Experience

• 

  The American University in Cairo

  • Egypt
  • Higher Education
  • 700 & Above Employee

  • Senior Accountant, Accounts Receivables & Revenues

    • Sep 2021 - Present

    •Oversee all aspects of Accounts Receivables function setup of new processes and ways of working to maximize revenues and cash inflow. •Assist the Senior Director of the office in Developing, revamping, and reviewing all AUC financial policies and procedures to enhance more improvements in the accounts receivables, revenues recognition, and collections. •Implementing debt collection policies and regulations of AUC. •Oversee all aspects of the Billing function including managing to contractual deadlines, review of donor invoices, and revenue recognition. •Communicate effectively with staff as well as the various departments that play a role in the Billing and A/R functions.•Assist the Senior Director of the office in Leading process improvement initiatives, and finding solutions to complex billing, revenue, and accounts receivables issues. •Ensure postings to AUC revenues are done accurately and correctly in a timely manner.•Post monthly closing AR, revenues, and Cost of Goods Sold (COGS) entries for AUC Press and Bookstore after verifying all entries and the adequacy of supporting documents.•Monitor the processing of invoices to make sure it’s in compliance with AUC policies and regulations. •Interact with AUC channels and offices in non-payment cases.•Apply AUC writing off and provisions policies and procedures wherever applicable. •Follow up with the Offices generating revenues such as student accounts, development office, AUC press and bookstores, etc...•Assist the Senior Director of the office in setting objectives for the account receivables, revenues, and collections that align with the accounting department’s goals.•Ensure high-quality invoicing and collection procedures that comply with the law.•Oversee the negotiation with clients in non-payment cases.•Performs financial review over departments generating and processing revenue transactions. •Produce aging reports and oversee timely collection of payments and handle missed payments.

  • Senior Accountant, Student Accounting

    • Feb 2021 - Sep 2021

    • Make sure that the tuitions and fees are charged and collected according to the university policies and procedures. • Ensure better serving of AUC students, parents and guardians. • Update AUC general ledger with financial transactions posted to Banner. • Checking students bills to make sure that the amounts reflect the correct calculations and opening balance according to prices printed on the university catalog, scholarships on the Banner and payments made. • Match the amounts paid on the bank statement with the amounts credited to student account on the Banner weekly. • Review all USD balances related to the international students in Banner and prepare financial reports of outstanding balances monthly. • Prepare overpayment and student’s loan refunds according to the university procedures on a daily basis. • Authorize refunds made through the New York Office and prepare account breakdown for each on a daily basis. Verify that student payments by Citibank New York are reflected correctly to Banner. • Process all accounts reconciliations on SAP versus Banner and bank statements in all currencies in case of the general ledger related to bank account. • Proper follow up with all accounts receivables area to resolve discrepancies.• Reconcile a diverse set of general ledger balance sheet accounts.• Responsible for clearing, reconciling and finalizing all settled/unsettled transactions on All financial services related to the Student Accounting Office and assuring the proper accounting booking of all revenues, expenses, fees and charges by all finance/non-finance areas within the University.• Continuously follow-up on all Un-reconciled items and process all related adjusting entries on SAP and Banner. • Revise and enhance the monthly reconciliation consolidated reports by the required deadlines.• File all prepared accounts in a well-organized manner.• Support efforts to automate/integrate the reconciliation process.• Maintain accurate reports.

  • Principal Accountant, Vendor Accounts & Contracts

    • Dec 2018 - Jan 2021

    •Perform the auditing procedures related to the requests for payments of all local and foreign purchased items and services to make sure that all payments are made on time, accurately and in accordance with AUC policies and regulations. •Review all assets and grants purchase orders and issue all related park invoices on SAP and submit the payments to the related assets and grants offices. •Review all IT and software contracts, construction services contracts, and business support documents and proceed with all related payments according to AUC financial policies, procedures and generally accepted accounting principles (US GAAP). •Issue all local and foreign advance payments and keeping track of open advance payments to settle related payments and follow up with the vendors’ letters of guarantee or letters of credit, maintain records and correspondence related to them, accurately and regularly updates the records. •Process all prepayments, accrual transactions and process all related accrual reverse transactions on SAP to allocate the expense on the proper fiscal year to obtain accurate expenditures report that help the Budget Office and departments in their budgeting forecasting process. •Perform auditing for all documents that deserve delay penalties and apply the percentage of penalties on SAP according to AUC delay penalty policies and procedures. •Prepare cash out forecasting report in order to sustain adequate funds in the AUC bank accounts. •Prepare a quarterly DPO report analysis and submit it to the Procurement and Internal Audit.•Develop, revamp and review all AUC financial policies and procedures related to the Controller’s Office. •Preparing, checking and auditing procedures related to the vendor’s disbursement documents in a timely manner, at the same time making sure that the material was officially ordered and actually received in proper conditions and billed in accordance with the terms and conditions of the purchase orders.

  • Specialist, Vendors Accounts & Contracts

    • Dec 2014 - Dec 2018

    • Maintain & control all financial issues for the university service contracts /agreements with local suppliers, and manage related financial issues along with the related departments. • Prepare payments manual warrants and SAP payment transactions for grants and assets and ensure its compliance to rules and regulations and sending to the related offices within the Controller’s Office. • Processing all local and international payments to the vendors after ensuring its compliance with the university’s payment policies and procedures. • Arranging with budget office on resolving any budget issues while affecting payments to vendors or any task related to budget transfer. • Acts as a primary contact between the SCM department and the Controller’s Office for all related financial issues. • Monitoring unbilled transactions (advance payment, etc.) & reconcile on regular basis. • Perform annual financial stores inventory reports and submit them to the internal and external auditors.

  • Purchasing Accountant

    • Dec 2010 - Dec 2014

    • Prepare payments manual warrants and SAP payment transactions for grants and assets payments after invoices verifications for payment (3 way matching) and ensure its compliance to rules and regulations and sending to the related offices within the Controller’s Office. • Processing all local and foreign payments to the vendors after ensuring its compliance with the university’s payment policies and procedures. • Receive and audit all local and foreign invoices after matching with the related purchase orders (3 ways matching) and issuing all related parked invoices and payment transactions on SAP. • Receive and review all purchase orders in compliance with the purchasing policies.• Attaches the corresponding purchase orders to incoming invoices with all supporting documentation. • Reconcile vendors’ account on a regular basis.• Contact vendors for any account discrepancies. • Perform the annual financial stores inventory at the end of each fiscal year and submit the related reports to controller’s office, internal and external auditors.

  • Inventory Control Supervisor

    • Apr 2010 - Dec 2010

    • Be responsible for the maintenance of all necessary records to provide for accurate control and accountability of all the movable equipment and furniture and stores and inventory of the university. • Execute the physical inventory process and physically observe all equipment and furniture on the inventory list during the annual verification of equipment. • Audit the department’s self-inventory process. Process inter-transfers of movable assets. • Print tags manual /automatic through SAP. Process inventory functions on SAP.• Perform the annual financial stores inventory at the end of each fiscal year and submit the related reports to Controller’s Office, internal and external auditors.• Guide /advice personnel who have responsibilities over university movable assets. • Handle inter-transfer notes of movable assets and maintain organizational filling of main stores transfer notes and requisitions. • Maintain records of personal custody and ensure that all items meeting the definition of sensitive minor equipment are entered in the universities’ equipment inventory records in SAP. • Ensure that theft or discrepancies of equipment should be reported to campus security as soon as possible after the loss is discovered. • Ensure that exit permit report is completed for all items that will be taken out of campus.