Finances Manager
Resume:
Atef Badr
****.****@*******.***
Shaikh Zayed, Giza, Egypt
Birth date: 27 /05/1959
Objectives
Provided leadership to all aspects of financial stewardship, budgeting, financial analysis, resource procurement, operational analysis, and project management. Led efforts to augment the reporting processes and general ledger integration for new system and quality control audits. Played a key role in evaluating and strengthening internal controls, which mitigated risk exposure. Consolidated multiple processes and systems, which created efficiencies while reducing staffing needs. Established monthly metrics deck reviews with Finance VP and Directors, which aided in identifying trends and enhancing profitability. Created the annual budget and incorporated forecasted volume, revenue, headcount, new initiatives, and tax obligations. Monitoring business performance, handling budgets, supervising accounts, analyzing competitors, developing financial models and monitoring cash flow. Experience
LED Way Electrical Trading Co. in Egypt
Oct 2012 till Mar 2014 & May 2017 till Present
Partner & Finance Director
Establish private company for electrical supplies
Implement new ERP system
Establish and implement new policies, regulations and internal controls
Handle plan, budgets and forecast, reporting, accounts receivable, accounts payable, costing, purchases control, inventory control, assets control, revenue recognition
Treasury, bank LG & LC, banks facilities and cash flow
Preparation of Financial Statements.
Anwar Moj Al Khalij Contracting Group in Saudi Arabia Apr 2014 till May 2017
Group Accounting Manager. Reporting to the CEO
Control the cash flow position throughout the company, understand the sources and uses of cash, and maintain the integrity of funds.
Focus on cost reduction, purchases control, inventory control, assets control, revenue recognition, banks facilities and cash flow.
Understand all of the company's liabilities and control it.
Establish and implement new policies, regulations and internal controls.
Responsible for overseeing the budget process, collecting the inputs, and comparing the company's actual performance with estimates.
Establish and implement short and long term departmental objectives, success measures, tracking, and analysis.
Supporting departments heads with reports and in-depth analysis.
Preparation of Financial Statements.
Member of billing committee "issuance and collection" with total volume 1.75 billion S.R.
Member of the implementation team of ERP system "MS Dynamics AX" to replace local "non-integrated system".
Payable Accounts and to prepare payment to them.
Managing accounting team of 12 accountants.
Project assignment for 6 months, I was responsible for establish new transportation company in Dubai to support one of our big project "new border between Saudi Arabia and Oman" including finalizing licenses approvals, Trucks purchases, handling drivers permits approvals with authorities and coordinating with project engineers for needed equipment and materials to provide it to them
Miraco Carrier “Misr Refrigeration & Air- conditioning Mfg. Co.” Jun 2011 – May 2012
Financial Planning & Analysis Manager (Operation). Reporting to the CFO
Lead the costing, Inventory control, budget & forecast and reporting functions.
The Super user of SAP ERP system.
Development and maintenance standard costs.
Review and update all products BOM.
Purchases control and inventory control.
Assists CFO in planning and execution of operational cost analysis to enhance profitability and improve process efficiency.
Establish and implement short and long term departmental objectives, success measures, tracking, and analysis.
Handling budget and forecast for inventory.
Handling all inventory reports (weekly, monthly, yearly, aging, NITO analysis).
Supporting Senior Management team and departments heads with in-depth analysis and Prepare the presentations.
Work and communicate with external auditors in costing and inventory area.
Managing accounting team of 4 accountants.
Miraco Carrier “Misr Refrigeration & Air- conditioning Mfg. Co.” Aug 2000 – May 2011
Credit Control Manager. Reporting to the CFO
Lead the Accounts Receivable, Credit, Collections, and Cash flow functions.
The Super user of SAP ERP system.
Member of the company credit committee.
Member of the implementation team of ERP system (SAP).
Working as evaluator and approver for Sarbanes-Oxley (global audit system).
Credit evaluation for new clients and re-evaluate existing clients.
Establish and maintain credit management policy and procedures and updates of internal control documents.
Monitoring and controlling the company distributors and customers.
Negotiating settlements and rescheduling agreements.
Review and approve accounts receivable write-off requests in accordance with credit policies.
Handling budget and forecast for Receivable, Collection, Bad Debt Provision and DSO.
Handling all receivable reports (Aging analysis, DSO analysis, Bad Debt Provision).
Responsible for legal cases and following up with external lawyer.
Work and communicate with external auditors in credit and receivable area.
Managing accounting team of 27 accountants and collectors.
Easa Husain Al Yousifi Est. National/Panasonic/Techniques agent in Kuwait Oct1984–Aug1990 & Jun1991- Jul 2000
Assistant Chief Accountant. Reporting to the Finance Manager
Preparation of Financial Statements
Supplying the Management with the monthly Income Statement
Member of the implementation team of ERP system (Oracle)
Budgets and Forecasts
Monitor Cash Flows
Obtaining Bank facilities
Bank Letter of Credit and Letter of Guarantee
Reconciliation of Banks
Various banking-related procedures
Payable Accounts and to prepare payment to them
Accounts receivable and collection
Managing accounting team of 7 accountants
Kuwait Egyptian Plastic Pipe Co. (Eslon Egypt) in Egypt Dec 1990 – May 1991
Senior Accountant. Reporting to the Finance Manager
Assisting in preparation Financial statements.
Bank Letter of Credit.
Reconciliation of Banks and Accounts payable.
Various banking related procedures.
Taxation.
Jaleeb El Sheyoukh Co-Operative in Kuwait
Apr 1983 – Sep 1984
Accountant, Reporting to the Accounting Manager
All accounting routine work.
Reconciliation of banks and accounts payable.
Courses
CPA Exam review
Documentary Credits & Inco-terms
Negotiation Skills
SAP and MS Dynamics AX
Education
Bachelor Degree in Commerce, Accounting Department, May 1981, Cairo University, Egypt
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