MOHAMED YOUSSRY
Cost Recovery Supervisor
Cairo
Summary
Highly accomplished finance professional with extensive expertise in International Financial Reporting Standards (IFRS) and a proven track record of success in Auditing and Finance within the oil and gas sector. Having demonstrated expertise in cost recovery, sales invoicing, and compliance with the accounting standards. Recognized for strong analytical skills, effective communication, and the ability to lead cross-functional teams in dynamic, high-pressure environments.
Overview
13
13
years of professional experience
4
4
years of post-secondary education
3
3
Certifications
2
2
Languages
Work History
Cost Recovery & Sales Supervisor
ENI PETROLEUM COMPANY- IEOC
Cairo, Cairo Governorate
10.2014 - Current
- Issuing and reviewing the monthly sales invoices for Oil & Gas products
- Preparing the quarterly cost recovery statements in accordance to the relevant local concession agreements accounting base
- Reporting of production and lifting data including quantities, prices and values on a monthly basis
- Conducting monthly, quarterly, and yearly working capital analysis
- Ensure the timely recognition and payment of trade receivables in addition to handling the monthly/yearly reconciliations with the government
- Calculate the monthly, quarterly, and yearly Income tax values, in addition to assisting in the preparation and submission of the yearly Invoice tax returns
- Communicating internally with other departments and externally with different stakeholders including the governmental authorities, joint operating partners, and Head Office
- Answer and resolve internal and external inquiries timely and clearly
- Designed and maintained financial models to identify and measure risks.
- Ensure all recurring and ad-hoc controls and compliance procedures are completed on time and with high quality
- Maintain, update, and review ERP (SAP) master data on a regular base
- Participate regularly in the company's new initiatives and projects seeking continuous enhancement and improvement in both technical and soft skills
- Special Assignment at ENI - IEOC Egypt: System & Procedures Coordinator for 6 Months
- Continuous communication with the SAP Application maintenance team to resolve key issues
- Maintaining master data related to Finance department including assets, vendors, customers, & GL accounts
- Worked on the SAP upgrade project (SAP FORMAT) in order to centralize the data and the work environment among all ENI branches worldwide
Senior Associate Auditor
PRICE WATER HOUSE COOPERS, LLC
Cairo, Cairo Governorate
12.2011 - 10.2014
- Statutory External Auditor specialized in Energy, Utility & Mining companies
- Experience in auditing firms in the downstream and manufacturing industry
- Responsible for preparing and monitoring the audit budget & adhering to firm's procedures & policies
- Establishment of audit strategies to carry out comprehensive audit plans
- Trained and supported new team members, maintaining culture of collaboration.
- Effectively managed multiple competing priorities while maintaining focus on delivering exceptional results for clients and the organization.
- Performing detailed audit work (testing the whole line items within the balance sheet and the income statement)
- Developing high Accounting proficiency through resolving accounting issues, whilst working with skilled client accountants
- Reporting in accordance with different financial reporting standards (EAS, IFRS, and USGAAP)
- Special Assignment at British Petroleum (BP Egypt): General Ledger Accountant for 9 Months
- Daily coding and settlement of staff expense claims
- Reconcile the open items on SAP for suspense accounts and employees' receivable balances
- Timely bookings and reporting of all intercompany invoices and Debit/Credit notes
- Prepare monthly bank reconciliations
- Provide support to internal and external auditors
Education
Bachelor Degree of Business Administration - Accounting
Misr International University (MIU)
Egypt 09.2007 - 06.2011
Skills
Microsoft Programs
SAP
Problem-solving
IFRS
Analytical thinking
Certification
Certified Public Accountant, American Institute of Certified Public Accountants, License# 0032574
Timeline
ACCA-Diploma in International Financial Reporting Standards (DipIFR)
12-2019
Cost Recovery & Sales Supervisor
ENI PETROLEUM COMPANY- IEOC
10.2014 - Current
Chartered Global Management Accountant, American Institute of Certified Public Accountants, License# 110056860
09-2014
Certified Public Accountant, American Institute of Certified Public Accountants, License# 0032574
06-2014
Senior Associate Auditor
PRICE WATER HOUSE COOPERS, LLC
12.2011 - 10.2014
Bachelor Degree of Business Administration - Accounting
Misr International University (MIU)
09.2007 - 06.2011
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