Basic Info

Sherif Rateb

More than 15 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Chief Financial Officer at ZAMZAM Vehicles Company – Erbil branch-Kurdistan

Experience Details

Chief Financial Officer

Accounting/Finance

Manager

• Developing, implementing and maintaining a comprehensive job cost system until the arrival of cars for the Cash pricing as well as installment pricing for cars and diesel.

• Management and control of cash through the use of different methods to track collections of customer installments that are due from customers and dealers as well as the cash flows of the workshops to meet the obligations according to management priorities.

• Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.

• Approve monthly bank reconciliations for different accounts and branches.

• Prepare monthly Trail Balance, financial statements, financial packages, and other informational reports/analysis monthly, quarterly and annual for the cars & diesel agencies and maintenance workshops.

• Responsible for oversight of financial internal controls and coordination of all financial audits.

• Develop and implement the organization's financial goals, supervise the preparation of the annual budget to Provide timely and accurate analysis budgets & focus on the major variances between actual and budget results.

• Control the workshops program to make sure deported service bills and spare parts on different revenue either cash or guarantee revenues and matching all cash, customers, spare parts balances in the system with actual.

• Supervision of all periodic inventory of spare parts stores and cars, diesel stores to make sure that all actual balances are equal to the warehouse program balances
• Monitor and control Installments Department that follow-up auto & diesel monthly collection installments due according to the customer contract, as well as follow up legal action in the case of delay or non-payment of the customer, using financial indicators proportions for unpaid amounts and late periods for the branch level and agents
• Responsibility for the accounts of sister companies and their accounts reconciliations on a monthly basis
• Supervision stock controller of spare parts warehouse for cars & diesel


Company Details

ZAMZAM Vehicles Company – Erbil branch-Kurdistan

Erbil, Iraq

101-500 employees

Automotive

N/A

Jul 2014 to present (2 years 5 months)
Chief Financial Officer at TEVOTECH (Teletech Business Partner)

Experience Details

Chief Financial Officer

Accounting/Finance

Manager

• Strategies in developing appropriate pricing Policies and Structures.
• Guide the corporation on decisions in the area of capital structure, financing mix, financial leverage, debt equity ratio etc in order to maximize the shareholders wealth and the overall value of the corporation provide strategic inputs on revenue and capital budgeting. Review the plans and put up to the board for consideration and approvals.
• Plan and implement best practices in Financial Systems and Business Performance Parameters
• Ensure alignment of financial targets with Business Performance Parameters
• Supervise and oversee the preparation of monthly, half-yearly and annual accounts statements through providing inputs to subordinates and interfacing with the Auditors to provide any information required
• Analyze MIS reports, financials (such as quick look statements on cash flow, funds flow, profit and loss and financial aspects of balance sheet, project wise financials) on a monthly, quarterly and yearly basis and suggest remedial measures for improvement to the management
• Prepare and Finalize the accounting cycle & chart of account for the company.
• Create accounting documents cycles, and documents design
• Monitoring all trial balance accounts before and after monthly closing (Accruals, Prepaid Expenses, Advances, Employees’ receivables, clients, vendors and Suppliers).
• Monitoring accounts receivable dues and accounts payable dues.
• Monitoring cash and bank accounts & review and supervise bank Reconciliations in a timely manner.
• Maintain local banking relationships including negotiating facilities agreements and ensuring that such activities are carried out with planned time frame and in context with general financial plans, targets and interest.
• Distribute of indirect costs on projects to analysis the profit & losses on each project.
• Review and approve of journal entries, trial balance, Financial Statement, all Financial Information prepared by the Accounting Department.
• Dealing with people at all levels within (Employees, Accountants) or outside of the organization (Banks, External Auditors, Tax, Customers, Suppliers
• Follow Customer contracts & Program Management to confirm the Customer retainge collection
• Ensure financial records are maintained in compliance with accepted Policies and Procedures
• Ensure accurate and appropriate recording and analysis of Revenues and Expenses.
• Operate the clothing of working in progress account in the COGS to ensure accurate results of the actual cost for the projects.
• Financial Audit preparation and Coordinate the Audit process.
• Reviews accounting documents to ensure accuracy of information and calculations and makes or directs correcting entries.
• Handling all Shareholders current accounts.
• Following LG of customers and suppliers & issuing and releasing letters of grantee (LGs need to refund / Follow extended dates of LGs / Follow deduction of adv. LGs).
• Review customers LC conditions & confirm with the customer on which bank the customer will open the LC on upon the facility limits & conditions.
• Handling the finance of the new projects upon the business case & facilities of banks.
• Follow up the release of projects penalties through coordinate between Technical
& Customer.
• Follow up the percentage of completion for the projects.
• Follow up all kind of cash out return (Refundable Deposits, Imprests, Employees Due, Advances to suppliers).


