Management Sales

Ayman Badr

**** ***** ****, # *** ***** No.: 419-***-****

Toledo, Ohio 43623 Email : abntz4@r.postjobfree.com

Areas of expertise

Multiple sites financial closing & reporting

Costing, working capital management

Budgeting / Strategic planning

Supply chain & inventory control management

SOX 302 – 404 documentation / compliance testing

Audit’s engagement planning & implementation

Process documentation & reengineering

Jefferson Wells – Field controller Current

Responsibilities and achievements include:-

Ensured accurate consolidated financial statements closing, analysis and reporting procedures in

accordance to US GAAP.

Managed the budgeting process preparation and monthly outlooks versus actual.

Maintained daily analysis of operations: sales, productivity, labor & material consumption and costs

variance versus units produced and margin analysis

Developed the financial and operational audit programs & planed for the annual risk based audits

Managed and performed the financial, operational audits and SOX 302 - 404 compliance and

remediation testing

Reviewed accounting cycles that ensured accurate financial statements’ closing & reporting procedures

Updated SOX framework matrix with changes in business processes, ensured the existence of up-to-

date full documentation, narratives and flowcharts for business processes

Provided financial information, supportive analysis and business counsel to the Board of Directors

regarding profitability optimization and expansion decisions

Reviewed and developed necessary accounting policies and documentation of internal controls

Managed SOX 302, 404 documentation, compliance testing and risk assessment projects

Reviewed credit policies, raised recommendations to improve customers’ credit limits and terms

Managed the billing cycles, cash projections and timely accruals

Reviewed global receivables and revenue recognition reported numbers and highlighted areas of

control deficiencies and potential risk of the unmatched global receivables with recognized revenues,

Provided professional business counsel to client’s management on major financial and control

deficiencies,

Evaluated AR aging and related bad debts provisions, raised recommendations to resolve unmatched

and unallocated credits

Led management efforts that identified / implemented international benchmarking measures and

applied best practices of cost and expense management.

Communicated best practices and provide risk-based analysis to improve control environment in sight

of PCOAB standards and COSO frame work.

Developed and presented actual financial performance models with position updates to management

Designed and implemented audit procedures on accounts receivable sub-ledger, delinquent customer

accounts and revenue recognition accounting cycles

Reviewed global transfer prices, evaluated the inflation impacts on actual and projected revenues

Evaluated the process of products’ pricing in light of raw materials frequent changes, which ensured the

areas full SOX compliance.

Worked collaboratively with financial team to define, design, develop and deploy new business systems

to optimize organizational efficiency

Made and raised recommendations to management that ensured accurate receivables, revenues and

cash flow numbers are being projected and are in compliance with SOX 404.

Managed global payable activities impacted by bankruptcy Ch 11 Re-organization court motions/orders

Developed the periodic corporate-level risk assessment of global payables in accordance to SOX-

compliance’s requirements

Documented and kept up-to-date auditing flow charts / narratives of the disbursements processes as

impacted by bankruptcy Ch 11 Re-organization procedures

Identified and updated the global disbursement processes’ risk and controls for SOX 404 matrices in

sight of Ch 11 Reorganization and court orders

Presented weekly audited balances of the pre-filing disbursements to the court’s appointed unsecured

creditors committee, with the relevant strategic key indicators

Produced recommendations to guide process owners resolving balance sheet’s differences relative to

subject to compromise liabilities.

Managed the timely vender reconciliations that resolved the unsecured creditors’ disputed outstanding

claims

Champion Enterprises – Sox Compliance, Senior Internal Controller 2003 - 2006

Champion Enterprises is a vertically integrated manufactured-homes company with 38 homebuilding

manufacturing facilities in 16 States, Canada and the UK with $ 1.2 Billion in-group sales.

Developed a framework and implementation plan for Sarbanes Oxley compliance.

Managed the risk-based financial, operational and SOX 302 – 404 compliance audits on the group’s

manufacturing facilities, retail centers and headquarters.

Identified and investigated the key manufacturing potential risk areas and exposures; provided

preventive value-adding recommendations for improvement.

Lead and completed the SOX 404 documentation and identification of key business risks & controls.

Produced the monthly corporate-level risk assessment, and managed related tests of controls.

Maintained the up-to-date risk/control matrix for SOX 404 testing within the PCAOB guidance.

Enhanced the cash management control environment that reduced risk associated with electronic fund

transfers and short-term investment transactions..

Identified opportunities for improving risk management, monitoring control activities and basic controls

over financial reporting.

