Project Management Financial Consultant
Resume:
Alaa Eldin Mostafa Elghor
EDUCATION
Master of Business
Administration in Strategic
Management 2014
Nixon University,
California
United States
Bachelor of
Commerce: Accounting
1981
University of Cairo
Faculty of Commerce
Cairo
Egypt
TECHNICAL SKILLS
- Oracle E-Business Suite
- Microsoft Office
- CRM
- Audit Software
Applications
- JD Edwards
- BPCS
- Hyperion
CONTACT
- PHONE
*************@*****.***
LOCATION : 37-B Galal Eldin El-
Desouky street Al-Mazah Heliopolis
PROFILE:
An accomplished, top-performing financial executive with experience in auditing and economic analysis of enterprises within the framework of compliance with GAAP, evaluating services and commercial activities to reach its fair values and providing financial, administrative and organizational consulting services. Achievements were recognized for consistently maximizing profitability and enhancement of financial efficiencies through strategic planning, financial control, and successful project management. Provide support exceptional communication skills foster trusting relations with management team members, clients, and third-parties relationships. An important contributor to C-level strategies through financial analysis and market indicators, preparing financial and economic reports and feasibility studies, experience in the emerging NGO environment, and providing evaluation services for various service and commercial projects. Demonstrated a proven records of experience that successfully maintaining productive relationships with key shareholders and high management to coordinate systems and procedures resulting in improved profitability ratios and working capital turnover. EXPERIENCE
2023 to Present:
Managing Director
BAYT EL KHEBRA HOLDING - KAMAR
2020 to 2023
Group Financial Consultant& Director of Investment & Board Member BAYT EL KHEBRA GROUP
2008-2020
Financial Consultant & Internal Audit Director
GENERAL AUTHORITY OF INVESTMENT & FREE ZONES (GAFI)
2016 - 2017
Advisor To Minister Of Investment & Head Of Technical Office MINISTRY OF INVESTMENT & INTERNATIONAL COOPERATION (MIIC)
2004-2008
Group Financial Controller & Deputy CFO
ORASINVEST MANAGEMENT SERVICES (Subsidiary of ORASCOM HOLDING)
2003-2004
Finance & Administration Manager
LEAD FOUNDATION (NGO)
2001-2003
Financial, Accounting & Valuation Expert
INTERNATIONAL TRADING & CONSULTATIONS (ITC LTD)
2000-2001
Treasury & Credit Manager
ELI LILLY EGYPT S.A.E.
1998-2000
Financial Controller
INTERNATIONAL BUSINESS ASSOCIATE (IBA)
ADDITIONAL EXPERIENCES
CORE COMPETENCIES
Financial Management
Analysis & Reporting
Strategic Planning
Project Management
Enterprise Analysis
Audit Leadership
Valuation & Reviews
Business Development, Restructure
Corporate Governance & Controls
Credit & Treasury Management
Policies & Procedures Compliance
Profitability Management
Treasury, Collections & Receivables
Business Development
Financial Applications (ERP’s)
Costs & Resource Management
Market Research
Analysis Financial Modeling
Risk Assessment
CFO / Group Internal Controller (5 Years)
ARTOC GROUP FOR INVESTMENT & DEVELOPMENT (ARTOC)
Cairo, Egypt
Assistant Audit Manager (5 Years)
PRICE WATERHOUSE (PWC)
Egypt, KSA and Kuwait
Details upon request
CERTIFICATIONS & QUALIFICATIONS
Certified Financial Consultant (CFC) License #18107 Institute of Financial Consultants - Canada
Modern Accounting Certificate
American University in Cairo, Egypt
Certified Pricing Evaluator & Legal Liquidator:
Ministry of Finance, Egypt
Egyptian Chartered Accountant (ECA) License #9190 PROFESSIONAL DEVELOPMENT EXPERIENCES
Leadership & Management Skills: - AB Associates Management Consultants Corporate Finance Course: - RITI Regional IT Institution Project Management Training: - RITI Regional IT Institution Euro-Money Training - EMEA
International Financial Reporting Standards : IFRS Unlimited Communication Skills: - CHEOP
PROFESSIONAL AFFILIATIONS
Institute of Financial Consultants (IFC)
Project Management Institution (PMI)
Institute of Management Accountants (IMA)
Egyptian Society of Taxation (ESOT)
Egypt Syndicate of Commerce (ESC)
BAYT EL KHEBRA GROUP (BEK)
Managing Director 2023 to Present
A senior-level executive responsible for overall operations and performance.
Setting and achieving strategic goals, developing business plans, managing budgets and resources, leading the executive team, overseeing the organization’s operations. Ensure that all policies and procedures are followed and adhered to.
Responsible for providing leadership and guidance to other departments within the company.
Analyze problematic situations and occurrences and provide solutions to ensure company survival and growth
Review financial and non-financial reports to devise solutions or improvements
Group Financial Consultant & Director of Investment
& Board Member 2020 - 2023
Execute advisory transactions, lead major financial projects to make a significant positive impact as part of a cross-functional team.
Business development with the objective to build a strong pipeline of potential investment opportunities.
Preparing feasibility studies for number of investment opportunities in vital areas, such as tourism, hotels and cruise ships. Analyzing the feasibility of investing in health, medicine and digital financial services, and submitting reports to make the appropriate decision.
Preparing business plans for number of international representative offices for the group's companies to evaluate discussing potential cooperation and its related investment opportunities with international parties to add new activities to the group.
Preparing reports for evaluating companies with the aim of determining the fair value of shares invested in these companies that the group owns shareholding shares in order to find out the feasibility of investing and measuring expected returns for the shareholders
Present investment proposals to the group Investment Committee.
Actively work with client’s projects to access value the stage of pre-post and post investment in close cooperation with all parties concerned to ensure achievement of required value added.
