Rahma El Bahnasawy
Montreal,Canada
Summary
Result Oriented Accounting specialist, proficient in generally accepted accounting principles and the implementation of project-based accounting. Critical thinker delivering innovative solutions to complex business and technical issues. Skilled collaborator with organizational leadership expertise. Strengths in accounting process management, systems implementation and administration. Offering experience achieving bottom-line performance through process improvements, cost reduction strategies and implementation of strong accounting controls.
Overview
5
5
years of professional experience
1
1
Certification
Work History
Accounting Specialist
BMO Bank of Montreal FX MM CT
Montreal, Canada
07.2023 - Current
- Monitoring and proactive management of daily and monthly General Ledger reconciliation reports, demonstrating a keen focus on accuracy and integrity, particularly within Profit and Loss (PNL), Accrued, and Principal accounts
- Proficient in accurately assessing and daily reporting of contingent liabilities, ensuring comprehensive risk management alignment with Asset Liability Management (ALM) strategies on financial reports
- Thorough investigation of discrepancies identified in General Ledger balances meticulous analysis to pinpoint root causes- implementing timely and precise actions or escalations in response to identified issues
- Strategic creation of comprehensive reports and Standard Operating Procedures (SOPs) to optimize and standardize daily reporting processes
- This includes developing clear documentation for reference, ensuring transparency, and enhancing the overall efficiency of the reporting framework
- Collaboration with cross-functional teams to address and resolve General Ledger breaks, fostering effective communication and cooperation to expedite issue resolution
- Adherence to industry best practices and regulatory standards in all aspects of financial reporting, ensuring compliance and reinforcing the credibility of financial information
- Consistent collaboration with auditing teams during internal and external audits, providing necessary documentation and insights to facilitate a smooth and efficient audit process.
- Performed detailed analysis of balance sheet accounts to identify trends or discrepancies.
- Completed balance sheet reconciliations on time to maximize office efficiency.
- Assisted in the development of new processes within the treasury department to improve operational efficiencies.
- Provided administrative support for the team, such as creating presentations, taking notes during meetings, preparing agendas and maintaining records of key decisions.
- Developed and implemented team-building activities to promote collaboration among staff members.
Platforms and Confirmations Sr Associate
BMO Bank of/FXMM
Montreal, Canada
04.2022 - 08.2023
- Executed comprehensive currency transaction reports for foreign currencies, ensuring meticulous attention to detail and compliance with relevant regulations
- Conducted rigorous security checks for settlements, maintaining a stringent approach to safeguarding the integrity of financial transactions
- Ensured the accuracy of settlement processing before designated due dates and currency cutoffs, minimizing errors and mitigating potential risks
- Prioritized and organized tasks systematically to optimize efficiency in achieving service goals, demonstrating a proactive and goal-oriented approach
- Processed daily payments and settlements for clients' accounts in accordance with agreed-upon terms, emphasizing reliability and adherence to established timelines
- Updated Settlement Standing Instructions (SSI) in the source system to facilitate Straight Through Processing (STP), streamlining settlement procedures and enhancing operational efficiency
- Executed gross and net settlements in strict accordance with clients' settlement instructions, ensuring adherence to specified terms and conditions
- Confirmed Settlement Standing Instructions (SSI) and settlement methods based on platform instructions, maintaining consistency and compliance with established protocols.
Personal Banking Representative
BMO Bank of Montreal
Montreal, Canada
10.2019 - 04.2022
- Informed customers about billing procedures, processed payments, and provided payment option setup assistance
- Assessed customer needs and upsold products and services to maximize margin sales
- Asked probing questions to determine service needs and accurately input information into electronic systems
- Upheld privacy and security requirements established by the bank regulatory agencies
- Documented conversations with customers to track requests, problems, and solutions
- Delivered service and support to each customer, paving the way for future business opportunities
- Evaluated customer account information to assess current issues and determine potential solutions.
Skills
- Microsoft Excel
- Data entry experience
- Statement preparation
- Accounts Receivable
- Auditing procedures
- Report Preparation
- Accounts Payable
- Audit Support
- Financial Statements
- General Ledger Management
- Account Reconciliation
Languages
- English, Highly proficient
- French, Proficient
- Arabic, Proficient
Certification
- Python Specialization Certificate from the University of Michigan (In Progress)
- CFA Level 1 (In Progress - Nov 2024)
Languages
English
Native/ Bilingual
French
Native/ Bilingual
Arabic
Native/ Bilingual
Timeline
Accounting Specialist
BMO Bank of Montreal FX MM CT
07.2023 - Current
Platforms and Confirmations Sr Associate
BMO Bank of/FXMM
04.2022 - 08.2023
Personal Banking Representative
BMO Bank of Montreal
10.2019 - 04.2022
- Python Specialization Certificate from the University of Michigan (In Progress)
- CFA Level 1 (In Progress - Nov 2024)