Basic Info

Ahmed Abdel-Latif

More than 15 years

Cairo, Egypt

Bachelor's Degree

Manager

Work Experience

Financial Controller at Engineering Company for Development and Inter-trading (EDIT)

Experience Details

Financial Controller

Accounting/Finance

Manager

Responsible for establishing and maintaining financial and management procedures for the department, ensuring compliance with all internal standards, controls and implementing best practice.
- Analysis of the books
- Reporting to management
- Producing accounts
- Cash flow forecasting
- Monitoring the performance of the department
- Overseeing all tax and regulatory/compliance issues
- Contributing to decisions regarding financial strategy


Company Details

Engineering Company for Development and Inter-trading (EDIT)

Cairo, Egypt

11-50 employees

Engineering Services, Medical Devices and Supplies

N/A

Sep 2014 to present (2 years 11 months)
Financial Controller at Arabian Beverages Company (ABC)

Experience Details

Financial Controller

Accounting/Finance

Manager

Responsible for:
• Reporting, budget and Costing for the group.
• ABC subsidiaries in KSA & Bahrain.

My main responsibilities are:
- Be a key advisor to the CEO & Group Financial Controller.
- Supervised implementation of ORECLE JDEdwards
- Serve as main channel of information to Group Financial Controller, CEO and operating executives on company economic, business and financial conditions, as well as their impact on the overall strategies and objectives.
- Re-organize the Finance dept. to reflect a modern and well-functioning group
- Analyze operating results of the business and its units versus approved plans and historical data.
- Establish procedures to mitigate the Group's subsidiaries financial risks, and maintain proper financial records and adequate accounting control and services.
- Oversee the annual budget and business plan of the departments, and direct Subsidiaries budgets. Also present recommendations for corrective budgetary actions in line with accounts produced and Company financial requirements.
- Recruit, train, motivate and evaluate team to ensure that the department has the necessary skill base and that staff are optimally motivated and enabled to maximize their potential and contribution to the company
- Evaluate and establish a new costing system for Kuwait Factory based on normal costing system.


Company Details

Arabian Beverages Company (ABC)

Kuwait

501-1000 employees

FMCG

N/A

Mar 2013 to Jun 2014 (1 year 3 months)
Regional Finance Manager at Al-Amin Medical Instruments Company

Experience Details

Regional Finance Manager

Accounting/Finance

Manager

Responsible for all aspects of financial management, including reporting and compliance activity, following the startup of Egypt, Libya, Sudan, Iraq and Lebanon. Reporting to Africa CEO and Group Financial Controller.
- Advises the countries on achieving their financial aims through understanding the overall current financial position and the financial strategic objectives for each country’s operation.
- Controls the cash flow position of each country, and ensure that resources of each country are properly managed to the best benefits of the company.
- Supporting high management with reliable analytical reports serve as a tool to a better decision making. P&L by product, BU, segment, branch and country compared to budget and prior year pointing out variances. BS and Cash flow analysis.
- Develops and proposes financial policies and procedures and updates them according to business need to maintain an internally controlled workflow.
- Overlooking Budget including preparation, cost control and analyzing variances.
- Handling Tax with Tax Authorities in coordination with Tax Consultant for 4 countries.
- Handling banks relationship, including types and amounts of needed facilities, hedging, import and export letter of credits and letter of guarantees.
- Work with the country Finance/Accounts Managers to support them in their roles working their natural working teams.
- Working with Regional Sales Managers & Regional CEO to ensure appropriate action plans are in place to regulate cost savings.
- Support non-finance Staff understands in financial information.
- Analyze (and process, where necessary) field financial data to ensure that AMICO-AFRICA’s consolidated accounts are a true and fair reflection of the current financial situation and manage intercompany transactions, including coordination with the external auditors and discusses comments (if any) to ensure soundness;
- Manage tenders calculations in coordination with Business Units Managers, Pricing and categorizing margins.
- Working on project/tender financing by studying the suppliers payment terms and the ability to modified it for project over USD 1 Million to to close the gap with expected collections, exploring finance tools such as L/C financing, L/C discounting, factoring,..


