Hi, I’m
Mohamed Eissa
Maadi
Summary
Experienced financial executive and business consultant with a proven track record of driving business development and delivering profitability in challenging market conditions and periods of growth. Recognized for exceptional skills in recruiting, hiring, and managing high-performance teams. Possesses a strong background in finance, accounting, operations, supply chain, and human resources with 28 years of experience. Demonstrates a strong history of achieving both financial and non-financial business goals through effective controls and planning.
Overview
28
years of professional experience
1
Certification
Work History
Sama GroupCairo
Group Chief Financial Officer
05.2022 - Current
Job overview
- Driving the company's financial planning and Strategy
- Performing risk management by analyzing the organization’s liabilities and investments
- Ensure cash flow is appropriate for the organization’s operations
- Deciding on investment strategies by considering cash and liquidity risks
- Manage vendors / Banks/board of directors / and other financial relationships
- Develop financial and tax strategies
- Overseeing all finance and accounting tasks necessary to achieve the organization's mission and help execute staff succession and growth plans
- Oversee business insurance plans and health care coverage analysis
- Engage with auditors and facilitate year-end audits
- Implement proper financial reporting to determine daily and weekly gross profit estimates.
- Managed financial, operational, and human resources to optimize business performance.
- Conducted detailed analysis of company financial information and oversaw the preparation of related reports.
- Directed budget development, budgetary controls, and recordkeeping to make informed financial decisions.
- Tracked cash flow and financial planning to analyze the company's financial strengths and weaknesses and propose strategic directions.
- Improved cash flow, retired debt, and built cash reserves to control costs and enhance benefits.
- Managed and led direct reports to handle controllership, treasury, and corporate finance functions.
- Maintained P&L and shouldered corporate fiscal responsibility.
- Communicated business performance, forecasts, and strategies to investors and shareholders.
- Collaborated with legal, accounting, and other professional teams to review and maintain compliance with regulations.
United Paints and Chemicals Drymix subsidiary of Orascom Construction6th Of October City
Chief Financial Officer
09.2020 - 05.2022
Job overview
- Completed in-depth analyses of risks to control company profile, enhance systems, and track legal concerns.
- Oversaw budgets, payroll, and accounts payable and receivable.
- Directed budget development, creation of budgetary controls and recordkeeping systems, and investment management.
- Developed and oversaw yearly budgets and capital structure of the company to determine the best mix of debt, equity, and internal financing.
- Improved cash flow, retired debt, and built cash reserves to control costs and enhance benefits.
- Develop financial and tax strategies
- Train the Finance Unit and other staff for 30 employees in all departments raising awareness and knowledge of financial management matters.
- Oversee all purchasing and payroll activity for staff and participants
- Attend Board and Subcommittee meetings.
- Monitor banking activities of the organization and deal with banks to get the best facilities for the company (IDC – L/C – L/G – MTL- STL - OD)
- Monitor all the costs (Raw Material - operational cost - overheads) and I have the authority to modify the processing to reduce the cost
- Oversee business insurance plans and health care coverage analysis
- Ensuring the efficiency of imports and exports and searching for possibilities to reduce costs
- Recruit staff members and oversee training programs.
- Founded performance- and merit-based evaluation system to assess staff performance.
- Established and maintained strong relationships with customers, vendors, and strategic partners.
- Represented the organization at industry conferences and events.
- Analyzed operational issues and implemented corrective action to maximize profits.
- Prepared accurate financial statements at the end of the quarter to summarize financial health and business performance.
- Collaborated with legal, accounting, and other professional teams to review and maintain compliance with regulations.
- Established and maintained strong relationships with customers, vendors, and strategic partners.
Life chemicals groupCairo
Chief Financial Officer
04.2018 - 09.2020
Job overview
- Develop financial and tax strategies
- Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters
- Overseeing all finance and accounting tasks necessary to achieve the organization's mission and help execute staff succession and growth plans
- Provide the CEO with an annual budget
- Oversee all purchasing and payroll activity for staff and participants
- Attend Board and Subcommittee meetings
- Ensure adequate cash flow to meet the organization's needs
- Monitor banking activities of the organization and deal with banks to get the best facilities for the company
- Decide how to invest the company's money, taking into consideration risk and liquidity
- Monitor all the costs (Raw Material - operational cost - overheads) and I have the authority to modify the processing to reduce the cost
- Participating in determining the selling price of products
- Oversee business insurance plans and health care coverage analysis
- Prepare a monthly financial report on the business
- Engage with auditors and facilitate year-end audits
- Ensuring the efficiency of imports and exports and searching for possibilities to reduce costs
- Recruit staff members and oversee training programs.
- Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
- Initiated strategy to drive company growth and increase market share and profitability.
Coldwell Banker Egypt (New Homes)Cairo
Financial Manager
09.2004 - 03.2018
Job overview
- Established budgetary benchmarks and formulated financial management strategies by researching operating and historical financial records.
- Led financial planning and analysis by managing key metrics, analyzing data, and providing support and insight for strategic planning.
