Recently, Group CFO at Fipco.
27 years of experience (20 Years in industrial sector + 7 years in construction sector).
holding MBA degree, with extensive knowledge in all financial functions including costing and business strategy.

Experience

  • Group CFO

    at Fipco

    December 2017 - at Present

    Minţaqat ar Riyāḑ

    Fipco www.fipco.com.sa is a listed Saudi company in stock market with a capital of 30.7 Million USD and 1000 employees. Fipco is the market leader in quantity and sales of weaved Polypropylene bags with coated an un-coated low density Polyethylene for heavy duty purposes as well as cable filler, valve Cement bags, leno bags, rachel bags, strapping band, PP thread. The company has a new investment in top quality of technical coated PVC fabrics www.fpctextile.com

  • Financial Controller

    at Roca Sanitario SA

    March 2015 - at Present

    Muḩāfaz̧at al Qāhirah

    Roca has 75% share at National Industrial and trading Co. of Egypt which is the manufacturer of Roca and Gravena brands in Egypt. I have been hired by Roca Spain as a Financial Controller for Egypt business with lot of tasks including consolidation of their business in Egypt as well as the implementation and apply of all Roca Spain systems and philosophy in Egypt such as policies, financials, forms, templates, costing systems, reports, etc.

  • CFO

    at Orascom Construction Industries (Alico Egypt Subsidiary)

    December 2007 - November 2014

    Muḩāfaz̧at al Qāhirah

    Alico Egypt is a shareholder construction company specialized in unique business of façade and glazing works, was owned 50% by Orascom Construction Industries www.orascomci.com (OCI) and 50% by Aluminum & Light Industries Co. of UAE. Alico Egypt is the Middle East market leader and top quality contractor of façade works for giant projects like tower, airports, malls, etc.

  • Financial Manager

    at Exact

    November 2005 - November 2007

    Muḩāfaz̧at al Iskandarīyah

    Exact Co. is a leading manufacturer of high quality car batteries working under investment law at Alexandria Free Zone under license of American Milestone Car Batteries Co.

  • Costing and Budget Chief

    at Tabuk Cement Co.

    January 1993 - October 2005

    Minţaqat Tabūk

    Tabuk Cement Co. is a listed Saudi Shareholder Company has its cement plant with a capacity of 5,000 ton/day.

Education

  • IFRS

    at Ernst & Young

    2014 - at Present (6 years) Muḩāfaz̧at al Qāhirah

  • Develop the leader within you

    at Logic

    2010 - at Present (10 years) Muḩāfaz̧at al Qāhirah

  • Management by objectives

    at Logic

    2010 - at Present (10 years) Muḩāfaz̧at al Qāhirah

  • Effective business writing

    at Logic

    2010 - at Present (10 years) Muḩāfaz̧at al Qāhirah

  • Emotional intelligence

    at Logic

    2010 - at Present (10 years) Muḩāfaz̧at al Qāhirah

  • Internal Quality Auditor ISO 9001 : 2000

    at TUV

    2005 - at Present (15 years) Muḩāfaz̧at al Qāhirah

  • Master in Accounting

    at Baytown University

    2013 - 2015 (2 years) Texas

  • Bachelor Degree

    at Tanta University

    1988 - 1992 (4 years) Muḩāfaz̧at al Gharbīyah

Services offered

  • CFO

    Basics of Job Responsibilities
    • Assessment and evaluation of Fin Dept team.
    • Creating and updating short and long term financial picture of the company.
    • Preparing, reviewing and monitoring the budget including templates, forms, controlling reports.
    • Setting principles of latest cost accounting standards starting from creating cost centers based on the technical process including manufacturing steps, cost elements, unit cost, change in stock, work in progress and all related costing reports.
    • Review and setting the internal control system based on the accepted standards, company policies, goals and strategic plans.
    • Developing all Financial Models and reports needed for the business as well as smart calculators for decision making.
    • Guiding the management for optimum operation with supporting studies and analyses.
    • Setting and controlling projects’ budget individually thru combined reports with related departments.
    • Determine the rules and practices of how a business will be ran, getting into the technical procedures of the business.
    • Setting daily, weekly and monthly reporting package, with continues development.
    • Analyzing applied financial rules and standards including IFRS and internal controlling system.
    • Handling the business function of the organization that affects cost, policy, procedure and strategic planning.
    • Implement the company's business plan to meet with vendors and resources to keep commercial operations and relationships accurate.
    • Reviewing profit and loss information to determine long-term plans.
    • Preparing executive reports and presentations for high level management.
    • Opening a professional relationship with all firms and banks related to business.
    • Delegate tasks and use risk management acumen.
    • Full revision of weak areas those need knowledge and expertise.
    • Reviewing the ERP system controls, performance and reports.

    Tasks and Routine
    • Daily overview of business and scheduled tasks such as due payments, collection report, cash position, credit facilities, etc.
    • Reviewing both sales and supplying contracts and submit related reports.
    • I did enhance and develop a new costing system and WIP evaluation for company products.
    • Establishing and correct financial cycle and its integration with other departments.
    • Set up a new system for quotations and prices.
    • Set up a full costing system for the new subsidiary company.
    • Put strategic plans for cost reduction.
    • Full Package of periodical Financial Reporting BS, IS, CF as well as costing, sales contracts, purchasing, budget Vs actual, expenses, bank facilities, financial analysis.
    • Leading a professional finance team.
    • Feasibility studies for new project and/or new products.
    • Coordinate and manage company branches, factories, projects’ sites, etc.
    • Recognize and reward hard work of the staff in helping to accomplish tasks.
    • Based on extracted reports, I highlight and advising the management of the strategy that achieving smooth operation, classification of expenditure, maximizing profit, cost reduction.
    • Developing of required reports when needed and able to work on huge database thru Excel sheets to extract very specific reports.
    • Preparing the KPI(s) reports those connecting the all departments to integrate the entire business performance.
    • Submitting suggestion for decision makers for optimistic operation and cost reduction to advise them on matters such as effective use of resources and assumptions underlying budget forecasts.
    • Preparing professional templates for cash flow, sales, business plan, costing, receivables, inventory and any other outstanding issues to be followed up in easy manner.
    • Analysis of major stock categories. Explanations of any significant fluctuations and details of any unusual increase or decrease in the stock levels.
    • Reporting stock write-offs and required provision
    • Following up the outstanding commitments and contracts with others including matured payments those are linked with company cash flow.
    • Managing and controlling a due diligence report for Alico as a re-evaluation of company position.
    • Coordinate and manage company branches, factories, projects’ sites, etc.
    • Monthly controlling of allocated cost on all projects.
    • Recognize and reward hard work of the staff in helping to accomplish tasks.
    Personal Skills
    • Progressive experience in accounting, costing systems and financial analysis.
    • Involved before in establishing new entities and fully integrated financial cycles.
    • Self-directed and autonomous, able to communicate effectively.
    • Synthesis complex thinking processes into concise and simple statements.
    • Business knowledge and decision making skills.
    • Strategic and forward thinking.
    • Extensive knowledge in fast-paced technologies and accounting programs and possess excellent mathematical skills.
    • Strong written and verbal communication, time management and organizational skills, problem-solving and analytical skills, as well as leadership and administrative skills.
    • Excellent knowledge of Microsoft Office Application, particularly Excel.
    • Ability to take a practical approach and undertake work at an operational level.
    • Assist in developing ideas and actively help lead the site regarding strategic and tactical management issues, bringing financial and general business expertise to the division’s leadership.
    • Communicate clearly and effectively at all levels and capable of making presentations Senior Management.

Languages

  • Arabic Native

  • English Negotiation

Hives