Ahmed Mohsen

Samih Sawiris founded El Gouna Beverages in April 1999 as a subsidiary of Orascom Development Holding to be Egypt's first independent privately-owned wine and beer maker, with a mission to produce alcoholic and non-alcoholic products to supply the market with quality products. (Local, Tourism, and Export).
Responsibilities
• Maintain accurate financial statements and reports
• Ensure compliance with internal financial and accounting policies
• Oversee all payroll functions
• Effectively maintain all financial records
• Make sound investment decisions to increase the company’s financial portfolio
• Prepare and outline complex models in simple terms that others can work with
• Monitor the performance of investments including creating reports using business software
• Analyze trends to reduce financial risks associated with making an investment or spending decisions
• Monitor, Follow-up & supervise fiscal and investment regulations concerning government requirements
• Create usable budgets for the business, including evaluating the needs of each department in the short & long term
• Offer advice to the CFO and CEO regarding spending and budget questions
• Participated in the process of selecting new and experienced hires in the finance areas, including giving directions and delivering periodical evaluations.

El Marghany Group is one of the leading investment groups in the food and retail sector across the Middle East& Africa.
United Food Industries is one company among other companies owned by El Marghany Group.
In 1985, a new business was established. It was engaged in imports and exports and focused on importing grains and sugar to overcome the Egyptian market shortage of these products. This business has been running for 10 years through which El Marghany gained a good experience and reputation within the Egyptian market.
United Concentrates Industries (UCI) is one company among other companies owned by - El Marghany Group. This group started its business in 1964 in various fields one of them being the food industry sector. UCI had been established in 2010, and the high production standards & distinguished quality had led to rapid growth and expansion of our products in both the local and export markets

Responsibilities
Budget and Cost Control:
• Assist in monitoring the allocated budgets for the Company to ensure compliance and highlight possible issues
• Provide inputs on the preparation of the budget when necessary
• Provide inputs on cost reduction measures to be implemented
• Risk Management and Insurance Coverage
• Ensure proper and adequate insurance coverage
• Ensure that financial aspects of the contracts are adhered to and are renewed promptly.
Internal Control and Audit:
• Ensure alignment of procedures developed by the Finance function
• Guarantee that the fixed asset register is properly maintained
• Ensure that payroll is processed accurately and timely
• Control suppliers’ payment terms
• Monitor stock-check, Slow moving stock, receiving controls, and analyze results.
• Perform audits to minimize cash flow risks, and prepare corrective actions and proposals for improvement.
• Ensure the strict implementation of Internal Audit recommendations
• Review, develop and implement the financial strategy that supports the company’s corporate and business strategies
• Enforce the strict implementation of approved financial policies and procedures across the company.
Reporting:
• Oversee the preparation of store performance analysis by Department/Section
• Prepare business presentations and reports for stakeholders periodically and HOC basis when required
• Provide a summary of asset information to the management regularly
• Monthly financial closing (budgetary control, P&L, Balance Sheet, and Cash Flow)
• Monthly forecast
• Annual budget
• Store turnover
• Cash flow

New Pressdan is a fast-growing Egyptian packaging material producer, it’s a joint venation company founded in 2005 with 100% Egyptian capital. It is located in the 10th of Ramadan industrial city over an area of 7000 Square meters. It is the younger sister of the housing development of printing and publishing "Pressdan" which was founded in 1982.

Responsibilities: -
• Design / improve cost management processes and use appropriate costing methodologies to recognize, determine, accumulate, and report costs.
• Analyze expenses and cost transactions; ensure that transactions are recorded accurately and assigned to the appropriate projects and departments and maintain files relating to the cost accounting system
• Validate the cost of sales as part of the month-end close.
• Analyze, examine, and interpret accounting data, records, and reports to determine past costs, identify improperly recorded costs, and reallocated the cost to ensure they are recorded in the appropriate cost structure.
• Collect relevant data for cost allocation basis from different departments monthly.
• Oversee expenditure and identify trends in spending
• Assist in the development of the company's overall budget document, and at the departmental level, providing advice and analysis to increase the efficiency of the company's spending.
• Design, Improve, and Conduct various surveys, research, data analysis, cost-benefit analyses, and expenditure and revenue forecasting.
• Oversee and compare departmental actual expenditures to the original budget and gather the explanations for variances.
• Calculate product costs for existing and new products, Prepare report analysis on breakeven points by products.
• Explain and defend recommendations to management and stakeholders

EgySwiss Holding Company has been established in 1998, and inaugurated its strong existence in the Egyptian market in 2002 through the alliance of the long experiences, efforts, and thoughts of experts in Catering, Finance, and Meat processing, EgySwiss Food Company started the first factory specialized in producing high-quality processed meat and poultry products.

The factory started with a semi-automated operation with a capacity to produce small batches, yet high volumes with different recipes tailored to every client’s needs, from 5-Star Hotels and Airlines to Catering companies and restaurants.

The Group is comprised of four separate legal entities, namely:
1. EgySwiss Food Company (“EFC”): Produces processed meat and poultry products
2. Egyptian Company for Food Industries & Cooling (“ECFC”): Produces processed fish products
3. Egyptian Company for Investment & Slaughter Houses (“EIS”): Engaged in the slaughtering, freezing, cooling, and processing of poultry
4. EgySwiss Trading Company (“ETC”): Acts as an importer and distributor of meat, poultry, and fish raw materials




Responsibilities
• Prepare, and analyze the monthly cost variance analysis and send the report to the management with detailed analysis and commentary.
• plan, Study, and collect data to determine costs of business activity such as raw material purchases, inventory, and labor.
• Prepare and lead the monthly inventory meeting to review RM & WIP Slob with the procurement & operation team
• Support in the annual budget planning & quarterly forecasts
• Lead the physical count process for WIP, FG, and fixed assets
• Review BS accounts on monthly basis (inventory & accruals & others)
• Deal with internal & external auditors for the annual audit review
• Review bank reconciliation, payment process & payable accounts
• Review the Capex process (approvals, payment, depreciation)
• Analyze data collected and record results
• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on cost
• Analyze actual manufacturing costs and prepare periodic reports comparing standard costs to actual production costs
• Record cost information for use in controlling expenditures
• Analyze audits of costs and prepare reports
• Making estimates of new and proposed product costs
• Provide management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Maintain Cost Accounting System
• Assist in Month end close of the General Ledger
• Conduct physical inventories and monitor cycle count program
• Reconcile finished goods inventories

Medstar Group, one of the leaders in the plastic manufacturing world in the Middle East; has been in the plastic manufacturing field since 1976, They have 3 large factories that operate several product lines; houseware, catering, kitchen, and cleaning tools.

Responsibilities
• Manage all accounts and incoming payments and ensure their compliance with financial regulations
• Create and manage bills, invoices, and bank deposits
• Enter all Service Provider invoices into SCALA ERP System after checking with company logistic records of each transaction and after receiving approved purchase orders
• Organize all kinds of financial transactions, such as daily classifying, computing, posting, recording, and verifying accounts receivables' data.
• Review the accounts receivable ledger making sure all payments are accounted for and properly posted
• Take measures to ensure payment of invoices such as sending bill reminders and contacting customers
• Detect problems with clients' billing issues and help to resolve them
• Prepare detailed financial statements and reports about accounts receivable status and present them to the company's executives and senior managers