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Shady Atef, Financial Manager

Shady Atef

Financial Manager·Ultramed International General Trading Company

Kuwait

Bachelor's degree, Accounting

Work experience

Total years of experience: 14 years, 1 months

Financial Manager

December 2020 - December 2025

Ultramed International General Trading Company

Sharq, Kuwait

December 2020 - December 2025

Financial Strategy & Growth
• Budget Oversight: Managed a KWD 5M budget while ensuring full compliance with regulatory requirements to
maintain organizational financial health.
• Revenue Generation: Developed monthly performance reports for senior management, driving strategic
initiatives that increased year-over-year revenue by 20%.
• Investment & Expansion: Strategically identified and launched new business activities and investment
opportunities to diversify company revenue streams.
• Growth Benchmarking: Established financial targets and KPIs for the sales team to ensure realistic and robust
corporate growth.
Operational Efficiency & Cost Control
• Process Optimization: Implemented a new budgeting system that reduced preparation time by 30%, enabling
agile financial planning.
• Cost & Pricing Management: Conducted detailed reviews of cost structures, sales pricing, and profit margins
for every agreement to safeguard profitability.
• Profitability Improvement: Uncovered KWD 50K in savings by identifying discrepancies in financial reports and
optimizing resource allocation.
• Cash Flow Management: Established robust credit and collection policies to minimize financial risk and
optimize liquidity.
Leadership & External Relations
• Team Leadership: Mentored and guided a team of 4 finance professionals, increasing departmental
productivity by 25%.
• Vendor & Procurement: Led negotiations with suppliers to secure favorable contracts, payment terms,
and discounts, while providing marketing support to key vendors.
• Banking & Stakeholders: Managed daily financial transactions and direct communications with banks,
clients, and suppliers to ensure seamless operations.
• Financial Reporting: Executed accurate daily, weekly, and monthly closures, providing the analytical
data necessary for investor-level decision-makin

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Accountant & Administration Assistant

April 2015 - December 2020

Ultramed International General Trading Company

Sharq, Kuwait

April 2015 - December 2020

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• Daily Accounting Operations: Managed all daily accounting entries, maintained the general ledger,
and prepared essential financial reports.
• Reconciliation & Verification: Performed comprehensive bank and customer reconciliations to
ensure the accuracy of financial records and outstanding balances.
• Internal Auditing: Audited financial documents for compliance and accuracy, resolving
discrepancies to maintain data integrity.
• Sales Integrity & Compliance: Reviewed all sales operations to verify full alignment with
established agreements and commercial terms.
• Inventory & Logistics Oversight: Monitored warehouse activities, supervising the issuance and
receipt of goods to ensure accurate inventory tracking.
• Cross-functional Support: Provided vital financial support to the sales and customer service teams
to facilitate smooth business operations.

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Senior Account Manager

June 2011 - September 2014

Titanic Palace Resort Hotel

Hurghada, Egypt

June 2011 - September 2014

• Managed payables and receivables accounts in local and foreign currency.
• Prepared daily and monthly reports including cash flow statements.
• Conducted supplier reconciliations and bank transactions.

Company industry:
Tourism, Museum, & Cultural
Job role:
Accounting and Auditing

Education

Assiut University

June 2010

June 2010

Bachelor's degree, Accounting

Egypt

GPA (percentage): 65%

GPA (percentage): 65%

Bachelor of commerce _2010 _ Major(Accounting )_ Assiut University _ Egypt

Skills

HR Operations
Expert
HR Operations
Expert
Analysis
Expert
Analysis
Expert
Management
Expert
Management
Expert
Sales
Expert
Sales
Expert
Accounting
Expert
Accounting
Expert
BUDGET DEVELOPMENT
Intermediate
BUDGET DEVELOPMENT
Intermediate
BUDGETING
Intermediate
BUDGETING
Intermediate
BUSINESS PROCESS IMPROVEMENT
Intermediate
BUSINESS PROCESS IMPROVEMENT
Intermediate
CERTIFIED FINANCIAL MANAGER
Intermediate
CERTIFIED FINANCIAL MANAGER
Intermediate
COMPLEX PROBLEM SOLVING
Intermediate
COMPLEX PROBLEM SOLVING
Intermediate
DATA DRIVEN DECISION MAKING
Intermediate
DATA DRIVEN DECISION MAKING
Intermediate
DECISION MAKING
Intermediate
DECISION MAKING
Intermediate
OPERATIONS
Intermediate
OPERATIONS
Intermediate
REVENUE GROWTH
Intermediate
REVENUE GROWTH
Intermediate
STRATEGIC PLANNING
Intermediate
STRATEGIC PLANNING
Intermediate

Social profiles

Languages

English

Intermediate

Arabic

Native Speaker

Training and Certifications

Certifications
Education DTMS ( Development of Thinking and Managerial Skills)
Assiut university
Jul 2010
Scholarship from Ministry of Trade & Industry
Jul 2011 - Aug 2011
ICDL (International Computer Driving License).
Jul 2011 - Nov 2011
American diploma to preparing accountant
Feb 2011 - Apr 2011
Accounting and commercial applications by computer
Mar 2010 - Apr 2010

Training
Certificate in International Financial Reporting (IFRS)
inspire
CFM (Certified Financial Manager)
GAQM. inspire

Hobbies and interests

Accounting Software
Staying updated with tech trends
Reading
Travel
make new friends