Ramez Sakr
Chief Financial Officer
Cairo
Summary
Results-oriented Chief Financial Officer bringing 15 years of experience in textile manufacturing and retail. Strong history of achieving both financial and non-financial business goals with effective controls and planning.
Overview
19
19
years of professional experience
4
4
years of post-secondary education
3
3
Languages
Work History
Chief financial Officer
Smartex Global Group
Tripoli
07.2021 - Current
- * Created, planned, and implemented policies and procedures to increase productivity and maximize return on investments.
* Oversaw deployment of strategic business plans to accomplish accounting, compliance, and revenue targets.
* Completed in-depth analyses of risks to control company profile, enhance systems and track legal concerns.
* Analyzed operational issues and implemented corrective action to maximize profits.
* Directed budget development, creation of budgetary controls and recordkeeping systems, and investment management.
* Tracked cash flow and financial planning to analyze the company's financial strengths and weaknesses and propose strategic directions.
* Assessed company resources to keep the business funded and nurture relationships with investors, lenders, and key partners.
* Oversaw production, costing, pricing, and distribution activities to generate profit for the company.
*Analyzed inventory strategy, reduced expenses and renegotiated contracts with vendors to increase profit margin.
* Conducted detailed analysis of company financial information and oversaw the preparation of related reports.
* Advised other executive leaders on strategies and intelligence to form relationships, understand current performance and set agenda for execution.
* Conducted detailed analysis of company financial information to drive internal and external financial reporting, stewardship of company assets and ownership of cash management to highlight company financials to key stakeholders .
Managing Director
SR Fashion for Ready Made Garments Company
Cairo
05.2017 - 06.2021
- Negotiated new annual contracts and service agreements with vendors to achieve prime pricing.
- Spearheaded successful business development initiatives aligned with company's strategy and core competencies.
- Documented processes and drafted SOPs to comply with regulations and company policies.
- Led change and transformation across business areas to deliver benefits and align company resources.
- Worked closely with organizational leadership and board of directors to guide operational strategy.
- Oversaw operations and provided corrective feedback to achieve daily and long-term goals.
- Monitored office workflow and administrative processes to keep operations running smoothly.
- Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow.
- Piloted cross-departmental projects to achieve successful delivery of new initiatives.
- Performed statistical analyses to gather data for operational and forecast team needs.
- Introduced new methods, practices, and systems to reduce turnaround time.
- Identified and qualified customer needs and negotiated and closed profitable projects with high success rate.
- Updated and resolved incidents and managed accessorial charges objectively while maximizing profit.
- Reduced operational risks while organizing data to forecast performance trends.
- Tracked trends and suggested enhancements to both challenge and refine company's product offerings.
- Implemented business strategies, increasing revenue and effectively targeting new markets.
Financial and Administrative Director
Swiss Cotton Garments Company
Bani Suief
10.2010 - 04.2017
- * Share in preparing the annual business plan of the company.
* Prepared the annual budget in accordance with the annual business plan.
* Monitor implementation and progress against these plans to ensure
that the company attains its objectives as cost-effectively and efficiently as possible on monthly bases.
* Ensure that the appropriate policies are developed to meet the company’s mission and objectives and to comply with all relevant statutory and other regulations.
* Communicated, directed corporate objectives, and assigned tasks to Affiliated departments to meet deadlines and adhere to company budgets.
* evaluate reports system regularly and Update reports, managed accounts, and generated reports for the company database.
* Cashflows management on effective bases to ensure the flow of business.
* Establish and maintain effective formal and informal links with banks and financial institution, and relevant government departments to exchange information and views and to ensure that the company is providing the appropriate range and quality of services.
* Represent the company in negotiations with Banks, Financial institution , government departments, and other key contacts to secure for it the most effective contract terms.
* Oversee the preparation of the annual report and accounts of the company and ensure their approval by the board.
* Develop and direct the implementation of policies and procedures to ensure that the company complies with all statutory regulations.
* Direct and control the work and resources of the company and ensure the recruitment and retention of the required numbers and types of well-motivated, trained and developed staff to ensure that it achieves its mission and objectives.
* Led, directed, managed and mentored more than 85 staff members.
Assistant Manager
Kuwait Finance and Investment Company, KFIC
Kuwait
04.2010 - 09.2010
- Conducting due diligence on companies and industries by researching, and reading financial statements and market data.
