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Tarek Yousef Saad

Finance Manager

Agouza, Giza, Egypt

Work Experience

  • Finance ManagerFull Time

    KBR Inc.

    Jun 2019 - Present -6 yrs

    Iraq , Basrah

    • Job Details:Finance Manager
  • Finance ManagerFull Time

    Star oil Operating Company

    Dec 2013 - Dec 2018 -5 yrs

    Sudan , Khartoum

    • Job Details:Ensure efficient and effective management of the Company’s finance and smooth functioning of the Finance division Functional head with accountability for setting the strategy and driving the delivery of the daily operation of the company’s Finance activities, including treasury, budgeting, auditing, tax, accounting, capital purchasing, risk management, long-term forecasting and insurance activities. Deliver recommendations relating to financial and tax considerations of investments, as well as other business transactions. Equitable sharing and timely recovery of expenditures from partners and vice versa. Insure a timely and accurate fund requirement to meet business obligations. Oversee the company’s accounting systems and procedures, and ensure they are up-to-date and in compliance with all applicable statutory and regulatory requirements. Manage the recovery and sharing of expenditures and accounting of revenue within the requirement of EPSA, JV agreement and any other agreement so as to safeguard Company interest in these ventures. Manage the monthly reporting of expenditure, timely and accuracy of figures reported as well as insuring an accurate entitlement and Lifting among the parties. Financial management, including the preparation, issue and filing of quarterly and annual audited financial statements and reports. Establish and maintain contact with auditors, actuaries, financial institutions, government agencies, joint venture partners and counterparts. Ensure sound accounting policies and practices are developed and applied consistently across the business Manage and develop accounting and reporting systems (unique Upstream JVA requirements) Ensure an effective control and governance environment is created and embedded within the financial reporting function in line with the Company policy and procedures Establishing and maintaining internal control systems to assure segregation of duties, strong controls and compliance with polices and safeguard of assets Preparing in conjunction with other departments the overall company budgets and forecast assuring accuracy and achieving overall company strategic goals Develop an effective and motivated team; make sure it is well-organized and appropriately staffed and skilled.
  • Accounting ManagerFull Time

    Pico Internationl Petroleum

    Jul 2013 - Dec 2013 -5 months

    Egypt , Cairo

    • Job Details: Responsible for managing the company’s accounting systems and financial reporting requirements and responsible for the maintenance and evaluation of accounting systems as well as making recommendations to the company’s top management. Meets accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling expenditures; analyzing variances; initiating corrective actions. Confirms financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and evaluation of financial data; preparing special reports. Maintains accounting controls by establishing a chart of accounts; defining accounting policies and procedures. Supervise the accounting staff to ensure that daily tasks are carried out efficiently Carry out the annual audit along with finalizing of the financial statements of the company. Manage and supervise daily operation of accounts payable, accounts receivable, JV transactions, general ledger, pay roll, etc.
  • Chief AccountantFull Time

    Cequens

    Jan 2008 - Aug 2012 -4 yrs, 7 months

    Egypt , Cairo

    • Job Details:Full responsibility for Month End closings including supporting documentation for monthly recurring and adjusting journal entries. Performing posting of expenses or other transactions to journals or ledgers, verifying accuracy and compliance with state, local and corporate policies, regulations and laws. Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports. Performing monthly balance sheet analysis on all balance sheet items. Preparing monthly management reports, including summaries of the department activities and financial and cash positions during the month. Assist with annual budgets – prepares all allocations. Preparing monthly cost control reports, including explanations for any variance between actual and budget figures. Preparing monthly H.Q. cash call, forecasting monthly financial fund needs. Preparing monthly joint interest billing report & partners' cash call for operated joint ventures. Handling all cost recovery issues with EGPC including the preparation of the quarterly cost recovery statements, negotiating to minimize EGPC rejections to the lowest level, following up with all pending issues, attempting to settle these issues and participating in clearance committees with EGPC to clear rejections and solve audit issues. Material control (warehouse control): Handling financial issues regarding reception of the materials, invoices and issuance of the materials, performing a proper reconciliation at the end of each month. 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, reviewing and following up with bank statements, reconciliations and the company's bank position. Computing and analyzing taxes owed and preparing tax returns in relation to the deduction from suppliers ensuring compliance with payment, reporting, and other tax requirements Preparing annual corporate financial package (Balance sheet & Income statement) for both H.Q. reporting and local tax purposes under US GAAP and IFRS. Co-operating with the finance manager to manage and improve company's financial dept. efficiency & effectiveness by improving the accounting system, accounting policies & procedures, and maximizing the output of subordinates, utilizing the teamwork to develop departmental synergy.
  • Education

    • Bachelor's Degree in Accounting

      German University in Cairo (GUC)

      Jan 1995 - Jan 2000 - 5 yr

    • High School - Thanaweya Amma

      Amoun Private School

      Jan 1995 

    Activities

    • Trainee at Bank Misr) credit department

      Volunteering

      Aug 1998 - Oct 1998 -2 months

    Skills

    • Microsoft Excel
    • Accounting
    • Cost recovery
    • Accounting Management
    • Controlling
    • Sun System
    • Budgeting
    • Epicor accounting

    Languages

    • English

      Fluent
    • Arabic

      Fluent

    Training & Certifications

    • Dynergetic People Management

      Quest, Egypt·2011
    • Team Building Workshop

      Aspire, Egypt·2011
    • Exploration & Production Accounting – Level 3

      MDT, London·2009
    • Exploration & Production Accounting – Level 2

      MDT, London·2008
    • Egyptian Income Tax

      Settec, Egypt·2008
    • IELTS

      Cambridge University·2007
    • Financial Accounting & Reporting

      Glomax, Dubai·2007
    • Achievement certificate in business administrationd

      The American University in Cairo·2004
    • Professional certificate in Modern Accounting (MAC)

      The American University in Cair·2003
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