E wallet Accounting managing E wallet profile and customer liability due to them as E Money acuired

 Agents profile: Record sales orders and collections. Follow-up customer’s collections. Record customers credit limits against LGs. Run accounts receivable balance sheets and aging per invoice. Record unearned revenues and revenues. Record unapplied receipts. Bank reconciliation against customer’s collections. Record agents’ commissions and release payments. Validate withholding tax certificate against customer’s collections. Vodafone cash profile: Record wallet movements and validate physical cash deposit and withdrawals. Record service revenues “Mobile cash out, ATM cash out, VCN,” and validate with marginal percentage for each service revenues. Make cross validations for internal reports and external reports to record the company revenues and assure integrity. Enter product sales and unearned revenues. Prepare balance sheets for “wallet accounts and product sales and service revenues A/R. Record installments sales interest receivable and bad debit allowances for aged and uncollected balances. Record credit sales for enterprise customer and collections. Make bank reconciliation against customer’s collections

 Was responsible for handling construction social insurance deduction based on government regulations.  Was responsible for handling construction payments deduction based on the Ministry of Co -Worker regulations.  Validated vendor’s contracts against purchase orders. Validated both invoices items against the purchase order created. Assured that the purchase order was received from the requester and matched with invoice Items and total value of invoice.  Recorded liabilities and released vendor payment. Determined the service type to identify the percentage of withholding tax liabilities. Assured that acquired service of goods allocated on the right general ledger accounts for example asset acquisition, direct cost, operating and administrative expenses. Was responsible for handling most of company profile “Technology Department, IT Department, Vodafone Data, Vodafone Shared Services, Marketing and Sales and Sites Rental and Employee Social Insurance Liabilities”. Followed up the tracking system for the accounts payable through ensuring that the availability of back-up documentation to support each payment. Ensured that non-PO invoices are matched with the procedures and policies of Vodafone Egypt Assured that invoices are paid on time based on vendor payment terms. Vendor confirmation: Ensured that vendor reconciliation is matched with vendor books and the department time lines to avoid overstating or understating Vodafone liability.  Avoided any underestimation for liabilities by posting A/P records to G/L in the proper time.

 Prepared analysis for new assets acquired and their category to measure the effect on the depreciation cost on the income statements. Recorded the entry for new asset acquired.  Run depreciation report for the acquired assets. Entered disposed assets . Recorded asset gain/loss for the disposal assets based on the asset net value. Recorded new asset based on asset retirement obligation at the end on rental contract. Assured that asset categories depreciated based on the asset useful life policy. Created appropriate asset for the asset under construction and deprecated them when asset is ready to use. Capitalized cost salaries based on the contribution of percentage for assets under construction..

 Reviewed the master budget and identified the portion of operating expenses assigned for the yearly budget and assisted to achieve the expected net profit.  Discussed and negotiated the business new requirements with business teams while preparing the new budget cycle based on the past actual events and future overview. Converted the new requirements and the existing cost into quantitative information’s then financial data.  Enhanced and eliminated the variable costing by costing engineering approach.  Allocated the cost among departments to measure the efficiency. Made monthly closing validations for actual cost against budgeted cost. Determined the variances and took the corrective actions. Revisited the budget calculation in case the environmental changes take place. Made capital investment decisions based on the return on investment. Helped to enhance departmental efficiency.

 Handled both Vodafone roaming invoices and operator invoices across the world. Assured that invoices are matched with “Synevers” report.  Validated operators roaming calls. Handled Roaming SMS invoices. Recorded service monthly revenues and cost. Applied monthly Exchange rate.  Made Forex revaluations. Monitored both A/R and A/P accounts.  Followed upon collection for aged invoices. Prepared monthly payment batches. Made bank reconciliations. Calculated and revisited bad debit provision.  Set off invoices in terms of liabilities accounts against receivable accounts. Made monthly closing and balance sheet preparations.  Made Customer balance confirmations.

 Validated vendor’s contracts against purchase orders. Validated invoice items against the purchase order created.  Assured that the purchase order was received from the requester and matched with invoice items and total value of invoice.  Recorded liabilities and released vendor payment. Determined the service type to identify the percentage of withholding tax liabilities. Assured that acquired service of goods allocated on the right general ledger accounts for example “asset acquisition, direct cost, operating and administrative expenses. Was responsible for handling most of the company’s profile “IT Department, Vodafone Data, Vodafone Shared Services, Marketing and Sales and Sites Rental and Employee Social Insurance Liabilities. Followed up the tracking system for the accounts payable to ensure the availability of back up documentation to support each payment. Ensured that non-PO invoices are matched with the procedures and policies of Vodafone Egypt. Assured that invoices are paid on time based on vendor payment terms. Vendor confirmation: Ensured that vendor reconciliation is matched with vendor books and the department time lines to avoid overstating or understating Vodafone liability.  Avoided any underestimation for liabilities by posting A/P records to G/L in the proper time.

 Validated owner’s sites contract and guarding contract against the liabilities booked on the system in addition to making necessary validations against the payment released after deducting withholding tax. Prepared monthly payment batches.  Modified the retail cost based on the amendments to contracts.  Recorded site rent liabilities. Assured that the annual rent increase is matched with the invoices recorded. Released the payment for the site owner for the new contract. Allocated the advanced payment for the future rental cost on prepaid accounts and amortized the cost across the year. Sent contracts to legal team for archiving. Released payments for legal suit.

 Helped customers to ensure the accuracy for preparing income statement and assure that it is matched with the Egyptian accounting standards.  Helped customers to verify the accuracy for preparing balance sheets and assure that they are matched with Egyptian accounting standards.  Prepared tax reconciliation report. Reviewed company accruals, cost and provisions. Verified the existence of assets through physical counts. Reviewed and adjusted the tax asset based on the internal company policies and the Egyptian accounting standards.