Amro Elnahrawi, CPA, MBA
179 Lakeshore Dr, Oakland,NJ
Summary
Highly experienced CPA with strong and progressive accounting, finance and management experience in diverse industries. Superior problem solving and analytical capabilities, with excellent skills in financial statements’ preparation and analysis. Communicate effectively with and support IT/DB&T as well as corporate governance committees. Thorough knowledge of analyzing and reporting operating results to global senior management. Strong cross-industry transferable skills in management, communication, problem solving, planning and variance resolution. Forward-thinking leader, team builder and developer. Results-oriented achiever with proven ability to exceed targets and drive success in fast-paced environments. Combines strategic thinking with hands-on experience to deliver impactful solutions and enhance organizational performance.
Overview
24
24
years of professional experience
Work History
Senior Accountant
Veolia N.A
Paramus, NJ
11.2012 - Current
- Company Overview: (Formerly Suez Water) Utility Industry Leader
- Responsible for analyzing and monitoring cash operations in 20 business units and providing critical cash information to various departments on a monthly basis
- Implement newly developed cash management structures to global operations
- Recommend strategic measures to improve decision making and streamline processes across the operational and legal entities
- Collaborate with corporate tax and other corporate teams to enhance functions and achieve efficiency
- Apply professional judgment and technical skills to report accurate operating results to senior management in Paris on a monthly basis
- Assist in preparing monthly budgets by providing financial information related to revenue and personnel
- Report financial and budgetary information to statutory boards of public utilities on a quarterly and annual basis
- Conduct monthly analytics of balance sheet to explain variances monthly, quarterly and annually
- Control flow of funds in intercompany processes as well as through business units in the fields of water, water treatment and chemical usage
- Develop and establish new operating procedures to safeguard organizational assets and provide specialized support to many functional areas within accounting, finance, tax, Treasury and Internal Controls
- Assisted tax department in preparing and recording deferred tax assets according to the tax reform of 2018
- Collaborate with and advise team members to enhance and expedite month-end close process
- Analyze variances in cash, inventory and AR accounts on a monthly basis and process necessary journal entries timely and accurately
- (Formerly Suez Water) Utility Industry Leader
- Prepared monthly journal entries and reconciliations.
- Reconciled accounts and created documents for monthly closure procedures.
- Reviewed documents and accounts for discrepancies and resolved variances.
- Reconciled balance sheets and streamlined best practices for balance sheet processes.
- Initiated comprehensive account assessments to check viability, stability, and profitability of business operations.
- Identified legal tax savings and recommended ways to improve profits.
- Led successful migration of financial records to new accounting platform, ensuring seamless transition.
- Improved financial reporting accuracy by implementing advanced Excel functions for data analysis.
- Prepared detailed financial statements for quarterly board meetings, providing clear insights into financial health.
- Contributed to policy development, recommending changes to improve financial procedures and controls.
- Conducted monthly reconciliations for all bank accounts to ensure financial integrity.
- Decreased financial discrepancies, thoroughly investigating and resolving any variances in account balances.
- Strengthened internal controls by reviewing processes, identifying gaps, and proposing improvements to safeguard against fraud or mismanagement of funds.
Assistant Controller
The Connors Group, Inc.
Jersey City, NJ
05.2010 - 11.2012
- Company Overview: (Market Research and Strategic Investments)
- Prepare monthly journal entries and prepare various analytics related to operating expenses
- Prepare Monthly Bank Account Reconciliations for 4 business entities
- Analyze and Record Journal entries for legal expenses
- Perform GL analysis for 4 business entities and provide supporting documents for financial statements
- Identify and prepare revenue reports and provide support for revenue recognition issues
- Prepare and analyze monthly commission reports based on cash collected through credit card processors
- Process incoming and outgoing domestic and international wires to vendors and clients
- Prepare and analyze royalty agreements and establish monthly guidelines for disbursement of payments
- Research various consulting contracts and detail tax impacts on organization
- Review and prepare sales tax for all states where the company does business and prepare annual 1099 forms for 4 business entities
- Perform monthly financial statement analysis and report to management on revenue and business strategies
- Special projects to enhance management and use business analytics as a tool in decision making
- (Market Research and Strategic Investments)
Senior Accountant
Russ Berrie U.S Gift, Inc.
