Samy Farghaly
Cairo,C
Summary
A challenge career opportunity, whereby I can develop and utilize my background, education And professional experience to reach the most ambitious executive levels.
Overview
20
20
years of professional experience
1
1
Certification
Work History
CFO
Helioeast Egypt Group
01.2023 - Current
- Overseeing all aspects of an organization’s financial function
- This includes managing budgets, monitoring cash flow, optimizing capital structure, and ensuring effective utilization of financial resources to enhance profitability and drive growth.
Treasury Manager
Suez cement Group, Heidelberg cement group
05.2008 - 12.2022
- Managing treasury, reporting functions for Suez cement group
- Ensure the availability of financial resources required to run current operations, while optimizing the relevant costs, contributing to the optimal management of insurance policies, according to the
- Heidleberg cement Group Financial Policies; - Ensure the management of counterparties risk, identifying qualified financial and banking counterparties, in line with the criteria defined in the Heidleberg cement Group Financial Policies; - Draft the treasury forecast, monitoring on daily basis cash position of
- Suez Cement Company and its subsidiaries, optimizing cash receipts and disbursements and collaborating, when necessary, with
- Heidleberg cement in the management of cash surplus and/or funding needs.of 3Page - Manage and negotiating short-term fund raising entering the transactions in the Treasury information system
- Provide funds for payments (commercial, fiscal, financial, etc), and executing cash-in and cash-out operations according to the treasury forecast, entering the executed transactions in the Treasury
- Information System; - Periodically updating Treasury reporting on the financial transactions of Suez Cement Company, analyzing differences compared with the budget, proposing and implementing corrective actions, where necessary; - Ensure complete and accurate documentation of the financial transactions conducted with third parties and its Subsidiaries, including loan agreements, bank accounts and guarantees
- Manage and maintaining all bank relationships and banking initiatives, along with cash management, debts and other treasury responsibilities, ensuring the needed cash availability, also through leveraging on synergies and opportunities coming from Heidleberg cement Group’s negotiating power towards financial institutions; - Monitor opportunities to secure national soft loans and ensuring the proper management of proceedings and negotiations; - Cooperate with the Heidleberg cement Group
- To develop specific projects directed to the identification, evaluation and management of insurable risks; - Identify a clear definition for Cash needs & resources, and forecasts
- Suez Cement Group cash flows
- Assure continual preparation of comparative analysis for the differences between actual and planned flows in continual basis
- Monitor and review treasury process activities
- Confirm optimizing the financial incomes and charges - Propose the appropriate actions (financing / investing) to be taken in terms Suez Cement Group cash management.of 4Page - Draft treasury reporting with full compliance to Heidleberg cement
- Group Treasury Function - Provide Suez Cement Group Management with required information, financial analysis & studies - Negotiate and flow up bank loans when needed upon management decisions - Build, keep and maintain good relationships with banks and all related company’s departments also subsidiaries base on company interest, ethics and laws - Confirm updating Suez Cement Group management and parties connected with the important changes in laws, rules and regulations
- Concerning the banking laws and regulations
- Coordination with the Procurement, Customs Clearance and Payable
- Managements in the company as well as banks pre-appointed to create the bank request for the documentary credits and shipping documents for purchases from abroad
- Follow up the letters of guarantee issued and received to the company and the advance payments.
