Dina Lotfy, FMVA®

Notable Achievements: -Increased Collections: Successfully raised collections from an average of $800K to $1.5M despite challenging market conditions by implementing diligent follow-up procedures, holding meetings with foreign owners, and streamlining the invoice processing within the company for multiple departments. - Local Currency LGs: Secured approval from Egyptian governmental companies to accept Letters of Guarantee (LGs) in local currency instead of foreign currency (FCY), effectively reducing the company's FCY burden. - Managed Aging Accounts: Enhanced efficiency and managed aging accounts for irregular clients by settling outstanding invoices and negotiating deferred payments for new contracts, ensuring smoother cash flow and minimizing potential losses. - System Integration: Successfully unified Frank's International BV's system with the company's established system, streamlining operations and ensuring consistency across the merged entity. - Payment Transition: Transitioned the payment method from traditional cheques to Internet banking, enhancing efficiency and reducing processing times. Value Added: - Financial Planning: Conduct financial planning to determine business strategies and objectives, utilizing financial data to drive informed decision-making and achieve monetary goals. - Tax Compliance: Review financial documents and transactions to ensure compliance with tax laws and regulations, minimizing risk and enhancing financial accuracy. - Financial Health Management: Manage the overall financial health of the organization by maintaining legal and ethical financial practices and overseeing the accounting system to ensure integrity and accuracy in financial reporting. - Policy Development: Develop and implement financial policies and procedures to safeguard organizational assets, streamline financial operations, and promote cost-efficiency

Value Added: - Daily Financial Oversight: Oversee daily financial transactions, including accounts payable and receivable, general ledger entries, and bank reconciliations, ensuring accuracy and compliance with financial regulations. - Tax Audits and Payroll Management: Manage and participate in regular tax audits and payroll processing, ensuring all financial operations adhere to legal and regulatory requirements. - Comprehensive Budget Reporting: Prepare comprehensive budget reports, analyzing variances, forecasting future financial requirements, and providing actionable insights to aid strategic planning. - Cash Flow Monitoring: Monitor and report on cash flow, managing financial documentation and records to ensure smooth operational continuity and effective financial management. - Policy Development: Develop and implement financial policies and procedures to optimize financial performance and enhance internal controls, contributing to overall financial integrity and stability.

- General Ledger Management - Maintain and reconcile the general ledger - Prepare and post journal entries for various transactions - Conduct month-end and year-end closing activities - Financial Reporting - Prepare financial statements: balance sheets, income statements, cash flow statements - Analyze variances between actual results and budgets/forecasts - Assist in preparing management reports and presentations - Reconciliation and Analysis - Perform account reconciliations, including bank reconciliations - Analyze and resolve discrepancies in financial data - Review and reconcile subsidiary ledgers to the general ledger - Compliance and Audit Support - Ensure compliance with GAAP, IFRS, and internal policies - Support internal and external audits with necessary documentation - Monitor and implement internal controls for accurate reporting - Process Improvement - Identify opportunities for process improvements in accounting operations - Implement best practices and standardized procedures - Contribute to system upgrades related to the general ledger and financial reporting - Budgeting and Forecasting - Assist in the preparation and monitoring of budgets and forecasts - Provide financial analysis to support budgeting decisions and updates - Cross-Functional Collaboration - Work closely with other departments to gather and verify financial information - Collaborate with accounts payable, accounts receivable, and other accounting teams - Documentation and Record Keeping - Maintain accurate and organized financial records - Document accounting procedures and policies

- Invoice Processing - Verify and process supplier invoices, ensuring accuracy and compliance with purchase orders and -contracts - Code and enter invoices into the accounting system - Match invoices with purchase orders and receiving reports - Payment Management - Schedule and prepare payments, including checks, wire transfers, and ACH transactions - Ensure timely payment of invoices to avoid late fees and maintain good vendor relationships - Manage and track recurring payments and expenses - Reconciliation - Reconcile accounts payable transactions and resolve discrepancies - Perform monthly reconciliations of vendor statements to internal records - Maintain accurate and up-to-date vendor files and records - Expense Reports - Review and process employee expense reports for reimbursement - Ensure compliance with company policies and proper documentation for all expenses - Compliance and Internal Controls - Ensure adherence to company policies and relevant accounting regulations - Implement and monitor internal controls to safeguard company assets and ensure accuracy of financial data - Prepare and maintain documentation for audits - Vendor Communication - Communicate with vendors regarding invoice issues, discrepancies, and payment status - Resolve disputes and discrepancies in a timely manner - Manage vendor inquiries and maintain positive relationships - Reporting - Prepare accounts payable reports and summaries for management - Provide insights and analysis on payable trends and cash flow implications - Assist in month-end and year-end closing processes - Process Improvement - Identify and implement process improvements to enhance the efficiency of the accounts payable function - Assist in automating accounts payable processes and reducing manual intervention

- Accounting Principles - Master Core Concepts: Understanding of accounting principles and practices. - Apply in Real-World Scenarios: Ability to apply accounting knowledge to practical situations. - Financial Analysis - Analyze Financial Data: Skills in interpreting and analyzing financial statements and data. - Support Decision-Making: Provide insights for business decisions based on financial analysis. - Communication - English Proficiency: Effective communication skills in English - Business Communication: Ability to convey complex financial information clearly to stakeholders. - Technical Proficiency - Accounting Software: Proficiency in using accounting and financial software (e.g., QuickBooks, SAP). - Excel Skills: Advanced skills in Excel for financial analysis and reporting. - Ethical Awareness - Understand Ethical Standards: Knowledge of ethical standards in accounting and finance. - Apply Ethical Principles: Ability to make ethical decisions in professional practices.