Mohamed Ezzat

Financial Planning and Analysis:

• Develop financial strategies to support company's growth and expansion plans.
• Analyze financial data and market trends to provide insights for decision-making.

Budgeting and Forecasting:

• Lead budgeting process and ensure accurate forecasts to optimize financial performance.
• Monitor budget variances and implement corrective actions as needed.

Financial Reporting:

• Oversee preparation of financial statements and reports in compliance with regulations and company policies.
• Present financial performance to senior management and stakeholders.

Treasury Management:

• Manage cash flow, working capital, and financial risk in operations.
• Develop and implement strategies to optimize company's financial position.

Tax and Compliance:

• Ensure compliance with Saudi Arabian tax laws and regulations.
• Implement tax planning strategies to minimize company's tax liabilities.

Investment and Financing:

• Evaluate investment opportunities and provide recommendations for capital allocation.
• Manage relationships with financial institutions and investors in Saudi Arabia.

Financial Controls:

• Establish and maintain internal controls to safeguard company assets and ensure compliance with policies and regulations.
• Conduct regular audits and risk assessments to identify and mitigate financial risks.

Strategic Planning:

• Collaborate with senior management to develop long-term financial strategies aligned with company's goals.
• Identify opportunities for growth and efficiency improvements.

People Management:

• Lead and develop finance team in Saudi Arabia, fostering a culture of excellence and accountability.
• Provide mentorship and guidance to finance staff to support their professional growth.

• Streamlined financial processes by implementing new accounting software and automation techniques.
• Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
• Negotiated favorable credit terms with banks for increased borrowing capacity and reduced interest expenses.
• Advised Board of Directors on strategic financial matters, providing insightful recommendations backed by thorough analysis.
• Tracked cash flow and financial planning to analyze company's financial strengths and weaknesses and propose strategic directions.
• Oversaw budgets, payroll, and accounts payable and receivable.
• Conducted detailed analysis of company financial information and oversaw preparation of related reports.
• Oversaw accounts payable and receivable to track income and expenditures, drive statutory compliance and provide quantitative financial information.
• Ensured accurate financial reporting, maintaining compliance with GAAP, SEC regulations, and internal policies.
• Implemented tax planning strategies that minimized liabilities while ensuring full compliance with local laws.
• Developed strategic financial plans to support company growth and achieve long-term objectives.
• Championed effective communication between finance personnel and other departments to facilitate cross-functional collaboration on projects and initiatives.
• Collaborated with executive leadership to establish budgetary guidelines and allocate resources efficiently across the organization.
• Managed risk effectively through comprehensive insurance coverage review and implementation of robust internal controls.
• Directed technological setup, improvements, reducing waste and business bottlenecks.

• Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
• Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
• Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
• Streamlined financial reporting processes by implementing more efficient software systems and optimizing data management.
• Reduced overhead costs by identifying inefficiencies and implementing targeted cost-saving measures across various departments.
• Collaborated with executive leadership team in developing long-term financial goals, ensuring alignment with overall business objectives.
• Negotiated favorable vendor contracts by leveraging strong analytical skills and industry knowledge for competitive advantage.
• Developed accurate monthly forecasts using historical data trends combined with current market conditions for enhanced decision-making capabilities.
• Consolidated financial statements for multiple subsidiaries, ensuring accuracy and compliance with GAAP and IFRS standards.
• Introduced software tools and process improvements to mitigate loss and drive operational growth.
• Analyzed financial statements against forecasts to prepare high-level variance analysis.
• Enhanced internal control systems and procedures to mitigate risk and support opportunities.

• Ensured the execution of Elsewedy Strategic road map.
• Strengthened the process on the Group financial Management policies and Procedures.
• Successfully managed multiple audits, ensuring accurate financial information was presented to external parties without discrepancies or delays.
• Spearheaded the implementation of new accounting software solutions, improving data accuracy and streamlining operations across departments.
• Established the Group Governance through Large Projects Approval Cycle and New Investments & Acquisitions Approval Cycle.
• Managed the Shareholders Dividends process based on the planned capital structure / working capital per each Subsidiary, Free Cash Flow, Group Management Cash Flow / projection, Net Debt/ Assets in currency and liquidity position per currency.
• Reviewed the quality of the budgeted information through running quarterly business review with all Subsidiaries to review variances with Forecast.
• Ensured that the organization's financial affairs and assets are well managed, that costs are controlled effectively and resources are fully aligned behind strategic and operational priorities.
• Established and Standardized Financial Score card per each Sector in order to unify the KPI's.
• Was responsible for Financial and Business information Automation on a group level and Subsidiary Level.
• Led and managed the financial teams, setting relevant and targets, stretching performance targets and managing individual and team performance.

• Direct and coordinate the financial activities in accordance with the strategies and political of Schindler, to provide the suitable information, the financing and the economic control to offer a maximum of profitability to the company.
• Directed budget development, budgetary controls and recordkeeping to make informed financial decisions.
• Direct and coordinate the human and technical resources in accordance with the requisites of the commercial processes to support effective systems of information and to provide support and technical advice that there satisfy the needs of the internal clients.
• Direct the financial activities of the company expiring with the local regulation, the internal norms of the Group Schindler and of KG to obtain an ideal administrative support and of management, at all the levels of the company.

• Analysis proactively the Monthly financial statements for the business which include 8 different business fields like Power Generation−Power transmission Medical section and Communication field including analysis of key Financial ratios.
• Improved financial reporting accuracy by streamlining processes and implementing efficient financial controls.
• Oversaw all aspects of the month-end close process, ensuring timely completion of accurate financial statements for executive review.
• EVA −ROCE on a quarterly basis.
• Supervised the reported data to the Head Quarter (Balance sheet−Income Statement and Cash Flow).
• Coordinated and directed the preparation of the Budget and Financial Forecasts,Maintain planning, control procedures and comment on the variances.
• controlled and supervised the Overhead cost (Corporate Cost) on a monthly basis with the Corporate department Heads.( IT−HR−Corporate Communication−Real Estate−Procurement and logistics).
• Sat up a reporting and accounting data base for acquired multi−national company ( VA Tech Schneider) and Asset Deal with another Local Company.

• Responsible for performance management of Siemens USA Reporting to the Regional Manager of America Zone
• Collaborated with cross-functional teams to develop strategies for improving overall business performance
• Reduced operational costs through thorough analysis of expense reports and identification of areas for improvement
• Identified and resolved accounting discrepancies through collaboration with accounting, finance, and operations personnel, troubleshooting incongruencies and achieving balanced ledgers
• Played a key role in annual audit preparation and coordination, ensuring smooth communication between external auditors and internal staff members
• Streamlined month-end closing processes, reducing time required to complete financial statements by several days each month