Basic Info

Wael Abouzeid

More than 15 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Accounts Payable Manager at Etisalat Misr

Experience Details

Accounts Payable Manager

Accounting/Finance

Manager

N/A


Company Details

Etisalat Misr (multinational)

Cairo, Egypt

More than 1000 employees

Telecommunications

N/A

May 2016 to present (1 year 7 months)
Fixed Assets Manager at Etisalat Misr

Experience Details

Fixed Assets Manager

Accounting/Finance

Manager

- Main Duties & Responsibilities:
• Manage and control Etisalat Misr Fixed Assets which is around 15 billion EGP to make sure its proper handling.
• Prescribe the accounting treatment for owned assets.
• Ensure adequate policies are in place with respect to procurement, approval, receipt, recording and capitalization of assets.
• Ensure that sale / disposal or write off of assets are duly authorized and are recorded completely and accurately.
• Ensure that the Etisalat Misr applies fair and consistent depreciation policy for the assets.
• Define the management policy with respect to safeguarding of assets.
• Tender Evaluation & reviewing new LOI’s, LOA's and contracts related to Fixed Assets.
• Request and validate access on oracle for the FA team as per need.
• Reviewing new PO’s to be approved on Oracle.
• Review closing entries made by subordinates and handling audit requirements.
• Post mass additions to FA module and run depreciation.
• Reviewing monthly backup related to Fixed Assets accounts.
• Prepare annual physical count instructions and follow up for physical count variances and justifications.
• Prepare cash projection for major Fixed Assets suppliers.


Company Details

Etisalat Misr (multinational)

Cairo, Egypt

More than 1000 employees

Telecommunications

www.etisalat.com

Jun 2008 to May 2016 (7 years 11 months)
Principal Accountant (Finance Dept. - Consolidation & Reporting Division) at The Egyptian Company for Mobile Services “Mobinil“

Experience Details

Principal Accountant (Finance Dept. - Consolidation & Reporting Division)

Accounting/Finance

Experienced (Non-Manager)

- Main Duties & Responsibilities:
• Prepare monthly consolidated financial statements for ECMS and Mobinil Telecom.
• Consolidate the different performance reports received from other finance functions.
• Assist in reviewing the backups needed for the monthly financial statement.
• Prepare part of the financial reports required for auditing purpose.
• Prepare reconciliation and accruals for some accounts before monthly closing.
• Analyze financial data & figures and check discrepancies.
• Review closing entries made by subordinates and handling audit requirements.
• Review the input provided by other finance functions into the financial statement.
• Prepare & Report the financial statements as per Shareholders standards & Mapping.
• Applying Sarbanes-Oxley (SOX) internal controls to the financial structure of the company, and introducing these controls to my division.


Company Details

The Egyptian Company for Mobile Services “Mobinil“ (multinational)

Cairo, Egypt

N/A

Telecommunications

www.mobinil.com

Aug 2005 to Jun 2008 (2 years 10 months)
Accountant (AP, Costing, Audit & Reporting) at Mohamed Abdelmohsin Kharafi & Sons “MAK“

Experience Details

Accountant (AP, Costing, Audit & Reporting)

Accounting/Finance

Experienced (Non-Manager)

- Main Duties & Responsibilities:
• Tracking all the purchase orders related to inventory.
• Prepare J.V. for all transactions related to receiving goods.
• Calculate the average cost of each item of inventory.
• Responsible for reconciliation of supplier statements with company records, coordinating with supplier on adjustment, liaising the same with my manager and finally making the supplier payments.
• Review the charges related to custom duties, port landing, clearing & transportation.
• Preparation of bank payment vouchers and cash payment vouchers.
• Review of bank accounts and preparation of bank reconciliation statements.
• Prepare the advices for H.Q. or our subsidiary companies.
• Prepare monthly financial report for two subsidiary companies.
• Preparation of monthly analysis of accounts receivables and accounts payables.
• Assisting in the month end closing which includes reviewing the journal vouchers with data entry on the system.


