Rasmy Ishak

Experience

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  MAGICTEL

  Aug 2005 - Jul 2007

  Tax Manager

  1- Examining records of departments to ensure proper recording of transactions and compliance with applicable laws.2- Developing, setting –up, and maintaining reporting systems that provide control of tax expenditures.3- Implementing corporate tax strategy.4- Ensuring compliance with local laws.5- Advising management regarding tax matters.6- Responsible for coaching, managing and mentoring junior tax staff.7- Making sure that the group of companies are not overpaying their taxes and are maximizing their tax benefits & deductions as per the tax law. 8- Setting up A complete organized archiving system to make sure that the company is continuously ready for tax audits. Show less

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  Magic Shop

  Aug 2007 - May 2009

  Account Manager

  • Daily sales review to know the volume of cash in the branches or daily visa payment. • Follow-up of bank cash deposits in branches and review of bank account statements to confirm payments by Visa.• Entering invoices on the account system to reduce the stock according to the sales sent and review the goods balances in the branches.• Review and classify the inventory between good for sale, damaged and maintenance.• Reviewing the general expenses disbursed from the branches according to the issued approvals to reduce the branches' cash balances.• Preparing reports to clarify the current position of cash flows to pay the• Preparing reports to clarify the current position of cash flows to pay the necessary dues from suppliers and others.• Preparing a balance sheet ending months .• Review reports of sales tax (Starting from four branches until the branches reached the number of 60 pumpkins currently . Show less

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  MAGICTEL

  Aug 2009 - Jul 2022

  Finance Manager

  Financial manager :• Develop financial strategic plans for the group including development of monthly/quarterly consolidated financial statements for the group, financial forecasts and budgets & provide leadership to the finance team.• Review daily report for all functions of finance /accounting department.• Preparing reports for external company (Auditing, Banks, government guidelines Preparing and analyze financial report and give relevant opinion for management director.• Prepare cash flow daily (incoming & outgoing) and invest funds • Review monthly payroll and commotion,Audit and signs the expenses documents. Issuance of quarterly and annual audited stand alone and consolidated financial statements.• Evaluate the performance of all subsidiaries and division, identify risks and opportunities and make recommendations for improving the financial operations and financial position of the group.• Analyze actual results to budgets and forecasts,Co-ordination on taxes and other official bodies.• Leading the finance team and ensuring high level of internal control.• Preparing the annual budget to be approved by the board of directors. • E-payment operation : April 2013 • Follow-up of companies' bank deposits to pay dues to electronic payment companies ( Bee, Masary, Fawry ).• Follow-up of inventory balances and delegates' collections from electronic payment daily.• Follow-up of incoming commissions and discounts for companies' electronic payment system.• Follow up the sales reports of the electronic payment companies system and compare them with the representatives' sales reports in the company’s accounts system.• Import: ( Aug. 2016 )• Reviewing the invoices from the shipping company and evaluating the prices of imported goods for their suitability, the competitive price in the market.• Follow-up of deposits, bank procedures and customs clearance until the goods arrive at the port. Show less

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  Rofyda General contracting Co.( Giza) and Rofyda for trading and distributing foods Co.

  Jul 2022 - now

  General Manager Finance

  Financial Strategy:• Develop and execute a comprehensive financial strategy aligned with the business objectives and digital banking industry trends.• Manage financial position and balance of the company.• Lead partnerships development in frame of liquidity pools acquisition.Budgeting and Forecasting:• Lead the budgeting and forecasting processes• Provide accurate and timely financial information to support decision-making.Risk Management:• Implement effective financial risk management practices to safeguard the financial interests of the organization.Compliance:• Ensure compliance with relevant financial regulations and industry standards.• Support required licenses acquisition processes.• Pass through official audits and internal audits on group level.• Manage relationships with regulators and other authorities to ensure full compliance with the regulatory environment and to meet company’s financial goals.Financial Reporting& Analysis:• Oversee the preparation of financial reports, statements, and analyses.• Presenting findings to the executive team and stakeholders.Cash Flow Management:• Manage cash flow effectively to support daily operations and strategic initiatives.• Collaboration:• Work closely with other executives and departments to provide financial insights and support cross-functional initiatives.Cost Control:• Monitor and analyze the company’s cost structure to identify opportunities for cost reduction.• Review and approve major expenses and capital investments.• Implement cost-saving initiatives to enhance profitability.Team Leadership:• Build and lead a high-performing finance team.• Fostering a culture of collaboration, innovation, and continuous improvement. Show less