Resume

Sign in

CFO

Location:
Madinaty, Cairo Governorate, Egypt
Posted:
May 30, 2018

Contact this candidate

Resume:

Abdelsalam Mekky

**, ***** ***, ***, *******, New Cairo, +201********* ac5oqg@r.postjobfree.com

Objective

A senior level finance professional, with 20 years of exceptional track record in all high-end aspects of financial control, management and auditing, seeking a strategic role in a dynamic organization to contribute accrued skills in fructifying tangible and strategic organizational objectives.

Education

CPA

On going

MBA 2016 CAIRO UNIVERSITY-CAIRO BUSINESS SCHOOL UNIT

Major: Finance and Investment

BSC. OF COMMERCE 1997 CAIRO UNIVERSITY-CAIRO BUSINESS SCHOOL UNIT

Major: Accountancy and Finance

Skills & Abilities

TOOLS/TECHNOLOGY

SAP

Oracle Data Base

MS Office

MANAGERIAL SKILLS

•Strategic Financial Mgmt., Control & Modelling, Auditing, Designing Systems & KPIs

•International Accounting Systems, Budgeting, Costing, Cost Control, Financial Structures, Forgery

•Financial Consultancy, Financial Forecasts

•Networking, Customer Service, Interpersonal, Communication, Team Bldg. & Leadership

•Communication, Interpersonal, Analytical, Team Building & Leadership, Creative Problem Solving

•IT Skills, Accounting Software SAP, MS Office

Languages

Arabic

Level: Native

English

Level: Fluent

French

Level: Beginner

Experience

CFO HEALTH TECH FOR INTEGRATED SOLUTIONS

(PHARMACUTECAL PRODUCTS) (SUPPLEMENTRY FOOD ‘’ORAYZA’’)

Strategy, Planning and Management

Act as Chief Financial Officer and strategic business partner to senior executive leadership team.

Assess and evaluate financial performance of organization with regard to long-term operational goals, budgets and forecasts.

Provide insight and recommendations to both short-term and long-term growth plan of organization.

Identify, acquire and implement systems and software to provide critical financial and operational information. Evaluate departments and make suggestions for automating processes and increasing working efficiency.

Communicate, engage and interact with Board of Directors and Executive Leadership Team.

Create and establish yearly financial objectives that align with the company’s plan for growth and expansion.

Select and engage consultants, auditors and investors.

Serve as a key member of executive leadership team and round table discussion panel.

Participate in pivotal decisions as they relate to strategic initiatives and operational models.

Interact with and bring department into line with Board of Directors’ plans, initiatives and recommendations.

Implement policies, procedures and processes as deemed appropriate by senior leadership team.

Financial Analysis, Budgeting and Forecasting

Prepare and present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and weekly cash flow by division.

Review and analyze monthly financial results and provide recommendations.

Identify, develop and execute analysis of business initiatives, product launches and/or new service offerings.

Develop and maintain monthly operating budget and annual company operating budget.

Manage financial planning and analysis department. Supervise creation of reports, software implementation and tools for budgeting and forecasting.

Participate in weekly conference calls with Lenders, Vendors and Executive Leadership Team.

Accounting, General Ledger, Administration and Operations

Supervise the accounting department to ensure the proper functioning of all systems, databases and financial software. Provide regular maintenance and backup of all accounting systems and supervise company financial staff.

Review and ensure application of appropriate internal controls, SOX compliance and financial procedures.

Ensure timeliness and accuracy of financial and management reporting data for federal funders, foundations, investors and company’s board of directors.

Oversee the preparation and communication of weekly, monthly and annual financial statements.

Oversee the preparation and timely filing of all local, state and federal tax returns.

Ensure SOX compliance regarding all financial functions.

Work with Human Resources to ensure appropriate legal compliance.

Oversee the month-end close process, constantly reviewing procedures while eliminating inefficiencies.

Oversee preparation of monthly, quarterly and annual financial statements.

Review all month-end closing activities including general ledger accounts, balance sheet accounts and overhead cost allocation.

Enhance and implement financial and accounting systems, processes, tools and control systems

Hire, develop and manage accounting directors, managers and staff

Serve as a key point of contact for external auditors; Manage preparation and support of all external audits.