Cadbury Schweppes - PLC 2001 – 2003

Financial Controller

Cadbury Group is biggest international manufacturer of beverage and confectionery with market capitalization

of £11 billion. Cadbury Schweppes employs around 55,000 people and operates in 200 countries around the

world.

Managed the consolidated month-end / year-end books closing, produced the internal and external

reporting

Improved the MRP process, reduced Plant’s inventory days of supply (DOS) by 16 days

Re-engineered the customer credit-checking and dunning letters process, resulted in 11% drop in bad

debts write-offs.

Achieved radical reduction in distribution costs (9%) by introducing statistical utilization approaches

over volume, weight, and destination

Prepare consolidated reporting packages with assessment and review of key metrics, business drivers

and trend analysis identifying variations to plan and historical comparisons

Maintained accurate BOM’s and total standard products’ cost, reported different variances with

recommendations for improvement

Drive greater efficiency and effectiveness by reengineering and applying best practices in budgeting,

reporting and consolidation processes

Performed in-depth analyses of cost structures, purchase price variances and product variances; made

and implemented recommendations for improvement

Provided the BOD with adequate financial objective counsel and supporting analysis on proposed

business initiatives and alternatives.

Administered changes to the products’ mix, cost / margins structure, and developed daily automated

productivity and margin reporting system.

Reduced the daily sales outstanding (DSO) 6%; automated the collectors’ daily-planner system..

Lafarge – Titan Cement - BCC 2000 – 2001

Controller, Regional

Lafarge group is the world leader in the manufacturing of building materials, Head office in Paris, France and

operating plants located in 75 countries with a workforce of 75,000 people, and group sales of 14 billion euros

(2000)

General responsibility for supervising the Finance and IT procedures of regional companies

Developed automated reporting systems summarizing and forecasting the company business activities

and financial position in areas of income, expenses, and earnings.

Placed into operation procedures and controls, which verified the integrity of all systems, processes and

enhanced the Company's value.

Managed the budgeting process and tracking of fixed asset/capital expenditure.

Participated in the integration processes and due diligence of corporate acquisitions

Appraised periodically and presented the organization's financial position to the Finance Committee of

the Board of Directors

Maintained effective corporate relationships with external auditors and financial institutions.

Established a formalized management program for tracking the preventive maintenance costs.

Worked with the operational / functional managers for improving production lines profitability.

Developed improved management information systems that contributed commercially in the

development of business in new targeted geographical areas

Established and maintained the necessary financial policies and procedures, and monitored the

planning and execution of audits

Controller, manufacturing operations - Xerox 1997 - 2000

Managed the accounting activities, month closing and reporting of the manufacturing operations.

Generated the timely purchase price variances, cost variances, pricing of finished goods and monthly

financial package.

Maintained the application of JIT within the supply chain, and appropriate level of external dollar value

commitments.

Established more accurate and realistic product pricing process by revising the activity-based costing

(ABC) drivers.

Automated the material movement and cost analysis, enhanced the handling of order point item, and

achieved 7% savings in ordering and carrying costs.

Planned for the inventory cycle counting, the financial/operational audits, and oversaw the

implementation of agreed corrective actions.

Led the plant-wide indirect cost-reduction project and implemented corrective actions that achieved 3%

savings.

Re-engineered the order-to-collection process, achieved 4% reduction in vehicles and fleet running

cost, and reduced aged debts by 5%.

Negotiated successfully and attained additional trade and cash discounts from suppliers.

Enhanced the MRP process through an enhanced local and international business

Internal Audit & Control Manager - Xerox 1994 - 1997

Developed the strategic long-term plans to ensure continuous improvement to the control environment.

Planned and managed the financial, operational & compliance audits. As well as other special

projects and engagements.

Communicated audit findings, recommendations and agreed on corrective actions with process owners.

Documented all key business processes in terms of flowcharts and narrative, established plans for

eliminating non-value adding procedures.

Deployed the preventive control procedures throughout the company and improved the overall control

environment by placing effective controls into operation.

Prepared and presented the monthly overall risk assessments and status of engagements to the audit

committee.

Positive contributions have been made to update the local financial polices, procedures, and internal

control & testing checklists.

Tightened and imposed more controls over the key manufacturing operational processes that resulted

in efficiency improvements and decreased the percentage weight of production waste.

Liaised with the external auditors in performing tests of controls, stock takes, and tax filings

Education :

Bachelor’s Degree - Shams University, Major in Accounting

CPA - Illinois State, 1998 (certificate # 75475); member AICPA

MBA - AMI (linked with University of Michigan) - Major in Finance & Banking 2001 (GPA 3.4)

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