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Hisham Abou Elfotouh, Finance Manager

Hisham Abou Elfotouh

Finance Manager·Sharjah Airport Travel Agency – SATA

United Arab Emirates

Master's degree, International Management

Work experience

Total years of experience: 23 years, 11 months

Finance Manager

May 2024 - Present

Sharjah Airport Travel Agency – SATA

Sharjah, United Arab Emirates

May 2024 - Present

• Improved monthly closing cycle from 15 days to 9 days by streamlining reconciliations and standardizing
reporting workflows.
• Enhanced management reporting speed and accuracy, delivering automated MIS dashboards and
reducing manual work by over 80%.
• Strengthened cash flow visibility by implementing weekly cash forecasting, improving short-term liquidity
planning
• Oversaw multi-branch AP/AR and BSP transactions (~AED 8-20M monthly volume) with improved aging
control and timely settlements.
• Lead budgeting, forecasting, and cash flow planning across multiple branches, improving liquidity
visibility.
• Prepare monthly and annual financial reports, MIS dashboards, and management presentations.
• Ensure compliance with UAE VAT, financial policies, and internal controls to reduce compliance risks.
• Oversee AP/AR, BSP settlements, supplier payments, revenue recognition, and reconciliations.
• Manage financial integration between Smart Travel Booking and Systrix systems to automate reporting.
• Support strategic planning and business expansion through financial modeling and performance analysis.
• Supervise & develop a 25-member finance team, improving workflow accuracy and accountability.

Company industry:
Travel Agency
Job role:
Accounting and Auditing

Finance Manager

May 2024 - Present

Sharjah Airport Travel Agency – SATA

Sharjah, United Arab Emirates

May 2024 - Present

. Improved monthly closing cycle from 15 days to 9 days by streamlining reconciliations and standardizing
reporting workflows.
• Enhanced management reporting speed and accuracy, delivering automated MIS dashboards and
reducing manual work by over 80%.
• Strengthened cash flow visibility by implementing weekly cash forecasting, improving short-term liquidity
planning
• Oversaw multi-branch AP/AR and BSP transactions (~AED 8-20M monthly volume) with improved aging
control and timely settlements.
• Lead budgeting, forecasting, and cash flow planning across multiple branches, improving liquidity
visibility.
• Prepare monthly and annual financial reports, MIS dashboards, and management presentations.
• Ensure compliance with UAE VAT, financial policies, and internal controls to reduce compliance risks.
• Oversee AP/AR, BSP settlements, supplier payments, revenue recognition, and reconciliations.
• Manage financial integration between Smart Travel Booking and Systrix systems to automate reporting.
• Support strategic planning and business expansion through financial modeling and performance analysis.
• Supervise & develop a 25-member finance team, improving workflow accuracy and accountability.

Company industry:
Travel Agency
Job role:
Accounting and Auditing

Finance Manager

October 2023 - May 2024

QANAWAT Connect Solutions L.L.C (UAE)-

Dubai, United Arab Emirates

October 2023 - May 2024

• Managed full finance cycle including budgeting, cash flow, payables, receivables, and general ledger.
• Prepared monthly management financial statements and coordinated external audit requirements.
• Improved cost control measures and enhanced financial reporting accuracy.

Company industry:
Telecommunications
Job role:
Accounting and Auditing

Senior External Audit Manager

May 2022 - September 2023

Rödl Middle East International Accountants & Consultants-Egypt (RME)

Cairo, Egypt

May 2022 - September 2023

• Led audit engagements for 30+ clients, ensuring 100% compliance with IFRS and local regulatory
standards.
• Enhanced audit methodologies and internal controls, reducing financial and operational risk exposure by
18%.
• Presented clear, data-driven audit findings to senior management and stakeholders, influencing strategic
decision-making.
• Mentored and developed a team of 6 auditors, improving team performance and audit quality metrics.

