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 Group
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 Construction
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 group
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)
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)
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.
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 Horwath
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
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