- Develop the accounting policies & procedures and ensure their implantation in compliance with local laws & rules
- Make sure that the policy & procedures were implemented for each operation cycle & issue a report showing the violation if any
- Implement, monitor, and evaluate budget policies and procedures, making recommendations if necessary
- Manage, coordinate, and participate in the development of the annual budget
- Participate in budget hearings
- Provide expert and professional assistance and support to the company's management and staff on budget and other related matters
- Review the budget achievements by highlighting the variances either positive or negative (monthly)
- Monitor expenses to ensure compliance with budget by performing monthly variance analysis
- Direct all treasury activities through the management of cash and investments
- Supervise reporting to government authorities and banks
- Present Periodic Accurate & Reliable Financial Statements and Reports for internal and external use on a timely basis
- Review, sign all payables checks, ensure the proper allocation of accounts, and monitor the advances' situation
- Handle insurance policies & claims issues with insurance companies
- Create, coordinate, and evaluate the financial programs and supporting information systems of the company including budgeting, tax planning
- Handle Tax Inspection; Sales Tax, and Corporate Tax
- Follow up on any IT issues/upgrades in the Finance Dept
- Makes presentations to the management as needed
- Providing financial advice and support to top management to enable them to make sound business decisions
- Managing the company's financial accounting, monitoring, and reporting systems
- Review collection reports to determine the status of collections and the amounts of outstanding balances
- Recruit staff members and oversee training programs
- Deal with banks to get the best facilities for the company
- Review the contracts with vendors before getting them signed
- Coordinate with the legal & tax advisor regarding the business model for Coldwell Banker in Egypt.
- Improved accuracy of commission payouts with the implementation of process improvements.
Moustafa Shawki & Co (Mazars)Cairo
Auditor
01.2003 - 09.2004
Job overview
- Identified control gaps in processes, procedures, and systems through in-depth research and assessment and suggested methods for improvement.
- Executed audit phases and entered data into accounting software for analysis.
- Followed established auditing processes to meet internal and regulatory requirements.
- Communicated with auditee staff to obtain necessary information for audits.
- Consulted clients on internal control systems development and audit program improvements.
Nesma Egypt Contracting Co.Cairo
Senior Accountant
03.1999 - 01.2003
Job overview
- Prepared monthly journal entries and reconciliations.
- Updated general ledger with latest entries.
- Completed year-end closing processes with controllers and external auditors.
- Handled month-end and year-end-end finances by managing and reporting fixed assets and other data.
- Managed due balances, financial inquiries, and other accounts receivable functions.
- Monitored timely collection.
- Trained new employees on accounting principles and company procedures.
- Prepared working papers, reports, and supporting documentation for audit findings.
- Balanced accounts associated with the accounts payable process.
- Reached out to vendors and customers to verify information and follow up on client issues.
- Managed invoices for new materials and parts.
- Reconciled accounts and reviewed expense data, net worth, and assets.
- Prepared tax forms to meet needs.
- Contributed to hiring, training, and development of accounting teams.
Dr.Abdel Aziz Hegazy & Crowe HorwathCairo
Auditor
02.1997 - 03.1999
Job overview
- Identified control gaps in processes, procedures, and systems through in-depth research and assessment and suggested methods for improvement.
- Executed audit phases and entered data into accounting software for analysis.
Education
Helwan UniversityCairo
Bachelor of Arts from Accounting And Finance
05.1996
University Overview
- Microsoft Dynamics AX 2012
- Microsoft Dynamics AX 365
- Financial Integrated Systems American Package (MCBA)
- Quick Book 2007
- Al Motamem
- Electronic Accountant
- Double Click
Skills
- Budget Development
- Strategic Planning
- Reporting expertise
- Documentation compliance
- Cash Flow Management
- Financial Management
- Strategic financial planning
- Business Forecasting
- Risk Management
- Accounting Principles
- Operational management
- Corporate leadership
Accomplishments
- Exceeded the collection target by achieving 110% from the set targets 2016-2017.
- Reduced Conflicts & bad debts by 10% with effective communication with developers and regular follow-ups.
- Significant reduction in annual insurance premiums 20% .
- Significant reduction in annual demurrage and storage cost 87.50% .
- Obtaining many significant financing facilities for fast-growing (150 M EGP).
- Designed and implemented a new billing process to ensure efficiency and accuracy and increased the (DPO- Days payable outstanding) from 15 days to 30 days for local vendors and from 30 days to 60 days for foreign vendors.
- Grew the net profit from 4% to 6.7% within one year and from 4% to 17% for the whole period (From 4-2018 to 9-2020 ) .
- Grew the net profit from 4.8% to 10.2 % within 4 months throw 2021.
- Grew the net profit from 10.2% % to 13.9 % throw 2022.
Languages
Arabic
Native language
Arabic
Proficient
C2
English
Upper intermediate
B2
Militarystatus
Total Exemption
Personal Information
- Date of Birth: 01/29/74
- Nationality: Egyptian
- Marital Status: Married
Certification
- IFRS, Ernst & Young Training Academy - 2020 .
- FMVA self study - 2023
Additional Information
I have done a lot of Financial modeling, budgeting and feasibility studies for example:
- Podco Australia Company for Agricultural Manufacturing Private Free Zone Fresh Agricultural Processing Industrial Complex.
- The Egyptian Swedish National Company for Poultry Production.
- El khail City development.
- Anchor real estate Egypt.
- INVEST-GATE platform magazine.
- Gold's gym sharm el sheikh.
- Coldwell Banker Egypt (New Homes), (Nile Real Estate).
- Life chemicals group.
- Chem Tec Free Zone.
- PetroChem Tank Terminal.
- Red Real Estate Co.
- Axis Mall.
- Keller Williams Realty.
- Safi Medical Hub co.
- WHG Capital Investment Management- Dubai.
Timeline
Group Chief Financial Officer
Sama Group
05.2022 - Current
Chief Financial Officer
United Paints and Chemicals Drymix subsidiary of Orascom Construction
09.2020 - 05.2022
Chief Financial Officer
Life chemicals group
04.2018 - 09.2020
Financial Manager
Coldwell Banker Egypt (New Homes)
09.2004 - 03.2018
Auditor
Moustafa Shawki & Co (Mazars)
01.2003 - 09.2004
Senior Accountant
Nesma Egypt Contracting Co.
03.1999 - 01.2003
Auditor
Dr.Abdel Aziz Hegazy & Crowe Horwath
02.1997 - 03.1999
Helwan University
Bachelor of Arts from Accounting And Finance