WAEL AL SHAHAT - CMA

Egypt- Cairo Phone: 011******** -010******** Email: adgq51@r.postjobfree.com

Career Goal: CFO / Finance Manager / Financial controller Education

Certified Management Accountant (CMA),CN 466731 8/2015 (IMA-NJ,USA)

Post graduate diploma accounts and audit 6/2011 (Banha university – Egypt)

Bachelor of Science in Accounting, 7/1999 (Zagazig university – Egypt ) Skills

ERP,s implementations and using BaaN, Oracle R12, Alpha, Odoo & SAP Hana

Costing, Controlling, Calculations, reductions in no value adds

Capex, Opex, Operational and strategic Budgets and planning using technique NPV, ROI, IRR etc.

Financial managements and leads from a to z

Implement and generate finance and accounts department from a to z

Financial reports preparations and analysis using vertical and horizontal, Ratios, Bench marks etc. Experience

DOTS ENGINEERING INDUSTRIES ( OIL ANG GAS SERVICE ) PROJECT EGYPT

02/2019 to 02/2020

Finance manager

Direct finance functions for the area. Supervise accountants, financial audits, G/L, A/R, A/P and fixed-asset accounting in accordance with standards. Develop and manage external financial relationships (e.g., banks, insurers, auditors)

Manage finance department .

Prepare the monthly financial statements

Review all payment to make sure that is officially and correctly done and all supported document attached, consistency with the company policy and within the budget

Financial reports analyses and support decision makers

Negotiate with banks for facilities and banking service

Check the financial policies for improvements

Manage and lead Odoo ERP implementation project

ELZAMALEK TOURISM AND INVESTMENT (HOTELS AND INVESTMENTS ) 01/2017 to 02/2019 Deputy CFO

Lead and manage all financial and administrations activities and teams

Support and help the finance and admin manager, in all duties.

Prepare the monthly financial statements

Review all payment to make sure that is officially and correctly done and all supported document attached, consistency with the company policy and within the budget

Financial reports analyses and support decision makers

Manage and follow-up with banks for all our portfolio deposits and treasury bills

Lead the team of accountants and cashier

Prepare the budget and follow up for the variance to take the necessary action

Prepare the budgets for any new alternatives investments using techniques like RO, IRR, NPV, Pay back periods

Evaluate the monthly financial result for our owned hotels Hilton Zamalek and Safeer Cairo MULTI M GROUP FOR METALIC AND WOODEN INDUSTRIES — EGYPT 12/2015 to Now DEPUTY CFO 12/2015 : 10/2017

FINANCIAL CONTROLLER 10/2017 : NOW

Support and help the finance manager, Supervise accountants and oversee projects cost, earning, collection, progress, budget, variance and financial analysis help in the following areas.

Lead finance department GL, AR, AP, CM, Tax Costing Budgets and planning .

Create costing section

- Assign costing manager and costing teams

- Prepare working plan to define the working centers for products, time for each product throw working centers to be produced

- Calculate production costs, BOM and overhead for each product

Create budget section

- Assign budget accountant

- Lead budget preparation and let all payment approve vial budget sections

- Prepare weekly and monthly budgets variance reports and reasons

Prepare the monthly and yearly financial statements for each products families, each sales channels

Financial reports analyses using benchmark and ratios to support decision makers

Check finance cost and manage cash with banks to reduce it to the minimum

Develop Alpha ERP and looking for a better one either SAP or Oracle or MD

Products pricing continuously review to make sure that the required profit margin will be reached specially in prices inflates nowadays for our various products

Review operation and analyses the production productivity to make sure that all our resources used efficiency

Help Board of directors to define KPI,s for each department and monthly review the KPI,s reports

Analyze the trend of financial reports on monthly basis using many techniques like ratios, horizontal and vertical analysis

Participate in SAP HANA financial modules implementation project AL JRI TRADING AND TRANSPORTATION CO — KSA 07/2011 to 03/2015 Chief accountant,

Direct accounting functions for the area. Supervise accountants and store keeper and cashier and collection employees

Handle full spectrum of financial and cost accounting role eg. AR, AP, GL, forecasting, budgeting etc

Perform project cost forecasts/budgets, cost tracking, monitoring and controls.

Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for submission to Management

Review & approve payment vouchers & journal entries

Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis.

Perform financial analysis and reporting to management as needed.

Monitor expenditures, analyze revenues, determine budget variances, and report the same to management.

Oracle EMIS & R12 modules using

Prepare and analyze monthly financial reports

Follow up collection and negotiate with customers

Arrange payment and Follow up with suppliers

Manage fiscal inventory and follow up the stores balances RIYADH CABLES & METALS — Riyadh & Dubai

05-2000 to 05-2009

Chief accountant, 10/2007 to 05/2009 – Dubai

Senior Accountant, 5/2000 to 10/2007 - Riyadh

Direct accounting functions for a growing company. Supervise 18 accountants and oversee

AR section head

- Review all customers’ accounts including invoices, payments

- Review balance confirmations, credit limits for each customer

- Prepare average collection periods on monthly basis for each branch and each customer

- Analyze customer accounts to increase credit limit, discounts etc.

AP section head

- Review and approve any payment request for suppliers on due dates

- Review supplier invoices with the store GRN and PO to be entered in the ERP

- Follow up historical outstanding supplier down payments

- Prepare monthly due payments report for treasury dep.

Cash and banks section head

- Review and approve any payment

- Review banks reconciliation and take necessary action

- Review and check cash in company safes in all branches on daily basis

- Prepare daily cash flow report

- Prepare LG and LC to submitted to bank and follow up for payment or collections on due dates

Inventory section heads

- Review all inventory transaction to make sure that all done with the production order B.o.m,s or based on Purchasing orders

- Review all items balance in the stock to be in the range between maximum and minimum balance

- Calculate the inventory turnover and average inventory days for each items on monthly basis

Baan ERP financial modules user

Prepare yearly and monthly balance sheet, statement of cash follows and income statements

Prepare any financial required reports

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