Basic Info

Ahmed Abd El Latif

11 years

Guiza, Egypt

Bachelor's Degree

Manager

Work Experience

Group Financial Planning manager at Dar El Mimar Group (DMG)

Experience Details

Group Financial Planning manager

Accounting/Finance

Manager

• Acting as head quarter for all group’s companies

• Coordination & Preparation of the annual Budgets and & strategic plans.

• Constructing financial statements using budget figures (e.g. Balance sheet, Cash flow, etc…)

• Coordination and preparation for QBRs (Quarter Business Reviews)

• Controlling & Monitoring the expenditure and working capital for DMG stand alone

• Preparing monthly departmental variance analysis (actual vs. budget)

• Financial reporting and analysis included with income statements, balance sheets and cash flows

• Responsible of the consolidation reports for the group included with actual and plan figures

• Creating all general assembly reports and discuss them with the top management

• Creating and constructing new tools for advanced reporting and controlling using VBA and complex formulas

• Financial analysis for me is not numerators and denominators, it is a readable language with explanations

• Cash Flow Forecast (Direct & Indirect)

• Cash & facility management


Company Details

Dar El Mimar Group (DMG)

Cairo, Egypt

More than 1000 employees

Real Estate/Property Management

http://www.dmg.com.eg/

Jun 2015 to present (1 year 6 months)
Financial planning and analyis manager at Metra group

Experience Details

Financial planning and analyis manager

Accounting/Finance

Manager

• Coordination & preparation of the annual Budgets & strategic plans.
• Restructuring the cost module and cost centres hierarchy in SAP
• Monitor and report all expenses.
• Performing the costing month end closing analysis, product cost distribution and reports
• Developing cost structure & brand level monthly report actual vs. budget, profitability & cost analysis reports.
• Preparing monthly departmental profitability & actual expenses vs. budget.
• Financial reporting including, income statements, cash flows, financial analysis
• Monitoring Sales & Gross margin vs. target and developing report accordingly
• Controlling & Monitoring the inventory with continuous reports & early warnings for working capital.
• Maintaining the operational cash flow
• Creation a profitability analysis reports for each vendor
• Acting controller for all non-trade purchase orders through release strategy.
• Calculating & monitoring the ROCE “return on the capital employed” of each business running
• Applying & maintaining the SOP (Standard operating procedures) for financial controlling system.


Company Details

Metra group (multinational)

Dubai, United Arab Emirates

501-1000 employees

Information Technology Services

http://www.metragroup.com/

Feb 2013 to May 2015 (2 years 2 months)
Cost Controller Manager at Saint Gobain Glass Egypt

Experience Details

Cost Controller Manager

Manufacturing/Production

Manager

•Developing & implementing the cost structure of all products based on ABC costing
• Coordination & preparation of the annual Budgets & strategic plans.
•Created, Applied & Maintained the SOP (Standard operating procedures) for the financial controlling system.
•Fully responsible in performing all the CO month closing procedures.
•Controlling & Monitoring the inventory & report early warnings for working capital.
• Acting controller for all purchase orders through release strategy.
•Preparing monthly departmental actual expenses vs. budget.
•Monthly preparation for variance analysis reports to be sent to HQ.
•Monthly Preparation for KPIs showing the performance in terms of resource utilization while monitoring cost declaration
•Monthly forecast & 3-months outlook for income statement & detailed manufacturing cost.
•Preparing monthly profitability report for each product (brand) through standard vs. actual.
•Daily to monthly monitoring the manufacturing Expenses, variances, Inventory, Production & Sales.
•Sending a daily/weekly report to HQ for all the company figures
• Maintaining the operational cash flow
•Holding the controlling process of the Capex budget and the capitalization process for all assets.


Notable accomplishments:
•Full responsibility of capitalizing over 1 Billion (1000 million) EGP of AUC (Including machines, utilities, buildings, land, etc….).

•Participating on all cost saving projects which lead to total saving of 11 million EGP in 2011

•The accomplishment of the standard cost calculation of the entire production portfolio and applying it on SAP based on Year 2010 & 2011 budget.


Company Details

Saint Gobain Glass Egypt (multinational)

ain sokhna, Egypt

101-500 employees

Manufacturing

http://www.saint-gobain.fr/en

Jan 2010 to Jan 2013 (3 years)
Senior Financial Analyst at JUHAYNA. Group

Experience Details

Senior Financial Analyst

Accounting/Finance

Experienced (Non-Manager)

•The development and implementation of annual operating plans, and pricing build ups for the group.
•Working closely with the business units and finance managers; communicating & specifying requirements, assumptions, and financial targets
•Design, direct & report the annual operating plans, and 3 month forecasts for the group.
•Educate the non-finance personnel the budgetary concept, financial knowledge & the rules of allocation in besides reporting the company goals and key objectives.
•Preparing financial performance & reports including cash flows, Balance sheets, income statements, etc….
•Generating weekly reports, Bank positions, inventory movements & intercompany daily status in well-designed financial reports.
•Providing financial approvals through SAP release strategies via Purchase order for the internal beneficiaries in order to proceed with their necessary activity arrangements.
•Preparing profitability analysis reports for each SKU and maintain the correct cost allocation

Notable Accomplishments:
•Entering the concept and developing the ACS module (Automatic controlling system) in SAP for the first time in the Group by taking the budget as a controlling point.

•Fixing the concept of the pricing that used to be calculated using standard cost prices & recalculate using actual figures and developing variance analysis reports.

