Chief Financial Officer and Ready Mix General Manager
Najib Alissa Company
مجموع سنوات الخبرة :39 years, 4 أشهر
My career path is almost divided into 2 stages:
A- From 1985until 2000. It began within the Banking sector, namely in the areas of Investment Banking, Credit & Marketing, and Risk Management. I’ve held the following positions: Senior Risk Management Manager at Arab African International Bank, Credit & Marketing and Credit Administration Manager at Arab Bank PLC, Investment and Credit Assistant Manager at Misr Iran Development Bank. The main focus of my career at this stage was equity participation, long and short term finance, project finance, buying and selling shares, M&A, valuation, companies formation, syndications, risk assessment. In my capacity as Senior Risk Manager I had a single obligor lending limit of US$ one million. During this stage I lectured on a part time basis at various financial and educational institutions I instructed several Finance and Accounting courses; the Chase Manhattan Credit Course, Financial Analysis, Cash Flow, Cash Flow Projections, Financial Restructuring, Project Finance, and Accounting.
B- From 2000 until 2017. I shifted to multi-business groups. I was the Regional Finance and Administration Director at Al-Kharafi Group (Egypt), then CFO at Najib Alisa Group (KSA). My roles as Head of Finance at both Najib Alissa and Kharafi Group were nearly the same. The responsibilities I held fall under 3 main categories:
1. Finance Stewardship and Managerial Role: This includes the normal finance function and managing the finance team. Normal finance function includes several sub groups:
A- Accounting, External Financial Reporting, and ERP system
B- Investments: M&A, New Business, Expansions of Existing Business, Project Management, Financial instruments,
C- Treasury: Cash Management, Financial Institutions Relationships and Fund Raising,
D- Corporate Finance: Working Capital Management & Credit.
E- Taxation and Taxation Planning
F- Budgeting, Internal Reports, Financial and Business Analysis.
G- Controls and Risk Management.
H- Organizational Skill: Developing Structures, Establishing and Promoting Healthy Culture, Managing, coaching, leading the staff and team building. Hiring, Developing, Motivating, and Retaining Qualified Team Members.
2. Advisory, Facilitator and Catalyst Role: Supporting the CEO and executives in their jobs and a business partner in their decisions by providing analysis, insight, proposing and assessing alternatives, legal issues, structuring transactions& deals, and incentive schemes, negotiation skills...etc. Playing a role in handling conflict of interests of stakeholders.
3. Strategist: I was in a position to see the full impact of the strategies across the group, and see the whole value chain and totality. In this respect I provided:
a- Assistance in mission and vision development.
b- Analysis and insight to support strategic planning.
c- Leading initiatives that support overall goals.
d- Ensure business decisions are grounded on sound financial terms.
e- Funding, and thus enabling and executing strategy.
f- Formulating, and developing the overall strategy.
In addition to my role as a CFO at Najib Alisa, I was the General Manager and the ultimate responsible for the Ready Mix activity including finance, sales and marketing, maintenance, operations, administration, production…etc.
Currently I am the Executive Director at Ergo, Egypt responsible for the full operation of the company.
I reinforced my experience through several courses: CMA, Chase Manhattan Credit Course, Certified Balance Score Card, Strategic Business Analysis, Financial Restructuring, Risk Analysis, and Corporate Valuation.
My career path is almost divided into 2 stages:
A- From 1985until 2000. It began within the Banking sector, namely in the areas of Investment Banking, Credit & Marketing, and Risk Management. I’ve held the following positions: Senior Risk Management Manager at Arab African International Bank, Credit & Marketing and Credit Administration Manager at Arab Bank PLC, Investment and Credit Assistant Manager at Misr Iran Development Bank. The main focus of my career at this stage was equity participation, long and short term finance, project finance, buying and selling shares, M&A, valuation, companies formation, syndications, risk assessment. In my capacity as Senior Risk Manager I had a single obligor lending limit of US$ one million. During this stage I lectured on a part time basis at various financial and educational institutions I instructed several Finance and Accounting courses; the Chase Manhattan Credit Course, Financial Analysis, Cash Flow, Cash Flow Projections, Financial Restructuring, Project Finance, and Accounting.
B- From 2000 until 2017. I shifted to multi-business groups. I was the Regional Finance and Administration Director at Al-Kharafi Group (Egypt), then CFO at Najib Alisa Group (KSA). My roles as Head of Finance at both Najib Alissa and Kharafi Group were nearly the same. The responsibilities I held fall under 3 main categories:
1. Finance Stewardship and Managerial Role: This includes the normal finance function and managing the finance team. Normal finance function includes several sub groups:
A- Accounting, External Financial Reporting, and ERP system
B- Investments: M&A, New Business, Expansions of Existing Business, Project Management, Financial instruments,
C- Treasury: Cash Management, Financial Institutions Relationships and Fund Raising,
D- Corporate Finance: Working Capital Management & Credit.
