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ahmed Abdelreheem Soliman

Corporate Finance Manager at Nesmal Investment

Maadi, Cairo, Egypt

Work Experience

  • Corporate Finance ManagerFull Time

    Nesmal Investment

    Jan 2017 - Present -8 yrs, 6 months

    Egypt , Cairo

    • Job Details:1 - Prepare consolidation financial statement and management reports, 2 - Review subsidiaries monthly financial, management reports, including income statement, balance sheet, budget and variance, projections and forecast, and cash flow. 3 - Perform month-end closing procedures, including overhead allocations, account reconciliations, and updating schedules. 4 - Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations 5 - Recommend and report upon benchmarks against which to measure organizational performance. 6 - Provide for a system of management cost reports. 7 - Provide leadership to finance and accounting areas of the organization. 8 - Provide useful financial insights to help make better decisions about formulating and executing strategy, and provide guidance and analysis to executive and operational management to improve results. 9 - Maintain control of the following areas: general ledger, accounts payable, expense reports, billing, and payroll. 10 - Assist in the management of grants reporting, compliance, and reconciliation. 11 - Ensure that all financial transactions are processed accurately, in a timely manner, and in accordance with generally accepted accounting principles. 12 - Develop, implement, and maintain processes and controls that are current best practices related to transaction processing. 13 - Assist in coordinating the preparation of the draft audited financial statements and all tax returns. 14 - Maintain system of accounts and keep books and records on all transactions and assets. 15 - Support the Company’s mission, vision, values and goals in the performance of daily activities. 16 - Design effective budget models for departments and the entire company 17 - Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget 18 - Present annual budgets to senior managers 19 - Review budget requests for approval 20 - Forecast future budget needs 21 - Identify variances between actual and budgeted financial results at the end of each reporting period 22 - Suggest spending improvements that increase profits 23 - Design and implement effective budgeting policies and procedures 24 - Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis. 25 - Maintain the budgeting policies and procedures manual.
  • Finance ManagerFull Time

    Tawasol Telecom

    Mar 2014 - Jan 2017 -2 yrs, 10 months

    • Job Details:1 - Prepare monthly and quarterly management reporting 2 - Manage and oversee the entire accounting team 3 - Monitor the day-to-day financial operations within the company (payroll, invoicing, and other transactions) 4 - Support project analysis, validation of plans, and ad-hoc requests 5 - Participate in strategic data analysis, research, and modeling for senior company leadership 6 - Manage the company's financial accounting, monitoring, and reporting systems 7 - Ensure compliance with accounting policies and regulatory requirements 8 - Ensure that all necessary documents are requested, collected, and compiled 9 - Review corporate and personal income tax returns to ensure accuracy 10 - Advise business owners and individuals regarding the tax code 11 - Oversee the processing of state and federal payroll taxes 12 - Design effective budget models for departments and the entire company 13 - Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget 14 - Present annual budgets to senior managers 15 - Review budget requests for approval 16 - Forecast future budget needs 17 - Identify variances between actual and budgeted financial results at the end of each reporting period 18 - Suggest spending improvements that increase profits 19 - Design and implement effective budgeting policies and procedures 20 - Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis. 21 - Maintain the budgeting policies and procedures manual.
  • Chief AccountantFull Time

    Nesmal Investment - Holding company

    Jan 2013 - Mar 2014 -1 yr, 2 months

    • Chief Accountant Budget & PlanningFull Time

      Nesma Holding

      Feb 2012 - Jan 2013 -11 months

      Egypt , Cairo

      • Job Details:1 - Design effective budget models for departments and the entire company 2 - Analyze financial information (e.g. revenues, expenditures and cash management) to ensure all operations are within budget. 3 - Present annual budgets to senior managers 4 - Review budget requests for approval 5 - Forecast future budget needs 6 - Identify variances between actual and budgeted financial results at the end of each reporting period 7 - Suggest spending improvements that increase profits 8 - Design and implement effective budgeting policies and procedures 9 - Experience in budgeting and budget planning including development of annual budgets, forecasting and variance analysis. 10 - Experience of grants management implications in budgeting and with proposal budget development. 11 - Demonstrated project management and problem solving and ability skills to find creative solutions. 12 - Proven ability to prioritize projects and initiate follow through with meticulous attention detail. 13 - High-level financial reporting and analysis 14 - Regular budget consolidation 15 - Improving efficiencies and reducing costs across the business 16 - Developing financial reviews and providing investment advice 17 - Working closely with management or executive teams to share reports and analysis findings 18 - Create and revise budgets for production, sales and marketing, and administrative departments 19 - Perform financial analysis and forecast project revenue and expenses 20 - Prepare budgets according to the company guidelines and in a manner that cater to all departments 21 - Prepare monthly, quarterly, and annual financial reports 22 - Analyze budgeting and accounting reports of each department and enforce expenditure controls 23 - Communicate with managers and make amendments in budgets 24 - Allocate budget to the team working on projects and issue instruction and guidelines. 25 - Compare operating programs with cost-benefits analysis and review finance request from department heads 26 - Act as an advisor to department managers in formulating their budget submissions 27 - Review proposed budget submissions from department managers for accuracy and completeness 28 - Examine whether budget submissions can be achieved based on known capacity constraints and inform management of potential problem areas 29 - Propose enhancements to the budget model. 30 - Examine capital budget requests and issue recommendations to the approval committee. 31 - Coordinate capital budgeting approvals 32 - Review the budget model for calculation errors 33 - Create a consolidated budget version for management approval. 34 - Maintain the budgeting policies and procedures manual.
    • Education

      • MBA in Finance

        Arab Academy for Science, Technology and Maritime Transport (AAST)

        Jan 2013 - Jan 2015 - 2 yr

      • College Diploma in Investment

        Arab Academy for Science, Technology and Maritime Transport (AAST)

        Jan 2014 - Jan 2014 - 0 Month

      • Master's Degree in 3. Master of Business Administration (MBA) from The Arab Academy of Science, Technology & Maritime.

        Cairo University (CU)

        Jan 2004 

      Achievements

      Implement Oracle Hyperion Budget & Planning- Budget, Forecast, Financials, Manpower, Supply Chain, and Cash Management. ERP oracle. Power BI

      Skills

      Languages

      • Arabic

        Fluent
      • English

        Advanced
      • German

        Beginner

      Training & Certifications

      • CMA

        IMA·2019
      • English

        British council·2019
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