Basic Info

NASSAR ELHEDABY

More than 15 years

SHIBEN AL KOUM, Egypt

Bachelor's Degree

Senior Management

Work Experience

GROUP FINANCE MANAGER at MESHRAF REAL ESTATE DEVELOPMENT CO.

Experience Details

GROUP FINANCE MANAGER

Accounting/Finance

Senior Management (e.g. VP, CEO)

Group Finance Manager (CFO)
July 2014 - Present
Real Estate and Construction Company (Meshraf Group of Companies)
Working a busy and high volume environment driving consistency and best practice across all the businesses. Responsible for improving the company’s cash flow and reducing its arrears by keeping accurate records and ensuring payments are received on time.
 Preparation of budgets, cash forecasts and overall financial.
 Reconciling and providing project financial and accounting records for the purpose of the annual audit of the financial statements
 Monitor the internal control environment in the finance department
 Supervision of the functions of finance department towards fulfillment of business transactions in most efficient manner.
 Projections and forecasting with periodical controls, variance analysis and management reporting.
 Funds and treasury management including project financing.
 Liaison with auditors, banks and regulating authorities
annual audit of the financial statements
the annual audit of the financial statements
 Monitor the internal control environment in the finance department
 Supervision of the functions of finance department towards fulfillment of business


 transactions in most efficient manner.
Transactions in most efficient manner.
 Projections and forecasting with periodical controls, variance analysis and management
Reporting.
 Preparation of consolidated financial statements.
 Funds and treasury management including project financing.
 Liaison with auditors, banks and regulating authorities
 In charge of managing and supporting the ledger team.
 Providing accurate financial information to colleagues and senior managers
 Identifying areas for cost cutting and improvement.
 Ensuring that all financial controls for the division are met and adhered to at all times.
 Giving advice, guidance and support on all financial matter to the company directors.

Accomplishment:
 Accelerated the month-end closing process to the tenth calendar day of every month. Provide timely and accurate financial reports on operating entities and capital projects Reconciling and providing project financial and accounting records for the purpose of the annual audit of the financial statements
 Monitor the internal control environment in the finance department
 Supervision of the functions of finance department towards fulfillment of business transactions in most efficient manner.
 projects.
 Developed financial controls , No material weaknesses noted by auditors during that period

Period. (EY BIG FOUR Audit FIRM).
Cash Flow control
Management accounts
Budget preparation
Financial forecasting
Economic awareness
Interpreting financial data
Auditing
Strategic thinking
Predicting future trends
Supervisory skills
Financial regulations
Decision making
Managing budgets
Effective delegation
Conflict resolution
Effective delegation
Attention to detail
Communication skills
Good IT knowledge
Presentation skills
Problem solving
Analytical mind
High levels of integrity
Negotiating
 Provide timely and accurate financial reports on operating entities and capital projects.
 Met with individual department heads to understand how they wanted to receive their
budget to actual information and defined reports that met their needs.
Resulted in
increased use of reports and quicker decision maker attention to variancesperiod

Budget Resulted in increased use of reports and quicker decision maker attention to variances.
Built relationships within the Firm and all department’s manager for monthly closing requirements.
 Designed internal control system, SOP (Standard operating Procedures) for (Stores, Purchasing,
Subcontractors, Vendor, Payroll, and Customers A/R, Project Management office PMO.)
 Study current System and make development as required with Standard (GAAP/IFRS).
 Review Staff Job descriptions and responsibilities for matching with Finance Department role and with
company objectives.


Company Details

MESHRAF REAL ESTATE DEVELOPMENT CO.

