Asharf esmail mansour

Chief Financial OfficerFull Time

Chief Financial OfficerFull Time

Chief Financial OfficerFull Time

• Job Details:Info Afrimedical is a Market Leader in the field of medical disposals, a Major supplier to Ministry of Health in Egypt, manufacturing and trading with foreign and local private and governmental businesses, with 500+ employees and total assets of 100M EGP. Annual Revenues 140M EGP. Challenge Facing: company changing Finance Manager (CFO) every year with incremental Loss for years 2015, 2016 With no clear product cost structure and product profitability. Failed ERP Application. My goal was to Develop and maintained the Finance function, Building Team, finance strategy, strategic planning – adapting new product costing structure - Leading ERP implementation as ERP project manager and IT Function supervisor) Major Achievements for 2.5 years managing to achieve profit in year 2017.2018 with increasing sales by 30% ,raising money using Central Bank Initiative from 25 m to 50 m Working capital and MTL Finance other accomplishments • Financial Planning and strategy o Established new Budget and planning Department, o Effectively making the Budgets as a cost saving tool and Revenue increase Driver. • Operation Management o setting policies, Procedures and Rules insuring the implementation of company strategies o Setting periodic Report schedules and Models.to be D+10 from D+25 o Conducting a cost Reduction Review aligning with the implementation of Lean Management project. Product costing review, manufacturing costing review. o Review sales Strategy and Plans Reporting Monthly Variance and taking the corrective actions o Working capital Management Managing the Cash conversion cycle and inventory build up • Risk Management o Conducting Risk assessment Report Raising Flags About Major issues and taking the corrective and response actions with Management. • Corporate Finance o directing cash management system monitor cash flow planed model. o Arrange for financing to meet future cash requirements. Raising Fund by 35M o Capital budgeting. Using NPV, IRR model in investment analysis and evaluation. o Maintain relationships with banks, lenders, investors, investment bankers, and outside analysts. • ERP Project o Project Manager for SAP B1 + Be.as Manufacturing) Currently in live testing phase.