Oracle E-Business Suite
Girgis Iskander
Bsc Of Commerce Cario University -1999
Dubai,UAE-Dubai
Summary
Accomplished financial management and accounting professional with [19] years of demonstrated positive impact company growth. Proven skill in employing accounting and financial management best practices and team leadership. Committed to introducing changes to achieve continuous improvement and successfully influencing processes driving operational excellence. Expertise in financial statement preparation and analysis, operational management, forecasting and cost control.
Overview
14
14
years of professional experience
3
3
years of post-secondary education
2
2
Languages
Work History
Accounting Manager
Ibrahim AL Qurashi
11.2018 - Current
- Responsible for day-to-day finance and accounts operations
- E-Commerce revenue review COD's, TR's , AWS Cost review …etc
- Startup Oracle Cloud – Fusion financial activities
- Conduct reviews and evaluations for cost-reduction opportunities
- Experience with Accounting system, POS VEND systems and cost and inventory systems
- Handle full spectrum of financial modules cost /cash management, AR, AP, GL, Inventory, fixed assets, budgeting etc
- Responsible for day-to-day finance and accounts operations
- Ensure that appropriate financial regulation and controls are always in place and in use
- Prepare and review detailed budgets for approval by the board
- Make regular reports to the board on income, expenditure, and any variations from budgets
- Ensure that all financial reporting obligations are met
- Overview of policies and procedures & SOP
- Overall, in charge of all general ledger transactions
- Reviews accounts payable documents for completeness and compliance with policy and comments on exceptions before forwarding to the director for payment authorization
- Ensures accurate and timely payment to suppliers, contractors etc
- As per terms of contract and all supporting documents
- Reviews and checks monthly bank reconciliation data to ensure all details are correct
- Establishes and maintains an effective working relationship with the bank and communicates regularly on financial matters
- Interacts with and provides information to auditors during audit
- Provides inputs for the budget, prepares management reports and data as required, and contributes to formulation of policies and procedures for the department and the function
- Leads an annual physical inventory exercise on all branches
- Perform full set of accounts and ensure timely closing of accounts
- Perform project cost forecasts/budgets, cost tracking, monitoring, and controls
- Responsible for timely monthly financial statements, payments, cash-flow
- Performs required tasks related to quarterly filing of Value Added Tax (VAT) return before submission to UAE Federal Tax Authority
- Using Oracle-Fusion BI report, Analysis, and data model to develop, maintain, enhance, and create new reports that useful to the end users.
- Managed banking reconciliations and monthly balance sheet statements.
- Supported change management by understanding and addressing impacts of new accounting policies, financial statement initiatives and non-standard transactions.
- Supported change management by understanding and addressing impacts of new accounting policies, financial statement initiatives and non-standard transactions
- Managed banking reconciliations and monthly balance sheet statements
- Applied mathematical abilities to calculate and check figures in accounting systems
- Implemented budget and expense controls and financial policies by analyzing income and expenditures
- Tracked business revenue and expenditures and reconciled accounts to maintain high accuracy
- Managed journal entries, collection efforts, reconciliations and payroll processing
- Investigated daily variances and corrected errors to resolve discrepancies
- Organized budget documentation and tracked expenses to maintain tight business controls
- Proposed and published metrics and KPIs to be incorporated into monthly financials and scorecards
- Developed strategic plans for day-to-day financial operations
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance
- Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter
- Improved overall financial reporting by streamlining control processes and reporting structures
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports
- Performed spending analysis and partnerships to refine policies and develop recommendations for improvement
- Identified improvement changes regarding key processes for internal controls and accounting procedures
- Recruited, interviewed and hired employees and implemented mentoring program to promote positive feedback and engagement
- Implemented cost control procedures and cost management processes, saving company $[Amount]
- Reduced liabilities by accurately managing tax statements, mailings, journal entries, payments and transfers
- Educated accounting team on forecasting, financial statuses and financial strategies to assist in annual budget creation
- Implemented updated production, productivity, quality and customer service standards to improve company financial standing
