Hany Sabry, Finance Manager

Hany Sabry

Finance Manager

GMC for Engineering & Feeding Industries (S.A.E)

Location
Saudi Arabia - Jeddah
Education
Bachelor's degree, Accounting And Administration
Experience
22 years, 0 Months

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Work Experience

Total years of experience :22 years, 0 Months

Finance Manager at GMC for Engineering & Feeding Industries (S.A.E)
  • Egypt - Cairo
  • May 2020 to February 2023

•Lead teams in accounting, collections, treasury, and taxes.
•Review and approve financial transactions, internal control procedures, and financial reporting activities.
•Manage fiscal reporting activities, including financial position, income statement, and cash flow reports.
•Manage the entire spectrum of monthly management accounts (GL, AP, AR, loans, etc.) and financial reports, conducting thorough analytical reviews.
•Oversee the production of monthly reports for the Board.
•Assist in achieving or exceeding profit and loss (P/L) targets within the company.
•Identify financial and operational risks and develop strategies to mitigate them.
•Contribute to the preparation of cost statements and supervise them to manage costs and eliminate any redundant items.
•Negotiating with creditors and restructuring the company's debts to improve operating cycle ratios.
•Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
•Perform a variety of advanced financial analyses to determine the present and forecasted financial health of the company.
•Provide analytical support to the senior management and line managers.
•Contribute to the preparation of annual budgets and operational plans.
•Anticipate and follow up cash flow, managing income, expenses, budgeting, and costing.
•Anticipate and proactively address the impact on business targets, suggesting solutions and making adjustments to forecasts.
•Collaborate with Executive Directors to align financial strategies with the company's objectives.
•Proactively identify financial and operational risks and develop strategies to mitigate them.
•Develop financing solutions to support business growth plans, including fostering relationships in the banking and investment sectors.
•Ensure compliance with national and local regulations by surveying existing & proposed legislation.
•Coordinate the annual audit process, finalize agreements, and approve financial statements and tax reconciliations.

Financial Manager at Top Maker for Engineering Industries
  • Egypt - Cairo
  • March 2019 to April 2020

•Lead teams in accounting, collections, treasury, and taxes.
•Review and approve financial transactions, internal control procedures, and financial reporting activities.
•Manage fiscal reporting activities, including financial position, income statement and cash flow reports.
•Manage the entire spectrum of monthly management accounts (GL, AP, AR, loans, etc.) and financial reports, conducting thorough analytical reviews.
•Oversee the production of monthly reports for the Board.
•Identify financial and operational risks and develop strategies to mitigate them.
•Negotiating with creditors and restructuring the company's debts to improve operating cycle ratios.
•Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
•Perform a variety of advanced financial analysis to determine the present and forecasted financial health of the company.
•Provide analytical support to the senior management and line managers.
•Develop financing solutions to support business growth plans, including fostering relationships in the banking and investment sectors.

Financial Manager at Little Bird for Garments
  • Egypt - Banha
  • July 2017 to January 2019

•Lead teams in accounting, collections, treasury, and taxes.
•Provide appropriate training and development opportunities to finance and accounting staff to enhance their financial management understanding.
•Review and approve financial transactions, internal control procedures, and financial reporting activities.
•Manage fiscal reporting activities, including financial position, income statement and cash flows reports.
•Manage the entire spectrum of monthly management accounts (GL, AP, AR, loans, etc.) and financial reports, conducting thorough analytical reviews.
•Oversee the production of monthly reports for the Board.
•Assist in achieving or exceeding profit and loss (P/L) targets within the company.
•Identify financial and operational risks and develop strategies to mitigate them.
•Contribute to the preparation of cost statements and supervise them to manage costs and eliminate any redundant items.
•Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.
•Perform a variety of advanced financial analysis to determine the present and forecasted financial health of the company.
•Provide analytical support to the senior management and line managers.
•Contribute to the preparation of annual budgets and operational plans.
•Anticipate and follow up cash flow, managing income, expenses, budgeting, and costing.
•Anticipate and proactively address the impact on business targets, suggesting solutions and making adjustments to forecasts.
•Collaborate with Executive Directors to align financial strategies with the company's objectives.
•Proactively identify financial and operational risks and develop strategies to mitigate them.
•Develop financing solutions to support business growth plans, including fostering relationships in the banking and investment sectors.
•Ensure compliance with national and local regulations by surveying existing & proposed legislation.

