Summary
Overview
Work History
Education
Skills
Additional Information
Timeline
Chess & outdoor activities
Chess & outdoor activities
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Tharwat Hussein

Tharwat Hussein

Senior Accounts Payable Accountant
New Cairo

Summary

Dedicated and results-oriented financial accountant and business financial analyst, with more than five years of experience in managing financial processes, analyzing data. Proficient in generating accurate financial reports, reconciling accounts, and identifying areas for cost savings and efficiency improvements. Skilled in utilizing accounting software and spreadsheets to maintain precise records and support decision-making. Adept at collaborating with cross-functional teams to streamline operations and achieve strategic objectives. Strong attention to detail and analytical mindset. Strategic budget controller in overseeing budgeting processes, financial planning, and resource allocation, develop reports and dashboards. Proven track record of developing comprehensive budgets, cost savings aligned with organizational goals and objectives. Skilled in forecasting financial performance, monitoring variances, and implementing corrective actions. Proficient in analyzing financial data and trends to provide insights for accurate decisions making. Effective communicator and collaborator, able to work closely with managements to develop and manage budgets that optimize resources and drive profitability. Committed to continuous improvement and maximizing financial efficiency while maintaining compliance with regulatory requirements.

Overview

5
5
years of professional experience
3
3
Languages
4
4
years of post-secondary education

Work History

Senior Accounts Payable Accountant

ADES
04.2024 - Current
  • Collaborated with procurement team to ensure proper approval, and matching of purchase orders with invoices.
  • Enhanced financial accuracy by diligently reviewing and reconciling vendor invoices and statements.
  • Compiled general ledger entries on short schedule with 100% accuracy.
  • Supported cash flow management efforts by providing accurate forecasting reports on outstanding liabilities as needed.
  • Facilitated cross-departmental communication to address issues related to invoicing, approvals, or payment status updates promptly.
  • Improved vendor relationships through timely payments and prompt resolution of discrepancies.
  • Processed accounts payable through Oracle.

NRP Budget & Payable Accountant

ADES
01.2024 - 04.2024
  • Assisted in reducing outstanding vendors accounts receivable balances by diligently following up on overdue invoices which led to decrease of payables outstanding by 20%.
  • Enhanced financial decision-making capabilities by providing timely, accurate information to management through regular performance reports.
  • Improved financial reporting accuracy through meticulous data analysis and reconciliation efforts.

NRP Financial Controller

ADES International Holding
08.2023 - 01.2024
  • Conducted regular budget reviews, ensuring optimal allocation of resources throughout project lifecycle.
  • Reviewed documents and data to give accurate presentations and forecasts to upper management for 4 project and lead of controlling their budgets amounting more USD 300M of overall project budget amounting more than USD 1B.
  • Spearheaded implementation of new accounting presentations, resulting in increased efficiency and improved financial tracking capabilities by 50% less efforts.
  • Worked with project manager in preparation of budgets, forecasts and all financial reporting and analysis.

NRP Financial Controller

ADES International Holding
10.2022 - 08.2023
  • Reviewed documents and data to give accurate presentations and forecasts to upper management for 4 project and lead of controlling their budgets amounting more USD 300M of overall project budget amounting more than USD 1B.
  • Spearheaded implementation of new accounting presentations, resulting in increased efficiency and improved financial tracking capabilities by 50% less efforts.
  • Implemented cost control dashboard, resulting in better project management and resource utilization.

Budget and Cost Controller

ADES
03.2022 - 10.2022
  • Worked with both internal and external users to create detailed financial reports.
  • Managed budgets, assets, portfolios, accounts payable, receivables and general financial reporting procedures for the 20 plus across the three operating countries, Egypt, Tunisia and Algeria.
  • Analyzed past financial performance and current spending trends to inform budgeting decisions and identify areas for improvement or cost savings which led to almost 30% proven record savings in the budgets.
  • Utilized financial data and trends to forecast future budgetary needs and recommend adjustments to budget allocations as necessary.
  • Contributed to strategic planning initiatives by providing financial insights, projections, and recommendations to support organizational goals and objectives.

Budget Accountant

ADES
06.2020 - 03.2022
  • Collaborated with department heads to create budgets for various departments or projects within organization.
  • Monitored actual expenditures against budgeted amounts to ensure adherence to financial plans and identifying any variances that may require attention.
  • Prepared regular reports on budget performance, variances, and forecasts for management review and decision-making.
  • Developed and implementing strategies to control costs and maximize resource utilization within organization's budget constraints which led to savings of more than 15%.

Junior Accountant

ADES
11.2018 - 06.2020
  • Developed financial models to assess and analyze financial performance for more than 20 operating rigs that assisted reports readability by more than 50%.
  • Preparing miscellaneous reports requested by management.
  • Using Oracle to extract, export & analyze all data needed for different cost report analysis.
  • Preparing cash payment requests while checking with accounts payable and treasury departments.
  • Implemented and maintained internal controls and accounting procedures.

Education

BBA - Business Administration And Management

Canadian International Collage
New Cairo, Egypt
10.2014 - 07.2018

Skills

Bookkeeping and Reconciliation

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Additional Information

Forex and stock trader with good knowledge and expertise.

Timeline

Senior Accounts Payable Accountant

ADES
04.2024 - Current

NRP Budget & Payable Accountant

ADES
01.2024 - 04.2024

NRP Financial Controller

ADES International Holding
08.2023 - 01.2024

NRP Financial Controller

ADES International Holding
10.2022 - 08.2023

Budget and Cost Controller

ADES
03.2022 - 10.2022

Budget Accountant

ADES
06.2020 - 03.2022

Junior Accountant

ADES
11.2018 - 06.2020

BBA - Business Administration And Management

Canadian International Collage
10.2014 - 07.2018

Chess & outdoor activities

Hiking, running, sight seeing, shopping and much more.

Chess & outdoor activities

Hiking, running, sight seeing, shopping and much more.

Tharwat HusseinSenior Accounts Payable Accountant