Basic Info

Tamer Gad

More than 15 years

6 October, Egypt

Bachelor's Degree

Experienced

Work Experience

Chief Accounting at Kharafi National KSC

Experience Details

Chief Accounting

Accounting/Finance, Banking

Experienced (Non-Manager)

Chief Accountant – Kharafi National KSC (closed), Kuwait (Mar/2008 – Present)
Key Responsibilities
• Financial Reporting:
- Monitor the overall accounting activities of the company to ensure the accurate and timely recording.
- In charge of the financial accounting function by preparing financial reports that included Income Statements, Balance Sheets, Statements of Retained Earnings, and Cash Flow Statements in accordance with IFRS.
- Liaise with the Group’s External Auditors on an on-going basis and review and approve the draft financial statements for company multicurrency subsidiaries.
- Working with external parties on Financial Due Diligence tasks for the Group subsidiaries.
• Group Consolidations:
- Working with financial managers of group subsidiaries to develop consolidated financial statements.
- Receiving and assimilating reporting packs from all subsidiaries to produce aggregate balances on a line-by-line basis.
- Preparing inter-corporate eliminations of the consolidation process.
- Reconcile differences between subsidiary and corporate balances.
• Accounting Information System:
- Ensure that all financial data produced by the ERP is accurate and dependable.
- Supervising new ERP implementations by reviewing the accounting treatment, designing the accounting chart and testing the results to control the accounting cycle.
- Managing the ERP Consolidation Module to maintain controls over period closing and chart changes.
• Budgeting and Internal Control:
- Developing, adapting and improving information systems for use by directors and budget holders.
- Manage the budgetary control processes to reduce the cost within finance department.
- Review and develop improvements for internal control, financial policies and procedures.
- Establish the Group’s financial Key Performance Indicators (KPIs).
• Financial Analysis:
- Reviewing the receivables aging report to ensure timely credit control over customers to expedite collections.
- Reviewing the payables aging report on a regular basis to ensure payments balances are not over-due; and negotiate credit and payment terms with suppliers, contractors, and subcontractors.
• Other Duties:
- To select, train, direct, and mentor the necessary accounting staff to ensure smooth functioning of the finance department in accordance with company procedures, policies and accounting systems.
- Coordinate inter-department reviews done by senior accountants over other department members.


Senior Accountant – Kharafi National KSC (closed), Kuwait (Jul /2004 – Mar/2008)
Key Responsibilities
• Monitoring work in progress by follow up on sub-contractors’ accounts on monthly basis and preparing adjustment JV's.
• Managing sub-contractors agreements, processing payments as per agreement terms.
• Preparing analysis for sub-contractors, tax retentions and advance payments on a monthly basis.
• Follow up suppliers and creditors accounts with the A/P team.
• Implement and coordinate with ERP (MIS) programmers for the customization of the accounting system as per the organization requirements including work flow hierarchy.
• Generating new reports as per top management request.
• Preparing a bank position on daily basis.
• Open and follow up on LC`s & GIT with banks.
• Auditing bank charges and transactions on bank statements and preparing bank reconciliations on a monthly basis.
• Reviewing and analyzing intercompany transactions and preparing summary reports to management.


Company Details

Kharafi National KSC (multinational)

Kuwait City, Kuwait

More than 1000 employees

Construction - Industrial Facilities and Infrastructure

www.kharafinational.com

Jul 2004 to present (12 years 5 months)
Senior Accountant at ZAMIL STEEL BUILDINGS

Experience Details

Senior Accountant

Accounting/Finance, Banking

Experienced (Non-Manager)

• Issuing journal vouchers for recording financial transactions.
• Preparing cash flow for measuring liquidity on a daily basis.
• Preparing a bank position on a daily basis.
• Preparing bank reconciliations on a monthly basis.
• Open LC`s & IDC`S with banks.
• Audit bank interest and commissions for all bank facilities.


Company Details

ZAMIL STEEL BUILDINGS (multinational)

6 october city, Egypt

N/A

Construction - Industrial Facilities and Infrastructure

N/A

Jul 2002 to Jul 2004 (2 years)
Senior Accountant at PICO MACHINERY CO

Experience Details

Senior Accountant

Accounting/Finance, Banking

Experienced (Non-Manager)

• Preparing monthly budget variance reports presented to the financial manager.
• Following up foreign suppliers’ dues according to the supplier invoices, warranty issues and our monthly store receipts vouchers.
• Preparing Aging Reports for Accounts Receivable on a monthly basis.
• Preparing Financial Reports on a monthly basis including (Income Statement, Balance Sheet, Cash Flow Statement).
• Preparing the Quarterly Analysis Reports including main account analysis, control accounts and notes to the financial statements.


Company Details

PICO MACHINERY CO

Mohandeseen, Egypt

501-1000 employees

Retail

N/A

Aug 1998 to Jun 2002 (3 years 10 months)

Education

Bachelor of Commerce in Finance & Accounting

Education Details

Bachelor of Commerce

Finance & Accounting

Cairo University, Egypt

C / Good / 65 - 75%

N/A

N/A

Cairo University
1994 - 1998
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Orman secondary Languages school

Egypt

1994

B / Very Good / 75 - 85%

N/A

Orman secondary Languages school
1994

Certifications

CertIFR
Dec 2013

Certificate details

CertIFR

Dec 2013

N/A

N/A

N/A

ACCA

N/A

Training and Courses

CMA Part2 at UAC
Feb 2013

Training/Course Details

CMA Part2

Feb 2013

UAC

N/A

This profile is fresh!
Last update 1 days ago.

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Profile Skills and Keywords

AccountingAnalyticalArabicBankingBasket BallCMA Part2Cash Management And BudgetingCertIFRChief AccountingConstruction - Industrial Facilities And InfrastructureCreativeERPERP Oracle.EnglishFinanceFinance & AccountingFinancial Due DiligenceFinancial ManagementGroup ConsolidationHard WorkerIncome Tax InspectionInsuranceKharafi National KSCMicrosoft Office ApplicationsProblem SolverReadingRetailSenior AccountantSupportiveTreasury ManagementZAMIL STEEL BUILDINGS

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

ERP – Oracle.

ERP – Oracle.

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Office applications

Microsoft Office applications

: Advanced

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Income Tax Inspection

Income Tax Inspection

: Expert

: Extreme - I love it!

:

More than 7 years

ERP

ERP

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Management

Financial Management

: Expert

: Extreme - I love it!

:

More than 7 years

Treasury Management

Treasury Management

: Advanced

: Extreme - I love it!

:

5-7 years

Cash Management and Budgeting

Cash Management and Budgeting

: Advanced

: Extreme - I love it!

:

More than 7 years

Microsoft Office applications

Microsoft Office applications

: Advanced

: Extreme - I love it!

:

More than 7 years

Group Consolidation

Group Consolidation

: Advanced

: Extreme - I love it!

:

5-7 years

Financial Due Diligence

Financial Due Diligence

: Intermediate

: Extreme - I love it!

:

Less than 1 year

Key Skills

Analytical, Hard worker, Creative, Problem Solver, Supportive

Online Presence

https://kw.linkedin.com/pub/tamer-gad/78/531/970

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