Waleed EL-Sayed Mohamed
Budgeting & Financial Reporting Manager
Giza
Summary
Data-driven Budgeting & Financial Reporting Manager with strong knowledge of accounting practices, theory and procedure. Develops and implements sustainable processes for reporting monthly financial results and forecasts. Highly analytical exhibiting sound logic and thinking and expert proficiency with PC applications and accounting and financial tools.
Overview
25
25
years of professional experience
3
3
Languages
Work History
Budgeting & Financial Reporting Manager
Legrand/Bticino Egypt
1 2019 - Current
- Coordinate with various teams and perform complex analysis and prepare reports to summarize financial data.
- Develop financial models, prepare forecasts and reporting tools to identify business opportunities, risk and ensure performance better.
- Coordinate with senior management and prepare forecasts and budgets to meet business goals.
- Coordinate with various departments and prepare recurring monthly financial reporting packages.
- Ensure all balance sheet accounts and P&L movements are reconciled monthly.
- Extracting and reviewing monthly trial balance for 2 companies in charge to prepare consolidated trial balance for periodically report.
- Maintain accounting system and update global chart of account.
- Liaise with both internal & external audit for accounting & taxes as well.
- Develop and implement internal financial controls for integration of closing process and financial activities of company.
- Identify variances between actual and budgeted financial results at end of each reporting period.
- Provide clear explanation to management (CFO/CEO) related to cash flow projection, key risks and opportunities.
- Prepare & present the MPR (monthly performance review) to the CFO/CEO & Group management.
Accounting Manager
Legrand/Bticino Egypt
01.2015 - 12.2018
- Assuring compliance with state, local & corporate policies, regulations, and laws
- Supervises accounting transactions & operation of AP, AR, inventory, GL, Tax, FA & treasury, and reconciliations supporting over all department goals & objectives
- Preparing work papers and supporting schedules for annual financial review, and for external audits
- Staff management and development
- Preparing financial statements and other reports to summarize and interpret current and projected 'budget' company financial position
- Ensures an accurate & timely month, quarter & year-end closing providing all necessary regular & irregular reporting & analysis
- Preparing monthly & periodically tax reports (corporate, sales, stamp, withholding, unified… etc.) & responsible for handling tax payments
- Save efficiency of financial application modules outcome, assist in development & implementation of new procedures and features to enhance the workflow of the department on the system
- Responds to inquiries from finance director, controller and other finance & firm wide managers regarding financial results, special reporting.
- Liaise with tax authorities and tax inspectors and prepare all necessary documents and analysis for tax inspections.
Tax & Accounts Payable Section Head
Legrand/Bticino Egypt
12.2008 - 12.2014
- Preparing monthly & periodically tax reports (sales, stamp, withholding, unified…
- Etc.) & responsible for handling payments
- Liaise with tax authorities and tax inspectors and prepare all necessary documents and analysis for tax inspections.
- Responsible for accounts payable (local & overseas), review & payments
- Generates supplier position and inter-co.
- Position
- Responsible for reconciliation of other current assets & other current liabilities accounts
- Participating in monthly closing, annual budget & balance sheet
- Responsible for pricing imported goods (costing).
Accounts Receivable Section Head
Al-Mansour Automotive Company
01.2008 - 12.2008
- Responsible for Trucks accounts 'distributors accounts' for brands (Chevrolet and Isuzu)
- Responsible for passenger cars sales accounts 'retail' for brands (Opel& Chevrolet)
- Ensuring efficiency and regularity of all financial procedures and casualties concerning sales operations
- Preparing daily, weekly, and monthly financial reports concerning sales profit
- Worked in close collaboration with cross-functional teams to initiate cash collection efforts and accounts reconciliation.
Senior Customer Service Representative
Vodafone Egypt
08.2005 - 12.2007
- Answering High value customer's inquiries and solve their problems & making proper escalations for other departments to handle customer's problems & inquiries
Senior Accountant
Volks Wagen & Audi Egypt
05.1999 - 07.2005
- Improved cash flow management by closely monitoring receivables and implementing stricter credit policies.
- Oversaw accounting team in servicing diverse clients.
- Contributed significantly towards cost-saving initiatives through meticulous analysis of expenses patterns and identification of areas ripe for optimization.
- Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
Education
Bachelor of Science - Accounting And Finance
Ain Shams University
Cairo, Egypt 04.2001 -
MBA - In Progress (Finance & Banking) -
ESLSCA
Giza, EgyptCFA Level1 - undefined
AUC
CMA Part1 - course attendance - undefined
Ernst & Young
IFRS - course attendance - undefined
Ernst & Young
Skills
Good knowledge of Microsoft & IBM Applications (Excel, Word, power point, Outlook, AS/400), Comsys & SAP system
undefinedPersonal Information
- Place of Birth: Cairo
- Date of Birth: 01/28/77
- Nationality: Egyptian
- Marital Status: Married
Military Service
Exempted
Timeline
Accounting Manager
Legrand/Bticino Egypt
01.2015 - 12.2018
Tax & Accounts Payable Section Head
Legrand/Bticino Egypt
12.2008 - 12.2014
Accounts Receivable Section Head
Al-Mansour Automotive Company
01.2008 - 12.2008
Senior Customer Service Representative
Vodafone Egypt
08.2005 - 12.2007
Bachelor of Science - Accounting And Finance
Ain Shams University
04.2001 -
Senior Accountant
Volks Wagen & Audi Egypt
05.1999 - 07.2005
Budgeting & Financial Reporting Manager
Legrand/Bticino Egypt
1 2019 - Current
MBA - In Progress (Finance & Banking) -
ESLSCA
CFA Level1 - undefined
AUC
CMA Part1 - course attendance - undefined
Ernst & Young
IFRS - course attendance - undefined
Ernst & Young
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