Mohamed Saied Abdel Shafy
Finance Manager
Cairo
Summary
Results-driven Finance Professional experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings.
Overview
14
14
years of professional experience
4
4
years of post-secondary education
1
1
Language
Work History
Finance Manager
Raya Restaurants
Cairo
02.2014 - Current
- Analyze day-to-day financial activities through financial analysis, provide proper guidance to upper management on future financial plans and goals.
- Create organizational structures to improve accounting and finance functions.
- Prepare monthly and quarterly management reporting related to performance and Financial Position.
- Manage regular finance tracking for numerous branch offices and headquarters expenses.
- Manager the preparation of special statistical reports which may be required by management.
- Manage the duties and responsibilities of all the Finance /Admin Departments team members.
- Trained new and existing staff members in various financial procedures to prepare for job requirements.
- Organize the accounting office in conjunction with the external/Internal parties.
- Ensure compliance with accounting policies and regulatory requirements.
- Perform strategic data analysis, research, and financial modeling for potential case studies.
- Manage the company's financial accounting, monitoring, and reporting systems.
- Liaise with external Auditors, Bank Managers and Tax specialists.
- Perform financial analysis and investigate variances on financial statements vs. Plan.
- Develop key performance indicators (KPI’s) for the department and monitor the performance against them.
- Review and evaluate new investment cases in alignment with the company vision and provide illustrative analysis for each individual case.
- Preparing and compiling budgets and forecasts and cash flow reports and sensitivity analysis.
Senior Internal Auditor
Al-Watania Poultry Holding -Sulaiman Al Rajhi Group
Cairo
02.2013 - 01.2014
- Evaluates and provides reasonable assurance that risk management, control, and governance systems are functioning as intended and will enable the organization’s objectives and goals to be met.
- Reports risk management issues and internal controls deficiencies identified directly to the audit committee and provide recommendations for improving the organization’s operations, in terms of both efficient and effective performance.
- Evaluates information security and associated risk exposures.
- Evaluates regulatory compliance program with consultation from legal counsel.
- Evaluates the organization’s readiness in case of business interruption.
- Maintains open communication with management and the audit committee.
- Teams up with other internal and external resources as appropriate.
- Engages in continuous education and staff development.
Accountant
Kuwait Food Company, Americana
Muscat
02.2012 - 12.2012
- Performs activities covering materials and production costs, costs of sales, product development, overhead, etc
- Compares actual costs to estimates and analyzes variances
- Analyzes and monitors raw material inventory
- Analyzes actual manufacturing costs and prepares periodic reports comparing budget costs to actual production costs; this includes product margin reporting and analytics
- Compile and analyze financial information to prepare financial statements including monthly and annual accounts
- Ensure financial records are maintained in compliance with accepted policies and procedures
- Ensure all financial reporting deadlines are met
- Prepare financial management reports
- Ensure accurate and timely monthly, quarterly and year end close
- Establish and monitor the implementation and maintenance of accounting control procedures
- Resolve accounting discrepancies and irregularities
- Continuous management and support of budget and forecasts activities
- Monitor and support taxation issues
- Develop and maintain financial data bases
- Financial audit preparation and coordinate the audit process
- Ensure accurate and appropriate recording and analysis of revenues and expenses
- Analyze and advise on business operations including revenue and expenditure trends, financial commitments and future revenues
- Analyze financial information to recommend or develop efficient use of resources and procedures, provide strategic recommendations and maintain solutions to business and financial problems
- Responsible for the foreign franchisor's royalty transfers (KFC - Hardee's - TGIF)
Accountant
Nextcare
Cairo
02.2011 - 02.2012
- Prepare profit and loss statements and monthly closing and cost reports
- Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions
- Establish, maintain, and coordinate the implementation of accounting and accounting control procedures
- Analyze and review budgets and expenditures for local, state and private funding, contracts, and grants
- Prepare and review budget, revenue, expense, payroll entries, invoices, and other accounting documents
- Analyze revenue and expenditure trends and recommend appropriate budget levels, and ensure expenditure control
- Explain billing invoices and accounting policies to staff, vendors and clients
- Recommend, develop and maintain financial data bases, computer software systems” Tatsh & Peachtree "and manual filing systems
- Interact with internal and external auditors in completing audits
- Responsible for 6 Bank Accounts and for the petty cash
- Other duties as assigned.
External Auditor
Baker Tilly
Cairo
09.2009 - 02.2011
- Preparing the financial statements (balance sheet, income statement, cash flow and changes in shareholder’s equity statement)
- Performing analytical procedures according to the audit program
- Checking the reliability and accuracy of the accounting records
- Assessing and testing the internal control environment, assessing control risk and reporting weaknesses to client’s management
- Coordination with external audit team for attestation services and compilation services to issue the auditor and accountant report
Education
Bachelor of Science - Accounting and Finance
Ain Shams University
Cairo, Egypt 09.2005 - 06.2009
MBA - Finance Analysis
EMBA -University of Tennessee Martin
Tennessee 01.2023 - Current
Skills
KPI management
undefinedTimeline
MBA - Finance Analysis
EMBA -University of Tennessee Martin
01.2023 - Current
Finance Manager
Raya Restaurants
02.2014 - Current
Senior Internal Auditor
Al-Watania Poultry Holding -Sulaiman Al Rajhi Group
02.2013 - 01.2014
Accountant
Kuwait Food Company, Americana
02.2012 - 12.2012
Accountant
Nextcare
02.2011 - 02.2012
External Auditor
Baker Tilly
09.2009 - 02.2011
Bachelor of Science - Accounting and Finance
Ain Shams University
09.2005 - 06.2009
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