Khaled Ahmed Elsholkamy

Group CFOFull Time

• Job Details:Prepare five years business plan of the whole group. Success in enabling the group to enjoy the “Non- performing loans initiative of Central bank of Egypt for companies”. Manage successfully the group cash flow, Ensure that financial & accounting policies as well as procedural guidelines exist & implemented in all business areas in order to institute stringent internal controls. Improve & evaluate internal control structure as well as internal audit function and reporting the significant control weakness to top management. Manage successfully a reduction plan of COGS and General & administrative expenses.

CFOFull Time

• Job Details:- Develop the ten years business plan of the group to identify the risks and appoint this for every individual company as well as for the whole group. - Control the annual budget for every subsidiary by reducing costs and maximizing revenue to insure that Sekem generate sufficient cash to settle all liabilities ( Local & foreign) - Manage successfully the cash flow and negotiate with local & foreign banks to control liquidity & foreign currency risk. - Manage SAP ERP system setup and manage the migration from Oracle to SAP. - Restructure all debts with local banks and reduced the cost of finance as per board of directors recommendations. - Enhance collections from exportations to reach natural hedging and cover long lasting creditors’ balances by following fixed criteria. - Manage successfully a reduction plan of COGS and General & administrative expenses according to what planned for. - Ensure that financial & accounting policies as well as procedural guidelines exist & implemented in all business areas in order to institute stringent internal controls. - Provides leadership in short-range and long-range strategic planning which support the group philosophy and l objectives. - Develop the internal audit function to meet the accepted internal auditing standards. - Improve & evaluate internal control structure and reporting the significant control weakness to top management. - Oversees all foreign currency transactions and economic effects that arises from floating of Egyptian pound. - Enhance successfully the board of directors Governance and audit committees. - Manage successfully the issuance of the approved financial statements on a timely basis.

CFOFull Time

• Job Details:1- Direct & manage all financial records & programs regarding four legal entities at CIC. 2- Manage & assist in developing ERP Axapta system. 3- Interacts and help in decision making with president, board of directors, managing director and authoritative bodies. 4- Provides leadership in short-range and long-range strategic planning and revenue producing activities which support the institution’s philosophy and general objectives. 5- Directs and manages the financial programs and supporting information system of the unit, to include budgeting, receipt of revenue, and expenditure of funds and conservation of assets. 6- Oversees all financial analysis and deviations. 7- Prepare feasibility studies & special financial projects 8- Oversees cost centers allocation and cost center reports. 9- Manage & control salaries & wages 10 Manage & direct health insurance contract for all employees, life insurance and social insurance. 11- Responsible for approving & signing all CIC contracts related to all approved planning items. 12- Manage & develop CIC recourses – Generate Other income. 13- Direct & Manage all international relations with Canadian universities regarding financial issues. 14- Manage all CIC bank current accounts, time deposits, overdrafts and all finance facilities as well as financial lease. 15- Interact with external auditor as well as evaluating and communicating external audit findings to top management 16- Improving & evaluating internal control structure and reporting to top management the significant control weakness. 17- Direct and manage all quality files related to financial department. 18- Prepare periodically prospective financial statements, comparing it with budget and determining variations and analyze the reasons. 19- Furnishing periodically financial reports and information to top management. 20- Assist student affairs department in preparing and developing college policies and regulations regarding tuition fees, scholarships, financial aid discount and any other financial issues related to students. 21- Oversees daily cash flow, comparing it with budget and determining variations and analyze the reasons. 22- Oversees the approval and processing of revenue, expenditure and position control documents, department budgets, mass salary updates, and the maintenance of accounts and ledgers, ensuring compliance with appropriate government regulations and policies and 23- Ensuring maintenance of appropriate internal control safeguards. 24- Establishes and maintains financial records system in accordance with generally accepted auditing standards and accounting principles. 25- Coordinates the preparation of financial statements, financial reports, special analyses and information reports, presents recommendations for programmatic and fiscal changes to top management. 26- Develops implements, interprets and coordinates the application of finance, accounting, billing and audit procedures. 27- Provides strategic consultation and representation to top management on financial issues, to include financial analysis and projections, cost identification and allocation and revenue and expense analysis. 28- Provides consultative support to managers and top management in planning initiatives, through management and financial information analyses, reports and recommendations. 29- Develop and directs the implementation of strategic business and operational plans, projects, programs and systems as appropriate to the objectives of the unit. 30- Manage successfully the issuance of approved financial statements on a timely basis. 31- Oversees all foreign currency transactions and economic effects.