Basic Info

Ashraf Deyab

More than 15 years

Cairo, Egypt

Master's Degree

Manager

Work Experience

GROUP FINANCE MANAGER - CFO at AL ALAMIA FOR STEEL WIRE DRAWING AND MANUFACTURING

Experience Details

GROUP FINANCE MANAGER - CFO

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Lead the continuous evaluation of short and long-term strategic financial objectives.
• Provide credible, timely and accurate analysis of performance, budgets, financial trends and forecasts.
• Evaluate and advise on the impact of long range planning, introduction of new programs/ strategies and regulatory action.
• Support the overall processes of management and corporate decision making to ensure the organization maximizes its short, medium and long-term financial performance and shareholder returns.
• Provide recommendations to strategically enhance financial performance and business opportunities.
• Ensure business growth through directing and managing CAPEX planning initiatives to ensure these are delivered in accordance with the organizational strategy.
• Establish and maintain strong relationships with senior executives to identify their needs and seek full range of business solutions.
• Provide executive management with advice on the financial implications of business activities.
• Follow financial and tax regulatory laws and formulate strategies for long term financial and tax planning.
• Assess risks connected to the business and formulate plans to mitigate them Standardization and centralization of financial budgeting processes.
• Implement a strong financial controlling system and set appropriate KPIs for performance monitoring and achieving budgets.
• Act as a partner to the business by providing outstanding financial operations and sound analysis as well as supporting special business initiatives and projects.
• Establish good and cost effective relationship with financial institutions and external service providers
• Establish and evaluate corporate financial management, policies, procedures and structures to meet company goals.
• Lead the process of ERP implementation and manage users training and work allocation
• Provide direction to all financial operations (Business finance, manage procurement, project and subsidiary) to insure corporate financial data is accurate and is timely delivered, cash and assets are maximized, accounting systems are reliable and efficiently implemented.
• Ensure standard financial statements, Cost accounting, cash flow, budget, branch performance and variance analyses, and related statements are completed.
• Ensure timely monthly reporting of financial statements in accordance with the GAAP
• Oversee the development of and monitor adherence to operational and capital budgets, and develop cost containment strategies as required. Suggest and implement ideas for savings and additional revenue generation.
• Analyze financial information, adhere to tax law and regulation and identify trends in financial performance.
• Provide recommendations to strategically enhance financial performance and business opportunities.
• Evaluates and advises on the impact of long range planning, tax impact, introduction of new programs/ strategies and regulatory action.
• Coordinate external audits performed by corporate auditors and third-party entities ensuring timely, accurate and professional representation of all information provided.
• Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position and cash management.
• Identify potential business opportunities or improvements
• Review financial report and provide professional recommendation to senior management
• Mange budget process, planning and controlling
• Provide financial analysis for business and highlight risks and opportunities
• Oversee yearly, quarterly and monthly financial reporting
• Oversee variance explanation reporting and KPI - performance evaluation
• Regularly provide financial presentations to senior Management team
• Ensure business unit compliance with financial guide lines
• Lead yearly, quarterly and monthly budget review with local and regional team
• Implement and work with a business intelligence tools and dashboard reports
• Manage capital expenditure planning and reporting
• Develop and implement financial policies and procedure
• Oversee cost accounting and inventory management and reporting
• Control credit and collection
• Develop clear, accurate and transparent month end close, quarter close and end of year close reports
• Ensure strong internal control is in place
• Ensure compliance to with internal control required and any other trade compliance or other policies & regulations of the group


Company Details

AL ALAMIA FOR STEEL WIRE DRAWING AND MANUFACTURING

Egypt

N/A

Manufacturing, Travel and Tourism, Information Technology Services

N/A

Jan 2015 to Feb 2016 (1 year 1 month)
Group Financial Controller at Hewlett Packard – HP

Experience Details

Group Financial Controller

Accounting/Finance

Senior Management (e.g. VP, CEO)

