Ahmed Abdelhafez

 Departments That Managed By the “Group Finance Manager”: -
• Accounting Department.
• Procurement Department.
• Warehousing Department.
• I.T Department.
• Clearance & Logistics Department.
• Transport & Automotive Department.

 Member of The Following Committees:-
• Executive Committee.
• Procurement Committee.
• Salaries Increment Committee.
• Recruiting Committee.
• Tenders Pricing Committee.




 Job description :-
• Responsible for the company finance team with a reporting line to the General Manager.
• Perform complex financial and operational analysis and produce monthly management accounting reports and forecasts. Control and overview financial reporting and financial statement finalization.
• Responsible for external and internal audits and overview.
• Manage budget controller-ship and planning review of commercial KPI’s and business forecasts.
• Define the accounting cycle and closing procedures.
• Develop and roll out ERP based reporting systems and policy alignment.
• Responsible for team management and succession planning
• Formulating strategic and long-term business plans;
• Researching and reporting on factors influencing business performance; analyzing competitors and market trends;
• Developing financial management mechanisms that minimize financial risk;
• Conducting reviews and evaluations for cost-reduction opportunities;
• Liaising with auditors to ensure annual monitoring is carried out;
• Developing external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the Inland Revenue;;
• Arranging new sources of finance for a companys debt facilities;
• Keeping abreast of changes in financial regulations and legislation.

Department.
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Procurement Department.
Warehousing Department.
I.T Department.
Clearance & Logistics Department.
Transport & Automotive Department.
Member of the Following Committees:
Executive Committee.
Procurement Committee.
Salaries Increment & Recruiting Committee.
Tenders Pricing & Selection Committee.
Directed finance team of 25 professionals, reporting directly to General Manager,
enhancing financial operations efficiency.
Managed external and internal audits for 2-3 audit cycles annually, ensuring
compliance and accuracy in financial statements.
Developed and implemented ERP-based reporting systems aligned with policies,
improving reporting speed by 40% across departments.

• Control the budgeted expenses & purchases on daily base.
• Report the unbudgeted expenses or unfavorable budget variances, and prepare monthly budget variances reports with its analysis.
° Responsible for the treasury management & cash flow assigments.
• Supervise the medical centers & retail pharmacies accounting section.
• Review & evaluate the work flow process & create new work procedures.
• Member of Quality Management Committee which is assigned by the board to evaluate, review & update the company policies & procedures.
• Project Manager for the following projects:-
a. Accounting Committee of Review: which is concerned with accounts internal auditing.
b. Medical Centers & Retail Pharmacies System: this project is to link the point of sale system with the head office accounting system using applying a unified application & software “Microsoft Ax Dynamics”.
c. Fixed Assets Coding Project: is to apply a new records for fixed assets by using a specific code for each fixed assets & link its all related records on each department by cost center.
• Prepare & edit monthly financial statements, estimated expenses, accounts variance analyses reports by cost center.
• Evaluate the accuracy of the accounting figures by reviewing the accounting ledger on monthly basis.
• Company‘s investors relation officer, shareholder list, general assembly meeting, stock exchange relation.
• Prepare daily company’s share movement reports & report it to the top management.
• Coordinate the quarterly board meeting and the assembly meeting, achieve all correspondences between the company & the stock exchange
• Share in preparing the company annual budget.

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1.Reports to GFC & responsible for the financial/management accounts, audits, budgets, cash flow management & the regulatory compliance of the Co.
2. Maintains financial policies & procedures to international standards.
3. Assists in the development & implementation, including the financial impact, of strategic business and/or operational plans, projects, programs & systems. Keeps Management informed of the company’s financial position at regular intervals.
4. Delivers the Annual Budget & Cash-Flow Forecast, providing advice/guidance to budget holders/ Management for initial budgets & revisions.
5. Formulates project budgets & project financial reporting.
6. Processes/reports on revenue, expenditure, remuneration/expenses, ledgers, bank reconciliation; debtors/creditors; creates appropriate spreadsheets to assist in daily & monthly analysis of information.
7. Interacts with Banks/Fin. Institns for Bank Guarantees, LCs & short/long term financing.
8. Ensures the financial information systems of the co. meet necessary accounting requirements, data entry is timely and accurate, & computerized accounting systems are upgraded as required.
9. Prepares financial statements/reports & ensures the maintenance of effective internal controls to assure safeguarding of assets & reliability of financial statements.
10. Organizes & liaises with auditors to facilitate internal/external audits; reviews internal procedures in the light of auditors’ recommendations.
11. Ensures Co. complies with all legal/regulatory requirements, including Ministries, Chamber Of Commerce, etc. relating to financial/admin matters
12. Ensures compliance with financial and contract reporting requirements for private/public funding, licensing, or regulatory agencies
13. Advises on financial aspects of contracts with strategic partners, principals & customers.

