Mohammed Mohsen Tawfeq Hafez
Cairo,Egypt
Summary
Dynamic Finance Manager with strengths in financial operations and strategic planning. Manages financial reporting, budgeting, and forecasting to support organisational goals. Delivers insights through thorough financial analysis, enhancing decision-making and operational performance.
Overview
24
24
years of professional experience
Work History
Finance Manager
Town Gas Company Ltd.
Cairo, Egypt
11.2002 - Current
- Managed accounts payable and receivables, ensuring accurate invoicing and account reconciliation to enhance cash flow management.
- Managed financial operations, including budgeting, forecasting, and financial reporting, to support business objectives.
- Managed cash flow to optimise liquidity and ensure availability of funds for operational needs.
- Oversaw month-end and year-end close processes, ensuring accuracy and timeliness of financial statements.
- Reviewed and approved financial transactions, enforcing expenditure controls to safeguard organisational resources.
- Coordinated with external auditors to facilitate annual audits, achieving clean audit reports.
- Monitored expenses, income, budgets and petty cash records and acted upon errors.
- Evaluated finances to assess budget and controls and identify areas for improvement.
- Executed year-end audits, working with external auditors to confirm clean financial audits and implementing any improvement suggestions promptly.
- Coordinated smooth operation of monthly payroll, facilitating timely employee payments.
- Trained and mentored junior finance team members in accounting processes to enhance overall team performance.
- Prepared management accounts and budget-holder reports, identifying significant trends and variances.
- Trained and supervised finance team members, promoting a culture of continuous improvement and professional development.
- Helped managers set budgets based on forecasts and available resources.
- Produced year-end financial statements in line with regulatory standards.
- Controlled expenditure, oversaw recordkeeping and monitored compliance with standards.
- Improved organisation's financial health and operational viability.
- Monitored compliance with statutory obligations and financial regulations, avoiding penalties and fines.
- Developed and implemented strategic plans to enhance financial performance through targeted expense reduction and profit maximisation initiatives.
- Handled customer and employee finance queries, complaints and concerns, resolving with balanced solutions.
- Reported on financial situation to guide decision-making and budget formulation.
- Tracked and logged expenses, ensuring spending remained within approved budgets.
- Assessed financial strengths and weaknesses of company strategy.
- Established and maintained productive client relationships.
- Established daily priorities and organised workloads to maximise productivity.
- Updated company financial policies and procedures to enhance internal control over accounting and other management systems.
- Liaised with banks and financial institutions to secure funding and manage corporate finance activities.
- Prepared detailed financial reports for senior management, highlighting performance against key financial indicators.
- Increased transparency of financial operations to prepare for external audits.
- Kept up-to-date with changes in financial regulations and legislation that may impact company or future financial decision-making.
- Collated, prepared and interpreted reports, budgets, accounts and financial statements to assist senior management decision-making.
- Implemented a new financial management software, enhancing data accuracy and reporting capabilities.
- Oversaw investments, operating cash, credit cards and all treasury functions.
- Partnered with senior operations leadership on budgetary and financial management decisions.
- Identified financial data discrepancies, investigated causes and proposed solutions.
- Maintained and updated fiscal calendar for audit schedule, tax reporting and other reporting deadlines.
- Directed financial team, established controls and set policies for optimum operational results.
- Enhanced revenue recognition processes, improving accuracy and timeliness of income reporting.
- Provided financial analysis support for strategic initiatives, including mergers and acquisitions.
- Conducted comprehensive variance analysis to explain deviations from budget and forecast.
- Analysed financial data to identify trends, perform risk assessment, and recommend strategies for growth.
- Oversaw all financial business affairs, verifying they are conducted legally and professionally with full regulatory compliance.
Education
A-Levels - English Course
American University
Cairo01-2012
Certificate of Higher Education - Bachelor of Commerce Department
Ain Shams Universty
Cairo01-2002
Skills
- Financial reporting
- Financial analysis
- Budget management
- Cash flow management
- Variance analysis
- Treasury management
- Expense control
- Regulatory compliance
- Audit coordination
- Risk assessment
- Process improvement
- Software implementation
- Data analysis
- Excel proficiency
- Strategic planning
- Client relationship management
- Cash flow management
- Team leadership
- Statement preparation
Core Competencies
- Ability to work effectively under pressure and meet tight deadlines
- Creative problem-solving and analytical thinking
- Strong decision-making in fast-paced environments
- Analytical Thinking
- Ability to Work Under Pressure
- Time Management
- Attention to Detail
- Advanced Excel (Pivot Tables, Power Query, VLOOKUP/XLOOKUP)
- Advanced SAP User – Financial Accounting & Controlling
- Hands-on experience with SAP
- Managed financial transactions and reporting using SAP FI module
Languages
- Arabic : Native Tounge
- English : Advance
Computer Skills
- Proficient in MS Office Applications
Timeline
Finance Manager
Town Gas Company Ltd.
11.2002 - Current
A-Levels - English Course
American University
Certificate of Higher Education - Bachelor of Commerce Department
Ain Shams Universty