Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
Generic

Ahmed Darwish

Finance Sr. Manager
6 October

Summary

Experienced Financial Professional with 17 years in supply chain finance, budgeting, financial planning, accounting, and financial control. Skilled in providing strategic support for business decisions through accurate data insights, have strong communication and collaboration, effectively translating complex financial concepts for cross-functional teams, and committed to compliance and continuous improvement to drive strategic value across financial operations.

Overview

18
18
years of professional experience

Work History

Finance Sr. Manager

Americana Food Company I Snacks CLuster
07.2023 - Current
  • Lead COGS, OPEX and CAPEX workflow with high accuracy, proper allocation and detailed analysis covering all categories "Snacks, Potato Chips, Biscuits, and Cartons".
  • Management SC OPEX through monthly reviews and meetings to proactively address gaps.
  • Follow up closely all SC matrices and KPIs
  • Partnered with the procurement team to monitor core commodity prices, forecasts, and strategic plans, enabling effective cost management.
  • Lead cost-conscious initiatives across SC functions (C3 initiatives), generating annual savings of over $7M.
  • Management NWC KPIs by focusing on targeted DIO, DPO, and DSO, with initiatives that drive improvements in NWC.
  • Managed the annual CAPEX process (over $10M), overseeing approval workflows, implementation timelines, and ROI assessments post-implementation.
  • Lead SC annual budget, S&OPs and strategic plans to align with company-wide objectives.
  • Worked with senior management on strategy development and execution planning.
  • Utilized effective communication techniques to build relationships with stakeholders at all levels of the organization.
  • Managed multiple projects and priorities in a fast-paced environment.
  • Analyzed data from various sources to identify trends and make actionable recommendations for improvement.
  • Consistently met and exceeded company goals.
  • Led cross-functional teams to drive organizational objectives.
  • Demonstrated expertise in budgeting and financial management, enabling cost savings of 10% year-over-year.
  • Managed multiple high-priority projects simultaneously while meeting tight deadlines.
  • Reviewed monthly financial results with partners to identify opportunities to improve profitability.

Financial Controller

Egyptian Canning Co. I Americana Food
01.2019 - 07.2023
  • Enhanced the relationship with the regional team by focusing with the planning team on the deadlines and deliverables and by focusing on the forecasting process to enhance the forecast accuracy.
  • Helping to achieve the objectives and plans of the company and propose alternatives that increase profitability and cash flow.
  • Play a vital role to reduce the cash conversion cycle seeking to have a stable cash position
  • Collaborated in launching a shared service center at Americana food Playing a vital role to raise the BS quality and to be provided with all supported analysis, aging, confirmations ....etc.
  • Implemented control environment and closed all critical audit points. Manage a Manage a ZBB approach and conduct monthly meetings to be monitored
  • Successfully implemented an ERP system upgrade including a new costing module.
  • Apply all Financial policies in the unit to meet the Americana Group target Succeeded in changing the department culture from the typical accounting department to real business partners to match the international modern finance culture.
  • Collaborated with IT department to re-implement and enhance Oracle accounting system, increasing both work efficiency and the control environment.
  • Drive the company agenda by setting KPIs
  • Managing the monthly closing activities, to ensure that all entries are accounted for correctly in accordance with the accounting standards and accounting principles.
  • Have a very good knowledge of accounting
  • Enhance the BS accuracy and reclassify the accounts to be matched with the group consolidations reports.
  • Having excellent feedback in all BS reviews over 3 years from Americana internal audit

Finance Supply Chain Controller

Egyptian Canning Co. I Americana Food
01.2016 - 12.2018
  • Possess a very good awareness of raw material planning.
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
  • Prepare feasibility studies, determine the project IRR, profitability index and cash back period using NPV
  • Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
  • CAPEX controller
  • Prepare the annual budget along with all financial statements
  • Provide financial analysis and insight into the following areas: (product cost, product gross margin, customer gross margin, operational cost (labor & overhead), materials variance (Quantity, Price), capacity utilization, fixed and variable cost analysis for break-even.
  • Monitor profit margin continuously through determination of the
  • fluctuations in various cost elements (RM prices, O/H, etc...) and analyze their impact on gross margin, the impact of sales price, volume, mix (PVM analysis) and raise the highlights to senior management to support decision making.
  • Excellent awareness of standard accounting system through allocating the direct materials with its standard cost and the direct labor cost based on budgeted rates, then allocating variances to financials, finally investigate about variances to improve the performance
  • Deep diving in Manufacturing expenses and all conversion cost seeking to the initiative opportunities
  • Follow a full monitor process to measure the plant efficiency and effectively Possess a very good awareness of raw material planning
  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
  • Prepare feasibility studies, determine the project IRR, profitability index and cash back period using NPV Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
  • Prepare the annual budget along with all financial statements Provide
  • financial analysis and insight into the following areas: ( product cost, product gross margin, customer gross margin, operational cost (labor & overhead), materials variance ( Quantity, Price ), capacity utilization, fixed and variable cost analysis for break-even

Costing Section Head

Egyptian Canning Co. I Americana Food
01.2012 - 12.2015

Senior Accountant

Egyptian Canning Co. I Americana Food
01.2009 - 12.2012

Accountant

Green Land Co. I Americana Food
01.2007 - 12.2009

Education

Accounting

Faculty of Commerce
Egypt
06-2006

Skills

Strategic Planning

Accomplishments

Manufacturing Costing system Nov'15 to May'16

Established full manufacturing system for new plant (Beans Canning) on ERP system and simulate the same business model in the main factory in Dubai and put the entire perception of the operating cycle, for all supply chain process until it became more accurate and disciplined cost system


Finance Shared Service Center Mar'21 to Sep'21

Participate in the launching of the Shared Service Center on Americana Egypt

to facilitate all AP and GL transactions for all factories to be through SSC, seeking to standardize the process overall AMC entities, have proper segregation of duties, and have a full view of all gaps that may need enhancements and then go directly on the new ERP on the cloud with a similar unified process for Americana Egypt entities


CAPEX Automation Workflow 2024

Effectively contributed to the CAPEX workflow automation project by streamlining the entire approval process, establishing a permanent digital archive, and implementing detailed analyses for each CAPEX item to enhance decision-making and operational efficiency.

Timeline

Finance Sr. Manager

Americana Food Company I Snacks CLuster
07.2023 - Current

Financial Controller

Egyptian Canning Co. I Americana Food
01.2019 - 07.2023

Finance Supply Chain Controller

Egyptian Canning Co. I Americana Food
01.2016 - 12.2018

Costing Section Head

Egyptian Canning Co. I Americana Food
01.2012 - 12.2015

Senior Accountant

Egyptian Canning Co. I Americana Food
01.2009 - 12.2012

Accountant

Green Land Co. I Americana Food
01.2007 - 12.2009

Accounting

Faculty of Commerce

Similar Profiles

CREATE PROFILE
Ahmed DarwishFinance Sr. Manager