A DBA, dual MBA, DIP-holding, expert financial director, and chief financial officer with 25 years of experience in the Egyptian and Gulf job market. Increased the capital efficiency of his current company to 1B EGP, and through smart financial decisions, he increased its overall budget and business values to 2B EGP. Looking to accomplish more achievements as a chief financial officer at a well-established company.
Overview
28
28
years of professional experience
1
1
Certification
Work History
Chief Financial Officer CFO
Abdullah Alhomaidhi Sons Holding Co
Key Achievements:
Improved the financing and accounting team’s process and tasks instead of the pre-existing manual approach
Key Responsibilities:
Provided financial reports and interpreted financial information to managerial staff while recommending further courses of action.
Advised on investment activities and provided strategies that the company should take
Maintained the organization’s financial health.
Analyzed costs, pricing, variable contributions, sales results, and the company’s actual performance compared to the business plans.
Chief Financial Officer (CFO)
ALMUNIF PIPES
- 12.2022
Key Responsibilities:
Financial and Administrative Oversight:
Leading and managing the entire finance and accounting team.
Preparing and reviewing financial statements in accordance with IFRS International Financial Reporting Standards.
Ensuring full compliance with the requirements of the financial market and the Securities and Exchange Commission (such as disclosures and laws).
Financial Planning and Analysis:
Preparing long- and short-term financial plans.
Developing risk management strategies.
Preparing financial forecasts and analyzing the company's financial performance against targets.
Corporate Governance and Compliance:
Ensuring compliance with the Capital Market Authority (CMA) regulations and laws governing joint stock companies.
Supporting the implementation of best corporate governance practices within the company.
Internal Control and Risk Management:
Developing strong and effective control systems to protect the company's assets.
Working with the Internal Audit Committee to ensure the integrity of financial operations.
Finance and Liquidity Management:
Smartly manage cash flows and ensure the liquidity needed to operate the business.
Develop innovative financing strategies to support growth (such as issuing stocks or bonds).
Leadership and Development:
Build a strong finance team and develop talent within the finance department.
Provide support to other departments regarding financial aspects.
Financial Director
Forward for Contracting & Real Estate
09.2020 - 05.2022
Key Achievements:
Saved millions of Egyptian Pounds for the company through;
Enhancing the accounting department to achieve results more efficiently according to the IFRS
Trained staff on definitions and best practices of financial statements
Implemented ERP Microsoft Dynamics which increased the number of reports and enhanced internal communication
Prevented the company’s falling into any fiscal gaps
Increased the company’s capital efficiency to 1B EGP
Increased the company’s overall budget and business values to 2B EGP through smart financial decisions
Changed the company’s negotiation method to depend on the net present value and other chances
Acquired the ISO 9001 certification
Chief Financial Officer (CFO)
Egyptian Company For Integrated Contracting – ECIC
09.2018 - 08.2020
Key Achievements:
Changed the company to be a joint stock one
Enhanced the accounting department to achieve results more efficiently according to the IFRS
Key Responsibilities:
Directed the preparation of all financial statements, including income statements, balance sheets, shareholder reports, tax returns, and governmental agency reports.
Analyzed operations to identify areas needing reorganization, downsizing, or elimination.
Worked with the CEO and other executives to coordinate planning and establish priorities for the planning process.
Ensured quality control over financial transactions and financial reporting
Managed and complied with local, state, and federal government reporting requirements and tax filings
Developed and documented business processes and accounting policies to maintain and strengthen internal controls
Performed a variety of advanced financial analyses to determine the current and forecasted financial health of the company
Used financial modeling to simulate financial scenarios
Financial Consultant
Saudi Industrial Development Company Saudi Arabia (SIDC)
10.2015 - 08.2018
Key Achievements:
Saved 10M SAR after imposing financial revision and control over operations’ decisions
Saved 4M SAR by avoiding certain loans and looking for other financing solutions
Oversaw and supervised IFRS implementation for the first time in the company’s history
Key Responsibilities:
Enhanced the company’s decision-making quality by centralizing the financial department
Optimized marketing team’s spending by analyzing their activities and enhancing their decision-making process
Ensured that the finance function has reliable financial reporting systems capable of generating reports that satisfy stakeholder’s requirements
Developed performance measures and monitoring systems that support the company's strategic direction
Provided financial leadership, advice, and support to the company
Tenders and Projects Manager at Abdullah Ibrahim Al Sayegh and sons Co. ( SGC )Tenders and Projects Manager at Abdullah Ibrahim Al Sayegh and sons Co. ( SGC )