Group CFO
El Sewedy Industries
Total years of experience :14 years, 9 Months
Career Related Experience
Current Job since September 2009, CFO of El Sewedy Industries Group
• Directs the overall financial plans and accounting practices of the Group's Companies
• Oversees treasury, accounting, budget, tax and audit activities of the organization and subsidiaries
• Oversees financial and accounting system controls and standards and ensures timely financial and statistical reports for management and/or Board use
Corporate Financial Planning Director, El Sewedy Electric, May 2009
• Setting and maintain the Group’s 5-Year Business Evaluation Module
• Responsible of the Group’s Budgets and Plans (51 companies), Setting & Controlling
• Conducting all the Feasibility Studies needed to decide and approve any new investment(s)
Joining El Sewedy Cables in November 2001, as a Financial Manger then a Financial Director then a CFO of the Special Cables & Magnet Wires Division since June 2006
• Develop, Control and monitor the Corporate Financial Plans and accounting standards across the Special Cables & Magnet Wire division, in charge of four manufacturing companies; United Industries, United Steel Wire, El Sewedy Transformers, El Sewedy New Special Cables. Also Act as a Financial Consultant for Iskraemeco International (meters company)
• Manage and Gear-Up all the financial function; Financial Accounts, Management Accounts, Warehouses and Treasury
• Responsible of preparing both strategic and annual business plan (budgets), and communicate monthly the business actual results to all the departments compared with its corresponding budget(s) and also its historical data, focusing on growth, returns, profitability, materiality, progress ratios …..etc
• Also, considered as an effective party in most of the companies and the group’ strategic decisions
Corporate Senior Financial Analyst, Integra, March 2001
• Responsible for preparing comprehensive and flexible sets of Financial Analysis or doing any Feasibility Study, which are required to evaluate any client’s current or on-going Financial Position
• Suggest and structure the needed finance plan for those who need an advice to start-up a healthy business
• Restructure, recommend and find-out solutions for those who have a straggling Financial Position and suffering from liquidity Problems
Finance Manager, Unilever Egypt, January 2000
• Managing all the Financial activities in the Head Quarter Office, Maadi
• Global System Administrator (MFGPRO)
• Joining the Management Dep. Partially in issuing the Annual Plan of 2001 for Unilever Mashreq, in which a great gathered information are required regarding Brands/Categories Profitability, Trading Results, Working Capital, Capital Expenditure Operating Cash Flows…etc,
Project Accountant, Unilever Egypt, January 1998
• Responsible of the General Ledgers integration after the merge of Fine Foods and Lever Egypt, the main objectives of which is to unify the Accounting structures, Policies, Budgets, Cost Centers and Financial Reports and managing the required training issues for the Financial Staff
Financial Accountant Assistant, Lever Egypt, October 1992
• Responsible of the GL Section
• Implement Sun Account System and became the system administrator later on
• Tracing the company’s budget achievement (Sales and Overheads) and setting up the needed analysis
• Joining the Implementers Team of MFGPRO
• Promoted to be the Treasury Manager in January 1997
Accountant, Parfico, November 1981
• Learnt and acquired the knowledge of different accounting functions ( Account Receivable, Account Payables, Fixed Assets
• Responsible for Customer Accounts
• Responsible of Implementing AS400 Computer System
Certified Public Accountant