Company Details

TEVOTECH (Teletech Business Partner)

Cairo, Egypt

51-100 employees

Telecommunications

N/A

Feb 2010 to Jun 2014 (4 years 4 months)
Accouting Manager at TELETECH (Alcatel-Lucent Business Partner)

Experience Details

Accouting Manager

Accounting/Finance

Manager

• Strategies in developing appropriate pricing Policies and Structures.
• Guide the corporation on decisions in the area of capital structure, financing mix, financial leverage, debt equity ratio etc in order to maximize the shareholders wealth and the overall value of the corporation provide strategic inputs on revenue and capital budgeting. Review the plans and put up to the board for consideration and approvals.
• Plan and implement best practices in Financial Systems and Business Performance Parameters
• Ensure alignment of financial targets with Business Performance Parameters
• Supervise and oversee the preparation of monthly, half-yearly and annual accounts statements through providing inputs to subordinates and interfacing with the Auditors to provide any information required
• Analyze MIS reports, financials (such as quick look statements on cash flow, funds flow, profit and loss and financial aspects of balance sheet, project wise financials) on a monthly, quarterly and yearly basis and suggest remedial measures for improvement to the management
• Prepare and Finalize the accounting cycle & chart of account for the company.
• Create accounting documents cycles, and documents design
• Monitoring all trial balance accounts before and after monthly closing (Accruals, Prepaid Expenses, Advances, Employees’ receivables, clients, vendors and Suppliers).
• Monitoring accounts receivable dues and accounts payable dues.
• Monitoring cash and bank accounts & review and supervise bank Reconciliations in a timely manner.
• Maintain local banking relationships including negotiating facilities agreements and ensuring that such activities are carried out with planned time frame and in context with general financial plans, targets and interest.
• Distribute of indirect costs on projects to analysis the profit & losses on each project.
• Review and approve of journal entries, trial balance, Financial Statement, all Financial Information prepared by the Accounting Department.
• Dealing with people at all levels within (Employees, Accountants) or outside of the organization (Banks, External Auditors, Tax, Customers, Suppliers
• Follow Customer contracts & Program Management to confirm the Customer retainge collection
• Ensure financial records are maintained in compliance with accepted Policies and Procedures
• Ensure accurate and appropriate recording and analysis of Revenues and Expenses.
• Operate the clothing of working in progress account in the COGS to ensure accurate results of the actual cost for the projects.
• Financial Audit preparation and Coordinate the Audit process.
• Reviews accounting documents to ensure accuracy of information and calculations and makes or directs correcting entries.
• Handling all Shareholders current accounts.
• Following LG of customers and suppliers & issuing and releasing letters of grantee (LGs need to refund / Follow extended dates of LGs / Follow deduction of adv. LGs).
• Review customers LC conditions & confirm with the customer on which bank the customer will open the LC on upon the facility limits & conditions.
• Handling the finance of the new projects upon the business case & facilities of banks.
• Follow up the release of projects penalties through coordinate between Technical
& Customer.
• Follow up the percentage of completion for the projects.
• Follow up all kind of cash out return (Refundable Deposits, Imprests, Employees Due, Advances to suppliers).


Company Details

TELETECH (Alcatel-Lucent Business Partner)

Cairo, Egypt

51-100 employees

Telecommunications

N/A

Aug 2003 to Jan 2010 (6 years 5 months)
Head of Cost & Budgeting Department at Egyptian Garments in corporation factories

Experience Details

Head of Cost & Budgeting Department

Accounting/Finance

Manager

• Responsible for preparing Actual & Planning cost & variances
• Responsible for Budgeting the Direct & Indirect Cost & Their follow up
• Responsible for Stock Controller review & linking the Stock Accounts with the Accounting System
• Preparing Schedule Reports by using Microsoft Project Program
• Sharing in Financial Analysis Reports


Company Details

Egyptian Garments in corporation factories

Cairo, Egypt

101-500 employees

Textile and Clothing

N/A

Aug 2001 to Jul 2003 (1 year 11 months)
Cost engineer in the Project Control Deptartment at Lucent Technologies

Experience Details

Cost engineer in the Project Control Deptartment

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Responsible for all kind of cost control for the projects (Revenue & Cost reports)
• Preparing IXO (Internal Execution Order) platform for all new projects


Company Details

Lucent Technologies (multinational)

Cairo, Egypt

101-500 employees

Telecommunications

N/A

Apr 2000 to Jul 2001 (1 year 3 months)
Senior Accountant at HARF” S.W (BRANCH OF SAKHR S.W)

Experience Details

Senior Accountant

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Responsible for all kind of accounting work:
o Accounts receivables/Accounts Payables/ Cash Save/Bank
o Reconciliation/Payroll/Imprests settlement/Branches
o Accounts/Tax/Projects Expenses/Trail Balance/Profit & Losses/Balance Sheet


Company Details

HARF” S.W (BRANCH OF SAKHR S.W)

Cairo, Egypt

101-500 employees

Computer Software

N/A

Sep 1998 to Mar 2000 (1 year 6 months)
Head of the Dept. of Central cost at Egyptian Garments in corporation factories

