MENA LOTFY
Hawally
Summary
Senior Accountant with 11 years experience and strong background accounting methodologies such as ledger process, accounts reconciliation's seeking for Chief Accountant job in a fast growing organization to build our best accounting practices and make accounting as a competitive advantage within the organization.
Overview
11
11
years of professional experience
Work History
Senior Accountant, Acting Chief Accountant
Overjar Restaurants Management Co.,
Shuwaikh
07.2023 - Current
- Overseeing all daily operational task for smooth financial operations.
- Follow up with Accountants the daily posting of Journal entries for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “ to issue the financial reports on time without delaying.
- Follow up with Accounts Payable regarding AP payments for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “ to be up to date and avoid the delay issuing Cheques.
- Assist all suppliers for any issues regarding balances discrepancies and prepare necessary reconciliations.
- Follow up with Costing Department regarding credit invoice posting and the Monthly-End closing for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “.
- Follow up and review with HR Department staff salaries, monthly leavers and annual staff vacations payments for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “.
- Monitor company Fixed Assets sheet for any additions, disposal or scrap items to be match with fixed assets module in ERP system.
- Review all files from HR, Accounts Payable before submission to CFO.
- Handling the Month-end closing process for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “ with preparing of Income statement, Balance sheet, Fixed Assets and Bank Reconciliation reports.
- Handled Annual Year-end closing for four brands “ Overjar, Woop, White Bottle, OH MY COOKIES “ after ensure that all data is posted and necessary adjustments being done and assisting the External Auditor until issue the Financial Statements.
- Undertake other duties as requested by CFO.
Senior Accountant
Overjar Restaurants Management Co.
Shuwaikh
01.2023 - 06.2023
- Implement New ERP for WOOP brand after being sure of all Modules General Ledger, Accounts Receivable, Accounts Payable and Fixed Assets is working well
- Handle sales report for 13 outlets of Overjar and WOOP and monitoring all Cash, K-net, Visa and Master with the bank statements
- Record all revenues for WOOP and Overjar in ERP system and SunSystem
- Monitor delivery platforms revenue such as 'Talabat, Deliveroo, Jahez and Cari' by booking all the related commissions, and the transfer amounts to ensure matching of the balances with each customer
- Prepare recap payments for WOOP and Overjar such as Cash or Cheque after getting all the approvals for the payment requests
- Prepare aging report as requested by the Finance Manager
- Prepare supplier payments for WOOP and Overjar after posting all the purchase invoices
- Handle recording petty cash for WOOP and Overjar of the outlets and admin staffs after reviewing all the documents and proceed for the payments
- Handle General Cashier petty cash of each brand for urgent purposes with usually monitoring of the balance to be match with the system
- Checking the payroll of the 2 brands which submitted from HR department to ensure of removing the on vacations staff before submitting to Finance Manager
- Checking staff vacations and Indemnity calculations which submitted by HR department before submitting to the Finance Manager
- Upload salary, Indemnity, leave payment files on online of the 2 brands for Approvals of Finance Manager and CEO
- Recording monthly prepaid, accrued, petty cash, delivery commissions, depreciation, staff salaries and accruals, bank and expenses
- Allocating all the Head Office expenses to the outlets
- Prepare monthly P & L of 2 brands after posting all the period revenues and expenses
- Assist Finance Manager monthly and annual closing
- Assist Finance Manager with external auditor requirements.
Senior Accountant
MMC Catering
Kuwait
06.2021 - 12.2022
- Handle sales reports for 6 outlets of WOOP brand ( MMC Subsidiary )
- Handle sales reports for Contracts and Catering department
- Handle petty cash for Catering, Contract departments and WOOP brand
- Booking all delivery commission 'Talabat, Deliveroo, Cari and Jahez'
- Handle AP starting from receiving the payment request after getting all the approvals to issue either Cash or Cheque payments
- Prepare Supplier aging report after posting monthly purchases for the 3 departments and Cheque payments
- Handling all General Ledger transactions such as Accruals, Prepayments, Bank, Leave and Indemnity and Fixed Assets
- Checking payroll file which submitted from HR department to ensure of removing on vacation staffs
- Checking Leave and Indemnity calculations of staff which submitted from HR department
- Upload salary, vacations and leavers payments on online banking
- Prepare P & L for WOOP brand at the end of each month
- Assist Finance Manager for monthly and year end closing
- Assist Finance Manager with external auditor requirements till the issuance of financial statements.
