Mohamed Elmansy Youssef
Chief Accountant
Riyadh
Summary
Chief Accountant successful at working with diverse personalities and experienced in busy office settings. Knowledgeable in • Budgeting • Forecasting • Financial and Business Analysis • Financial Reporting Generally Accepted Accounting Policies (IFRS) • Cost Accounting • Variance Analysis • Profit and Loss (P&L) • Risk Management • Cost Reduction • Consolidation • Project Management • Accounts Payable & Receivable • Account Reconciliation • Financial Statements
• Financial Reporting & Analysis • Inventory Management • Standard Cost Analysis • Variance Analysis • Inventory and Asset Management • Internal Controls • Process Improvement.]. Offering successful career history comprising more than [14] years.
Overview
14
14
years of professional experience
2
2
Languages
Work History
Accounts Payable Supervisor
Extend Ad Network
Riyadh
01.2023 - Current
- Matching , recording and approval (by SAP) all the suppliers transactions (invoices , payments , credit notes and adjsatments ) after reviewed.
- Present and follow up reports for all issues , variances not matched invoices with PMO & Procurement
- Preparing Aging List for Payables report as weekly basis
- Preparing VAT report related to the suppliers end of month.
- Preparing the supplier confirmations quarterly.
- Approving all the POs in SAP after review .
- Reviewing all the supplier databases in SAP.
- Reviewing all the budgeting for Media with the acctual counsmputions monthly basis .
- Preparing operation budgeting for media & non media activits
- reviwing and aprroval all the payment vouchers for the ( supplires & admin expanses & related party , sister companise , payrolls , pettycash )
- reviwing supplire traial balnce weekly basis.
- Cheacking , reviwing all the transactions poted to G/L
- Prerparing report for system issus and solving it with IT.
- Preparing costing report per project task and suppilre
Treasury & Group Trade Finance Expert
Electrolux Egypt for home Appliances (H&Q)
Cairo
04.2019 - 10.2022
- Responsible for all the payments related to foreign suppliers related to the group.
- Collect bank statements from the business units AR &AP team with need bank data
- Preform day-to-day treasury operations of cash & Trade Finance transactions to ensure that work processes are implemented as designed and comply with established polices , processes and procedures.
- Using ( HSBC ,Arabi ,CIB , CA , QNB ) Online banking trade services related to transactions ( direct transfers , LCs issuance , IDCs ) .
- Assisting in supporting operation sector and the commercial sector.
- Preparation of all bank forms for issuance of letters of credit and import documents for collection.
- Preparation of internal Reports for Trade Finance.
- Supervising of all trade processing and monitoring of trade finance products including (LCs , IDCs, lGs, All transfers related to Raw martial , finished products , spear parts , fright , logistics and services .
Senior Accounts Payable Accountant
Electrolux Egypt for home appliances (Manufacturing sector)
10,of Ramadan
05.2015 - 03.2019
- Process all purchases (supplier invoices) and refunds (credit notes) foreign and local suppliers.
- Preparing Aging List for Payables report every week and present it to finance manger
- Preparing confirmations of supplier balances every quarter
- Reconcile supplier accounts and resolve differences
- Reconciling supplier balances with general ledger accounts
- Matching the suppliers invoices with good
receipts . - Preparing material overhead cost per Item
- Distributions direct cost , indirect cost per shipment and Item
- Assist various month end closing related works
Monthly reconciliation of payable accounts, accrued, prepaid expenses updating and reconciling the sub ledger to the general ledger. - Verify appropriate approvals of invoices, investigate, resolve accounts payable issues
- Monthly reconciliation workers for supplier balances
- Balanced accounts associated with accounts payable process.
- Processed accounts payable through [ Oracle ERP system ] platform.
- Provided journal entries and performed accounting on accrual basis.
- Prepared working papers, reports and supporting documentation for audit findings.
- Reviewed accounts, resolved coding areas, and tracked recurring expenses for accrual entry.
- Maintained integrity of general ledger and chart of accounts.
- Collected and reported monthly expense variances and explanations.
Accounts Receivable Accountant
Electrolux Egypt for home appliances (After sales service sector)
Cairo
06.2012 - 04.2015
- Record accounting documents (bills of sale / cash receipts / and return of sales) on system.
- Make Income statement for each branch.
- Identified and implemented process efficiency improvements.
- Identified procedural or executional issues and assisted in development of remediation plans.
- Managed past due balances, financial inquiries and other accounts receivable functions.
- Monitored timely collection and application of account receivable collections.
- Controlling on the branches Accountants.
- Review transaction of revenues and expenses.
- Review of deposits in the bank.
- Entry of expenses and distribute it on cost centers.
- Breakdown of revenues and expenses.
- Report the results of the work business and submitted to the Financial Manager.
- Review procedures and ensure the application of company policies in the sale, purchase and replacement.
Stock Control Accountant
Electrolux Egypt for home appliances (After sales service sector)
Cairo
10.2008 - 05.2009
- Handled day-to-day accounting processes to drive financial accuracy.
- Detected and corrected mistakes early on and implemented systems to avoid recurring issues.
- Prepared working papers, reports and supporting documentation for audit findings.
- Make monthly reconciliations of inventory balances.
- Reconciling the actual inventory and presenting the results of the inventory to the senior management.
- Review the cost of inventory and ensure its accuracy.
- Responsible for 8 warehouses spare parts stores, complete production and damaged stock, at the level of branches and the main center.
Education
BBA - Accounting And Finance
Ain Shams University
Egypt 09.2004 - 07.2008
Diploma in Financial Accounting - Accounting And Finance
Ain Shams University
Egypt 09.2010 - 07.2012
Skills
SAP Business ByDesign
undefinedTimeline
Accounts Payable Supervisor
Extend Ad Network
01.2023 - Current
Treasury & Group Trade Finance Expert
Electrolux Egypt for home Appliances (H&Q)
04.2019 - 10.2022
Senior Accounts Payable Accountant
Electrolux Egypt for home appliances (Manufacturing sector)
05.2015 - 03.2019
Accounts Receivable Accountant
Electrolux Egypt for home appliances (After sales service sector)
06.2012 - 04.2015
Diploma in Financial Accounting - Accounting And Finance
Ain Shams University
09.2010 - 07.2012
Stock Control Accountant
Electrolux Egypt for home appliances (After sales service sector)
10.2008 - 05.2009
BBA - Accounting And Finance
Ain Shams University
09.2004 - 07.2008
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