Basic Info

Tarek El kat

More than 15 years

Al Riyadh, Saudi Arabia

Master's Degree

Senior Management

Work Experience

CFO at Casa Piu Trading Company

Experience Details

CFO

Accounting/Finance

Manager

• Overview
• Reporting to the Managing Partnership of the agency, responsible for directing the fiscal functions In addition, directly involved in providing strategic financial input and leadership on decision making issues affecting the agency. Finally, through keen oversight of the accounting process, enhance and/or develop, implement and enforce policies and procedures by way of systems that will improve the overall operation, effectiveness and financial condition of the agency.

Trade Company in KSA (import & trade tiles-sanitary ware –mixers- accessories-kitchens)
• May 2011 till now financial director at big commercial company for import and trade

Duties and Responsibilities
1. Financial Management
• Direct Accounts Payable (AP) and Accounts Receivable (AR) processes to ensure timely billing and sufficient cash flow for the agency
• Develop a reliable cash flow projection process and reporting mechanism which includes minimum cash threshold to meet operating needs of the agency and ensures timely invoicing to the agency’s clients and payments to outside vendors
• Optimize overhead expenditures
• Oversee the collection of past-due accounts
• Facilitate the optimization of the agency’s accounting software system, by providing the appropriate information in regards to estimating, traffic, Profit & Loss, revenue and account summary reporting
• Create and implement a working capital plan and direct investment of excess working capital
• Investigate and recommend outside resources for capital when needed, negotiating competitive rates
• Report monthly to the managing partners on all financial areas
• Maintain and administer stock ownership practices and reporting to shareholders
• Oversee and direct the annual auditing process and report to shareholders
• Satisfy all regulatory and tax compliance filings and reports, while working to minimize taxes

2. Risk Management
• Review existing client contracts to ensure maximum profitability
• Develop a standard contract to be used by all of Account Services in the implementation of new relationships which minimizes risk to the agency and maximizes profitability
• Implement stringent confidentiality agreements with all vendors, clients and employees in order to protect the intellectual and creative property of our clients and the agency
• Preserve, protect and vigorously defend the firm’s assets, business and interests

3. Systems and Support
• Manage systems staff in order to provide reliable service and support to all technological areas within the agency including, but not limited to, internet and email, file back-ups, network, Macintosh and PC computers, graphic interfaces and printers, scanning equipment, etc.
• Review, recommend and direct the appropriate capital expenditures for all technological areas
• Manage staff in the compliance of software for all users
• Develop and implement a disaster recovery plan and procedures to insure minimal interruption to business, as well as maintaining invoicing for cash flow

4. Administrative
• Work directly with team leaders/department heads in the forecasting of revenues and expenses for all clients, reporting to managing partners on a quarterly basis
• Oversee and administer all agreements for office/storage space leases, computer leases, etc.
• Direct and manage the purchase of office furniture and supplies
• Monitor payroll and travel expenditures
• Initiate meetings as needed with agency staff and/or managing partners to address areas of concern or ideas for process efficiency and improvement

5. Human Resources Management
• Manage, motivate and provide leadership to an accounting staff of eight individuals
• Direct the controller in providing and directing procedures and systems necessary to maintain proper records and to afford adequate accounting controls and services
• Monitor and evaluate subordinates’ performance and workloads, reassigning priorities as needed
• Perform staffing functions (hire, terminate and coach)

6- Others
• Preserve, protect and maintain the value of the firm’s intellectual property and report on the value of the intellectual property quarterly
• Explore and develop new areas for agency growth and profitability
• Manage agency corporate giving
• Support agency visibility by participating in appropriate professional and business forums and organizations


Company Details

Casa Piu Trading Company

Al Riyadh, Saudi Arabia

101-500 employees

Import and Export

N/A

May 2011 to present (5 years 7 months)
Financial expert at Eaic Academy for Training and Financial Consulting

Experience Details

Financial expert

Operations/Management

Manager

Worked as a financial expert in the field to help the company in the development of plans and I thought, especially the financial and organizational structures there, as well as training of staff by senior management on financial management skills


Company Details

Eaic Academy for Training and Financial Consulting

Aleandria, Egypt

51-100 employees

Management Consulting

N/A

Jul 2010 to May 2011 (10 months)
Accounting Manager at Saad Hospital

Experience Details

Accounting Manager

Accounting/Finance

Manager

Manage the accountant’s team to finish all record &financial reports.
Under minimal supervision is responsible for the planning, coordination and administration of the Accounting Department.
• Manage all financial transactions at hospital.
• Month-end closing process and prepare income and balance sheet
• Work by oracle financial system (full automation accounting system).
• PAIETENTS ACCOUNT CONTROL.


