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Tarek mohamed El Ghamrawy

Chief Financial Officer at SPC

Madinaty, Cairo, Egypt

Work Experience

  • Chief Financial Officer

    SPC

    Jun 2022 - Present -3 yrs

    Egypt

    • Job Details:Track the company's financial status and performance to identify areas for potential improvement. Seek out methods for minimizing financial risk to the company. Research and analyze financial reports and market trends. Present financial reports to board members, stakeholders, executives, and clients. Remain up to date with technological advances and accounting software. Conduct reviews and evaluations for cost-reduction opportunities. Establish and maintain financial policies and procedures for the company. Monitor and interpret cash flows and predicting future trends. Research and report on factors influencing business performance and conduct evaluations for cost-reduction opportunities. Liaise with auditors to ensure annual monitoring is carried out. Develop external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the inland revenue. Ensure that all statutory requirements of the organization are met including withholding tax, income tax, properties and sales tax. Maintain an internal control system and provide recommendation for improvement. Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory. Oversee financial department employees, including financial assistants and accountants. Contract outside services for tax preparation, auditing, banking, investments, and other financial needs.
  • Chief Financial Officer

    Rheoserve

    Jan 2018 - Jan 2022 -4 yrs

    Egypt

    • Job Details:Managing the company's financial accounting, monitoring and reporting systems. Providing insightful directives and expectations to senior executives to aid in long-term and short-term decision making. Developing external relationships with contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the inland revenue. Providing leadership, direction and management of the finance and accounting team. Providing strategic recommendations to the CEO/President and members of the executive management team. Managing the processes for financial forecasting and budgets, and overseeing the preparation of all financial reporting. Establishing and developing relations with senior management and external partners and stakeholders. Reviewing all formal finance, HR and IT related procedures. Maintaining an internal control system and provide recommendations for improvement. Determining the most appropriate costing method and preparing cost per unit reports for all types of inventory. Producing accurate financial reports to specific deadlines managing budgets. Understanding and adhering to financial regulations and legislation, seeking out methods for minimizing financial risk to the company while researching and analyzing financial reports and market trends. Develop and monitors the cash management program. Monitor revenue recognition practices to ensure 100% compliance with accounting principles. Monitor and control the company expenses and recommend opportunities for cost reduction. Review the annual sales forecast to ensure that it is in compliance with the annual budget.
  • CFO

    Corona Company for Chocolate

    Jan 2017 - Dec 2017 -11 months

    Egypt

    • Job Details:Monitor the day-to-day financial operations within the company, such as payroll, invoicing and other transactions. Track the company's financial status and performance to identify areas for potential improvement. Seek out methods for minimizing financial risk to the company. Research and analyze financial reports and market trends. Present financial reports to board members, stakeholders, executives, and clients. Remain up to date with technological advances and accounting software. Conduct reviews and evaluations for cost-reduction opportunities. Establish and maintain financial policies and procedures for the company. Monitor and interpret cash flows and predicting future trends. Research and report on factors influencing business performance and conduct evaluations for cost-reduction opportunities. Analyze competitors and market trends. Liaise with auditors to ensure annual monitoring is carried out. Develop external relationships with appropriate contacts, e.g. auditors, solicitors, bankers and statutory organizations such as the inland revenue. Ensure that all statutory requirements of the organization are met including withholding tax, income tax, properties and sales tax. Maintain an internal control system and provide recommendation for improvement. Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory. Oversee financial department employees, including financial assistants and accountants. Contract outside services for tax preparation, auditing, banking, investments, and other financial needs.
  • Chief Financial Officer

    Rheoserve

    Jun 2014 - Dec 2016 -2 yrs, 6 months

    Egypt

    • Job Details:Set internal controls and prepare and maintain an effective and efficient document cycle. Prepare the company's annual budget and financial plan for future years, and monthly comparison actual verses budgeted financial information and report it to the executive manager. Prepare monthly VAT reports, quarterly withholding tax reports, salary tax reports, and social security insurance reports. Prepare monthly, quarterly and annual financial statements. Prepare monthly close-out reports according to regulations; profit-loss statements, special financial reports, studies and analyses. Follow-up the movement of the actual exchange and feed accounts to meet checks issued and coordination with banks on the scheduling of transfers and overdrafts and the proposal on the management of the company how appropriate to liquidity. Cooperate with financial auditors, to prepare and fulfill all audit requirements needed to complete the audit and obtain audited financial statements. Organize and properly file financial and accounting documents for safe keeping. Determine the most appropriate costing method and prepare cost per unit reports for all types of inventory. Maintain and implement ERP system and development. Monitor and control the company expenses and recommend opportunities for cost reduction. Ensure that all statutory requirements of the organization are met including withholding tax, income tax, properties and sales tax.
  • Education

    • Bachelor's Degree in Accounting

      Helwan University

      Jan 1989   36 yr 5 Months

    Skills

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    Languages

    • Arabic

      Fluent
    • English

      Beginner
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