Ali Diab, Finance Director

Ali Diab

Finance Director

DH Industries Ltd

Location
Ghana - Accra
Education
Master's degree, Business Administration
Experience
21 years, 11 Months

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Work Experience

Total years of experience :21 years, 11 Months

Finance Director at DH Industries Ltd
  • Ghana
  • My current job since July 2018

Subsidiary of Madar Group. Consumable goods sector with employment of +350 employees.
Established financial policies and developed company's procedures.
Set KPIs for performance measurement.
Provided analytical information for cost reduction of logistics costs by 12%.

Chief Financial Officer at NAS Foods PLC
  • Ethiopia
  • February 2014 to February 2018

Private equity investment (American-Dutch), active in FMCG sector with employment of 400+ employees.
Increase the range of produced products, introducing one new brand.
Performed risk assessment and developing internal control procedures, rebuild departmental structure and finance team.
Achieving profitability improvement and turning GP from negative 15% to positive 27%, turning on positive EBITDA and NET PROFIT.
Imperative in debts management and restructured current liabilities to be long-term liabilities while establishing administration & finance policies

Finance Manager at ElSewedy Cables Ethiopia
  • Ethiopia
  • August 2009 to August 2013

Subsidiary of ElSewedy Electric group, active in manufacturing power cables and transformers.
Financially managed all projects within the region operated by holding company (ElSewedy Electric Group).
Recorded reduction in cash cycle by 40%; acquired financing working capital by 90% locally.
Decreasing local currency devaluation risk by 65%.
Instrumental in settling a debate worth US$ 750k with Ethiopian Tax Authority in the favour of the company.

Chief Accountant & Consolidation Supervisor at Travco Group International – Hotels Division
  • Egypt - Cairo
  • January 2007 to August 2009

Subsidiary of Travco Group International Holding and TUI AG, active in hospitality sector.
Preparing quarterly consolidated financial statements, reported to CEO and Egyptian Stock Exchange.
Leveraged skills in corporate administration and designing automated & unified consolidated reporting system
Conducted feasibility Studies for financing CAPEX by 75% for new projects.

Senior accountant at Alpha Chemical Egypt
  • Egypt - Cairo
  • September 2001 to January 2007

Active in manufacturing Chemicals Products & feed additives, Reporting to The Finance Manager.
Held stewardship for monthly closure of accounts
Finalization of schedules to balance sheet and provision for expenses.

Education

Master's degree, Business Administration
  • at University of Leicester
  • July 2017

Master's in Business Administration specialized in Finance.

Higher diploma, Certified Management Accountant
  • at Institution Mangement Accountants (IMA)
  • October 2014

Certification in management accounting, specialized in financial decision making, cost accounting, budgeting and performance evaluation.

Bachelor's degree, Accounting
  • at Faculty of commerce
  • May 2001

Financial accounting, costing accounting, management accounting, taxes, government and NPO accounting, economy and business administration.

Bayt Tests

Management Skills Test
Score 60%

Specialties & Skills

Financial Reporting
Accounting
Financial Analysis
Management
Budgeting
Performance analysis
Communications
Team Leadership
Moral Enhancement
Financial Statements Preparation
Management Reporting
Financial analysis

Languages

English
Expert
Arabic
Native Speaker

Memberships

Egyptian Commercial Union
  • Active Member
  • November 2008
Institute of Management Accountants (IMA)
  • International Member
  • April 2011

Hobbies

  • Sports, travelling and reading
    Through travelling to different countries either for vacation or business, such as Egypt, Ethiopia, UAE, Turkey, France, South Africa, Kenya, Germany and Russia. I learned a lot of things but the most important one to adept that nothing is absolute, everything is relative to the culture point of view (what is a standard in one culture might be a very weird in another one), business or life wise.