Company Details

Saad Hospital

Al Khobar, Saudi Arabia

More then 1000 employees

Healthcare and Medical Services

N/A

May 2008 to Jun 2010 (2 years 1 month)
Chief financial officer (CFO) at Insurance Health Fund (EC/WB) European Commission/WORLD BANK

Experience Details

Chief financial officer (CFO)

Accounting/Finance

Senior Management (e.g. VP, CEO)

Manage multi funds from many donors by different rolls & regulations
provide authoritative advice and guidance to TOP management with regard to the Fund financial policies and procedures; adapting existing rules and regulations to meet the unique work requirements of the fund; exercising overall supervision of the work of the Finance Section staff; coordinating and supervising the preparation and production of the financial statements and schedules; ensuring full implementation of all existing Financial Rules, Regulations and Policies; and, performing other duties as required.
• Managing Performance: Delegates the appropriate responsibility, accountability and decision-making authority; makes sure that roles, responsibilities and reporting lines are clear to each staff member; accurately judges the amount of time and resources needed to accomplish a task and matches task to skills; monitors progress against milestones and deadlines; regularly discusses performance and provides feedback and coaching to staff; encourages risk-taking and supports creativity and initiative; actively supports the development and career aspirations of staff; appraises performance fairly
• Manage all financial working in the fund central & all governorates in Egypt.
• Preparations consolidate the financial statements of the subsidiary branches regularly.
• Preparations financial analysis of the end results and submission it to CEO.
• Submission recommendations to CEO & senior executive committee of the fund.
• Implement the regulations of European Commissions & other donors regarding the procurement operations.
• Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
• Train the Finance Unit and other staff on raising awareness and knowledge of financial management matters.
• Work with the President/CEO on the strategic vision including fostering and cultivating stakeholder relationships on city, state, and national levels, as well as assisting in the development and negotiation of contracts.
• Participate in developing new business, specifically: assist the CEO and COO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service delivery.

Assess the benefits of all prospective contracts and advise the Executive Team on programmatic design and implementation matters.
• Ensure adequate controls are installed and that substantiating documentation is approved and available such that all purchases may pass independent and governmental audits.
• Provide the COO with an operating budget. Work with the COO to ensure programmatic success through cost analysis support, and compliance with all contractual and programmatic requirements.
• Oversee the management and coordination of all fiscal reporting activities for the organization including: organizational revenue/expense and balance sheet reports, reports to funding agencies, development and monitoring of organizational and contract/grant budgets.
• Oversee all purchasing and payroll activity for staff and participants.
• Develop and maintain systems of internal controls to safeguard financial assets of the organization .
• Attend Board and Subcommittee meetings; including being the lead staff on the Audit/Finance Committee.
• Monitor banking activities of the organization.
• Ensure adequate cash flow to meet the organization's needs.
• Serve as one of the trustees and oversee administration and financial reporting of the organization's Savings and Retirement Plan.
• Investigate cost-effective benefit plans and other fringe benefits which the organization may offer employees and potential employees with the goal of attracting and retaining qualified individuals.
• Oversee the production of monthly reports including reconciliations with funders and pension plan requirements, as well as financial statements and cash flow projections for use by Executive management, as well as the Audit/Finance Committee and Board of Directors.
• Oversee Accounts Payable and Accounts Receivable and ensure a disaster recovery plan is in place.
• Oversee business insurance plans and health care coverage analysis.
• Oversee the maintenance of the inventory of all fixed assets, including assets purchased with government funds (computers, etc.) assuring all are in accordance with Gov. Regulations.
(Number of my staff 50 employees)


Company Details

Insurance Health Fund (EC/WB) European Commission/WORLD BANK

Cairo, Egypt

501-1000 employees

Healthcare and Medical Services

N/A

Apr 2006 to May 2008 (2 years 1 month)
Financial manager at Health Sector Reform Project funded by USAID

