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Ahmed Saad El Anany, Chief Financial Officer CFO

Ahmed Saad El Anany

Chief Financial Officer CFO·Twaik Co. For Maintnance and Operations

Saudi Arabia

Bachelor's degree, Accounting and Auditing division.

Work experience

Total years of experience: 24 years, 9 months

Chief Financial Officer CFO

September 2019 - Present

Twaik Co. For Maintnance and Operations

Riyadh, Saudi Arabia

September 2019 - Present

17%+ of KSA market share of Maintinance and Operations Projects.

CFO for a leading Maintinance, Services, Construction and Manufacturing Company in Saudi Arabia. Responsible for all Support Services Departments including Finance & Accounting.

SR 1+ billion turnover, SR 4 billion ongoing projects & 22, 000 employees, 3 Accounting Managers reporting to CFO and finance team is about 39+, reporting directly to Chairman.

Five major sectors: Maintinance, Services, Real Estate, Construction and Medical Factory (Manufacturing).

Selected Achievements:

• Saved more than SR 30 million which contributed to the revenue growth of 65% and 40% in two consecutive years up from 2019 via development of financial road map to revamp financial foundations, Supply Chain efficiency improvement and Cost control & Savings.

• Headed the new ERP implementation ( SAP ) committee negotiating contracts, defining scope, alignment of polices & procedures and launching implementation.

• Updated Authority Matrix, policies & procedures and brought discipline to Finance & SC departments.

Company industry:
Other Business Support Services
Job role:
Accounting and Auditing

Chief Financial Officer

September 2015 - August 2019

Al Nafees International Holding Company

Riyadh, Saudi Arabia

September 2015 - August 2019

- Chief Financial Officer for the Holding Company and reporting to CEO & Owners.

- Member of the Strategic Leaders Committee of the organization.

- Structured all financial information from Trial balance, month-end reporting to Budget structure.

- KPI's dashboard and cash flow projections.

- Oversee all HR and Administrative responsibilities.

- Managed Hiring process, interviews, probation period, training, and probation appraisal until issuing employees contracts which matching the official Labor policies.

- Provide advisory support to the company’s Chairman and Board of directors on all of financial related matters.

- Participate in improving organizational performance and participate in the strategic planning of the company.

Company industry:
Civil Engineering
Job role:
Accounting and Auditing

Finance , Accounting Manager and Head of Insurance Department.

September 2011 - August 2015

Mohamed A. Ali Al Swailem Co. for Constructions, ( MASCO Group ), Closed Joint Stock Company

Riyadh, Saudi Arabia

September 2011 - August 2015

22%+ of KSA market share of Constructions, Railway and Roads Projects.

Director, Finance and Head of Insurance Department
Director of Finance for a leading Construction, Roads & Infrastructure and Railway Company in Saudi Arabia.

Responsible for all Support Services Departments including Finance & Accounting, Insurance Department. SR 2+ billion turnover, SR 6 billion ongoing projects & 30, 000 employees, 2 Accounting Managers reporting to Finance Manager and finance team is about 22 +, reporting directly to Chairman. Three major sectors: Roads & Infrastructure, Railway and Construction.

Main Tasks:

- Prepare for IPO in 2012.
- Apply new policies & Procedure and new authority matrix.
- Project Finance, Treasury, Cash flow Planning.
- Implement new ERP system (Oracle ).
- Develop employees, cost control, Annual Budgets & Capital budgeting and management reports
& financial Analysis.
- Costing & financial control of production units.

Company industry:
Financial Services
Job role:
Accounting and Auditing

Audit Manager

September 2006 - August 2011

ERNST & YOUNG, is a global audit, accounting and consulting firm

Cairo, Egypt

September 2006 - August 2011

- I worked as acting Audit Manager for ERNST & YOUNG “Damascus office “, my duties were to help the staff to finalize all open jobs related to previous retired E&Y management, also to handle and keep relationships with all client portfolio of Damascus office, additionally, to follow up for collections, and finally to report and communicate with Managing Partner.

- I transferred to ERNST & YOUNG " Kuwait office " as Secondement temporary basis to participate in special assignment called AUP.

