Summary
Overview
Work History
Education
Skills
Websites
Certification
Locations
Personal Information
Accomplishments
Software
Timeline
Generic

Mohamed Kassem

Deputy Finance Manager
Alexandria

Summary

Dynamic and accomplished finance professional “CTP Holder” with over a decade of diverse experience across various sectors, specializing in FMCG – Food & Beverage industry. Professional ERP & Excel & Power BI user. Adept at driving strategic financial planning, analysis, and execution to optimize business performance and support organizational growth. Proven track record of leadership in steering cross-functional teams and delivering results in challenging environments. Recognized for expertise in ERP implementation, financial modeling, and leveraging technology for enhanced decision-making. Strong communicator with exceptional interpersonal skills, able to translate complex financial data into actionable insights for stakeholders at all levels. Possessing a blend of technical expertise, leadership acumen, and a commitment to excellence, I am poised to drive success and add value to any organization. Achievements in Treasury, ERP implementation & FP&A by achieving cost savings, improve process & control, and enhancing the reporting process and reduce the reporting time by 50%. Forward-thinking team leader skilled at operating departments efficiently to meet goals. Successful background matching employees with roles for maximum performance. Proactive and hardworking individual focused on continuous operational improvement. Proactive [Job Title] with strong background in financial analysis, budgeting and forecasting. Develops and implements financial plans and delivers strategic financial advice. Results-driven [Job Title] experienced in financial statement review, auditing and reporting. Well-versed in producing reports, evaluating department operations and handling month- and year-end closings. Meticulous, conscientious and methodical in approach. Hardworking and passionate job seeker with strong organizational skills eager to secure entry-level [Job Title] position. Ready to help team achieve company goals. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

17
17
years of professional experience
2
2
Certifications
2
2
Languages

Work History

Deputy Finance Manager

Dreem Mashreq Foods S.A.E
8 2022 - Current
  • Led the development of annual budgets, strategic plans, and long-range forecasts, resulting in increase in revenue and improvement in profit margins
  • Provided strategic insights and scenario analysis that guided investment decisions, resulting in increase in ROI on key projects
  • Oversee the preparation and analysis of monthly, quarterly, and annual financial reports, including variance analysis, trend analysis, and key metric tracking
  • Overhauled financial reporting processes, reducing reporting time and enhancing accuracy by implementing Power BI dashboards
  • Mentored and coached a team of FP&A, Treasury, & Cash Management professionals, resulting in improvement in team productivity and morale
  • Monitor and analyze key financial and operational performance metrics, including sales, margins, profitability, and working capital, to identify trends, risks, and opportunities for improvement
  • Achieved improvement in the reporting process through ERP implementation, Oversee the preparation and distribution of timely and accurate financial reports, dashboards, and presentations for senior management and key stakeholders, highlighting key performance indicators and financial trends
  • Serve as a trusted advisor to business leaders, providing financial expertise, insights, and recommendations to support strategic decision-making, pricing strategies, and resource allocation priorities
  • Implemented continuous improvement initiatives, resulting in streamlined workflows and an increase in departmental efficiency
  • Lead and mentor a team of finance professionals, fostering a culture of collaboration, innovation, and continuous learning to drive high performance and career development
  • Developing financial forecasting through spreadsheets
  • Developing report using Power BI
  • Preparing the annual financial statements after alignment with external parties (Audit & Tax)
  • Monitoring KPI for finance team
  • Coordinate and align between the departments in the Finance in order to ensure their achievement to the company objectives and adherence to the set accounting and reporting standards
  • Monitor all cash in-flow and out-flow to ensure proper cash flow management
  • Manage and monitors all activities within the Financial Reporting and Budgeting including fixed assets, financial analysis and reporting, budgeting, GL maintenance, and cash management
  • Developed and presented SWOT analysis reports, guiding strategic decision-making and identifying new business opportunities
  • Reviewing the monthly analysis & taking decisions regarding the company performance
  • Supervise the implementation of any new financial systems or programs and ensures proper staff orientation and training on those systems
  • Liaise with the external auditor while ensuring the implementation of their management observations in due time and with the level of efficiency required
  • Prepare and submit financial reports that will be required by the Finance Director related to the shareholders, boards and others related parties.

