
Timeline
About me
Finance Manager
Education

Ain shams university
1995 - 1999Bachelor's degree accounting- Acquiring a comprehensive understanding of accounting principles, theories, and practices to establish a strong foundation in financial and managerial accounting.- Developing the practical skills necessary for the application of accounting knowledge in real-world scenarios, including financial analysis, budgeting, auditing, and compliance.- Cultivating critical thinking skills to analyze financial data critically and make informed decisions.
Experience

Galina
Aug 1999 - Mar 2001Junior accountant•Orchestrated a streamlined budget preparation process, contributing to a 15% reduction in preparation time as assigned by the chief accountant.•Enhanced decision-making for the Administration through meticulous research and analysis, resulting in a 20% increase in the accuracy of financial information provided.•Executed comprehensive audits on clients' accounts, expense accounts, bank accounts, and petty cash, ensuring 100% compliance with internal policies and external regulations.•Implemented efficiency measures in financial reporting, leading to a 25% improvement in report turnaround time and facilitating more timely decision-making by the Administration.•Successfully identified and resolved discrepancies during audits, resulting in a 30% reduction in financial errors and contributing to a more robust financial control environment. Show less

H.u.
Mar 2001 - Mar 2007Chief accountant•Spearheaded financial analysis efforts, resulting in a 15% improvement in variance reporting accuracy, enhancing management's ability to make informed decisions on operating costs and revenue.•Successfully managed the primary supplier account for PETROGAS CO., streamlining operations and ensuring seamless communication, contributing to a 10% increase in overall supplier satisfaction and optimizing procurement processes.•Implemented new Egyptian Accounting Standards, leading to the precise preparation of financial statements, including balance sheets, income statements, profit and loss accounts, and cash flow statements, ensuring compliance and transparency.•Orchestrated and led a high-performing accounting team of over 10 members, fostering collaboration and efficiency, resulting in a 20% reduction in reporting time for consolidated and segmented financial analyses on a monthly, quarterly, and annual basis.•Established effective relationships with banks and financing institutions, actively contributing to the development and execution of a robust financing strategy, resulting in a 10% reduction in financing costs and enhancing the overall financial health of the organization. Show less

Zoman
Mar 2007 - Mar 2009Chief accountant•Implemented rigorous variance reporting procedures, leading to a 15% reduction in operating costs by identifying and addressing discrepancies promptly. This contributed to enhanced management awareness and informed decision-making.•Spearheaded the preparation of consolidated and segmented financial analyses, streamlining monthly, quarterly, and annual reporting processes. Resulted in a 20% reduction in reporting time and increased accuracy in balance sheets, income statements, and cash flow statements.•Successfully prepared monthly and annual trial balances and budgets, contributing to a 10% increase in budget accuracy. Conducted thorough analyses of financial results against budgets, providing valuable insights for strategic decision-making.•Conducted comprehensive audits of company bank accounts, including letters of credit, letters of guarantee, loans, deposits, and withdrawals. Identified and rectified discrepancies, ensuring compliance and financial integrity. Reduced audit time by 25%.•Played a pivotal role in implementing annual business plans and supporting finance strategy, resulting in a 12% increase in overall business performance. Regularly reported business performance versus budget to department heads, fostering a data-driven decision-making culture. Show less

Alumil
Mar 2009 - Feb 2010Chief accountant•Achieved 100% accuracy and compliance in monthly financial reports and IFRS quarterly reports, resulting in seamless communication with the mother company in Greece and facilitating informed decision-making at the corporate level.•Successfully managed financial accounting work, ensuring the timely submission of complete audit files to external auditors for both Interim and Final Audits. Met all auditor requirements, contributing to the smooth conduct of audits and compliance with regulatory standards.•Implemented robust budget monitoring processes, leading to a 15% reduction in unnecessary expenses, enhancing overall financial efficiency. Conducted in-depth analyses of store Profit and Loss (P&L) performance, collaborating with the store team to develop and execute strategic action plans.•Evaluated, developed, and improved department controls, systems, and procedures, resulting in a 20% increase in operational efficiency. Recommended and implemented modifications to accounting systems, enhancing overall effectiveness and streamlining financial processes.•Enhanced financial transparency by introducing comprehensive reporting structures, leading to improved communication between departments and facilitating a better understanding of the financial landscape. This initiative contributed to informed decision-making and overall organizational growth. Show less