E- Taxation and Taxation Planning
F- Budgeting, Internal Reports, Financial and Business Analysis.
G- Controls and Risk Management.
H- Organizational Skill: Developing Structures, Establishing and Promoting Healthy Culture, Managing, coaching, leading the staff and team building. Hiring, Developing, Motivating, and Retaining Qualified Team Members.
2. Advisory, Facilitator and Catalyst Role: Supporting the CEO and executives in their jobs and a business partner in their decisions by providing analysis, insight, proposing and assessing alternatives, legal issues, structuring transactions& deals, and incentive schemes, negotiation skills...etc. Playing a role in handling conflict of interests of stakeholders.
3. Strategist: I was in a position to see the full impact of the strategies across the group, and see the whole value chain and totality. In this respect I provided:
a- Assistance in mission and vision development.
b- Analysis and insight to support strategic planning.
c- Leading initiatives that support overall goals.
d- Ensure business decisions are grounded on sound financial terms.
e- Funding, and thus enabling and executing strategy.
f- Formulating, and developing the overall strategy.
In addition to my role as a CFO at Najib Alisa, I was the General Manager and the ultimate responsible for the Ready Mix activity including finance, sales and marketing, maintenance, operations, administration, production…etc.
Currently I am the Executive Director at Ergo, Egypt responsible for the full operation of the company.
I reinforced my experience through several courses: CMA, Chase Manhattan Credit Course, Certified Balance Score Card, Strategic Business Analysis, Financial Restructuring, Risk Analysis, and Corporate Valuation.
Starting from 1997 and till 2010 I instructed at several Institutions, mainly; the American University in Cairo, the German Chamber, the Egyptian Banking Institute - CBE….etc. I lectured a wide span of Finance Areas such as; Credit ( the Chase Manhattan Credit Course), Financial Analysis, Cash Flow, Cash Flow Projections, Financial Restructuring, Project Finance, Accounting, ..etc. This was a part time job beside my permanent jobs.
Review Credit appraisals for all branches.
Review, renewal and approval of all credit facilities for all branches.
Approving credit facilities and special transactions up to the designated limit, nominated by the Board of Directors.
Preparation and approval of provisions and setting up the write/off policy.
Conducting credit audit upon all branches.
Board member of Alexandria Printing Press (Representative of the Bank)
Credit approving authority : US$. 1 million.
Mitigating Operational Risks and Asset / Liabilities Management
Responsibilities:
Supervising Loans & Credit Packages, Credit Annual Review, Loans & Credit Administration & Annual Budget.
Analysis of the Bank’s Portfolio.
Revising the Data submitted to the Central Bank of Egypt.
Responsibilities:
1. Supervising the preparations of :
Annual and phased financial plan materialized in the following statements & their underlying assumptions:
Profit & Loss Statement.
Cash Flow.
Balance Sheet Statement.
Key financial indicators.
2. Submission of all reports pertaining to the plan to the Head Quarters in London and the United States.
3. Following up the plan both:
Monthly through comparing the actual activity results with forecasted activities as stipulated in the plan & variation analysis of the different types of activities.
And:
Quarterly through outlooks to investigate the likelihood of realizing the plan. These reports are also submitted to the Head Quarters.
Profit ability analysis.
Reviewing marketing strategies and updating pricing proposals and costing factors.
The Bank operation focuses on Investment Banking. As an investment Banker responsible my manin tasks are:
- Syndications
- Valuation
- Biding for Financing Offers
- Feasibility Studies for MTL, and Equity participation
- Loan Contracts
- Agreements
- Loan Disbusrments
- Follow-up Projects Implementation
- Companies Formation
- Financial Analysis
- Credit Apprasals
- Risk Assessment and Mitigation
- Assessing Equity Participation
- Selling of Bank’s Ownership in Companies
I ) In addition to my full time job in Misr Iran Development Bank:
a) Worked on a part time basis with a consultancy firm (EFG), under a privatization contract signed with USAID, to evaluate some of the hotels owned by “Egoth”.
b) Prepared the following on contractual basis:
1. A feasibility study for a company engaged in printing activity, beside negotiations with the bank to extend loans to the company.
2. A feasibility study for a company producing Duplex paper.
a) Three Market Studies in the Republic of Yemen:
Passenger Cars.
Heavy Trucks.
Home Appliance.
3. Evaluating a five Stars Hotel for the purpose of selling out.
4. The financial part of a comprehensive study prepared by Hassan Dora office for a company engaged in Tourism Development of the Rivera Area. The Study included both Infra & Super structure development in the area. It was submitted under a contest announced by the company, and was ranked the first.
5. The financial part of a comprehensive study prepared by Hassan Dora office for a company engaged in Tourism Development of Dahab area. The study included both infra & super structure development in the area.
6. Financial study for a project engaged in cattle raising, meat storage and meat processing.
Master Degree in Economics
Bachelor Degree in Economics