The document provides a summary for a candidate seeking a senior management position in finance and accounting with over 17 years of experience. The candidate's areas of expertise include accounting, financial reporting, budgeting, cost analysis, and internal controls. Currently, the candidate works as the Head of Finance and Accounting for a fashion company, overseeing accounting operations, financial reporting, and budgeting and forecasting.

1. Head of Finance and Accounting Department
Submitted by: Wael Megalaa, MBA – CMA, Cell: 201-355-7098
Address: 280 Riverside Ave, Lyndhurst NJ 07071
Email: wael_hakim2000@yahoo.com
www.linkedin.com/pub/wael-megalaa-mba-cma/15/206/81a/en
SUMMARY
Seeking a senior management position in Finance/Accounting, where more than 17 years of my management experience
will provide leadership and day-to-day management of the finance and administration functions, ensuring that these
functions meet full legal requirements at all levels of the organization and strive for timely and effective results.
.Excellent communication and leadership skills including the ability to supervise and develop staff members. Areas of
strength include:
Accounting Policy & Procedures Treasury managing GAAP, IFRs Compliance
Financial Reporting Planning & Analysis Accounting Operations Internal Audit ISO
Cost & Inventory Accounting Budgeting & Forecasting International Consolidations
Strategic Planning Controlling Start-up Experience
PROFESSIONAL EXPERIENCE
HOT SHOT HK LLC| Manhattan, NY Oct. 2013 to Present
(Leader Company in fashion and apparel industry with an annually revenues +$30MM)
Head of Finance and Accounting Department
• Controlling and Managing all A/P activity
• Controlling and Managing all A/R activity
• Daily and Monthly bank rec’s
• Managing the monthly closing entries, and analysis PL and BS
• Inventory control
• All GL entries, and accruals
• Fixed assets registration
• Loan manager and preparing monthly borrowing base
• Reconciling book A/R with the merchant factor A/R
• Managing the Year end financials and coordinate with CPA firm
• Assisting with CPA firm for annual tax return and 1099’s forms
• Preparing projection CF monthly and annually,
• Preparing financial projections and re-forecasting process
• Developing audit programs to test the effectiveness of internal controls and confirm compliance
COMQI INC | Manhattan, NY Nov. 2012 to Oct 2013
(A Global leader providing a powerful multi-channel message management platform that controls a network’s content
and infrastructure with total revenue $50M)
Corporate Group Accounting and Reporting Manager
• Prepared and managed the all group treasury transactions on daily basis
• prepared annual Budget, Business plan and all updated scenarios
• Established and monitored a new Sales Forecast Model based on KPI’S
• Participated in Pricing model
• Prepared and analyzed BVA (Budget Vs. Actual) reports for each subsidiary and on consolidated level , also
reviewed the financials to make sure it’s matching with GAAP, and IFRS
• Responsible for Intercompany transactions and balances matching
• Assisted the CFO for any kind of reporting and special missions