Application Support, Credit Analyst & member of Credit Committee of the branch
Bank of Alexandria Intesa
11.2006 - 04.2008
- San Paolo System, for Loans & Overdrafts from business side at Bank of Alexandria Intesa San Paolo Restructure department
- Responsibilities:
- Create new products on the system (finacle application) according to bank requirements, responsible for any changes in application & test the new applications & maintain the main products
- System Application Support for Clearing System of Bank of
- Alexandria Intesa San Paolo Restructure departmentof 5Page
- Responsibilities:
- Checking all bank requirements for clearing checks to be applied on the system, coordinate with the foreign expert, and test all the changes on (FinacIe application) and supervising applying the new system (Finacle) of the clearing room of the bank
- Prepare the system user manual of the bank for clearing, cash & non cash operations
- Member of the "Champions Team" that was responsible for training bank employees on the new system (the finacle application) at Bank of Alexandria restructure department
- Responsibilities:
- Training general users to deal with (the finacle applications), of Alexandria – Sharm El Sheikh
- Work in Corporate and retail loans, make all analysis with my supervisor like economic, accounting, social analysis and prepare the study containing my opinion
- Also I was Responsible in previous year in the branch about study the risks of our loans and deal with bad debts
- And I was working at General Accounting, Foreign Exchange , Bills Clearing
- Customer service Departments also I was Responsible about public relations in
- Sharm El Sheikh Branch
- El Naib co., for Trade & Distribution in Assiut
General Accountant
Bi Tec
01.2004 - 01.2008
- Money Laundry
- 8/2004 Point of Sale system via visa card and master card
- 10/2004 How to manage and lend small projects (at Central bank of Egypt,)
- 1/2005 How to use the new editions of ATM of bank of Alexandria
- 3/2005 Retail banking & BASEL laws
- 3/2005 How to manage and lend small projects (at Bank of Alexandria)2005 The Legal sides of banking credit
- 9/2005 Analyzing & classifying the balance sheet
- 9/2005 Credit risk analysis
- 9/2005 The Legal sides of banking credit
- 5/2010 Marine / Air insurance
- 11/2014 Job Master Assessment evaluation
- 2/2015 PMP certificate prep
- 6/2018 Advanced accounting training in RCC academy In Heidelberg
- Germany
- 10/2018 Lease training IFRS 16 in Heidelberg cement Germany
- 3/2019 CIM training in in Heidelberg cement Germany
- 11/2020 CTP attendance
- Training courses that I’ve lectured:
- 3/2009 The collection and how to invest with pension money for
- Sudanese employees working for the National Pension’s Fund
- 5/2009 Cash and bank accounts management for Treasury Department at Seif Group
- 7/2009 Develop the skills of Sudan's central bank tellers as well as the
- National Pension Fund tellers, Sudan
- Communication skills:
- Good in negotiations, motivated, work with groups, good in public Relations, leading Character.
General Accountant
Tourism
Cairo
11.2002
- Page
- Training rounds:
- 5/2001 System procedures of Bank of Alexandria
- 2/2002 Feasibility study & evaluation projects
- Training at Bank of Alexandria Assiut branch
- In credit department (One of the main branches)
Financial Manager of Minia
Olympic Stores Co
Education
B.C - Commerce, Accounting
Assiut University
01.1996
Skills
- Computer skills:
- Good knowledge of main
- Microsoft office package
- (Word, Excel, Access, PowerPoint, windows, and internet)
- Financial Management
- Reporting Skills
- Risk Management
- Financial Administration
- Reporting Expertise
- Public Accounting
- Business Forecasting
- Infrastructure Development
- Audit Coordination
- Regulatory Requirements
- Regulatory Compliance
- Accounting Principles Understanding
- Budget Development
- Quantitative Analysis
- Documentation Requirements
- Financial Reporting
- Documentation Compliance
- Accounting Principles
- Operational Management
- Fiscal Management
- Infrastructure Planning
Certification
Finalize CTP attendance 2020
Languages
Languages
English
Proficient
C2
Arabic
Proficient
C2
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Timeline
CFO
Helioeast Egypt Group
01.2023 - Current
Treasury Manager
Suez cement Group, Heidelberg cement group
05.2008 - 12.2022
Application Support, Credit Analyst & member of Credit Committee of the branch
Bank of Alexandria Intesa
11.2006 - 04.2008
General Accountant
Bi Tec
01.2004 - 01.2008
General Accountant
Tourism
11.2002
Financial Manager of Minia
Olympic Stores Co
B.C - Commerce, Accounting
Assiut University
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