Take board seat in the investment committee to conclude decisions to be reported to the high management of the group.
GENERAL AUTHORITY OF INVESTMENT & FREE ZONES (GAFI)
2008-2020 Cairo, Egypt Financial Consultant & Internal Audit Director Lead financial and internal audit sector through coordinated cross-functional team of 13 financial section heads and 15 internal auditors to manage, update and control financial policy and procedure manual to correspond to organizational changes through implementing Oracle ERP system. Lead 3 concurrent investment areas projects valued at $30 million via coordinating team of 16 members. Review GAFI periodic and annual financial performance to present to Chairman and Minister in charge. Evaluate operational, financial data and annual budget for presenting to Egyptian Parliament. Ensure compliance with regulatory requirements. Oversee daily line management of finance team.
Directed large-scale financial reporting and feasibility studies for high- profile collaboration between GAFI and European Union (EU) worth of
€4.8 million.
Enhanced productivity and efficiency 7% by introducing Oracle e- Business Suite V12i for financial and administrative activities.
Improved efficiency of reporting system from 60% to 85%, achieving industry-leading results.
Reduced operational costs 25% and improved gross margin through implementation of key process efficiency best practices.
Improved work performance 70% by implementing comprehensive internal training programs
MINISTRY OF INVESTMENT & INTERNATIONAL COOPERATION (MIIC)
Aug 2016 - Feb 2017
Seconded by GAFI to the Ministry
Advisor to Minister of Investment & Head of Technical Office
• Turn management for all financial and administration affairs to enhance productivity in effectively and efficiently manner.
Update new policies and procedures for all business units and enhance projects management.
• Management approach into all sectors of ministry business.
• Supervising all tasks of Secretary General and Head Director of Minister's Office turn management for all financial and administration affairs to enhance productivity in effectively and efficiently manner.
• Update new policies and procedures for all business units. Skills include
Restructuring - Business Planning - Consultancy - Financial Reporting - Management Consulting - Financial Modeling - Strategic Planning ORASINVEST MANAGEMENT SERVICES
2004-2008 Cairo, Egypt Group Financial Controller & Deputy CFO Directed and managed all aspects of accounting, treasury, credit management activities for the holding company and its subsidiaries throughout Algeria, Pakistan, Bangladesh, Tunisia, and UAE. Managed and supervised preparation of periodical financial statements, annual budgets and periodic data for board of directors presentation and spearheaded financial integration of corporate acquisitions that directed by Orascom. Communications with banks for the group credit facilities. Introduced process improvements targeted to improve revenue, reduce costs, deliver financial plans and integrate various operations into group structure.
Saved over $5 million in overhead costs by leading merger of three subsidiaries and liquidating two unprofitable business units.
Enhanced efficiency 80% by producing comprehensive group policy and procedure manual.
Improved bottom-line revenue 75% and reduced costs by $25 million group-wide by implementing refined financial plan delivery processes. LEAD FOUNDATION (NGO)
2003-2004 Cairo, Egypt Finance & Administration Manager Oversaw all aspects of start-up NGO environment including finance and administration for NGO MFI providing microfinance loans to people in poverty within Cairo through lending projects funded by joined agreement between MANTRAC Group and USAID. Developed cash flow statements and processed grant credit for beneficiaries.
Facilitated SME lending of $7 million to promote poverty sector.
Accomplished manual procedures for lending SME projects, accompanying with related monitoring and controlling aspects to increase efficiency of financial lending activities.
Assisted in achieving 5-Diamond score for transparency and top 10 ranks out of 100 in 2009 Mix Global 100 composite list of top MFIs worldwide.
Accomplished over 95% collection rate across full product portfolio. INTERNATIONAL TRADING & CONSULTATIONS (ITC LTD)
2001-2003 Cairo, Egypt Financial, Accounting & Valuation Expert Assigned to lead all aspects of new corporate restructuring, valuation, and analysis and business plans; applied business valuation approaches. Consulted with core team assigned by European Union (EU) to monitor and supervise project and provide technical assistance. Conducted financial analysis, business projections, modeling and due diligence studies.
Lead large-scale conversion of government financial reporting processes and practices to comply with international standards.
Played critical role in restructuring and privatization of key promotion project valued at €40 million as well as profitable sale of affiliate companies of Engineering Industries Holding Co.
Joined with international team of experts, prepared operational and financial recommendations for their existed procedures to enhance productivity.
ELI LILLY EGYPT S.A.E.
2000-2001 Cairo, Egypt Treasury & Credit Manager Controlled monthly cash flows; monitored customer credit limits and formulated required credit policies. Managed accounts receivable collections; monitored raw materials stock and sales levels to distributors based on credit status reports; submitting reported on monthly basis to the corporate office in Geneva.
Resolved 70% of past due dispute receivables with local distributors, improving cash flow by $15 million.
Raised collection rate of past-due accounts for 3 years to 85%.
Saved $5 million by authorizing distributor to destroy slow-moving stock.
Improved inventory turnover by enforcing key inventory management best practices; improved outstanding sales 5%.
Minimized cost of funds by tracking credit limit movements and negotiating with customers.
INTERNATIONAL BUSINESS ASSOCIATE (IBA)
1998-2000 Cairo, Egypt Group Financial Controller Directed all financial business operations of Federal Express activities, Cairo Today, Business Today, and PC World magazines. Lead effectively all process of transferring funds worldwide, as a sole agent of Western Union International agency.
Managed all business unit' cash flows and annual budget preparation for all activities of the company.
Developed robust database of financial analysis for all IBA activities.
Improved efficiency 75% by streamlining company profit scheme toward 2 major business units rather than 3 Collected over 90% of total FedEx receivables.
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