•Creating a new budget tool (first time) with a user friendly interface which converts raw data exported from SAP, in addition to the agreed budget, into readable analytical reports


Company Details

JUHAYNA. Group

cairo, giza, Egypt

101-500 employees

Food and Beverage Production

http://www.juhayna.com/

Dec 2008 to Dec 2009 (1 year)
Business Planning & analysis professional at Novartis Egypt S.A.E

Experience Details

Business Planning & analysis professional

Accounting/Finance

Experienced (Non-Manager)


•Coordination & preparation of the annual Budget & latest estimates on quartile basis for Specialty BU.
•Respond to requests from region and local management through analytical reports describing the company state (Sales, Expenses, etc...) In an accurate and timely manner.
•Design & direct management reports and presentations on various aspects of the business
•Provide adequate business information on Specialty BU performance.
•Preparing the year budget financial, sales & Operational expenses reports , latest estimates (LE) & Strategic plans
•Being responsible on controlling & tracking the expenditure in daily & monthly bases to assure that there are no excess may occur over budget/LE, or at least within the minimum variation permitted.
•Provide the approval for financial requests for internal beneficiaries in order to proceed with their necessary activity arrangements.

Working inline as a tender business coordinator :

Tender business was embedded within the BPA department responsibility for only one year as for its relation to sales which is one of our key responsibilities

•Being responsible for processing & solving tender business issues
•Preparing the technical & financial proposals with the necessary scientific attachments for each tender.
•Specifying the products’ tender ex-factory prices with the highest profit margin possible without affecting the product acceptance in the tender
Notable Accomplishments:

•The Creation of an advanced tracking system for expenses & a workflow system for approvals, for efficient tracking & comply the beneficiaries with the company system
•The Creation of an advanced tracking tool for advertising & promotion (first time in Novartis) which is totally integrated with the SAP BW (Business warehouse) showing the (Actual, Budget, Commitment, Ring fence & Availability) state & updated daily for better expense control & saving opportunities.
•Participated in performing the strategic plans, teaming up with the business units & budgetary teams.


Company Details

Novartis Egypt S.A.E (multinational)

Cairo, Egypt

501-1000 employees

Pharmaceuticals

http://www.novartis.com.eg/

Feb 2005 to Nov 2008 (3 years 9 months)

Achievements


•Full responsibility of capitalizing over 1 Billion (1000 million) EGP of AUC

•Participating on all cost saving projects which lead to total saving of 11 million EGP in 2011

•3 SAP implementations


• Entering the concept and developing the ACS module (Automatic controlling system) in SAP for the first time in the Group by taking the budget as a controlling point.

• Fixing the concept of the pricing that used to be calculated using standard cost prices & recalculate using actual figures and developing variance analysis reports.

• Creating a new budget tool (first time) with a user friendly interface which converts raw data exported from SAP, in addition to the agreed budget, into readable analytical reports




• The Creation of an advanced tracking system for expenses & a workflow system for approvals, for efficient tracking & comply the beneficiaries with the company system
• The Creation of an advanced tracking tool for advertising & promotion (first time in Novartis) which is totally integrated with the SAP BW (Business warehouse) showing the (Actual, Budget, Commitment, Ring fence & Availability) state & updated daily for better expense control & saving opportunities.
• Participated in performing the strategic plans, teaming up with the business units & budgetary teams.




Education

Bachelor's Degree in Accounting

Education Details

Bachelor's Degree

Accounting

Cairo University, Egypt

Not specified

N/A

N/A

Cairo University
1997 - 2004
High School - Thanaweya Amma

High School Details

Thanaweya Amma

horreya language school

Egypt

1997

C / Good / 65 - 75%

N/A

horreya language school
1997

Training and Courses

Training/Course Details

Communication skills

May 2007

AUC

N/A

IFRS at IPS
Sep 2015

Training/Course Details

IFRS

Sep 2015

IPS

N/A

This profile is not updated!
Last update more than 4 months ago.

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Profile Skills and Keywords

AccountingAnalyticalArabicBudgetingBusiness Planning & Analysis ProfessionalCommunication SkillsCost Controller ManagerCost ControllingCostingCreativeCreativityEnglishFinanceFinancial AnalysisFinancial Planning And Analyis ManagerFinancial Process AnalysisFood And Beverage ProductionGroup Financial Planning ManagerIFRSInformation Technology ServicesInsuranceLeaderManufacturingMaterial CostingMetra GroupMicrosoft ExcelMicrosoft OfficeNovartis Egypt S.A.EOperationsPharmaceuticalsPlannerProblem SolverProductionProperty ManagementReal EstateSAPSaint Gobain Glass EgyptSenior Financial AnalystSharing AcheivementsTeam WorkTime Management

Self-assesed Skills

Languages

Arabic

Arabic

: Fluent

: Fluent

: Fluent

: Fluent

English

English

: Fluent

: Fluent

: Fluent

: Fluent

Tools and Technologies

Microsoft Excel

Microsoft Excel

: Expert

: Extreme - I love it!

:

More than 7 years

Microsoft Office

Microsoft Office

: Expert

: Extreme - I love it!

:

More than 7 years

SAP

SAP

: Expert

: Extreme - I love it!

:

More than 7 years

Fields of Expertise

Cost Controlling

Cost Controlling

: Expert

: Extreme - I love it!

:

More than 7 years

Budgeting

Budgeting

: Expert

: Extreme - I love it!

:

More than 7 years

Costing

Costing

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Analysis

Financial Analysis

: Expert

: Extreme - I love it!

:

More than 7 years

Financial Process Analysis

Financial Process Analysis

: Expert

: Extreme - I love it!

:

More than 7 years

Material Costing

Material Costing

: Expert

: Extreme - I love it!

:

More than 7 years

Key Skills

Analytical, Leader, Planner, Creative, Problem Solver

Online Presence

 •	Coordination & preparation of the annual Budget & latest estimates on quartile basis for Specialty BU. •	Respond to requests from region and local management through analytical reports describing the company state (Sales, Expenses, etc...)  In an accur

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