Mohamed Tawfik
CPA
Sunny Isles,FL
Summary
My Key Projects and Achievements:
● Successfully launched beIN Sports Company in the Asia Pacific in less than 1 year in the capacity of Finance Manager.
● Structured the Business Plan and Profitability Analysis of the acquisition of MP&S business in Singapore and Hong Kong.
● Directed the operational and financial activities of migration from legacy ERP to Oracle ERP in 15 months for beIN.
● Supervised the internal advisory team on complex accounting transactions, internal controls, and processes’ designing.
● Executed investigations and detections of Fraud Schemes including misappropriation of funds, bribery, and employee theft, and embezzlements.
Overview
3
3
Languages
5
5
Certificates
4
4
years of post-secondary education
12
12
years of professional experience
Work History
Record to Report Process Manager
Majid Al Futtaim
Egypt
11.2020 - Current
● Managing the transition of the Finance Shared Service Center for Vox Cinemas, Leisure and Entertainment ("L&E") business.
● Managing the Group consolidated financial statements for MAF Ventures under IFRS.
● Responsible for designing adequate control environments and closing processes across the Group.
● Providing financial analysis decision support across the business.
● Driving the finance and accounting teams' financial and operational excellence and having full ownership of financial and management accounts and all internal and external reporting.
Financial Reporting and Compliance Manager
BeIN Sports HQ - Channel
The Middle East
11.2016 - 08.2020
● Managed the implementation of IFRS 9, IFRS 15, and IFRS 16.
● Led the technical accounting team and structured complex accounting policies including estimates and judgments.
● Participated in shaping the sales operations strategy to increase the market share and sales in the MENA region.
● Supervised the changes in Oracle ERP from accounting compliance, operational, risk, and control perspectives.
● Supervised the Group Consolidated Financial Statements including subsidiaries in the US, Europe, MENA, and APAC under IFRS.
Finance Manager
BeIN Asia Pacific
Singapore
11.2015 - 11.2016
● Prepared sensitivity analysis and opportunity costs for the Asian markets to decide on the market penetration and sales strategy.
● Managed the business transfer and the novation agreements from MP&S in Singapore and Hong Kong to beIN in Asia.
● Complying with IFRS and local GAAP, tax (including GST) requirements, and handle communication with external auditors.
● Building up accounting functions, billing customers, and debt collections from business acquisitions.
Senior Financial Reporting and Compliance
BeIN Sports HQ - Channel
The Middle East
09.2014 - 11.2015
● Prepared the Group Consolidated Financial Statements including subsidiaries in the US, Europe, MENA, and APAC under IFRS.
● Supervised the Oracle ERP implementation in beIN Sports by redesigning and reengineering the current business processes.
● Responsible for accounting for significant transactions including acquisitions of subsidiaries, and impairment testing.
● Prepared profitability ratio analysis, financial ratios and other KPI’s reports that are crucial for performance monitoring.
Senior Auditor
Ernst & Young
The Middle East
09.2011 - 08.2014
● Prepared the audit strategy and plan and resolved significant audit matters with clients and audit Managers/Partners.
● Provided audit instructions to component auditors, led, and coached audit engagement team members around the globe.
● Designed the appropriate audit programs (testing techniques) to audit relevant assertions for account balances.
● Drafted the audit report and assisted clients in preparing Financial Statements according to IFRS and Local GAAP.
Associate
PWC Consulting
Egypt
10.2008 - 09.2011
● Audited the account balances and transactions and reported on audit findings and the recommended improvements.
● Assessed the risks and internal controls by evaluating manual and automated business processes and procedures.
● Assisted clients in preparing Financial Statements according to Local GAAP and other reporting frameworks.
● Presented audit simulations for university students in Egypt including American and British Universities.
Education
Bachelor of Science - Accounting And Business Management
Helwan University
Egypt 09.2004 - 05.2008
Skills
IFRS
Financial Modelling
Financial Reporting and Analysis
US GAAP
IFRS Implementation
ERP Implementation
Consolidated Financial Statements
People management
MS Office
Corporate Finance
Valuations
Fixed Income
M&A
Auditing
Financial Due Diligence
Certification
Passed CFA Level II
Timeline
Passed CFA Level II
12-2020
Record to Report Process Manager
Majid Al Futtaim
11.2020 - Current
Passed CFA Level I
12-2019
Certified Practicing Accountant (CPA) – CPA Australia – Membership #10670057.
05-2019
Financial Reporting and Compliance Manager
BeIN Sports HQ - Channel
11.2016 - 08.2020
Finance Manager
BeIN Asia Pacific
11.2015 - 11.2016
Chartered Global Management Accountant (CGMA) – Membership #110060073.
12-2014
Senior Financial Reporting and Compliance
BeIN Sports HQ - Channel
09.2014 - 11.2015
Certified Public Accountant (CPA) – New Hampshire Board of Accountancy - License #7014.
01-2014
Senior Auditor
Ernst & Young
09.2011 - 08.2014
Associate
PWC Consulting
10.2008 - 09.2011
Bachelor of Science - Accounting And Business Management
Helwan University
09.2004 - 05.2008