Experience

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  Export development bank of egypt

  Jan 1993 - Jan 2003

  Branch assistant manager

  ❁ Interacted proactively with new and existing customers, cultivating relationships to identify and capitalize on new business opportunities, fostering revenue growth.❁ Evaluated and recommended strategies for potential default loans and facilities, including the assessment of restructuring and liquidation options, contributing to risk management and financial stability.Key Achievements ➔ Nominated as Assistant Manager of the Year in 2000.➔ Implemented credit facilities as branch assistant manager for credit auditor in 2001.➔ An active member of the branch committee of granting and renewing the credit facilities. Show less

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  Starco international

  Jan 2003 - Jan 2005

  Deputy financial manager

  ❁ Made critical decisions regarding company finances, including funding for day-to-day operations and strategic financial and risk management activities, informed by market conditions.❁ Played a pivotal role in optimizing the financial efficiency of the organization by negotiating favorable borrowing terms with banks and providing consultative guidance on investment opportunities.❁ Evaluated projects related to periodic refinancing, considering the impact of international money markets on the performance of organizational products.❁ Conducted feasibility studies for proposed projects, ensuring informed decision-making, and actively monitored cash balances derived from sales to maintain financial stability and liquidity. Show less

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  Farm frites egypt

  Jan 2005 - Jan 2008

  Financial controller & corporate treasury manager

  ❁ Oversaw the annual budget, including allocation and renewal of annual facilities, efficiently managing the receipt and disbursement of funds.❁ Successfully managed the acquisition and sale of assets, ensuring optimal financial outcomes for the organization.❁ Negotiated and approved agreements with potential capital transaction impact, including loan or overdraft terms with banks, to optimize financial strategies.❁ Implemented process improvements to re-engineer cash collection processes, resulting in a reduction of accounts receivable (AR).❁ Established and enforced internal controls, aligning them with organizational accounting and financial procedures to enhance operational efficiency and compliance. Show less

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  Hama holding for financial investments

  Jan 2008 - Jan 2011

  Chief financial officer (cfo)

  ❁ Spearheaded strategic initiatives and operational plans in alignment with the company's vision, resulting in enhanced organizational performance and efficiency.❁ Ensured compliance with legal regulations, effectively identifying and mitigating potential risks to safeguard the organization's financial stability.❁ Fostered opportunities for growth and market expansion by establishing strategic partnerships with financially stable organizations, optimizing shared resources, and promoting mutual benefit.Key Accomplishments:► Enhanced financial stability, creditworthiness, and investor confidence by increasing solvency from 27% to 39%. ► Played a key role in securing substantial financing during crucial stages of growth for fast-growing companies with a total worth of over $35M. ► Accomplished reduction in annual costs and secured savings of EGP375K by renegotiating lower insurance premiums.► Improved performance by refining the leadership skills and capabilities of subsidiary managers through training and professional development. Show less

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  Newpressdan

  Jan 2011 - Jan 2016

  Managing director ceo

  Collaborated with cross-functional teams to formulate annual operational and long-range strategic plans, aligning organizational goals and strategies. Conducted financial analysis to understand operations and facilitate data-driven decision-making. Oversaw resource allocation by developing and monitoring budgets, ensuring financial alignment with strategic objectives, and establishing internal controls and procedures to safeguard financial integrity. Led a large team, including managers.• Achieved a significant increase in annual profits by revamping the sales strategy and expanding into new markets, including Sudan, Ghana, Ethiopia, Morocco, France, Kenya, Jordan, and Saudi Arabia.• Increased enterprise value by enhancing working capital management, boosting operational cash flow through increased sales, and securing extended credit lines with suppliers, positively impacting Free Cash Flow (FCF).• Ranked in the top five contenders in the competitive Egyptian market by strategically repositioning the company and revamping its corporate image. Show less

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  Techno carton factory

  Jan 2016 - Jan 2018

  General manager

  Supervised daily business activities, overseeing multiple teams to achieve key objectives. Successfully implemented departmental policies, goals, and procedures through collaboration with board members and staff. Set up vision, mission, and company values. Led initiatives to ensure regulatory compliance and promote best practices, consistently surpassing quality standards. Pioneered the development and enforcement of policies and standard operating procedures. Supervised staff and managers. Controlled a significant budget.• Reduced costs by 20%, driving significant operational savings.• Enhanced quality levels and increased customer satisfaction significantly.• Improved working capital management, optimizing financial efficiency. Show less

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  Al jawharah carton factory | مصنع الجوهرة للكرتون

  Jan 2018 - Jan 2021

  General manager

  Spearheaded the comprehensive development and enforcement of policies and procedures across finance, human resources, and IT departments. Oversaw diverse financial activities, including banking operations, accounting processes, and payroll management, while orchestrating budgeting initiatives to optimize resource allocation and support strategic objectives. Maintained responsibility for administrative functions, supervised staff including managers, and managed a significant budget. Established and implemented policies and procedures across all departments and sectors. Created a five-year business plan, including a detailed sales and marketing strategy.• Achieved a remarkable profit increase in the first two years, guided by the business plan and feasibility study.• Secured 100% of project milestones by developing a comprehensive feasibility study and time plan. Show less

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  Al watania for industries

  Jan 2021 - now

  Group cfo (vice president finance and it)

  Develop and execute the company’s financial strategy aligned with long-term business goals. Identify cost optimization and revenue enhancement opportunities, evaluate mergers, acquisitions, or divestitures, and oversee budgeting and forecasting processes. Managed staff, directors, and a large budget. Monitor financial performance against budget, analyzing variances and providing actionable insights. Ensure timely and accurate financial reporting, cultivate relationships with investors and analysts, and oversee cash management, liquidity planning, and investment strategies. Implement financial systems and technologies to streamline processes and build a high-performing finance team.• Produced a significant operating cash flow increase by the end of 2023, a tenfold increase from the previous year, by creating and implementing a comprehensive mitigation plan in response to rising interest rates.• Achieved notable net profit for one factory, reversing a prior loss, and another factory in the same sector achieved a net profit, reversing previous losses. Led sales team to optimize the sales mix for maximum profitability and volume.• Delivered significant currency exchange profit by setting up forward deals and hedging plans and signing forward deals' contracts with banks.• Achieved 100% ( IPO readiness ) impact by securing stock market listing approval, turning the company public through policy enhancements, selecting consultants, overseeing FDD and prospectus development, and leading investor presentations and negotiations for optimal shareholder outcomes. Show less