MAHMMOUD MUSTAFA CMA
Summary
Certified Management Accountant (CMA) with extensive expertise in financial planning, analysis, and control, alongside strong proficiency in corporate finance and decision analysis. Proven ability to prepare financial statements, perform variance analyses, and manage budgeting and forecasting processes. Demonstrated excellence in planning, budgeting, and forecasting while ensuring compliance with financial regulations and professional ethics. Skilled in utilizing advanced technology and analytics tools, including ERP systems (SAP, Oracle), Power BI, and SmartView, to optimize performance management and deliver actionable insights. Adept at addressing challenges with a detail-oriented and solutions-focused approach.
Overview
12
12
years of professional experience
1
1
Certification
Work History
Analyst II, Subsidiary Reporting
Transocean
Houston
01.2024 - Current
- Prepare quarterly unaudited consolidated and combined financial statements for certain subsidiary issuers of secured debt requiring financial statements for debt compliance, including financial covenant ratios
- Prepare trial balances, adjusting entries, variance analysis and other analytics, supporting schedules, and workpapers, as required
- Prepare annual and semiannual audited and unaudited consolidated financial statements for certain subsidiary issuers and guarantors requiring financial statements for debt compliance, guarantee requirements, marketing requirements and other purposes
- Prepare trial balances, adjusting entries, variance analysis and other analytics
- Facilitate audits for the audited entities and coordinate the assembly of supporting documentation collected from other functions
- Prepare annual audited statutory financial statements for entities incorporated in Switzerland
- Prepare trial balance, adjusting entries, variance analysis and other analytics
- Facilitate audits and coordinate the assembly of supporting documentation collected from other functions
- Prepare quarterly, annual, and quinquennial government reports
- Submit required reports to the government agencies, and respond to questions, as required
- Create and update project authorizations to track engagements for the independent auditor
- Reconcile and report on full year fees for the audit committee and for public disclosure
- Perform additional duties, tasks, analysis, as requested, including preparing journal entries for subsidiary transactions, such as subsidiary business combinations, disposals, intercompany transactions
Accountant II, Corporate
Transocean
Houston
01.2023 - 01.2024
- Performed monthly reviews of Profit & Loss and Balance Sheet accounts to ensure execution of Monthly Budget Variance (Budvar) analysis and review for assigned Functions to provide applicable variance explanations in accordance with Transocean policies
- Reconciled and analyzed balance sheet accounts for assigned accounts, entities, and cost centers
- Assisted functions VP with the preparation and finalization of quarterly forecast and annual budget for their assigned Functions
- Regular meetings with Functionals VP as required to satisfy month-end and quarterly requirements and support the functional managements in their financial responsibilities
- Ensured timely and accurate recording of all relevant accounting entries, with supporting documentation as required to comply with internal SOX and Audit controls
- Prepared monthly and quarterly schedules for the financial reporting group as assigned (Greenbooks and Analytics), utilizing Power BI for data aggregation and presentation
- Obtained an understanding of company structures and organizational relationship of business units within regions and assigned entities to ensure the correct local business rules are adhered to local requirements
- (Budvar by entity review)
- Adhoc requests and analysis as required by functionals VP to support role and business operation, utilizing Power BI, Oracle, and SmartView for comprehensive data interpretation and reporting
Project Accountant
CAB Enterprise (Electrolit)
Houston
01.2020 - 01.2023
- Performed accounting functions to support supervisors
- Performed treasury accounting projects and reporting
- Performed regulatory and compliance research and participate in evolving processes to ensure corporate adherence, completing regulatory filings
- Assisted with corporate tax accounting
- Draft accounting policies and procedures
- Examine or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards
- Prepared financial statements, business activity reports and financial performance metrics as directed by management
- Developed, implemented, modified, and documented recordkeeping and accounting systems with appropriate statements of procedure (SOPs)
- Assisted with annual budgeting and monthly budget versus actual variance review and reporting
- Participated as a key team member in the finance department on work assignments as assigned
- Review and Reconciling warehouse movements in SAP VS Warehouse portal
- Involved in inventory physical count and reviewing warehouse process
Staff Accountant
EZ Floors
Houston
01.2016 - 01.2020
- Completed payroll-related reporting and reconciliations
- Received, recorded, and performed monthly bank and credit card reconciliations
- Prepared reports on allowance for doubtful accounts and customer payment profiles
- Supervised the general ledger group to ensure all financial reporting deadlines are met
- Obtained and maintained a thorough understanding of the financial reporting and general ledger structure
- Prepared and recorded asset, liability, revenue, and expense entries by compiling and analyzing account information
- Prepared financial reports
Sales Accountant
EZ Floors
Houston
01.2013 - 01.2016
- Managed client accounts
- Implemented a sales plan designed to achieve established sales and financial goals Reported on project profitability to senior management
- Maintained all relevant income, revenue, and expenditure for each project
- Analyzed project expenses and provided commentary
- Provided project managers and clients with timely financial reports and budgets, as well as project forecasts
Education
Certified Management Accountant -
Institute of Management Accountant
12-2024
Master of Science (MS) - Accounting
DeVry University
01.2015
BSc - International Accounting
German Jordanian University
01.2013
Fulda University of Applied Sciences
01.2010
Certification
Certified Management Accountant, Institute of Management Accountant, 135989, 01/24
Key Qualifications
- Certified Management Accountant (CMA) with extensive expertise in financial planning, analysis, and control, alongside strong proficiency in corporate finance and decision analysis.
- Proven ability to prepare financial statements, perform variance analyses, and manage budgeting and forecasting processes.
- Demonstrated excellence in planning, budgeting, and forecasting while ensuring compliance with financial regulations and professional ethics.
- Skilled in utilizing advanced technology and analytics tools, including ERP systems (SAP, Oracle), Power BI, and SmartView, to optimize performance management and deliver actionable insights.
- Adept at addressing challenges with a detail-oriented and solutions-focused approach.
Timeline
Analyst II, Subsidiary Reporting
Transocean
01.2024 - Current
Accountant II, Corporate
Transocean
01.2023 - 01.2024
Project Accountant
CAB Enterprise (Electrolit)
01.2020 - 01.2023
Staff Accountant
EZ Floors
01.2016 - 01.2020
Sales Accountant
EZ Floors
01.2013 - 01.2016
Master of Science (MS) - Accounting
DeVry University
BSc - International Accounting
German Jordanian University
Fulda University of Applied Sciences
Certified Management Accountant -
Institute of Management Accountant
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