Walid Kamal Kamal CMA DipIFRS

Head Of Accounting And FinanceFull Time

• Job Details:• Selected by National Marine Dredging Company CEO & CFO (Abu Dhabi – UAE) for Head Of Accounting And Finance role in November 2018 to establish financial and accounting department for branch expansion in Egypt I started implementation financial and accounting strategies, policies and procedures, manage the monthly, quarterly and annual business review process and assist NMDC- Egypt GM & Group CFO by providing periodic reports for board of directors, directly supervise 12-member team. Key Responsibilities: 1 – Strategic planning: Working collaboratively with GM, CFO & Senior operations director in formulating the following tasks: • Company’s future direction and supporting tactical initiatives. • Monitoring and directing the implementation of strategic business plan. • Managing the capital request and budgeting process. 2 – Operations Activities: • Participate in key decisions as a member of the management team. • Maintaining relations with all members of management team. • Manage the accounting, cost control and treasury sections. • Oversee the financial operations of regional units within Egypt. • Manage any third parties to which functions have been outsources (IT, legal services). • Oversee the company’s transaction processing systems. • Implement operational best practices and controls. • Represent the company with external auditors, Banks, clients, suppliers, and Tax Authority. 3 – Financial Reporting: • Oversee the issuance of financial information. • Review and validate company’s financial statements, monthly and quarterly reports. • Ensure that all financial statements comply with Egyptian GAAP and IFRS. • Ensure that all financial transactions are properly accounted in the general ledger. • Maintaining the chart of accounts, ensure educate and proper classification among accounts’ groups. • Ensure that corporate policies and procedures are adhered to all financial transactions. 4 – Budgeting, performance evaluation and decision-making support: • Review and validate all budgeting process procedures (time frames, documentation and negotiation). • Working collaboratively with all management levels for preparing the annual business plan. • Review and approve all management reporting package with variance analysis, develop Key Performance Indicators (KPI) and recommend corrective actions. • Provide management with decision evaluation related to acquisition new fixed assets and recommend suitable financing sources. 5 – Funding and working capital management: • Monitor cash balances and cash forecasts & invest funds. • Establish and maintaining access for short, medium- and long-term financing. • Monitor all items of cash conversion cycle to ensure proper credit policies and cash turnover. 6 – Risk management: • Understand and mitigate key elements of company’s risk profile. • Monitor all open legal issues involving the company, and legal issues affecting the industry. • Construct and monitor reliable control systems. • Maintain appropriate insurance coverage and represent company with insurance brokers, insurance companies & P&I clubs. • Ensure that company complies with all legal and regulatory requirements • Maintain relations with external auditors and investigate their findings and

Finance ManagerFull Time

• Job Details:Achievements • Established financial and accounting strategies, policies and procedures for ZMI Egypt business unit. • Managing annual turnover amounting to $15 Million. • Participated with new projects committee in Financing a $45 million capital expansion projects (acquisition of new AHTS and DP2 marine units) with Noor Islamic Bank, NBA and NBD. • Raised Zakher Marine International Inc. working capital by securing diversified credit facilities portfolio (LC, LG, overdraft) amounting to $4 Million with HSBC and Credit Agricole Egypt Bank to support daily operations. • Maintaining good relationship with all financial institutions and vendors and by providing timely and reliable financial information and minimizing operational and financial risk which leaded to reasonable finance cost. • Minimized foreign currency rates risk by using effective heading polices during FX rates fluctuations in 2012, 2013. • Building an effective and efficient Management information system which contributed in: 1- Providing useful financial information for all stakeholders (internal and external). 2- Support decisions making process, used for long term investments acquisition. 3- Effective cost saving activities during 2009 crisis and oil prices collapsing during 2012. 4- Enhancing internal control activities by providing manager with timely and reliable financial information. • Brought bad debt down to its lowest level by maintaining effective follow up system to all company's outstanding receivables. • By adequate managing for cash conversion cycle, effective budgeting and cash forecasting process guaranteed all financial needs for current activity and capital expenditure as well.

accountantFull Time

• Job Details:-Worked in accounts receivables in high usage customers sector -Preparing sales invoices as per monthly electricity usage -Preparing all support documents for all reconciliations