MOHAMED NEHAD
CFO
Cairo
Summary
Versatile Managing Director with proven abilities across all levels of organizational management. Talented in developing partnerships, overseeing personnel and developing tactical plans to meet strategic goals. Proven leader with significant background in Accounting and Finance
Overview
25
25
years of professional experience
4
4
years of post-secondary education
1
1
Language
Work History
Managing Director of Financial Affairs
PRE Developments
06.2023 - Current
- Directed large-scale projects from inception to completion on time/budget with strict adherence to quality standards.
- Managed risk effectively by instituting comprehensive mitigation strategies across the organization''s operations.
- Championed process improvement initiatives to streamline workflows, reduce costs, and enhance productivity.
- Cultivated a strong organizational culture built on integrity accountability teamwork which resulted in higher retention rates among staff.
- Implemented robust financial controls and reporting systems, ensuring accurate forecasting and budget management.
- Increased overall company performance by implementing strategic management initiatives and streamlining operations.
- Drove bottom-line results through rigorous financial analysis, cost containment measures, and efficient capital deployment strategies.
- Optimized resource allocation for improved efficiency and profitability across all departments.
- Oversaw complex negotiations with suppliers/vendors for favorable contract terms that led to cost savings.
- Developed comprehensive business plans, outlining long-term goals and actionable steps toward success.
- Delivered consistent revenue growth by identifying new business opportunities and expanding service offerings.
- Worked closely with organizational leadership and board of directors to guide operational strategy.
- Prepared annual budgets with controls to prevent overages.
- Reported issues to higher management with great detail.
- Negotiated price and service with customers and vendors to decrease expenses and increase profit.
Deputy Chief Financial Officer
Aspire Capital Holding Co.
09.2021 - 06.2023
- Collaborated with executive leadership team to develop and implement innovative financial strategies for growth.
- Negotiated favorable terms for debt financing, reducing interest expense while maintaining strong credit ratings.
- Spearheaded strategic planning initiatives to achieve long-term company goals and objectives.
- Increased financial efficiency by streamlining processes and implementing cost-saving measures.
- Developed comprehensive financial forecasts, driving accurate decision-making and budgetary planning.
- Managed relationships with external auditors to ensure timely completion of audits without significant findings or adjustments.
- Strengthened financial position, reducing debt and improving liquidity ratios through diligent cash management practices.
- Ensured timely and accurate financial reporting, maintaining full compliance with regulatory requirements.
- Streamlined month-end closing process through automation, resulting in reduced processing time and increased accuracy of reports.
- Controlled accounting operations and oversaw transactions related to payroll, financial reporting, payables and receivables.
- Ensured timely completion of annual audits by coordinating closely with external auditors and providing accurate documentation as needed.
Accounting Manager
Pioneers Holding Co.
06.2011 - 09.2021
- Collaborated cross-functionally to develop departmental budgets for optimal resource allocation and cost control.
- Optimized cash flow management through careful analysis of accounts receivable, accounts payable, inventory levels, and working capital requirements.
- Coordinated efforts between the accounting team and other departments to ensure accuracy in interdepartmental transactions recording and proper cost allocation.
- Proactively identified potential issues affecting company''s finances by conducting risk assessments on existing processes or proposed projects.
- Drove cost reduction initiatives by identifying inefficiencies in existing processes and suggesting improvements based on best practices.
- Managed cash flow effectively by optimizing working capital management practices and forecasting future needs accurately.
- Strengthened internal communication channels between finance team members through regular meetings and collaborative tools.
- Implemented internal controls to reduce errors and fraud while maintaining regulatory compliance.
- Managed budgeting process for multiple departments, resulting in more efficient resource allocation.
- Analyzed and reported on financial data to support business decisions.
- Generated monthly and quarterly financial statements for executive review.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Analyzed business processes to identify cost savings and operational efficiencies.
Financial Director
Pioneers Securities
06.2007 - 06.2011
- Improved cash flow management with timely invoicing, collections, and vendor payment protocols.
- Spearheaded process improvements that contributed to increased efficiency in financial planning and analysis functions.
- Ensured compliance with regulatory requirements through diligent financial audits and controls implementation.
- Increased profitability by identifying inefficiencies in operations and recommending cost-saving measures.
- Enhanced financial reporting accuracy by streamlining data collection and analysis processes.
- Maximized tax savings opportunities through diligent tax planning strategies in line with applicable laws and regulations.
- Provided comprehensive assistance for internal and external audits.
- Generated financial and operational reports to assist management with business strategy.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
- Complied with established internal controls and policies.
- Improved overall financial reporting by streamlining control processes and reporting structures.
- Created and managed financial models to evaluate corporate investments and acquisitions.
- Reviewed historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Financial Officer
Egyptian Exchange Co.
09.1999 - 06.2007
- Increased profitability by optimizing investment portfolios and managing risk exposure prudently.
- Mentored junior finance staff members, fostering professional development through ongoing training opportunities and targeted feedback on performance improvement areas.
- Worked closely with sales teams on pricing strategy implementation resulting in improved margins across all product lines.
- Developed comprehensive financial models to support strategic decision-making and business growth.
- Facilitated accurate financial reporting by implementing robust accounting policies and procedures, ensuring data integrity throughout the organization.
- Improved financial accuracy by implementing efficient budgeting and forecasting processes.
Education
Bachelor of Accountancy - Accounting
Cairo University
Cairo,Egypt 09.1995 - 07.1999
Skills
Fluent in English
undefinedTimeline
Managing Director of Financial Affairs
PRE Developments
06.2023 - Current
Deputy Chief Financial Officer
Aspire Capital Holding Co.
09.2021 - 06.2023
Accounting Manager
Pioneers Holding Co.
06.2011 - 09.2021
Financial Director
Pioneers Securities
06.2007 - 06.2011
Financial Officer
Egyptian Exchange Co.
09.1999 - 06.2007
Bachelor of Accountancy - Accounting
Cairo University
09.1995 - 07.1999
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