Experience Details

Financial manager

Accounting/Finance

Manager

The main function of my position is to support the Health Sector Reform Program (HSRP), Family Health Fund (FHF), Governorate Health Directorate and Districts to implement new financial management systems, in accordance with the reformed policies and strategies adopted by the Egyptian Ministry of Health and Population (MOHP).
Institutional role
• Support MOHP, Governorate Health Directorates and Districts, Family Health Fund centrally and at the governorate level, and the Health Insurance Organization (HIO) administration in developing accounting and financial management capacity in accordance to the introduction of the new management structures and practices adopted by the MOHP in implementing HSRP.
• Support MOHP, Governorate Health Directorates and Districts, Family Health Fund "FHF and HIO administration to introduce new accounting and financial management structures, practices and systems at governorate and district level.
• Assist the FHF in developing the central business unit, in terms of its legal structure, financial management and reporting procedures, business planning; and implementation of the central business plan.
• Assist the STSP in assessing the sustainability of the FHF and in planning its integration into a future universal health insurance system; with health economic activities and analysis
• Assist the FHF in developing operational research activities in relation to the development of the FHF business; health economic; contracting; payment system and financial analysis for decision making.
• Facilitate any other technical assistance inputs provided by USAID to the implementation of HSRP financial management activities in Governorates and contribute to the assessment of the TA inputs required for HSRP implementation and plan.
• Identify training needs of MOHP, accounting and financial staff, recommend a training strategy, plan training activities and co-ordinate and supervise their implementation if required.
Professional role executive:
• Manage the financial department in the program.
• Control over the budget items in the regulations as donors.
• Made monthly reports with analysis for submission to executive chief.
• Made the financial report daily.
• Prepare the financial statement yearly.
• Made the control over purchasing tenders.


Company Details

Health Sector Reform Project funded by USAID

Cairo, Egypt

More then 1000 employees

Healthcare and Medical Services

N/A

Aug 1998 to Dec 2005 (7 years 4 months)
Chief Cost Accounting at EMB. Company for Electrical Industries

Experience Details

Chief Cost Accounting

Accounting/Finance

Manager

• Supervise of the cost accounting department in the company.
• Make analysis reports.
• Preparing the budget.
• Preparing the cost statements.
• Preparing the costing analysis.
• Make the stander for products.


Company Details

EMB. Company for Electrical Industries

Cairo, Egypt

501-1000 employees

Manufacturing

N/A

Mar 1998 to Aug 1998 (5 months)
Cost Accounting Manager at The University Research Corporation (URC-USAID) Cost Recovery Heath Project CRHP- (USAID Project)

Experience Details

Cost Accounting Manager

Accounting/Finance

Manager

Strategic role in the project:
• Review and give recommendation about the used Finance system in 20 GOV facilities.
• Responsible for designing the CRHP Accounting system.
• Responsible for designing the CRHP costing system.
• Responsible for designing the CRHP Financial management system.
• Review and give recommendation about the Prepared Manuals for the CRHP finances function.
• Prepare the new CRHP Accounting and costing functions User manuals and facilitator guide.
• Prepare the system specification and system layout for the computerized Finance system.
• Cooperate the AUC training for the facilities finance staff.
• Coordinate and give the OJT for different function in the facilities Accounting and Costing department.
• Train staff on the recommended new system.
• Prepare different presentation and presented it to different group (project directorate, Board of trustees and Board of director, Facilities) regarding the CRHP, and finance function.
• Prepare the Finance function Annual Implementation Plan for the Project and USAID.
• Help in the USAID Auditing process in facilities.
• Prepared, and provided BOT finance training (Finance for Non Finance).
• Train and help in the preparation of the facilities Budget.
• Help in the preparation of facilities Business Plan.
• Help the Human Resource in the preparation of the incentive plan for the CRHP.
• Facilities.
• Prepared the Job description for all finance department staff.
• As a member of the Board of Trustee (BOT) training team, helped in the Strategic Planning Workshop.
• Defined Finance system Indicator for evaluation and follow up.
• Conduct financial presentation in several regional workshops to introduce the new Hospital Finance System.
Executive role:
• The leadership team of the costs.
• Prepare monthly financial report for the facilities.
• Implementation of regulations USAID in cost control.
• Made the stander cost for services.
• Cost control analysis.
• Monthly cost statements for submission regularly to CEO.
• Made a study and analysis of procurement.
• Study & analysis the variation from actual cost of target cost (planning cost).