• Manage group Finance department – Support organization’s long term and short term objectives
• Work as a finance partner with senior Management team to provide in-depth analysis and financial consultant that support strategy and goals
• Develop and implement financial strategy and goals
• Ensure profitable investment and manage investment risk
• Improve organization profitability
• Determine the creditworthiness of a company
• Ensure financial efficiency of the operation and determine the company’s ability to generate revenue
• Determine the optimal funding structure and financial planning for the company
• Determine the appropriate volume of sales through the analysis of the breakeven point analysis
• Determine the net value of the company and an indicator of the true financial position of the company
• Determine the cost structure of the company
• Evaluate the financial performance of senior management
• Assisting in the development of policies and programs of the company receiving and provide a suitable platform for decision making
• Determine the fair value of the shares of the company
• Ensure sufficient fund are available to support operation and running business
• Manage cash flow forecast and fund utilization
• Ensure reduction of cost of fund
• Control cash flow position
• Review financial report and provide professional recommendation to senior management
• Mange budget process, planning and controlling
• Provide financial analysis for business and highlight risks and opportunities
• Oversee yearly, quarterly and monthly financial reporting
• Oversee variance explanation reporting and KPI - performance evaluation
• Regularly provide financial presentations to senior Management team
• Ensure business unit compliance with financial guide lines
• Lead yearly, quarterly and monthly budget review with local and regional team
• Implement and work with a business intelligence tools and dashboard reports
• Manage capital expenditure planning and reporting
• Develop and implement financial policies and procedure
• Oversee cost accounting and inventory management and reporting
• Control credit and collection
• Develop clear, accurate and transparent month end close, quarter close and end of year close reports
• Ensure strong internal control is in place
• Ensure professional business standard and code of ethics are in place
• Manage enhance information system and regularly manage implement system upgrade
• Oversee statutory report and manage internal and external audit
• Coordinate with internal audit to execute organization’s internal audit
• Review the financial system process workflow and implement the necessary changes that support the organization growth and volume of transaction
• Expert in ERP (SAP) process workflow and implementation [SAP, BW and eFW reporting]
• Regularly review internal control system
• Oversee company payroll process preparation and control
• Manage corporate governance
• Tax reporting and compliances
• Review business proposals and customer contracts
• Knowledge of GAAP, IRFS, SOX compliance
Team management
• Manage staff under the GHRMS system
• Team hiring, training and people care
• Compensation planning
• Performance evaluation
• Succession planning


Company Details

Hewlett Packard – HP (multinational)

Egypt

More then 1000 employees

Manufacturing, Travel and Tourism, Information Technology Services

N/A

Aug 2008 to Aug 2011 (3 years)
Finance Manager at Electronic data systems

Experience Details

Finance Manager

Accounting/Finance

Manager

• Manage finance department
• Support organization’s long term and short term objectives
• Manage budget planning reporting and cost management.
• Highlight financial risks and opportunities
• Determine the creditworthiness of a company
• Ensure financial efficiency of the operation and determine the company’s ability to generate revenue
• Determine the optimal funding structure and financial planning for the company
• Determine the appropriate volume of sales through the analysis of the equalizer and operational analysis
• Determine the net value of the company and an indicator of the true financial position of the company
• Determine the cost structure of the company
• Evaluate the financial performance of senior management
• Assisting in the development of policies and programs of the company receiving and provide a suitable platform for decision making
• Determine the fair value of the shares of the company
• Capital expenditure and Cash flow management
• Act as a financial business partner to unit managers and provide financial consultant
• Inventory control and reporting
• Credit and collection management and control
• Develop clear, accurate and transparent Month end close, Quarter close and end of year close reports
• Implement and work with a business intelligence tools and dashboard reports
• Build and maintain solid relation with banks
• Control cash flow position and ensure excellent organization reputation
• Manage all external and internal audit activities.
• Oversee tax return preparation and all tax reporting
• Oversee company payroll process preparation and control
• Regularly oversee and evaluate ERP system implementation to improve business and financial reporting
• Regularly maintain improvement in system process and apply process re-engineering
Team management
• Team hiring, training and people care
• Compensation planning
• Performance evaluation
• Succession planning


Company Details

Electronic data systems (multinational)

Egypt

More then 1000 employees

Manufacturing, Travel and Tourism, Information Technology Services

N/A

Jan 1999 to Aug 2008 (9 years 7 months)
Senior Financial analyst at Citymax integrated information systems

Experience Details

Senior Financial analyst

Accounting/Finance

Experienced (Non-Manager)

• Support Financial Planning & Analysis business unit analysts by being first point of contact for issues and questions.
• Demonstrate appropriate understanding / working knowledge of accounting principles and internal controls, and apply them.
• Demonstrate insightful use of financial analysis techniques, tools, and concepts, to provide practical counsel to business area partners and management in order to drive business results.
• Responsible for performing special projects to improve process efficiency and performance Projects as assigned by Management
• Provide timely, relevant and accurate reporting & analysis of the results of the division’s performance against historical, budgeted, forecasted and strategic planning results to facilitate decision-making toward the achievement of the budget and strategic plan.
• Maintain and develop various financial models and standard templates distributed for use by all of Finance during the planning processes, ensuring quality, accuracy and focused analytic review.
• Assist with the new business process and working with Finance and Business Managers.
• Cash reconciliations, payment date accounting, monthly reporting and report production, daily modeling, analysis and reporting and financial Analysis.
• Responsible for day- to-day general ledger accounting and reconciliation, financial reporting and analysis for assigned functional areas.
• Research and resolve Business Unit(s) inquiries for assigned functional areas.
• Perform monthly balance sheet, income statement and changes in financial position/budget variance analysis
• Investigate and report to the Manager any inconsistencies or improprieties.
• Analyze data to ensure proper accounting procedures have been followed
• Prepare financial reports, charts, tables and other exhibits as requested
• Understand and facilitate the integration of business processes, people, and relevant technology, in order to identify, configure, and communicate useful information, and to provide practical business leadership to drive business decision making across the company.


