Medhat Mohamed Abdelmagid
CHIEF FINANCIAL OFFICER
Qatar +974******** ***********@*****.*** linkedin.com/in/medhat-abdelmagid-0917802b DRIVING GLOBAL PROFITABILITY FOR GROUP ENTERPRISES Offer 19 years of expertise in driving sustainable profitability and minimizing financial risk in billion-dollar group enterprises. Savvy finance strategist with a record of success in driving profits up 289% in a two-year span, securing billions in funding and developing shareholder business globally. Track record of gaining international credit rating and gaining listing on stock exchange. Articulate advisor and liaison to investors, partners and other stakeholders. Foster culture of accountability, commitment and shared success, leading up to 90 cross-functional employees. Leadership Strategic Planning Finance Accounting Project Management Profit & Loss (P&L) Management Business Planning International Operations Management Budgeting Risk Mitigation Regulatory Compliance Stakeholder Relations Financial Controls Contract Negotiation Mergers & Acquisitions (M&A) Reporting Cash Flow Forecasting Tax Financial Statements Variance Analysis Process Improvement Training, Coaching & Mentoring Fund Management & Investment Audits Microsoft Office Microsoft ERB Dynamics Oracle SAP ERP PROFESSIONAL EXPERTISE
GROUP CHIEF FINANCIAL OFFICER Ezdan Holding Group (EHG) – Qatar Feb 2012 – Present EHG is a Forbes' Global 2000 multi-billion-dollar shareholding company; largest real estate company in Persian Gulf region. Evangelize business transformation and financial health initiatives. Formulate strategic business plans. Identify and explore opportunities; optimize finance models. Lead planning, budgeting and analytical support for business decisions. Analyze P&L. Oversee international operations. Develop, implement and improve processes, systems and procedures. Review and analyze financial statements of group companies. Manage cash flow and working capital. Oversee tax and legal compliance. Manage risk. Prepare and finalize accounts. Forecast and monitor funds flows. Analyze budget variances; track controls. Liaise with stakeholders and auditors. Strategic Leadership
Built a billion-dollar finance empire by extending footprint internationally to all banks in Qatar, Gulf Cooperation Council (GCC), Asia, Europe and USA.
Achieved financing for projects by obtaining $2 billion in syndicated loans with international banks over 3 years.
Established Ezdan as first private company in Qatar to issue Sukuk (Islamic bonds), spearheading successive issues in 2016 and 2017, totaling $1 billion.
Elevated international profile by establishing Ezdan as the first private company in Qatar with a rating for international credit agencies. Secured credit rating from international agencies, including Moody’s and S&P. Process Improvement
Propelled net profit 289% in two years; grew net profit 10-30% in subsequent years by analyzing and improving processes and infrastructure.
Technology Advancement
Boosted efficiency and productivity by leading implementation process of Microsoft Dynamics ERP.
Slashed monthly costs, streamlined collection of rented cheques and eliminated account reconciliation issues with central bank by deploying Receipt Deposit Cheques (RDC) software. Continues...
Leadership Strategy Global Group Companies
“Medhat adapts swiftly to dynamic market
conditions. He has deep knowledge in building a
reliable governance framework and strategic
financial planning to maximize shareholder value.”
-- Mohamed Gad, Executive Director of Global
Banking, Standard Chartered Bank
Medhat Mohamed Abdelmagid Chief Financial Officer
+974******** ***********@*****.*** linkedin.com/in/medhat-abdelmagid-0917802b Page 2 Ezdan Company Awards
Enterprise Agility Award by Entrepreneur magazine in collaboration with Barclays Group, in recognition of the diversity of products that the Group provides.
Two-time winner of Best Real Estate Company of the Year Award at Arabian Business Awards ceremony.
Best Social Responsibility Initiative Award in Construction and Development for charity and humanitarian contributions at social, health, educational, cultural, sports and environmental levels. CHIEF FINANCIAL OFFICER Al-Tadawul Holding Group (Acquired by Ezdan) – Qatar Jul 2007 – Jan 2012 Tadawul is the financing arm of Ezdan and the leading shareholder in the Ezdan Holding Group. Strategized short- and long-term business plan and annual budget. Provided strategic decision support and advised on strategies to enhance profitability. Forecasted business. Interpreted financial results. Interpreted cash flows and developed mechanisms to minimize financial risk. Controlled cash flow, investments and credit lines. Cultivated and managed relationships with banks and financial institutions; secured credit lines. Restructured debts and identified risks/opportunities. Assessed loan applications and client financial statements. Evaluated early-warning portfolio. Analyzed variances; prepared statements; generated reports.
Multiplied funds and extended risk of ownership across additional shareholders by spearheading process of listing of Ezdan Real Estate Co. (Subsidiary of Al-Tadawul) on Qatar's Stock Exchange.
Cut finance costs 2-3% by expanding network internationally to all banks in Qatar, GCC, Asia, Europe and USA.
Finalized a billion-dollar finance facility from Qatar and international banks. EARLY CAREER HIGHLIGHTS
ACCOUNTING MANAGER Alexandria Carbon Black – Alexandria, Egypt Apr 2005 – Jul 2007
Enhanced data access for leadership decision-making through pivotal role in implementing SAP ERP.
As proactive change champion, steered Total Productive Management (TPM) in Finance. INTERNAL AUDITOR Ibn Sina Laborex Pharma – Cairo, Egypt Nov 2004 – Mar 2005 ACCOUNTANT SUPERVISOR; ACCOUNTANT Mansour Group – Alexandria, Egypt Jan 1999 – Jun 2004
Drove profits up 20% and advanced efficiency by designing and deploying a Standard Costing System. Redesigned database and conducted deep analysis of all aspects of warehouse process. EDUCATION
Bachelor of Science – Commerce/Finance
Alexandria University – Egypt 1998
PROFESSIONAL ASSOCIATIONS
CFO Network
Finance Club
Business Operations & Execution Best Practice Forum MENA Executives