Group Chief Financial Officer
'Al-Rowad-Group
Total years of experience :37 years, 10 Months
Business: Manufacturing HDPE pipes, Cement Bricks and interlocks, construction-Infra Structure, and AlRowad Manufacturing complex contains 3 factories operation (UPVC-Injection- Micro ducts).
Responsible for 4 companies
• AlRowad for plastic pipes
• Hafr Albatin concrete
• Golden Arrow for general contracting
• AlRowad complex (3 Factories at Beni Suifs Industrial area)
Responsibilities;
• Responsible for all functions of Finance, accounting, costing, taxation, insurance, banking facilities, and manpower.
• Responsible for all financial aspects of the four companies. Encompassing all management and regulatory reporting, financial restructuring, strategy planning, fundraising and financial controls.
• support strategic business decision-making & planning.
• Set up reporting system and template of reports.
• Convert Manual and Excel systems to ERP system.
• Prepare the Group financial policies and procedures.
• Responsible for financing and source of funds for MTL and STLs contracts from 14 banks.
Business: Electrical, electronic equipment and supplies, Electrical contracting, and Solar projects
• Work for Al Tawakol Electric Gila company in the field of Electrical and electronic equipment and supplies, in contracting, Manufacturing, and trading.
• Gila Al TAWAKOL Electric owns 8 branches and a factory at the 1 0th of Ramadan
Responsibilities;
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate EASs standards and regulatory requirements.
• Prepare and Implement the Group financial policies and procedures in all areas of business.
• Responsible for Finance, accounting, Budgeting, Banking, cost control and Variance analysis, Insurance, preparing the monthly financial statements, Warehouses, Purchasing, and Legal affairs with coordination with the company lawyer.
• Maintain internal control and safeguards for receipt of revenue, costs, budgets, and actual expenditures and communicate for correcting actions when necessary .
• Leverage strengths of finance team members, help to clarify roles and responsibilities, and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
• Handling all kinds of taxes (Corporate tax, VAT, Withholding, Payroll tax, Stamp tax, real estate tax, and applying Double tax treaties), implementing and inspections with tax authorities.
Business: Food and Beverage (Fast Food Restaurants and Coffee shops)
• Work for Alamar Foods in Egypt Work in the field of food Industries, Restaurants, and coffee shop stores.
• Alamar Foods owns and operates 22 Franchised Pizza stores (Dominos Pizza) and 13 franchised Coffee shops (Dunkin Donuts).
Responsibilities;
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate EASs standards and regulatory requirements.
• Responsible for Finance, accounting, Budgeting, Banking, cost control and Variance analysis, Insurance, prepare monthly financial statements, Warehouses, Purchasing, and Legal affairs with coordination with the company lawyer.
• Maintain internal control and safeguards for receipt of revenue, costs, budgets, and actual expenditures and communicate for correcting actions when necessary .
• Prepare and Implement the Group financial policies and procedures in all areas of business.
• Leverage strengths of finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals.
• Handling all kinds of taxes (Corporate tax, VAT, Withholding, Payroll tax, Stamp tax, real-estate tax and apply Double tax treaties), implementing and inspections with tax authorities.
Business: Publishing, printing, Training / Journalism / Trading / Software/ Media / Intellectual content Responsibilities;
• Oversee all accounts, ledgers, and reporting systems ensuring compliance with appropriate EASs standards.
• Consistently analyze financial data and present financial reports in an accurate and timely manner; and monitoring the progress and changes.
• Managing annual budgeting and planning process; administer and review all financial plans and compare to actual results with a view to identify, explain, and correct variances as appropriate.
• Maintain internal control and safeguards for receipt of revenue, costs, and budgets and actual expenditures and communicating for correcting actions when necessaries .
• Prepare and Implementing the Group financial policies and procedures in all areas of business.
• Responsible for all types of taxation.
• Responsible for all risk insurance policies.
• Have excellent banking background and relations facilitate the negotiation process with banks and get the best services and rates in all types of operations.
• Prepare and manage yearly projected cash flow and cash management.
• Supervise and review procurement process and approve all types of POs.
• Involving in group corporate governance process .
• Leverage strengths of finance team members, by clarifying their roles and responsibilities and implement training programs in order to maximize and reach optimal individual and organizational goals.
And Aldiana Makadi Bay: 5 star Hotel at Hurghada.
Business: Aviation / Touristic Investment Responsibilities;
• Responsible to prepare the accounts for Aviation department including all accounting functions and prepare the related statistics.
• Analyzing the Resort performance in regard income statement figures including revenues and occupancy, operating costs for all cost centers and F&B cost analysis.
• Analyzing the employment movement on monthly basis.
• Insure the application of the agreement contract between the owner and the management company.
• Review the tax structure and accurate applications for all kinds of taxations.
• Review the insurance policies.
• Prepare a comprehensive solution for assets control including the software selection and doing the physical counting using Bar Coding system and prepare comprehensive fixed assets register.
Business: Oil & Gas (Exploration & Production) Co. Responsibilities;
• Responsible for Accounting functions G/L, A/P, Treasury, JIB to partners, Cost Recovery, A/R, Revenues (including tax barrels & ECR), and AFE preparation, Budgeting, Variance analysis, prepare the monthly financial statements, Cost control.
• Responsible for all types of taxes (sales tax, Withholding tax, corporate tax, stamp tax).
• Responsible for covering all kinds of insurance policies for the company.
• Responsible for Ideas accounting software system.
Business: Manufacturing the metal Packages Responsibilities;
• Responsible for Finance, all accounting functions G/L, A/P, A/R, Treasury, Cost control, fixed assets management, contracting, Budgeting, Variance analysis, prepare the monthly financial statements with its related ratio analysis, Cost control, warehouses and stock control, Purchasing, Import & Export, Human Resources, Legal, Sales and Administrations affairs.
• Finance Manager
• Chief accounts
Business: Hospitality Industry Responsibilities;
Work For Al-Homaizi Group in Egypt (3 Companies) Work in the field of food Industries, Restaurants and Management. 1. Al-Nowair Food stuff Co. owns and operates 6 fast food Franchised Restaurants (Arbys). 2. Specialty Restaurants Company Co. owns and operates one of the worlds biggest Franchise of Casual Dining Restaurants (Applebees)3. Egypt Creative Concept Co. Operates Blue Nile Boat (Includes 6 continental restaurant concepts): Please check the Mother Company profile in Kuwait
• Responsible for Finance, accounting, Budgeting, Variance analysis, preparing the monthly financial statements, Cost control, Warehouses, Purchasing, Import & Export, Human Resources, Legal affairs with coordination with the company lawyer, and Administration general affairs.
Business: Transportation, Freight & Clearance
• Responsible for the overseas accounts for the forwarding agents all over the world.
• Prepare the monthly financial statements.
Business: Construction
Responsible for the General ledger, cash management, cost control and preparing Payroll sheets.
Faculty of Commerce English section, Studied Accounting, Audit, Management, Etc.