CFO

ESLAM SOBHY YEHIA

(MBA-CMA-CSCA)

** ***** ****** **, #**

NASER CITY, CAIRO

EGYPT

Phone : 002-012-23434027

***-**-********

Email : *******@*****.***

Career Goal

Chief Executive Officer - Managing Director - Chief Financial Officer

Summary Profile

High level of knowledge proven through: comprehensive studies in finance, and more than 20 years of accumulated and deeply experiences in finance, accounting, governance, auditing, and management. Leading and motivating employees. Leadership in use “out of the box” approach. Drive bottom line performance, efficiency, and increase stakeholders’ added value.

Core Qualifications

Executive Stewardship

Financial Leadership

Strategic Management

Leading corporate vision.

Building finance function strategy.

Participate in strategic management.

Achieving strategic goals.

Internal controls improvement.

In-depth environment scanning.

Increase company core differentiation

Establishing finance roles & procedures

Value chain & SWAT analysis.

Increase the value of the company

Establishing accounting procedures

Participate in setting goals

Aligning stakeholders’ interest.

Create comprehensive reporting system.

Participate in setting strategy.

Changing management champion

Working capital improvement.

Developing CSFs. & KPIs.

Leading Corporate Governance

Cash management improvement.

Managing key business relationship

Lead the investment in manpower.

Budgeting & Feasibility Studies.

Monitoring & evaluation results

Activate Enterprise Risk Management

Measuring KPIs.

Implementing Strategies.

Corporate finance.

Monitoring & evaluation results

Core Values & Skills

Core Values

Computer Skills

Language Skills

Professionally & Competence.

Confidentiality & Integrity.

Credibility & Problem solving.

Knowledge using ERP systems:

Oracle

I-SCALA

Very Good in English language oral and written.

Objectivity & Responsibility

Honesty & Fairness

Knowledge and using of;

MS. Excel

MS PowerPoint

MS Word and MS Outlook.

Fluent in Arabic language oral and written.

Analytical & decision taking skills.

Continues education.

Education & Certificates

Certified in Strategy & Competitive Analysis. (CSCA):

Progression: Passed.

Institute: American Institute of Management Accountants.

Year: 2017

Certified Management Accountant, (CMA) certificate.

Progression: Passed.

Institute: American Institute of Management Accountants.

Year: 2012.

Education & Certificates (continuous)

Master of Business Administration (MBA) Major Financial Management

Grade: Very Good

Institute: Arab Academy for Banking and Financial.

From 2007 till 2009

BS.C OF Commerce Major Accounting.

Grade: Good.

Institute: Cairo University.

From 1993 till 1997

Other Courses

Leadership in 21st century organizations.

Institute: Copenhagen Business School.

Year 2017 (30 hours total)

Managers Development Program.

Institute: Greater Cairo Foundries.

Year 2013

CPA Preparation Course.

Institute: Cairo University.

From 1998 till 2000

Professional Highlights

More than 20 years of accumulated experiences, consist of; 10 year in executive level, 4 years in medium management level. Following the highlights:

Chief Financial Officer: “Greater Cairo – GCF”- Manufacturing & trading Company (Current job).

Financial Manager: “AMIANTIT FIBERGLASS” - Manufacturing Company (5 years).

Financial Reporting Manager: “AMIANTIT FIBERGLASS” - Manufacturing Company (3 years).

Accounting Manager: “AMIANTIT FIBERGLASS” - Manufacturing Company (1 year).

Costing & Stock Control Section Head: “HOBAS EGYPT” - Manufacturing Company (2 years).

Auditor & Consultant: “ATEF YEHYA OFFICE CERTIFIED ACCOUNTANT” (4 years).

Roles & Achievements

Chief Financial Officer: (March 2013 up to present)

Company: “Greater Cairo Foundries – GCF” (CAIRO, EGYPT)

GCF is a manufacturing and trading company producing ductile iron products, and one of four companies in the Middle East producing ductile iron pipes.

Roles & Achievements:

Directing three departments; Finance, Legal, and Information System.

