1. Mohamed Fayez Abu Bakr
16 Mohamed Karim St., District 6 Nasr City, Cairo
(H) + 202-22-645-342 (C) +2012-7000-99-65
Accounting Manager successful at facilitating ongoing professional
development and making sound investment decisions whereas;
My short term objective is seeking a position as Financial Manager in a
highly Professional environment where my technical skills can be applied
to provide Maximum benefits for the organization and gain a good
My long term goal is to be CFO within 7 years my career objective is leading
and soundness manages financial operation of an organization, achieve long
term strategic goals and ensure continued business growth.
11/ 2015 – Current Aerzener Maschinenfabrik GmbH
Responsible for maintaining the Company accounts department on a day to day basis.
Work closely with Managing Director and other members of the Management team to
Optimize Company performance to agreed Company objectives and goals
Work with management and accounts teams at headquarters in Germany as required
Work with suppliers and customers to ensure good communication, timely payment of
All monies and resolution of any accounts related matters
Ensure adherence of Department to legal, financial and Company procedures
monthly reporting to AMG in accordance with Managing Director (AMG monthly report)
monitor open payments amount
Strategic and financial planning
Staff leadership and development
ERP (Enterprise Resource
Strength in financial planning
Reporting According to (GAAP –
2. Improvement of internal data workflow/reducing redundancy.
2.0 FINANCIAL ACCOUNTING DUTIES AND RESPONSIBLITIES
2.1 Manage all bank accounts to limits agreed with Managing Director
2.2 Ensure all client invoices are computerized and entered onto the system in a timely manner
2.3 Reconcile invoices to creditors statements
2.4 Reconciliation of balance with Parent Company and other subsidiaries
2.5 Organize payments to creditors according to agreed terms and conditions
2.6 Raise all sales invoices according to agreed terms and conditions of sale
2.7 Produce debtor statements monthly to customers
2.8 Ensure continuous follow-up with customers
2.9 Progress and secure receipt of outstanding funds from debtors in accordance with agreed
Stated payment terms
2.10 To manage late payments and minimize bad debts with customer.
2.11 perform weekly bank reconciliation
2.12 maintain fixed assets register
2.13 prepare monthly balance sheet and profit and loss
2.14 prepare monthly liquidity figures for Managing Director
2.15 prepare monthly figures for Group Management in Germany
2.16 Prepare other statutory reports as required
2.17 Organize material for end of year audit (with AM general management and Auditors)
2.18 Coordinate with External auditor for year-end audit requirements
2.19 Carry out stock valuation and analysis
2.20 Carry out work in progress estimation and valuation
2.21 Inventory control
2.22 Calculation of sales tax, income tax and submission of tax returns to Tax authorities.
2.23 Ensure timely payments to tax authorities and social contribution department
3.0 BUDGET DUTIESAND RESPONSIBLITIES
3.1 Collect and analyze records of present and past operations, trends and costs,
Estimated & realized revenue, to project future revenue and expenses and to
Assist the Managing director to formulize a budget.
3.2 Maintain automated budgeting systems, which provide control of expenditure in agreed categories
3.3 Implement agreed cost control measures
3.4 Interpret budget to management in Germany as requested
3.5 Measure actual costs to budget and provide Managing Director with monthly variance report
4.0 Supervisory responsibilities.
4.1 Responsible for the correct functioning of the Accounts department on behalf of the Company
4.2 Development of all other staff members in the Accounts Department
1/ 2013 – 10/2015 New Alfa Misr -Cairo
Electric Home Appliance Company
Reporting to the Financial Manager.
Created executive analysis reports highlighting business issues,
Potential risks and profit opportunities.
Developed and implemented efficient accounting, financial and operational systems.
Properly managed retirement and liability funds and prepared monthly, quarterly
And annual reports on their statuses.
Negotiated and reviewed business contracts and financial models with profitability and
Financial success in mind.
Led the modeling, planning and execution of all financial processes.
Employed advanced deal analysis, including hands-on negotiations with potential investors.
3. Recommended innovative alternatives to generate revenue and reduce unnecessary costs.
Secured loans for high level management spending purposes.
Created detailed financial models and analytical tools to facilitate variance analysis.
Researched market trends and surveys and used information to stimulate
Business and revenue growth.
Measured loan submissions based on quality control plans and investor regulatory
Analyzed complex regulation and policy documents that directly impacted budgetary
And financial matters.
Created and executed short and long-term customized comprehensive financial strategies to
Reach company goals.
Training for Finance Staff .Applying financial reporting with compliance of GAAP /IFRS)
3/2011 – 12/ 2012 Magenta Star Group – Cairo
We were a new established Lebanese company, working in Electric Home Appliances with
Whole seller & Retail Market, within two years we expand our products to include
(Glass wares, kitchen wares) we succeeded to have 5% from Market share & became
The first trader for Turkish kitchen wares in the Retail Market.
1/ 2008 – 2/2011 Unidist Egypt Group – Cairo
We were a Lebanese company has 47 branches all over the world, agent for (Acer, HP, Fujtsui
Siemense , Software ,Unitek)
Reporting to Group Chief Accountant
Verify, allocate, post and reconcile transactions
Produce error-free accounting reports and present their results
Analyze financial information and summaries financial status
Provide technical support and advice on management
Review and recommend modifications to accounting systems and procedures
Participate in financial standards setting and in forecast process
Assist in financial statements & produce budget according to schedule
Direct internal and external audits to ensure compliance
Plan, assign and review staff work.
Support month-end and year-end close process
Develop and document business processes and accounting policies to maintain and
Strengthen internal controls)
1/ 2006 – 12/ 2007 Fine Peaks – Cairo
Import & Export Company for Piping used in huge constructions & Projects.
2014 AUC – Cairo, EGYPT
Preparing to set two Parts by end of Q3-2016
Planning to be finalized by End – 2016
2006 AUC – Cairo, EGYPT
Finished till the Mid of Advanced Level for General English
2004 Ain Shams University – Cairo, EGYPT
2004 Institute of Defense – Cairo, EGYPT
Frequent User for Ms Office & Internet
Date of Birth: 30th
Marital Status: Married
Military Status: Completed