Coordinate and strategize methods used to attain team goals with Chief Accounting Officer and Regional Controllers.

Financial Management

Manage cash flow planning process and ensure funds availability.

Oversee cash, investments and asset management area.

Explore new investment opportunities and provide recommendations on potential returns and risks.

Maintain outstanding banking relationships and strategic alliances with vendors and business partners.

Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Financial Relations and Policies

Engage finance committee and/or board of directors to develop short term and long term plans, projections and budgets.

Represent company to banks, financial partners, institutions, investors, public auditors and officials.

Remain current on audit best practices as well as state, federal and local laws regarding company operations.

Finance and Accounting Team Management

Mentor and develop a team of 1 Accounting manager and 3 Sr. accountants, managing work allocation, systems training, performance evaluations, and the building of an effective and efficient team dynamic.

Guide larger, cross-divisional teams outside of direct span of control within the three main company divisions.

Cash Management

Oversee weekly cash management and AP Department, approve large payables, sign checks, authorize large wires and ACHs

Supervise Accounts Receivable management and provide guidance relating to the collection process

FINANCE AND BUDGET CONTROLLER EL ZAMALEK TOURISM AND INVESTMENT CO.

(HOTELS INVESTMENT) (ZAMALEK HILTON RESIDENCES – SAFIR CAIRO HOTEL)

FROM: 1st May 2017 till: Present

Management aspects

•Maintain a documented system of accounting policies and procedures

•Oversee the operations of the CAF accounting Unit

•Oversee the accounting operations of CAF Centres of Excellence, especially their control systems, transaction-processing operations, and policies and procedures.

Transactional aspects

•Oversee the bookkeeping function within the Accounting Unit including control of the general ledger, accounts payable, accounts receivable and payroll

•Supports HR in the processing of payroll in a timely manner

•Oversee completion of periodic bank reconciliations by the Treasury Manager

•Ensure that required debt payments are made on a timely basis

•Maintain the chart of accounts

•Maintain an orderly accounting filing system, especially through JDE software • Maintain a system of controls over accounting transactions

Reporting aspects

•Issue timely and complete financial statements as requested by the Director

•Coordinate with the Director the preparation of the corporate annual report

•Recommend benchmarks against which to measure the performance of CAF’s operations

•Support the Director in the management and production of the annual budget and forecasts

•Calculate variances from the budget and report significant issues to the Director, ensuring credibility of the budgets

•Provide for a system of management cost reports

•Provide financial analyses as needed by the Director

Compliance aspects

•Coordinate the provision of information to internal and external auditors for the annual audit

•Monitor debt levels and compliance with debt covenants

•Comply with local, state, and federal government reporting requirements and tax filings

FINANCE MANAGER FEMEX FOR IMPORTATION (FASHION RETAIL) FROM: 15th September 2015 till: 30th April 2017

•Provides analytical support to the Head of Retail and continually improves our financial systems and data.

•Works with the local retail team to produce robust budgets and forecasts for all sales and cost areas

•Identifies risks and opportunity areas to the forecasts.

•Presents the monthly forecasting figures to the retail team.

•Effectively plans cash flow needs based on assumptions made.

•Provides weekly performance reporting to the retail team highlighting trends and opportunities to assist in improving profits, margins and reducing costs.

•Issues detailed P&Ls to the retail team, highlighting poor performance and opportunities

•Identifies and delivers financial training to support the retail team

•Liaises with the central accounting team on key areas of financial control, e.g. collation of accruals on behalf of local retail team

•Works with local retail team to ensure ordering and receipting is done effectively

•Ensures all weekly/periodic data is collected and imputed and period end numbers produced by central accounting are reviewed

FINANCIAL CONTROLLER CROWN GROUP CO. (INDUSTRIAL ENGINEERING)

From: March 2011 till: March 2015

•Develop and maintain timely and accurate financial statements and reports that are appropriate for the users and in accordance with generally accepted accounting principles (GAAP).

•Develop, implement, and ensure compliance with internal financial and accounting policies and procedures.

Ensure that all statutory requirements of the organization are met including, Income Tax, Goods and Services WH Tax.

•Prepare all supporting information for the annual audit with the approved external auditor.

