walid Abd El Mohsen Elsisi

Invest Group Real Estate

• Supervisor Accountant General LedgerFull Time

  Jun 2015 - Present -10 yrs, 1 month

  Egypt , Giza

  • Job Details: June 2015 till Present – Al Futtaim Group Real Estate (Supervisor Accountant GL) Scope of work encompasses using SAP Applications to •Responsible for complete accounting cycle for assigned Al Futtaim companies. (Revenue, Expense, Closing & Reporting). •Maintaining the Chart of Accounts; ensure adequate and proper classification among accounts groups. •Prepare monthly management reports •Manage all SAP transaction entries for both Accounting and Financial Teams. •Supervise the general ledger activities such as posting entries and recording accruals to ensure all financial reporting deadlines are met. •Maintain timely and accurate account reconciliations •Prepare revenue and expenditure variance analysis and capital assets accounting entries. •Prepare Monthly Financial Statements and Balance Sheet Reconciliation. •Prepare Monthly Financial Statements Presentation. •Ensure a clean & timely yearend audit and assist with financial audits, prepare audit schedules and interface with auditors •Ensure that all the financial transactions are properly accounted in the General Ledger and in the correct cost and profit centers. •Responsible to prepare and distribute timely, accurate financial statement and all Analytical reports related and non-related to the financial statements •Preparing Weekly, Monthly, Annually Revenue analysis and reports and comparing the reports with AR System (REFX). •Review AR aging to ensure compliance •Reconcile Inter-Company accounts on monthly basis and submitted intercompany report on monthly basis. •Ensure posting run is complete for all expenses in a timely manner and cumulative monthly provision is revised as required. •Following-up old/new internal audit recommendation to ensure proper application of internal audit instruction in addition to applying governance processes. •Maintains updates all internal accounting policies in compliance with the updated IFRS ensuring consistency of applying such policies. •Handle tasks related to the monthly accounting closing process and accruals/provisions procedures.
• Senior Accountant Account Receivable Full Time

  Mar 2013 - Jun 2015 -2 yrs, 3 months

  Egypt , Giza

  • Job Details:•Ensure that all the financial transactions are properly accounted in the General Ledger. •Review all the paper work for newly reserved units sent from the sales operation. •Reconcile customer accounts on a monthly basis. •Review the outstanding balances (customer checks) & to calculate the late payment interest as per Policy. •Review the list of checks in house showing the bounced, postponed and rescheduled checks and sending them to the CRM. •Report the collection status & the sales volume on a monthly basis. •Prepare the sales report (extract from Master data and Collections file) which as the same time is used as a reconciliation tool to match the GL balances of the accounts receivables and the Trials records. •A/R and N/R discounting for Balance sheet presentation before year end. •Review the balances of PDCs deposited in the bank. •Preparing Challenging payment plans for new releases to help the sales department in their sales process. •Reviewing the cash out schedule & inventing challenging payment plans to cover the cost of construction before handover dates for each project. •Report the collection status & the sales volume on a monthly basis. •Prepare aging report at the end of each month.
• Accountant Account Receivable - Account Payable - General LedgerFull Time

  Mar 2012 - Mar 2013 -1 yr

  Egypt , Giza

  • Job Details:Verification of LPO’s, coding and posting of approved expenses in respective GL Accounts, cost centers and ensure approval per DOA for Opex & Capex. • Ensure approved payments are released per agreed payment terms and all supporting documents are in compliance with Company Policies & Procedures. •Reconciling all the vendors accounts on monthly basis. •Bank Reconciliation and calculate time deposit actual interest and accruals. •Review all invoices for appropriate documentation and approval prior to payment. •Approvals of month end accruals and amortizations. • Verification of monthly utility readings and production / communication of customer’s utilities invoices. •Issuing of contractors and suppliers checks. •Reviewing the contractors' invoices according to the related contracts.