Muhammad Ali Mourad
Manager Team Leader
New Cairo
Summary
Dynamic finance professional with extensive experience at Samsung Electronics Egypt, excelling in operations management and strategic planning. Proven track record in enhancing team performance and driving budget control. Expert in SAP and skilled in fostering relationships, resulting in improved customer satisfaction and operational efficiency.
Overview
15
15
years of professional experience
Work History
Manager
Samsung Electronics Egypt
03.2017 - 11.2024
- Managed and motivated employees to be productive and engaged in work.
- Accomplished multiple tasks within established timeframes.
- Maximized performance by monitoring daily activities and mentoring team members.
- Enhanced customer satisfaction by resolving disputes promptly, maintaining open lines of communication, and ensuring high-quality service delivery.
- BI system reporting, sales reporting analysis by material group, product, division, etc.
- Analysis for total cost, CGS, Sales deduction, Marketing cost.
- Report actual monthly data vs target planning.
- Monthly closing operation, lease posting, deprecation posting, daily expense, accrual posting, open accrual tracking, bank reconciliation
- IFRS 16 lease calculation and posting
- Sales deduction process, Quarter T&C follow up with legal team, monthly accrual calculation and posting according to KPIs rate
- Sales accrual posting for product promotion
- MFA - Marketing fund agreements, follow up with legal team. follow marketing execution accruals, Marketing payments review - VAT and expense posting.
- Market Dealers program KPIs accruals vs achievements monthly and quarterly
- Budget - submit yearly management plan - sales and total cost & overhead, submit quarterly and semi annually company target planning report differences with reason, verify HQ & RHQ expense allocation.
- Forecast - cash flow - net Account receivable balances quarterly and semi annually
- Tax, monthly payroll tax posting, calculate company inkind benefits payroll tax, VAT post and report, WHT local and overseas, support auditors in all kind of tax inspection - VAT, payroll, corporate.
- Monthly Financial health check, GL analysis, Balance sheet open item control within 30 days, daily bank posting, MT900.
- Sales, daily sales tracking with delivery notes and pricing vs customer monthly PI, support sales team in product price structure .
- Managing NTS - non trade system - other subsidiary expense allocation claim, overseas WHT, IT cost.
- Service part importation, follow POs with actual invoices, Incidental cost accrual, actual importation cost - freight, customs, VAT, etc
- After sales services, vendor claims posting according to each product, production date, direct cost posting, warranty accrual usage, VAT.
- Inventory tracking and inspection, aging stock accruals, non moving stock disposal
- Fixed asset inspection twice a year.
- Developed and maintained relationships with customers and suppliers through account development.
Assistant Manager - Finance
Samsung Electronics Egypt
07.2013 - 03.2017
- Supported annual audit process by preparing detailed schedules, reconciliations, and responding promptly to auditor inquiries .
- Managed accounts payable and receivable functions, ensuring timely processing of invoices and collections activities.
- Streamlined month-end closing process by automating tasks and establishing clear deadlines.
- Provided ad-hoc financial analysis support for various projects throughout the organization as needed .
- Account receivable, Provide each customer with any kind of analysis needed, Make sure all payment is made within the due period, Make sure the overdue amounts are within the guideline, Reporting customers AR balance confirmation quarterly.
- Credit management, Manage all credit facilities for each customer, Submit all the credit facilities on system. (BG, LC, Insurance, Cash etc),
- Fixed asset responsible, Purchasing, posting, PO management, Monthly deprecation (calculation – posting)
- Developed strong relationships with banking partners to secure favorable financing terms.
- Prepared monthly reconciliation of bank accounts and took corrective actions on deviations.
- New vendor and new customer registration according to internal audit and risk management guide line.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Senior Staff Accountant
Samsung Electronics Egypt
03.2013 - 06.2013
- Updated general ledger with latest entries.
- Prepared accounts for industry audits and supported audit process.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Calculated tax owed, prepared, and submitted returns and upheld compliance with all applicable laws
- Accounts payable Collect Vendor invoices, AP posting in system with approvals and Posting, Reporting Accounts payable quarter balance confirmation, Report balance confirmation differences and reason
- Prepared monthly journal entries and reconciliations.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
Tax Consultant
PricewaterhouseCoopers
04.2012 - 02.2013
- Reduced client tax liabilities by identifying applicable deductions and credits.
- Advised clients on best practices for maintaining compliance with changing tax regulations, avoiding costly penalties.
- Interviewed clients to obtain additional information on taxable income, deductible expenses and allowances.
- Negotiated payment plans with taxing authorities on behalf of financially distressed clients, easing their burden.
Junior Tax Consultant
KPMG Hazem Hassan
04.2010 - 04.2012
- Initiated cross-functional collaboration between departments which led to more holistic understanding of client needs and better tax solutions provided.
- Improved internal processes by developing and implementing streamlined workflow procedures.
- Researched and analyzed complex tax regulations, applying them to unique client situations.
- Managed multiple client projects simultaneously while meeting strict deadlines and consistently delivering quality work products.
- Reduced tax liabilities for clients through effective tax planning strategies.
Education
BBA - Accounting And Finance
Faculty of Commerce
Alexandria, Egypt 04.2001 -
Skills
Team leadership
Operations management
Strategic planning
Decision-making
Contract management
Sales management
Budget control
Team building
SAP, GERP & NERP system expert
My Finance (Employee expense management)
GPPM (Global policy and procedure management)
Timeline
Manager
Samsung Electronics Egypt
03.2017 - 11.2024
Assistant Manager - Finance
Samsung Electronics Egypt
07.2013 - 03.2017
Senior Staff Accountant
Samsung Electronics Egypt
03.2013 - 06.2013
Tax Consultant
PricewaterhouseCoopers
04.2012 - 02.2013
Junior Tax Consultant
KPMG Hazem Hassan
04.2010 - 04.2012
BBA - Accounting And Finance
Faculty of Commerce
04.2001 -
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