Project Manager & Super Key User

Dreem Mashreq Foods S.A.E
08.2020 - 07.2022
  • Develop and manage project governance including steering committee meetings, project team meetings, status reports, etc
  • Successfully led the implementation of Infor LN ERP system, achieving on-time and under-budget project completion with minimal disruption to operations
  • Set project objectives
  • Communicate with and influence internal and external stakeholders regarding key project objectives and steps and to ensure buy-in
  • Drive the requirements and project definition process
  • Schedule project deliverables and milestones
  • Owning communication of the project status to the sponsor and stakeholder community
  • Participate in full implementation cycle for Infor LN
  • Developed and executed comprehensive test plans, ensuring system functionality and user acceptance, resulting in a seamless transition to the new ERP system
  • Provided training to key and end users, resulting in a 90% user adoption rate within the first month of system implementation
  • Understanding of process manufacturing, warehouse management, ERP logistics
  • Provide the as-is process to the implementation team of business analysts
  • Identified process improvement opportunities during the ERP implementation, resulting in a 20% reduction in order processing time and a 15% increase in overall efficiency
  • Provide signoffs to the process, process implemented.

Senior Management Accountant

Dreem Mashreq Foods S.A.E
01.2020 - 07.2022
  • Collaborated with Sales, Marketing, and Supply Chain teams to optimize financial planning processes, resulting in improvement in forecasting accuracy
  • Continuously evaluate and optimize financial planning and analysis processes to enhance efficiency, accuracy, and effectiveness
  • Monitor the performance of sales channels/distributors from all commercial aspects (Sales, Discounts, Trade Margins)
  • Calculating Margins for trial products & final proposals (Launch – Change – Promotion)
  • Preparing P&L by Channel, Customer, per SKU
  • Preparing monthly variance analysis vs
  • Budget & last years
  • Compare actual to budgeted results at the end of each reporting period, and report on significant variances
  • Assisting in the preparation of the Operating Plan (Annual Forecasted P&L and projections)
  • Implemented financial models to support annual budgeting and ongoing forecasting, resulting in reduction in budget variances
  • Responsible of comparing & analyzing the company’s performance and trends to the company’s business plan and budget monthly
  • Prepared and presented financial reports to senior management and board of directors, leading to informed decision-making and strategic initiatives that drove business growth
  • Develop and maintain strong relationships with internal stakeholders and external partners
  • Preparing business cases & feasibility study to support new investment, strategic and other business decisions
  • Analyzing financial and operational results to better understand company performance
  • Reviewing that actual variable margin for new launched products same as calculated in launch proposal
  • Conducted in-depth financial analysis, identifying cost-saving opportunities and revenue enhancement strategies that contributed to a 10% increase in profitability
  • Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
  • Spreading our financials and other companies’ financials for comparing
  • Understand and analyze components and process involved in each P&L line
  • Guarantee Monthly and Quarterly Financial reports’ accuracy and respect deadlines
  • Identify and analyze financial risks.

Treasury Officer

Dreem Mashreq Foods S.A.E
11.2014 - 01.2019
  • Reporting monthly position to the Financial Manager
  • Perform day-to-day treasury operations of Cash & Trade Finance transactions to ensure that work processes are implemented as designed and comply with established policies, processes, and procedures
  • Optimized working capital levels, resulting in a reduction in excess liquidity and a improvement in cash flow management
  • Maintain and enhance banking relationships for better services
  • Negotiated favorable terms with banks, resulting in reduced transaction costs and improved banking services, saving the company annual finance cost
  • To ensure all banks’ related transactions are reconciled with general ledger on a periodic basis
  • Support GL team in bank reconciliation transactions
  • Implemented automated payment and collections processes, reducing manual errors and increasing efficiency
  • Checking the accuracy of commissions and interests debited by the bank
  • Making daily cash position report for top managements
  • Making FX transactions with different banks
  • Issuing LCs for suppliers
  • Co-ordinate with local banks to monitor incoming & outgoing L/Cs
  • Matching the book balance with the outstanding report received from the bank
  • Keep company’s cheque books in order to issue all required payment to various suppliers & vendors as per alignment with AP section on daily basis foreign transfers, and support by the payment swifts
  • Prepare internal transfers between accounts to cover the payment by the foreign currencies by getting special rate from the bank
  • Support AR & AP team by providing them with needed Bank data
  • Follow-up and investigate any scheduled funds recipient or disbursement and update accordingly the internal books and cash-flow report
  • Follow-up import documents collections and effect supplier’s payments on its due date to avoid delay of shipments
  • Led successful negotiations with new banks for additional credit facilities, securing competitive rates and terms to support company growth.

