Ragy Mohamed Sabry

SDX / Petro Disouq (JV) Accounting ManagerFull Time

• Job Details:-Budgeting and Planning:  Prepare annual budgets for SDX and Petro Disouq (JV) operations, including related annual reports.  Participate in the preparation of financial data for Operating Committee Meetings (OCM) with joint venture partners.  Manage capital assets and control costs for projects within SDX and Petro Disouq (JV). -Financial Reporting:  Prepare monthly performance reports (MPRs).  Analyze and approve monthly and quarterly expenditures.  Review balance sheets and income statements, and related support documents.  Review and verify monthly, quarterly, and annual tax reports.  Provide financial analysis and recommendations to senior management on JV performance.  Ensure compliance with Egyptian tax laws, JV accounting policies, and all other applicable regulations. -Monthly Financial Closing:  Supervise the monthly financial closing process.  Ensure timely preparation of all required reconciliations in accordance with policy.  Oversee the work of the Petro Disouq (JV) finance team, including goal setting, performance monitoring, and coaching/training.  Review and approve the financial aspects of the Petro Disouq (JV) in accordance with approvals. -Others:  Serve as a liaison between the joint operating company and government agencies to drive business initiatives, growth, strategy, and profitability.  Lead accounting systems implementations (SAP, Sun, IDEAS, Fusion HFM).  Participate in M&A activities and valuations at an international level and Finalize company acquisitions (from due diligence to closing).  Set up new companies (funding, procedures, accounting system, taxation).  Lead the achievement of team metrics and monitor adherence to agreed targets. -Achievements:  Operated the Petro Disouq (JV) with the lowest cost.  Minimized the Petro Disouq (JV) expenditure by more than 75%.  Analyzed financial payback and strategic fit of projects and provided independent and objective assessment for further evaluation.  Produced management reports and ad hoc analysis for senior management to support strategic decision making

Financial Reporting ManagerFull Time

• Job Details:• Prepare SDX annual budget. • Prepare EGAS annual budget. • Prepare financial data for OCM meeting. • Capital asset management and control for the project. Contact Mobile: +20100-210-3048 @: ragysabry80@gmail.com : eg.linkedin.com/in/ragysabry/ • Contributing to longer-term planning, strategy and project appraisal processes. Financial Reporting: • Prepare Monthly Performance Report “MPR”. • Prepare monthly and quarterly expenditures analysis. • Review Balance Sheet and Income Statement Analysis and its related support documents. • Review and verify the monthly, quarterly, and annual tax reports. Monthly Financial Closing: • Supervisor of the monthly closing process. • Ensure all required reconciliations are prepared timely and as per policy. Miscellaneous: • Financial lead in accounting systems implementations (SAP, Sun, IDEAS, Fusion HFM). • Experience of M&A activities, evaluations at international level. • Finalization of a company acquisition (from the due diligence to the closing process). • Setting up of new companies (funding, procedures, accounting system, taxation). • Deep knowledge of upstream agreements and industry KPIs. • Provide technical IFRS support to the business on all financial accounting matters. • Work with all stakeholders to maintain high levels of service quality and efficiency. • Continuously provide information to the senior management regarding KPIs, projects, initiatives, etc. • Lead the achievement of metrics and monitor and adherence to agreed targets specified for the team. • Continuously monitor performance against objectives to ensure that that identified metric targets are achieved. • Provide on the job training and guidance to the team members to optimize their performance, including monitoring workloads to ensure timely completion of activities and equal distribution of work among team members. • Resolve all business unit requests, questions and issues in a timely and professional manner. • Economic analysis of oil &gas Petroleum agreements.

Head of Accounting and Financial ReportingFull Time

• Job Details:• Controlling, supervising all different work aspects i.e. cost control, accounts payable, accounts receivable and GL supervising •Supervise/Prepare (if needed), reconcile and manage all intercompany transactions between TransGlobe Egypt and the Group or other subsidiaries. • Supervise / Prepare (if needed) cash call to tranGlobe Calgary on a monthly basis. • Ensure expenses are defined within the allocated budget. • Review the handling of the payments in accordance with the company s’ cash situation and business. • Follow up on preparation of monthly bank reconciliation. • Responsible of the monthly, quarterly and annual closing - (SUN). • Manages monthly closing of financial records and posting of month, quarter and annual end information. • Approves all records, entry vouchers, forms and other prints. Delegation of tasks among accountants to effectively achieve financial objectives. • Submission of reports and comparative analysis of data as per needs and check all financial reports prepared like PMM (Performance Management Meeting Report), BS Report, Income Statement Report, G&A analysis Report and OPEX analysis Report. • Manages monthly, quarterly financial analysis reports. • Prepare regular reports including Monthly Management reports • Review salary taxes for the nationals and the expatriates’ staff. • Review & manage /Prepare (If needed) all pre-payments and its related amortization. •Review & manage /Prepare (If needed) cost charges, according to concession agreement terms & accounting procedures. • Prepare and manage accrual (G&A - Capex) & provision accounts. • Ensure expenses are defined within the allocated budgets • Updating and maintaining the mapping table and the JIB procedures between the JV's accounting system and SUN system. • Prepare the cost recovery and expenditure recovery and ensures accuracy of it. • Coordinating and dealing with the internal auditors and EGPC , Deloitte and Sonara auditors.