Moataz El Shimy

Moataz El Shimy

Assistant Director of Finance Head of Finance Department at Paramount Hotel Dubai & Paramount Hotel Midtown
Lives in Dubai, United Arab Emirates

Join Hosco and view Moataz's full profile, it's free !


As a Hosco member, you will:
  • Make yourself visible to thousands of companies in the hospitality industry'
  • Join a community of 180'000+ students and professionals
  • Learn more with new articles & videos every week on hosco.plus
Join us

About me

Summary:
Skilled Chief Accountant adept at increasing work process efficiency and profitability through functional and technical analysis. Successful at advising multi-million corporations, small businesses and individual clients. Areas of expertise include asset allocation, investment strategy and risk management.
Strengths and Core Skills:
Budget and Forecasting Management
Accounting and Financial Operations
Effective Cash Management
Bank and LC Matters
Internal and External Audits
Credit Control Management
Personal administrations
Office Management
Systems and MS-Excel
Development and Operation
Develop reports for top management summarizing the business financial position in areas of income, expenses capital usage and cash flows and coordinate the preparation of strategic plans, budgets and financial forecast. Overseas and perform the accounting functions such as General Ledger Management, preparation of monthly financial statements and reports, balance sheets and cost analysis, account reconciliation and audit preparation. Determine financial objectives, designing and implementing systems, policies and procedures to facilitate internal financial control. Liaise with external audits, legal bodies and corporate offices for policies and procedures to ensure financial compliance. Manage day-to-day operations, including staff supervision.
Very good knowledge and understanding of latest in computer technologies and its integration. Well versed with ERP system, accounting software and MS-Excel.
Highlights of Qualifications:
Middle East (Egypt, Qatar and UAE) experience in Hospitality Industry and corporate
10 Years of work experience with a thorough understanding of the many facts of industry
Opening Lapita Dubai Parks and Resorts Autograph collection Hotel by Marriott International Managed a 80 million annual turnover
Extensive background in implementing systems Implementation of Value Added Tax (VAT) in UAE Speak: Arabic and English

Experience

15 years and 2 months

  • Assistant Director of Finance Head of Finance Department

    Paramount Hotel Dubai & Paramount Hotel Midtown - Dubai, United Arab Emirates

    Finance & Accounting
    June 2019 - Now · 4 years and 10 months

    > Manage day-to-day operations, including staff supervision. > Develop reports for top management summarizing the business financial position. > Capital usage and cash flows Management. > Coordinate the preparation of strategic plans, budgets, financial forecast and balance Sheet. > Overseas and perform the accounting functions such as General Ledger. > Determine financial objectives, designing and implementing systems, policies and procedures to facilitate internal financial control. > Liaise with external audits, legal bodies and corporate offices for policies and procedures to ensure financial compliance.

  • Assistant Financial Controller Head of Finance Department

    Grand Millennium Dubai - Dubai, United Arab Emirates

    Finance & Accounting
    July 2018 - June 2019 · 1 year

    > Manage day-to-day operations, including staff supervision. > Develop reports for top management summarizing the business financial position. > Capital usage and cash flows Management. > Coordinate the preparation of strategic plans, budgets, financial forecast and balance Sheet. > Overseas and perform the accounting functions such as General Ledger. > Determine financial objectives, designing and implementing systems, policies and procedures to facilitate internal financial control. > Liaise with external audits, legal bodies and corporate offices for policies and procedures to ensure financial compliance.

  • Chief Accountant

    Grand Millennium Hotel Dubai - Dubai, United Arab Emirates

    Finance & Accounting
    November 2017 - July 2018 · 9 months

    Manage and oversee the daily operations month and end-year process, accounts payable/receivable, cash receipts, general ledger, payroll and utilities, budgeting, cash, forecasting, revenue and expenditure variance analysis, capital assets reconciliations, trust account statement reconciliations, check runs, fixed asset activity, debt activity. • Initiate and schedule monthly, quarterly finance meetings with Claviger Middle East team as well as with Board of Directors. • Attend and participate in any meetings (department, communications etc.) as and when required. • Coordinate preparation of external audit materials and external financial reporting. • Review financial statements with management personnel. • Direct and maintain new accounting, timekeeping, payroll, inventory, property, and other related procedures and controls. • Maintain records and ensure renewals are performed in a timely manner of all company’s agreements, operation contracts and liability contracts and policies • Monitor and analyze accounting data and produce financial reports and statements • Establish and enforce proper accounting methods, policies, and principles • Improve systems and procedures and initiate corrective actions • Assign projects and direct employees to ensure compliance and accuracy • Meet financial accounting objectives • Establish and maintain fiscal files and records to document transactions

  • Assistant Accounting Manager

    Lapita, Dubai Parks and Resorts, Autograph Collection Hotels - Dubai, United Arab Emirates

    Finance & Accounting
    August 2016 - November 2017 · 1 year and 4 months

    • Setup and Run Sun System, Birch Street and Opera PMS. • Prepare for Preopening P&L and monthly P&L. • Prepare for Owners Reports. • A&L Month End Closing Reconciliations. • Coordinates and implements accounting work and projects as assigned. • Coordinates, implements and follows up on Accounting SOP audits for all areas of the property. • Performs accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution.