Company Details

The University Research Corporation (URC-USAID) Cost Recovery Heath Project CRHP- (USAID Project)

Cairo, Egypt

501-1000 employees

Management Consulting

N/A

Mar 1994 to Mar 1998 (4 years)
• Chief Accountant at Accor International Hotels,

Experience Details

• Chief Accountant

Accounting/Finance

Manager

Assist the Finance Manager by providing full and accurate forecasting and budgeting proposals within the hotel and in other areas where required
• Provide timely and accurate financial statements
• Ensure all financial regulations are met, through the adequate systems of internal control
• Assist the Finance Manager in preparing capital reviews as required by the General/Hotel Manager and/or accountancy and Finance department..
• Train and develop the local Finance Team Members and ensure succession plans are in place
• Develop financial awareness of local management teams
• Act in accordance with fire, health and safety regulations and follow the correct procedures when required


Company Details

Accor International Hotels,

Al exandria, Egypt

501-1000 employees

Hospitality/Hotels

N/A

Sep 1989 to Mar 1994 (4 years 6 months)

Achievements


Preparation of the balance sheets of the company for 5 years earlier in the year and a half times the capacity.
Preparation and organization of financial management.
Put private finance regulations.
Reduce expenses by 30%
Contribute to the development of plans to raise profit by 60% boil over three years.
Develop a system to protect the company's assets.


Providing financial advice to several commercial and industrial installations that would work to raise the performance of those companies


Contributing to the financial control process and patient follow-up calculations and reduce waste in medicine and control medicine accounts pharmacies


Reduce the cost of treating the patient by 30% with a high quality medical service to the patient and increase the number of beneficiaries of the treatment rate of 25% through continuous analysis of the performance of the health units and expenses continuing to the terms of the budget and control, as well as reduce the cost of purchase, making there are surplus to provide a larger number of patients treatment











Reduce the cost of treating the patient by 30% with a high quality medical service to the patient and increase the number of beneficiaries of the treatment rate of 25% through continuous analysis of the performance of the health units and expenses continuing to the terms of the budget and control, as well as reduce the cost of purchase, making there are surplus to provide a larger number of patients treatment




The development of sophisticated financial systems for the health sector in Egypt through
The development of financial regulations.
Training employees on the application.
Continuing to perform the audit.
Contribute to the development of strategic plans.
Achieve the planned target by donors in the development and organization required.
Technical mechanism helped to facilitate the process of assessing the performance of hospitals.






Duration of the work were not big but I could develop a system in which the cost of standard products plant in collaboration with the production department company


To develop cost accounts for hospitals system at the Ministry of Health of the Republic of Egypt, which did not exist before.
Control over the implementation of the system.
Training hospital staff on the system application.
This is documented


Preparation of an analytical model of the materials received, the hotel has been submitting the form and circulate to the rest of the chain hotels.
- employee of the month / of the year .


Education

• CFM (Certified Financial Manager)- in FINANCE

Education Details

• CFM (Certified Financial Manager)-

FINANCE

The Institute of Certified Cost & Management Accountant (ICCA), United States

A / Excellent / 85 -100%

FINANCE - CASH MANAGEMENT Finance corporate Asset management Risk management Managing financial portfolios

N/A

The Institute of Certified Cost & Management Accountant (ICCA)
2013 - 2014
• Certified Green Belt (Six Sigma) in 6 SIGMA

Education Details

• Certified Green Belt (Six Sigma)

6 SIGMA

International Quality Federation (IQF) USA, United States

B / Very Good / 75 - 85%

Quality, quality control and problem-solving by 6 Sigma technique.

N/A

International Quality Federation (IQF) USA
2014 - 2014
College Diploma in • Mini MBA

Education Details

College Diploma

• Mini MBA , MANAGEMENT, FINANCE

British Academy Global, United Kingdom

A / Excellent / 85 -100%

MINI MBA

N/A

British Academy Global
2014 - 2014
high diploma in economics & finance

Education Details

high diploma

economics & finance, islamic economics

High Institute for Islamic Studies, Egypt

C / Good / 65 - 75%

N/A

N/A

High Institute for Islamic Studies
2001 - 2003
Bachelor of Commerce in finance

Education Details

Bachelor of Commerce

finance

•Alex. University; Bachelors, Egypt

C / Good / 65 - 75%

N/A

N/A

•Alex. University; Bachelors
1982 - 1986
High School - Thanaweya Amma

High School Details

Thanaweya Amma

alsalam secondary school

Egypt

1982

B / Very Good / 75 - 85%

N/A

alsalam secondary school
1982

Certifications

Certificate details

• CFM (Certified Financial Manager)

Sep 2014

82 out of 100

N/A

membership number 17294.

