Samir Nweery, CFO

Samir Nweery

CFO

Unicom Group

Location
Egypt
Education
Master's degree, Banking & Finance
Experience
34 years, 9 Months

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Work Experience

Total years of experience :34 years, 9 Months

CFO at Unicom Group
  • Saudi Arabia - Riyadh
  • My current job since January 2015

UNICOM Group is a leading organization throughout the fields of information Technology, Mobility and Integrated Telecom solutions in offering superior quality innovations, services including: “Cloud & Managed Services, Tracking systems, GIS (Geographic Information Systems), call center and smart phones distribution”.
Unicom group covers ( KSA - Egypt - Jordan - Yemen - Dubai - Sudan - China )
Role and Duties:
• Providing direction and leadership to the Finance team of the group.
• Overseeing the financial and regulatory requirements related to the new contractual services and products.
• Provisioning of high quality financial information to the Board, sub committees, executives.
• Oversighting of treasury activity and management of funds and investments.
• Responsible for financial resources including capital management strategy.
• Driving and delivering a robust annual business plan process and agree budgets.
• Ensuring robust financial systems, controls and processes.
• Leading the corporate growth strategy from a financial perspective.
• Preparing consolidated annual report and accounts of the subsidiaries.
Achievements (individual & collective):
• Restructured the Group’s companies “organization chart for Head quarter and subsidiaries”
• Developed Group financial policies & procedures and reporting Matrix.
• Successfully had an agreement with APPLE as an Authorized reseller for All Apple products in KSA, UAE and Egypt.
• KSA branch has Been Ranked 2016 No. 2 distributor in the KSA as the turnover of iPhone sales reached SAR 250 Million.
• Developed a Van Sales Team with more than 50 vans covering all KSA regions.
• Expanded the retail business in 2016 with twelve shops in KSA regions for smart phones and electronics.
• Successfully finalized acquisitions of three companies “Merger & acquisition ‘through due diligence.

CFO at EgyCamp Group
  • Egypt - Cairo
  • January 2014 to December 2014

EGYCAMP Group is a leading organization Servicing Oil and Gas sector through the following companies:
1- EGYCAMP manufacturing of Camps (Caravans and Tanks) for Oil & Gas sector
2- Sinai for petroleum Services (manufacturing of Mud logging systems, Well test Packages, Coil tubing
3- Apetco Petroleum Services (Egypt & Libya)
4- International Petroleum Service (IPS) (trading company for Tools and Equipment)
Recruited to oversee all financial reporting, budgeting, consolidation, general accounting, credit and collateral, procurement-related financial business cases, vendor proposal evaluations, and divisional finance. Managed financial aspects of corporate planning process for major ventures, and new services. Renewed focus on operating results leading to subsequent reductions in project costs by implementing new project accounting system, standard monthly reports, and project reviews.

Managing Director at ATCME
  • Egypt - Cairo
  • January 2010 to December 2013

Key Achievements:
• Restructured the company (different teams with defined roles and responsibilities).
• Built a very good reputation among Telecom & IT Market in Egypt.
• Built a very strong Technical team specialized in designing, installing, commissioning and maintaining Data Centers
• Penetrated new markets such as the military, petroleum and Educational market.
• Established Strategic agreements with foreign vendors as a Business Partners to Develop and position their products in the Egyptian market with a good credit facilities boosting company cash flow.
• Maximized Company financial resources through Banks credit facilities and suppliers facilities.

Finance Director at Hiteknofal
  • Egypt - Cairo
  • August 1989 to December 2009

HitekNOFAL is a leading provider of integrated communication network solutions “Trading, Manufacturing, Contracting, services and retail business. HiteknoFal submits solutions for the ICT, General Contracting, Government, Defense & Security, Oil & Gas, and the Industrial Sector.
Specialized in Data Centers, Security Solutions, Harness manufacturing, Communication network mechanical & heat shrinkable closure and Fiber Optic Cables manufacturing.
During my accumulated experience over 20 years, started in mid1989 with High Technology Systems “HiTeknoFal “
Have participated in the following achievements:
• Company restructuring and development (different teams with defined roles and responsibilities).
• Creation of the organization chart with a clear reporting system (vertical & horizontal).
• Company got ISO 9001 Certificate in 1997.
• Capital raised from L.E 20000 in 1989 to L.E 20 Million in 2008.
• Restructuring and increasing banks credit facilities to meet company expansion.
• Building a very good reputation with all stack-holders in Egypt.
• Widen company customer base by Penetrating new markets such as the Military, Oil & Gas and ICT market.
• Company turnover increased from L.E 500K in 1989 to L.E 60 Million in 2009.
• Company headcount increased from 7 employees in 1989 to 275 in 2009.
High Technology Systems LLC “ HiTeknoFal “ Finance Manager January 1996 - December 1996
High Technology Systems LLC “ HiTeknoFal “ Chief Accountant January 1993 - December 1995
High Technology Systems LLC “ HiTeknoFal “ Senior Accountant January 1991 - December 1992
High Technology Systems LLC “ HiTeknoFal “ Accountant August 1989 - December 1991

Education

Master's degree, Banking & Finance
  • at Arab Academey for Scince ,Technology and Matitime transport
  • November 2010

MBA in Banking & Finance Arab academy for Science , Technology and maritime Degree : Excellent GPA : 3.77 / 4

Bachelor's degree, Accounting
  • at Cairo university
  • June 1988

Bachelor Degree in Accountancy Cairo University, EGYPT

Specialties & Skills

Change Management
Organizational Development
Budgeting
Cash Flow Management
Financial Planning
team builder
leadership
tough negotiator
Budgeting
Financial Management and Reporting
Cash Flow Management
Banks Credit Facilities
Change Management
Organizational Development
Excellent Chart of accounts designer

Languages

Arabic
Expert
English
Expert

Training and Certifications

First certificate in English " FCE" (Certificate)
Date Attended:
June 1990
Valid Until:
December 1993

Hobbies

  • playing Chess
  • reading
  • Cosmic Energy Healer