Uniteller Officer

HSBC Egypt
08.2011 - 11.2014
  • Deliver the highest standard of personalized teller service to the Bank’s Customers
  • Cross sell Bank’s products and services whenever appropriate
  • Minimize customer queuing time
  • Maintained excellent customer relations and minimized queuing time, resulting in increasing customers’ satisfaction
  • Handling all different types of cash transactions
  • Handling all non-cash transactions (Time Deposits – Saving Certificates – Internal and External transfers – Foreign Exchanges – Deleting holds)
  • Process house cheques and inward cheques for collection
  • ATM Custodian
  • Implemented internal control standards, ensuring compliance with audit requirements and regulatory standards
  • Examine checks for endorsements and to verify other information such as dates, bank names, identification of the persons receiving payments and the legality of the documents
  • Count currency, coins, and checks received, by hand or using currency-counting machine, in order to prepare them for deposit or shipment to branch banks or the Central Bank
  • Balance currency, coin, and checks in cash drawers at ends of day, and calculate daily transactions using computers, calculators, or adding machines
  • Resolved problems and discrepancies concerning customer accounts promptly, maintaining a high level of customer trust and loyalty.

Accountant in Treasury Department

Mantrac Egypt
01.2007 - 06.2011
  • Monitor daily movement of liquid resources and decide on optimal working capital levels/needs
  • Seeking short term investment opportunities for the surplus funds and to evaluate different options for investment decisions
  • Enhanced banking relationships, resulting in improved service levels and access to additional financial products and services
  • Coordinate with the bank for any services related to business operations and to trouble shoot any day-to-day issues
  • To ensure all banks’ related transactions are reconciled with general ledger on a periodic basis
  • Monitor and supervise the infrastructure and processes to ensure the technical aspects of automated payment and collections function run smoothly without any disruption or discrepancies
  • Act as the technical resource person in system reviews and upgrades
  • Record all debit and credit bank’s advice and checking the value dates of all incoming & outgoing transfers
  • Checking the accuracy of commissions and interests debited by the bank
  • Implemented proactive cash flow management strategies, reducing idle funds and optimizing investment returns
  • Making FX transactions with different banks
  • Issuing LGs for customers & suppliers.

Education

High School -

Victory College

B.S.C of Commerce - English Section, Accounting Department

Alexandria University

Skills

Proficiency in Office 365, & Power BI

undefined

Certification

CTP – Certified Treasury Professional, Association for Financial Professionals, June/July 2017 window

Locations

  • Alex: Glim, Alexandria
  • Cairo: 6th October, Cairo
  • Egypt

Personal Information

Date of Birth: 05/20/86

Accomplishments

  • Achieved [Result] by introducing [Software] for [Type] tasks.
  • Achieved [Result] by completing [Task] with accuracy and efficiency.
  • Supervised team of [Number] staff members.
  • Used Microsoft Excel to develop inventory tracking spreadsheets.

Software

Infor LN ERP

Microsoft Excel

Microsoft Power BI

Microsoft Office 365

Timeline

Project Manager & Super Key User

Dreem Mashreq Foods S.A.E
08.2020 - 07.2022

Senior Management Accountant

Dreem Mashreq Foods S.A.E
01.2020 - 07.2022

Treasury Officer

Dreem Mashreq Foods S.A.E
11.2014 - 01.2019

Uniteller Officer

HSBC Egypt
08.2011 - 11.2014

Accountant in Treasury Department

Mantrac Egypt
01.2007 - 06.2011

Deputy Finance Manager

Dreem Mashreq Foods S.A.E
8 2022 - Current

High School -

Victory College

B.S.C of Commerce - English Section, Accounting Department

Alexandria University

Similar Profiles

CREATE PROFILE
Mohamed KassemDeputy Finance Manager