Summary
Overview
Work History
Education
Skills
Accomplishments
Affiliations
Software
Certification
Work Availability
Languages
Work Preference
Timeline
Generic
Ihab Fawzy

Ihab Fawzy

Senior Manager - Controllership
6th October - Giza

Summary

Dynamic finance leader with extensive experience at GM Egypt and North Africa, adept in ERP systems and strategic planning. Excelled in enhancing financial reporting accuracy and operational efficiency, demonstrating exceptional problem-solving and team-building skills. Achieved significant cost savings and compliance excellence, underpinning a solid track record of fostering professional growth and driving organizational success.

Skilled Financial Controller bringing 30+ years of experience working with service, trade and manufacturing organizations. Proven leadership and successful in leading teams in achieving financial goals. Accomplished in working with executive leaders to develop business, financial and growth strategies.

Overview

30
30
years of professional experience
4
4
Certificates
2
2
Languages

Work History

Controller and Strategic Risk Control Sr. Manager

GM Egypt and North Africa
04.2018 - Current
  • Mentored all finance staff members, fostering a positive work environment conducive to professional growth and development.
  • Completed monthly & year-end close processes through effective supervision financial functions and regular treasury transactions.
  • Implemented cost-saving measures, identifying inefficiencies and reallocating resources to achieve optimal results.
  • Completed journal entries, reconciliations, and account analysis to prepare monthly and quarterly financial documents and general account management.
  • Ensured compliance with regulations and policies by managing the timely preparation and filing of all required financials and returns.
  • Enhanced financial reporting accuracy by streamlining accounting processes and implementing internal controls.
  • Managed budgeting process, aligning departmental budgets with organizational goals and monitoring performance against targets.

Accounting and Cost Senior Manager

GM Egypt and North Africa
03.2009 - 03.2018
  • Implemented and developed operational standards, policies and procedures.
  • Established strong relationships with clients and stakeholders, ensuring long-term partnerships and repeat business.
  • Provided strong leadership to enhance team productivity and morale.
  • Achieved operational excellence by streamlining processes and implementing best practices.
  • Managed ERP system implementation and enhancements as SAP-SME for FI, CO, MM and SD modules
  • Reduced costs, optimized resource allocation, and improved efficiency in managing projects.

Internal Control Manager

GM Egypt
06.2007 - 02.2009
  • Reduced operational risks by designing and implementing practical internal control policies tailored to organizational needs.
  • Spearheaded the development of a robust business continuity plan that ensured operational resilience in times of crisis or disruption.
  • Established a strong working relationship with regulatory bodies by maintaining open lines of communication and promptly addressing any concerns raised during audits.
  • Partnered with IT department to implement automated internal control solutions, resulting in increased efficiency and reduced manual errors.
  • Advised management on potential improvements to company-wide policies and procedures, driving continuous improvement within the organization.
  • Improved internal control systems by conducting comprehensive risk assessments and identifying areas of improvement.
  • Developed internal audit plans for effective monitoring and evaluation, resulting in better compliance with regulatory requirements.
  • Supported fraud investigations through meticulous analysis of financial records and documentation, ultimately leading to swift resolution of cases where misconduct was detected.
  • Conducted regular training sessions to educate employees on the importance of adhering to established internal control procedures, promoting a culture of compliance within the organization.

Accounting and Cost Senior Supervisor

GM Egypt
05.2002 - 06.2007
  • Resolved conflicts proactively by facilitating open communication among team members and actively addressing underlying issues.
  • Ensured timely completion of projects through effective scheduling and prioritization of tasks based on urgency and importance.
  • Supervised month and year-end financials closing, issued financials and reporting to the management and mother-company.
  • Implemented cost controls and cost accounting for sold products, monitored cost optimization process and reported the cost reduction initiatives results to the management
  • Enhanced team productivity by implementing efficient workflow processes and providing consistent guidance.

Budget and Pricing Analyst

GM Egypt
10.2000 - 04.2002
  • Handled budgeting, forecasting and financial analysis processes to evaluate the progress and report the results to the management and corporation.
  • Played a crucial role in annual budgeting processes by providing accurate forecasts based on historical trends and current market conditions.
  • Monitored promotional campaigns'' effectiveness to assess their impact on overall sales performance and recommend adjustments when necessary.
  • Adjusted prices via pre-set schedules, supply management department costs and other factors on regular basis.
  • Assisted sales teams in creating tailored solutions, maximizing profitability and customer satisfaction.
  • Developed strong analytical and financial skills, which helped to anticipate market and company needs.
  • Conducted regular price reviews, maintaining up-to-date knowledge of industry trends and competitor activities.
  • Established strong relationships with internal stakeholders through transparent communication regarding changes in pricing policies or strategies that may impact their respective departments.
  • Performed ad-hoc analyses as needed to address specific business challenges or opportunities, providing valuable insights for decisionmakers.

