Abdelhamid Yehia
Financial Manager at LSH ( Homaizi Group)- Claim this Profile
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Bio
Experience
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LSH ( Homaizi Group)
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Retail
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1 - 100 Employee
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Financial Manager
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May 2014 - Present
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TitleFinancial Manager
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May 2014 - Present
● Control the budgeted expenses & purchases on daily base.● Report the unbudgeted expenses or unfavorable budget variances, and prepare monthly budget variances reports with its analysis. ● Supervise the & retail outlets accounting section.● Review & evaluate the work flow process & create new work procedures.● Member of Quality Management Committee which is assigned by the board to evaluate, review & update the company policies & procedures.● Prepare & edit monthly financial statements, estimated expenses, accounts variance analyses reports by cost center.● Evaluate the accuracy of the accounting figures by reviewing the accounting ledger on monthly basis.● Share in preparing the company annual budget.● Reports to GFC & responsible for the financial/management accounts, audits, budgets, cash flow management & the regulatory compliance of the Co. ● Maintains financial policies & procedures to international standards. ● Assists in the development & implementation, including the financial impact, of strategic business and/or operational plans, projects, programs & systems. Keeps Management informed of the company’s financial position at regular intervals. ● Delivers the Annual Budget & Cash-Flow Forecast, providing advice/guidance to budget holders/ Management for initial budgets & revisions. ● Formulates project budgets & project financial reporting. ● Processes/reports on revenue, expenditure, remuneration/expenses, ledgers, bank reconciliation; debtors/creditors; creates appropriate spreadsheets to assist in daily & monthly analysis of information. ● Interacts with Banks/Fin. Instants for Bank Guarantees, LCs & short/long term financing. ● Ensures the financial information systems of the co. meet necessary accounting requirements, data entry is timely and accurate, & computerized accounting systems are upgraded as required. ● Organizes & liaises with auditors to facilitate internal/external audits; reviews internal procedures in the light of audit Show less
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Mobile shop
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Telecommunications
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700 & Above Employee
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Senior Accountant
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May 2008 - Apr 2014
● Prepare and edit journal entries. ● Opening& closing entries. ● Accounts posting, accounts payables, ● Manage & follow up bank transactions, LG, LC. ● Generate monthly sales tax report. ● Audit& analyze customers, suppliers account with its related collections and payments ● Audit warehouse transactions and assure that it has done according to the company policy with the right procedure. ● Participate in the end of year audits. ● Participate in taxation audit. ● Prepare and edit journal entries. ● Opening& closing entries. ● Accounts posting, accounts payables, ● Manage & follow up bank transactions, LG, LC. ● Generate monthly sales tax report. ● Audit& analyze customers, suppliers account with its related collections and payments ● Audit warehouse transactions and assure that it has done according to the company policy with the right procedure. ● Participate in the end of year audits. ● Participate in taxation audit.
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Education
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Cairo University
Accounting and Finance