Mohamed Sayed Ali

Experience

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  الجندى موتورز- Elgendy Motors

  Jan 2012 - Dec 2013

  General Accountant

  - Reviewing / preparing of daily journal vouchers for all expenses with all supporting documents.- Checking / reviewing of journal vouchers for correctness and proper approval.- Checking the correctness of all the daily transactions entered in the accounting systems. - Preparing credit card reconciliation on a daily basis.- Preparing monthly cash budget.- Coordinating different departmental heads to make sales and expenses budget.- Keeping up to date record of all accounting transactions.- Daily posting of all transactions for the transaction executed.- Providing any financial information needed at a store or company. - Preparing bills of sales and purchase of a final (before discount and sales tax) and initial bills either manually or through accounting system (EL MOTAMMEM and PEACHTREE).- Preparation of trial balance & analysis. - Preparing all types of tax returns. Show less

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  Contact Financial Holding

  Jan 2014 - Apr 2021

  - Provide backup support to other groups in the accounting department, type periodic reports and perform other general administrative duties- Updates receivables by totaling unpaid invoices.- Resolves collections by examining customer payment plans, payment history, credit line; coordinating contact with collections department.- Summarizes receivables by maintaining invoice accounts; coordinating monthly transfer to accounts receivable account; verifying totals; preparing report.- Protects organization's value by keeping information confidential.- Reconcile the A/R ledger to ensure that all payments are accounted for and properly posted.- Performing day to day financial transactions, including verifying, classifying, computing, posting and recording accounts receivables’ data.- Processing accounting receivables and incoming payments in compliance with financial policies and procedures.- Assist with General Ledger transaction entry and bank reconciliations.- Prepare Commission Checks for sales department and refund checks for clients. - Perform accounting functions as assigned including, but not limited to book, reconcile and report in-force premium, direct written premium and loss fund balance, retro accrual, cash, cash applied to A/R, bad debt allowance and non-admitted A/R on a monthly basis as well as for any GAAP vs. STAT differences.- Prepare all of steps about Automated Clearing House - ACH to collect installments of the clients, record it in accounting system and ensure that settle correctly.- Prepare all external policy of the clients and record it monthly.- Prepare the prepaid accounts, record it monthly.- Prepare A/R insurance transactions for installments cash or banks daily and follow up with collection department to collect the receivable. - Close some accounts for A/R and insurance quarterly.- Check / Prepare Claims checks for total loss clients and Partial loss daily.- Analysis some accounts related A/R and insurance daily. Show less - Analysis to be completed for banking and attached to bank deposit slips.- All documentation to be filed correctly for bank reconciliation purposes. - Record Bank IN, Bank OUT and GL entries.- Ensure that all bank transactions are accurate and timely processed into the accounting system. - Petty cash analysis completed daily and prepared for processing into accounts system.- Get bank statements daily with which to do bank reconciliations.- Preparing credit card reconciliation on a daily basis.- Prepare all steps of custodian, processed into the accounting system and ensure the deduction of amounts from different bank accounts.- Prepare the bank interest which was deducted and ensure the amounts deducted on the bank statement monthly as HMDB, Admin fees.- Prepare accrual interest expense analysis for our accounts monthly.- Prepare T.B's and T.D analysis, recording it in the financial system and ensure that the matured is correct daily and monthly. - Analysis of investment income.- Analysis for payments of the interest (long & short term).- Ensure statutory deductions are timely prepared and paid. - Petty cash to be counted and reconciled daily.- Assist on preparation of payroll into the accounting system. Show less

  • Senior Accountant

    Jul 2016 - Apr 2021

  • Senior Accountant Bank Reconciliation

    Jan 2014 - Jun 2016
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  Freelance

  Jan 2017 - now

  Financial Consultant

  - Build financial models in excel based on historical information and other available industry-specific operating metrics.- Conduct scenario analysis based on microeconomic and macroeconomic factors to access business risk.- Evaluate companies using various financial valuation methods, such as DCF, comparable company analysis, capital structure analysis, etc.- Conduct scenario and sensitivity analysis with the intent to support investment activities.- Challenging to clients to determine their expenses, income, insurance coverage, financial objectives, tax status, risk tolerance, or other information needed to develop a financial plan.- Answering client questions about financial plans and strategies and giving financial advice.- Advising strategies for clients in insurance coverage, investment planning, cash management, and other areas to help them reach financial objectives.- Reviewing client accounts and plans on a regular basis to understand if life or economic changes, situational concerns, or financial performance necessitate changes in their plan.- Analyzing financial data received from clients to develop strategies for meeting clients' financial goals. Show less

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  MQR

  Jan 2020 - Jun 2022

  Finance Manager

  - Monitor financial operations within the company, such as payroll, invoicing, and other transactions.- Oversee financial department employees, including financial accountant and interns.- Contact outside services for tax preparation, auditing, and banking.- Track the company's financial status and performance to identify areas for potential improvement.- Seek out methods for minimizing financial risk to the company.- Provide insightful information and expectations to senior executives to aid in long-term and short-term decision making.- Review financial data and prepare monthly and annual reports.- Present financial reports to board members, stakeholders, executives, and clients in formal meetings.- Stay up to date with technological advances and accounting software to be used for financial purposes.- Establish and maintain financial policies and procedures for the company.- Understand and adhere to financial regulations and legislation. Show less

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  Robusta Technology Group (RTG)

  May 2021 - Nov 2023

  Senior Financial Accountant

  - Review financial data and prepare monthly and annual reports along with the monthly cash budget.- Track the company's financial status and performance to identify areas for potential improvement.- Audit all the daily transactions entered into the accounting systems.- Advise colleagues and executive management on decisions related to the company’s finances.- Support project analysis, validation of plans, and ad-hoc requests.- Prepare bank accounts and credit card reconciliation on daily basis.- Coordinate with different departmental heads to ensure the sales and expenses budgets are on track.- Responsible for sales and purchase invoices, entering them into the Company accounting system (ODOO) along with finalizing the E—invoices & uploading them on the governmental portal.- Analyze & finalize the trial balance.- Responsible for all types of tax returns. Show less

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  Algebra Ventures

  Oct 2023 - now

  Head of Finance

  - Evolve internal finance and accounting systems and processes to a world class venture capital standard and in accordance with generally accepted accounting principles (IFRS)- Drive the annual valuation, audit, and tax reporting processes across all entities in coordination with the external fund administrator, tax/audit partners, and firm leadership- Build and manage a high quality budget and forecasts for the management company and funds- Manage and implement the valuation policy- Correspond with LPs on all finance and operations matters, including for fundraising, reporting, and administrative requests- Prepare for operational due diligence processes in conjunction with fundraising- Support the management of third-party service providers including HR/payroll, banking, insurance, IT/cybersecurity, and compliance- Maintain a current and accurate view of portfolio company cap tables and support the management of data relating to portfolio company performance and reporting- Managing external fund administrator and accounting- Managing annual audits for both funds across 3 entities- Prepare and manage quarterly financial reports for both funds across 3 entities- Developing and updating internal budgets- Managing cash positions and bank relationships- Identify, measure, and assess the fund performance KPIs- Oversee and develop accounting processes and procedures. - Initiate and review capital calls- Ensure proper documentation of portfolio investments- Keeping record of internal books- Review invoices and process payments- Responsible for tax returns and payments- Managing bookkeeping process of Egyptian entity and produce monthly financialreports- Develop and review regulatory reports across all entities Show less