- Applied proper codes to invoices, files and receipts to keep records organized and easily searchable
- Stayed on top of applicable federal and state requirements to minimize legal and financial risks
- Bolstered revenues by creating codes for accounting tasks, cost estimation and revenue generation
- Initiated comprehensive account assessments to check viability, stability and profitability of business operations
- Completed bi-weekly payroll for company employees
- Complied with established internal controls and policies
- Generated sales tax reports for each operational jurisdictions, monitored bi-weekly payroll and prepared and paid out sales commissions
- Performed banking, business administration and financial tasks to guarantee five-star service for clients
- Supported financial director with special projects and additional job duties
- Established and checked coding procedures, monitored reports and updated internal files
- Prepared internal and regulatory financial reports, balance sheets and income statements
- Kept up-to-date and accurate funding accounts for internal departments, key programs and special projects
- Developed metrics for [Type] objectives, supporting key [Type] results
- Established and enforced internal controls, workflows and policies for tracking, reconciling and reporting on accounting activities
- Validated existing accounting management and reporting systems to assess quality and conformance, identify problems and implement corrective actions
- Recruited, interviewed and hired [Number] employees and implemented mentoring program to promote positive feedback and engagement
- Oversaw high-volume accounting operations with [Number]-person team focused on efficient budget administration, AP/AR and other financial management needs
Finance Manager
Cosmotrade
11.2014 - 08.2018
- Ensure timely and accurate recording, preparation, and submission of periodic financial
- Reports/returns/summaries etc
- To enable the station transactions to be systematically recorded in the Company’s main accounting and reporting systems at HO
- Ensure that credit control functions are effectively carried out
- Manage the Company debtors continuously analyzing, identifying, and covering credit risk so that revenues are maximized without jeopardizing the Company receivables
- Ensure timely follow up and recovery of all debts including under collection so that all dues are recovered within the credit period allowed by the Company
- Ensure that local sales reporting by agents are both timely and complete so that the amounts due to the Company are correctly ascertained and sales returns are reported to HO for revenue accounting
- Ensure proper screening and processing of invoices/claims so that amounts due to the Company’s creditors are correctly paid either directly from HO or EK Finance in a timely manner.
- Assist Country Manager/ VP in providing information for budgeting and budgetary controls to enable him to exercise effective Control over his departmental budgets Analyze revenue trends and highlight exceptions to management
- Submit special reports/recommendations to HO on significant developments affecting the Company’s financials so that necessary steps can be taken in co-ordination with the HO for proper handling of such developments
- Review financial systems and procedures being applied at the station and recommend changes or automation proposals wherever feasible for effective controls
- Implement adequate controls on Company assets (including verification, insurance, custodianship, authorized utilization, and proper maintenance) to ensure that they are safeguarded
- Conduct staff performance review in line with Performance matters i.e
- Setting objectives and discussing development plan and conducting an Interim review before the final annual review.
Finance Officer
09.2013 - 01.2014
- Private Engineering Office (PEO),
- Analytical reporting of Accounts Payable activities to senior management as a part of Accounts Payable team dashboard
- Monitor the team KPI in terms of benchmarking
- Assess the current process and recommend for process and system efficiencies
- Supervise and ensure to keep the cost of processing invoices to the optimum level
- Initiate invoice consolidation process for suppliers with huge volumes of transactions
- Develop processes and implement electronic invoicing
- Supervise and manage all suppliers invoice processing till it’s paid and supervise staff claim process and ensure payment as per company policy and procedures
- Provide adhoc reports to management
- Manage the audit queries relating to supplier and staff payments
- Ensure payments are made timely as per agreed payment cycle
- Highlight issues identify and take necessary action
- Ensure all rejected payments are processed immediately
- Respond to all addressed queries within 2 working days
- Ensure to have a clear follow-up action
- Supervising the accounting, reconciliation of all the relevant balance sheet accounts and take appropriate steps to clear unreconciled or aged transactions.