Accounting Manager at Little Bird for Garments
  • Egypt - Banha
  • December 2015 to June 2017

•Lead teams in accounting, collections, treasury, and taxes.
•Provide appropriate training and development opportunities to finance and accounting staff to enhance their financial management understanding.
•Review and approve financial transactions, internal control procedures, and financial reporting activities.
•Manage fiscal reporting activities, including financial position, income statement and cash flows reports.
•Manage the entire spectrum of monthly management accounts (GL, AP, AR, loans, etc.) and financial reports, conducting thorough analytical reviews.
•Oversee the production of monthly reports for the Board.
•Assist in achieving or exceeding profit and loss (P/L) targets within the company.
•Identify financial and operational risks and develop strategies to mitigate them.
•Ensure compliance with national and local regulations by surveying existing & proposed legislation.
•Coordinate the annual audit process, finalize agreements, and approve financial statements and tax reconciliations.

internal audit assistant manager at Rajhi Steel
  • Saudi Arabia - Jeddah
  • July 2008 to August 2015

• Preparing the annual risk assessment plan and leading its implementation with the review team, supervising workers, and evaluating the results.
• Contribute to developing an annual audit plan based on risk assessment with the audit committee.
• Led the full audit cycle by checking tax compliance, verifying financial records, and inspecting accounts.
• Analyzing the results of the audit and presenting possible solutions for ineffective financial practices to management.
•Evaluating company accounting procedures, payroll, inventory, and tax statements to guide financial policymaking.
•Conducting risk assessments to recommend aversion measures and cost savings.
•Following up with management to ensure remediations are implemented into the company's financial practices.
•Supervising junior auditing personnel and implementing their research work into the auditing process.
•Preparing and reviewing annual audit memorandums.
•Researching applicable laws and regulations to ensure the company's books are compliant.
•Providing leadership and guidance.

Internal Audit Supervisor at Mo’men Group
  • Egypt - Cairo
  • November 2006 to December 2007

•Leading the full audit cycle by checking tax compliance, verifying financial records, and inspecting accounts.
•Analyzing the results of the audit and presenting possible solutions for ineffective financial practices to management.
•Evaluating company accounting procedures, payroll, inventory, and tax statements to guide financial policymaking.
•Conducting risk assessments to recommend aversion measures and cost savings.
•Following up with management to ensure remediation's are implemented into the company's financial practices.
•Supervising junior auditing personnel and implementing their research work into the auditing process.
•Preparing and reviewing annual audit memorandums.
•Researching applicable laws and regulations to ensure the company's books are compliant.
•Providing leadership and guidance.

Internal Audit Supervisor at Mo’men Group
  • Egypt - Cairo
  • June 2006 to December 2007

•Spearheaded company’s reporting and finance tracking measures to remove obsolescence, speeding up the year- and quarter-end audits by up to 5 weeks.

Senior Public Accountant at B.D.O Khaled & Zarrouk (formerly)
  • Egypt - Cairo
  • November 2005 to June 2006

•Identified and communicated accounting, finance, and auditing issues to executives, seniors, and finance managers.
•Organized and maintained financial records, tax preparation, and periodic inspection of accounting books and practices.
•Performed analytical procedures and analyses to detect unusual financial relationships.
•Carried out detailed financial audits, federal and state compliance audits, and agreed-upon procedures.
•Initiated management representation letter recommendations and drafted audit reports for management and executive reviews.

Senior Public Accountant at Mostafa Shawki &co (Mazars)
  • Egypt - Cairo
  • May 2000 to October 2005

•Identified and communicated accounting, finance, and auditing issues to executives, seniors, and finance managers.
•Organized and maintained financial records, tax preparation, and periodic inspection of accounting books and practices.
•Performed analytical procedures and analyses to detect unusual financial relationships.
•Carried out detailed financial audits, federal and state compliance audits, and agreed-upon procedures.
•Initiated management representation letter recommendations and drafted audit reports for management and executive reviews.

Education

Bachelor's degree, Accounting And Administration
  • at Benha University
  • May 2000

Specialties & Skills

Cost Models
Cash Flow
Analytics
Risk Modelling
SWOT analysis
Financial Modelling
Financial Analysis and Reporting
Internal Control Management (Policies & Procedures).
Regulatory Compliance
Risk Management & Mitigation
Strategic Business Planning
Financial Management
Cost Controls Management
Debt Restructure
Strong technical accounting knowledge
Cash Flow Projection

Languages

English
Expert

Training and Certifications

Technical Analyses (Training)
Training Institute:
Privet
Date Attended:
May 2008
IFRS Training (Training)
Training Institute:
KPMG
Date Attended:
February 2014
Duration:
40 hours

Hobbies

  • Reading History, Logic, Philosophy, Chess, Swimming