2. • Assisted the group controller for fulfillment the Auditors requirements.
Chic Home Design LLC | New Brunswick, NJ May. 2012 to Nov 2012
(Whole Sale, Retail and E-Commerce for bedding materials and home accessories with total revenue $10MM)
Financial and Accounting Manager – Consulting-
• Accomplished accounting and human resource objectives by recruiting, selecting, orienting, training, assigning,
scheduling, coaching, counseling, and disciplining employees; communicating job expectations; planning,
monitoring, appraising, and reviewing job contributions; planning and reviewing compensation actions; enforcing
policies and procedures.
• Met accounting financial objectives by forecasting requirements; preparing an annual budget; scheduling
expenditures; analyzing variances; initiating corrective actions.
• Confirmed financial status by monitoring revenue and expenses; coordinating the collection, consolidation, and
evaluation of financial data; preparing special reports
• Maintained accounting controls by establishing a chart of accounts; defining accounting policies and procedures
• Maintained financial security by establishing internal controls
Healing Hands Home Care | Jersey City, NJ Jan. 2012 to May2012
(Supplier for Medical Equipment’ with total revenue $2MM)
Finance Director – Contract Period –
• Oversaw all financial operations and direct corporate financial planning and structure
• Oversaw audit and coordinate activities with outside audit firms and reviewed firm’s performance
• Proficiency in all aspects of corporate accounting and all pertinent GAAP
• Reported to President
• Established an Auditing and controlling system which assisted the company to increase its revenues by 25%, and
recovered over $350k of insurance claims.
Orascom Holding Telecom “OTH”| Cairo, Egypt 2003 to 2011
(Orascom Telecom (OTH) established itself as a global brand and is considered today to be one of the largest and most
diversified telecom operators. Orascom Telecom is operating GSM networks in high growth markets in the Middle East,
Africa and Asia, OTH +$4 billion revenues)
Budgeting, Planning and Controlling Manager
• Prepared short and long-term financial forecasts of financial performance for use with internal management and
external parties
• Provided operational support for high-volume financial institution.
• Partnered with CFO to create and revise annual budget for Program services.
• Reported and consolidated company financial performance.
• Managed annual external audit.
• Communicated with customers, employees and other individuals to answer questions and explain information.
• Communicated with banks and obtained syndication loan amounted by $150m
• Established, coordinated and administrated an adequate management plan for the control of operations including,
profit planning, programs for capital investing and financing, sales forecasts, expense budgets and cost standards,
together with necessary controls and procedures to effective the plans.
• In conjunction with the CFO, coordinated, reviewed and endorsed budget proposals, discussed proposed changes and
significant changes.
• Compared performance with operating plans and standards, and reported, interpreted the results of operations to all
levels of management.
• Provided for the control and edited of all company orders, and supervised the Monthly evaluation of subsidiaries
performance
• Responsible for the consolidation process for annual budget and quarterly updates

3. Orascom for Clay Bricks “OCB” | Cairo, Egypt 2000 to 2003
(A leader company in manufacturing of clay bricks in Egypt, with total revenue +$200M)
Accounting Manager
• Performed timely completion of monthly, quarterly and annual closing activities, G/L entries and preparing financial
statements
• Maintained integrity of balance sheet accounts through the review of account activity and balances for accuracy and
reasonableness and prepared adequate supporting audit schedules.
• Assisted with both internal and external reporting requirements, ensured compliance with internal controls and
financial company policy
• Completed daily cash report for Management, established an effective relationship with banks
• Monitored and controlled A/P, A/R and Inventory accounts
• Communicated with governmental authorization (Taxes, Environmental, Social Insurance, .etc.)
Orascom for Tourism and Touristic Development. | Cairo, Egypt 1997 to 2003
(A leading company in construction and operate hotels)
Accountant
• Managed the month-end closing process; approved all journal entries and accruals prepared by staff accountants.
• Prepared quarterly and year-end work papers
Hazem Hassan KPMG “4big” | Cairo, Egypt 1996 to 1997
Junior Auditor
• Audited financials and made sure it’s prepared according to GAAP, and in compliance with the Egyptian accounting
standards
EDUCATION
2009 – 2011 MIBA – (Master of International Business Administration) ESLSCA Business School – Paris, France -
Major Global Finance: GPA 3.85 of 4
1992 – 1996 Faculty of Commerce Helwan University (Cairo, Egypt) awarded bachelor of commerce – Major:
Accounting GPA 3.9 of 4
CERTIFICATION
Certificated of Managerial Accounting (CMA), Internal Audit ISO, Telecom Mini MBA from Telecoms Academy,
Aligning Budgeting with Successful Strategic Management “IRR Dubai”, Advance Course in Derivatives and
Hedging accounting, IFRS new modifications
Professional tax prepare H&R Block 2014
TECHNOLOGY & LANGUAGE SKILLS
MS Excel, Power Point and Word, Microsoft Dynamics / Great Plains, Comsys, Peach Tree, Quick Books Enterprise ,
Hyperion Enterprise- Hyperion Financial Management (“HFM”) and Hyperion Panning Management (“HPM”)-. Fluent
in English, and Arabic.
Other Skills:
Strong analytical and problem solving skills
Excellent communication skills
NYC Qualified CPA Candidates