Company Details

Al-Amin Medical Instruments Company

Cairo, Egypt

101-500 employees

Medical Devices and Supplies

N/A

Sep 1999 to Feb 2012 (12 years 5 months)
Finance Manager at German Auto Service (GAS)

Experience Details

Finance Manager

Accounting/Finance

Manager

Responsible for:
- Establishing new chart of accounts to reflect each department’s duties and responsibilities.
- Preparing the data assisted in consolidating two different types of companies and discussing the results with the delegates of Money Market Association.
- Controlling bank facilities of the company and maintaining the proper control over the Accounts Payable.
- Preparing daily, monthly financial package for Top Management. - Optimizing the use and management of the company’s fund to the best interest of the company.
- Application of proper accounting system. - Adoption of inventory. - Establishing control procedures to reduce the risk of non-recording of accounting transactions;
- Controlling credit facilities to fleet customers and follow up on collections; - Establish procedures to control warranty and goodwill claims, follow up on collections and ensure proper application.
- Preparing annual budget for the company in coordination with departments' heads.
- Re-evaluating relations between department, and suggest improvements to best interest of the company, if needed;
- Dealing with external auditors from arrangements and audit findings points of view.
- Arrange relations with outside parties such as social insurance and labor work.


Company Details

German Auto Service (GAS)

Cairo, Egypt

51-100 employees

Automotive

N/A

Sep 1997 to Aug 1999 (1 year 11 months)

Achievements


Implementation of full ERP cycle (ORECLE JDEdwards) as Project Manager with work scope of full business cycle and gap analysis (Duration 8 months).

Evaluate and establish a new costing system for Kuwait Factory based on normal costing system.


Adapted and implementing sufficient finance and accounting procedures and internal controls started with one company in Egypt and ending with 6 companies in 5 different countries. In which increases sales from 7 digits to 9 digits.


Education

B.A in Accounting

Education Details

B.A

Accounting

Helwan University, Egypt

B / Very Good / 75 - 85%

N/A

N/A

Helwan University
1984 - 1988

Certifications

Certificate details

Certified Management Accountant (CMA)

Sep 2012

N/A

N/A

38251

ICMA

N/A

Certificate details

International Financial Reporting Standards (IFRS). (CertIFR®)

Dec 2011

N/A

N/A

N/A

ACCA

N/A

Certificate details

• Modern Accounting Certificate (MAC)

Feb 1988

N/A

N/A

N/A

American University in Cairo (AUC)

N/A

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Profile Skills and Keywords

AccountingAnalyticalArabicAutomotiveCertified Management Accountant (CMA)ERPEngineering ServicesEnglishExternal & Internal ReportingFMCGFinanceFinance ManagerFinancial ControllerImplementation Of Full ERP CycleInitiativeInsuranceInternal ControlsInternational Financial Reporting Standards (IFRS). (CertIFR)LeaderManagementMedical Devices And SuppliesMicrosoft ExcelMicrosoft PowerPointMicrosoft WordMusicProblem SolverReadingRegional Finance ManagerTeam PlayerTenders Preparation And Calculation Modern Accounting Certificate (MAC)

Self-assesed Skills

Languages

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

ERP

ERP

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft PowerPoint

Microsoft PowerPoint

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Word

Microsoft Word

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

External & Internal Reporting

External & Internal Reporting

: Expert

: Extreme - I love it!

:

More than 7 years

Finance

Finance

: Expert

: Extreme - I love it!

:

More than 7 years

Management

Management

: Expert

: Extreme - I love it!

:

More than 7 years

Internal Controls

Internal Controls

: Expert

: Extreme - I love it!

:

More than 7 years

Tenders preparation and calculation

Tenders preparation and calculation

: Expert

: Extreme - I love it!

:

More than 7 years

Implementation of full ERP cycle

Implementation of full ERP cycle

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Leader, Initiative, Problem Solver, Team Player

Online Presence

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