Basem Tawakol
Chief Accountant
Summary
Resourceful Accounting professional with 16 years of experience in audit preparation and reporting. Seasoned Accountant bringing more than 16 years of experience directing accounting systems for diverse business groups. Industrious and cost-conscious with excellent project management abilities. Advanced understanding of industry standards and accounting laws. Knowledgeable senior accounting professional offering 2 years of experience in financial operations. Strategic business leader, communicator and people manager. Talented Senior Accountant highly effective at solving routine and critical issues across all operational levels. Specialize in constructions accounting. Seasoned auditing professional knowledgeable about risk aversion strategies, cost reduction options and financial processes. Decisive and persuasive communicator with proven problem-solving, leadership and planning abilities. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.
Overview
17
17
years of professional experience
Work History
Chief Accountant
Constrade Holding
07.2022 - Current
- Drafted variance reports, regulatory filings, and related schedules.
- Assisted team members in transitioning to new system through extensive training and one-on-one support.
- Evaluated potential investment opportunities by conducting thorough due diligence activities including analyzing historical performance data, industry trends, and market conditions.
- Played an instrumental role during corporate restructuring periods; assisting in the identification, evaluation and execution of cost optimization measures that directly impacted company''s bottom line.
- Protected company assets through meticulous tracking of fixed assets, depreciation schedules, and inventory valuations.
- Provided journal entries and performed accounting on accrual basis.
- Kept up-to-date with tax changes and industry trends by participating in professional organizations, opportunities, and networks.
- Supported mergers and acquisitions activities by participating in due diligence processes, assessing target companies'' financial health, identifying synergies, risks or areas for improvement post-integration into existing operations.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Offered advice and direction to help clients better understand financial goals.
- Prepared accounts for industry audits and supported audit process.
- Safeguarded company''s financial health by implementing robust internal controls and risk mitigation measures across various departments.
- Completed year-end closing processes with controllers and external auditors.
- Wrote financial statements and consolidations after reconciling general ledger accounts.
- Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
- Reviewed business operations and obligations to help organization function at acceptable level.
- Reviewed documents and accounts for discrepancies and resolved variances.
Accountant
MBC For General Constructions
09.2011 - 06.2022
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Assisted in the development of financial forecasts based on historical trends and current market conditions, supporting strategic planning initiatives within the organization.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Prepared and filed tax forms to meet needs of customers.
- responsible for the procurement of the necessary work sites of projects at the level of Greater Cairo sector (16 projects)
Accountant
Gila-AlTawakol Electric
07.2007 - 08.2011
- Conducted technical and analytical reviews of tax returns to check for accuracy and qualified deductions.
- Assisted in the development of financial forecasts based on historical trends and current market conditions, supporting strategic planning initiatives within the organization.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Prepared and filed tax forms to meet needs of customers.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Used accounting software to issue tax returns and prepare consolidated reports.
- Enhanced profitability by identifying opportunities for revenue growth through detailed analysis of customer sales data.
Education
THE FINANCIAL MANAGER WORKSHOP - Financial Analysis
Rising Star Financial Services
Cairo, Egypt 04.2001 -
Bachelor of Science - Accounting
Cairo University
Cairo, Egypt 04.2001 -
Skills
- Financial Recordkeeping
- Accounts Payable and Receivable
- Full-cycle accounting
- Regulatory Compliance
- Financial Statements
- Month-end close
- Excel
- Data Integrity
- General Ledger Management
- Financial Reporting
- Monthly Financial Statements
- General Ledger
- Payroll Processing
- Corporate Compliance
- Cost accounting
Timeline
Chief Accountant
Constrade Holding
07.2022 - Current
Accountant
MBC For General Constructions
09.2011 - 06.2022
Accountant
Gila-AlTawakol Electric
07.2007 - 08.2011
THE FINANCIAL MANAGER WORKSHOP - Financial Analysis
Rising Star Financial Services
04.2001 -
Bachelor of Science - Accounting
Cairo University
04.2001 -
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