Chief Financial Officer - CFO - Board Member - IMEA Tax Manager
Henkel
مجموع سنوات الخبرة :28 years, 4 أشهر
Achievements and Contributions
• Board member in 6 legal entity till today
• Developing and implementing Financial performance dashboard for board of directors and investors in 6 legal entity
• Leading new factory project with budget 50 MEUR in Henkel Egypt.
• Managing task force group for foreign currency crisis in Henkel Egypt
• Leading 50 employees in local and in regional level and developing leadership and development plan ( 5 MBA holders and 15 CMA holders and 5 CPA holders)
• Leading high potential team by developing 3 local CFO successors in 3 countries
• Improve cost structure and profitability in more than 150 brands in 4 different countries
• Develop efficient product costing in 8 factories in 6 legal entity
• Lead successful acquisition in Jordan throw acquiring factory in Jordan
• Lead 2 big restructure program on Iran and Egypt reducing head count by 80 employees and reduce legal entity from 4 to 2
• Implement SAP in 4 legal entity being Key user for FICO modules
• Winning best finance award in Henkel worldwide by developing and implementing process control for variance implemented in all IMEA factories
• Developing automatic system to evaluate feasibility and profitability of new SKUs, new brands, projects, promotions and implemented in 5 countries
• Implement new process which enhance cash net working capital
Responsible for establishing company-wide objectives, policies, procedures, processes, programs, and practices to assure the company of a continuously sound financial accounting structure
Responsible for:
• Being Strategic Advisor throw bringing a disciplined financial acumen with the role of strategic planning delivered through a strong and confident presence.
• Focus on building confidence with the CEO and the board to assist in both the business financial fundamentals in addition to longer-term business strategies and plans.
• Communicate strategic direction throw providing greater leadership to act as the voice and conscience of the organization, providing confidence in the direction of the organization, and as the back of the CEO.
• playing a critical role in the strategic planning process throw focusing to three to five year plan
• interpreting and anticipating risk, being an objective advocate and understanding the greater business context were seen as critical to ensuring the success of businesses
• Drive future business performance throw leading the development of forward focused business planning that takes into consideration the business and longer term marketplace outlook
• Control the cash flow position throughout the company, understand the sources and uses of cash and maintain the integrity of funds, securities and other valuable documents.
• Establish accounting policies and procedures for credit and collections, purchasing, payment of bills, and other financial obligations.
• Managing statutory & tax obligations, hidden liabilities in the form of contingencies, leases, or insurance summaries, and expectations from loan covenants and/or the board of directors.
• Responsible for overseeing the budget process, collecting the inputs, and comparing the company’s actual performance with estimates.
• Responsible for ensuring company compliance with financial regulations and standards, like Tax Code, GAAP and IFRS.
Responsible for establishing company-wide objectives, policies, procedures, processes, programs, and practices to assure the company of a continuously sound financial accounting structure
Responsible for:
• Control the cash flow position throughout the company, understand the sources and uses of cash and maintain the integrity of funds, securities and other valuable documents.
• Establish accounting policies and procedures for credit and collections, purchasing, payment of bills, and other financial obligations.
• Managing statutory & tax obligations, hidden liabilities in the form of contingencies, leases, or insurance summaries, and expectations from loan covenants and/or the board of directors.
• Understand the company business model for generating customer value and translate the operational metrics into measures for performance.
• Supports the company’s accounting and financial functions using job descriptions, policies, and procedures, and methods for automating document control.
• Responsible for overseeing the budget process, collecting the inputs, and comparing the company’s actual performance with estimates.
• Establish and execute programs for the provision of capital required by the company, including negotiating the procurement of debt and equity capital and maintaining the required financial arrangements.
• Responsible for the financial aspects of all company transactions including real estate bids, contracts, and leases. Provides insurance coverage, as required, ensures the maintenance of appropriate financial records, prepares required financial reports, insures audits are completed in time and statutory book closing occur.
• Responsible for ensuring company compliance with financial regulations and standards, like Tax Code, GAAP and IFRS.
• Analyzes company shareholder relations policies, procedures, and information programs, including the annual and interim reports to shareholders and the Board of Directors, as well as recommends to the President new or revised policies, procedures, or programs when needed.
Responsible for all financial and fiscal management aspects of 2 Legal Entity ( Henkel Pakvash and Henkel Industry ) with 2 business unit detergent and Adhesives. Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company
Financial Leadership:
• Planned, directed, organized and synchronized the financial functions of the organization by applying finance/accounting principles.
• Evaluated the organization’s fiscal performance and advised impact on the long term planning.
• Have taken a key role as a strategic planner of the company’s short and long term planning sessions.
• Analyzed financial reports, cash flow and budget to assist senior management executives in enhancing performance.
Selected Contributions:
• Developed financial data/tools to provide delicate information to the CEO and the company’s board and senior management team.
• Suggested and assisted in cross company plans, selection of investment advisors and auditors for the firm.
• Prepared and documented the monthly profit-loss statement to be presented before the board
• Monitored the cash flow in the firm to ensure the smooth flow of finances.
• Supervised and guided the accounts operation to ensure the timely and accurate maintenance of accounts.
• Coordinated in the proper and timely fulfilment of tax returns and various Audits.
Responsible for managing financial risks of the company, financial planning and record keeping as well as financial reporting to higher management. Encompass communicating financial performance and forecasts
Responsible for:
* Projections and forecasts
* Due diligence related to mergers or acquisitions
* Budgeting
* Assistance in tax structuring of a sale or acquisition
* Loan packaging
* Technology needs analysis
Selected Contributions:
• Participate in the acquisition process and due diligence for Henkel Jordan
• Higher and manage 30 headcount and develop carrier plan
• Presenting and reporting accurate and timely historical financial information of the company
• Determining the best mix for Capital Structure
• Project the long-term financial picture of the company
Enhancing the financial controls inside the companies using different financial tools, analysis, activities performance appraisal and comparisons to pre-established plans. Impose the financial controlling over the operations. Implementing of costing systems according to the industry changes. Developing financial policies and procedures inside the group. Conceptual developing for activities controls. Responsible of companies’ monthly financial reporting and consolidated financial statements. Analyzing the company’s financial performance. Preparing the business plan for the whole group. Responsible of appraisal of the company’s various business activities either current or initiatives. Supplying the top management with all potential cost and financial studies regarding new investments and new product plans in addition to all necessary decision making data, Reporting to Henkel Egypt CFO
Responsible on 4 Branches for audit and analyze all Expenses and all cash inflow and out flow and auditing the Expenses and revenue for all Branches and analysis the Expenses and revenue per Car.
Responsible on creating all entry and audit all Expenses and revenue and create cost center report and issued trail balance and income statement for all company
Diploma in advanced financial management from london School of Business and Finance
MBA
CMA part 3
Training course