Mohamed Elsayed Email & Phone Number

Cairo, Egypt

•Assist in preparing the financial statements (Income statement, Balance sheet, & Cash Flow).•Support the preparation of the company’s business plan, covering sales, construction, cash flow, and income statement budgets to align with strategic goals.•Manage and enhance cash management strategies to optimize liquidity and cash flow.•Supervise the accounts receivable process to ensure timely and accurate invoicing, collections, and reconciliations.•Evaluating customer installment schedules using NPV models to determine delay interest and early payment discounts, maximizing financial outcomes.•Prepare and present detailed AR-related reports for management, providing actionable insights and recommendations.•Oversee cash flow forecasting, manage daily cash positions, and execute necessary fund transfers.•Negotiate banking services and fees to optimize financial operations and maintain strong banking relationships.•Conduct variance analysis to monitor receivables performance and treasury-related financial metrics.•Lead month-end and year-end closing processes for AR and treasury functions.•Develop and mentor a team of AR and treasury professionals, delivering performance feedback and training.•Collaborate with finance, sales, and operations teams to streamline processes.•Regularly present team performance reports and KPIs to senior management.

•Managed the entire accounts receivable (AR) process, including invoicing, collections, and credit management, ensuring efficiency and accuracy.•Led the implementation and upgrades of Oracle systems, improving operational efficiency and reporting accuracy.•Worked with cross-functional teams, including IT, finance, and operations, to define system requirements and design workflows.•Assisted in the preparation of tax reports, including VAT and withholding taxes.•Oversaw daily transactions for multiple branches, ensuring financial accuracy and compliance.•Generated regular AR reports, such as aging analysis, cash flow projections, and collection metrics, providing actionable insights to management.•Evaluating customer installment schedules using NPV models to determine delay interest and early payment discounts, maximizing financial outcomes.•Managed the revenue recognition process to ensure adherence to agreed terms and criteria.•Collaborated with Oracle consultants in Egypt and Dubai to enhance reporting capabilities and create new reports aligned with management's needs.•Supported internal and external audits related to AR processes and systems, ensuring compliance and transparency.•Maintained a detailed cash flow follow-up for all notes receivable and checks under collection.•Consolidated and analyzed cash flow forecasts of subsidiaries, ensuring timely funding arrangements.•Prepared and reviewed monthly bank reconciliations, ensuring all transactions were cleared promptly and in line with accounting policies.•Monitored and managed banking relationships, ensuring optimal liquidity management and minimizing financial risks.•Prepared yearly postdated check reconciliations, ensuring alignment with bank records.•Handled aging reports, providing detailed summaries to top management (CFO & CEO).•Identified high-risk and delinquent accounts for referral to the legal department, ensuring appropriate actions were taken as per contractual agreements.

- Preparation of Journal Entries for Monthly Activity.- Preparation and Analysis of Monthly Financial Reports.- Receiving collections from customers’ and reviewing the due dates related to the approved installments towards interest, service fee etc.- Reviewing installments and prepare discounts for customers.- Handling the daily operation transactions & Record journal entries for daily operation.- Use oracle application to enter all transaction related to the operation.- Reviewing & Prepare monthly analysis report for postdated cheques, bounced cheques report & cancellation report for all projects.- Prepare reports on all customers for reps. (sales – collection – cancellation) and the final balances of the customers.- Maintaining a cash flow follow up for all notes receivable, checks under collection.- Quick response to customer care and sales admin requirements (interest calculation ,discount, paid amount)- Maintain bank reconciliation for postdated cheques.- Handling all operation transactions with our banks checks, cash deposit and bounced checks.

•Managed journal entries for vendors, receivables, accruals, taxes, insurance, expenses, and revenues, ensuring accurate recording of financial data.•Verified supplier invoices, ensuring all necessary approvals and supporting documents were in place before processing.•Recorded all supplier invoices in the Accounts Payable (AP) module, maintaining up-to-date records.•Administered the petty cash fund, ensuring proper handling and reconciliation of cash transactions.•Prepared weekly and monthly reports detailing the company’s cash position and cash flow, providing insights to management.•Reviewed and reconciled the company’s bank accounts, including tracking bank income and expenses.•Monitored and reviewed payment requests, ensuring timely payments to suppliers and service providers.•Prepared tax reports, including VAT and withholding tax (WH), ensuring compliance with tax regulations.•Managed monthly payroll preparation, including staff commissions, ensuring accuracy and timely disbursement.•Compiled financial reports, including balance sheets, profit and loss statements, and other financial summaries, for management review.Orange Express Branches Responsibilities:•Controlled stock across branches, ensuring stock turnover and fulfillment of branch needs.•Prepared daily branch entries, including sales, purchases, and expenses, to maintain accurate financial records.•Monitored the banking position for each branch, ensuring all daily transactions were tracked and reconciled.•Managed tax filings for all branches, ensuring compliance with local tax regulations.•Prepared Profit and Loss (P&L) statements and balance sheets for each branch, providing clear financial insights into branch performance.

•Handling all journal entries concerning (vendors, receivables, accruals, taxes, insurance, expenses, and revenues) and recording entries on System.•Prepare weekly & Monthly report about the cash Position.•Purchases responsible for the needs of the branches and the company's products.•Responsible of Mobinil Express Branches which include the following tasks:•Stock control in branches and following up stock turn over and branches needs.•Preparing daily branches entries which include sales, Purchases & Expenses.•Following up banks Position for each branches .and following up daily transactions made by visa as notes receivable in bank statement using neta bank and preparing journals.•Handing sales Taxes For All Branch.

-Training During Study in College summer training in “Arab Bank, National Bank of Egypt, Misr Bank& Banque Du Caire “