- I was a team Supervisor for a 100% review of consumer loans of one of the biggest banks in Kuwait between my team and the assignment Manager, also I was helping my team members to resolve all raised issues, consolidate all their workings and then report to assignment Manager.

Company industry:
1346
Job role:
Accounting and Auditing

Senior Auditor

September 2001 - August 2006

KPMG Hazem Hassan “ Cairo office “ , is a global audit, accounting and consulting firm

Cairo, Egypt

September 2001 - August 2006

Participated in auditing for the following multinational companies:

- Al - Ahram Beverages Co. (A.B.C & Heineken Group),
- Orascom Group,
- Daewoo Motors Egypt Co.,
- Egyptian Cement Co.,
- EFG Hermes for Financial Investment,
- Siemens Limited Egypt,
- Egyptian German Telecom Egypt,
- Fayrouz International Group,
- And audited many multinational firms in Egypt.

Audited different fields of business including:

Industrial Factories, Cement and Mining Services, Construction Businesses, Trading and Marketing, Financial Services and Representative Offices.

Company industry:
1346
Job role:
Accounting and Auditing

Education

Cairo University - B.A Faculty of Commerce.

May 2001

May 2001

Bachelor's degree, Accounting and Auditing division.

Egypt

GPA (percentage): 75%

GPA (percentage): 75%

Accounting and Auditing division.

Skills

Auditing
Expert
Auditing
Expert
Analysis
Expert
Analysis
Expert
Reporting Skills
Expert
Reporting Skills
Expert
Training Of Staff
Expert
Training Of Staff
Expert
Presentation Skills Coaching
Expert
Presentation Skills Coaching
Expert
Trainer.
Expert
Trainer.
Expert
Professional in office.
Expert
Professional in office.
Expert
SAP
Expert
SAP
Expert
ASCON
Expert
ASCON
Expert
ORACLE
Expert
ORACLE
Expert
planning
Expert
planning
Expert
analysis
Expert
analysis
Expert
team management
Expert
team management
Expert
annual budgets
Expert
annual budgets
Expert
accounting
Expert
accounting
Expert
operation
Expert
operation
Expert
month end
Expert
month end
Expert
mis reporting
Expert
mis reporting
Expert
payroll
Expert
payroll
Expert
auditing
Expert
auditing
Expert
major accounts
Expert
major accounts
Expert
purchase accounting
Expert
purchase accounting
Expert
sales tax
Expert
sales tax
Expert
monthly reporting
Expert
monthly reporting
Expert
reconciliation
Expert
reconciliation
Expert
project accounting
Expert
project accounting
Expert
mergers
Expert
mergers
Expert
risk management
Expert
risk management
Expert
negotiation
Expert
negotiation
Expert
treasury management
Expert
treasury management
Expert
working capital management
Expert
working capital management
Expert
Financial Reporting
Expert
Financial Reporting
Expert
Finance
Expert
Finance
Expert
Financial Management
Expert
Financial Management
Expert
Presentation Skills Coaching
Expert
Presentation Skills Coaching
Expert
Training Of Staff
Expert
Training Of Staff
Expert
Reporting Skills
Expert
Reporting Skills
Expert
Analysis
Expert
Analysis
Expert
Auditing
Expert
Auditing
Expert

Languages

English
Expert

Memberships

Syndicate of Commercials in Egypt

Charted Accountant

July 2008

Corporate Finance Institute

Member

August 2020

Training and Certifications

Certifications
Financial Modeling & Valuation Analyst ( FMVA® )
Aug 2020

Training
Candidate to pass the CPA Exam.
Becker Professional Education Center.
Jul 2019
CPA Courses.
ERNST & YOUNG “ Cairo office” .
Sep 2007
Islamic Banking Courses.
ERNST & YOUNG “ Bahrain office ”.
Aug 2007
Accounting and Marketing Advantatge Course.
Dale Carnegie Training Center.
Oct 2004
Global Audit Methodology.
ERNST & YOUNG “ Cairo office” .
Jul 2006
KPMG Audit Methodology.
KPMG Hazem Hassan “ Cairo office “.
Jul 2004
Basic Business Skills Acquisition.
Berlitz Language Center.
Aug 2003

Hobbies

  • Founder Member of English Section Club, Cairo University.