Wayne, NJ
08.2009 - 05.2010
- Company Overview: (Global Gift Manufacturer, Retailer and Distributor)
- Prepare and analyze month-end close documents and P&L reports for various overseas location, including Australia, Canada, U.K and Hong Kong
- Perform global intercompany reconciliation and analysis procedures
- Communicate effectively with staff accountants, accounts payable management, controller and finance leadership
- Manage global consolidations of financial statements on a US GAAP basis
- Effectively monitor and reconcile wires, ACH transfers, lockbox deposits and bank statements
- Communicate with the various Russ stores and provide accounting process enhancement recommendations
- (Global Gift Manufacturer, Retailer and Distributor)
Senior Accountant
Atlas Copco North America LLC
Pine Brook, NJ
06.2007 - 05.2009
- Company Overview: (Global Swedish Manufacturer and Finance Captive)
- Supervision of accounting staff within consolidations unit
- Analyzed budget vs
- Actual expenditures
- Assisted with the consolidation of Foreign General division for reporting to parent company and individual divisional reporting through SAP and Hyperion
- Performed both operational and legal entity accounting and financial reporting timely
- Global consolidations of financial statements on a US GAAP and IFRS basis
- Initiated, monitored and reconciled wires and ACH transfers to and from Atlas Copco group companies and external distributors for loans, lease payments and funding of construction, mining and drilling equipment
- Managed and controlled monthly operating expenses and prepared monthly G/L reconciliation with Atlas Copco North America holding company (ACNA) and Canada Holding (CAH)
- Prepared bank reconciliations for 2 financial institutions in the United States and Canada and resolved monthly variance between book records and bank records, which resulted accurate cash and receivable reporting
- Communicated and analyzed operating results monthly with group business controllers in Sweden, always meeting deadlines
- Completed Consolidations of financial statements and variance analysis
- Performed monthly, quarterly and annual account analysis for all general ledgers on the balances sheet and income statement and recommended measures that increased gross profit ratio to 20%
- Performed inter-company reconciliation and transactions in support of legal entity monthly reporting
- Performed analysis of monthly delinquency for portfolios of capital and operating leases in both the United States and Canada and succeeded in keeping >60 days delinquency at .5%
- Prepared and analyzed monthly reserves for doubtful accounts in the United States and Canada
- Recommended enhancements to banking relations within the United States and Canada
- Provided support, objective, planning and analysis for external and internal audits, in addition to materiality determination during hard close, year-end and interim period
- (Global Swedish Manufacturer and Finance Captive)
Manager Reconciliation/ Account Resolution
Citicapital
Mahwah, NJ
09.2000 - 06.2007
- Company Overview: (Global Finance and Leasing Arm of Citigroup)
- Established strong customer and vendor relationships; revived lost manufacturer’s revenues through financial variance analysis
- Performed internal audits, RCSA and identified process breaks and test procedures in accordance with sox 404 and maintained Sarbanes documentation of internal accounting processes and procedures
- Recorded and tracked all purchase accounting adjustments relating to the acquisition and provided summary to management and tax department
- Produced monthly reporting packages showing each entity’s Balance Sheet, P&L, and supporting schedules to facilitate business decisions by senior management
- Identified methods for reducing month-end close processes, resulting in acceleration of the month-end close calendar by 2 business days to meet senior management deadlines
- Liaised with corporate controllers, accounting policy, tax, and treasury to ensure consistent accounting throughout the firm
- Streamlined the fixed asset sub-ledger system by implementing system upgrades and eliminating manual processes, resulting in increased efficiency by 40%
- Examined and evaluated complex transactions in the GL including goodwill, intangibles, capital contributions, dividends, and minority interest
- (Global Finance and Leasing Arm of Citigroup)
Education
MS - Strategic Analytics
Brandeis University
03.2017
MA - Administrative Science
Fairleigh Dickinson University
04.2014
MBA - Finance
Fairleigh Dickinson University
12.2009
Skills
- PeopleSoft
- Basi Hyperion
- MS Office
- Expense Tracking
- Process Enhancement
- Internal Control Procedures
Educationandlicensure
- MS in Strategic Analytics, Brandeis University, 03/01/17
- MA in Administrative Science, Fairleigh Dickinson University, 04/01/14
- MBA in Finance, Fairleigh Dickinson University, 12/01/09
- Chartered Global Management Accountant (CGMA)
- CPA License # 100188, New York
Timeline
Senior Accountant
Veolia N.A
11.2012 - Current
Assistant Controller
The Connors Group, Inc.
05.2010 - 11.2012
Senior Accountant
Russ Berrie U.S Gift, Inc.
08.2009 - 05.2010
Senior Accountant
Atlas Copco North America LLC
06.2007 - 05.2009
Manager Reconciliation/ Account Resolution
Citicapital
09.2000 - 06.2007
MA - Administrative Science
Fairleigh Dickinson University
MBA - Finance
Fairleigh Dickinson University
MS - Strategic Analytics
Brandeis University