Ahmed Fawzy

• Group Cash Management
• Working capital facilities /STL Management
• Derivatives Management
• Developing Treasury Policies and Controls
• Automation
• People development

Working Capital Management
• Cash position management and reporting- ensure that cash
balances are kept to the adequate level to run the working
capital.
• Ensure compliance to corporate policies, regarding payment
terms, both for Customers and suppliers, develop managerial
business case for exceptions, when these are justified.
• Assist Customers with their financing facilities and play
supporting role in exploring new opportunities.
• Seek opportunities to optimize MWC.
Liquidity Management
• Manage surplus/Deficit in short term investment/ borrowing
facilities.
2
• looking ahead for potential risks and developing mitigation
plans accordingly.
• Oversight of timely cash applications at competitive rates
• Developing Cash Forecast in a timely manner.
• FX Management - Exposure Analysis/Reporting/ Hedging.
• Ensure credit exposure with Customers and distributors are
within policy.
• Approve deviations for unsecured exposures when
appropriate.
• Seek to decrease unsecured exposure without impacting the
business.
• Manage Insurance policies and handling claims.
• Understand drivers behind FX crisis such as the one impacting
Egypt and support the organization to navigate thought it.
Banking Relationship
• Establish superior relationships with banks, Enhance, Negotiate
and improve ways of work in terms of reviewing/ Monitoring
(Credit/Debit Interest/ bank Charges/ Contracts/ Services
agreements
• Optimize share of products between banks
• Act as a link between corporate and local relationship for
banks with global presence.
Treasury Back-Office
• Approval of manual payments
• Oversight of fees and other expenses paid to banks.
• Support as back up in funding and reporting related activities
for regional treasury center.
• Look for new system implementation that can streamline the
work.
Other Responsibilities
• Manage Global projects - H2H payment systems, One bank
project (Receivables/payroll) Corporate credit cards project
(T&E -Cards- P-cards), SCF (local/ Foreign suppliers), SAP system
(S4HANA - Treasury Module).
• Maintain Solid Internal Controls Environment, governance, SOX
Harmonization, and ensure that our SOP’s applied and stick to
the policy.
• Ensure to pay shareholders dividends on time as per plan.
• Maintain Active contacts, information exchange with related
functions AER, Commercial Finance, AP, Procurement, tax and
legal.
• Managing and reporting external/ Internal audit requirements.
• Manage financial relations with international suppliers.
• Maintain adherence to Treasury and corporate policies,
ensuring proper approvals and assessments are in place prior
to execution.
• Developed high-level presentations ad reports for senior
leadership.
• Lead the team to drive operational excellence through
building a winning culture.

October 2008 - Till date Cadbury Adams Egypt Group (Kraft Foods- after Acquisition)
Tax & GL Senior Accountant

• Counsel and give taxation support to the business and finance team in order ensure compliance with tax laws, financial policies, procedures and Sarbox requirements.

• Tax inspections (Income, Sales, Stamp) other requested data or analysis needed by tax inspector
In inspection process

• Manage monthly and year-end closing tasks related to both tax provisions & tax related accounting entries.

• Support external tax consultant in preparing annual income tax return in addition to any
Analysis, breakdowns required for balance sheet or P&L.

• Review Input tax deducted on fixed asset return to tax authority.

• Review quarterly withholding tax return and coordinate its payment to tax authority.

• Review withholding tax return preparation for royalty letters and coordinate its payment to tax authority.
• Review Income & stamp tax return for tax authority including the breakdown of income and stamp tax accounts from SAP System.

• Review stock destruction committees with tax inspector and ensure proper tax treatment and documentation.

• Review sales tax return for tax authority including the breakdown of input, output tax & other sales adjustment accounts.

• Ensure that all financial data is timely and accurately recorded according to Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles, company policy and procedures by analyzing the general ledger on a monthly basis.
• Prepare payroll related journal entries and re-classifications.
• Coordinate with external auditors to ensure both annual and interim audit processes run efficiently and effectively.
• Analyze, generate and process intercompany entries needed to adjust or reallocate expenses between business units. Prepare, review and post Intercompany billing forms.
• Confirm intercompany balances monthly with related parties.
• Calculate prepaid and amounts to be amortized then prepare related journal entries.
• Prepare accruals entries and any adjusting entries needed during month closing.
• Assist with development and improvement of current policies and procedures, SAP process and financial reporting.

January 2007 - October 2008 El Sewedy for Engineering Industries
Senior Accountant

• Post treasury area accounting entries.

• Handle tax returns preparation and communication with tax offices.

• Cash on hand analysis and books reconciliation versus physical count.

• Manage receivable and accounts payable accounts.

• Prepare bank reconciliation.

• Bookkeeping and depreciation calculation.

• Assist in financial statements' preparation.

• Manage closing entries and analyze all accounts variances.

• Handle all audit tasks and requirements.

June 2005 - December 2006 Inronix for Industries
Receivable Accountant

• Handle all customers' accounts.

• Manage and control inventories.

January 2005 - May 2005 Blue Sky
Junior Accountant

• Handle tax returns and communication with tax offices.

• Handle general ledger book on the American system.