وائل سويلم

Interim Group CFO في Thebes and Nahda group subsidiaries of Abraaj private Equity education sectors

• مصر - القاهرة
• أشغل هذه الوظيفة منذ أغسطس 2015

Partner with Group CEO in formulating strategies plan, policies and objectives for the company and development in medium and short-term plans. Provided feedback and recommendations for Board /CEO to improve the business
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Handle communication with government agencies, auditors and legal and tax other profession advisers including advisers
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Establish budgeting & reporting process through assessment of business lines in development of their targets and test reasonableness of budget assumptions to reflect the group strategy
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Periodic monitoring of the company financial performance against pre-set performance goals, business Key Performance Indicators \[KPIs\] and recommend corrective action to management and ensures that preventive/ corrective actions are taken
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Responsible for the control and reporting of the group entity, maintaining robust and timely financial reporting in compliance with Local GAAP, IFRS reporting, improved the accuracy of financial information by establish monthly/year-end closing processes
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Provide feedback to management regarding the feasibility of the new project along with impact of tax planning.
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Identify and analyze business risk through development of risk register and related management control to mitigate the risk. Ensures that the company’s assets are adequately protected through an effective risk management
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Enhance internal control policies, guidelines, procedures on activities level to ensure adherence to company policies. In addition to clearing all findings identified by our consultant
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Establish new cost system and expense drivers for the business control and active participation in cost reduction initiatives
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Ensure that Group activities are performed in accordance with Authorization Matrix, report any deviation and recommend solutions.
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Improve the current ERP reporting system and lead the implementation of new ERP system to improve the type, quality and time of finical information provided to management needed to monitor the business
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Eliminate the GAAP between the ERP system and manual recorded during the implementation
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Establish treasury function to ensure adequate cash flow meet the organization's needs and identifying new funding opportunities.
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Prepare weekly cash flows forecasts and reporting including working capital management and Capex project

A.Manager في PricewaterhouseCooperes [ PwC ] Egypt

• مصر - القاهرة
• أشغل هذه الوظيفة منذ أبريل 2006

Financial Due Diligence :

Obtained understating of the client industries sufficient to identify the business risk and key deal Issues and reported to the client. Assessed quality of earnings which reflect the actual book value of the company based on the business information.
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Assessed the company accounting policy and procedure implemented by the company for complaisance with Egyptian Accounting Stander (EAS) or International Financial Reporting Stander (IFRS) and identified the effect on the financial statement


A. Manger at Assurance :

Ensure that all engagement deliverables and reports were ready by the deadlines and that the engagements were completed effectively and within the budgeted time
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Develop audit planning strategy by assessments of client acceptances, materiality, fraud risk, client business risk, internal control to identify potential misstatements and provide business advice.
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Oversee the execution of the audit plan according to plan, budget and provide on the job training for the team.
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Ensure that audit evidence obtain confirmed audit conclusion and final analytical procedure.
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Oversee matters, advisory comments identified through the audit, discuss with leader and cleared with client's management.
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Review the financial statements and audit report for compliance with professional standards and the firms’ policies and procedures.
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Convert finical statements prepared in accordance with the Egyptian Accounting Stander (EAS) to International Financial Reporting Stander (IFRS) to meet the reporting requirement
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Assessed the company Internal Control Component (COSO) element for special purpose requirement (SOX reporting)
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Perfumed assurance services to establish the validity of forensic evidences related to fraud and white-collar crimes such as embezzlement or fraud or investigate suspected fraud.
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Assessed tax risk assurance client and reviewed the income tax return before filed
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Member of the tem responsible for implement and improved control of PwC Egypt Office
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Participate in technical training on new accounting and audit issued

Interim Finance Director في Cairo Medical Center subsidiaries of Abraaj private Equity healthcare sectors

• مصر - القاهرة
• يونيو 2014 إلى يونيو 2015

Interim Finance Director في Omia Investment Group [OIG] subsidiaries of EFG Hermes private Equity

• مصر - القاهرة
• يونيو 2010 إلى يونيو 2012

Manager في Grant Thornton Egypt

• مصر - القاهرة
• أغسطس 1996 إلى مارس 2006