Islam Elnagar

Background

About Islam Elnagar

Ensuring timely collection of payments. • Negotiate with clients in non-payment cases. • Prepare monthly, quarterly, annual and ad-hoc aging report. • Ensure high-quality invoicing and collection procedures that comply with the law. • Follow up and review the monthly claims we allocate on the subcontracting suppliers according to the 2nd degree percentage which mention in the contracts with them • Follow up and review the monthly claims ( it is a report contain the claims from the customer or claims from freight suppliers or air/sea difference in price and the reason of this claim and its amount ) • Monitoring processing of invoices. • Set objectives for the accounts payable & receivable teams that align with the accounting department’s goals. • Ensure all team members follow the accounting principles. • Manages accounting functions including maintenance of general ledger, accounts payable, accounts receivable, and project accounting; ensures accuracy and timeliness. • Manages monthly closing of financial records and posting of month end information; ensures accuracy of financial statements. • Acts as a liaison between the company, government and external accountants to meet information needs and to ensure that proper information is maintained for historical purposes. • Stay updated on industry and legislative changes • Selects and hires employees for the groups mentioned above. Trains and evaluates employees to enhance their performance, development, and work product. Addresses performance issues and makes recommendations for personnel actions. Motivates and rewards employees including providing salary increases, bonuses and promotions within allocated budgets and company guidelines. • Follow up and review all transfers, CAD and LCS for foreign suppliers • Follow up and review issuing the checks for local suppliers • Follow up and review insurance report and the used from the insurance policy • Follow up and review monthly exchange rate report