
Raied Fouad Massoud
Chief Controller at LSG Sky Chefs , Cairo, Egypt
Maadi, Cairo, EgyptWork Experience
Chief Controller Full Time
LSG Sky Chefs , Cairo, Egypt
Jan 2018 - Present -7 yrs, 6 months
- Job Details:• Managing controlling department LSG Sky Chefs Egypt Joint Venture - 1st Joint Venture between governments owned Company and Multinational. • Starting from 2018 Controlling department had been extended to be responsible not only for financial controlling but also for all company department’s control, • I promoted to the current position after wonderful achievement by strict controlling in all sides and departments, which leaded to reduce the material cost from 52% into 32%, which had a huge effect in the company profitability. • The below responsibilities which i curried during last 8 years still on my duties in additions to lead a big team who is responsible for Finance control,store control , cost control, purchasing control and costing. • Managing Finance controlling, Building cycle documentary for cash, bank, Purchasing, And stores leading the company resources for best use. • Develop effective strategies to ensure the management accounts and management information on budgets, forecasts and business plans is provided in a timely manner and conveys detailed information and analysis to enable the business to make strategic and operational decisions. • Enable managers to have visibility of the margins and costs for individual customers, products and production lines, and be able to respond to opportunities in the market. • Evaluate and report on the actual costs and benefits of sales, marketing and promotional activities, the validity of forecasts, and provide advice and evaluations for future market development activities. • Treasury Management to actively manage the cash flow and working capital of the business and oversea the effective management. • Build effective team and cross functional team working relationships • Review annual performance results and directs resources to enable the business to develop appropriate capabilities and a talent pool for future growth • Solid record of costing and pricing methodologies securing margins through economic and business analysis while maintaining customer satisfaction • Involved FIFA Plus project (SAP/SAPMM/SAPSD/CO) for LSG Sky Chefs Egypt .Completed business process implementation at different departments for more optimization, higher productivity and efficient internal control. Continuously conduct GAP analysis and lead steering meetings for corrective action and successful process follow up. • Preparing company Budget, plan CAPEX Commensurate with the resources available to achieve the greatest return-profit while keep the high quality. • Manage the process of internal audit Plus Control process of auditing with Government and local auditor • Preparing the analyses of all (Balance sheet, Income statement, payroll, procurement) with comparing between the BUD and ACT to clarify the weakness and strong points in company accounts to keep the best return-profit. • Preparing all Finance presentation “board meetings documents - Staff Meeting- Management Report”. • Control production plane and its effect on store, production and Purchasing for Food Cost Control. • Closing month accounts and prepare P&L, BS on behave of chief accountant if it’s needed. • Preparing Company SOP (Standard Operating Produce).
Financial ControllerFull Time
LSG Sky Chefs, Cairo, Egypt
Feb 2010 - Dec 2017 -7 yrs, 10 months
Egypt , Cairo
- Job Details:• Managed controlling department LSG Sky Chefs Egypt Joint Venture - 1st Joint Venture between governments owned Company and Multinational. Building cycle documentary for cash, bank, Purchasing, And stores leading the company resources for best use. • Develop effective strategies to ensure the management accounts and management information on budgets, forecasts and business plans is provided in a timely manner and conveys detailed information and analysis to enable the business to make strategic and operational decisions. • Enable managers to have visibility of the margins and costs for individual customers, products and production lines, and be able to respond to opportunities in the market. • Evaluate and report on the actual costs and benefits of sales, marketing and promotional activities, the validity of forecasts, and provide advice and evaluations for future market development activities. • Treasury Management to actively manage the cash flow and working capital of the business and oversea the effective management. • Build effective team and cross functional team working relationships • Review annual performance results and directs resources to enable the business to develop appropriate capabilities and a talent pool for future growth • Solid record of costing and pricing methodologies securing margins through economic and business analysis while maintaining customer satisfaction • Involved FIFA Plus project (SAP/SAPMM/SAPSD/CO) for LSG Sky Chefs Egypt .Completed business process implementation at different departments for more optimization, higher productivity and efficient internal control. Continuously conduct GAP analysis and lead steering meetings for corrective action and successful process follow up. • Preparing company Budget, plan CAPEX Commensurate with the resources available to achieve the greatest return-profit while keep the high quality. • Manage the process of internal audit Plus Control process of auditing with Government and local auditor • Preparing the analyses of all (Balance sheet, Income statement, payroll, procurement) with comparing between the BUD and ACT to clarify the weakness and strong points in company accounts to keep the best return-profit. • Preparing all Finance presentation “board meetings documents - Staff Meeting- Management Report”. • Control production plane and its effect on store, production and Purchasing • Closing month accounts and prepare P&L, BS on behave of accounting manager if it’s needed.
Internal AuditorFull Time
Ring For Mobile Distribution “ A Subsidiary Of Orascom Telecom Holding “
Jan 2008 - Jan 2010 -2 yrs
Egypt , Cairo
- Job Details:• Steered and led Finance teams of 36 Branches. Monitored revenue and budget planning process. Exceeded target expectations. • Monitored sales and logistics processes.
Senior AccountantFull Time
Ring For Mobile Distribution “ A Subsidiary Of Orascom Telecom Holding “
Jan 2007 - Jan 2008 -1 yr
Egypt , Cairo
- Job Details:• Cash Expenses accounts, General and accrued with all related GL. • Sales transactions, Withholding Tax control and Discount notices. • Accounts receivables, Fixed Assets control with tracking system.
Education
Bachelor's Degree in Commerce, account dept
South Valley University (SVU)Jan 2001 - Jan 2004 - 3 yr
High School - Thanaweya Amma
ALEX High SchoolJan 2001
Achievements
strict controlling in all sides and departments, which leaded to reduce the material cost from 52% into 32%, which had a huge effect in the company profitability.
Skills
- Accounting
- Microsoft Office
- Internet
- Microsoft Dynamics GP
- Business Planning
- Controlling
- SAP
- smart
- Finance Management
- Budget - Forecast
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Languages
Arabic
FluentEnglish
Advanced
Training & Certifications
KPI’s From A to Z
Cairo, Egypt·2018Egyptian labor and social insurance law
Cairo , Egypt·2017VAT “ Value Added Tax “
Cairo Egypt·2016Aemi “Controlling and Reporting System for Consolidated companies “
Johannesburg, South Africa·2016VAT “ Value Added Tax “
Cairo Egypt·2016IFRS - International Financial Reporting Standards
2015ClacMenue – Costing System
Cairo, Egypt·2014LSG Sky Chefs Compliance Training
Cairo , Egypt·2013SAP MM Processes
Johannesburg, South Africa ·2012Procurement Excellence
Johannesburg, South Africa·2012SMART - Standard Management And Reporting Tool
Frankfurt, Germany·2011SAP FI, MM Training
Frankfurt, Germany·2010SAP
LSG Sky Chefs - Lufthansa·2010Overall Controlling Training
Neu Isenburg, Germany·2010Microsoft dynamics Great Plains
Cairo - Egypt·2008Microsoft dynamics Great Plains
Microsoft·2008Business Corresponds & Communication Skills
Cairo - Egypt·2008completed path in the account applications
Cairo - Egypt·2006