Mostafa Ibrahim Email & Phone Number

Jeddah, Makkah, Saudi Arabia

Maintain the General Ledger in strict adherence to accounting procedures and policies under IFRS.Ensure the accuracy of all accounts, meticulously verifying each entry for precision.Promptly escalate any exceptions and first-time accounting issues to the Finance Director for resolution.Guarantee compliance with financial policies and procedures, diligently reporting any deviations and providing insightful suggestions for improvements.Produce high-quality financial documents and… Show more Maintain the General Ledger in strict adherence to accounting procedures and policies under IFRS.Ensure the accuracy of all accounts, meticulously verifying each entry for precision.Promptly escalate any exceptions and first-time accounting issues to the Finance Director for resolution.Guarantee compliance with financial policies and procedures, diligently reporting any deviations and providing insightful suggestions for improvements.Produce high-quality financial documents and propose improvement ideas to relevant stakeholders.Provide Ad-hoc management with accurate and comprehensive reports to support decision-making.Oversee all banking transactions executed by the team, including negotiation of Letter of Credits, Open Letter of Credits, bank guarantees, and other financial transactions.Review financial reports at the close of each accounting period to ensure accuracy and completeness.Collaborate closely with audit teams and tax consultants to ensure objectives are met and compliance is maintained.Regularly report Actual vs Budget Performance to department heads on a monthly basis, facilitating informed decision-making.Initiate and spearhead cost optimization initiatives, reporting progress on a monthly basis.Enhance the reporting module at the ERP system.Prepare and present comprehensive budgets and rolling forecasts to the management team, aiding in strategic planning and resource allocation.Coach and mentor team members to enhance business performance and foster personal and professional growth.Achievements:Successfully led and sustained the implementation of Oracle Fusion across the organization as Project Manager, contributing to enhanced operational efficiency and streamlined processes. Show less

Jeddah Governorate, Saudi Arabia

Managed all aspects of journal entries and adjustments, ensuring accuracy and compliance with accounting standards.Supervised daily transactions to facilitate the preparation and entry of journal entries throughout the month.Oversaw bank activities and diligently prepared monthly bank reconciliations to maintain financial accuracy.Spearheaded the accounts payable process, meticulously managing vendor payments and ensuring timely disbursements.Executed the monthly issuance of… Show more Managed all aspects of journal entries and adjustments, ensuring accuracy and compliance with accounting standards.Supervised daily transactions to facilitate the preparation and entry of journal entries throughout the month.Oversaw bank activities and diligently prepared monthly bank reconciliations to maintain financial accuracy.Spearheaded the accounts payable process, meticulously managing vendor payments and ensuring timely disbursements.Executed the monthly issuance of payroll to facilitate VAT tax payments on a monthly basis, ensuring regulatory compliance.Managed accounts receivable, including customer billings, aging analysis, and collections, optimizing cash flow management.Controlled cash expenses for customer and vendor balances, ensuring accuracy and transparency in financial transactions.Maintained fixed assets records, including the fixed assets register, tag numbers, and related accountabilities, ensuring compliance with accounting standards.Generated comprehensive monthly overhead analysis reports and managed the letter of credit process to facilitate smooth operations.Provided valuable consultation to the CFO in forecasting, budgeting, and supported external audit processes, contributing to strategic decision-making.Managed GRIR settlement, forex settlement, and fixed assets settlement processes to maintain financial integrity.Achievements:Restructured the finance team, focusing on hiring and training initiatives and enhancing policies and procedures across all departments. This restructuring led to remarkable performance improvements and the achievement of organizational objectives.Received an appreciation certificate from the Career Planning and Alumni Unit at KAU for outstanding contributions and dedication to professional development initiatives.Received a reward and a certificate of excellent performance for consistently delivering exceptional results and exceeding job expectations. Show less

Provided comprehensive financial reports and interpreted financial information for managerial-level decision-making, recommending strategic courses of action to optimize financial performance.Advised on investment activities and formulated recommended strategies to maximize returns and mitigate risks.Utilized SAP ERP system to accurately report General Ledger (G/L) expenses to the G/L manager, ensuring data integrity and compliance with financial regulations.Maintained the financial… Show more Provided comprehensive financial reports and interpreted financial information for managerial-level decision-making, recommending strategic courses of action to optimize financial performance.Advised on investment activities and formulated recommended strategies to maximize returns and mitigate risks.Utilized SAP ERP system to accurately report General Ledger (G/L) expenses to the G/L manager, ensuring data integrity and compliance with financial regulations.Maintained the financial health of the organization by overseeing financial operations and implementing effective financial management practices.Conducted thorough reviews and evaluations to identify opportunities for cost reduction and operational efficiency improvements.Actively participated in the preparation and completion of the company's budget, collaborating with cross-functional teams to align financial goals with strategic objectives.Coordinated with auditors to ensure proper monitoring of company finances and compliance with regulatory standards and internal policies.Achievements:Played a pivotal role as a key team member in executing the partnership between SAIC and Al Mansour, a significant achievement that solidified the organization's position as the exclusive partner of General Motors and the STELLANTIS Group in Egypt. This partnership contributed to expanding the company's market presence and enhancing its reputation in the automotive industry. Show less

