Islam Sheha

• Collaborated closely with department heads to establish accurate budgets and monitor performance against targets.
• Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
• Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
• Created and distributed reports on internal and external finances, audits, and budgets.
• Optimized working capital availability by proactively managing accounts receivable balances, vendor payment terms negotiation.
• Prepared balance sheets, cash flow reports and income statements.
• Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
• Provided treasury and cash management by overseeing reconciliation of banking activity.
• Responsible for achieving the Financial Reporting & Accounting Department Balance Sheet related KPIs.
• Providing EY tax team with all requirements to finalize all Tax related tasks.
• Handling NE accruals on monthly basis and submitting it to Dubai , and review accruals with debit notes.
• Controlling Personal expenses of employees and making the necessary book keeping.
• responsible for Costing and pricing and maintain agreed margin
• Work with Audit team and provide them with the Draft finincial statement and all their requirements, and publish the amendments required by the Audit team and follow-up until an approved final Finacial statement is issued.

* I was responsible for invoices Posting to Wing Company (Subsidiary of amazon).
* I was responsible for invoices Posting to Helpbit Company (Subsidiary of amazon).
* I was responsible for suppliers Communication for all of non-retail Suppliers for amazon group in Middle East.
* reconciled all Non retail suppliers account.
* I was responsible for posting of (RTV) return to vendor transaction.
* Handled utilities invoices for all middle Ease Countries (Invoices Posting and Payment).
* Handled invoices of point redemption for companies which have deals with amazon to exchange the points that it gives to its customers with items from amazon web site.

Helped in raising the stock accuracy for KSA and UAE In addition to maintaining the high rates that Egypt reached before my mandate to the Emirates through the following Points.

 Prepared Inventory Reconciliation on daily basis to show all stock movements for previous day (Purchasing, COGS, Cost of Sales Returns and adjustments)
 Prepared report for all stock adjustments on daily basis with identifying the reason for adjustment, to allocate them to the proper Account.
 Cleared all of adjustments clearing account by end of each month by allocate them to right Cost account based on report prepared in previous point.
 Follow up The Temporary Docks (Receiving, Returns, Repair and Misplaced) permanently to avoid the accumulation of missing items by asking warehouse team about stagnant items in these docks.
 Supervised Physical Count on a sample of inventory weekly bases and do the needful treatment.
 Gave Approvals for much of stock adjustments (Adding / Removing).
 Prepared Daily Summary for returned items that sent to supplier and have removed from System and posted required entries to Suppliers statement.
 Supervised Damage Sale Deals.
 Calculated slow moving provision for inventory by end of each month.
 Post Slow Moving Provision entries by end of each month.

Led a wide change in raising the stock accuracy from 70% to more than 95% through the following points

1. Prepared Inventory Reconciliation on daily basis to show all stock movements for previous day (Purchasing, COGS, Cost of Sales Returns and adjustments).
2. Prepared all stock adjustments on daily basis with identifying the reason for adjustment, to allocate them to the proper Account
3. Follow up The Temporary Docks (Receiving, Returns, Repair and Misplaced). permanently to avoid the accumulation of missing items by asking warehouse team about stagnant items in these docks.
4. Made Physical Count on a sample of inventory.
5. Follow up on archiving entry and exit permits for inventory.
6. Gave Approvals for much of stock adjustments (Adding / Removing).
7. Sent Daily Summary for returned items that sent to supplier and have removed from system to AP Team to deduct returned items amount from supplier dues.
8. Supervised Damage Sale Deals.

▪ - Responsible for all banking transactions (letters of guarantee, letters of credit, and negotiate with the bank about the facilities granted to the Company.
▪ - Prepared Bank Reconciliation on monthly basis.
▪ - Supervised account payable (Invoicing and Payments).
▪ - Supervised account receivable
▪ - Participated in preparing the financial statements.