1. Wael Mohamed Abou-zeid Ibrahim
Mobile: 002 0111 8408406
E-mail: wabouzeid2007@gmail.com
Career Objectives:
A new challenge within the top management team in a world-class business, where could develop continuously, and where my
qualifications and experience in finance would contribute to the corporate success.
Education:
- Bachelor Degree, Faculty of Commerce “Ain Shams University” - Accounting Section (1999).
Career Summary:
Jun. 2008 till present :
- Company : “Etisalat Misr“
- Company’s Summary: One of the biggest firms in telecom field in Egypt and one of the Etisalat Emirates group Telecom Companies.
- Titles : Manager (Finance Dept. – Fixed Assets Division)
Senior Supervisor (Finance Dept. – Fixed Assets Division)
- Main Duties & Responsibilities:
• Manage and control Etisalat Misr Fixed Assets which is around 15 billion EGP to make sure its proper handling.
• Prescribe the accounting treatment for owned assets.
• Ensure adequate policies are in place with respect to procurement, approval, receipt, recording and capitalization of
assets.
• Ensure that sale / disposal or write off of assets are duly authorized and are recorded completely and accurately.
• Ensure that the Etisalat Misr applies fair and consistent depreciation policy for the assets.
• Define the management policy with respect to safeguarding of assets.
• Tender Evaluation & reviewing new LOI’s, LOA's and contracts related to Fixed Assets.
• Request and validate access on oracle for the FA team as per need.
• Reviewing new PO’s to be approved on Oracle.
• Review closing entries made by subordinates and handling audit requirements.
• Post mass additions to FA module and run depreciation.
• Reviewing monthly backup related to Fixed Assets accounts.
• Prepare annual physical count instructions and follow up for physical count variances and justifications.
• Prepare cash projection for major Fixed Assets suppliers.
- Achievements:
• Build ERP system for Fixed Assets Register per each assets and locations.
• Build Assets Tracking System (ATS) for IT assets items.
• Establishing Financial Accounting process / procedures/ policies related to Fixed Assets.
• Assist in creating new automated solutions.
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2. • Build Capital Commitment register.
• Assist in building Technical warehouses.
• Capitalization of interest & salaries related to sites under construction.
Aug. 2005 till Jun. 2008 :
- Company : The Egyptian Company for Mobile Services “Mobinil“
- Company’s Summary: One of the biggest firms in telecom field in Egypt and one of the Orange & Orascom Telecom Companies.
- Titles : Principal Accountant (Finance Dept. - Consolidation & Reporting Division)
Senior Accountant (Finance Dept. - Consolidation & Reporting Division)
- Main Duties & Responsibilities:
• Prepare monthly consolidated financial statements for ECMS and Mobinil Telecom.
• Consolidate the different performance reports received from other finance functions.
• Assist in reviewing the backups needed for the monthly financial statement.
• Prepare part of the financial reports required for auditing purpose.
• Prepare reconciliation and accruals for some accounts before monthly closing.
• Analyze financial data & figures and check discrepancies.
• Review closing entries made by subordinates and handling audit requirements.
• Review the input provided by other finance functions into the financial statement.
• Prepare & Report the financial statements as per Shareholders standards & Mapping.
• Applying Sarbanes-Oxley (SOX) internal controls to the financial structure of the company, and introducing these
controls
to my division.
- Achievements:
• Create new automated reports to meet other finance divisions’ requirements through ADI.
• Facilitating Mobinil financial accounts mapping to meet shareholders packages.
Jun. 2004 – Aug. 2005 :
- Company : Mohamed Abdelmohsin Kharafi & Sons “MAK“
- Company’s Summary: MAK is one of the big firms in contracting, trading & Industries field in Middle East.
- Title : Accountant (AP, Costing, Audit & Reporting)
- Main Duties & Responsibilities:
• Tracking all the purchase orders related to inventory.
• Prepare J.V. for all transactions related to receiving goods.
• Calculate the average cost of each item of inventory.
• Responsible for reconciliation of supplier statements with company records, coordinating with supplier on adjustment,
liaising the same with my manager and finally making the supplier payments.
• Review the charges related to custom duties, port landing, clearing & transportation.
• Preparation of bank payment vouchers and cash payment vouchers.
• Review of bank accounts and preparation of bank reconciliation statements.
• Prepare the advices for H.Q. or our subsidiary companies.
• Prepare monthly financial report for two subsidiary companies.
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3. • Preparation of monthly analysis of accounts receivables and accounts payables.
• Assisting in the month end closing which includes reviewing the journal vouchers with data entry on the system.
Feb. 2000 – Jun. 2004:
- Company : The Egyptian Company for Mobile Services “Mobinil“
- Company’s Summary: One of the biggest firms in telecom field in Egypt and one of the Orange & Orascom Telecom Companies.
- Title : Junior Accountant (Inventory, AP, Costing& Expenses)
- Main Duties & Responsibilities:
• Collect the entire document related to inventory.
• Tracking all the purchase order related to inventory.
• Update database with all documents to determine the daily inventory balance in all location.
• Received all the invoices related to inventory and update it on invoice register.
• Prepare J.V & P.V on oracle related to inventory.
• Calculate the average cost of each item of inventory.
• Prepare & records the monthly entry for Cost of sales.
• Prepare the break down for inventory balance with fully back up.
• Prepare the stock coverage report and inventory analysis.
• Prepare monthly required reports such as inventory purchasing, inventory out, stock coverage & inventory balance.
• Establishing procedures and process for new project related to inventory.
• Compare the actual stock issued according to (LCS) with the actual qty. records on revenue dept. according to (CAR).
• Prepare for the annual physical count.
• Prepare the expenses vouchers & entries related to rent and electricity.
- Achievements:
• Reducing the variances related to the annual physical count.
• Getting the LCS for most locations equal the physical count with serials.
• Create some reports that help the other channels (Example: Inventory Balances report).
• Monthly reconciliation for Distributors & Shops issuance between CAR & LCS.
Highlights of Qualifications:
- Admirable experience in supervising accounting activities
- Operational knowledge of Microsoft Office Applications
- Thorough knowledge of accounting systems
- Ability to manage multiple task and prioritize work
- Ability to manage staff and provide training
- Ability to resolve all issues efficiently
- Ability to maintain accuracy on all work
- Ability to complete work within deadline
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4. Personal Information:
- Address : New Cairo – Cairo – Egypt.
- Military Service: Exempted
- Date Of Birth : 01/10/1977
- Nationality : Egyptian
- Marital Status : Married
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