Finance Director
national Care comoany
Total des années d'expérience :32 years, 10 Mois
NCC is five factories specialised in detergents products (FMCG) like (GENTO exta white and SAFEand one trading ar)m
I have a transferable Iqama
Employer Salem Balhamer group
Reporting to: Reporting to the CEO& Executive Committee
Industry Manufacturing, construction, real state and trading
Achievement Focus on business restructuring (sales, production, warehousing, Finance, )
Maintain a strong control over the cash cycle and stock level resulted in
Update production rec. for all the SKU range coupled with updating the cost, sales price, commission system, and discount system (sales methodology) as a tool for the source of finance for the running business
Set-up a KPI’s project to establish a performance measurement system for the organization on a departmental wise aligned with corporate strategies and objective
. Set up Supply Chain committee to maintain appropriate stock level of inventory to meet the production needs and sales forecast
Develop white list supplier, maintain a strong relationship with the supplier and revisit credit term to extend the terms with all suppliers
Communicate with financial institutions (banks and leasing company) to finance growing up in business whatever short term facility to finance working capital or medium-term facility to finance CAPEX)
and finally implement IFRS for the SMEs company
Special The business with elrashidy leads us to focus
on the cash, costing, for pricing,
Achievement update sales methodology
Developing Costing system including direct costing system and cost re-allocation process to allocate overhead on a reasonable manner
Minimize cash conversion cycle through effective management of inventory payable and receivable days on hand
Special With elsewedy I focused on the cash convention cycle and inventory level
Achievement and supply chain with an accurate costing system to serve pricing methodology
Set-up a supply chain committee to facilitate business process while maintaining stock level sufficient to the business need
Issued a consolidated financial statements for the 4 business units
back to the business acheivement
Achievement - Implement ERP (G.P) financial and operation
- Set up (costing optimization project), and develop the applied costing system resulted in decreasing in cost per unit which affect sales price positively. And consequently achieving growth in turn over by 10%
- Responsibilities also included revaluating the company's file for a purpose of acquisition of 100% equity stack of the company by other investor
Achievement -Implement ERP (Fourth shift) financial and operation
-Set up a costing and budgeting system (zero base budgets) resulted in modifying the sales and production mix in addition, Decrease in cost (direct & indirect) and maximize in N.P by 4%
-Participate (as a project member) in revaluating, restructuring the company for a purpose of acquisition of 100% equity stack of the company by HERO
Responsibility (in Regular Audit ) with KPMG
Planning of audit engagement of various clients
Auditing various entities including finance industrial and entertainment
Review of control environment and related effect on the financial statements
Evaluate risk related to management's and monitor audit team
Report and discuss audit conclusion to audit committee
Develop accounting cycle, bookkeeping and internal control system for a various clients
Responsibility (in information risk management ) with KPMG
System development and program changes: including review of developing, testing approval and implementation of system software.
Review control environment within which the computer system are operation including physical control, organization and administration, segregation of duties
Examination of it environment (including software, hardware, communication, policies and procedures) for a large number of clients
Recommend the required development to ensure the various IT components are strategically sound, reliable, secure and cost justified,
Assessment information risk area and compensated controls,
Planning, selection, implementation, and support of information technology infrastructure
In addition, participate in a number of due diligence assignment covering financial assessment, performance evaluation and business advisory
book keeping, inventory control, supplier and payable accounts, monthly closing