Mostafa Selim
Financial Business Management
Cairo,Egypt
Summary
Systematic Financial Executive with 19 years of experience in business finances. Trained in financial project management, customer service, scheduling, financial assessments and investment advising. Collaborates closely with clients to optimize specialty financial plans and profitable outcomes.
Overview
12
12
years of post-secondary education
19
19
years of professional experience
Work History
Senior Finance Manager
Planet Payment
Galway, Ireland
06.2019 - Current
- Focal point between functions in maintaining and controlling our Sales and marketing processes.
- Full responsibility on the financial statements (Balance sheet – Income Statement – Cash Flow Statement).
- Monitoring actual performance per country and service unit and analyze the variance between budget and actual.
- Reporting and controlling Planet group intercompany transactions and working on continues enhancement of the whole process within the group.
- Engaged in ongoing improvements of internal process due to the dynamic change of the company and the new mergers and acquisitions that takes place.
- Establish and maintain accounting practices to ensure accurate and reliable data necessary for business operations as required for the Company’s financial focus/initiatives.
- Building up with annual budget per country and monitor actual movement and analyze the variance against the plan.
- Ensuring that all IFRS related changes done through automated solutions and modules.
- Collaborate with several functions in insuring that revenue related to new services/solutions recognized according to IFRS.
- Preparation or review of statutory financial statements under each country local standards, GAAP, IFRS.
- Responsible for internal and external auditors’ verifications till the delivering of final audited statements on the Group level and per country as well and ensure that all needed amendments took place in the statutory statements according to local standards.
- Review Group payroll also review of local and international tax deliverables and payments.
- Ongoing enhancement, development, training of team members for easier and more efficient engagement and productivity.
Post Graduate Studies
NUIG Ireland
Galway, Ireland
09.2018 - 06.2019
Corporate Reporting and Consolidation Manager
Giza Systems
Cairo, Egypt
01.2016 - 09.2018
- Support project senior analyst team for monitoring the whole process of project performance from bidding until completion.
- Building annual budget and business plan with Company GM's and financial management.
- Monitor, advice, consult business managers the business forecast vs.
- Actual on monthly basis, and report to CFO and CEO.
- Developed automated project P&L which is integrated with company ERP.
- Monitor and analyze the variances between the forecast and actual recognized revenue.
- Work with the revenue team on weekly basis for the revenue recognition according to standards.
- Monitoring with the costing team that all projects’ data recognized according to actual percentage of completion.
- Enhanced an integrated solution from projects percentage of completion through our ERP and according to IFRS.
- Prepare monthly, quarterly, and annual reporting package to the BOD.
- Responsible for Ad-hoc financial reporting and PWC requirements submission related to the due diligence.
- Advising and training finance team members in all companies for the transformation to AX.
- Implementing Intercompany tool in the new ERP system.
- Financial, at 3M, EMEA – Africa, Cairo, Egypt.
Financial Business Controller
3M
Cairo, Egypt
09.2013 - 12.2015
- Prepare annual operation plan/budget with the business managers and with country GM while aligning with group EMEA finance manager.
- Monthly review of Pricing, COGS and transfer pricing and overview on company eliminations.
- Monitor Business forecast progress closely with business managers, country GM and regional GM.
- Prepare monthly, quarterly and annual reporting package for the management and business leads.
- Responsible for Africa Reporting and consolidation reports.
- Review pricing of new ordered products and their mixed price effect on the business contribution margin.
- Responsible for RTR module in SAP implementation in EMEA.
- Worked with MEA team different stakeholders in the annual OP budget and on monthly financial business reporting.
- Provide professional and technical support to Sales and Marketing team in regard to new projects and products launch.
- Managed to launch a project with our marketing and sales team to launch new replacement products which successfully lead to a better profitably with the new product mix.
Accounting Supervisor
Etisalat Misr
Cairo, Egypt
10.2007 - 09.2013
- Created excel module for cell sites prepaid amortization through straight-line method.
- Involved in bidding committees assigned by the CFO.
- Prepare and review monthly reporting package for all balance sheet and Income statement accounts in my function and monitoring monthly movement and trends and providing management with significant justification for all results.
- Prepare monthly CIP capitalization according to actual reported percentage of completion.
- Involved in major cell sites sharing project, which included representatives from different functions in all Egypt Mobile Telecommunication operators, which lead to a major agreement, which lead to better coverage over the country with a cost-efficient method.
Senior Accountant
Industrial Modernization Center – EU – nonprofit Organization, Cairo
02.2004 - 10.2007
- Preparing monthly progress report to management for sectors projects performance Vs.
- Budget.
- Monitoring and tracking funding received from EU and Government and insuring proper allocation and progress per project and Unit.
- Support Executive Director and Financial Manager in preparation of annual budget per project.
- Monitor and analyze actual performance and the variance against budget.
- Review Bank reconciliation, credit control, payment issuance, and EU fund monitoring progress.
Junior Accountant
Siemens Ltd
09.2002 - 02.2004
Education
MBA - Global Business
Eslsca Business School
09.2013 - 06.2015
Bachelor of Commerce - Accounting
Ain Shams University
09.1999 - 06.2005
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Egyptian High School, Saint Fatima School
09.1997 - 06.1999
Chartered Institute of Management Accountants (CIMA)
03.2020 - 10.2021
High Diploma in Business Studies - Business Information
NUIG
Ireland 09.2018 - 06.2019
Skills
Oracle, SAP, Microsoft AX dynamics & 365
Timeline
Chartered Institute of Management Accountants (CIMA)
03.2020 - 10.2021
Senior Finance Manager
Planet Payment
06.2019 - Current
Post Graduate Studies
NUIG Ireland
09.2018 - 06.2019
High Diploma in Business Studies - Business Information
NUIG
09.2018 - 06.2019
Corporate Reporting and Consolidation Manager
Giza Systems
01.2016 - 09.2018
Financial Business Controller
3M
09.2013 - 12.2015
MBA - Global Business
Eslsca Business School
09.2013 - 06.2015
Accounting Supervisor
Etisalat Misr
10.2007 - 09.2013
Senior Accountant
Industrial Modernization Center – EU – nonprofit Organization, Cairo
02.2004 - 10.2007
Junior Accountant
Siemens Ltd
09.2002 - 02.2004
Bachelor of Commerce - Accounting
Ain Shams University
09.1999 - 06.2005
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Egyptian High School, Saint Fatima School
09.1997 - 06.1999
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