Mohamed Abd Elhamied Ali
Leader, Planner & achiever with multi cultural
experience in Strategic Finance & Accounts, Financial Planning & Analysis, Commercial Operations, & Costing with consistent record of delivering results in statutory compliance, cost savings, operational performance & profitability in a Hotel & Hospitality Industry
adt49v@r.postjobfree.com
Profile Summary
Strategist, visionary and implementer with over 21 years of experience in providing leadership across entire Financial function with consistent record of delivering results in growth, revenue, cost, operational performance & profitability
Provided insight to financial decision making process through analysis, financial projections, planning, budgeting and forecasting and reporting; brought in scalable financial control in operations
Proven capabilities in developing and implementing financial & operational controls that improve P&L scenario; instituting the financial and accounting policies & systems; establishing product line profit & loss statements to identify opportunities & risks
Conducted multiple business planning and financial exercises, as required; worked as a key member in financial strategies development
Formulated & prepared Scope of Internal Audit, Audit Plans, Audit Program and Audit Reports with recommendation & suggestion for improvement in internal control system
Successful in driving effective supplier negotiations using value engineering, decision making for product costing & value analysis, product mix decision making, developing risk management policies & procedures, liaising & coordinating with the government authorities
Studied process of companies, steered process transitions, reengineered existing process, reduced tasks involved & made processes lean, resulting in significant savings in overall cost
Proficiency in devising & implementing policies, procedures and guidelines concerning the department’s financial planning, controlling, efficiency and variance monitoring activities; developed a range of financial and management reports emphasizing on variance analysis and improvement strategies
Career Timeline
Core Competencies
Work Experience
Since Mar20 Present Vouge Hospitality
Growth Path:
Mar20 Present Chief Accountant
Jan’18 Feb 20 Chief Accountant
Aug’16 –Jan’18 Chief Accountant
Jul’11 Jul’16 Assistant Chief Accountant, Fixed Assets Controller Key Result Areas:
Providing financial & business leadership, strategic consultation, and guidance; implementing cost control measures for improvement in top line and bottom line
Formulating & implementing policies, procedures and internal control systems for effective financial operations; preparing annual business plan, capital budget and cash flow budget Strategic Financial Planning & Control Cost Optimization Budgeting, Forecasting & Costing Audit/ Internal Control/Compliance Treasury Operations & Forex
Jul’11-Jul 16 Aug'16-Jan'18 Jan’18 - Feb 20 Mar 20-Present Retaj Hotels & Hospitality - Qatar
as Assistant Chief
Accountant,Fixed Asstes Control
Retaj Marketing &
Projects Managements
Chief Accountant
Retaj Hotels & Hospitality - as
Chief Accountant
Vogue Hospitality as
Chief Accountant
Group Reporting
Administering preparation of financial reports that summarize & forecast the organisation's financial position on maximising profits, EBITDA and lead to better managed cash flow & working capital
Developing, analysing & implementing budgets; monitoring budgets for deviations, conducting variance analysis and making recommendations for new or revised budget norms or procedures
Reviewing monthly Financial Performance for all the three entities and timely submission of the report to the Group
Providing clarification / explanation on Financial Performance & attending Group's queries on monthly Financial Performance
Facilitating development of model to deploy strategic plan and annual budgets; effectively managed CAPEX
Identifying training needs and developing training plans for all accounting staff on day to day basis
Using standard accounting practices to record and track all transactions related to the company's hard assets, including any tagging or labeling of the items and maintaining the database of inventory of these assets
Assisting Director financial management to improve the financial awareness and provide them with relevant financial information for their operations
Estimating costs of food and beverage items; recording information and producing control reports periodically to help maintain a suitable inventory of food and beverage items for the restaurant
Conducting Physical verification of stock and ensure that they are complying with the Stock records
Updating:
o and maintaining receipts into the systems (FMC)
o the material control system (FMC) with goods received notes (GRNs), stock transfers and updating sales from POS Micros system at the restaurants
Maintaining a daily record of inventory purchased for every chart of account and ensuring accuracy with account payable balance Managed Finances of Retaj Hotels & Hospitality – Doha – Qatar: Retaj AL Rayyan Hotel Opening 2007 360 Rooms Doha, Qatar Retaj Residence AL Sadd Opening 2007 80 Hotel Apartments Doha, Qatar Retaj Residence AL Corniche Opening 2008 80 Hotel Apartments Doha, Qatar Retaj INN Opening 2010 80 Hotel Apartments Doha, Qatar Retaj Royale Hotel Opening 2011 108 Rooms Doha, Qatar Retaj Moroni Opening 2011 60 Rooms Comoros Island
Retaj Royal Istanbul Opening 2013 187 Rooms Istanbul, Turkey Retaj Salwa Resort Opening 2018 168 Rooms Doha Qatar Previous Experience
Jun'08 – Jun'11 Tropicana Azure Club, Sharm Elshikh,Egypt as Cost Controller Apr'07 – May'08 Rehana Resort, Sharm Elshikh, Egypt as Cost Controller Mar'05 – Mar'07 Aloha Club Resort & Golden Sharm, Sharm Elshikh,Egypt as Cost Controller Apr'03 Mar'05 Vera Club Elphistone, Marsa Alam, Egypt as Food & Bev. Cost Controller Feb'01 Apr'03 Noria Resort, Sharm Elshikh,Egypt as Asst. Food & Bev. Cost Controller Aug'98 –Jan'01 Helnan International Hotels, Dahab,Egypt as Clerk Cost Control Education
1998: Bachelor of Commerce from ZigZag University – Egypt IT Skills
Operating System: Windows (98/ 2000/XP/ Win2000 Server/2003/2007/2010/Vista Microsoft Office: Excel, Word, & Outlook
Software: Opera System, Fidelio System Material Control, Sun System, Comsys System, Lan Mark System, Hotel Business System
((HBS)), & Hotel Management System ((HMS)), Mycone Restaurants & Retail Expert in using Pivot Table for financial analyses Personal Details
Date of Birth: 5th July 1975
Languages Known: Arabic and English
Nationality: Egyptian
Marital Status : Married
No. of Dependents: ( Wife + 3 Kids )
Passport No.: A 20948689
Passport Validity: 31 07 2024
VISA Type: Transferable Resident Visa
Driving License: Egyptian & Qatari Liceence Both Vaild Address: Al Harith Street, Ben Mahmoud, Doha, Qatar, Elmonira Street, Toukh, Kalubia, Egypt