Al jazirah vehicles agencies co. ltd.
Feb 2010 - Feb 2018Regional chief accountant•Provided strategic counsel on investments, significantly enhancing the company's investment portfolio performance.•Took charge of the accounting function, implementing streamlined regulations that effectively reduced operational costs, ensuring fiscal responsibility and transparency.•Established and surpassed ambitious goals for the finance department, resulting in notable improvements in overall departmental performance and alignment with organizational objectives.•Led financial operations, optimizing integrated accounting systems and implementing cost-effective measures, contributing to a substantial increase in the company's overall profitability.•Directed the management of financial accounting and reporting systems, achieving a significant reduction in reporting errors and ensuring strict compliance with industry standards. Show less

Samaco automotive
Feb 2018 - Jul 2020Account receivable manager•Enhanced financial reporting efficiency by 20% through the implementation of streamlined processes, resulting in quicker data interpretation and more timely strategic decision-making for the Chief Financial Officer.•Successfully instituted and maintained a set of financial policies and procedures for the foundation, ensuring compliance and improving overall financial governance, as evidenced by achieving a 15% reduction in financial discrepancies.•Improved accounts receivable processes, resulting in a 25% reduction in outstanding receivables by implementing modifications and enhancements to existing procedures, aligning the team's objectives with departmental goals.•Provided impactful leadership by supporting and training accounts receivable clerks, contributing to a 30% increase in team productivity and accuracy in daily financial transactions.•Orchestrated seamless coordination of daily sales order processing and bank remittance transactions, leading to a 10% improvement in receivables monitoring and update accuracy, thereby enhancing overall financial control. Show less

Global auto group
Sept 2020 - Dec 2021Accounting manager•Implemented streamlined financial reporting processes, resulting in a 20% reduction in time spent on report generation, improving overall efficiency and timely delivery of financial information to the Financial Controller and CFO.•Established and enforced robust financial policies and procedures, reducing the occurrence of financial discrepancies by 15%, ensuring the integrity of financial data and compliance with industry standards.•Identified and implemented modifications to existing financial processes, leading to a 10% reduction in operational expenses. Continuously evaluated and recommended changes to enhance efficiency in financial affairs and services.•Set and achieved departmental objectives for the accounting team, aligning their performance with broader organizational goals. Resulted in a 25% improvement in team productivity and effectiveness in achieving financial targets.•Managed monthly Trial Balance with precision, resulting in a 100% accuracy rate during financial statement reviews by external auditors and tax consultants. Successfully maintained compliance with regulatory requirements. Show less

Iss palumbo s.r.l.
Dec 2021 - Dec 2022Finance manager•Improved financial reporting processes, resulting in a 20% reduction in report generation time for the Regional Director and CFO worldwide, enhancing decision-making speed.•Successfully initiated and established the first accounting department in Egypt after an 11-year absence, ensuring compliance with international financial standards and contributing to organizational growth.•Expanded business relationships within the petroleum industry by cultivating new partnerships with key players such as Petrobl, Badr, Rashpetco, Qarun, and NOSCO, contributing to a 15% increase in revenue through enhanced dealings.• Collaborated with Audit and Tax consultants (Baker Tilly) to efficiently resolve pending files with the Egyptian Authority for Taxation (EAT), resulting in a 25% reduction in outstanding financial matters and ensuring regulatory compliance.•Facilitated a seamless transition of the accounting department from Italy to Egypt, fostering a cooperative spirit among cross-functional teams and ensuring a smooth handover process, minimizing disruptions and ensuring continuity. Show less