Reporting direct to the Group Financial Controller, responsible for all the
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accounting transactions for an independent company which is part of the holding
company.
Responsible for the financial/management accounts, audits, budgets, cash flow
management & the regulatory compliance of the company.
Assists in the development & implementation, including the financial impact, of
strategic business and/or operational plans, projects, programs & systems.
Keeps Management informed of the companys financial position at regular
intervals.
Delivers the Annual Budget & Cash-Flow Forecast, providing advice/guidance to
budget holders/Management for initial budgets & revisions.
Formulates project budgets & project financial reporting.
Processes/reports on revenue, expenditure, remuneration/expenses, ledgers,
bank reconciliation; debtors/creditors; creates appropriate spreadsheets to assist
in daily & monthly analysis of information.
Interacts with Banks/Financial Institutions for Bank Guarantees, LCs & short/long
term financing.
Ensures the financial information systems of the company meet necessary
accounting requirements, data entry is timely and accurate, & computerized
accounting systems are upgraded as required.
Prepares financial statements/reports & ensures the maintenance of effective
internal controls to assure safeguarding of assets & reliability of financial
statements.
Organizes & liaises with auditors to facilitate internal/external audits; reviews
internal procedures in the light of auditors recommendations.
Ensures the company complies with all legal/regulatory requirements, including
Ministries, Chamber Of Commerce, etc. relating to financial/admin matters.
Ensures compliance with financial and contract reporting requirements for
private/public funding, licensing, or regulatory agencies.
Advises on financial aspects of contracts with strategic partners, principals &
customers.
Managed all accounting transactions for Ebsar Holding Co., overseeing financial
activities for an independent company within the group, reporting to Group
Financial Controller.

1.Manage & audit journal entries and edit monthly close statements.
2.Audit & analyze accounting ledgers periodically.
3.Share in making annual & monthly budget.
4.Share in making a visibility study.
5.Brake even point analyzing.
6.Prepare & edit monthly profit & loss, estimated expenses, expenses variance analyze reports.
7.Follow up bank accounts & bank statements
8.Monthly auditing for the stock system & stock costing to assure that it keeps the company policies & procedures.
9.Job orders costing.
10.Analyze the variance in estimated and actual cost for job orders.
11.Assure that assets costing & pricing are keeping the right way.
12.Prepare a monthly payroll & analyze the payroll variances.
13.Assure that the company is applying the accounting & payroll systems matching with the states low & procedures.

 Accounting & Auditing Work :
1.Manage & audit all accounting team.
2.Manage & audit all journal entries and edit monthly close statements.
3.Audit & analyze accounting ledgers periodically.
4.Prepare a daily bank position & cash flow report.
5.Evaluate warehouse stock and imports costing.
6.Audit warehouse addition notes & assure that all receiving transactions has achieved according to company policy.
7.Audit employee petty & departments’ petty cash and make a comparison between its expenses and standard expenses applied at company.
8.Create a monthly consolidated P&L and detailed one for all stores more than 60 stores.
9.Responsible for tax work & tax auditing General tax, sales tax report, withholding tax.
10.Participate in creating a monthly budget for every store & annual one for the company.

 Additional HR Assignments:
1.Participate in the recruitment processes and job fairs to enlarge the resumes database.
2.Conduct all tests for hiring and evaluate candidates skills.
3.Establish and execute new employee orientation program
4.Respond to staff inquiries regarding policies, procedures, and programs.
5.Supervise performance management program and ensure that they are carried out periodically and effectively
6.Participate in training needs assessment, design and implement a proper training program.
7.Supervise salary administration and payroll in coordination with concerned Departments.

 Additional Assignments:
1.Participate in pre opening assignments.
2.Purchasing goods & necessary tools and equipments
3.Follow up stores construction & operation.
4.Follow up foreign purchases & its legal documents.
5.Follow up legal documents for each new stores & its governmental license.
6.Contributes in choosing new locations for new stores.

Manage & audit all accounting team.
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1.Prepare and edit journal entries.
2.Opening & closing entries.
3.Accounts posting, accounts payables, accounts receivables.
4.Manage & follow up bank transactions, LG & LC.
5.Generate monthly sales tax report.
6.Audit& analyze customers, suppliers account with its related collections and payments
7.Audit warehouse transactions and assure that it has done according to the company policy with the right procedure.
8.Participate in the end of year audits.
9.Participate in taxation audit.

Prepare and edit journal entries.
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Opening & closing entries.
Accounts posting, accounts payables, accounts receivables.
Manage & follow up bank transactions, LG, LC.
Generate monthly sales tax report.
Audit & analyze customers, suppliers account with its related collections and
payments.
Audit warehouse transactions and assure that it has done according to the
company policy with the right procedure.
Participate in the end of year audits.
Participate in taxation audit.