SAP
Elsayed Hammad
Finance Manager
Alexandria,ALX
Summary
Objective Finance leader with +15 years multinational/local experience developed in diverse roles demonstrated success leading financial systems and programs. Knowledgeable about regulatory requirements and successful strategies for maintaining optimal controls. Well-organized, proactive and adaptable to dynamic conditions.
Overview
2
2
Languages
9
9
years of post-secondary education
17
17
years of professional experience
Work History
Finance Manager
Delma Developments
Alexandria , EG
2018.06 - Current
- Reporting to Managing Director, role is hands-on and participative position who looks after overall management of financial operations of organization, and is mainly involved in ensuring that companies’ strategic directions are implemented with right clarity and execution.
- Manage preparation of financial modelling, business plans, Opex/Capex budgets, and ensuring that adequate funding provision is made for all activities.
- Develop and maintains financial accounting systems such as cash management, accounts payable, accounts receivable, credit control, stock management and petty cash.
- Monitored progress and changes of actual compared to forecast and kept senior leadership team abreast of organization’s financial status.
- Supervised and motivated accounting team to accurately perform accounting function including day to day, month-end closing, and accounts reconciliations.
- Ensure that all statutory and tax requirements of organization are met.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Prepared budgets, cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Analyzed financial statements against forecasts to prepare high-level variance analysis.
- Decreased monthly expenditures by 15% through effectively reviewing documents and identifying problem areas.
Senior Financial Reporting Analyst/Country Controller
Amazon
Alexandria
2012.08 - 2018.03
- Acted as key business partner and active member of Amazon Egypt Leadership team to pursue growth opportunities, by providing timely analysis, insightful guidance, and financial leadership to this high-growth organization.
- Supported and enhanced sound business decisions through management and preparation of monthly, quarterly and year-end financial reports to management in UK in accordance with corporate guidelines and IFRS.
- Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly balance sheet statements.
- Lead annual plan and forecasting process, and analytical review of financial variances of budget versus actual performance, and initiated appropriate strategies to enhance cash positions and maintaining liquidity.
- Managed annual external audit process along with any internal audit reviews, in addition to periodic filling of company tax return.
- Proved successful working within tight deadlines and fast-paced atmosphere.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
Accounting Manager
Elsewedy Electric
Cairo
2010.06 - 2012.08
- Supported Financial Director in driving appropriate control environment in line with group policy and IFRS, and delivered insightful, high-quality financial reporting to key stakeholders.
- Implemented robust controls and ensured that all key processes and controls are documented, with key controls set up to mitigate all significant risks.
- Drafted executive analysis reports highlighting business issues, potential risks, and profit opportunities.
- Effectively managed cash flow forecast and initiated appropriate strategies to enhance cash positions and maintaining liquidity.
- Performed financial analysis, and conducted reviews and evaluations for pricing strategies, cost-reduction opportunities, and sensitivity analysis.
- Improved efficiency and accuracy of projects by monitoring and analyzing monthly operating results against budget.
- Monitored expenditure against approved levels on regular basis and investigates and justifies significant variances to ensure effective performance and cost control.
- Supervised and motivated accounting team to accurately perform accounting function including day to day, month-end closing, and accounts reconciliations.
- Prepared interim, and annual statutory financial statements and supported statutory audit, and filling of tax return.
- Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly balance sheet statements.
- Implemented budget and expense controls and financial policies by analyzing income and expenditures.
- Managed accounting operations, including journal entries, collection efforts, reconciliations and payroll processing.
Supervising Senior Accountant
Al-Othman Holding
Dammam,KSA
2007.05 - 2010.04
- Served as Supervising Senior Accountant handling accounting projects, and delegating assignments to accounting team to accurately perform day to day accounting functions.
- Assisted implementation of robust integrated accounting system resulting in improved productivity, more reliable billing and collections, and enhanced reporting.
- Supported financial and operational duties including general ledger, accounts payable, accounts receivable, fixed assets.
- Supported monthly general ledger closing activities, including preparing journal entries and reconciliations.
- Assisted in preparation of monthly financial reports in compliance with industry legislation, (SOCPA) and Regulatory Guidelines.
- Streamlined requests of external auditors and helped manage flow of information and documentation to audit team.
- Enhanced budget administration by reviewing variance reports, leveraging knowledge to strengthen controls and improve transparency.
- Assisted team members in transitioning from GP to Oracle through extensive training and one-on-one support.
- Reconciled accounts and created documents for month-end closure procedures.
Senior Accountant/Cost Accountant
Dar El-Ashaa Group
Alexandria
2003.06 - 2007.04
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Monitored bank reconciliations, and cash flow on weekly, monthly and quarterly basis.
- Monitored inventory levels by conducting physical counts, and reconciling with data storage system.
- Managed accounts payable and coordinated accurate and timely payment to suppliers.
- Supported monthly general ledger closing activities, including preparing journal entries and reconciliations.
- Completed biweekly payroll and maintained employee records.
- Reviewed budgets, including capital appropriations and operating budgets, and communicated findings to senior management.
- Partnered with auditors on annual audits and realized compliance with governmental tax guidelines.
Education
Diploma - International Financial Reporting Standards, IFRS
ACCA
UK 2018.01 - Current
Certified Public Accountant (CPA) - undefined
2019.01 - 2019.05
Postgraduate Diploma - Management Accounting
Alexandria University
2004.09 - 2006.05
Bachelor of Science - Accounting
Alexandria University
Egypt 1997.09 - 2001.05
Skills
Strategic and financial planning
Software
Oracle
Hyperion
MS Dynamics
Languages
English
Arabic
Timeline
Certified Public Accountant (CPA) - undefined
2019.01 - 2019.05
Finance Manager
Delma Developments
2018.06 - Current
Diploma - International Financial Reporting Standards, IFRS
ACCA
2018.01 - Current
Senior Financial Reporting Analyst/Country Controller
Amazon
2012.08 - 2018.03
Accounting Manager
Elsewedy Electric
2010.06 - 2012.08
Supervising Senior Accountant
Al-Othman Holding
2007.05 - 2010.04
Postgraduate Diploma - Management Accounting
Alexandria University
2004.09 - 2006.05
Senior Accountant/Cost Accountant
Dar El-Ashaa Group
2003.06 - 2007.04
Bachelor of Science - Accounting
Alexandria University
1997.09 - 2001.05