Mohamed Hamdy Nasr

Work History

Majid Al Futtaim

Riyadh, Riyadh

01.2021 - Current

Responsible for the preparation of the company's financial statements.
Supervise the activities of all the accounting staff [A/P, GL, Payroll].
Oversees month-end closing and year-end closing and coordinates and assigns duties to the accounting staff as needed.
Evaluates departmental performance and makes adjustments to daily operations when needed to ensure the department meets overall goals and objectives.
Provides training, guidance, and direction to employees to ensure work is performed in an efficient, timely, and knowledgeable manner.
Update contracts with the company's members and communicates changes to members accounting staff.
Prepares and provides financial statements, sales reports, analysis, and other reports on a scheduled or unprompted basis.
Maintains and reconciles the fixed assets to the general ledger of the company.
Confers with upper management about budgeting and reviewing strategies to meet overall goals and objectives.

Majid Al Futtaim

Riyadh

01.2016 - 12.2019

Supervised the day-to-day operation of the accounting.
Supervised the general ledger group to ensure all financial reporting deadlines are met.
Reviewed & approved payment vouchers & journal entries.
Innovated consistently new ideas and solutions to meet the most complex and ambiguous company targets& challenges.
Verified LPO's, coding and posted approved expenses as per budget in respective GL Accounts, cost centers and ensure approval per DOA.
Ensured approved payments are released per agreed payment terms and all supporting documents are in compliance with company policies& procedures and approved as per DOA including timely settlement.
Affirm that GRN's are assigned to LPO's on a monthly basis against completed works or services and cumulative monthly provision is revised as required.
Investigated financial issues, analyze root causes and provide resolutions.
Develop and implement policies and procedures with emphasis on internal controls.
Provide training to new and existing staff as needed.
Performed full set of accounts and ensure timely closing of accounts.
Performed project cost forecasts/budgets, cost tracking, monitoring and controls.
Prepared the monthly, quarterly and annual financial reports.
Cooperated with external auditors to carry out annual external auditing.
Responded to inquiries from the General Manager, the Group CFO and Accounting Manager, Group Controller and other managers regarding financial results.
Supported budget and forecasting activities.

Head Office

03.2012 - 12.2015

Worked closely with the Country Finance Manager, CFO to implement a rigorous process of company reporting and monitoring.
Played a vital role in improving and maintaining the financial standing of our company, to achieve our company financial strategy and policy.
Controlled general& operating expenses and staff cost for head office.
Spearheaded the connection between H.O& stores and total KSA with INTH.O& other countries.
Trained on and mastered JD Edwards ERP application.
Assisted in and controlled preparation of payroll including deductions.
Assisted with annual audit processes, including gathering supporting audit evidence and responding to auditor queries.
Created and implemented worksheets, which helped to save thousand of dollars for the company.
Improved supplier satisfaction 90% through control all supplier payments and assured that all payment done in timely fashion.
Established good working relationships with suppliers.
Taken an active leadership role to coach my Co-workers, provide inputs and guidance for them to reach the world class results.

H.Account & Audit Office and at Mohamed Hussen Abdl-latif's Accounting Office

10.2008 - 12.2011

Prepared journal entries and reconciled it to American journals.
Preformed and balanced monthly and annual trial balances to check the mathematical and arithmetic of accounting operations.
Participated in the preparation of final accounts, balance sheet and cash flows.
Audited all reconciliation of journal entries in the American journals.
Monitored journal entries in accounting documents using principles, policies and accounting standards generally accepted.
Reported the auditing results to the accounting department.
Collaborated in and corrected the financial statements and final accounts.