Bassem Farouk Email & Phone Number

Cairo, Cairo Governorate, Eg

Cairo, Egypt

Auditing and ensuring accurate monthly closing transactions for more than 8Kemployees. Meeting payroll operational standards by providing information for strategic plans andreviews Ensuring quality and customer service standards, resolving problems and identifying systemimprovements. Preparing Head Count & Cost Reports for Top Management. Monthly monitoring, analyzing and reporting of Staff cost. Preparing the employee’s end of service benefits, including… Show more Auditing and ensuring accurate monthly closing transactions for more than 8Kemployees. Meeting payroll operational standards by providing information for strategic plans andreviews Ensuring quality and customer service standards, resolving problems and identifying systemimprovements. Preparing Head Count & Cost Reports for Top Management. Monthly monitoring, analyzing and reporting of Staff cost. Preparing the employee’s end of service benefits, including the issuance of servicecertificate after obtaining proper clearance. Reviewing , Validating and Deploying Merit and Annual Increase Establishing a wide network of relations with all banks in Egypt to get better offersand facilities for our employees. Transferring Payroll Files to the various banks. Developing Monthly report of seconded Cost. Verifying figures, allowances and other payroll elements of seconded employees withEtisalat UAE payroll team Payment of Board of Directors salaries , Bonus and allowances. Validating attendance sheet of Audit Committees , BOD Meetings and GAM Reviewing foreign currency transaction analysis and its impact on financial results. Validating payment transfers after checking foreign currencies availability and validatingpayment matrixManaging the Outsourcing Services invoices and Payment for the outsourcing companies. Controlling the HC between Etisalat Misr and Etisalat UAE for the Offshoring Account. Reviewing Monthly Accruals and GL entries of related financial accounts. Preparing foreign currency transaction analysis and it’s impact on financial results Proving Top Managing month Monthly Reporting for Financial Expenses and their impact. Managing and Controlling yearly Budget for different departments. Selecting the Medical and Life Insurance Provider on Yearly basis as a Member of EtisalatMisr Medical Committee. Show less

Cairo, Egypt

 Validating directly with Outsource Vendor representatives the calculations of outsourcestaff cost, and Payroll accuracy. Verifying the payroll run with HR and Outsourcing Vendors. Validating KPIs Achievement Salary Tax, VAT and Social Insurance Calculation and Validation. Paying Monthly Social Insurance Dues to Social Insurance Authority after Reconciliation with HRTeam. Approving Monthly transfer of Outsource Payroll. Issuing Manual Checks.… Show more  Validating directly with Outsource Vendor representatives the calculations of outsourcestaff cost, and Payroll accuracy. Verifying the payroll run with HR and Outsourcing Vendors. Validating KPIs Achievement Salary Tax, VAT and Social Insurance Calculation and Validation. Paying Monthly Social Insurance Dues to Social Insurance Authority after Reconciliation with HRTeam. Approving Monthly transfer of Outsource Payroll. Issuing Manual Checks. Preparing Internal and external Audit requirements. Discussing audit reports with management. Reviewing and validating consultant contracts in alignment with Legal Team and ContractingTeam. Examining consultant attendance data received from HR benefits Team. Providing Financial Budgeting Team with actual expenses of Monthly staff cost and analysis peraccount and Cost Center. Going over new contracts between the company and the Banks. Responsible for performing the day- to-day general ledger accounting, financial reporting andanalysis for assigned functional areas. Monitoring employee database system through recording and updating new hires,resignations, transfers etc. in order to ensure accurate database. Show less

Cairo, Egypt