Mohamed Hussiny
Head of Accounting & Reporting & Tax
Giza
Summary
Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. As Henkel's Head of Accounting, Reporting and Tax, I ensure compliance with IFRS and internal policies for the Egypt entity, covering GA, tax, internal and statutory reporting and coordinating internal controls across the whole company. I also support the regional finance team in risk management, process improvement, and digital transformation initiatives, and support the business in P&L and cashflow management leveraging my skills and knowledge in IFRS, SAP ERP and other tools. Before joining Henkel i was a Regional Consolidation and Financial Reporting Manager at Majid El Futtaim Group. I hold a bachelor's degree in accounting from the Faculty of Commerce English Section and a diploma in IFRS from ACCA. and currently I’m MBA student at Liverpool John Moores University. I have over seven years of experience in auditing, assurance, and advisory services, working with PwC and KPMG for various industries and clients. I am passionate about delivering high-quality financial information and insights and contributing to the growth and success of the organizations I work with.
Overview
9
9
years of professional experience
6
6
years of post-secondary education
2
2
Languages
Work History
Head of Accounting, Reporting and Tax
Henkel
Cairo
06.2023 - Current
- Understand and Manage General accounting process, including Monthly closing and reporting steps for Henkel Egypt, including leases, ETC; Seek opportunities to improve, simplify and automate the processes.
- Ensure Month-end closing and reporting is completed on-time without no major findings from headquarter or external auditors.
- Preparing monthly cashflow forecast
- Managing and optimizing working capital
- Provide requested information to Henkel’s external and internal audit teams, support, and coordinate requests from external auditors.
- Provide direction and guidance to GA team in GBS+ responsible for executing the GA processes assigned to them.
- Review and approve monthly account reconciliation prepared by the GA manager.
- Ensure compliance with Henkel Corporate accounting standards and international financial reporting standards 'IFRS'; support business units to perform technical accounting research.
- Manage General Accounting Projects and support regional and global cross-team projects.
- Prepare Quarterly TOPAS FS reporting to Headquarter.
- Provide technical accounting training to Egypt HQ team and GBS+ team upon request.
- Ensure GA design and implementation of controls are in Place.
- Review tax returns and calculations and manage tax inspection processes.
- Prepare annual Statutory financial statements.
- Co-ordinate internal audit testing across the whole company for the whole sub-processes between control owners and internal auditors.
Consolidation and Financial Reporting Manager
Majid Al Futtaim Group
06.2022 - 06.2023
- Prepare the quarterly regional consolidation of 43 Legal entities for Majid El Futtaim for Leisure and Entertainment, Cinema and Lifestyle.
- Coordinate, analyze and report the quarterly / year end reporting package to the head office business unit and respond for any inquiries.
- Manage and handle the regional external audit through cross communication with other process teams (RTR, P2P, OTC).
- Ensure quality and integrity of financial reporting and accounting records through regular checks and balance sheet reviews.
- Implementation of new or changes to IFRSs, as well as assessing the potential impact on the B/S and P&L.
- Participate at ad-hoc projects e.g., acquisition of new businesses, mergers, software updates, due diligences.
- Provide on-demand IFRS training to other process teams.
- Review all Group FS and provide necessary adjustments.
Acting Assurance Manager / Senior Assurance Associate 3
PwC Cairo
Cairo
06.2018 - 06.2022
- Company Overview: (LOS: Manufacturing, Services, Consumers, and Industrial clients)
- Managing a portfolio of clients and relationships, analyzing budget vs actual and timely follow up of WIP, billing and collections.
- Lead an audit team of 8 team members and carry out financial audits and other assurance services to 15 audit clients simultaneously.
- Focus on building trusted relationships with clients, looking for new opportunities with new or existing clients and prepare and deliver competitive audit proposals.
- Resolve issues which prevent effective team working, as well as coaching others and encouraging them to take ownership of their development.
- Review all the audit file with the engagement team, inquire and investigate any discrepancies and report any necessary findings with the client and the engagement partner.
- Attend multiple necessary meetings during the audit with the client management and discuss the audit findings.
- Review the financial statements and audit report and hold a closing meeting with the engagement partner.
- Give constructive feedback to the engagement team during and after the audit completion.
- (LOS: Manufacturing, Services, Consumers, and Industrial clients)
- Main Clients: Americana -Restaurant division 'ECITP Group', Henkel Egypt for Industry and Trade S.A.E, Mondelez Egypt Foods Group, Johnson & Johnson Egypt Group, Middle East Glass Manufacturing group, Bisco Misr, EPX Logistics and Transport Group, Xerox Group, Infor Egypt, Tawazon Group.
Senior Assistant Auditor
KPMG
Giza
12.2015 - 06.2018
- Company Overview: (Line of Service: Manufacturing, Services, Consumers, and Hospitality clients)
- Plan an audit and obtain an understanding of the business and its environment including identification of risks of material misstatements and business risks affecting the financial statements assertions, and design appropriate risk responses.
- Understand the significant classes of transactions and business processes, identify what can go wrong and identify relevant controls as well as designing and performing test of controls, evaluating the operating effectiveness of the internal control system.
- Taking the main day-to-day responsibility for the execution of the agreed audit strategy and audit plan.
- Wrap up the audit file and reach a conclusion in addition to reviewing the draft of financial statements, notes and disclosures and submitting a draft of the audit report to the engagement manager.
- (Line of Service: Manufacturing, Services, Consumers, and Hospitality clients)
- Main Clients: Orascom Telecom Group, Mena Submarine Cable system, GTH 'Global Telecom Holding' (FS Compilation), E-Methanex Egypt, The Egyptian Ethylene and Derivatives Company (ETYDCO), Bonjorno Café, Pfizer Egypt, National Development and Trading company - NDT Group, ASEC Cement Holding.
Education
Diploma in "IFRS" -
ACCA
UK 12.2018 - 07.2019
Bachelor of Commerce and business administration - Accounting
Helwan University
Egypt 09.2011 - 05.2015
MBA -
Liverpool John Moores University
UK 05.2024 - 05.2026
Skills
- Technical accounting
Audit
- Cash flow management
- Finance
- Project Management
- Coaching
- Communication
- SAP
- MS Office
Team management
Problem-solving
Time management
Flexible and adaptable
Multitasking Abilities
Calm under pressure
Supervision and leadership
Teamwork and collaboration
Timeline
MBA -
Liverpool John Moores University
05.2024 - 05.2026
Head of Accounting, Reporting and Tax
Henkel
06.2023 - Current
Consolidation and Financial Reporting Manager
Majid Al Futtaim Group
06.2022 - 06.2023
Diploma in "IFRS" -
ACCA
12.2018 - 07.2019
Acting Assurance Manager / Senior Assurance Associate 3
PwC Cairo
06.2018 - 06.2022
Senior Assistant Auditor
KPMG
12.2015 - 06.2018
Bachelor of Commerce and business administration - Accounting
Helwan University
09.2011 - 05.2015
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