Mahmoud Elsayed Abd El-Moety
Ismailia
Summary
Experienced Financial Controller with 21+ years in financial reporting, budgeting, planning, and risk management within hospitality. Skilled in IFRS & GAAP compliance, cash flow optimization, and operational efficiency through strategic decision-making and internal controls. Expertise in leading finance teams, developing policies, and leveraging ERP systems (Sun system general ledger, Opera, Fidelio Suite 8, Solutions payroll and Microsoft systems) for accuracy and process optimization.
Overview
22
22
years of professional experience
Work History
Cluster Financial Controller
JHR, Jaz Belvedere & Jaz Sharks Bay Hotel
Sharm El Shikh, South Sinai
04.2025 - Current
- Oversaw financial operations for two hotels,
- ensuring accurate reporting and compliance with standards.
- Developed and implemented cost-saving strategies to enhance profitability across both properties.
- Collaborated with management teams to optimize financial performance and streamline accounting processes.
- Prepared detailed financial reports to support strategic decision-making and operational planning.
Financial Manager
JHR, Jaz Hotels & Resorts, Jaz Dahabya
Dahab, South Sinai
09.2023 - 03.2025
- Prepared and analyzed financial reports, including income statements, balance sheets, and cash flow statements to support strategic business decisions.
- Implemented financial forecasting models, improving budget accuracy and financial planning efficiency.
- Enhanced financial compliance and internal controls, ensuring full adherence to IFRS and GAAP standards.
- Optimized cash flow management, reducing financial risks and ensuring operational stability.
Assistant Financial Controller
Deutsche Hospitality
10.2019 - 08.2023
- Company Overview: (Steigenberger Alcazar)
- Supervised financial reporting and budgeting, ensuring compliance with audit regulations and tax laws.
- Developed and implemented internal control policies, improving financial transparency and fraud prevention.
- Analyzed budget variances, providing data-driven insights for cost control and revenue growth.
- Utilized ERP systems (Sun system general ledger, Opera, Fidelio Suite 8, Solutions payroll and Microsoft systems) to enhance financial reporting accuracy and streamline operations.
- (Steigenberger Alcazar)
Chief Accountant
Deutsche Hospitality
06.2017 - 09.2019
- Company Overview: (Steigenberger Alcazar)
- Led the accounting team, ensuring accurate financial records and timely month-end closing.
- Facilitated internal and external audits, ensuring compliance with financial regulations and international accounting standards.
- Managed financial risk assessments, identifying areas for improvement and enhancing corporate financial security.
- (Steigenberger Alcazar)
Credit Manager
JHR, Jaz Mirabel Hotel
12.2012 - 05.2017
- Oversaw credit management and accounts receivable operations, reducing overdue receivables by 30%.
- Developed credit policies and risk assessment strategies, increasing debt recovery rates and optimizing cash flow.
- Led financial negotiations with clients to improve payment terms and corporate partnerships.
- Monitored financial trends, providing strategic recommendations for improved credit control.
Credit & Accounts Receivable Manager
Jaz Hotels Group
10.2010 - 11.2012
- Company Overview: (Sol Y Mar Riva World Hotel)
- Managed accounts receivables, overseeing billing, invoicing, collections, and payment processing.
- Supervised and trained accounts receivable staff, ensuring accurate and timely financial reporting.
- Developed internal controls to improve cash flow and risk management.
- (Sol Y Mar Riva World Hotel)
Credit & Accounts Receivable Manager
Jaz Hotels Group
06.2006 - 09.2010
- Company Overview: (Sol Y Mar Sharming Inn)
- Oversaw credit policies and accounts receivable operations, reducing past-due balances.
- Conducted financial risk assessments, ensuring compliance with internal policies.
- Developed and implemented effective credit strategies, improving debt collection rates.
- (Sol Y Mar Sharming Inn)
Accounts Receivable Specialist
Tropital Hotels & Resorts
11.2002 - 05.2006
- Handled accounts receivables, payment processing, and collections, improving cash flow operations.
- Reviewed financial reports and reconciliations to ensure compliance with accounting principles.
- Balanced financial records and batch summaries, ensuring error-free reporting.
Education
Bachelor's Degree - Accounting & Finance
Suez Canal University
05.2002
Skills
- Financial Reporting & Analysis (IFRS, GAAP Compliance)
- Budgeting & Forecasting
- Cash Flow Management & Optimization
- Cost Control & Revenue Maximization
- Internal Controls & Audit Management
- ERP Systems (Sun system general ledger, Opera, Fidelio Suite 8, Solutions payroll and Microsoft systems)
- Financial Leadership and Team Management
- Problem-Solving & Analytical Thinking
- Communication & Negotiation Skills
Languages
- Arabic, Native
- English, Very Good
Timeline
Cluster Financial Controller
JHR, Jaz Belvedere & Jaz Sharks Bay Hotel
04.2025 - Current
Financial Manager
JHR, Jaz Hotels & Resorts, Jaz Dahabya
09.2023 - 03.2025
Assistant Financial Controller
Deutsche Hospitality
10.2019 - 08.2023
Chief Accountant
Deutsche Hospitality
06.2017 - 09.2019
Credit Manager
JHR, Jaz Mirabel Hotel
12.2012 - 05.2017
Credit & Accounts Receivable Manager
Jaz Hotels Group
10.2010 - 11.2012
Credit & Accounts Receivable Manager
Jaz Hotels Group
06.2006 - 09.2010
Accounts Receivable Specialist
Tropital Hotels & Resorts
11.2002 - 05.2006
Bachelor's Degree - Accounting & Finance
Suez Canal University
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