Karim Ragab, CMA, FMVA, CFC

Experience

• 

  Barclays

  Jul 2009 - Aug 2009

  Bank Teller
• 

  SEIF Pharmacies

  Oct 2010 - Nov 2011

  Accountant

  •Manage daily cash sales and insurance claims.•Manage inventory movement, expiry and damage.•Prepare monthly reports for sales staff commission and overtime.

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  Fastlo

  Jan 2012 - May 2012

  Accountant

  •Record Daily expenses related to inbound and outbound transactions.•Manage customers Payments, refunds and claims.•Perform monthly reconciliation for petty cash, credit card and bank.

• 

  Tamer Healthcare

  Jun 2012 - Sept 2023

  •Prepare and examined financial statements, ensuring full compliance with IFRS standards.•Deliver consistent financial performance reports to executive management, providing actionable insights.•Collaborate with executives and cross-functions leaders to set departmental budget and ensure align with company goals.•Conduct feasibility analysis for new agreements, assessing financial conditions and risks.•Manage internal controls, implementing corrective measures to mitigate risks and deficiencies.•Ensure compliance with Saudi Arabian financial regulations, revising internal policies and implementing required changes. Show less •Review and analyzed profit and loss statements to ensure completeness and accuracy.•Assist in the preparation of annual budgets and long-range financial forecasts.•Develop and maintained financial models and reports for various business units and projects.•Manage day-to-day operations of the finance department, ensuring timely and accurate financial reporting.•Improve working capital management and enhanced cash flow efficiency.•Work closely with external auditors to ensure proper year-end financial reporting and compliance. Show less

  • Financial Controller

    Jan 2023 - Sept 2023

  • Accounting Manager

    Sept 2019 - Dec 2022

  • Senior AP Accountant

    Aug 2018 - Aug 2019

  • Senior AR Accountant

    Jun 2015 - Jul 2018

  • AR Accountant

    Jun 2012 - May 2015
• 

  Medtown Hospital

  Nov 2023 - now

  Financial Controller

  •Oversee monthly and annual financial statements, ensuring compliance with company policies and local regulations.•Manage Capital Work in Progress (CWIP) and analyze variances, ensuring alignment with project budgets and timelines.•Provide detailed financial reports to the Ministry of Finance and banks, securing funding per the approved financial plan.•Collaborate with executives to prepare the operational budget, aligning with the company’s strategic objectives and vision.•Monitor both CAPEX and OPEX to identify improvement opportunities and potential risks, ensuring optimal financial health.•Lead daily financial operations, ensuring cross-functional collaboration and promoting a culture of inclusiveness.•Serve as the primary contact for external auditors, ensuring timely and accurate audit preparation and compliance.•Develop and implement financial policies, standards, and control procedures to align with country regulations.•Spearhead ERP system execution to enhance financial reporting, control and improving operational efficiency.•Foster a culture of continuous learning and development within the finance department, coaching and mentoring team members. Show less