Analyzing financial information relating to specific companies, e.g
Company results, profit and loss, balance sheet, and cash flow statements to determine how an organization is positioned to deliver for investors;
Keeping up to date with market developments, new investment products, and all other areas that can affect the markets, e.g
Movements in the economies of relevant countries;
Considering how the economic implications of factors such as natural disasters, weather, wars, etc
Might affect the performance of companies and funds;
Financial modeling and projection;
Drafting and writing research reports for the Investment manager,
Making recommendations to fund managers, being able to position ideas and articulate to the fund manager about the risk or payoff for each recommendation;
Ensuring that all compliance regulations are met.
Audit Senior
Al-Bazie& RSM
Kuwait city
10.2007 - 03.2010
- Professional Knowledge - Preparing Financial Statements & It’s Footnotes according to international standards
- Preparing Interim Financial Statements
- Evaluation of Internal Control Systems
- Preparing Financial Projection
- Accomplish Accounting For Investments
- Accomplish Present Value Of Financial Tools
- Accomplish Financial Charts of Accounts
- Accomplish Financial Analysis
- Accomplish Sources & Uses Of Funds
- Audit Responsibilities - Participating in the preparation of the audit strategy & planning
- Test of controls of the accounting cycles
- Design the audit programs and procedures
- Test of details for the balance sheet items and balances
- Participating or been in charge of preparation of the management letters
- Analytical review
- Analyze of financial statements
- Prepare and review financial statements including cash flows, notes and disclosures
- Supervise the audit team and evaluate the team member's progress through the detailed review
- Assist in designing, developing and implementing internal audit systems
- Evaluating & developing the internal procedures, company’s policy (financial &
- Administrative regulations), organization chart, job descriptions
- Auditing the accounting department (audit plan, follow-up the audit procedure)
- Auditing admin procedures (follow-up documentary cycle, stress on company regulations)
- Physical Inventory, independent checks on performance and proper valuation of recorded amounts, segregation of duties (separate authorization, record keeping, and custody), and safeguards over access to assets and records
- Providing the top management with audit reports including the suggestions for solving problems
Auditor
KPMG Hazem Hassan
Cairo
11.2003 - 09.2007
- Professional Knowledge - Preparing Financial Statements & It’s Footnotes
- Preparing Interim Financial Statements
- Evaluation of Internal Control Systems
- Preparing Financial Projection
- Accomplish Accounting For Investments
- Accomplish Present Value Of Financial Tools
- Accomplish Financial Charts of Accounts
- Evaluation of Assets
- Accomplish Financial Analysis
- Accomplish Sources & Uses Of Funds
- Audit Responsibilities - Participating in the preparation of the audit s planning
- Test of controls of the accounting cycles
- Test of details for the balance sheet items and balances
- Participating or been in charge of preparation of the management letters
- Analytical review
- Analyze of financial statements
- Prepare and review financial statements including cash flows, notes and disclosures
- Supervise the audit team and evaluate the team member's progress through the detailed review
- Auditing the accounting department (audit plan, follow-up the audit procedure)
- Auditing admin procedures (follow-up documentary cycle, stress on company regulations)
- Physical Inventory, independent checks on performance and proper valuation of recorded amounts, segregation of duties (separate authorization, record keeping, and custody), and safeguards over access to assets and records
- Providing the top management with audit reports including the suggestions for solving problems
Education
B.Sc. - Commerce, Accounting
Commerce Faculty
Egypt 09.1999 - 05.2003
Skills
Excellent knowledge of Microsoft Officeundefined
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Success is often achieved by those who don’t know that failure is inevitable.
Coco Chanel
Timeline
Chief financial Officer
Smartex Global Group
07.2021 - Current
Managing Director
SR Fashion for Ready Made Garments Company
05.2017 - 06.2021
Financial and Administrative Director
Swiss Cotton Garments Company
10.2010 - 04.2017
Assistant Manager
Kuwait Finance and Investment Company, KFIC
04.2010 - 09.2010
Audit Senior
Al-Bazie& RSM
10.2007 - 03.2010
Auditor
KPMG Hazem Hassan
11.2003 - 09.2007
B.Sc. - Commerce, Accounting
Commerce Faculty
09.1999 - 05.2003
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