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Mohamed Said Mohamed HelmyCoronavirus • Immediate Start

Head of Finance

Giza, Egypt
  • Financial analysis and reporting / Managerial accounting and reporting
  • Budgeting & controlling
  • Cost control and inventory management / P&L management (Profit achievement) / Balance sheet management
  • Microsoft Office
  • International Financial Reporting Standards (IFRS), Sarbanes-Oxley (SOX)

Work Experience

  • General Manager at Abu Dhabi Marine Equipments and Industrial Suppliers

    Oct 2013 to present · 6 Years 11 Months

  • Finance Director at Eurotex For Ready Made Garments

    Dec 2011 to Sep 2013 · 1 Year 9 Months

  • Deputy General Manager Accounting & Treasury at Nissan Motor Egypt S.A.E

    Jun 2005 to Nov 2011 · 6 Years 5 Months

  • Treasury Manager at Ghbbour Group - Egyptian Vehicles Manufacturing Company

    Oct 1998 to May 2005 · 6 Years 7 Months

Education

  • BA in Faculty of Commerce- Accounting Section

    Cairo University (CU) - Egypt 1983 to 1987 · 4 Years

  • High School - Thanaweya Amma

    Education Home Language School - Egypt 1982

Achievments

- Implemented working capital optimization strategy; cleared overdue payments by 3.9m AED, collected outstanding receivables 4.6M AED (17% of total current assets), reduced obsolete inventory for 0.8m AED, reduced prepaid guarantees of 611k AED, increased cash from 408k AED to 2.6m AED, and optimized net operating cycle to 120 days. - Overseen stock movements, reduced stock balances (raw material for 7.6m € by 30% and WIP for 1.9m € by 10%, validate purchase prices, reduced clearing /logistics/ inland costs from 27% to 15% and cost of sales from 86% to 60%. - Successfully implemented ERP finance module/SAAP, set customized MIS reports. - Developed regional tax and treasury unit, produced monthly cash flow forecasts, sourced timely and cost-effective foreign currency needs of 480m $, implemented cash focus management and increase free cash flow for 110m $ up to 390m $. - Overseen receivables for 250m $, dunning process, followed up dealer’s financial situation and level of default, developed panel of control, decided corrective actions, set credit limits

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Skills
Tools and Fields of Expertise

  • Financial analysis and reporting / Managerial accounting and reporting
  • Budgeting & controlling
  • Cost control and inventory management / P&L management (Profit achievement) / Balance sheet management
  • Microsoft Office
  • International Financial Reporting Standards (IFRS), Sarbanes-Oxley (SOX)
  • ERP Implementation
  • Financial Controling
  • SAP
  • Oracle
  • External Auditors / Statuary Accounting / Tax planning and compliance

Languages

  • English

    Advanced

Training & Certifications

  • Master Of Business Adminstration - Banking and finance

    Arab Academy for Science & Technology · 2013

  • Tax Compliance

    Nissan Training Center , Gniza , Tokyo Japan · 2009

  • Global Traeasury Operations - Tokyo Japan

    Nissan Training Center , Tokyo ,Japan · 2007

  • Certified Treasury Professional

    Association for Financial Professionals · 2004

  • Credit Management Course

    American University · 1992
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