Hi, I’m
Ahmed Shafik
Finance, Cash Flow, Treasury, Planning & Forecast
Alexandria,ALX
Summary
Organized and methodical Finance Management produces [Type] outputs with exceptional analytical skills and financial management. Strong knowledge of budgetary control principles to achieve objectives. Excellent accounting system and MS Office proficiency to meet deadlines in data-driven environment.
Overview
20
years of professional experience
2
Languages
Work History
Mashreq for Business Development
Finance Business Partner and Treasury Manager
02.2015 - Current
Job overview
- Liaised with budget holders to evaluate financial performance and offer financial management data, analysis, and advice.
- Facilitated quarterly revenue cycle to support project analysis requirements.
- Led financial modeling efforts for scenario analyses, enabling executive leadership to make informed decisions on strategic initiatives with significant financial implications.
- Analyzed financial position, investigated and reported budgetary variances and identified adjustments to facilitate month and year-end processes.
- Provided expert guidance on capital structure decisions, optimizing debt-to-equity mix for long-term stability and growth potential.
- Enhanced financial decision-making by providing accurate data analysis and insightful recommendations to executive leadership.
- Streamlined budgeting processes for increased efficiency and improved accuracy in financial forecasting.
- Supported sales initiatives through customer profitability analysis that identified opportunities for revenue growth or margin enhancement.
- Implemented cost-saving measures through careful monitoring of expenses and identification of unnecessary expenditures.
- Presented numerical and graphical data to demonstrate strategic progress.
- Oversaw internal and external audit and formulated corrective action plan for findings and recommendations response.
- Managed cash flow effectively, ensuring sufficient liquidity for ongoing operations while minimizing interest expense on outstanding debt.
- Delivered timely and accurate financial reports, enabling informed decision-making by senior management.
- Mentored finance team members, fostering professional development and enhancing individual capabilities for career advancement within the organization.
- Evaluated investment opportunities, contributing to the selection of high-potential projects that maximized returns.
- Drove process improvements in accounting practices that reduced errors and improved the timeliness of financial reporting.
- Collaborated with cross-functional teams to optimize resource allocation and improve overall business performance.
- Developed strategic financial plans, aligning business goals with available resources and driving company growth.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Created financial dashboards to provide insights into key performance indicators.
- Collaborated cross-functionally with other departments such as finance, accounting, tax, legal, and procurement to ensure seamless integration of treasury-related activities.
- Developed strong relationships with banking partners for improved service levels and competitive pricing negotiations.
- Managed foreign exchange exposures by developing a comprehensive hedging strategy to minimize currency risks.
- Optimized cash flow by implementing effective cash management strategies and monitoring daily liquidity positions.
- Streamlined payment processes by implementing an electronic payment system that reduced manual errors and increased operational efficiency.
- Reduced bank fees by negotiating favorable banking terms and services agreements with multiple financial institutions.
- Implemented robust cash forecasting models to accurately predict future cash needs and inform decision-making within the organization.
- Safeguarded company assets from potential fraud incidents by implementing stringent security measures across all aspects of treasury operations.
- Maintained adequate liquidity levels through proactive cash management techniques including borrowing under credit facilities or investing surplus funds in short-term instruments when appropriate.
- Provided valuable insights to senior management on matters related to cash, investments, and risk management for informed decision making.
- Developed a highly skilled and motivated treasury team through regular training, professional development opportunities, and performance feedback sessions.
- Managed outstanding balance amounts by evaluating reports and determining collection statuses.
- Provided treasury and cash management by overseeing reconciliation of banking activity, credit card processing, and sales tax returns.
Mashreq for Business Development
Senior Finance & Treasury Accountant
10.2006 - 01.2015
Job overview
- Ensured accurate financial records, diligently maintaining general ledger accounts for treasury transactions.
- Developed informative treasury reports to provide senior management with insights into the company''s liquidity position and risk exposure levels.