As a partner collaborate with corporate level executives to drive strategic management & setting company; vision, long term goals & strategies.

oEx. Of strategic goals: increase sales and profitability 4 times within 6 years began from year 2014.

oLeading the team who scan environment, preparing value chain & SWAT analysis & forecasting.

oPreparing financial plan to achieve the strategic goals.

Evaluate strategic growth and investment options aligning with long term & short term goals.

oInvestment plan, which consist of increase investments in current activity by 100 million. Add new investments in real state by 300 million.

Provide analytical support and preparing feasibility studies for all growth projects.

Establishing finance department strategy & objectives which aligned with corporate strategy.

oFor example of objectives; Increase shareholder value per share by 50%.

This is not only by increase the profitability but also increases and diversifies investments.

Leading change management concept, for example:

oAdvising the executive management to change the operation methodology from mass production to job order production. This action increase liquidity 25%.

oDecreasing inventory levels, which reduce the cost 10% by the following:

Using just in time method for raw material inventory

Melting semi-finished product that not assigned to sales orders.

oReformatting export sales price model, which caused to increase our export, and support to facing shortage of foreign currencies in Egyptian market.

Drive and ensure corporate budgeting and forecasting processes are carried out under supervision of finance team.

Improve cash management, & providing new sources of fund to finance new investments without exhausting the working capital.

oNew Usage of finance leasing & long term loan with total 100 million.

Build strong & trusted relationships with financial institutions.

Diversify source of fund to safe cash liquidity for operation. According to that:

oIncrease Paid capital by 30%.

oLong term facilities have been increased by 60%.

oShort term facilities have been increased by 100%.

oUsing financial lease, and operational lease.

Restructuring short term facilities, and negotiate with financial associations to decrease cost of finance.

oBased on that cost of finance decreased by 4% annually.

Negotiation with local & foreign suppliers to increase supplier’s facilities with appropriate cost.

oIncrease days of A/P outstanding to be reasonable with industry measures.

oSave liquidity to gain any cash discount offered from suppliers.

Ensure accurate and timely financial and nonfinancial reports and which enable clear insight into operation and achieving short term and long term objectives.

oEstablishing a comprehensive reporting system to measure regularly the performance of activities & departments within the company.

Roles & Achievements (continuous)

Lead organization governance & risk management. e.g.:

oOngoing monitoring internal control and taking corrective actions if needed.

Correct cycle of; sales, procurement, inventory, cash receipts, and cash disbursement

oLead the process of planning & implementing new ERP system “Oracle”.

Establishing process flow of the system, chart of account, and security matrix. (The system implemented at year 2016)

Leading the team which responsible for insurance (life insurance, medical insurance, and property insurance)

oSucceed to make cost reduction with improving insurance conditions. The cost reduced by15% for health insurance, 10% for medical insurance, and 50% for property insurance.

Leadership to establish continuous learning program in overall the company, through establishing special fund for courses and training.

Increase the performance of financial department team.

oUsing internal & external training & workshops.

oRestructure finance department.

oDecreasing the cost of department by 25%.

Financial Manager: (March 2008 up to March 2013)

Company: “AMIANTIT FIBERGLASS” (CAIRO, EGYPT).

Worldwide & Multinational Company, manufacturer fiberglass pipes.

Roles & Achievements:

Leading and supervise all finance department functions; treasury, budgeting, feasibility studies, costing, stock control, accounts payable, accounts receivable, general account, and financial reporting.

Partner of business development team, which responsible for searching and analysis new investments in the field of producing pipes.

Leading the budget preparation team from all departments.

oLeadership to establish budgeting system and process flow. With budgeted turnover more than 500 million annually.

oForecast & analyze business operations, trends, costs, revenues, financial commitments, and obligations.

oNegotiate to stay budget figure within main highlights.

Preparation of the capital budget and feasibility studies.

oPreparing two feasibility studies for new production line in Egypt with total 30 million.

oForecasting, analyzing, and preparation feasibility studies for six opportunities in the following countries; Libya, Sudan, Algeria, Qatar, Kazakhstan. Lebanon.