Senior Accountant
UFIG ( United Foodstuff Industries Group - Sable Sweets )
Subhan
02.2014 - 04.2021
- Handling new product costing starting from getting recipes from production section head, preparing costing sheet, submit to authorized manager for final pricing approval and create on ERP system 'puts to all POS machines'
- Handling revenues for 20 outlets starting from checking the c-report and preparing daily and comparative sales reports, cash monitoring report by comparing actual cash sales car bank deposit and prepare bank journal entries
- Handle recording for all General Ledger transactions for our 3 entities 'FMGC' including Accruals, Prepayments, Bank, Indemnity and Leave payments which submitted from HR department
- Handle recording of all company petty cash transactions and reconciliation for 20 outlets, Admin and Maintenance staff
- Handle Fixed Assets Module starting from verifying the acquisition documents and create new on ERP system
- Post new arrival import shipments on the system by adding all related expenses such as 'Frieght, Clearance, Handling and other charges' after confirmation of matching the physical quantity with packing list and received by the responsible store in charge personnel
- Recording AP/AR invoices through purchase order and sales order
- Preparing monthly payments schedule for suppliers
- Reconcile the subsidiary account, accounts payable and accounts receivables
- Monthly bank reconciliations
- Monitor and support Juniors sales staff with daily works to ensure accuracy and smooth run
- Assisting for preparing financial statements
- Assisting for monthly and year end closing
- Assist Chief Accountant and Financial Controller with external auditor requirements till the issuance of financial statements
- Maintain the General Ledger accounts by posting vouchers on time and reviewing monthly Trial Balance
- Prepare year end inventory count report and check long the variances for subsequent actions
- Any other tasks assigned by direct supervisor.
Accountant
Al-Deek Al Roumi Catering
UFIG Subsidiary, Subhan
01.2014 - 01.2014
- Prepare daily sales report
- Recording all suppliers purchase invoices transactions
- Recording all customers sales invoices transactions
- Prepare monthly payments schedule for suppliers
- Recording branches and staff petty cash after verifying the documents
- Recording all subsidiary transactions.
Store keeper
UFIG ( United Foodstuff Industries Group - Sable Sweets )
Subhan
05.2013 - 12.2013
- Physical receiving by comparing actual quantities with submitted purchase order
- Posting received supplier invoices on ERP system
- Issue requested quantities to production departments based on request voucher
- Post the request voucher in ERP system to maintain inventory accuracy
- Prepare monthly, quarterly, annually consumption reports as per requested either by item or by group wise.
Education
Bachelor - Faculty of commerce
Sohag University
08.2012
English Course -
12.2012
IFRSDip - June 2024 Till Now -
ACCA
Skills
- Flexibility
- Problem Solving
- Critical thinking
- Communication
- Teamwork
- Responsibility
- Fast Learning
- Hard Working
- Analytical
- Microsoft Excel
- Work under pressure
- ICDL
Erpexperience
- SunSystem.
- Microsoft Dynamic Cloud.
- Microsoft Dynamics ERP NAV.
- Microsoft Dynamics ERP Version 2009 and 2012 system.
- Microsoft Dynamics ERP 365.
- Al-Shamel system.
Personal Information
- Place of Birth: Sohag
- Date of Birth: 17/05/1991
- Gender: Male
- Nationality: Egyptian
- Driving License: Available
- Marital Status: Single
Timeline
Senior Accountant, Acting Chief Accountant
Overjar Restaurants Management Co.,
07.2023 - Current
Senior Accountant
Overjar Restaurants Management Co.
01.2023 - 06.2023
Senior Accountant
MMC Catering
06.2021 - 12.2022
Senior Accountant
UFIG ( United Foodstuff Industries Group - Sable Sweets )
02.2014 - 04.2021
Accountant
Al-Deek Al Roumi Catering
01.2014 - 01.2014
Store keeper
UFIG ( United Foodstuff Industries Group - Sable Sweets )
05.2013 - 12.2013
Bachelor - Faculty of commerce
Sohag University
English Course -
IFRSDip - June 2024 Till Now -
ACCA