Finance Manager Accounting

Curriculum Vitae

Ayman Sawy Mohamed Abd ellatef

Address: Hadabet Al-Ahram 440 Z - Giza - Egypt

Tel.: 02 3390 25 37

Mobile:+2-010*-****-***

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

Career Objective

Finance Manager / C.F.O / Finance Director

Pro-active and results oriented with over 24 years of broad experience in all aspect of accounting and financial management.

Proven ability to improve operations, impact business growth and maximize profits through achievement finance management, cost reduction, internal controls and productivity/efficiency improvements.

Well-disciplined with proven ability to manage multiple assignments efficiently under extreme pressure while meeting tight deadlines schedules.

Looking for a challenging opportunity with a reputable Company/Group where my skills and experience will have a valuable impact.

Key Financial Management Strengths

. Standard operating procedures (creation. implementation & auditing)

. Risk Management

. Financial Reporting

.Fixed Assets Management

.Inventory Control Management

.P. & L. Management

. Cash Flow Management

. Budget & forecast

. Financial Control

.Profit Maximization

.Cost Avoidance and cost Reduction

.Auditing

Years of Experience More than 24 Years

Work Experience

Current Job

Job title Finance Director

Employer Exception Market

Period from April 2018 till present

Responsibilities

Develop and maintain all necessary financial systems, policies and procedures to ensure effective and efficient financial management within the company.

Direct and control finance staff to ensure they are appropriately motivated and developed and setting their KPIs so that they carry out their responsibilities to the required standards.

Provide financial advice and guidance to the company’s board members, managers and staff.

Develop and implement an internal audit program to ensure that the company complies with financial procedures and regulations and to monitor the financial effectiveness of systems and controls.

Monitor external contracts and services provided by suppliers to ensure they are operating effectively and provide the best value to the company.

Produce accurate and timely financial information reports about the company’s financial status and performance to enable decisions to be taken relating to the company’s financial strength and security.

Produce all necessary statements and reports to enable the accurate measurement of cash flow, profit and loss, stock and debtors etc.

Act as the main point of contact with external auditors and provide them with all required information.

Recommend any changes necessary to improve the company’s financial performance and financial controls.

Keep up to date with any developments in financial management which might affect how the company’s finances are managed or its statutory obligations.

Contract outside services for tax preparation, auditing, banking, investments, and other financial needs as necessary

Track the company's financial status and performance to identify areas for potential improvement.

Present financial reports to board members, stakeholders, executives, and clients in formal meetings.

Previous Employment

Job title Business Audit Manager - Head Office

Employer Tawfeer For Food (KAZYON)

Period from Feb.2016 till April 2018

Responsibilities

Prepare standard operation Procedures SOP’s (Finance Wise) for The Company including Assets Management, purchasing orders for commercial & fixed assets, Accounts payable, inventory Management, Risk Management & Authority Matrix.

preparing Fixed Assets management (purchasing, receiving & installation, creation on SAP & inventory)

Launching SOP’s with departments Heads.

Prepare Control Self-Assessment (C.S.A) for each department as part of Risk Management.

Auditing for (C.S.A) on operation departments (H.O, stores & Warehouses) & on services departments (Finance, H.R, Admin, constructions, Assets)

Present to Management C.S.A results focus on weakness points and suggest the solutions and develop matching with business grow.

Projects member of ( stores Blind receiving, Warehouse & stores working 24hours 7 days, operation check list, stores log book)

Previous Employment

Job title Finance & Admin. Manager - Head Office

Employer Tawfeer for Food (KAZYON)

Period from Feb.2015 till Jan 2016 (One Year)

Responsibilities

Prepare Project costing and Profitability Reports and monthly and annually cash flow forecasts.

Prepare & follow up all company policy & procedure of all aspect of operation (commercial goods / purchasing / sales / fixed assets project.

Manage all Administration activities as ordering & controlling (stationary & printing,lease contracts & stores consumables)

Control payroll process & payment, billing, receivables, cash receipts, taxations and Follow up on payments.

Coordinate with external auditors for annual audit and interim review assignments.

Contribute in the preparation of annual budget and periodic estimation with department’s heads and discuss with GM and then report to CFO.

Coordinate legal contracts preparation for landlord with the legal department.

Prepare Profit and Loss Statement, cash flow statements, and balance sheet.

Handle employee related activities: Insurance, pay slips, vacation approval, expatriates legal documents.

Maintain organized set of detailed records and files to document financial transactions.

Coordinate with the accounts team in Headquarters, monthly, quarterly, and annual closing activities.

SAP implantation (chart of accounts / opening balances migration / test period).

Kick off SAP Financial reports.