•Prepare all supporting information for authorized groups.

•Document and maintain complete and accurate supporting information for all financial transactions.

•Develop and maintain financial accounting systems for cash management, accounts payable, accounts receivable, credit control, and petty cash.

•Reconcile bank accounts; and manage cash flow.

•Review monthly results and implement monthly variance reporting as compared to budget.

•Manage the cash flow and prepare cash flow forecasts in accordance with policy.

•Manage the bookkeeping function, using the Simply Accounting Package, including maintenance of the general ledger, accounts payable, accounts receivable.

•Manage and ensure collection process are done and documented well as per the compliance requirements.

•Develop and implement policies and procedures as required to ensure that personnel and financial information is secure.

•Participate as a member of the Finance Committee.

•Assist the Managing Director and the Board Treasurer with financial reporting as required at Board meetings and the Annual General Meetings and provide advice to support the decision-making process.

FINANCIAL & MATERIAL MANAGER EGYPT & YEMEN POWER WELL SERVICES (OIL & GAS FIELD SERVICES)

From: October 2005 till: March 2010

•Prepare the annual business Budget for Egypt & Yemen for six service Product lines as well Balance Sheet, Cash flow Budget, and other financial statements.

•Prepare and maintain the monthly Business forecast for Egypt & Yemen for six service lines.

•Prepare and maintain the Cash flow projection on both weekly and monthly basis for Egypt & Yemen.

Prepare monthly the KPIs figures and report accordingly to the NAME (North Africa & Middle East) Region and to the Group Finance in UK. Maintain and assist the Region FM to manage the funds distribution among the Regions countries. Prepare the P&L and Financial statement for the monthly closing in line with the timetables for Egypt & Yemen.

•Prepare the Balance Sheet G/L reconciliations monthly, on the mid of each month for Egypt & Yemen.

Prepare the bank reconciliations monthly for Egypt & Yemen.

•Acting as Credit controller, and regularly visit clients to ensure A/R collection on Credit terms and as per the compliance requirements and Seattle the overdue debit and overcome the outstanding issues with the client in coordination with both BD and Operation sections assist.

•Functionally Reporting to the NAME Region Financial Manager.

•Prepare post-closing Financial Analytical Reports (Flash Report, Aged Report, Monthly result report, Forecast Casual Report, DSO Report and Financial Manager report) in line with the monthly time tables, for Egypt & Yemen.

•Authorize and approve outgoing payment through check or online transfers for Egypt & Yemen. Prepare Cash forecast until the end of the year and maintain it on daily basis.

•Comments as necessary on variance on weekly basis in the region report.

•Prepare monthly Balance Sheet Forecast and variances Vs. Actual report. Prepare monthly Foreign Exchange Analysis report. Prepare monthly KPI Utilization Reports (Head Count & Equipment) Prepare monthly Working Capital Reports and analysis.

ACCOUNTING LEAD POWER WELL SERVICES (OIL & GAS FIELD SERVICES)

From: November 2004 till: September 2005

•To ensure all incoming and outgoing payments are processed in time.

•To set work priorities & respond to changing priorities that impact on daily planned activities To analyze & cross reference invoices, and authorizations and verify payments for approval. To undertake data entry and journal vouchers into the Company accounts system (SAP).

•To prepare reports for analyses monthly. To maintain the employee advances.

•To analyze and reconcile general ledger and subsidiary accounts and do the necessary adjustment entries.

To revise the pricing of the sales invoices to the customer.

To keep good relationship with the customers and follow up the aging of invoices collections.

•To prepare the outgoing payment on time per the Po’s and payment terms in accordance with the company regulations.

CHIEF ACCOUNTANT HOSPITALITY MARKETING CONCEPT (HOTELS TELE-MARKETING) From: August 2004 till: October 2004

•Supervising Book Keeping activities for Taxation and Management Purposes and end of month closing.

•Projecting Budget, Forecast & Cash Flow on weekly basis and compare to the same period last year.

•Matching estimated budgeted (Accrual) with the actual expenses.

•Bank reconciliation on weekly and monthly basis.

•Reconciling the cash flow with the bank statement on a weekly basis.

•Controlling all payments to 3rd parties including Hotel profit shares for both Egypt & Saudi Branches.

