Implementing the business strategy plan
•Strategic Supply Chain Operations
•Enterprise and Resource Planning
•Financial Management in Supply Chains
•Strong leadership and motivational skills
•Strong analytical, modelling and commercial reporting skills
•Good verbal and written communication skills


Company Details

Complete Energy Solutions (multinational)

Cairo, Egypt

101-500 employees

Energy and Utilities, Engineering Services

www.complete-eng.com

Mar 2013 to Jul 2016 (3 years 4 months)
Chief Accountant at Gastone for transport & Distribution

Experience Details

Chief Accountant

Accounting/Finance, Logistics/Supply Chain, Operations/Management

Manager

- The supervision of the accounts division work pursuant to the directives of the financial manager, implementing the plan, which he developed.

- Preparation, implementation and follow-up of the mechanisms and basics of control over heavy transport activity of the company;

- Following-up of the operations from the perspective of financial administration identifying the depreciation and consumption rates of the activity and the verification of their application.

- Preparation of the company monthly revenue claims, billing customers and the follow-up of payment and the maturity dates of each issued bill and the payment period of each one of them.

- The preparation, monitoring and reviewing of the suppliers' accounts to make sure that they comply with all the procedures required for the procurement operations and the selection of suppliers; and The verification of delivery according to all offered specifications then recording their bills, issuing due checks and the follow-up of their payment according to the maturity dates.

- Reviewing the monthly payroll of both the employees and temporary workers to confirm that the figures contained therein fulfill all specified controls; and Checking with the human resources department to validate the figures of attendance, departure and over time of the company employees and temporary workers;

- Making daily entries ad posting in the auxiliary records;

- Posting in the ledger and analyzing of miscellaneous accounts in the books and on the computer;

- Preparing the balance sheet and the annual financial statements (income statement, statement of cash flows, statement of changes in equity, in addition to the financial analysis of the items of the budget and of income in accordance with the Egyptian Auditing and Accounting Standards.

- The preparation and examination of tax auditing of the company preparing the audit plan in the light of the perspective of the tax officer providing him with the necessary data in this concern

- Providing the auditor with the information and the data that help him to carry out his work in monitoring the company's accounts, reviewing the balance sheet and the quarterly financial positions required from Shareholders.

- The preparation and registration of the annual tax return of Egyptian joint stock companies revising it with the auditor before obtaining the required legal signatures.

- The calculation of tax depreciation to determine the taxable net profit. The revision of the monthly sales tax, taxes on commercial and industrial gains and quarterly payroll taxes to submit them on legal set dates matching them with the figures registered in the accounts of the company.

- Preparing the memoranda and the statements required by the competent authorities. Possessing an excellent ability in writing all kinds of letters, financial and administrative memoranda.

- The financial analysis of the company accounts, the preparation and auditing of the financial ratios to measure the efficiency of the administration in managing the company's resources.

- Following- up of cars license procedures, renewal dates and its insurance papers. Monitoring equipment and equipment sales contracts, insurance documents and their renewal dates. Following up the procedures to claim damages, if any, and to collect them;

- -Possessing full knowledge of all the procedures and documents required for licensing cars and equipment in addition to the insurance and reinsurance documents in addition to having a good ability to negotiate with them.


Company Details

Gastone for transport & Distribution

Cairo, Egypt

51-100 employees

Oil and Gas

N/A

Sep 2006 to Mar 2013 (6 years 6 months)
Accountant & Audtior at Tarek Hanafy Abdel Hamid Office( Accounting, Auditing and Tax services)

Experience Details

Accountant & Audtior

Accounting/Finance

Entry Level

- Registration and preparation of the daily entries of some of the office clients, the trial balances, the balance sheet and all the analyzes required by some clients who assigned to the Office the entries and the auditing of their companies accounts;

- Conducting complete revision of the office clients from different Egyptian joint stock companies which exercise varied activities (industrial - tourism- petroleum services companies - factories - service-offices)

- Preparing the financial statements at the end of the fiscal year (the balance sheet, income statements, cash flow statements and different analysis).

- The preparation and examination of tax auditing of the company exercising different activities(Auditing income tax, sales tax, deduction and addition, stamp duty- payroll tax);

- Preparing all the analysis requested by the tax officer and the follow-up of auditing until the appearance of its result either to accept it pursuant to the perspective of the administration or to challenge the result taking all necessary legal procedures;

- Increasing the capital of the Egyptian joint stock companies and following -up their procedures, whether the increase was in kind thus, monitoring its economic performance in the General Authority for Investment or it was a cash increase by a bank certificate; Full knowledge of all the required procedures in this concern.

- Conduct studies on some companies to determine the fair value of the stock due to the exit of the shareholders or the entry of new ones;

- Full knowledge of all the required procedures starting with the minutes of the board of directors to the documentation at the General Authority for Investment with good ability to persuade and to reach the set goals.


Company Details

Tarek Hanafy Abdel Hamid Office( Accounting, Auditing and Tax services)

Cairo, Egypt

11-50 employees

Accounting and Auditing Services

N/A

Aug 2004 to Sep 2006 (2 years 1 month)

Education

Bachelor of Commerce & Business Administration in Accounting Section

Education Details

Bachelor of Commerce & Business Administration

Accounting Section

Helwan University, Egypt

C / Good / 65 - 75%

N/A

N/A

Helwan University
1999 - 2004

Certifications

Certificate details

Accounting Diploma

Apr 2004

94% out of 100%

N/A

N/A

Egyptian Society of Accountants and Auditors

N/A

Training and Courses

Training/Course Details

• Diploma in Accounting

Aug 2005

Egyptian Society of Accountants and Auditors (Computer Technology Center).

N/A

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Last update more than 1 months ago.

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Profile Skills and Keywords

Accountant & AudtiorAccountingAccounting And Auditing ServicesAccounting DiplomaAccounting SectionArabicBusiness PlanningChief AccountantComplete Energy SolutionsConstruction - Industrial Facilities And InfrastructureEnergy And UtilitiesEngineering ServicesEnglishFinanceFinancial ManagementFinancial MangerInsuranceLeaderLogisticsManagementMicrosoft ExcelMicrosoft OutlookMicrosoft PowerPointMicrosoft WordOil And GasOrganizerPlannerProblem SolverTeam PlayerTransportation Diploma In Accounting

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Advanced

: Advanced

: Advanced

: Advanced

Tools and Technologies

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

Microsoft PowerPoint

Microsoft PowerPoint

: Expert

: Extreme - I love it!

:

More than 7 years

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Outlook

Microsoft Outlook

: Expert

: 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

Business Planning

Business Planning

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Leader, Planner, Organizer, Problem Solver, Team Player

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