Dammam, Saudi Arabia

101-500 employees

Real Estate/Property Management

N/A

Jul 2014 to present (2 years 5 months)
REGIONAL FINANCE MANAGER at TAS'HELAT MARKETING CO

Experience Details

REGIONAL FINANCE MANAGER

Accounting/Finance

Senior Management (e.g. VP, CEO)

Regional Finance Manager April 2009 – June 2014
Retail Company (Tas’helat Marketing Co.)
 Responsible for knowing critical functions within the department and capable of mentoring and
assisting employees within the department.
 Utilize teamwork to develop departmental synergy.
 Monitors compliance with generally accepted accounting principles (GAAP) and company procedures.
 Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and
reports.
 Assures compliance with local and corporate policies, regulations and laws.
 Reviews accounts payables and weekly check runs.
 Determines proper handling of financial transactions and approves transactions within designated limits.
 Compiles and analyzes financial information to prepare entries to general ledger accounts, cost centers
and documents business transactions.
 Responsible for distributing financial statements and cost center reports.
 Prepares work papers and supporting schedules for the annual financial review.


Company Details

TAS'HELAT MARKETING CO

Riyadh, Saudi Arabia

More than 1000 employees

Oil and Gas

N/A

Apr 2009 to Jun 2014 (5 years 2 months)
Chief Accountnant at Karim Foods Industries

Experience Details

Chief Accountnant

Accounting/Finance

Manager

Responsible for branch transactions including: Cash Sales , Credit Sales , inventory , cash
collection , petty cash , Cash box , stationaries , stock level , customers’ bills ,customers’
filing , etc.
 Preparing monthly objectives for early issuance of customers’ bills.
 Using ERP packaging oracle Sales Accounting system – Orion.
 Customers’ accounts reconciliations.
 Follow customer’s outstanding balances over dues.
 Prepare files with full supporting documentation for insolvency customers.
 Transfer insolvency customer(s) to law department for erasing lawsuit cases.
 Increasing collections from customers by early issuance of bills, follows up with collectors,
maintain separate aging by salesman, areas and collectors.
 Review bad debt provision for yearly allowance.
 Managing staff including data entries, accountants, collectors, cashier, and storekeeper.
 Coordination with sales manager for smooth environment and applying SOP.


Company Details

Karim Foods Industries

Dammam, Saudi Arabia

501-1000 employees

Food and Beverage Production

N/A

Jan 2007 to Mar 2009 (2 years 2 months)
Internal Auditor at Karim Foods Industries

Experience Details

Internal Auditor

Accounting/Finance

Manager

Collating, checking and analyzing spreadsheet data.
 Examining company accounts and financial control systems.
 Gauging levels of financial risk within organizations.
 Checking that financial reports and records are accurate and reliable.
 Ensuring that assets are safeguarded.
 Identifying if and where processes are not working as they should, and advising on changes to
be made.
 Preparing reports, commentaries and financial statements.
 Liaising with managerial staff and presenting findings and recommendations.
 Ensuring procedures, policies, legislation and regulations are correctly followed and complied
with.
 Undertaking reviews of wages


Company Details

Karim Foods Industries

Dammam, Saudi Arabia

501-1000 employees

Food and Beverage Production

N/A

Jan 2004 to Dec 2006 (2 years 11 months)
Chief Accountant at Alghatani Installation and Maintenance Services. (A.I.M.S)

Experience Details

Chief Accountant

Accounting/Finance

Manager

Responsible for preparing financial statements independently for AIMS Co.
 Study of full project and contract including payments terms.
 Full contract include supplying machine & equipment directly from the supplier to the
customer dock. (FOB)
 Prepare L/C for supplier(s) which include receiving the documents at sight. & L/G from
customer 50% in advanced and other 50% after commissioning.
 Prepare monthly bank reconciliation.
 Recoding bank loan and check any over interest charges with due date.
 Review staff salaries and commission.
 Review all Journal Vouchers and posting.
 Maintain perpetual inventory system for stock update.
 Recording sales when all project completed ( delivery of equipment’s)( Revenue recognition )
 Review of customers’ payments against invoices (apply matching).
 Print trail balance before adjustment, Prepare depreciation sheet, review other related elements.
 Prepare income statement ( multiple step )
 Prepare balance sheet.
 Delivery of financial statement files to external auditor.