Finance Supervisor
Qatar Airways
Doha
07.2012 - 10.2013
- Overseeing functionality of Oracle Financial Enterprise Resource Planning System (ERP) with specific focus on Accounts Payable (AP), Purchase Order (PO) and Inventory (INV) modules
- Troubleshooting and interacting with various ERP users in Headquarter (HQ) Finance and in Finance Subsidiaries
- Ensuring appropriate processes and controls are introduced to proactively manage different issues that could come up related to ERP system
- Testing of solutions received from Oracle and coordinating with IT to get them implemented
- Supporting IT with application upgrades and coordinating with IT to resolve any Oracle issues
- Support and coordinate period closing activities for both HQ Finance and Finance Subsidiary teams which involves system closing of AP, PO, and INV modules
- Implementing of system process and/or report improvements as needed
- Ensuring integrity of 3rd
- Party systems with Oracle, including interface, data check, etc
- Oracle overview staff training at HQ and outstation all over the world , stations duty travel support
- To provide support to the End Users of the ERP Financials ( Oracle ) on all modules and resolve the functional issues the users face by functional guidance or by escalating the issue to the higher level of techno/functional team
- Assist in designing, developing, testing and implementing Oracle Financial Modules including General Ledger, Accounts Payable, Accounts Receivable, Cash Management, Fixed Assets and preferably Project Costing & Management
- Projects & Achievements :
- Oracle Accounts Payable invoice workflow approval
- Archive Documents through eDoc’s system
- Country Profile dictionary for finance outstation Dept
- Implementing and rollout PO for outstation (around 100 stations)
- Automation of Printing checks at several stations.
Senior Finance Assistant
Outstation- Qatar Airways
Doha
06.2011 - 06.2012
- Checking & Reviewing Outstations Monthly Oracle reports Calendarised, Cost Center, reconciliation & ensuring their accuracy
- Review monthly Trial Balance details & ensuring no accounting errors are there
- Monthly closing of GL, AP, AR in Oracle by 7th of each month and subsequent review of station (s) trial balance
- Review stations Cash outflow Statement
- Review and monitor Contracts Database for all Stations
- Review Direct Operational Cost Accruals vs
- Actual costs and review of schedules/reconciliation and prepare Exception report
- Budgeting Cost review and submit monthly reports with reasons on variances
- Review Aging ICH & AP Aging & AR Aging Reports
- Regular internal check, staff training, feed back with recommendation for solving raised issues
- Ensure that all Finance outstation adherence to company policies & IAPs
- Verify entries by generating Monthly Staff Ledger Details Report and ensure that allocated to the relevant oracle account as per QR narration
- Monitor monthly accruals for stations
- Review Internal Audit report for all outstation and follow up to close the gap
- Ensure that financial reporting is done timely and related information is accurate and reliable
- Ensure that assets are adequately safeguarded
- Ensure that applicable laws and regulations (as represented by station management) are complied with local low
- Flying overseas to support stations and making self audit
- Additionally, responsible for following up on new station check list and ensuring all requirements are in place prior to operation
- Achievement -Developing Oracle Training Video in AP, GL and AR of Qatar airways
- (The Certificate from QR singed by CFO&VP has been attached in the C.V)
Qatar Airways
01.2012 - 05.2012
- Duty travel to Libya during unrest situation to provide full support in both stations Tripoli & Benghazi
- Managing & reviewing process Finance cell at the station to meet HO targets on monthly closing, Submit GL reconciliation / revenue reports and fixed asset confirmation Oracle financials and
- Monthly Test checks Bills / sales reports
- Prepare/Review Annual Budgets
- Adherence Local laws and regulations relating to Taxes, VAT, Payroll and other applicable matters
- Review /update supplier’s contracts database
- Agreements Finalization of local agreements Such as handling, catering, Crew accommodation, credit card
- Reviewing the customer aging & Supplier aging, cash flow, cost Centre report and calendarize report
- Prepare the monthly payroll for the local station during the unrest situation in Tripoli
- Highlight on inquires and follow up with SGS to close the issues that lying in the customer outstanding report
- Responsible for delivering all financial reporting responsibilities of the station, robust controls and adherence to Corporate Policy
- Revenue collections and control capital and operating expenses to be within the approved budget limits for the Country
- Participate in the budget preparations for all areas of the business (Finance, Commercial & Ground service) to ensure that budget proposals are on a realistic basis
- Ensuring receivables are collected on time and payables are paid timely with no penalties
- Achievements:
- Approx
- 6M Funds repatriation from Tripoli to HQ during unrest situation
- Cleaning the long outstanding that lying on the AR customer aging report
- Clearing all outstanding that lying in GL reconciliation.
