SAP
Elsayed Hammad
Finance Manager
Alexandria,ALX
Summary
Objective Finance leader with +15 years multinational/local experience developed in diverse roles demonstrated success leading financial systems and programs. Knowledgeable about regulatory requirements and successful strategies for maintaining optimal controls. Well-organized, proactive and adaptable to dynamic conditions.
Overview
2
2
Languages
9
9
years of post-secondary education
17
17
years of professional experience
Work History
Finance Manager
Delma Developments
Alexandria, EG
06.2018 - Current
- Reporting to Managing Director, role is hands-on and participative position who looks after overall management of financial operations of organization, and is mainly involved in ensuring that companies’ strategic directions are implemented with right clarity and execution.
- Manage preparation of financial modelling, business plans, Opex/Capex budgets, and ensuring that adequate funding provision is made for all activities.
- Develop and maintains financial accounting systems such as cash management, accounts payable, accounts receivable, credit control, stock management and petty cash.
- Monitored progress and changes of actual compared to forecast and kept senior leadership team abreast of organization’s financial status.
- Supervised and motivated accounting team to accurately perform accounting function including day to day, month-end closing, and accounts reconciliations.
- Ensure that all statutory and tax requirements of organization are met.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared budgets, cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Decreased monthly expenditures by 15% through effectively reviewing documents and identifying problem areas.
Senior Financial Reporting Analyst/Country Controller
Amazon
Alexandria
08.2012 - 03.2018
- Acted as key business partner and active member of Amazon Egypt Leadership team to pursue growth opportunities, by providing timely analysis, insightful guidance, and financial leadership to this high-growth organization.
- Supported and enhanced sound business decisions through management and preparation of monthly, quarterly and year-end financial reports to management in UK in accordance with corporate guidelines and IFRS.
- Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly balance sheet statements.
- Lead annual plan and forecasting process, and analytical review of financial variances of budget versus actual performance, and initiated appropriate strategies to enhance cash positions and maintaining liquidity.
- Managed annual external audit process along with any internal audit reviews, in addition to periodic filling of company tax return.
- Proved successful working within tight deadlines and fast-paced atmosphere.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
Accounting Manager
Elsewedy Electric
Cairo
06.2010 - 08.2012
- Supported Financial Director in driving appropriate control environment in line with group policy and IFRS, and delivered insightful, high-quality financial reporting to key stakeholders.
- Implemented robust controls and ensured that all key processes and controls are documented, with key controls set up to mitigate all significant risks.
- Drafted executive analysis reports highlighting business issues, potential risks, and profit opportunities.
- Effectively managed cash flow forecast and initiated appropriate strategies to enhance cash positions and maintaining liquidity.
- Performed financial analysis, and conducted reviews and evaluations for pricing strategies, cost-reduction opportunities, and sensitivity analysis.
- Improved efficiency and accuracy of projects by monitoring and analyzing monthly operating results against budget.
- Monitored expenditure against approved levels on regular basis and investigates and justifies significant variances to ensure effective performance and cost control.
- Supervised and motivated accounting team to accurately perform accounting function including day to day, month-end closing, and accounts reconciliations.
- Prepared interim, and annual statutory financial statements and supported statutory audit, and filling of tax return.
- Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly balance sheet statements.
- Implemented budget and expense controls and financial policies by analyzing income and expenditures.
- Managed accounting operations, including journal entries, collection efforts, reconciliations and payroll processing.
Supervising Senior Accountant
Al-Othman Holding
Dammam,KSA
05.2007 - 04.2010
- Served as Supervising Senior Accountant handling accounting projects, and delegating assignments to accounting team to accurately perform day to day accounting functions.
- Assisted implementation of robust integrated accounting system resulting in improved productivity, more reliable billing and collections, and enhanced reporting.
- Supported financial and operational duties including general ledger, accounts payable, accounts receivable, fixed assets.
- Supported monthly general ledger closing activities, including preparing journal entries and reconciliations.
- Assisted in preparation of monthly financial reports in compliance with industry legislation, (SOCPA) and Regulatory Guidelines.
- Streamlined requests of external auditors and helped manage flow of information and documentation to audit team.
- Enhanced budget administration by reviewing variance reports, leveraging knowledge to strengthen controls and improve transparency.
- Assisted team members in transitioning from GP to Oracle through extensive training and one-on-one support.
- Reconciled accounts and created documents for month-end closure procedures.
Senior Accountant/Cost Accountant
Dar El-Ashaa Group
Alexandria
06.2003 - 04.2007
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Monitored bank reconciliations, and cash flow on weekly, monthly and quarterly basis.
- Monitored inventory levels by conducting physical counts, and reconciling with data storage system.
- Managed accounts payable and coordinated accurate and timely payment to suppliers.
- Supported monthly general ledger closing activities, including preparing journal entries and reconciliations.
- Completed biweekly payroll and maintained employee records.
- Reviewed budgets, including capital appropriations and operating budgets, and communicated findings to senior management.
- Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
Education
Diploma - International Financial Reporting Standards, IFRS
ACCA
UK 01.2018 - Current
Certified Public Accountant (CPA) - undefined
01.2019 - 05.2019
Postgraduate Diploma - Management Accounting
Alexandria University
09.2004 - 05.2006
Bachelor of Science - Accounting
Alexandria University
Egypt 09.1997 - 05.2001
Skills
Strategic and financial planning
Budget forecasting
Cost control and reduction
Financial analysis and reporting
Financial Modelling
Internal Control
Process implementation
Software
Oracle
Hyperion
MS Dynamics
Timeline
Certified Public Accountant (CPA) - undefined
01.2019 - 05.2019
Finance Manager
Delma Developments
06.2018 - Current
Diploma - International Financial Reporting Standards, IFRS
ACCA
01.2018 - Current
Senior Financial Reporting Analyst/Country Controller
Amazon
08.2012 - 03.2018
Accounting Manager
Elsewedy Electric
06.2010 - 08.2012
Supervising Senior Accountant
Al-Othman Holding
05.2007 - 04.2010
Postgraduate Diploma - Management Accounting
Alexandria University
09.2004 - 05.2006
Senior Accountant/Cost Accountant
Dar El-Ashaa Group
06.2003 - 04.2007
Bachelor of Science - Accounting
Alexandria University
09.1997 - 05.2001