Cairo, Al Qahirah, Egypt
Strategic Planning, Benchmarking, Budgeting
Talents
Work Experience
Chief Financial Officer
Jeem Investment Holding
Full Time Apr-2014 To present 11 years
Responsibilities
  • Key Deliverables
    *Instrumentally involved in setting the business plan and implementing the company strategies
    *Prepare and maintain regular financial planning reports; Monthly financial statements (vs. budget), and business forecast.
    *Spearheading the company’s overall revenue generation and provide critical financial and operational information to the top management.
    *Establish policies and procedures, and advise the ERP to suit the business requirements of the Organization.
    *Stellar in maximizing the profit of the company and optimizing the cost.
    *Manage cash flow planning and ensure availability of funds as needed, and provide weekly cash flow forecast.
    *Cementing healthy relationship between Improve Consultancy & other financial firms for raising funds for companies through private placement and making private equities.
    *Oversee the accounting department to ensure proper maintenance of all accounting systems and function.
Achievements
  • *Set up two profitable investment opportunities, Set up the group financial polices & procedures
Strategic Planning & Corporate Development Director
Obeikan Investment Group OIG
Full Time Jan-2012 To Apr-2014 2 years 3 months
Responsibilities
  • Instrumentally involved in establishing new strategic business units for enhancing revenue through Mergers & Acquisition (4 transaction), stand-alone projects or joint ventures (2 transaction) as well as explored new opportunities (3 transaction).
    Played a vital role in developing benchmarking system for the industry players (more than 9 main players listed with the Saudi stock market) and scrutinized the group financial performance.
    Supported in creating business & strategic plans as well as ensured communication of the strategy throughout the organization and monitored corrective actions of budget variance with companies.
    Devised the department policies, processes and procedures to ensure all relevant procedural / legislative requirements are fulfilled.Controlled all Saudi Industrial Development Fund SIDF relation including negotiation for term loan (more than SAR 1.4 billions) as well as monitored the working capital cycle of all companies
Chief Financial Officer
Obeikan Printing & Packaging Group OPP
Full Time Nov-2008 To Dec-2011 3 years 1 month
Responsibilities
  • OPP Group had 7 manufacturing companies five of them located in Saudi Arabia, other one in Lebanon and the last one in Spain along with a total turnover of the group is SAR 700 m. Total capital expenditure during the above years was SAR 250 m.
    My roll was cemented healthy banking relationships and involved in the Saudi Industrial Development Fund - SIDF.
    Offered hands-on support and developed innovative ideas to enhance revenue & bottom line growth.
    Maintained the balance between revenue growth and profitability in situations of pressure on slowing down of sales growth, capacity underutilization, etc..
    Implemented strong strategy and vision for the Business Group as well as stellar in delivering a group wide annual budget and 5 year financial planning, budgeting, forecasting and reporting process.
    Ascertained external financial reporting and compliance with regulations by liaising with statutory auditors to address audit issues.
Financial & Administration Manager
at Iqarat Misr ( Real Estate Co.)
Full Time Nov-2005 To Oct-2008 2 years 11 months
Responsibilities
  • Distinction of being a member of the management committee, assisting the executive committee in drawing the strategies of investments and management of alternative investments.
    Steered all aspects of corporate financial business processes in compliance with applicable laws & regulations as well as involved in conducting statutory audit & internal audit.
    Stellar in implementing policies of granted credits and adhered to the compliance with the policies.
    Handled the cash management program to ensure an adequate working capital and return on cash balances addressing the investment needs as well as managing the negotiation with bank for term loan & cash credit.
    Mapped the business plan, budget as well as monitored the variance & budgetary control.
    Carried out credit analysis for credit granting and followed up collections by means of periodic reports.
    Worked on creating project reports as well as ensured effective manpower utilization matrix and maintained the overhead costs.
Financial Manager
at Gulf Arab Investment Co. (GAIC) and it's Subsidiaries
Full Time May-2003 To Nov-2005 2 years 6 months
Responsibilities
  • Supported the top management in developing detailed business plan for its significant subsidiaries, namely, International Company for Food Industry and Meatland.
    Stellar in creating management monitoring reporting systems for these subsidiaries.
    Supervised the immigration from local accounting packages to ORACLE and developed various management monitoring programs & reports.
    Instrumentally involved in finalization of books of accounts, performing statutory audit & internal audit, cash management of these Subsidiaries during the turn-around periods.
    Played a vital role in streamlining the costing and internal control procedures.
Accounting Manager
United Neutral Glass
Full Time Dec-2001 To Apr-2003 1 year 4 months
Responsibilities
  • Played a vital role in developing the accounting and management reporting system.
    Contributed in implementing the ORACLE system and related supporting policies and procedures.
    Handled all accounting and reporting functions as well as tax issues.
    Instrumentally involved in conducting complete analysis / review of the existing product costing periodically.
    Streamlined the internal business processes as well as ensured evaluating the project tracking, profitability matrix & product costing.
    Maintained a healthy relation and reporting with government authorities & banks.
    Stellar in establishing operational budgeting system, this is considered by the company’s top management to be highly accurate & informative.
Section Head - Management - Accounting Officer
National Bank of Oman
Full Time Sep-2000 To Dec-2001 1 year 3 months
Responsibilities
  • Mapped the monthly, quarterly & annual reports to both head office at Oman and locally to the CBE.
    Supported the CFO in various treasury functions, management control functions and setting internal control procedures and practices.
    Instrumentally involved in finalization of books of accounts, facilitating internal audit, mapping budget and monitoring variance.
    Ensured the preparation of MIS reporting and set up an audit trail for the complete accounting.
    Stellar in reconciling the accounting ledgers and verified that head office costs are allocated accurately.
Head of Management Information Services
Ernst & Young
Full Time Dec-1998 To Aug-2000 1 year 8 months
Responsibilities
  • Actively took part in creating feasibility studies, information memorandums and valuations.
    Spearheaded a team of 7 Accountants in order to deliver the accounting services with excellence to over 22 international clients operating in Egypt.
    Played a vital role in offering service in the area of taxes and finance as well as restructuring if needed.
Audit Manager
Independent Accountant
Full Time Dec-1995 To Aug-1998 2 years 8 months
Responsibilities
  • Stellar in designing audit strategy, executing financial audits as well as evaluating accounting systems and internal controls.
    Carried out regulatory & compliance auditing and involved in consulting for over 14 various corporate groups.
    Instrumentally involved in establishing the financial systems for over 8 companies.
    Contributed in developing 6 companies and presented various companies for tax examination
Education
Other, Accountancy
Ain Shams UniversityAin Shams University
1990-1995
Extra-Curricular Interests
  • Fishing

  • Walking

  • all indoors game

Profile Snapshot
Waleed is based out of Cairo & has studied Accountancy, Other from Year 1990-1995 in ASU-Ain Shams University, Ain Shams University.
Waleed El Eslamboly is Skilled in Strategic Planning, Benchmarking, Budgeting and other talents.