- Managed relationships with banking partners, negotiating favorable terms on credit facilities and investments.
- Assisted in formulating treasury policies that aligned with organizational objectives while adhering to regulatory guidelines effectively mitigating financial risks faced by the company at all times.
- Collaborated with cross-functional teams to develop comprehensive budget plans and forecasts.
- Contributed to working capital optimization efforts by actively participating in inventory management discussions as well as receivables/payables negotiations.
- Diligently monitored interest rate fluctuations, adjusting investment strategies accordingly to preserve capital and maximize returns consistently.
- Reduced foreign exchange risks through the implementation of effective hedging strategies.
- Evaluated financing options, recommending optimal debt structures to minimize borrowing costs while maintaining liquidity requirements.
- Provided journal entries and performed accounting on accrual basis.
- Collected and reported monthly expense variances and explanations.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Maintained integrity of general ledger and chart of accounts.
- Trained new employees on accounting principles and company procedures.
ABCO United Plastic and Chemicals
Treasury Management Officer
02.2005 - 09.2006
Job overview
- Established robust controls to ensure compliance with internal policies and regulatory requirements.
- Provided expert guidance on foreign exchange exposure management, reducing currency risks for the organization.
- Reduced financial risks by identifying and mitigating potential threats in a timely manner.
- Managed investment portfolios to maximize returns while minimizing risks in accordance with company guidelines.
- Implemented best practices in treasury operations, staying current on industry trends and technologies.
- Optimized liquidity position with precise cash forecasting and efficient working capital management.
- Enhanced cash flow management by implementing proactive treasury strategies and risk assessments.
- Educated key stakeholders on complex treasury concepts, enabling better decision-making across the organization.
- Spearheaded innovative solutions for payment processing, enhancing security measures while reducing transaction costs.
- Oversaw daily cash positioning activities, ensuring optimal allocation of funds among operating accounts.
- Collaborated with finance leadership to develop long-term strategic plans that aligned with the organization''s overall financial goals.
- Developed strategic plans for day-to-day financial operations.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Supported financial director with special projects and additional job duties.
- Evaluated and negotiated contracts to procure favorable financial terms.
Commercial International Bank - CIB
Customer Service Officer (Trainee)
07.2004 - 01.2005
Job overview
- Proactively identified potential problems affecting customer satisfaction, implementing preventive measures to maintain service excellence.
- Delivered personalized service by attentively listening to customers'' concerns and providing tailored solutions.
- Adhered to company policies and procedures while managing multiple tasks simultaneously in a fast-paced environment.
- Participated in ongoing training programs to continuously refine skills and stay up-to-date on industry trends and best practices.
- Handled challenging client scenarios resourcefully by leveraging available tools and resources appropriately.
- Acted as a liaison between customers and other departments when necessary, facilitating smooth issue resolution across the organization.
- Enhanced customer satisfaction by actively addressing inquiries and resolving issues promptly.
- Investigated and resolved customer inquiries and complaints quickly.
Education
Eslsca Business SchoolAlexandria
MBA from Banking And Finance
04.2001
Alexandria University - Faculty of Commerce (Eng)Alexandria, Egypt
Bachelor of Science from Accounting & Finance
04.2001
Skills
Pricing strategy
Surfing Internet, Sports & Reading
Football, Tennis
Timeline
Finance Business Partner and Treasury Manager
Mashreq for Business Development
02.2015 - Current
Senior Finance & Treasury Accountant
Mashreq for Business Development
10.2006 - 01.2015
Treasury Management Officer
ABCO United Plastic and Chemicals
02.2005 - 09.2006
Customer Service Officer (Trainee)
Commercial International Bank - CIB
07.2004 - 01.2005
Eslsca Business School
MBA from Banking And Finance
04.2001
Alexandria University - Faculty of Commerce (Eng)
Bachelor of Science from Accounting & Finance
04.2001
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