•Supervising Fulfillment department.

•Preparing Weekly reports (P&L, Sales report and Cash flow) for both Egypt. & Saudi Branches and reporting them to the management in Dubai.

•Preparing and reviewing the Payroll on monthly basis for Both Egypt & Saudi Branches.

SR. ACCOUNTANT (PROJECT COMM. OFFICER) SIEMENS LTD. EGYPT (I&S IS DEPT.

INDUSTRIAL SOLUTIONS AND SERVICES)

From: May 1999 till: July 2004

•Revise and follow up open items for both Debtor & Creditors for projects under my responsibility.

•Revise Exact entries / vouchers and check correctness of payment request & receipt vouchers for above mentioned projects.

•Preparing necessary adjustment entries.

•Issuance of sales invoices in coordination with project managers and of debit notes to affiliated companies.

Booking order income for all assigned projects and follow up of SCS order survey report in coordination with I&S cost controller. Shall make sure that corresponding check list completed.

•Open Social insurance file for the projects (In coordination with EPAC).

•Regular reports to supervisors and to Alexandria Manager (SCS Order Survey report related to Alex. Activities)

•Registration and follow up of Insurance cases with insurance company; eventual extension of validity period if needed.

•Responsible for the implementation and follow up of export control regulations within I&S.

•Support the Project Managers in follow-up the cash for site.

•Preparing the monthly branch report for Germany

ACCOUNTANT LADBROKE CASINO HOLDINGS (ENTERTAINMENT)

From: January 1999 till: April 1999

•Participate in preparing Journal Entries, Ledgers and Bank Reconciliation.

•Preparing Monthly the final financial statements, including:

•Profit and loss statements

•Trial Balance

•The Balance Sheet

•Maintain Fixed Assets, Depreciation and Capital Commitment Records

•Maintain Computerized Accounting Records for different Transactions and related Allocations.

•Handle Other Required and Administrative jobs for the Finance Department. Co-ordinate work between our company and the external auditing.

AUDITOR YOUSSEF NABUIH & CO. (HORWATH & HORWATH INT’L AUDITING FIRM)

From: July 1997 till: December 1998

•Working as an Auditor, showed a high degree of enthusiasm and accuracy in work per the Certificate issued by the Company Administration. Doing all Auditing jobs per the GAAP Procedures in Multinational Firms & Hotels Stated in Egypt Participate in preparing Financial Reports using organizing a complete computerized files system -Called QA-Plus.

References

Ahmed Hamouda

Job Title: Financial Consultant

Company Name: Femex for Import

Phone Number: +201*********

Email Address: ac5oqg@r.postjobfree.com

Essam Kamal

Job Title: VP Finance and Operation

Company Name: Crown Group Engineering

Phone Number: +201*********

Email Address: ac5oqg@r.postjobfree.com

Mahmoud Abdel Ghaffar

Job Title: Senior Commercial Manager

Company Name: Siemens Ltd. Egypt

Phone Number: +201********* (Ext. 1747)

Email Address: ac5oqg@r.postjobfree.com

Training and Certificates

•The Bullet Proof Manager Training Course (Training)

Training Institute: Crestcom International

Date Attended: January 2009 (96 hours)

•SAP CAPEX (Training)

Training Institute: SAP-Dubai, UAE

Date Attended: February 2008 (20 hours)

•SAP Advanced Finance (Training)

Training Institute: SAP-Dubai, UAE

Date Attended: July 2006 (30 hours)

•SAP Logistics-Advanced Finance (Training) Training Institute: SAP-KL, Malaysia

Date Attended: October 2005 (60 hours)

•Order Processing (Training)

Training Institute: Siemens Egypt

Date Attended: April 2004 (10 hours)

•Financial Statement (Training)

Training Institute: AUC

Date Attended: October 2003 (30 hours)

•POC-Percentage of Completion (Training)

Training Institute: Siemens Egypt

Date Attended: May 2003 (20 hours)

•SBA Siemens Business Accountancy (Training)

Training Institute: Siemens Egypt

Date Attended: March 2003 (10 hours)

•US GAAP Seminar (Training)

Training Institute: KPMG Germany

Date Attended: March 2002 (10 hours)



Contact this candidate