Senior Accountant

GM Egypt
03.1996 - 09.2000
  • Prepared monthly journal entries and reconciliations.
  • Reconciled accounts and created documents for monthly closure procedures.
  • Updated general ledger with latest entries.
  • Completed year-end closing processes with controllers and external auditors.
  • Reviewed documents and accounts for discrepancies and resolved variances.
  • Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
  • Provided timely and accurate financial reporting to senior management, enabling informed decision-making based on reliable data.
  • Analyzed financial statement discrepancies, identifying issues, and recommending corrective actions to prevent future occurrences.
  • Coordinated with various departments to gather financial data, ensuring accurate representation of each business unit''s performance.
  • Conducted monthly reconciliations for all bank accounts to ensure financial integrity.
  • Managed relationships with external auditors effectively ensuring positive outcomes during annual audits.

Auditor

Local Firm (Farouk Shahin & Co.)
10.1994 - 02.1996
  • Analyzed data and findings to prepare reports detailing financial information.
  • Verified accuracy, compliance and completeness of team auditing work.
  • Conducted thorough reviews of financial statements, ensuring compliance with GAAP and other regulatory requirements.
  • Trained junior auditors in best practices, improving overall team performance and skill sets.
  • Maintained confidentiality, handling sensitive information discreetly throughout all stages of the audit process.
  • Performed observations and evaluated supporting documents to supplement audit findings.
  • Evaluated the effectiveness of internal controls, recommending improvements to enhance operational efficiency and mitigate risks.
  • Provided detailed documentation on audit findings, facilitating swift corrective action when necessary.

Accountant Intern

GM Egypt
06.1994 - 09.1994
  • Prepared monthly closings by creating journal entries and reconciling accounts.
  • Prepared bank reconciliations and communicated the finding with other functions to take necessary actions.
  • Monitored the fixed assets and Capex expenditures, timely calculate the depreciation and close of assets.
  • Quickly and accurately processed payments, credits, and other transactions using company software applications.

Education

Bachelor of Science - Accounting And Finance

Alexandria University
Alexandria
04.2001 -

Post-graduate Diploma - Cost And Managerial Accounting

Alexandria University
Alexandria
04.2001 -

Post-graduate Diploma - Risk Management

American University in Cairo
Cairo, Egypt
04.2001 -

Skills

Strategic planning

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Accomplishments

  • Reduced accounts receivable days to [Number], resulting in increased year-over-year revenues of $[Number].
  • Exceeded [Year] revenue goals by [Number]%.
  • Introduced accounting procedures and stronger financial controls to improve financial reporting [Number]%.
  • Optimized workflow and reduced variances by recommending and introducing new accounting software.
  • Cut total of past due accounts from [Number]% to [Number]%.
  • Facilitated the acquisition of a property worth $[Number] by performing in-depth feasibility analyses.
  • Exceed [Year] revenue goals by [Number]%.
  • Led team of [Number] in managing accounting functions for companies with international locations.
  • Achieved [Result] by completing [Task] with accuracy and efficiency.
  • Supervised team of [Number] staff members.
  • Used Microsoft Excel to develop inventory tracking spreadsheets.
  • Achieved [Result] through effectively helping with [Task].
  • Achieved [Result] by introducing [Software] for [Type] tasks.
  • Documented and resolved [Issue] which led to [Results].
  • Collaborated with team of [Number] in the development of [Project name].
  • Resolved product issue through consumer testing.

Affiliations

  • AICPA
  • PWC - Middle East
  • AMCham

Software

SAP

Office

Project

Certification

IFRS from KPMG

Work Availability

monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Languages

English
Bilingual or Proficient (C2)
Arabic
Bilingual or Proficient (C2)
French
Intermediate (B1)

Work Preference

Work Type

Full Time

Work Location

On-SiteRemoteHybrid

Important To Me

Career advancementWork-life balanceCompany CultureFlexible work hoursPersonal development programsHealthcare benefitsWork from home optionTeam Building / Company Retreats

Timeline

Controller and Strategic Risk Control Sr. Manager

GM Egypt and North Africa
04.2018 - Current

(GM Star & GM Next) Soft skills Training - 2010 - 2012

08-2012

CMA from AUC and IMA

11-2010

Accounting and Cost Senior Manager

GM Egypt and North Africa
03.2009 - 03.2018

Internal Control Manager

GM Egypt
06.2007 - 02.2009

IFRS from KPMG

09-2006

Accounting and Cost Senior Supervisor

GM Egypt
05.2002 - 06.2007

Bachelor of Science - Accounting And Finance

Alexandria University
04.2001 -

Post-graduate Diploma - Cost And Managerial Accounting

Alexandria University
04.2001 -

Post-graduate Diploma - Risk Management

American University in Cairo
04.2001 -

Budget and Pricing Analyst

GM Egypt
10.2000 - 04.2002

Senior Accountant

GM Egypt
03.1996 - 09.2000

Auditor

Local Firm (Farouk Shahin & Co.)
10.1994 - 02.1996

Accountant Intern

GM Egypt
06.1994 - 09.1994

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Ihab FawzySenior Manager - Controllership