Ehab Mohamed Faried
Budget Manager
Nasr City, Cairo, EgyptWork Experience
Budget manager & deputy commercial managerFull Time
Minapharm pharmaceutical co
May 2011 - Jan 2020 -8 yrs, 8 months
Egypt , Cairo
- Job Details:- Identify new areas of the organization that can be expanded and developed - Implement supply chains that supportBusiness strategies to changing market conditions, new business opportunities, or cost reduction strategies. - Development of financial plans including budgeting and forecasting for the short/long term - Managing budgets, expenses , pricing and commercial arrangements - Analyzing the business performance, including the profitability, revenue, pricing and cost of goods sold,Cost reduction,Forecasts material cost& standard cost& inventory control. - Comparing the actual sales with forecasted sales, identifying the variance and its root cause on quarterly basis - Negotiate prices and terms with suppliers, vendors, or freight forwarders. - Supporting the Sales and Marketing department by conducting analysis of commercial opportunities - Monitor supplier performance to assess ability to meet quality and delivery requirements. - Analyze information about supplier performance. - Ensure with supply chain planners to forecast demand or create supply plans that ensure availability of materials or products. - Analyze inventories to determine how to increase inventory turns, reduce waste, or optimize customer service. - Participate in coordination of modification of production lines, or new product launches to ensure in material or production flow. - Coordination of supply chain management with other Departments (sales, marketing, finance, production, or quality assurance) to determine company goals and KPIs - Manage client relationships and identify opportunities for new contracts - Develop risk assessments and pricing structures for products - Conduct market research to inform strategic business decisions - Negotiate import/export contracts & review cost of export product and incentive for sales e team - Set the planning &budget procedures - Design or implement warehousing strategies for production materials or finished products. - Forecast future budget needs for all departments. - Prepare the annual and quarter estimated income statement, compare it with the actual income statement and identify the variance.
Financial managerFull Time
Egypt Otsuka pharmaceutical co
Feb 1988 - May 2011 -23 yrs, 3 months
Egypt , Cairo
- Job Details:- Manage corporate financial and strategic analysis on both business and organizational levels - Responsible for providing financial advice and support to work colleagues and senior managers to enable them to make sound business decisions. - Calculate margin profit to help top management make better investing decisions. - Review the monthly financial reports (Balance sheet and profit and loss) and all the balance sheet analysis. - Study the financial situation the end of every month in order to evaluate the hall business. - Made sound decisions, maximized revenues, minimized operating losses, and managed the performance and growth of the financial situation - Evaluate potential investments and build frameworks for new projects & new products - Drive the governance and analysis of the annual budgeting process and ongoing forecasts - Analyze financial statements of companies with accurse evaluation of the similar companies - Present investment options with a highly rate of return, advise on both local and global market conditions and predict future performance expectations - Capable to share in create internal control system or improve the existing one.
managerFull Time
- Job Details:monitor Bank account & bank reconciliation Account payable Account receivable Tenders Purchasing(Local & international) Cost account Repaired the financial reports
Education
College Diploma in Auditing
Ain Shams University (ASU)Jan 1994
BA in Commerce
Ain Shams University (ASU)Jan 1987
Skills
Languages
Arabic
FluentEnglish
Advanced
Training & Certifications
Budgeting
American Chamber of Commerce·2012International Business and Accounting System
Otsuka Pharmaceutical, Thailand·1996Administration and Management
Otsuka Pharmaceuticals, Singapore·1995