Company Details

Citymax integrated information systems (multinational)

Egypt

101-500 employees

Manufacturing, Travel and Tourism, Information Technology Services

N/A

Jun 1996 to Jan 1999 (2 years 7 months)
Chief Accountant at TRAVEL PLUS Travel agency

Experience Details

Chief Accountant

Accounting/Finance

Experienced (Non-Manager)

• Responsible of prepare financial statement
• Arrange and control month end close calendar
• Ensure proper and accurate month end close reporting
• Review and approve Journal entries
• Provide comparison on a monthly basis between actual cost results vs. standard IATA measures in respect of Air ticket cost items.
• Ensure financial records are in line with GAAP
• Ensure tax and legal reporting compliance
• Provide training to accounting team
• Arrange end of year audit activities
• Balance sheet reconciliation
• Account payable and Account receivable
• Provide monthly cost analysis report
• Cash flow management
• Payroll and tax
• End of year audit


Company Details

TRAVEL PLUS Travel agency

Egypt

51- 100 employees

Manufacturing, Travel and Tourism

N/A

Feb 1993 to Jun 1996 (3 years 4 months)
Cost Accountant at ASPA Manufacturing and contracting

Experience Details

Cost Accountant

Accounting/Finance

Entry Level

• Collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures
• Analyzing audits of costs and preparing reports
• Making estimates of new and proposed product costs
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintaining Cost Accounting System
• Assisting in Month end close of the General Ledger
• Conducts physical inventories and monitors cycle count program
• Reconciles finished goods inventories


Company Details

ASPA Manufacturing and contracting

Egypt

101-500 employees

Manufacturing

N/A

Feb 1990 to Feb 1993 (3 years)

Achievements


Education

MBA in Finance and Banking

Education Details

MBA

Finance and Banking

Arab Academy for Science and Technology and Maritime Transport, Egypt

B / Very Good / 75 - 85%

N/A

Arab Academy for Science and Technology and Maritime Transport
2009 - 2010
Bachelor's Degree in Finance and accounting

Education Details

Bachelor's Degree

Finance and accounting

Ain Shams University, Egypt

Not specified

Ain Shams University
1985 - 1990
High School - Thanaweya Amma

High School Details

Thanaweya Amma

Al nokrashy school

Egypt

1985

C / Good / 65 - 75%

N/A

Al nokrashy school
1985

Certifications

GMAT
Nov 2009

Certificate details

GMAT

Nov 2009

435 out of 600

http://

N/A

Arab academy for science technology

N/A

This profile is fresh!
Last update 10 days ago.

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Profile Skills and Keywords

AccessAccountingAnalyticalArabicBusiness ControllingBusiness-orientedChief AccountantCitymax Integrated Information SystemsCost AccountantElectronic Data SystemsEnglishExcelFinanceFinance And AccountingFinance And BankingFinance ManagerFinancial AuditingFinancial ControllingFinancial PlanningGMATGROUP FINANCE MANAGER - CFOGroup Financial ControllerHewlett Packard HPInformation Technology ServicesInsuranceInternal ControlInternetLeaderLearningMBAManufacturingNegotiatorNew Tech.PlannerPwoer PointSAP SoftwareSenior Financial AnalystSportsTravel And TourismWord

Self-assesed Skills

Languages

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

internet

internet

: Expert

: Extreme - I love it!

:

More than 7 years

SAP software

SAP software

: Expert

: Extreme - I love it!

:

More than 7 years

Excel

Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Word

Word

: Expert

: Extreme - I love it!

:

More than 7 years

access

access

: Expert

: Extreme - I love it!

:

More than 7 years

pwoer point

pwoer point

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Financial controlling

Financial controlling

: Expert

: Extreme - I love it!

:

More than 7 years

Business controlling

Business controlling

: Expert

: Extreme - I love it!

:

More than 7 years

Financial planning

Financial planning

: Expert

: Extreme - I love it!

:

More than 7 years

Financial auditing

Financial auditing

: Expert

: Extreme - I love it!

:

More than 7 years

internal control

internal control

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Leader, Planner, Business-oriented, Negotiator

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