Mohamed Hassan Hegazy

• Accounting Operations:
• Oversees and manages on day-to-day the general accounting functions, including, but not limited to accounts payable, accounts receivable, general ledger, and taxes
• Develops staff by managing performance, setting goals, providing ongoing training, and maintaining strong employee relationships.
• Reviews the company's financial statements to ensure their accuracy & completeness.
• Recommends changes in policies and/or procedures contributing to the improvement of the overall financial function performance.
• Avoids receiving and audit or management letters and handles any related points in case of such incident. Ensures compliance to all financial policies, processes, and SOPs.
• Provides suggestions for improvements in financial processes & procedures. Explores and leads potential cost saving initiatives.
• Reporting:
• Prepare accurate and timely financial reports, including monthly, quarterly, and annual statements. Analyze financial data to identify trends and potential issues.
• Provide ad-hoc financial analysis as needed.
• Provides accurate on-demand financial reports as per management’s requests
• Financial Forecasting:
• Develop and maintain financial forecasts to support strategic planning and decision-making.
• Analyze economic and industry trends to identify potential risks and opportunities.
• Budget Development:
• Assist in the preparation and management of annual budgets, including revenue projections, expense estimates, and capital expenditures.
• Analyze historical data and industry trends to identify potential cost-saving opportunities. Develop and maintain budget templates and reporting tools.
• * Cost Analysis:
• Conduct detailed cost analysis of projects, programs, and operations to identify areas for improvement and cost reduction Develop and implement cost-saving initiatives.
• Track and analyze variances between actual and budgeted costs.
• ERP System Implementation & Maintenance:
• Leads the ERP implementation process, starting from handling all necessary preparations to coordinating-different activities with various stakeholders on that front.
• Acts as the main focal point of the Finance ERP post go-live phase.
• Utilizes any updated or newly introduced technologies other than ERP for enhancing the Finance function. Performs any other tasks requested from Finance Director or Secretary General.
• COLLECTIONAND CASH MANAGEMENT ( Internal &External)
• • Process payments and refunds
• • Preparing monthly feedback reports on payment collections.
• • Resolve billing and customer credit issues
• • Update account status records and collection efforts
• • Report on collection activity and accounts receivable status

• Company Overview: Chinese Company - Infinix, Tecno mobile and others
• Oversees and manage all daily accounting activities required
• Supervises and reviews the work of the accounting staff (including, but not limited to, cash reconciliations, account statement reconciliations, check transactions, accounts receivable, accounts payable, fixed asset activity, transactions, debt activity, recording of revenue and expenses, etc.)
• Producing quarterly and annual financial statements and financial reports
• Review & approve payment vouchers & journal entries
• Work with the External Audit to ensure a clear and timely quarterly and yearend audit
• Performs other duties as assigned or required
• Develop and maintain internal control and effective accounting system and policies for the set up
• Participation in preparation of the annual budget, revenue and expenditure variance analysis for the quarter, semi-annual and annual
• Perform financial analysis and reporting to financial manager and BOD as needed
• Auditing the contracts with third parties from the financial aspects
• Revise & approve the internal Cost Accounting Cycle
• Dealing and negotiations with banks
• Coordinates with all others departments to move and cooperation’s related to finance
• Discuss and work to resolve all comments of the internal auditor and to ensure the implementation of its recommendations
• Chinese Company - Infinix, Tecno mobile and others

• Perform month-end accounting activities such as reconciliations and journal entries
• Coordinate with finance team to complete assigned accounting tasks within deadlines
• Coordinate and audit for accounting transactions
• Produces monthly financial statement and analysis related to balance sheet & income statement
• Monitor and record financial transactions according to company policies and regulations
• Management of warehouse accounts and the provisions of control over them
• Inventory controlling, and prepare physical counting reports
• Handle Supply Chain Cycle from Vendors & its AP Accounts
• Profit and loss analysis monthly reports
• Preparation and submission of tax returns
• Set a system to keep the documents and easily access and organize books, accounts and documents

• Financial control of the movement of cash
• Ensure of the safety for balances and validity of cash circulation and deposited in banks
• A continuous audit for receipt vouchers and confirming the compatibility with documents
• A sudden inventory for cash and treasury main and sub-funds
• Supervision of the accounting records and documents
• Ensure of the validity of payment vouchers and match them with attachments
• Ensure of the validity of the accounting routing
• Ensure of the validity of registration in records
• Participate in the annual inventory
• Ensure of safety save of fixed assets and raw material
• Ensure Validity of workflow at stores in terms of receipt and expenditure of material and recorded in cards to control continuously
• Stocktaking balances of materials in the stores to ensure of their safety and balances
• Ensure the compatibility of these measures with the internal systems and regulations
• Ensure the application of the measures how to achieve self-censorship within the approved accounting principles
• Ensure not to exceed any terms of reference in the different decision-making and implementation of procedures of financial audit before payment

• Follow-up banks movement on a daily basis, weekly to check the availability of the necessary liquidity to meet obligations
• Processing of payments of expenses and make sure that his presence within the limits of the budget
• Review and approve all financial and accounting adjustments
• Follow the movement of accounts receivable and payables matching approvals customers and suppliers account Statement
• Prepare monthly trial balance and financial statements, accounts
• Review and approve all closing reports to the accounting team to ensure accurate data and close the current month

Job Summary:

A highly skilled Cost, Budgeting, and Inventory Control Accountant with expertise in cost system development, budget preparation, variance analysis, and inventory management. Adept at analyzing cost structures, optimizing financial reporting systems, and ensuring effective cost control measures to enhance business efficiency and profitability.

Key Responsibilities:

Cost System Development: Design and implement cost accounting systems and classify cost centers (administrative, sales, production, and service).

Budgeting & Financial Planning: Prepare and manage annual budgets, ensuring alignment with organizational goals.

Cost Analysis & Variance Reporting: Analyze actual manufacturing costs, compare them with standard costs, and prepare periodic reports on deviations and their causes.

Process & Cost Optimization: Evaluate changes in product design, raw materials, manufacturing processes, and services to determine their cost implications.

Data & System Controls: Identify, establish, and continuously review cost-effective data accumulation and reporting systems.

Inventory Control & Reporting: Monitor inventory transactions, conduct periodic stock counts, and ensure accuracy in inventory records.

Cost Consolidation & Target Costing: Consolidate cost data as part of target costing initiatives and implement controls to minimize cost variances.

Continuous Improvement: Develop and enhance cost-effective work systems to improve financial accuracy and operational efficiency.