Mohamed Metwally

Finance Manager at Lots of Hotels
Lives in Dubai, United Arab Emirates
over 6 months ago

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Possess more than 13 years of progressive experience in numerous financial and accounting fields with successful track record of developing and administering effective organizational policies and procedures in diverse environments

Experience

  • Finance Manager

    Lots of Hotels - Dubai, United Arab Emirates

    Finance/Accounting
    December 2012 - Now

    • Success in setting up a new company from scratch in all aspects (i.e. financials, legal, operations, payroll, HR, recruitment, administration, system & technology, etc.) • Overall management of all accounting, financial information globally • Set and monitor performance objectives, coach and develop and actively manage leaving, transition and recruitment process to ensure no gaps in the team • Develop, implement, and ensure compliance with internal financial and accounting policies and procedures • Successfully oversee the bookkeeping function including maintenance of the general ledger, accounts payable, accounts receivable and payroll • Improvements in revenues, profits, EBIDTA, and other financial measurements • Conduct reviews and evaluations for cost-reduction opportunities by establishing and enforcing policies and procedures; recommending actions • Increase productivity by developing automated accounting applications; coordinating information requirements • Advised on changing the payment gateway an

  • Sr. Debt Recovery Officer

    CLYDE & CO LLP - Dubai, United Arab Emirates

    Legal
    March 2009 - December 2012

    • Succeeded in recovering significant bad debts on behalf of clients although the toughness of the period of the recession • Succeeded in my negotiations with the most of debtors in persuading them to settle the debts swiftly in amicable fashion • Contributed in the increase of the company's profit/billed fees of the debt collections department to triple • Contributed in the Department’s growth • Monitored the progress of litigated cases by managing and communicating with local advocates and foreign correspondents to ensure implementation of the proper strategies and dealings • Established repayment schedules, monitoring repayment of debts, and adherence by debtors to instalment schedules • Researched debtor companies, assisting in researching laws and procedures to provide written advice to clients • Successfully corresponded with Legal Department of Dubai & overseas Chambers of Commerce and Industry, international credit insurers, overseas correspondents and clients’ agents in proactively settling debts ari

  • Sr. Credit Controller

    GULLIVERS TRAVEL ASSOCIATES “GTA” - Dubai, United Arab Emirates

    Finance/Accounting
    April 2006 - March 2009

    • Developed a good relation with my agents which enable me to rectify any discrepancies between our books and their books which, accordingly, lead to receive payments in time • With increasing my markets volume which I had looked after, it has always been a challenge to maintain the pace and output in my work and I have managed to reduce the overdue outstanding of more than 85% of my agents • Succeeded in clearing the overdue outstanding of some of my agents (bad payers) and putting them in the line with the agreed credit terms & conditions • Controlled and maintained debt beyond 60 days. Proactively highlight and resolve all issues prior to 60+ ageing directly linked to control of bad debt provision • Maintained bad debt provision to 5% and less every year • DSO – Days sales outstanding maintained below 50 days throughout, this ensured immense cash-inflow to the company resulting in ending the years with good books • Succeeded in performing miscellaneous job-related duties as assigned (i.e. support the Regi

  • General Accountant

    EMIRATES ADVOCATES & Legal Consultants - Dubai, United Arab Emirates

    Finance/Accounting
    March 2005 - April 2006

    • Established & implemented database for clients and all the accounts of each department on Excel application • Successfully managed the accounts of Litigation Department, General Practice Department, and Real Estate Department • Successfully managed Accounts Receivables, Payables, daily bank movements and Escrow Accounts • Successfully managed and monitored advances and loan accounts • Succeeded in performing miscellaneous job-related duties as assigned (i.e. trading in the Dubai Financial Market on behalf of the owner, handling other personal accounts of the owner)

Education

  • Postgraduate Diploma in Computerized Accounting

    The Egyptian Institute for Accountants & Auditors (EIAA) “COMPUTER TECHNOLOGY CENTER” (CTC) - Giza, Egypt

    September 2004 - March 2005

  • Bachelor of Commerce

    Zagazig University - Zagazig, Egypt

    September 1999 - September 2003

    B.C., English section, Department of Accounting, Faculty of Commerce

  • High School / Thanaweya Amma

    The Zagazig Secondary School - Zagazig, Egypt

    September 1996 - June 1999

Languages

  • Arabic
    Professional working
    60%
  • English
    Professional working
    60%

Skills

  • Ability to research, co
  • Attentive to details
  • Communicative
  • Decision making
  • Excellent time management
  • Good problem solver
  • Information Technology
  • Multitasking
  • Negotiable skills
  • Patience
  • Persistent and dependable
  • Project management
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