Resume Chief Finance Officer in Egypt Suez

Since Dec 2014 To 31Jan2023 Chief Finance Officer ALTAYSEER CHEMICALS & FERTILIZERS GROUP, Yanbu, KSA (TPF Group)  Currently entrusted with the onus of overseeing complete Accounting Systems and IS implementation across the organization assisted by a team comprising of Accounts Manager, Costing Manager and 12 Accounting Officers  Member of the management and risk committee that runs the overall operations of the company  Distinction of successfully implementing accounting & internal controls, Sun-ERP (Epicor) systems, new costing system, risk management system and IT infrastructure (WAN, VPN, etc,) across the company  Meticulously trained all staff members/employees on the usage of newly implemented systems  Responsible for preparing year-end financial statements, including notes in line with IFRS standards & guidelines  Play a key role in overseeing annual external audits as well as all internal audits from the parent company’s Auditors  Accountable for monthly product-wise costing of finished goods, comparing actual production losses Vs. standard losses, determining/applying standard manufacturing rates for costing and preparing projected product-wise costing  Instrumental in preparing annual and 5-year P&L accounts, balance sheet, cash flow and other financial information based on detailed working; review plans with specific reference to actual results  Utilize broad competencies of financial projections in analyzing cash flow requirements for the plan and suggest management on the same; prepare comprehensive annual departmental budgets by liaising with internal departments  Judiciously evaluate performance of the company by comparing actual monthly results Vs. budgets and previous month with suitable comments on variances identified  Involve in periodical analysis of liquidity and profitability and recommend measures for improving the same; oversee detailed analysis of business plan and budgets  Play a pivotal role in preparing comprehensive project costing for new as well as expansion of existing projects, including project financing proposals and impact of new projects on the balance sheet  Apply skills gained in preparing management reports on projects with detailed analysis of project P&L account, balance sheet and keeping in view non-financial factors  Responsible for arranging various banking facilities with banks, liaising with Sr. Bankers for daily operations, preparing daily funds, weekly cash flow and effective funds management and control over markup costs & exchange losses  Utilize strong background in planning for timely funding of working capital requirements in addition to funding of the business expansion  Apply sharp analytical abilities in conducting financial planning, overseeing fund management and ensuring compilation and coordination of accounting &financial records  Gather required data and prepare projected financial statements for short &long-term financing of business  Compile and present MIS reports to provide feedback to the top management for taking strategic decisions  Reduce overall financial costs through minimum risks, reduction in working capitals/trade finance costs and maximum returns on short-term investment of surplus funds  Skillfully arrange bank finance for project management, including CAPEX Since Oct 1997 To Nov 2014 Financial Controller KNIGHTSBRIDGE CHEMICALS(KCE), Egypt Accounting System and IS Implementation • Implemented accounting and internal controls in the company; • Implemented Sun-ERP (Epicor) Systems in the company; • Implemented new costing system in the company; • Implemented Risk Management System in the company; • Trained staff over using the newly implemented systems; • Managed implementation of IT infrastructure (WAN, VPN etc); Accounts • Preparation of year end Financial Statement including notes thereon in accordance with International Financial Reporting Standards (IFRS’s). • Application of International Financial Reporting Standards (IFRS’s). • Fully responsible for the year end external audit. • Responsible for internal audit from parent company’s auditors. • Preparation of monthly reporting pack for the head office ; • Responsible for all sort of accounting functions. Costing • Responsible for monthly product-wise costing of finished goods. • Comparison of actual production losses against standard production losses. • Determination and application of the standard manufacturing rate for costing. • Preparation of projected costing product-wise. Business Planning and Budgeting • Excellent command on financial projections. Preparation of yearly and five yearly planned profit & loss account, balance sheet, cash flow and other financial information based on detailed working. • Analysis of cash flow requirements for the plan and suggestion to the management. • Preparation of comprehensive annual departmental budgets and liaison with the concerned departments. • Periodical review of the plans with specific reference to actual results. Financial Analysis • Evaluation of performance of the company with comparison of actual monthly results v/s budgets and last month and suitable comments on variances. • Periodic analysis of liquidity and profitability and recommendation for the improvement. • Detailed analysis of business plan and budgets. • Analysis of expenses and recommendation for cost reduction. Project Costing • Preparation of comprehensive project costing both for new projects and expansion of existing projects. • Project financing proposals and impact of new project on the balance sheet. • Preparation of management report on projects with detailed analysis of projected profit &loss account and balance sheet and consideration of non financial factors. Finance • Arranged various banking facilities with the banks. • Liaison with the senior bankers for day to day banking operations. • Preparation of daily funds position and weekly cash flow. • Effective funds management and control over markup cost and exchange losses.

Bachelor of Commerce Suez Canal University, 1989

MCSA (Microsoft MCSA Certification)- Admin ERP sys implementation "Oracle-NetSuite "

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Accounting-Accounting Principles-Accounting Standards-Accounting Techniques Averaging-Budgeting-Calculations-Cash Flow Management--Computer-Concentration Cost Analysis-Cost Reduction-Data Processing-Financial Data-Financial Management GAAP-General Ledger-Journal Entry-Mathematics-MS Excel-Profit and Loss-Quantitative Data Reconciliations-Reconciling Balance Statements-Reporting-Sorting-Tax Filing-Tax Planning Tax Reporting