Salah Rafaat saber
Senior Accountant
Giza,Egypt
Summary
Professional summary
Accomplished Senior Accountant and Team Leader with over 5 years of experience in financial reporting, internal controls, and accounting operations in the e-commerce and fintech sectors. Proven expertise in leading accounting teams, generating monthly reports, and preparing financial statements in compliance with IFRS standards. Skilled in managing cash flow, overseeing general and administrative expenses, and implementing cost optimization strategies. Extensive knowledge of digital payments and online platforms.
Overview
5
5
years of professional experience
4
4
years of post-secondary education
2
2
Languages
2
2
Certificates
Work History
Senior Accountant
Maxab
Cairo, Cairo Governorate
06.2023 - Current
- Manage Accounts Payable and Receivable. Oversee accounts payable and receivable processes, ensuring timely payment of invoices and collection of funds.
- Cash management and banking relationships manage cash flow, ensure proper cash management practices, and maintain strong relationships with banking partners.
- Maintain the general ledger, and ensure accounting systems are updated and functioning properly.
- Compare actual costs vs. Budgeted costs to identify variances and cost-saving opportunities.
- Invoicing: Ensure accurate and timely invoicing for merchants, and other partners.
- Prepare monthly, quarterly, and annual financial reports in compliance with IFRS.
- Settlements oversee financial settlements, handle and process bill payments, and top-up requests efficiently while ensuring proper documentation and reconciliation of transactions.
- Incentive Payout: Manage the payout of incentives for merchants, ensuring timely and accurate disbursements in line with company policies.
- Record all selling, general, and administrative expenses according to company policies.
- Reconciliations: Perform reconciliations with third-party vendors and internal accounts to ensure that financial records are accurate.
- Financial Statement Production: Prepare and present financial statements, ensuring compliance with accounting standards.
- Tax Compliance: Manage tax compliance, including salary tax, VAT, withholding taxes, and other relevant taxes, ensuring accurate reporting and timely submissions.
- Audits with external auditors coordinate and assist with external audits, ensuring all necessary documentation is provided, and addressing any audit findings.
- Updated general ledger with latest entries.
- Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
- Completed year-end closing processes with controllers and external auditors.
- Handled month-end and year-end finances by managing and reporting fixed assets and other data.
- Assisted with budget preparation, monitoring expenses, and providing timely updates to management on variances.
- Leader of a 6 strong accounting team
- Manage operational financial transactions exceeding EGP 4 billion monthly through various payment channels, including banking systems and digital wallets, ensuring accuracy and compliance with financial regulations.
- Ensured accurate revenue recognition through diligent review of contracts and adherence to company policies.
- Reconciled accounts and created documents for monthly closure procedures.
Accounting Team Lead
Maxab
Cairo, Cairo Governorate
12.2021 - 05.2023
- Review and reconcile daily operational transactions to ensure accuracy.
- Review manual journal entries, and verify accrual postings with supporting documentation.
- Manage lease accounting in line with IFRS 16.
- Reconciled accounts and prepared for monthly closures.
- Trained new employees on accounting procedures.
- Ensure good communication with other departments.
- Managing cash flow and petty cash reports.
- Organizing financial data into usable information and maintaining updated records.
- Ensure compliance with the tax authority's instructions for all suppliers.
- Documented cash, credit, fixed assets, accrued expenses, and line of credit transactions.
- Maintained up-to-date knowledge on professional accounting standards to manage financial recordkeeping.
- Prepared and filed tax forms to meet the needs of customers.
- Improved financial accuracy by conducting thorough account reconciliations and adjusting journal entries.
Junior Accountant
Maxab
Cairo, Cairo Governorate
04.2021 - 11.2021
- Record daily transactions, including accounts payable (A/P) and accounts receivable (A/R).
- Review and process supplier invoices, ensuring they match purchase orders.
- Assist in reconciling bank statements and financial records to ensure accuracy.
- Verify and record customer payments and collections.
- Assist in preparing monthly and quarterly financial reports.
- Make sure all sales invoices are posted and sent to the ETA (Egyptian Tax Authority), and all invoices are valid.
- Record monthly financial data, including accruals and deferrals, and prepare associated reports.
- Input invoices into the odoo ERP system, ensuring purchase order and receiver matching.
- Posted and processed journal entries to ensure accurate recording of business transactions.
Treasury Accountant
L'azurde
Cairo, Cairo Governorate
02.2020 - 03.2021
- Monitor and reconcile daily gold stock movements.
- Maintain accurate records of gold purchases, sales, and savings invoices.
- Assist in the physical counting and verification of gold inventory.
- Completed physical inventory counts each month.
- Participated in annual physical inventories to verify accuracy of records and identify any discrepancies that needed correction.
- Reviewed vendor invoices for appropriate documentation and validity prior to payment.
Education
Diploma IFRS - International Financial Reporting Standards
ACCA
London, United Kingdom 05.2023 - 12.2023
(FMVA®) - Financial Modeling & Valuation Analyst
CFI
Vancouver, Canada 07.2024 - 12.2024
Bachelor Degree - Accounting And Finance
Helwan University
Cairo, C 09.2016 - 07.2019
Skills
Personal Information
- Date of Birth: 03/24/96
- Marital Status: married
Certification
Diploma IFRS: International Financial Reporting Standards
Timeline
(FMVA®): Financial Modeling & Valuation Analyst
12-2024
(FMVA®) - Financial Modeling & Valuation Analyst
CFI
07.2024 - 12.2024
Senior Accountant
Maxab
06.2023 - Current
Diploma IFRS - International Financial Reporting Standards
ACCA
05.2023 - 12.2023
Diploma IFRS: International Financial Reporting Standards
01-2023
Accounting Team Lead
Maxab
12.2021 - 05.2023
Junior Accountant
Maxab
04.2021 - 11.2021
Treasury Accountant
L'azurde
02.2020 - 03.2021
Bachelor Degree - Accounting And Finance
Helwan University
09.2016 - 07.2019
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