Company Details

Alghatani Installation and Maintenance Services. (A.I.M.S)

Dammam, Saudi Arabia

101-500 employees

Business Supplies and Equipment

N/A

Sep 2000 to Dec 2003 (3 years 3 months)

Achievements


Accelerated the month-end clos

Education

Accounting & Finance in ACCOUNTING & FINANCE

Education Details

Accounting & Finance

ACCOUNTING & FINANCE

Monofia University, Egypt

C / Good / 65 - 75%

N/A

N/A

Monofia University
1986 - 1990
B.Com in Accounting

Education Details

B.Com

Accounting

Monofia University, Egypt

C / Good / 65 - 75%

N/A

N/A

Monofia University
1986 - 1990

Certifications

Certificate details

Chartered Certified Financial Consultant (CCFC)

Jul 2007

N/A

N/A

2080

The Canadian Association of Financial Consultant

N/A

Certificate details

Certified Financial Consultant (CFC)

Jan 2009

N/A

N/A

12074

The Institute of Financial Consultant

N/A

Certificate details

Certified Professional Internal Auditor (CPIA)

Feb 2014

N/A

N/A

3283

Certified Professional Internal Auditor (CPIA)

N/A

Certificate details

Certified Finance Manager (CFM)

Apr 2014

N/A

N/A

4908

The Institute of Certified Cost and Management Accountants (ICCA)

N/A

Training and Courses

Training/Course Details

CPA Review US exam

Apr 2001

BeckerConviser

N/A

Training/Course Details

CIA Review US exam

Oct 2009

BeckerConviser

N/A

Training/Course Details

Project Management Profession (PMP)

Nov 2014

SAC

N/A

IFRS at KPMG
Nov 2015

Training/Course Details

IFRS

Nov 2015

KPMG

N/A

This profile is fresh!
Last update 26 days ago.

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Profile Skills and Keywords

ACCOUNTING & FINANCEAccountingAnalyticalArabicAuditingBudget PreparationBudgetingBusiness DevelopmentBusiness Supplies And EquipmentCIA Review US ExamCPA Review US ExamCash Flow ControlCertified Finance Manager (CFM)Certified Financial Consultant (CFC)Certified Professional Internal Auditor (CPIA)Chartered Certified Financial Consultant (CCFC)Chief AccountantChief AccountnantControllerCustomer-orientedERPEnglishFinanceFinancial ManagementFinancial ReportingFinancingFood And Beverage ProductionGROUP FINANCE MANAGERHandles StressIFRSInsuranceInternal AuditingInternal AuditorInternal Control SystemMicrosoft OfficeOil And GasOrganizerProject Management Profession (PMP)Property ManagementREGIONAL FINANCE MANAGERReal EstateSupervisionSystem DevelopmentTeam PlayerTeam Work

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

ERP

ERP

: Expert

: Extreme - I love it!

:

More than 7 years

Accounting

Accounting

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Management

Financial Management

: Expert

: Extreme - I love it!

:

More than 7 years

Business Development

Business Development

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Cash Flow control

Cash Flow control

: Expert

: Extreme - I love it!

:

More than 7 years

Budget preparation

Budget preparation

: Expert

: Extreme - I love it!

:

More than 7 years

System Development

System Development

: Expert

: Extreme - I love it!

:

More than 7 years

Internal Control System

Internal Control System

: Expert

: Extreme - I love it!

:

More than 7 years

Financing

Financing

: Expert

: Extreme - I love it!

:

More than 7 years

Supervision

Supervision

: Expert

: Extreme - I love it!

:

More than 7 years

Internal Auditing

Internal Auditing

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Reporting

Financial Reporting

: Expert

: Extreme - I love it!

:

More than 7 years

Auditing

Auditing

: Expert

: Extreme - I love it!

:

More than 7 years

Budgeting

Budgeting

: Expert

: Extreme - I love it!

:

More than 7 years

Controller

Controller

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Customer-oriented, Organizer, Handles Stress, Team Player

Online Presence

https://www.linkedin.com/in/nassar-el-hedaby-a6950782

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