Directing the financial activities within establishing stage for Libya & Qatar factories with total investment over 1 Billion pound.

oDealing with financial institutions to finance the projects.

oFollow up the legal and financial procedures for the establishment of the companies.

oMonitoring actual performance compared with planned.

Planning and directing tax management shield.

oAnnual tax shield over 3 million pound.

Cooperate with the cost reduction team to reduce annual cost.

oSucceed to reduce 16 million pound in 4 years.

Directing corporate liquidity.

oMaintain targeted financial leverage 60%: 40%.

oManaging short & long term facilities (over 100 million) and paying due installments.

oEnsuring implementing credit sales & collection policies.

Leadership to upgrade & improve ERP system “I-SCALA”.

Roles & Achievements (continuous)

Financial Reporting Manager: (Mar 2005 up to Mar 2008)

Company: AMIANTIT FIBERGLASS (CAIRO, EGYPT).

Roles & Achievements:

Participate in the team concerned with preparing feasibility studies for new companies.

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

Prepare, and analyze monthly and annual financial statements and consolidated financial statements.

oPresenting the variances and explanation between budget & prior period.

oAnalyze monthly budgeting and accounting reports to maintain expenditure controls

Ensuring profitability of each product line.

Monitoring of financial KPIs.

Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice.

Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.

Deal with external auditors.

Accounting Manager: (Jan 2004 up to Mar 2005)

Company: AMIANTIT FIBERGLASS (CAIRO, EGYPT).

Roles & Achievements:

Responsible for the following areas:

oAccounts receivable & payable.

oGeneral accounts.

oCosting & stock control

Prepare, examine, and analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.

Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting or other tax requirements.

Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.

Costing & Stock Control Section Head: (Dec 2002 up to Jan 2004)

Company: HOBAS EGYPT (CAIRO, EGYPT).

Worldwide & Multinational Company, manufacturer fiberglass pipes.

Roles & Achievements:

Using process costing & operational costing.

Reporting the cost of monthly sales orders.

Participating in pricing the new sales orders.

Recording costing of goods sold transactions

Evaluating finished goods inventory.

Recording the cost of Imported and local raw material.

Recording the cost of Imported and local spare parts.

Recording liabilities of foreign suppliers, custom authority and sales tax authority for imported purchases.

Maintain the inventory balances and participating in physical count.

Roles & Achievements (continuous)

Assistant Financial Consultant: (April 2000 up to Dec 2002)

Company: ATEF YEHYA OFFICE CERTIFIED ACCOUNTANT (CAIRO, EGYPT)

One of leading national audit firm in Egypt.

Roles & Achievements:

Governance, assessing & improvement of internal control and process flow for the following companies:

o“The International Company – PHILICO” for Production air-conditions.

o“DAKAHLIA Polarity Company”. fully integrated investment group in the food industry

o“First” for livestock resources.

o“Egyptian Company – PARFICO” for Perfume and Cosmetics.

Development and restructuring of accounting costing systems.

oEx: “Egypt Niuon” for producing advertising tableaus.

Providing companies by merging solutions.

oEx: “Delta Medical, Co.” for medical equipment trading.

Due diligence attestations.

o“The International Company – PHILICO” for Production air-conditions.

Preparation of feasibility studies.

Auditor, Senior Auditor: (Aug. 1997 up to Mar 2000)

Company: ATEF YEHYA OFFICE CERTIFIED ACCOUNTANT (CAIRO, EGYPT)

Roles & Achievements:

Participate in preparing audit program.

Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.

Prepare the audit reports (auditor report & reportable condition report).

Prepare detailed reports on audit findings.

Review data about material assets, net worth, liabilities, capital stock, surplus, income, and expenditures.

Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.

Supervise auditing of establishments, and determine scope of investigation required.

Companies audited:

oFive industrial companies (two multinational companies.

oTwo Trading Companies.

oOne information system company.

oTwo 5 stars hotels.

Personal Information

Nationality: Egyptian

Marital status: Married & have 2 children

Age: 42

Date of Birth: 1st Nov. 1975.

Place of Birth: GIZA – EGYPT

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