Fathy Saad fathy
lead by example
6th of October, Giza, EgyptWork Experience
Finance ManagerFull Time
Jun 2017 - Present -8 yrs, 1 month
United Arab Emirates , Abu Dhabi
- Job Details:Responsibilities: • Manage and lead the Finance team by setting clear targets and framework, coaching, supporting, following up, and monitoring each team member in line with the Penguin Spirit to ensure the effectiveness and efficiency of the whole finance team. • Support and assist the Company Manager on all financial matters by contributing to the formulation and implementation of strategic objectives and policies designed to maximize the return on capital employed; preparation of budgets, forecasts, and plans for the company in order to achieve strategic objectives and targets. • Maintain accounts and financial reports as per Corporate Policy by ensuring that all financial accounting, receivables and payables, and statutory records are in line with the standards of Jotun Group and in compliance with all local requirements and regulations to achieve accurate and standard statements of accounts. • Manage the financial monthly, tertiary, and annual controlling and reporting process by completing and analyzing closing of accounts statements to ensure accuracy and record the company's monthly financial status and KPIs. • Manage the submission of all corporate tax-related returns to ensure compliance with statutory requirements. • Ensure adequate internal control procedures are established and maintained by reviewing schedules of authority and auditors’ comments in order to maintain financial and procedural discipline. • Ensure timely and safe credit management and collection to align with business strategy and focus on credit risk management. • Implement corporate governance procedures, risk management, and internal controls.
Finance ManagerFull Time
Sep 2012 - May 2017 -4 yrs, 8 months
Egypt , Cairo
- Job Details:Overall responsibility for establishing appropriate systems and coordination of financial planning, reporting and ensure proper controls in place. Responsibility for the timeliness & accuracy of the internal & external reporting, cash flow management, coordination of the budget process & preparation of forecasts & deviation reports. Ensure proper Credit Control & Treasury management and minimizes financial risks in order to build and secure the company financial position in accordance with JOTUN 's business strategy, ensure that liquidity and required facilities and funding are available
Regional Finance ManagerFull Time
AlanDick & Co (North Africa)
Feb 2007 - Aug 2012 -5 yrs, 6 months
Egypt , Cairo
- Job Details:• Responsibility for all North Africa financial matters • Forecast and report on all financial matters • Responsibility for implementation of INFOR ERP SL8 within existing businesses within the region • Contribute to preparation and review of the Northern Africa regional budget • Treasury & Banking … arranging loan facilities for local operational requirements • Responsibility for understanding individual Contracts • Proactively look at ways to improve how we do business • Forecast and manage risk • Provide reporting to the General Manager on a timely basis as per schedule and as may be reasonably requested • Develop and maintain effective relationships with Customers • Ensure regular communications with the Customer in order that their requirements are understood and complied with • Ensure that all members of staff comply with Company procedures so that the works are carried out in line with Group requirements • Ensure that the projects are completed within budget in order that and AD(Group) achieves it’s objectives • Provide forecasts vs actuals of revenue, cash flow, cost, debtors, creditors, margin, etc. • Ensure that the quality of work provided by staff is to the required standards so that the professional image of the Company is maintained • Communicate North Africa goals/requirements to the local staff • Support, develop, motivate and direct staff within the region • Handling Hyperion Financial Management System (HFM).
Assistant Finance ManagerFull Time
- Job Details:• Responsible for all financial transactions, procedures and controls for Egypt offices. • Responsible for establishing controls and written procedures for all financial transactions for Egypt offices. • Develop Chart of accounts structures including principles of chart of account • Develop basic corporate structure to be used in consolidation. • Ensure balance sheet reconciliations are performed and reviewed on a monthly basis for all accounts and filed in a reconciliation folder. • Ensure compliance with all local and global Finance SOPs. • Ensure outstanding freight is kept to a minimum • Ensure that travel expenses for the staff has the necessary approval and settle according to the procedures • Follow up on freight collections and outstanding cases, in regards to normal & credit customers. • Daily update of line and agency expenses. • Creation of flow system for cashier handling of petty cash / freight collections on daily basis. • Updating and control of the intercompany account • Updating the commission for Maersk Egypt and Safemarine Egypt • Preparing and updating the figurers for the budget on a yearly basis and for the Board Meetings as well. • Preparing and updating the figurers for the accruals and the estimate on a monthly basis • Preparing the bank reconciliation for Maersk Egypt accounts(EGP and U$D) • Updating fixed assets on the RRAS fixed Assets module. • Ensure that all handling of cash in Egypt offices is done in a secure and proper manner • Control and update of Operation transactions for Egypt offices. • Monthly update of Prepayments • Ensure that all accounting entries are correctly posted and up-to-date. • Audit of financial transactions. • Ensure that the fixed assets register always is up-to-date • Preparation of monthly Depreciation schedules • Ensure that all Debtor accounts are reconciled regularly (at least quarterly) • Ensure that all accounting tasks are carried out in accordance with company policy and the prevailing laws of Egypt. • Preparation of budget and Board Meetings materials. • Handling the Monthly Disbursements (MD) & the Inter-company transactions. • Finalization of monthly figures and updating of accruals and estimates. • Handling Hyperion Financial Management System (HFM) • Dealing with General investment Authority • Dealing with Salary ,withholding tax department
Education
Commerce in Commerce
Cairo University (CU)Jan 1987 - Jan 1991 - 4 yr
Achievements
I successfully managed cash flow and minimized currency losses during a currency devaluation. Additionally, I improved the company's days of outstanding (DSO) and ensured no tax penalties were incurred since the tax was implemented four years ago. Lastly, I effectively managed and coached the finance team.
Skills
- Accounting
- Finance Management
- Microsoft Excel
- Microsoft Word
- Microsoft Powerpoint
- Microsoft Office
- Financial Analysis
- Accounting Software
- Communication
- finance manager
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Languages
Arabic
FluentEnglish
Fluent
Training & Certifications
Maersk Sealand E-driver’s Licence
Maersk Learning Centre ·2001• "Promise Promises"
Ken Blanchard company·2001• Situational Leadership
Ken Blanchard company·1999