Company industry:
Financial Auditing
Job role:
Accounting and Auditing

Group Finance Manager

April 2019 - April 2022

WB Technologies Group Kuwait (UAE -KSA –

Al Kuwait, Kuwait

April 2019 - April 2022

• Directed group-level financial planning, budgeting, and consolidation, improving reporting accuracy and
reducing month-end close cycle by 20%
• Negotiated banking facilities and optimized working capital, resulting in 15% cost savings on debt and
financing.
• Strengthened internal controls and streamlined processes, ensuring 100% compliance and timely
monthly and annual closings.
• Led and developed a 10-member finance team, enhancing productivity and achieving measurable
performance improvements across all branches.

Company industry:
Consumer Electronics
Job role:
Accounting and Auditing

group finance manager

February 2011 - April 2022

WB Technologies Group Kuwait (UAE -KSA – Qatar)

Al Kuwait, Kuwait

February 2011 - April 2022

• Directed group-level financial planning, budgeting, and consolidation, improving reporting accuracy and
reducing month-end close cycle by 20%
• Negotiated banking facilities and optimized working capital, resulting in 15% cost savings on debt and
financing.
• Strengthened internal controls and streamlined processes, ensuring 100% compliance and timely
monthly and annual closings.
• Led and developed a 10-member finance team, enhancing productivity and achieving measurable
performance improvements across all branches.

Company industry:
Retail & Wholesale
Job role:
Finance and Investment

Finance Manager

March 2018 - March 2019

Bukhamseen International Group Contracting Kuwait

Al Kuwait, Kuwait

March 2018 - March 2019

• Prepared budgets and cash flow forecasts, improving forecast accuracy by 25% and enabling better
liquidity management.
• I Implemented internal controls and cost-monitoring procedures, reducing operational expenses by
10%.
• Monitored costs, analyzed variances, and provided actionable insights, leading to improved project
profitability.
• Supervised and mentored a 6-member finance team, boosting efficiency and accountability.

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Internal Audit Supervisor

February 2010 - January 2011

International Holding Projects Group,

Al Kuwait, Kuwait

February 2010 - January 2011

Company industry:
Real Estate
Job role:
Accounting and Auditing

Senior External Auditor

March 2007 - January 2010

Rödl Middle East (Previously BDO Burgan),

Al Kuwait, Kuwait

March 2007 - January 2010

Company industry:
Financial Auditing
Job role:
Accounting and Auditing

Internal Auditor

May 2004 - February 2007

EASA HUSAIN AL-YOUSIFI & Sons Co. (Panasonic),

Al Kuwait, Kuwait

May 2004 - February 2007

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Senior Accountant

August 2002 - April 2004

SWIFTEL INTERNATIONAL,

Al Kuwait, Kuwait

August 2002 - April 2004

Company industry:
Telecommunications
Job role:
Accounting and Auditing

Education

Swiss Business School

July 2020

July 2020

Master's degree, International Management

Kuwait

GPA (point): 3.7 out of 4

GPA (point): 3.7 out of 4

Focus: Finance Management, Human Resources, and Marketing in an international context.

Tanta University

May 2001

May 2001

Bachelor's degree, Accounting

Egypt

GPA (rating): Satisfactory

GPA (rating): Satisfactory

Focus: Accounting theory and practical financial practices, preparing for professional, commercial, and economic business environments.

Skills

BUDGETING
Intermediate
BUDGETING
Intermediate
AUDITING
Intermediate
AUDITING
Intermediate
CASH FLOW MANAGEMENT
Intermediate
CASH FLOW MANAGEMENT
Intermediate
E COMMERCE
Intermediate
E COMMERCE
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
EXPENSE REPORTS
Intermediate
EXPENSE REPORTS
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FORECASTING
Intermediate
FORECASTING
Intermediate
STRATEGIC DECISION MAKING
Intermediate
STRATEGIC DECISION MAKING
Intermediate
TELECOMMUNICATIONS
Intermediate
TELECOMMUNICATIONS
Intermediate

Languages

Arabic

Beginner

English

Beginner

Memberships

Commercial Syndicat

active

May 2002

Training and Certifications

Certifications
Internal Auditor Training for Quality Management System (ISO 9001:2015)
International Management

Hobbies and interests

Football