MOHAMED OSMAN

• Spearheaded a team of four in the accounts department, ensuring precise data entry and meticulous follow-up within the accounting system.

• Crafted detailed reports to identify and rectify discrepancies, utilizing comparative analysis to safeguard transactional accuracy and prevent financial losses.

• Collaborated cross-functionally, particularly with the Development Department, to enhance the ERP system, streamline processes, and provide critical reports for departmental efficiency.

• Managed agents' financial activities, including tracking deductions, payments, advances, and reconciling housemaid returns.

• Developed comprehensive financial statements, including profit and loss, budget, balance sheet, and cash flow, incorporating adjustments such as amortization and depreciation.

• Executed bank reconciliations for three accounts and performed intercompany settlement to maintain financial integrity.

• Oversaw the financial affairs of business owners and maintained current accounts with precision.

• Administered payroll for housemaids with a flexible package and ensured accurate customer collections prior to salary disbursements.

• Handled accruals and prepayments with diligence, contributing to effective working capital management.

• Analyzed departmental costs to drive financial optimization and resource allocation.

• Expertly generate weekly cash flow reports, identifying and analyzing financial variances for strategic insight.

• Efficiently post and allocate cash transactions, ensuring accurate financial records.

• Conduct thorough reconciliations and manage sales invoice factoring to optimize customer financial interactions.

• Monitor and track overhead expenditures, streamlining purchase requisition processes.

• Contribute to financial forecasting and budget planning, aiding in fiscal management.

• Execute month-end close procedures and manage purchase order accruals with precision.

• Prepare and process VAT returns, providing variance analysis for informed decision-making.

• Support practice development initiatives, contributing to business growth and success.

• Drive continuous improvement by critically evaluating and enhancing company operational practices.

• Perform daily reconciliations between government (ICP) and billing systems to ensure complete invoicing accuracy.

• Manage accounts payable and receivable entries.

• Preparing monthly journal reports on company expenses.

• Examining and supervising cash reconciliation department.

• Preparing of cash and cheques to clients.

• Preparing monthly billing reports for presentation during board meeting.

• Working closely with other junior accountant to ensure that duties run smoothly.

• Managed vendor accounts, generating weekly on demand cheques.