Saeed Mohamed ,Dip IFRS

Experience

• 

  Egyptian factories Hassan Hamdy for auto parts

  Sept 2012 - Oct 2014

  Accounts Receivable

  •Full responsibility for the main customer file in the company's accounting system to establish, follow up andarchiving documents to ensure accuracy and completeness with all required information.•Preparation of daily reports(sales- collections- customer balances- debt reconstruction - accounts receivable).•Review customer-level sales invoices to check credit limits and payment method.•Reviewing Aging to customers(local - export) and follow - up receipts.•Review the sales invoices and confirm the offers that are granted to the customer and match them to the monthlyoffers approved according to the procedures followed.•Created new customer accounts and carried out associated data entry into central database, consistently beatingtargets for completion.•Provided supporting documents for external audit. Show less

• 

  Halwani Brothers Egypt

  Nov 2014 - now

  • prepare and analyzed monthly and quarterly financial statements and presented the reports to CFO.• Prepare calculation of IFRS 15 revenue the contract with customers, IFRS 16 lease, and IFRS 9financial instrument Expected credit loss (ECL).• Prepare documentation for annual external audits and ensured compliance with IFRS.• Prepare withholding tax and VAT report and monitored tax regulations.• Manage bank accounts, bank reconciliations, general ledger entries, treasury balance, accrual expenses, and monthly closing.• Reduce month-end closing time by 30% by implementing regular workflow checks. Prepared and analyzed monthly and quarterly financial statements and presented the reports to CFO. •• Prepared calculation of IFRS 15 revenue the contract with customers, IFRS 16 lease, and IFRS 9 financial instrument Expected credit loss (ECL).• Prepare documentation for annual external audits and ensure compliance with IFRS. •Prepared withholding tax and VAT report and monitored tax regulations. •• Managed bank accounts, bank reconciliations, general ledger entries, treasury balance, accrual expenses, and monthly closing. • Reduce month-end closing time by 30% by implementing regular workflow checks. Show less Supervised the accounts payable team and ensured all team members met their objectives.•Developed and implemented policies and proceduresfor the accounts payable department.•Reviewed and approved all invoices and ensured proper documentation and approval before payment wasprocessed.•Maintained accurate and up-to-date vendor records and ensured timely payments were made to vendors.•Managed the accounts payable aging report and identified any overdue or delinquent accounts.•Worked with procurement and finance teamsto resolve any invoice discrepancies or issues.•Prepared and analyzed accounts payable reports and provided recommendationsfor processimprovements.•Ensured compliance with all relevant accounting and tax laws and regulations.•Maintained strong relationships with vendors and resolved any payment-related issuesin a professional andtimely manner. Show less Managed the billing, collection, and cash application processesfor the company’s accountsreceivable function.•Ensured the accuracy and completeness of invoices and receipts and followed up on any outstanding payments.•Maintained customer records and updated them with any changes or adjustments.•Worked with sales and marketing teamsto ensure proper billing of contracts and services.•Prepared and analyzed accountsreceivable reports and provided insights on cash flow and revenue trends.•Reduced variable costs by 15% by consistently analyzing financialstatements.•Ensure the accuracy and completeness of the AR ledger by reviewing and reconciling accounts, identifying, and resolving discrepancies, and maintaining proper documentation and records.•Develop and implement policies and procedures to improve the efficiency and effectiveness of the AR function.•Manage a team of AR specialists, including hiring, training, and performance management.•Provide guidance and support to team members to ensure that they are meeting performance goals and delivering high-quality service to customers.•Collaborate with other departments, such as sales, customer service, and accounting, to resolve customer inquiries and issues related to AR.•Prepare and present reports on AR performance, including metrics such as days sales outstanding (DSO), collection rates, and bad debt reserves.•Ensure compliance with all relevant regulations and standards, such as IFRS.•Other duties as assigned. Show less

  • Chief accounting

    Aug 2018 - now

  • Accounts Payable Supervisor

    Jul 2016 - Aug 2018

  • Accounts Receivable Supervisor

    Nov 2014 - Jul 2016