Magued Fawzy  CFC-MACC-CAT, Finance & Admin Manager

Magued Fawzy CFC-MACC-CAT

Finance & Admin Manager

Al Latifia for Plastic Mesh

Location
Saudi Arabia - Riyadh
Education
Higher diploma, Accounting and Finance
Experience
22 years, 3 Months

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Work Experience

Total years of experience :22 years, 3 Months

Finance & Admin Manager at Al Latifia for Plastic Mesh
  • Saudi Arabia - Riyadh
  • My current job since December 2015

Manage all tasks related to accounts and finance including bank relationship, credit facilities and trading facilities (L/Cs, L/Gs). Participate in developing credit sales policies and procedures. Assessment of new projects’ Feasibility studies. Issuing annual and monthly Financial Statement, manage all external audit matters. Issuing and follow up annual Budget. Issuing and renewal of Zakat Certificate and resolve any issue may arise between Co. and DZIT. Managing Job Order Costing system and monitoring variances. Manage all issues related to administration from Factories or Headquarter including renewal of official documents and certificates.

Accounting Manager, Chief Accountant, Management Accountant at Al Jazirah Vehicle Agency (FORD
  • Saudi Arabia - Riyadh
  • March 2010 to December 2015

Responsible for all areas relating to financial reporting, responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. Addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, yearend audit preparation and the support of budget and forecast activities. Have contact with senior-level Attorneys and the firm’s Executive Director and Controller, which requires strong interpersonal communication skills both written and verbal. • Financial planning • Financial Analysis. Financial control. • Internal/External Audit.

Executive Mile Stones at Entire Career
  • Saudi Arabia - Riyadh
  • March 2002 to February 2010

Cost reduction and controlling variances through development and implementation of Job Order Costing System from scratch.
•Rationale cash expenses and determine expenditure priorities help to manage cash flow smoothly to avoid cash shortage during economic recession.
•Monitoring business progress to achieve targets and take correction actions on time through developing reporting system for top management to monitor and evaluating business activities.
•Accelerate financial reporting process through developing financial modeling for financial reporting which reduce reporting time from one week to 48 hours.
•Facilitate BUDGETING process and accuracy as well new projects’ feasibility studies through using my financial modeling skills.
•Reduces company risks and increase operating efficiency as well as operational economy of scale through developing internal audit department: internal audit charter, manual, setting company risk register, plan the audit assignment, design questionnaires, report audit observation and recommend and follow up correction actions.

Education

Higher diploma, Accounting and Finance
  • at American University at Cairo
  • April 2009

Modern Accounting and Managerial Finance

Bachelor's degree, Accounting and Audit
  • at South Valley University
  • June 2001

Auditing and Accounting - English Section

Specialties & Skills

Financial Planning
Financial Analysis
Audit Management
Strategic Planning
Financial Management
ACCOUNTANCY
BUDGETING
COMMUNICATION SKILLS
CONTROL
FINANCIAL
FINANCIAL ANALYSIS
FINANCIAL PLANNING
FINANCIAL REPORTING
FINANCIAL STATEMENTS
GENERAL LEDGER
Negotiation
Strategic Planning
leadership

Social Profiles

Personal Website
Personal Website

URL removed due to policy violation. Please contact support for further information.

Languages

English
Expert

Training and Certifications

CFM, attendence certificate (Training)
Training Institute:
Institute of Financial Management
Date Attended:
March 2010
CMA, attendence certificate (Training)
Training Institute:
Institute of Management Accountant
Date Attended:
January 2009
Institute of Financial Consultant (Certificate)
Date Attended:
January 2014