Previous Employment

Job title Financial Controller

Employer Carrefour (Majid Al Futtaim Group)

Period From Oct. 2010 Till Jan. 2015 (Four Years)

Responsibilities

Ensure the results (financial reports, cash forecasts and accounting processes) are accurately and timely completed.

Control the respect of budgets and forecasts and analyze variances.

Perform monthly / yearly closings and ensure the preparation of statutory accounts

Ensure implementation of auditors’ recommendations.

Perform financial control tasks in the area of responsibility as and when required

Ensures budget compliance and proposes corrective measures when necessary

Monitoring the operational expenses and providing cost saving proposals to ensure the reduction of the overall operational costs

Prepare store performance analysis by Departments/Sections with store Management.

Control suppliers’ payment terms and consequences (supplier balances, bad debts...).

Ensure strict implementation of stock taking procedures.

Support Management team with the budget/ forecast preparation.

Responsible for the preparation of business presentations and reports for various stakeholders periodic

Communication with store for financial control and business analysis to identify the required needs and to provide them with the necessary financial data

Guarantee that the fixed asset register is properly maintained.

Ensure proper and adequate insurance coverage.

Ensure that financial aspects of the contracts are adhered to and that contracts are renewed in a timely manner.

Provide assets summary of information to the management regularly

Responsible for financial control, business analysis and modeling in areas of:

(Monthly actual financial closing, Monthly forecast, Annual budget, Store turnover,

Cash Flow Management)

Managing processes of:

o Stock taking operations, analyzing shrinkage

result and monitoring the sleeping stock

o Application of control measures (Staff Cost, General expenses and CAPEX) to maximize the efficiency

o Receiving controls to ensure proper merchandise flow.

Previous Employment

Job title Chief Accountant

Employer Carrefour Majid Al Futtaim Group

Period From Feb. 2008 Till Oct. 2010 (Two years six Months)

Responsibilities

Review & post all A/P entries (Purchase - sales - stock variation - shrinkage - waste Provision of bad Debts - other revenue).

Review & post G/L entries (Expenses - assets - other revenue).

Prepare financial reports (Gross Margin - Shrinkage - sleeping Stock - working Capital

Cash flow -Staff cost - Expenses benchmark).

Review A/P & G/L Payments.

Review Monthly Bank reconciliation.

Manage Fixed Assets inventory under supervision of Finance Manager.

Manage stock take (Monthly / quarter / yearly) under supervision of Finance Manager.

Previous Employment

Job title Accounting Manager

Employer Dream Land Golf Resort (BAHGAT GROUP)

Period From Oct. 2000 Till Jan. 2008 (Eight Years)

Responsibilities

Review & post G/L entries (expenses - assets - revenue)

Booking A/R Entries.

Prepare Bank reconciliations

Prepare Payroll & Staff cost Reports.

Prepare financial reports. (P&L - Cost Centers productivity - Balance Sheet

Prepare financial analysis budget vs Actual (Expenses - Revenue)

Manage with Marketing Departments growing Memberships revenue..

Manage with Eternal Audit Yearly audit file.

Previous Employment

Job title Chief Accountant

Employer Dream Land Real estate (BAHGAT GROUP)

Period from Aug. 1996 Till Sep. 2000 (Three Years)

Responsibilities

Maintain a documented system of accounting policies and procedures

Manages outsourced functions.

Oversees the operations of the treasury department.

Forecasts cash flow positions, related borrowing needs, and available funds for investment.

Ensures that sufficient funds are available to meet ongoing operational and capital investment requirements.

Uses hedging to mitigate financial risks related to the interest rates on the company's borrowings, as well as on its foreign exchange positions.

Assists in determining the company's proper capital structure

Arranges for equity and debt financing

Invests funds

Manages the preparation of the company's budget

Reports to management on variances from the established budget, and the reasons for those variances

Assists management in the formulation of its overall strategic direction.

Previous Employment

Job title Accountant

Employer Mostafa Hassan Establishment for Imp. & Exp

Period From Aug. 1994 Till Jul. 1996 (Two Years)

Responsibilities

Prepare G/L entries (expenses –Bank - assets - revenue)

Prepare Payroll & Staff cost Reports.

Assist Accounting Manager in prepare trial Balance

Prepare cost centers reports.

Manage with Eternal Audit Yearly audit file.

Personal Information

Nationality : Egyptian

Birth Date : 27/05/1973

Gender : Male

Marital status: Married

Military Status: Exempted

Education

University Cairo University

Faculty Commerce

Major Accounting

Graduation Year 1994

Languages

Arabic Excellent writing, reading & Speaking

English Excellent writing, reading & Speaking

Computer Skills

Excellent using Excel - word - outlook -power point / JDE Edward / ORECAL / SAP / LOGALI / PERSIS / Retail Power

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