Finance Assistant
Airways
09.2008 - 05.2011
- AP Invoices accounting in Oracle with proper accounting codes
- Verification of invoices as per PO/Contract in compliance with finance policies
- Interact with user departments to resolve queries for invoices
- Reconciliation of GL accounts and preparation of monthly schedules
- Reconciliation of supplier/vendor accounts
- Preparation of payment analysis & contract synopsis
- Issue CHQS to suppliers before due date after confirming the correctness
- Handling social tax insurance including forms 1, 2 & 6 as per Egyptian Labor low to avoid any penalty
- Preparing withholding tax Report form 41 as per Egyptian Low
- Post Journal Entries in oracle GL Module
- Monitor AP aging Report & AR, write off, receipt, credit Memo, Set off
- Assist in GL reconciliations & monthly accruals
- Assist with the preparation of other reports provided to management
- Bank reconciliation for disbursement & Collection accounts
- AR Invoices, credit Memo, Receipts, Set off
- Assist in preparing annual Operating & Capital expenditure budgets and periodic review of variance
- Fixed Assets (Purchases & Disposal), counted physical assets and confirmed to HO, obtain bid from staff or other external parties in order to choose the best price for buying the assets, Ensure all fixed assets was retired from the FAR
- Daily assistance with other stations (LXR, ALY, ALG, TUN, CMM, TIP and KRT)
- Supervise & monitoring AR/AP/GL of outstations & help, guide and advice outstation colleagues on accounting issues
- Petty cash custodian
- Monitor & Control daily petty cash expenditure
- Purchasing, obtaining regular offers from suppliers to choose the best quotation
- Helping outstations for uploading huge data to the system in one go
- Perform trial balance review, budgeting preparation and monitor the cost center report variances
- Providing support (training) on all core and advanced financial oracle e-business modules (AP, AR, GL).
Accountant
Hyundai
08.2007 - 09.2008
- Record the bank transaction related to transfers between bank accounts, debit and credit
- Interest, monthly bank charges, creation of deposit payment of loans
- Download bank statement from bank online systems to Oracle on a daily base for reconciliation
- Research and resolve all outstanding reconciling items
- Properly document all reconciliation actions with appropriate support included
- Prepare refund and miscellaneous deposits for bank
- Maintain proper communication with banks
- Have experience with ERP systems
- Bank Reconciliation
- Applying AP payment through accounts Payable under Oracle E-business suite
Education
Bsc of Commerce - Accounting Major - Commerce – Accounting
Cairo University
Cairo 01.1996 - 06.1999
Certificate of Commendation - Oracle - E-Business Suite
Qatar Airways
Qatar 04.2001 -
CertificateOfCompletion_Accounting Foundations Cos -
Linkedin
Global 04.2001 -
CertificateOfCompletion_SAP Business One Finance A -
Linkedin
Dubai 04.2001 -
CertificateOfCompletion_Strategic Planning Foundat -
Linkedin
Dubai 04.2001 -
Skills
Computer SkillsSuper user - Oracle E- Business suite, Odoo & Oracle Fusion
Month-end reporting
Creative problem Solving
Airline Product awareness
Negotiation Skills
Odoo ERP
Oracle Fusion
Invoicing
Bank account reconciliations
Tax law knowledge
GL entry verification
Payroll Processing
Financial auditing
GAAP understanding
Financial statements expertise
Software
Oracle Fusion ( AR, AP , GL , Cash Management , Fixed Assets ,Supply Chain Execution, Procurement etc)
Odoo
SAP
Timeline
Accounting Manager
Ibrahim AL Qurashi
11.2018 - Current
Finance Manager
Cosmotrade
11.2014 - 08.2018
Finance Officer
09.2013 - 01.2014
Finance Supervisor
Qatar Airways
07.2012 - 10.2013
Qatar Airways
01.2012 - 05.2012
Senior Finance Assistant
Outstation- Qatar Airways
06.2011 - 06.2012
Finance Assistant
Airways
09.2008 - 05.2011
Accountant
Hyundai
08.2007 - 09.2008
Certificate of Commendation - Oracle - E-Business Suite
Qatar Airways
04.2001 -
CertificateOfCompletion_Accounting Foundations Cos -
Linkedin
04.2001 -
CertificateOfCompletion_SAP Business One Finance A -
Linkedin
04.2001 -
CertificateOfCompletion_Strategic Planning Foundat -
Linkedin
04.2001 -
Bsc of Commerce - Accounting Major - Commerce – Accounting
Cairo University
01.1996 - 06.1999