Tamer Eid

Experience

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  Town Gas

  Oct 2000 - Apr 2001

  Accountant

  • co-ordinate with concerned department and discuss / review matters pertaining to cost and commitments.• Prepare quarterly cost reports, compare actual against budget, make appropriate comments, and generate periodic reports for concerned departments / services analyze cost, perform variance analysis and giving recommendations.• Allocate cost code to invoice. • Allocate accounting code.

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  Egyptian Natural Gas Company (GASCO)

  Apr 2001 - Mar 2009

  Senior Accountant

  • Review supplier’s dues, applying the financial obligations in the contracts according to the contract’s terms and conditions. • Creating journal entries for the transactions• Working using oracle applications (11i application) as a key user in distributing the journal entries on the system by changing the entries into codes.• Processing invoices and check requests promptly and accurately matching of invoices, purchase orders and receivables. • Routing of invoices for appropriate approval vendor setup and maintenance.• Answer vendor inquiries, account analysis and address all other vendor issues on a timely basis.• Preparing the financial reconciliation to the banking statement.• Preparing the letter of credit (L/C) & CAD according to the importing materials.• Preparing the company budget according to the cash in – out flow.• Following-up the company loans• Using General Ledger Oracle application. Show less

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  Tanmia Petroleum Company

  Mar 2009 - Mar 2014

  Accounts Payable Manager

  • Following up invoices for discrepancies coding.• Handle all aspects of the weekly accounts payable check run month end close.• Initiating and recording international and domestic wires • Audit conventions and agreements between the companies selling the products before signing it, expressing opinions by the financial.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.• Maintaining an actual versus budget overview, in which variances and potential causes are identified and analyzed.• Establishing and maintaining financial records systems in accordance with standards and accounting principles.• Coordinating the preparation of financial statements, financial reports, special analyses, and information reports.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.• Support the monthly financial closing activities and ensure deadlines are met and compliance with all statutory requirements.• Establishing and implementing policies and operating procedures; monitoring and evaluating effectiveness and recommending changes required for improvement.• Assist in maintaining an actual versus budget overview, in which variances and potential causes are identified and analyzed.• Preparing needed analysis for forecast reviews, financial statements, and budget. Show less

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  Egyptian Natural Gas Company (GASCO)

  Mar 2014 - Oct 2019

  Assistant Financial Manager

  Onward working as an Payable Manager in Financial dept. in Tanmia petroleum co. – Responsible for:• Following up invoices for discrepancies coding.• Handle all aspects of the weekly accounts payable check run month end close.• Initiating and recording international and domestic wires• Audit conventions and agreements between the companies selling the products before signing it, expressing opinions by the financial.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.•• Coordinating the preparation of financial statements, financial reports, special analyses, and information reports.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.• Support the monthly financial closing activities and insure deadlines are met and compliance to all statutory requirements.• Establishing and implementing policies, and operating procedures; monitor and evaluating effectiveness and recommend changes required for improvement.• Assist in maintaining an actual versus budget overview, in which variances and potential causes are identified and analyzed.• Preparing needed analysis for forecast reviews, financial statements and budget.Professional in the following computer programs: -- MICROSOFT WINDOWS- MICROSOFT EXCEL- MICROSOFT Word- MICROSOFT POWER POINTADDITIONAL ASSIGNMENTS- Being a member of the startup team for the new oracle system accounts payable.- Being a member of the startup team for the new oracle system accounts receivables & projects cost control.- Being a member of the vendors committee which responsible for choosing the vendors to make GASCO vendors list.▪ Implementation and startup of the Oracle Modules Which Are:-- General Ledger-GL- Budget -Bud- Accounts Payables -AP- Accounts Receivable -AR- Cash Management -CM- Enterprise Asset Management (EAM)- Project Costing Show less

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  Red Sea National Petrochemicals Co.

  Oct 2019 - now

  Chief Financial Officer

  • Preparing investment budget and running costs.• Controlling all project costs and purchasing requests.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.• Maintaining an actual versus budget overview, in which variances and potential causes are identified and analyzed.• Establishing and maintaining financial records systems in accordance standards and accounting principles.• Coordinating the preparation of financial statements, financial reports, special analyses, and information reports.• Providing support to managers in planning initiatives, through management and financial information analyses, reports, and recommendations.• Support the monthly financial closing activities and ensure deadlines are met and compliance to all statutory requirements.• Establishing and implementing policies and operating procedures; monitor and evaluating effectiveness and recommend changes required for improvement.• Assist in maintaining an actual versus budget overview, in which variances and potential causes are identified and analyzed.• Preparing needed analysis for forecast reviews, financial statements, and budget.• Following up the bank credit line, loans and reconciliation of bank account and cash.• Managing L/Cs opening and custom clearance of the shipments of the raw materials and spare parts of the production line.• Preparing needed journal entries, posting and trail balance.• Responsible for Controlling and analyzing accounts receivables & payable.• Responsible for Controlling and analyzing inventory accounts.• Prepare frequent sales training to enhance the company’s product knowledge.• Receive and process customer’s contract.• Follow up the customers and distributors need.• Prepare and present accurate sales reports to the channel manger and to the sales operation regarding the quota reports on daily, weekly and monthly basis. Show less