Alaa Elsafty

Experience

• 

  Assets Group

  Jul 2008 - May 2015

  Senior Accountant

  • Review and post financial transactions, including supporting documents with proper descriptions and ensure compliance with accounting standards.• Prepare monthly accounts reconciliation and adjustment entries.• Supervise accounting modules AP, AR, GL, fixed assets, and cash management.• Manage month-end closing and year-end closing process.• Prepare financial statements and follow up with auditors PwC.• Follow-up tax audit and needed analysis with supporting documents.• Review and recommend modifications to accounting system and procedures. عرض أقل

• 

  OLA Energy

  Sept 2015 - Oct 2023

  • Develop and implement planning and budgeting (P&B) process for the affiliate.• Budget coordination, analysis for investment activities and budget release.• Manage capital and operational budgets including management approval, budget release, and tracking / reporting of spend versus plan budgets.• Manage the allocation of budget across the departments to ensure complete adherence and highlight any deviation from the plan promptly and take corrective action as necessary and in line with the approved governance process.• Enable continuous improvement by providing prompt & accurate reporting of performance.• Establish the metrics needed to measure business performance and recommend a go-forward strategy to address performance gaps.• Support business heads, recommend approaches for executing high-level strategies and develop creative solutions. عرض أقل • Develop and implement pricing strategies that maximize profit while ensuring competitive pricing.• Analyze customer and market trends to determine appropriate pricing.• Monitor and update pricing as needed to reflect changes in the market.• Collaborate with other departments to ensure pricing accuracy and alignment with company goals.• Prepare pricing reports and analyses for senior management.• Collaborate with senior management to develop and execute strategic initiatives, ensuring alignment with organizational goals.• Analyze data and prepare reports to provide insights that guide decision-making and improve operational performance.• Oversee special projects, from planning to execution, ensuring timely delivery and successful outcomes. عرض أقل • Help in budget preparation and estimation of sales volume, margins, and overheads.• Prepare and analyze monthly variances between actual results vs. budget.• Prepare required analysis to help management in the formulation of its strategic direction.• Allocate common/shared costs and overheads to business lines and product groups.• Review sales, cost of sales and inventory accounts (GL vs sub modules).• Prepare reports of gross margin, cost of sales, bill of material BOM, slow-movement and inventory evaluation NRV as well as generate customized reports upon request.• Analyze clearing accounts general ledger and sub modules to make required corrections, if any.• Help in month-end and year-end closing process, prepare adjustments as necessary and follow up with auditors EY. عرض أقل

  • Planning and Reporting Manager

    Aug 2022 - Oct 2023

  • Business Support and Pricing Manager

    May 2021 - Jul 2022

  • Cost and Budget Controller

    Sept 2015 - Apr 2021