Ramez Sakr

- Drive strategic financial leadership to achieve key business goals.
- Mentor and lead finance teams to excel in their roles and responsibilities.
- Shape financial strategy aligned with overarching company objectives.
- Craft and oversee operating budgets to hit financial targets and forecast future trends.
- Oversee ERP system implementation across group companies for streamlined
operations.
- Establish a robust internal audit framework to maintain compliance with financial and
statutory mandates.
- Manage external contracts and supplier relationships for optimal service delivery and
cost-effectiveness.
- Formulate financial policies for rigorous financial management and business control.
- Provide insightful reporting to management and stakeholder, influencing critical
business decisions.
- Train accounting personnel to enhance financial reporting and operational efficiency.
- Generate comprehensive financial reports, including budgeting, payables, receivables,
and expenditure analysis.
- Evaluate and mitigate financial risks to safeguard company interests.
- Review and consolidate financial reports across group sectors to ensure accuracy and transparency.

• Provide strategic financial leadership, aligning financial strategy with company
objectives.
• Mentor and lead finance teams to deliver accurate and timely reporting.
• Develop and oversee operating budgets and forecasts for real estate and construction
projects.
• Implement ERP systems across group companies, streamlining operations and
reporting.
• Establish robust internal audit and compliance frameworks in line with IFRS and local
laws.
• Manage supplier negotiations and contracts, achieving cost optimization.

- Streamlined company policies and procedures, boosting productivity and ROI.
- Orchestrated budget creation, enforced fiscal controls, and oversaw investment
strategies.
- Guided production and distribution, refining costing, and pricing to elevate profit
margins.
- Negotiated and restructured contracts, cutting costs and enhancing supplier terms for
profitability.
- Delivered comprehensive financial analysis and reports to stakeholders.
- Counseled top management on strategic initiatives, building partnerships, and driving execution agendas.

• Directed financial operations of textile manufacturing and export business.
• Streamlined company policies, improving ROI and productivity.
• Orchestrated budgets, enforced fiscal controls, and oversaw investment strategies.
• Restructured supplier contracts, cutting costs and improving terms.
• Provided comprehensive financial analysis and reports to stakeholders.

• Directed financial management of garment manufacturing operations.
• Negotiated contracts, improving supplier terms and profitability.
• Led strategic business development initiatives, boosting growth.
• Championed process enhancements and standardized documentation for compliance.

I was a partner on this business, it wasnt able to complete due to several reasons can discuss personally if needed

-Ensuring that company is well controlled financially and the accounting systems are maintained according to company regulations and directed to organization’s goals.
-Ensuring the management and financial accounts are on time, with all relevant information that Provides support and guidance on the financial implications of decisions and actions, through a professional presentation skills during business meetings (BOD, GM….etc, ).
-Providing information, analytics and performance metrics to the various top management across the business, reporting performance against plan, preparation of executive/board management information and develop financial and strategic plans for delivery of financial and operating targets for the business.
-Designing, developing and implementing costing systems.
-Processes and prepare (KPIs, financial analysis) and working through for business performance enhancement.
-Reviewing the cash position to put cash plan for the company needs.
-reviewing cash projections reports for the company
-Reviewing aging reports for costumers and follow collections on a daily bases.
-Follow-up with the team all our bank accounts and facilities limit, lines facilities and dues in these banks and manage cash in banks to meet company requirements.
-Reviewing Monthly FX report and plan to make self-hedging
-Follow-up execution of derivatives contracts. - Make and follow-up factoring contracts with factoring company or banks.
-Developing, reviewing and enhancing company processes and procedures to insure the compliance of company regulation.
-Very experienced in building, developing and using financial modeling for monitoring & enhancing company performance which is reflected to control Income Statement items (Operating Revenue, Cost of operation, Gross Profit, EBIT, )
-Work closely with all business unit departments for supporting profit improvement decisions through financial analysis and investigation, contract comparisons, bench-marking for best operating practices.
-Assist and review of 5 years business plan and annual budget preparations process, follow up the monthly budgetary control reports and variances clarifications.
-Identify & implement accounting systems in conjunction with the IT and operation departments.
-Reviewing monthly TB & financial statements BS, IS, assuring the compliance with applicable accounting standards.
-Preparation of sub-plans and executive programs for the administrative affairs in order to achieve the main objectives of the company.
-Attend meetings of the Board of Directors and assist in the formulation and codify the recommendations and decisions of the situation and appropriate plans
-The presidency and managing our organizations regular meetings and assist in the issuance of appropriate decisions based on the facts contained
-Review and audit procedures, and forms and records before being approved by the Managing Director
-Reporting weekly and bi-monthly and monthly and semi-annual and annual Managing Director and discuss these reports at periodic meetings of senior management
- Follow up and monitoring company long term construction contracts (L.T.C), and all related matters which include:
a) Projects contracts “Financially”.
b) Managing and monitoring projects.
Financial position and profitability analysis.
Cash management, bank loans and facilities.
Projects progress and budgetary control reports
- Perform the following supervisory activities:
• Determines work procedures, prepares work schedule and expedites workflow.
• Interprets company policies to employee and enforces safety regulations.
• Perform scheduled and on spot control Tests and Adjusts errors and complaints if recognized.
- Strong and fast ability to understand and go online with any new operations or industrial processes.

• Prepared annual budgets and monitored implementation for cost-effectiveness.
• Implemented compliance and regulatory policies across operations.
• Managed cash flow and established strong relations with banks and institutions.
• Directed and mentored a team of 85+ staff, ensuring financial control and efficiency.

Earlier

KFIC is one of the biggest investment and finance Companies in Kuwait. I joined KFIC as Assistant Manager in financial planning and analysis in Control and Operations Department. My responsibilities is as follows: preparing monthly financial reporting represent the financial position, prepare daily cash flow for each segment in the company, Analyze complex financial data and extract and define relevant information; interpret data for the purpose of determining past financial performance and to project a financial probability, oversee the development of unrestricted funds budgets, research grants and contracts, revenues, and gift accounts. Analyze budget patterns and projects expenditures, oversee the preparation of working papers and approved budgets; ensure that expenditures for budgets, and grants and contracts are monitored and that reports are prepared to maintain balanced accounts, develop and oversee the maintenance of budget monitoring systems, develop complex financial reports for forecasting, trending, and results analysis, use appropriate cost rates, such as indirect and benefit rates for proposed budgets, provide instruction and answer questions relating to budget procedures and identify budget issues, provides alternative solutions, and resolves problems

Audit

I worked in KPMG Hazem Hassan for 4 years, i worked there as an auditor, i have worked there in the following sectors : Banks, Investment companies, services, manufactoring, logidtics and tourism