Finance Director (acting as a CFO)
SUECAL Pharmaceutical Industries
مجموع سنوات الخبرة :25 years, 0 أشهر
Working as a key person for the Executive Management team, reporting directly to the President and assume a strategic role in the overall management of the group. Having a primary day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the group. This will include direct responsibility for accounting, finance, forecasting, strategic planning, costing, legal, property management, deal analysis and negotiations, investor relationships and partnership compliance.
•Design methods of providing results e.g. monthly, quarterly and yearly report.
•Collaborate accounting data for various non-standard reports and statements.
•Develops, and monitors the proper application of the Accounting Department policies and procedures guidelines ensuring its compliance across the organization.
•Ensures the company’s accounting policies are compliant with regulations of the stipulated Egyptian laws.
•Monitors and approves organization in-and-out cash, and issues monthly cash-flow reports to the Managing Director.
•Liaisons with the external auditor to ensure all observations are implemented in due time and with the level of efficiency required.
•Prepares the company’s financial statements and statistical, reflecting the company’s financial performance and presents to Managing Director for decision making purposes.
•provide management of development of financial planning, reporting, forecasting and analysis.and also be responsible for development and enforcing financial policies and procedures.
•Examining internal control systems of manufacturing, constructing firms.
•Examining cost systems of manufacturing firms.
•Examining the financial statements of many big firms in Egypt and preparing its related auditor’s report.
•Testing the internal control environment, and reporting weaknesses & performance improvement observations to client’s management by preparing the management letters including the observations and its related recommendations.
•Preparing financial statements and financial reporting packages in accordance with specific professional standards or laws other than Generally Accepted Accounting Principles.
•Preparing audit programs.
•Preparing audit planning memorandum.
•Plan and carry out a focused Transaction Services engagements to meet the client’s needs in accordance with KPMG Transaction Services procedures.
•Perform effective fact finding and analysis work and interpret the results to support important conclusions and advice.
•Appreciate the risks inherent in Transaction Services assignments and how these risks should be managed.
•Perform analysis and interpret our analysis to make recommendations to our clients to assist them in assessing the risks and opportunities in a proposed investment/ acquisition.
•Preparing Due Diligence reports.
•Examining internal control systems of many firms.
•Examining cost systems of manufacturing firms.
•Examining the financial statements of many big firms in Saudi Arabia and preparing its related auditor’s report.
•Testing the internal control environment, and reporting weaknesses & performance improvement observations to client’s management by preparing the management letters including the observations and its related recommendations.
•Preparing audit programs.
•Preparing audit planning memorandum.
Working as Internal Audit Supervisor at Arabian Industrial Fibers Company (Ibn Rushd - a SABIC Affiliate) from September 2005 till January 2006. Being Head of Internal Audit Department, reporting directly to the President of the company and the Audit Committee, job responsibilities include:
•Provide information to Executive Management about the overall control system within the Company.
•Evaluate the effectiveness of the internal controls.
•Examine the Standards, Policies and Procedures of the Company and their implementation.
•Help establish various standards, policies and procedures of the company especially in financial management.
•Coordinate with External Auditors and SABIC Auditors.
•Monitor the performance of Internal Auditors.
•Examining internal control systems of manufacturing, constructing firms.
•Examining cost systems of manufacturing firms.
•Examining the financial statements of many big firms in Egypt and preparing its related auditor’s report.
•Testing the internal control environment, and reporting weaknesses & performance improvement observations to client’s management by preparing the management letters including the observations and its related recommendations.
•Preparing audit programs.
•Preparing tax returns and also have reasonable knowledge & background of different types of Egyptian taxes including its related laws and regulations such as \{sales tax - corporate tax (including both withholding & addition taxes) - payroll tax - stamp duty tax\}.
•Preparing audit planning memorandum.
Prepare the adjusting entries, posting to general ledger and prepare the trial balance.
CIA (Certified Internal Auditor) from the IIA (Institue of Internal Auditors) Florida, USA since June, 2010.
Graduate from Faculty of Commerce, Cairo University, major of accounting, May 1999