Experience Details

Head of the Dept. of Central cost

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Stock Controller: Controlling Quantity and evaluation of the stock
• Preparing Budgets & Cash flew
• Preparing all types of cost analysis
• Determine the efficient rate on which the indirect cost is distributed
• Preparing the estimated and actual cost lists
• Evaluating the profit and loss of different products


Company Details

Egyptian Garments in corporation factories

Cairo, Egypt

101-500 employees

Textile and Clothing

N/A

Jan 1998 to Aug 1998 (7 months)
Accountant at Golden Mask Association

Experience Details

Accountant

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Accountancy
o Sharing in the design of the accounting cycle of the association
o Recording in the journal, transfer accounts to the ledgers and preparing the trial balance
o Preparing the balance sheets of the association

• Costs
o Preparing of actual cost list
o Sharing in the planning balance
o Preparing the reports and financial analysis
• Import & Export
o Preparing of different documents needed for export & import process
o Preparing deductions used in the drawback system


Company Details

Golden Mask Association

Cairo, Egypt

101-500 employees

Textile and Clothing

N/A

Apr 1996 to Dec 1997 (1 year 8 months)
Accountant at Dr. A. M. Hegazy & Co. Accountants & Management Consultants

Experience Details

Accountant

Accounting/Finance

Entry Level

• Auditing accounts and balance sheets of different banks and companies
• Sharing in the design of financial and cost systems for different companies


Company Details

Dr. A. M. Hegazy & Co. Accountants & Management Consultants

Cairo, Egypt

51-100 employees

Accounting and Auditing Services

N/A

Sep 1995 to Mar 1996 (6 months)

Achievements


• I had create chart of account, Activate new accounting software package, initiate financial control precedes, create financial forms


• I managed to establish a unified costing system for three factories, and distribute indirect costs on the final products of each factory, and developing new methods to load indirect cost on the final product and distribute the common expenses


• I managed to establish a unified costing system for three factories, and distribute indirect costs on the final products of each factory, and developing new methods to load indirect cost on the final product and distribute the common expenses


there was 18 months of financial documents, I collect and organize data, implement the chart of account, create a daily journal and create the financial statements within 2 months.


• In more than company I worked to I had create chart of account, Activate new accounting software package, initiate financial control precedes, create financial forms. • I managed to establish a unified costing system for three factories, and distribute indirect costs on the final products of each factory, and developing new methods to load indirect cost on the final product and distribute the common expenses.

Education

Bachelor's Degree in Accountant

Education Details

Bachelor's Degree

Accountant

Faculty of Commerce, Ain Shams University, Egypt

C / Good / 65 - 75%

N/A

N/A

Faculty of Commerce, Ain Shams University
1989 - 1995
High School - American diploma

High School Details

American diploma

T.C Williams High School

United States

1989

A / Excellent / 85 -100%

N/A

T.C Williams High School
1989

Certifications

Certificate details

Financial Analysis & Budgeting

Mar 2003

100 out of 100

N/A

N/A

CENTER FOR MANAGEMENT DEVELOPMENT

N/A

Training and Courses

Training/Course Details

Program Management

May 2000

Lucent

N/A

Training/Course Details

Credit Control Program

Jun 2002

International Center for Etudes

N/A

Training/Course Details

CMA Part3

Aug 2010

American University

N/A

This profile is fresh!
Last update 11 days ago.

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Profile Skills and Keywords

AccountantAccountingAccounting And Auditing ServicesAccouting ManagerAnalyticalArabicAutomotiveBusiness PlanningCMA Part3Chief Financial OfficerComputer SoftwareCost Engineer In The Project Control DeptartmentCostingCreate New IdeasCreativeCredit Control ProgramEnglishFinanceFinancial AnalysisFinancial Analysis & BudgetingFinancial Soft WareHard WorkerHead Of Cost & Budgeting DepartmentHead Of The Dept. Of Central CostInsuranceLeaderListen To Super Slow MusicLucent TechnologiesMicrosoft ExcelMicrosoft OfficeMicrosoft WordOrganizerProgram ManagementProject ManagementReading In My FeildSenior AccountantTelecommunicationsTextile And Clothing

Self-assesed Skills

Languages

English

English

: Advanced

: Advanced

: Advanced

: Advanced

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Excel

Microsoft Excel

: Advanced

: Extreme - I love it!

:

More than 7 years

Microsoft Word

Microsoft Word

: Advanced

: High

:

More than 7 years

Microsoft Office

Microsoft Office

: Advanced

: High

:

More than 7 years

Business Planning

Business Planning

: Advanced

: Extreme - I love it!

:

More than 7 years

Project Management

Project Management

: Advanced

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Costing

Costing

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Analysis

Financial Analysis

: Advanced

: Extreme - I love it!

:

More than 7 years

Financial Soft Ware

Financial Soft Ware

: Advanced

: High

:

More than 7 years

Key Skills

Analytical, Leader, Hard worker, Creative, Organizer

Online Presence

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