Oracle NetSuite
TAREK Ahmed Mounir
Director Of Finance
Cairo
Summary
Motivated Director of Finance promoting more than 18 years of experience with Financial and entrepreneurial firms in different aspects of finance and accounting (Financial Modeling, Budgeting, Costing, Financial Planning, Cash Flow, Financial reporting, taxes, and managerial skills) with a solid background in financial reporting in MENA.
Overview
22
22
years of professional experience
1
1
Certification
2
2
Languages
Work History
Director of Finance
Flat6Labs
02.2020 - Current
- Managed a high-performing finance team, providing guidance and mentorship to foster professional growth and development.
- Reduced overhead costs by identifying inefficiencies and implementing targeted cost-saving measures across various departments.
- Successfully managed multiple, concurrent projects by prioritizing tasks and allocating resources efficiently.
- Established strong relationships with banking partners for favorable financing terms on loans and lines of credit.
- Optimized cash flow management through diligent monitoring of receivables, payables, and investment activities.
- Collaborate the investment team evaluate the company SMEs' portfolio.
- Consolidated financial statements for multiple subsidiaries, ensuring accuracy and compliance with GAAP and IFRS standards.
- Enhanced company profitability with strategic financial planning, budgeting, and forecasting techniques to ensure optimal resource allocation.
- Improved internal controls and risk management strategies to safeguard company assets and minimize potential losses.
- Introduced software tools and process improvements to mitigate loss and drive operational growth.
- Partnered with IT and operational leadership to develop financial business plans with detailed benchmarks.
Finance Manager
Flat6Labs UAE LLC
02.2014 - 12.2017
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Handled accounts payable and receivable functions, ensuring timely payment processing and collection efforts.
- Implemented effective risk management strategies to safeguard company assets and minimize potential losses.
- Prepared internal and regulatory financial reports, balance sheets and income statements.
- Spearheaded successful financial audits by maintaining accurate records and documentation.
Manager of Accounts and Finance
Sawari Ventures
09.2010 - 02.2020
- Established solid relationships with external partners including banks, auditors, vendors, and clients to support business objectives.
- Spearheaded successful financial audits by maintaining accurate records and documentation.
- Optimized cash flow management, leading to improved liquidity for the organization.
- Handled accounts payable and receivable functions, ensuring timely payment processing and collection efforts.
- Improved financial accuracy by implementing streamlined processes for budgeting and forecasting.
- Developed comprehensive financial reports for senior leadership, facilitating informed decisionmaking.
Manager of Accounts and Finance
Flat6Labs
09.2010 - 02.2020
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Established solid relationships with external partners including banks, auditors, vendors, and clients to support business objectives.
- Managed and reduced operational costs through strategic analysis of expenditure and revenue trends.
- Spearheaded successful financial audits by maintaining accurate records and documentation.
- Optimized cash flow management, leading to improved liquidity for the organization.
- Handled accounts payable and receivable functions, ensuring timely payment processing and collection efforts.
- Improved financial accuracy by implementing streamlined processes for budgeting and forecasting.
- Developed comprehensive financial reports for senior leadership, facilitating informed decisionmaking.
- Led the annual budgeting process, involving department heads in setting realistic targets aligned with organizational goals.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Implemented effective risk management strategies to safeguard company assets and minimize potential losses.
Finance Manager
Borak Holding
10.2008 - 01.2010
- Facilitated effective financial decision-making by presenting complex data in simple visualizations.
- Supported mergers and acquisitions activities, conducting due diligence and valuation analysis.
- Enhanced budget management by implementing expense tracking and cost reduction strategies.
- Managed multimillion-dollar budgets, ensuring accurate allocation across departments.
- Improved financial forecasting accuracy, utilizing advanced analytical models.
- Ensured compliance with local, state, federal tax regulations; timely filing of all required documents, mitigating potential penalties or fines.
- Reduced reliance on external consultants by developing an in-house finance expertise center.
Accountant Manager
Naeem Holding For Investment
08.2005 - 09.2008
- Oversaw the successful integration of acquired businesses into existing accounting systems and practices.
- Streamlined month-end close procedures for increased efficiency and reduced errors.
- Designed custom financial reports to provide actionable insights for decision-makers across departments.
- Identified process improvements through regular review of financial statements and reconciliations.
- Led a team of accountants to successfully complete annual audits on time and within budget.
- Achieved cost reductions with thorough expense analysis and budget management.
- Implemented inventory control measures that resulted in improved stock tracking accuracy.
- Developed strong working relationships with cross-functional teams to maintain accurate records related to fixed assets depreciation schedules.
Supervising Senior Accountant
Naeem Portfolio And Fund Management
06.2003 - 07.2005
- Prepared monthly journal entries and reconciliations.
- Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
- Played a key role in the successful implementation of new accounting software, resulting in significant time savings and more accurate financial reporting.
- Developed strong relationships with clients, earning trust as a valued advisor on matters related to finance and taxation.
- Safeguarded company assets by establishing robust risk-management policies and procedures that effectively mitigated potential threats to organizational stability or profitability.
Accountant
Aico Portfolio Management
07.2002 - 05.2023
- Handled day-to-day accounting processes to drive financial accuracy.
- Maintained accurate records of fixed assets, including acquisition costs, depreciation schedules, and current values for insurance purposes.
- Streamlined month-end closing processes, resulting in reduced time spent on financial reporting tasks.
- Collected and reported monthly expense variances and explanations.
- Collaborated with external auditors during an annual audit process to provide necessary documentation and address any concerns or findings promptly.
Education
Bachelor of Commerce, Finance/Commerce, Accounting - Accounting And Finance
Ain Shams University
Cairo, Egypt 04.2001 -
Diploma in Finance & Investment - Finance & Investment
Ain Shams University
Cairo, Egypt 04.2001 -
Skills
Leadership
Communication
Interpersonal skills
Problem solving
Collaborative
Enterperneurship
Audit management
Cash Flow Management
Analysis
Cost Control
Debt management
Revenue Recognition
Financial reporting and analysis
Budget Planning and forecasting
Strategic Planning
Software
Zoho
Certification
Licensed [Job Qualified Chief Finance Officer - The Egyptian Institute of Directors (EIOD)Title] - [Timeframe]
Interests
Sports
History
Social Media
Fishing
Timeline
Licensed [Job Qualified Chief Finance Officer - The Egyptian Institute of Directors (EIOD)Title] - [Timeframe]
03-2020
Director of Finance
Flat6Labs
02.2020 - Current
Finance Manager
Flat6Labs UAE LLC
02.2014 - 12.2017
Manager of Accounts and Finance
Sawari Ventures
09.2010 - 02.2020
Manager of Accounts and Finance
Flat6Labs
09.2010 - 02.2020
Finance Manager
Borak Holding
10.2008 - 01.2010
Accountant Manager
Naeem Holding For Investment
08.2005 - 09.2008
Supervising Senior Accountant
Naeem Portfolio And Fund Management
06.2003 - 07.2005
Accountant
Aico Portfolio Management
07.2002 - 05.2023
Bachelor of Commerce, Finance/Commerce, Accounting - Accounting And Finance
Ain Shams University
04.2001 -
Diploma in Finance & Investment - Finance & Investment
Ain Shams University
04.2001 -