Managed Accounts Payables, overseeing Customer Vendor Relations, and leading the AP disbursement group responsible for managing all check disbursements.Implemented and maintained systems, procedures, and policies related to accounts payable functions to ensure strict adherence to company guidelines and financial regulations.Supervised the monthly closing of financial records and facilitated the posting of month-end information, ensuring accuracy and timeliness in financial… Show more Managed Accounts Payables, overseeing Customer Vendor Relations, and leading the AP disbursement group responsible for managing all check disbursements.Implemented and maintained systems, procedures, and policies related to accounts payable functions to ensure strict adherence to company guidelines and financial regulations.Supervised the monthly closing of financial records and facilitated the posting of month-end information, ensuring accuracy and timeliness in financial reporting.Provided accounting assistance to managers and operations staff, offering guidance on financial matters and ensuring compliance with accounting principles.Mentored and evaluated subordinates to enhance their performance and foster their professional development, addressing any performance issues and making recommendations for improvement.Managed trade operations, including inventory management, COGS reports, and GRIR Clearing and Maintenance, optimizing operational efficiency and accuracy.Produced monthly analytical reports (Flash) on the fluctuation of COGS and GP, providing valuable insights for decision-making and strategic planning.Oversaw financial confirmations between Al Mansour Automotive and General Motors, ensuring transparency and accuracy in financial transactions and agreements.Achievements:Led the cost optimization project team, successfully achieving the objectives set forth by the CEO and top management team. This initiative resulted in significant cost savings and operational efficiencies, contributing to the organization's overall success and profitability. Show less

Giza Governorate, Egypt

Controlled and reviewed contracts, fleet deals, and collections processes to ensure accuracy and compliance with company policies and financial regulations.Analyzed after-sales data to provide valuable insights to the General Service Manager, facilitating better financial performance and strategic decision-making.Collaborated closely with internal and external auditors to ensure the effectiveness of financial operations and compliance with auditing standards.Prepared monthly reports… Show more Controlled and reviewed contracts, fleet deals, and collections processes to ensure accuracy and compliance with company policies and financial regulations.Analyzed after-sales data to provide valuable insights to the General Service Manager, facilitating better financial performance and strategic decision-making.Collaborated closely with internal and external auditors to ensure the effectiveness of financial operations and compliance with auditing standards.Prepared monthly reports for open item customers, maintaining transparency and accuracy in financial transactions.Presented monthly after-sales finance presentations to the board of directors, providing comprehensive insights into financial performance and areas for improvement.Conducted monthly closing activities for the after-sales departments, ensuring timely and accurate financial reporting.Managed the aging of Notes receivable, monitoring outstanding balances and implementing strategies for timely collections.Performed monthly reconciliations for overseas sister companies, ensuring alignment and accuracy in financial records.Achievements:Led the conversion for the DMS (Dealer Management Systems), facilitating the integration of dealer systems with Al-Mansour SAP ERP system. This initiative enhanced operational efficiency, streamlined processes, and improved data accuracy, contributing to enhanced overall performance and customer satisfaction. Show less

Giza Governorate, Egypt

Prepared monthly reconciliations for marketing expenditures in strict compliance with guidelines established by General Motors Egypt, ensuring accuracy and transparency in financial reporting.Monitored the collection of cash custody for employees and provided feedback to top management, ensuring accountability and integrity in financial transactions.Reported General Ledger expenses to the relevant manager, facilitating accurate tracking and analysis of expenses.Held accountability… Show more Prepared monthly reconciliations for marketing expenditures in strict compliance with guidelines established by General Motors Egypt, ensuring accuracy and transparency in financial reporting.Monitored the collection of cash custody for employees and provided feedback to top management, ensuring accountability and integrity in financial transactions.Reported General Ledger expenses to the relevant manager, facilitating accurate tracking and analysis of expenses.Held accountability for financial matters related to all constructions and projects, ensuring adherence to budgetary constraints and financial guidelines.Managed deductions for employees, ensuring compliance with company policies and regulatory requirements.Generated monthly reports for open items' suppliers, maintaining transparency and accuracy in financial dealings.Conducted pricing analysis for local and foreign sea and air freight, optimizing cost-effectiveness and efficiency in logistics operations.Oversaw GRIR clearing processes, ensuring accuracy in inventory accounting and financial reconciliation.Managed the aging of notes payable, monitoring outstanding balances and facilitating timely payments.Sent monthly reconciliations for overseas sister companies, fostering transparency and alignment in financial records.Achievements:Received a reward and a certificate of exceeding expectations in recognition of outstanding performance and dedication to excellence.Received a reward and a certificate of excellent performance for consistently delivering exceptional results and exceeding job expectations. Show less

Giza Governorate, Egypt

Managed the clearing of non-trade supplier accounts, ensuring accuracy and completeness in financial records.Supervised Marketing Accounts for official Egyptian Newspapers such as Ahram, Akhbar, Gomhoreya, UM7, FP7, maintaining strong relationships with vendors and ensuring timely payments.Prepared periodic reconciliations for marketing suppliers, facilitating transparency and accuracy in financial reporting.Reviewed cheque payments for non-trade vendors, verifying accuracy and… Show more Managed the clearing of non-trade supplier accounts, ensuring accuracy and completeness in financial records.Supervised Marketing Accounts for official Egyptian Newspapers such as Ahram, Akhbar, Gomhoreya, UM7, FP7, maintaining strong relationships with vendors and ensuring timely payments.Prepared periodic reconciliations for marketing suppliers, facilitating transparency and accuracy in financial reporting.Reviewed cheque payments for non-trade vendors, verifying accuracy and compliance with company policies and financial regulations.Executed monthly reconciliations for marketing expenditures with General Motors Egypt (GME), ensuring alignment and accuracy in financial records.Monitored the collection of cash custody for employees, providing necessary support to top management and ensuring accountability and integrity in financial transactions.Throughout these responsibilities, I consistently maintained meticulous attention to detail and adherence to company policies and financial regulations to ensure accurate and transparent financial reporting. Show less

Bachelor'S Degree, Accounting, Good

Education record