The Institute of Certified Cost & Management Accountant (ICCA)

N/A

Certificate details

• Certified Green Belt (Six Sigma)

Jul 2014

85 out of 100

N/A

number TK 11314-Certification Number TK11214 GB -2014.

International Quality Federation (IQF) USA

N/A

• Mini MBA
Jun 2014

Certificate details

• Mini MBA

Jun 2014

85 out of 100

N/A

N/A

British Academy Global

N/A

Training and Courses

Training/Course Details

• Hotel Management

Nov 1990

High Hospitalty Institute

N/A

Training/Course Details

• Financial Management

Mar 1994

AUC- USAID

N/A

Training/Course Details

• Material Management

Jul 1995

AUC-USAID

N/A

Training/Course Details

• Strategic planning

Aug 2006

Arab Academy for Science and Technology

N/A

Training/Course Details

• Strategic Marketing

Feb 2007

Arab Academy for Science and Technology

N/A

Training/Course Details

quality management

Aug 2015

Trust Center Consulting

N/A

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Last update more than 3 months ago.

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Profile Skills and Keywords

6 SIGMAAccountingAccounting ManagerAnalyticalArabicBusiness AnalysisBusiness Plan For Facilities. Organizational &planning SkillsCFOChallenge Is To Reach The GoalChief Cost AccountingChief Financial Officer (CFO)Continuing EducationCost Accounting ManagerCostingCreativeERPEconomics & FinanceEnglishFEASIBILTY STUDIESFINANCIAL ANANLYSISFinanceFinancial ExpertFinancial ManagerHealthcare And Medical ServicesHonstHospitalityHotelsI Have Managerial & Leadership Skills. Problem SolvingImport And ExportInsuranceIslamic EconomicsKPIMake SWOT AnalysisManagementManagement ConsultingManagement TrainingManufacturingMicrosoft ExcelMicrosoft PowerPointMicrosoft SQL ServerOraclePlannerPreparing BudgetProblem SolverQuality ManagementQuelity ManagementReadingSQLSportsTaxTeam PlayerTime Management CFM (Certified Financial Manager) Certified Green Belt (Six Sigma) Chief Accountant Financial Management Hotel Management Material Management Mini MBA Strategic Marketing Strategic Planning

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Advanced

: Advanced

Tools and Technologies

Microsoft PowerPoint

Microsoft PowerPoint

: Expert

: Extreme - I love it!

:

More than 7 years

Oracle

Oracle

: Expert

: Extreme - I love it!

:

More than 7 years

ERP

ERP

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft SQL Server

Microsoft SQL Server

: Expert

: Extreme - I love it!

:

5-7 years

SQL

SQL

: Expert

: Extreme - I love it!

:

5-7 years

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

FINANCIAL ANANLYSIS

FINANCIAL ANANLYSIS

: Expert

: Extreme - I love it!

:

More than 7 years

Business Plan for Facilities. Organizational &planning skills

Business Plan for Facilities. Organizational &planning skills

: Expert

: Extreme - I love it!

:

More than 7 years

Make SWOT Analysis

Make SWOT Analysis

: Expert

: Extreme - I love it!

:

More than 7 years

I have managerial & Leadership skills. Problem solving

I have managerial & Leadership skills. Problem solving

: Expert

: Extreme - I love it!

:

More than 7 years

Time management

Time management

: Expert

: Extreme - I love it!

:

More than 7 years

Business analysis

Business analysis

: Expert

: Extreme - I love it!

:

More than 7 years

Management training

Management training

: Expert

: Extreme - I love it!

:

More than 7 years

preparing budget

preparing budget

: Expert

: Extreme - I love it!

:

More than 7 years

Quelity management

Quelity management

: Expert

: Extreme - I love it!

:

More than 7 years

costing

costing

: Expert

: Extreme - I love it!

:

More than 7 years

tax

tax

: Expert

: Extreme - I love it!

:

More than 7 years

KPI

KPI

: Expert

: Extreme - I love it!

:

More than 7 years

FEASIBILTY STUDIES

FEASIBILTY STUDIES

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Planner, Creative, Problem Solver, Team Player

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