Otis elevator co.
Dec 2022 - Dec 2023Accounting manager•Spearheaded the successful implementation of the ARMS (BLACKLINE) system, enhancing efficiency by certifying over 250 monthly account reconciliations, leading to a 20% reduction in reconciliation errors and ensuring compliance with financial reporting standards.•Established and maintained a robust talent pipeline within the Finance Department, providing mentorship to high-potential individuals, resulting in a 15% improvement in staff performance metrics and increased overall team productivity.•Orchestrated the reconciliation of worldwide transactions with Egypt using the global IMS (Intercompany Management System), achieving a 25% reduction in discrepancies and enhancing accuracy in cross-border financial transactions.•Introduced and optimized financial management processes through the use of professional tools such as ORACLE JD Edward, DATA POINT, and SAP Expense interface, ensuring data integrity within the ERP environment and reducing processing time by 30%.•Played a pivotal role in achieving absolute adherence to Safety, Ethics, and Quality standards, contributing to a 10% improvement in overall compliance metrics and receiving positive feedback during internal and external audits. Show less

Loulia fm and construction
Jan 2024 - Sept 2024Finance manager● Budgeting and Forecasting: Developing budgets for projects and the company as a whole, forecasting future financial performance, and adjusting budgets as needed.● Cost Management: Monitoring and controlling project costs, ensuring expenditures align with budgets, and identifying opportunities for cost savings● Financial Reporting: Preparing financial statements, including profit and loss statements, balance sheets, and cash flow statements, and ensuring compliance with accounting standards and regulations.● Cash Flow Management: Managing cash flow to ensure the company has sufficient liquidity to meet its obligations, planning for short-term and long-term financing needs, and optimizing the use of financial resources.● Funding and Financing: Securing funding for projects through loans, bonds, or equity financing, negotiating terms with financial institutions, and managing relationships with investors and creditors.● Risk Management: Identifying financial risks related to construction projects and the overall business, implementing strategies to mitigate these risks, and ensuring adequate insurance coverage● Compliance and Taxation: Ensuring compliance with financial regulations and laws, managing tax planning and filing, and coordinating with external auditors and tax advisors.● Financial Systems and Processes: Implementing and maintaining financial management systems and processes to enhance efficiency and accuracy in financial reporting and control.● Oversight of overall financial performance, identifying potential risks, deficits, and improvement opportunities.● Led daily operations of the accounting department, overseeing month-end and year-end processes, reconciling AP/AR, monitoring cash and banking activities, and managing GLs. Show less

Max group
Sept 2024 - nowFinance manager• Financial Strategy and Planning: Developing and implementing comprehensive financial strategies and budgets, including preparing and monitoring the 2025 budget, in alignment with organizational goals. • Cost Control and Expense Management: Leading efforts to control and reduce operating expenses, specifically focusing on SG&A expenses, which typically range between 35-50% of net income. I also provide strategic recommendations to improve cost efficiency across all departments, including our women-only gym branches. • Cash Flow and Revenue Optimization: Managing daily cash flow to maintain operational efficiency and implementing creative strategies to enhance revenue streams, such as exploring points-based loyalty programs for membership retention. • Asset Inventory Management: Conducting a thorough inventory of assets to ensure accurate valuation and efficient resource utilization. • Data Analysis and Reporting: Utilizing data analysis to provide actionable insights, offering accurate and timely financial reports directly to the CEO, to support strategic decision-making. • Stakeholder Collaboration: Reporting to the CEO and collaborating closely with various departments to align financial objectives with organizational priorities, contributing to Max Gym’s growth and sustainability.My role at Max Gym enables me to leverage my finance expertise to support business objectives, drive growth, and enhance profitability. Through strategic insight, diligent cost management, and proactive financial planning, I aim to maximize value for Max Group and contribute to its success in the fitness industry. Show less
Licenses & Certifications

Advanced course in technical analysis for stock markets
The financial transaction centerJan 2005
Advanced course in financial analysis
Hpa- high performance academyJan 2006
Languages
- arArabic
- enEnglish
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