Ahmed Ali, Deputy Chief Financial Officer

Ahmed Ali

Deputy Chief Financial Officer

Confidential

Location
Egypt - Cairo
Education
Master's degree, Accounting, Control and Audit
Experience
27 years, 4 Months

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Work Experience

Total years of experience :27 years, 4 Months

Deputy Chief Financial Officer at Confidential
  • Egypt - Cairo
  • My current job since September 2018

- Overseeing and monitoring daily financial operations with an annual turnover of EGP 40 billion.
- Enhancing financial policies and procedures, integrating them into the ERP system (SAP) to improve
efficiency and risk management.
- Reviewing and overseeing all monthly, quarterly, and annual management reports.
- Leading the annual budget preparation process and liaising with external auditors.
- Managing transfer pricing studies and internal audit functions.
- Supervising treasury activities and cultivating banking relationships.
- Implementing budgeting and forecasting policies to optimize company performance.
- Ensuring innovation, internal controls, and authorization matrix in the ERP system.

Deputy Group CFO at LOKMA GROUP
  • Egypt - Cairo
  • March 2015 to July 2018

- Overseeing financial operations of international investments in Italy & Qatar.
- Managing monthly, quarterly, and annual reports of international investments.
- Leading the annual budget process for the entire group.
- Supervising treasury operations in three countries and managing banking relationships.
- Facilitating the implementation of a new ERP system and reporting system.
- Participating in mergers and acquisitions, leading to significant market share growth.
- Conducting feasibility studies for potential projects within and outside Egypt.

Budgeting & Reporting Manager at ELSEWEDY ELECTRIC
  • Egypt - Cairo
  • April 2013 to March 2015

- Developing and implementing group budgeting/forecasting policies and procedures.
- Leading the team in implementing corporate reporting system "Hyperion" HPM/HFM.
- Managing group consolidated financial statements.
- Overseeing the preparation of the annual budget for the cable sector.
- Leading the reconciliation and maintenance process of tax liability accounts.
- Handling affiliate reconciliation and intercompany transactions in the Cables Sector.

Finance Manager at Arabian Company For Tourist Investment
  • Egypt - Cairo
  • November 2009 to March 2013

- Overseeing day-to-day financial operations.
- Managing monthly, quarterly, and annual financial reports.
- Handling budgeting and reforecasting processes.
- Providing financial analysis and recommendations to management.
- Analyzing costs, pricing, and sales results against business plans.
- Leading the annual closing process and liaising with external auditors.
- Providing support and supervision to sister companies in Dubai and Malaysia.

Reporting & Consolidation Manager at ACCOR Hospitality
  • Egypt - Cairo
  • September 2007 to October 2009

- Reviewing 18 hotels' profit and loss statements with finance managers monthly.
- Overseeing monthly consolidated financial statement submissions.
- Managing hotels' monthly management reporting and analysis.
- Monitoring planned performance versus actual results and analyzing variances.
- Leading the annual budgeting and quarterly forecasting process for 18 hotels.
- Coordinating with internal and external auditors for financial statements.

Accounting Manager at Orascom Constructions Industries
  • Egypt - Cairo
  • September 2006 to August 2007

- Overseeing day-to-day financial operations for the ORASCOM Foundation Sector.
- Compiling and presenting detailed reports for senior management and year-end financial statements.
- Assessing accounting policies and recommending improvements.
- Establishing internal controls and guidelines for accounting transactions and budget preparation.
- Assisting with financial audits and annual corporate financial controls audit.

Supervisor Accountant at PEUGEOT
  • Egypt - Cairo
  • August 2001 to August 2006

- Assisting the CFO in preparing monthly consolidated financial statements.
- Ensuring timely reporting of monthly reporting packages.
- Preparing quarterly forecasts and the company's annual budget.
- Analyzing gross margins and cost of goods sold per vehicle.
- Preparing periodic reports for variance analysis.

Senior Accountant at Kouta Steel Group
  • Egypt - Cairo
  • December 1996 to July 2001

- Analyzing monthly gross margin and profit/loss.
- Reviewing salaries and calculating monthly incentives for employees.
- Monitoring operating expenditures and providing daily reports to management.
- Managing daily accounting entries and reconciling with the general ledger.
- Handling bank statement reconciliations.

Education

Master's degree, Accounting, Control and Audit
  • at Universite de Paris 1( Sorbonne )
  • December 2008

Master CCA Comptabilite Controle et Audit

Bachelor's degree, Accounting
  • at Zagazig University
  • June 1995

B.Sc. of Commerce Accounting department

Specialties & Skills

Management Reporting
Budgeting and Forecasting
Accounting Analysis
Monthly Reporting
Financial Reporting
Fourth Shifts
MS Office
Analysis
Reporting
Hyperion Financial Management

Languages

English
Expert
French
Expert

Hobbies

  • Reading, Sports, Technology, Internet,