Mohamed Hosny
Dubai
Summary
Dynamic Financial Controller with extensive experience at Delta Plus Clinics, excelling in cash flow management and budget preparation. Proven track record of enhancing financial reporting accuracy and reducing operating costs. Strong leadership skills foster team development, while expertise in ERP systems drives efficient month-end and year-end closings.
Overview
12
12
years of professional experience
Work History
Financial Controller
Delta Plus Clinics
Dubai, United Arab Emirates
05.2023 - Current
- Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
- Maintained strong relationships with external auditors, facilitating smooth annual audit processes and addressing any concerns promptly.
- Reduced operating costs through meticulous budget management and cost analysis.
- Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
- Managed a team of finance professionals, providing guidance, support, and ongoing training to ensure continued growth and development.
- Conducted regular variance analyses between actual results and budget projections to identify trends or issues requiring further investigation or action by management staff.
- Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
- Prepared accurate financial reports and monthly statements for accounts receivable.
- Enhanced cash flow management with timely accounts receivable monitoring and collections efforts.
- Developed comprehensive financial models for strategic planning and decision-making purposes.
- Assisted in the preparation of annual tax filings, ensuring full compliance with local, state, and federal regulations while minimizing tax liabilities where possible.
- Prepared balance sheets, cash flow reports and income statements.
- Completed journal entries, reconciliations, and account analysis to prepare quarterly financial documents and general account management.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
- Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
- Managed daily financial functions in collaboration with accounting and payroll personnel.
- Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
- Directed corporate decision-making and planning by monitoring and setting policies and procedures to optimize fiscal performance.
- Prepared and filed tax returns and generated monthly reports in compliance with regulatory and organizational standards.
Senior Accountant
Manar Al Omran
Abu Dhabi, United Arab Emirates
07.2017 - 05.2023
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Assisted in internal and external audits by preparing necessary documentation and responding to auditor inquiries.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Maintained accurate depreciation schedules for fixed assets, coordinating with asset managers for timely recording of acquisitions or disposals.
- Managed quarterly and annual tax filings for the company, ensuring timely submissions and compliance with regulations.
- Conducted monthly reconciliations for all bank accounts to ensure financial integrity.
General Accountant
Identity Communications
Cairo, Egypt
01.2013 - 05.2017
- Preparing invoices for Clients based on project requirements and liaising with projects teams.
- Recording accounts payable invoices and payments Perform supplier reconciliations.
- Handle Petty Cash transactions and disbursement
- Maintain and reconcile fixed assets schedules, prepayment schedules
- Prepare and record asset, liability, revenue, and expenses entries by compiling and verifying account information
- Preparing journal entries and adjusting account balances to accurately reflect company financial statements
- Preparing bank reconciliations by reviewing and verifying the accuracy of account balances in accordance with bank statements
- Processing payroll for all employees using automated software programs / manual methods Cross-team communication with logistics, warehouse, and sales teams to ensure smooth transaction flow
- Maintain and monitor all monthly revenue and related cost accrual and passing the needed JV’s using GL module.
Education
Bachelor of Commerce - Accounting
Ain Shams University
Cairo , Egypt05-2012
Skills
- Fixed asset management
- Accounts payable and receivable
- Cash flow management
- General ledger management
- Revenue recognition
- ERP systems expertise
- Month-end and year-end closings
- Payroll processing
- Budget preparation
- Commission calculation
- Processing payments
- AP/AR invoicing
Languages
English
Advanced (C1)
Arabic
Bilingual or Proficient (C2)
Timeline
Financial Controller
Delta Plus Clinics
05.2023 - Current
Senior Accountant
Manar Al Omran
07.2017 - 05.2023
General Accountant
Identity Communications
01.2013 - 05.2017
Bachelor of Commerce - Accounting
Ain Shams University