  • Accounts Payable Supervisor

    Doha Marriott Hotel - Doha, Qatar

    Finance & Accounting
    November 2015 - August 2016 · 10 months

    • Review and post invoices by uploading from Birch Street to Sun system. • Prepare suppliers and other payments. • A&L Reconciliation for Bank Accounts, Accruals JV, Advance to Suppliers, Stale Dated Cheques and prepaid accounts. • Working on ISRA audit and Owners audit points.

  • Accounts receivable Supervisor

    Doha Marriott Hotel - Doha, Qatar

    Finance & Accounting
    December 2013 - November 2015 · 2 years

    • Responsible for Accounts Receivable (ISRA) Audit points. • Follow up for outstanding payments. • Daily review of the credit limit and Aging reports. • Credit meeting Minutes on a monthly basis.

  • Income Auditor

    Doha Marriott Hotel - Doha, Qatar

    Finance & Accounting
    March 2013 - December 2013 · 11 months

  • Night Auditor

    Doha Marriott Hotel - Doha, Qatar

    Reception
    March 2012 - September 2013 · 1 year and 7 months

  • Accounts Receivable Clerk

    Doha Marriott Hotel - Doha, Qatar

    Finance & Accounting
    July 2012 - March 2013 · 9 months

  • Night Auditor

    Cairo Marrriott Hotel - Cairo, Egypt

    Reception
    January 2011 - March 2012 · 1 year and 3 months

  • Customer Service Agent

    Piraeus Bank Giza Branch - Cairo, Egypt

    Customer Service
    January 2010 - December 2010 · 1 year

  • Finance Traniee

    Cairo Marriott Hotel - Cairo, Egypt

    Finance & Accounting
    May 2009 - October 2009 · 6 months

  • Trainee

    Egyptian Stock Exchange Authority - Cairo, Egypt

    Other
    June 2008 - October 2008 · 5 months

Education

  • International Financial Reporting

    Association of Chartered Certified Accountants - London, United Kingdom

    August 2019 - August 2020

  • bachelor

    Helwan University - Faculty of English Commerce and Foreign Trade. - Dubai, United Arab Emirates

    June 2006 - June 2011

Languages

2 languages

  • Arabic

    Native or fluent

  • English

    Native or fluent

Personal information

Nationalities

  • Egyptian

Date of birth

July 01st 1988

Skills

12 skills

  • Cooperative
  • Coordination
  • Creativity and innovation
  • F&B micros
  • Good communication
  • Good in microsoft
  • Opera PMS
  • Solving problems
  • Stong team work
  • Strong time management
  • Vision
  • Work hard
Connections
GIANCARLO PASTORE
Amministratore at CIPAS TM
Kasun Harsha De Alwis
F&B Head Waiter at Habtoor Palace, LXR Hotels & Resorts
Fatahy Elgarm
Executive Butler at Burj Al Arab - Jumeirah Group
View 56 connections
Following
Ishraq Hospitality
Ishraq Hospitality
Dubai, United Arab Emirates
The Arts Club Dubai
The Arts Club Dubai
Dubai, United Arab Emirates
Jumeirah Group
Jumeirah Group
Dubai, United Arab Emirates
Other members
Khaled Kamal
United Arab Emirates
Sabine Eckhardt
Dubai, United Arab Emirates
Gustavo Pereira
Dubai, United Arab Emirates
Mohamed Idam
Dubai, United Arab Emirates
Elmurod Yuldashev
Dubai, United Arab Emirates
View more
Close
Update complete!

We didn’t find any new information on your CV to add to your profile. We advise you to manually add new information or try a different CV.

We’ve added the following information to your profile:

  • Current location
  • Profile summary
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'languages') }} Language
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'languages') }} Languages
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'educations') }} Education
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'educations') }} Educations
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'experiences') }} Experience
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'experiences') }} Experiences
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'nationalities') }} Nationality
  • {{ $ctrl.getToastParams($ctrl.toasts.PARSE_CV_SUCCESS, 'nationalities') }} Nationalities
  • Date of birth
  • Driving License
  • Phone Number

Take a moment to look at your supercharged profile!

Close
Profile update error

We couldn’t update your profile using your CV.

We couldn’t update your profile. However, your CV has been saved.

There was an error uploading your CV.

Still want to supercharge your profile? We advise you to upload a .doc file or a different CV.