Loay Esmat Email and Phone Number

Responsible for the following tasks: • Ensures an accurate & timely month, quarter & year-end closing providing all necessary analysis.• Reviewing Invoices related to Utilities, Community & Installments & Rent.• Review all Payments and PDC’s .• Bank Reconciliation and PDC’s reconciliation at the end of the month with banks certificates.• Perform customers monthly analysis & aging Reports.• Managing and overseeing the daily operations of the AR department.• Support Audit related Activities to AR department.• Monitoring and analyzing accounting data and produce financial reports or statements.• Develop and document business processes and accounting policies to maintain and strengthen Credit control.• Ensure all month-end entries are passed in system Sage ACCPAC (ERP) like prepayments, Invoices & Receipts etc.• Communicating with other departments (collections, legal & CRM) to handle clients over dues & inquires.• Resolve complex collection issues and establish good relations with accounts to settle outstanding balances.• Contribute in recruiting process for the new team members.

• Setting objectives for the AR team that aligns with finance department goals.• Organize records of invoices, bills & deposits.• Develop and maintain the company credit policies and associated procedures.• Supervise every aspect of a company’s AR accounting function.• Delegate financial responsibilities to accounting team, assign and review staff’s work.• Negotiate with clients in non-payment cases.• Review AR financial statements and Approves refund checks for clients.• Prepare monthly & annual reports.• Assist in making key business decisions by providing financial analysis.• Support External Audit with trial balance & other analysis to generate Balance sheet.

Accounting Supervisor, Emaar Properties. Oversee, review and prepare a variety of journal entries, including accounts receivable aging analyses, audit and post cash receipts. Maintains and balances subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies. Analyze financial information and summarize financial status. Provide metrics and specific reporting to senior management. Supervise every aspect of a company’s AR accounting function. Delegate financial responsibilities to accounting team, assign and review staff’s work. Audit bank reconciliations. Prepare & Review AR financial statements. Support month-end and year-end close process. Assist in making key business decisions by providing special analysis.

Senior Accountant Receivable Department, Emaar PropertiesEmaar Properties PJSC, a Dubai-based Public Joint Stock Company listed on the Dubai Financial Market, is a global property developer and provider of premier lifestyles.Experience Summary: Ownership for the monthly AR close process including reconciliation of the AR sub-ledger to the General Ledger. Maintains the monthly analysis of all general ledger accounts relating to sales, accounts receivables.Manage the monthly reconciliation of other AR related accounts (such as unapplied cash, unclaimed credits, clearing, accrual, bad debt, charge-backs, withholding and sales tax).Assists in preparing financial reports & monthly statement.Essential Duties and Responsibilities: Preparation of Journal Entries for Monthly Activity Preparation and Analysis of Monthly Financial Reports Prepare deferred revenue schedules and journal entries to support the month end close. Reviews and approves work such as clients credit memos, clients billings and questionable cash receipts for entry by Accounting Clerks. Reconcile all revenue and deferred revenue accounts and maintain detailed support for reconciliation. Preparing Monthly aging report. Accurately reports for payments received and due, and performs account analysis and reconciliation when Property Managers or clients question financial statements.

• Using Infor Financial System (ERP).•Responsible for the AR section for all group companies within Egypt & North Africa( Metito Water Treatment, International Water Treatment Company, Edara Utilities , Consortium MWT-MOL, Consortium MWT-MOL-MBL, Metito Overseas Limited, Metito Lybia & Metito Algeria). •Transactions for bank deposits & Credit & Debit notes (Creating, Reviewing).•Match bank transactions with company records and accounts receivables closing.• Coordinate with the sales and collection teams to resolve outstanding queries.• Month end reporting (Aging report, Cash inreport, Projects statues report, etc.). And account reconciliations.•Monitors and verifies receivable accounts, reconciles the general ledger, maintainslogs and records and prepares reports to ensure compliance with IAS. •Review customers balance before issuing any sales order. •Preparing Invoices and claims for all departments O&M, Sales & Project departments & preparing Intercompany sales orders.• Preparing & Reviewing for LGs issuance.• Creating new business partners, new projects throw the ERP system. • Contributing with the auditors in all auditing process related to the AR section.

•Preparing & Recording of journal entries.•Reconciling various GL Accounts.•Provide support on month-end & year-end closing activities.•Preparing of reports that would enable analysis of the accounts & provide the accounting analysis & reports.•Recording & Updating Clients Aging Reports.•Prepare invoices for data processing and ensure that collections are aligned with contractual agreements, law and finance policies and procedures. •Resolve complex collection issues and establish good relations with accounts to settle outstanding balances. •Apply Approved discounts by board of directors for potential developers and/or customers.•Performs bank deposits and record them accordingly on our financial system Sage ACCPAC (ERP). •Establish and review credit limits for both new and existing accounts•Maintain developers and customers’ files, contracts, invoices and relevant documentation.•Respondto inquiries and follow up on potential credit risk accounts regarding overdue invoices and billing problems.•Handle a correspondence system with developers and customers by issuing regular statements relating to their financial transactions.

•Preparing monthly liner, Transit & protecting Vessels SOA "Statement of Accounts" .•Receiving Payments from other branches related to expenses, refunds, work in progress.•Preparing analytical reports for the (clients, suppliers).•Maintain Account Statements for both (transit authorities "suppliers" & other shipping lines "clients").•Recording Inward & Outward collections in Aging Report.•Recording daily entries in Alpha (ERP).•Checking & recording all data include in shipping invoices issued by the company upon tariffs with sales report (amounts, withholding tax, sales tax & commissions).•Issuing Credit or Debit notes to settle our accounts with headquarter.