CFO
Company & Organization
Total des années d'expérience :17 years, 1 Mois
• Dec 2005 ~ Current: Pfizer Middle East
2012 Director MER Shared Service Centre
2009 Director AfME Risk Assurance and Financial Controller Shared Service MER
- (2009-2011) The second role is the Director of Risk Assurance Management (RAM) team in AfME which is a managing small group of highly skilled professionals focused on risk based management service reviews and audits. This post supports the AfME region which includes more than 49 Countries. This group has an independent reporting line to EM Risk Assurance Director. This group does not undertake compliance audits but addresses itself to undertaking reviews to identify the risks facing AfME region. The principal role is to undertake and manage risk based review assignments of assigned risk areas.
Major responsibilities:
Shared Service Function: - Conducting several sessions in AfME for policy and procedures compliance
- Leads, directs and manage all activities related to the Shared finance service for the Middle East for WBB, PGS and Consumer division, coordinates between different departments and functions, to ensure its people, processes, and systems strategies to deliver optimal results.
- Develops systems and procedures to improve the functions of the division and to better manage the company's financial assets and liabilities.
- Building an innovative ways to increase the efficiency and effectiveness of operation.
- Evaluates the shared services practices with other companies to see how efficient the current system and how to improve the process with maintaining the internal controls.
- Develops general ledger and financial reporting, financial analysis, statutory books and Government authorities' requirements, and improve internal control environment.
- Produce periodic financial statements including income statement, balance sheet, statement of changes in the financial /cash position, cash flow projection and aged receivables listing and aged payable listing on a timely basis.
- Ensures that proper controls are maintained in the systems and cycles to insure the integrity of the figures reported.
- Ensure integrity of the financial statements. Ensure both Pfizer and local statutory requirements are met.
- Interact with stakeholder such as internal and external audits.
- Ensures proper accounting policy & procedures are maintained.
- Identify and minimize risks throughout the organization;
- Provide practical and cost effective recommendations to minimize the risks identified;
Risk Assurance Function
- Managing Risk Assurance managers team which are based in AfME with each country culture and nature.
- Develop Risk assurance audit program (called Local assessment programs)
- Communicating Risk related issues to Management team and issue a remediation report.
- Recommending applying best practice including industrial standard KPI's.
- Close monitoring of remediation report to insure proper closure of the issue.
- Providing sessions in Policies and procedures to insure proper understanding of all colleagues
- Developing tools such as (Off Line FCPA Forms)
- Conduct meetings with Area management to discuss Major risk areas that could affect the Internal Audit ratings and may results in financial exposures
- Support with Internal Audit Team during the scheduled audit to complete their task
- Interpret and Analyze complex concepts and apply these in an innovative ways (creation of Risk Assurance BD program)
- Building strong relationship with Internal and external Stakeholders
- Work closely with External Audit team to support in efficient as loss cost audit through coordinating with External audit to relay on the test of controls that was performed by the Risk assurance team.
• May 2005 ~ Nov 2005: BPB Plc UK
Secondment assignment: Group Internal Control/Risk
Major responsibilities: - Participating in Group Internal control Assessment assignments. Germany, Slovakia, Switzerland, Turkey, UK Czech Republic and Belgium.
- Participating with the Group countries in Risk assessment process for Hungry and Austria.
- Special project that is assigned to me to develop a database for internal control and to develop a software for group audit team to use which will be centralize on UK sever.
2007 Financial Controller for the Shared Service Middle East Region
2005 Accounting Manager for the Middle East Region
Summary of current position
- The Shared Service Director Finance has a regional role to manage finance share service for the Middle East Region, supervising and supporting 1400 staff in 13 countries and the AfME HUB supporting WBB, PGS and Consumer division. Level of expenses to manage is 120 million $. Managing consolidation and reporting of multiple legal entities and markets.
May 2005 Nov 2005 BPB Plc UK
Feb 2004 April 2005 BPB Placogips Egypt affiliate of (BPB Plc UK)
• Feb 2004~ April 2005: BPB Placogips Egypt affiliate of (BPB Plc UK)
Executive Manager: Internal Control/Risk: Regional internal audit and risk assessment manager for both Egypt and Turkey branches.
Major responsibilities: - Audit the compliance of BPB Placogips with Egypt stock exchange regulation and UK stock listing requirements (Combined Code) and BPB Corporate laws and regulations.
- Assessing the Company work processes and identifying risky areas that should be communicated with the Audit Committee, the Group Internal Audit Director (UK) and the Managing Director.
- Developing effective audit program through consideration of risk factors to ensure proper detection of any financial material misstatement and noncompliance with laws and regulation.
- Identify internal control weaknesses in the production department, sales and marketing department, logistics department and accounting department to be reported. Proactively provides advice and recommendations for weaknesses identified.
Group responsibility: - Participate in group internal control assessment assignments. Issuing control weakness and improvement points for management. Group countries audited UK and Switzerland.
Dec 2000 Jan 2004 PricewaterhouseCoopers (PwC)
• Dec 2000~ Jan 2004: PricewaterhouseCoopers (PwC)
Supervisor at Assurance Business Advisory Services Department: Team manager.
Major responsibilities: - Review the prepared financial statements and audit opinion.
- Developing strong client relationships that effectively facilitate coordination and lead to early identification of critical matters.
- Developing effective audit strategy through consideration of risk factors to ensure proper detection of any financial material misstatement.
- Applying technical background in assessing client's work processes and identifying critical matters that should be communicated with management.
- Identify internal control weaknesses in the accounting cycles to be reported as management letter points.
- Proactively provides advice and recommendations that reflected thorough understanding of industry issues, long-term strategy, and the people and client culture involved; and which impact the client's business across a broad range of issues.
(Pls refer to appendix A for details of major audited companies)
June 1998 Dec 2000 Ernst and Young International (E&Y) and Binder Digker Otte International (BDO)
• June 1998~ Dec 2000: Ernst and Young International (E&Y) and Binder Digker Otte International (BDO)
Senior accountant at Auditing Department: Auditing different company's accounting department and issuing a report on the financial statements.
Major responsibilities: - Prepares the financial statements and audit opinion.
- Reviewing audit fieldwork for control and substantive testing as planned.
- Coaching subordinate auditors and rapping up the audit engagements.
(Pls refer to appendix A for details of major audited companies)
June 1997 April 1998 Maharem office
• June 97 ~April 98: Maharem office
Major responsibilities: Trainee
- To prepare financial statements and how to write an audit report.
- To audit some sections in the audit file and how to document in an audit file.
Significant Academic Projects and Courses studied: • Cornerstone of management 2 • Negotiation skills in Dubai • 7 Habits (FrankinCovey) • Problem solving courses - International Marketing and Management Institute (IMI) • Planning ahead, Moving forward, PwC Audit 2003, Team Manager 2, Assurance and Business Advisory Services In-Controls (PricewaterhouseCoopers) • Accounting and Auditing 1 (Ernst and Young) • Becker CPA Review course.
Feb 2002: Certificate in Japanese-Language Proficiency Test (level 3)
Feb 2001: Certificate in Japanese-Language Proficiency Test (level 4)
July 1997: A diploma in multimedia software programming from Information Technology Institute (ITI) a branch of the Cabinet Information and Decision and Support Center.
July 1996: Bachelor's degree in Accounting, Faculty of Commerce, English section, Cairo University
• Conducted Marketing feasibility study to establish a Comprehensive Business Center (Faculty graduation project 1996)
July 1992: High school graduation from Gezira Language School.