Ismail Raafat

Group CFO / COOFull Time

• Job Details:Key areas of expertise  Financial operations management (GAAP, IFRS).  Crisis and Risk Management with a high qualification of compliance.  Monitoring Cash Management Policy.  Direct all treasury activities.  Preparing Manual Procedures and job descriptions.  Supervising M&A transactions and IPOs management.  Supervising private equities transactions, Investments, and the related issues.  Supervising the asset management (Portfolios & Funds) operating procedures.  Budget management, control skills and strategic planning, business plan forecasting.  Experience and an analytical and strategic approach as well, with strong business acumen  Experience in capital markets and private equity sectors  Successful relations with the Regulators & Auditors.  High skills of banks’ negotiations and building excellent relationships with banks.  Management of back office (Finance, Operations, Administrations, HR & IT).  Corporate management skills.  Supervise HR & Administration departments.  Preparing the board meetings' agendas. MEDAF Financial Holding Co. is a group of companies for financial services & non-banking services covering following activities: • Securities Brokerage. • Asset Management & Funds Management. • Investment banking & consulting. • Leasing. • Factoring. • Consumer Finance. • Micro Finance. • E-payment. • E-commerce. General Duties • Work closely with CEO in mergers and acquisitions, private equity transactions and supervise the required feasibility studies. • Review all the manuals' procedures of all departments for all the group subsidiaries, authorizations, expenses & authorizations structure plus companies’ manpower structure. And suggest the required updates to CEO. • Supervise the digital transformation process in all sub-business areas (microfinance, e-payment, leasing, e-commerce, and consumer finance). I direct the process, digital product establishment, and oversight in the areas of finance, operations, risk management, compliance, and back office. I deal with technical service providers and set up technical manual procedures and courses. Essentially, the main goals in DT are changing the way companies operate and deliver the greatest value to customers digitally & reducing corporate expenses in the long run. A cultural change that requires organizations to constantly challenge and experience the situation. • Monitor Internal Audit, Compliance & Risk Management Departments, and ensure that work procedures cover all control points, risk areas, and guarantee that control procedures are updated and sufficiently & effectively. • Guide executive team members in creating, growing, and building an international A-Class, industry leading organization. • Drive company results from both an operational and financial perspective working closely with the CEO and other key senior team members. • Work with the CEO in the capital raise process, merge, acquisitions, participate in the company’s road shows. Meet, interact, and present information effectively to potential investors, GAM, and private equity firms. • Work with CEO on business plan in line with budgets and ensuring revenue generation by increasing staff effectiveness and arranging continuous fund flow for stronger foundation, to push up the business to achieve organization goals. • Achieve favorable financial results with respect to revenue, profitability, cash flow& funding recourses. • Work on detailed budgeting, forecasting for the group companies. • Review of monthly, quarterly, and annual financial reports, study variances, and take corrective actions to ensure budget achievement • Guide all treasury activities (for all subsidiaries) to maximize return on surplus cash. • Oversee new subsidiaries establishment and from A-Z. • Work closely with senior management team to create, implement, and roll out plans for operational processes, internal infrastructures, reporting systems and company policies all designed to foster growth, profitably and efficiencies within the company. plans for operational processes, internal infrastructures, reporting systems and company policies all designed to foster growth, profitably and efficiencies within the company. • Set challenging and realistic goals for growth, performance, and profitability through creating new business lines and grow-up the current with the needed development. • Follow up and review the credit pricing and credit studies, risk management plans, contracts & credit policies of the SME’s, factoring, micro finance activities. • Create effective measurement tools to gauge the efficiency and effectiveness of internal and external processes (KPI's, costing &profitability, risk, audit notes, value studies, control tests ...etc.)

CFOFull Time

• Job Details: Responsible for all financial and fiscal management aspects of company operations that assist the CEO in maximizing profits.  Preparing the budget and discuss it with the CEO & handling board members forecasting.  Managing the group consolidated financial statements.  Assist management in the development of the strategic direction for the administration of investments, funding, hedging and liquidity management strategies.  Direct all treasury activities.  Reengineering the financial statements to enhance the interest differential / lowering the cost of funding / boosting the profitability.  Forecasting cash flow and monitoring from the cash management perspective.  Coordinating the Money Market & Fixed Income department activities with other departments.  Supervising reports and consolidated financial statements.  Preparing the needed reports to assist the CEO presentations of the reports & budget to the board and recommend policy changes.  Driving the Budgeting & Balanced Scorecard processes with the business units & ensure that these processes are used as key tools and progress measuring barometers to support business performance.  Monitor performance against budgets to analysis and justification of the differences.  Build and lead an effective and cohesive executive management team with effective succession planning.  Controlling and monitoring the customers' debit balances & the collections.  Controlling and monitoring the costs & expenses.  Handling the external auditors & the regulator requirements.  Plans and develops investment, loans, interest, reserve, cash policies (short term & long term) and new business lines to ensure optimum monetary returns in accordance with availability of investment funds, government restrictions, laws and sound financial practices.  Coordinates communication and reporting activities between divisions, departments, and branches offices to ensure availability of data required for efficient daily operations.  Supervise & control all administrative & HR functions.

Group CFOFull Time

• Job Details:I joined the organization as a Group CFO. Subsidiaries companies under responsibility: • Acumen Holding Financial Investment Co. • Acumen Securities Brokerage Co. • Acumen Asset Management & Fund Management Co. Duties:  Responsible for all financial and fiscal management aspects of company operations that will assist the CEO in maximizing profits for the company.  Maximize return on surplus cash.  Provide leadership and coordination in the administrative, business planning, accounting and budgeting efforts of the company.  Oversee all activities pertaining to banking, investment; clients’ debit balances management, and liquidity management.  Assist management in the development of the strategic direction for the administration of investments, funding, hedging, and liquidity management strategies.  Handle the Review reports and financial statements to help the CEO presents the reports & budget to the board and recommend policy changes.  Maintain control over income, expenses and assets of the company in compliance with its policies and procedures as well as local requirements.  Drive the Budgeting & Balanced Scorecard processes with the business units & ensure that these processes are used as key tools and progress measuring barometers to support business performance.  Supervise the review of financial data and preparation of financial statements and reports for both internal and external purposes, and guide accounting and reporting problem resolution consistent with strategic objectives of Company and in accordance with generally accepted accounting principles, applicable regulations, and company policies and procedures.  Driving internal control standards, procedures, practices consistent with business needs as required by the business and by other interested parties (management; government; internal & external auditors).  Prepare the consolidation Financial Statements for the Group Companies & supervise the subsidiaries’ financial statements preparing.  Supervise HR & Administration departments.  Plan budget, cash flows, and monitor operational financial activities.