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Tamer Mohamed Abomosalam

Services Supply Chain - Global CFO at Ncr Corporation

Maadi, Cairo, Egypt

Work Experience

Ncr Corporation

  • Services Supply Chain - Global CFOFull Time

    Apr 2018 - Present -7 yrs, 2 months

    United Arab Emirates , Dubai

    • Job Details:Hand-picked to lead turnaround of the Services Supply Chain BU whilst maintaining governance/independence standards. US$420M annual budget, US$530M inventory, and 24 international staff. • Comprehensively transformed performance, dramatically improving the accuracy and response time of operational support by focusing on team technical capacity, positive culture change, and the implementation of BI Foundation as a stepping-stone to sustained improvement in reporting and analysis. • Sponsored development of next-generation digital solutions providing competitive differentiation for NCR worldwide. Architected a dynamic and agile supply chain services BU, offering instantaneous modelling/scenario simulations, just-in-time inventory planning providing a US$80M cost benefit, and gold-standard financial planning & analysis. • Designed & lead a Digital Transformation project to move to data-driven environment. Selectively recruited motivated tech-savvy analysts, teaming with Microsoft to lead by example in the marketplace and boosting engagement to consolidate collaboration and relationships with global operations. • Teamed with the Supply Chain Vice President to assess financial performance, P&L, and inventory levels. - Saved >US$60M with improved sales team costings and oversaw a >US$20M inventory reduction. - Devised a global machine servicing strategy saving US$100M in 4 years - Cut supply chain function finance staffing 15%. - Supported a $150M global parts callout translating into US$5M warehousing cost savings. - Spearheaded a robust repair insource vs outsource financial evaluation process offering $30M annual savings. • Utilized BI/data analysis to restructure inventory reserves policies unlocking US$45M and improved modelling to lower the cost base US$5M and slash annual purchases US$30M. • Navigated the impact of the Covid pandemic, supporting management with substantial spending reductions and valuable scenario simulation leading to approval of a US$1B bank borrowing facility. • Maintained robust corporate governance during challenging times, delivering regular forecasts over 4 years with zero audit comments and acknowledgement of the accuracy and visibility of complex reserves calculations.
  • Global Planning ManagerFull Time

    Apr 2012 - Mar 2018 -5 yrs, 11 months

    United Arab Emirates , Dubai

    • Job Details:Addressed non-standard planning practices and substandard project analysis capacity. Reported to the Services Division Supply Chain Function CFO with the remit to formalize processes that streamlined global planning. • Revamped financial structure and templated documentation, teaming with BU heads to create an activity roadmap crystallizing 99% financial forecasting accuracy over a 30-month period that generated >US$2M benefit. Reprieved the closure of internal repair centers with an improved financial analysis system that lowered costs US$20M and supported expansion of centers to multiple regions worldwide. • Achieved US$500,000 annual savings with improved freight analysis/forecasting and standardized country level reporting that was ultimately cascaded across corporate offices in 68 countries. • Reduced monthly forecasting and reporting processing time from 3 days to 3 hours with standardization and revamped foreign exchange treatments, facilitating dissemination of management information at executive level. • Redesigned annual planning processes to realize more effective information gathering that ultimately led to overachievement of the annual budget underpinned with a US$20M-US$30M reduction in expenses.
  • Financial & Business Analysis ManagerFull Time

    e-finance

    Feb 2009 - Mar 2012 -3 yrs, 1 month

    Egypt , Giza

    • Job Details:Appointed to manage the company investment appraisal process, supporting the Chief Executive Officer with financial presentations to the Board and leading a team of 3. • Standardized financial presentations to the Board and tailored the chart of accounts offering improved transparency and enhanced reporting, budgeting, and planning. • Adopted a balanced scorecard performance management system that delivered clarity on leadership team performance and facilitated Board enquiries regarding commercial outcomes. • Benchmarked the organization to cross-industry performance evaluations and created an efficient investment appraisal system to expedite decision-making. • Gained approval on several proposals for investment exceeding US$100M and laid the groundwork for exponential growth in Egyptian government projects, culminating in the largest IPO in Egyptian stock exchange history.
  • Commercial AnalystFull Time

    BP

    Dec 2005 - Jan 2009 -3 yrs, 1 month

    Egypt , Cairo

    • Job Details:Achievemen
  • Education

    • Bachelor's Degree in Accounting

      Cairo University (CU)

      Jan 1994 - Jan 1998 - 4 yr

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