Company Details

Mohamed Abdelmohsin Kharafi & Sons “MAK“ (multinational)

Kuwait

N/A

Engineering Services, Business Supplies and Equipment , Business Services - Other

N/A

Jun 2004 to Aug 2005 (1 year 2 months)
Junior Accountant (Inventory, AP, Costing& Expenses) at The Egyptian Company for Mobile Services “Mobinil“

Experience Details

Junior Accountant (Inventory, AP, Costing& Expenses)

Accounting/Finance

Entry Level

- Main Duties & Responsibilities:
• Collect the entire document related to inventory.
• Tracking all the purchase order related to inventory.
• Update database with all documents to determine the daily inventory balance in all location.
• Received all the invoices related to inventory and update it on invoice register.
• Prepare J.V & P.V on oracle related to inventory.
• Calculate the average cost of each item of inventory.
• Prepare & records the monthly entry for Cost of sales.
• Prepare the break down for inventory balance with fully back up.
• Prepare the stock coverage report and inventory analysis.
• Prepare monthly required reports such as inventory purchasing, inventory out, stock coverage & inventory balance.
• Establishing procedures and process for new project related to inventory.
• Compare the actual stock issued according to (LCS) with the actual qty. records on revenue dept. according to (CAR).
• Prepare for the annual physical count.
• Prepare the expenses vouchers & entries related to rent and electricity.


Company Details

The Egyptian Company for Mobile Services “Mobinil“ (multinational)

Cairo, Egypt

More then 1000 employees

Telecommunications

www.mobinil.com

Feb 2000 to Jun 2004 (4 years 4 months)

Achievements


- Achievements:
• Build ERP system for Fixed Assets Register per each assets and locations.
• Build Assets Tracking System (ATS) for IT assets items.
• Establishing Financial Accounting process / procedures/ policies related to Fixed Assets.
• Assist in creating new automated solutions.
• Build Capital Commitment register.
• Assist in building Technical warehouses.
• Capitalization of interest & salaries related to sites under construction.


- Achievements:
• Create new automated reports to meet other finance divisions’ requirements through ADI.
• Facilitating Mobinil financial accounts mapping to meet shareholders packages.


- Achievements:
• Reducing the variances related to the annual physical count.
• Getting the LCS for most locations equal the physical count with serials.
• Create some reports that help the other channels (Example: Inventory Balances report).
• Monthly reconciliation for Distributors & Shops issuance between CAR & LCS.



Education

Bachelor's Degree in Faculty of Commerce

Education Details

Bachelor's Degree

Faculty of Commerce

Ain Shams University, Egypt

Not specified

Accounting Economics Adminstration

N/A

Ain Shams University
1996 - 1999
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Nokrashy Military School

Egypt

1996

B / Very Good / 75 - 85%

N/A

Nokrashy Military School
1996

Training and Courses

Training/Course Details

IFRS

Jan 2014

Price Waterhouse

N/A

This profile is fresh!
Last update 19 days ago.

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Profile Skills and Keywords

Ability To Maintain Accuracy On All WorkAccountant (AP, Costing, Audit & Reporting)AccountingAccounts Payable ManagerAdmirable Experience In Supervising Accounting ActivitiesAnalyticalArabicBusiness Services - OtherBusiness Supplies And EquipmentBusiness-orientedEngineering ServicesEnglishEtisalat MisrFaculty Of CommerceFinanceFixed Assets ManagerFrenchHard WorkerIFRSInnovativeInsuranceJunior Accountant (Inventory, AP, Costing& Expenses)Microsoft ExcelMohamed Abdelmohsin Kharafi & Sons MAKOperational Knowledge Of Microsoft Office ApplicationsOracleOrganizerPrincipal Accountant (Finance Dept. - Consolidation & Reporting Division)TelecommunicationsThe Egyptian Company For Mobile Services MobinilThorough Knowledge Of Accounting Systems

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Advanced

: Advanced

French

French

: Beginner

: Beginner

: Beginner

: Beginner

Tools and Technologies

Microsoft Excel

Microsoft Excel

: Advanced

: High

:

More than 7 years

Oracle

Oracle

: Advanced

: High

:

More than 7 years

Fields of Expertise

Admirable experience in supervising accounting activities

Admirable experience in supervising accounting activities

: Advanced

: High

:

More than 7 years

Operational knowledge of Microsoft Office Applications

Operational knowledge of Microsoft Office Applications

: Advanced

: High

:

More than 7 years

Thorough knowledge of accounting systems

Thorough knowledge of accounting systems

: Advanced

: High

:

More than 7 years

Ability to maintain accuracy on all work

Ability to maintain accuracy on all work

: Advanced

: High

:

More than 7 years

Key Skills

Analytical, Business-oriented, Hard worker, Organizer, Innovative

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