Ibrahim Magdy Ibrahim

7 Khalid Ebn El Waleed St. from 9 St., Maadi, Cairo, Egypt

Cell phone: 01141289999

Home phone: 02 23793747

E-mail Address: Ibrahem.magdy@gmail.com

Objective:

Seeking a career opportunity related to the Finance and Cash Management field in a

professional and reputable multinational organization where my skills and experience

would be fully utilized and developed.

Educational Background:

● Helwan University.

● Faculty of Commerce.

● From: 2004 to 2008. ● Bachelor of Commerce, Accounting major. ● Department: Accounting. ● Grade Good.

Courses:-

Certified Treasury Professional (CTP)

From The American Chamber Of Commerce - Egypt.

Certified Management Accountants (CMA)

From The Institute Of Professional Accountants (IPA).

Trade Finance (LC & LG) Certificate

From The Egyptian Banking Institute (EBI).

Microsoft Dynamics AX ERP System

From Technology Universe Company – Microsoft Business Partner.

IFRS Certificate (International Financial Reporting Standards – 2016 Updates)

From ESLSCA Business School in Egypt.

ORACLE E-Business Suite – Financial & Operational Modules Certificate

From Oracle University in Egypt (Next Academy).

Achievements:-

● Implement and running Microsoft Dynamics AX(Seoudi Investment Group

Subsidiaries)

✓ Implementation of Microsoft Dynamics AX for 8 subsidiary companies

from Seoudi Investment Group.

✓ Full supervision for the implementation process between the

companies and the Microsoft Consultant Team.

✓ Coordinate between related departments and finance department.

● Implement and running Oracle application (AT Lease Company)

✓ Converting the manual records (AR records and AP records) from excel

sheets for the year 2012, 2013 and 2014 into the oracle application and

made the full reconciliation between them.

✓ Setting up reports from Oracle application such as:-

▪ Overdue Report, Outstanding Balances for the customers,

the Credit balances for the customers, cash management

reports and Trial Balance reconciled with manual TB.

✓ Coordinate with the Oracle Consultant in preparing the new Chart of

Accounts.

● Invented new application for the Warehouse which organize the quantity

and the costs of the items (In & Out Company for Furniture)

Work experience;

Seoudi Investment Group (Holding Company for 27 Subsidiary Company)

April 2015 – Present

Position: Financial Analysis, Planning & Reporting Manager

Reports to: Group CFO

✓ Directs and oversees the consolidation and preparation of all periodic financial

reporting for SIG.

✓ Cooperate with executive management, to run the annual budgets process, long

term planning process and monthly rolling-up forecast.

✓ Overseas the auditing, control and governance functions.

✓ Manages the organization’s capital expenditure budgeting process, including

project approval, project costs, cash flow and return on investment.

✓ In conjunction with all company departments, provide guidance to ensure

working capital metrics are measured, achieved and control the cash flow

activities.

✓ Manage day to day operations of financial controllers and accounting

departments.

✓ Design, establish, and maintain the finance org. structure.

✓ Reconcile the bank accounts for the company on a daily basis.

✓ Complete all required reports for the corporate office on a regular basis.

✓ Preparing monthly financial reporting package and financial statements for each

subsidiaries.

✓ Reviewing all financial statements and ledgers, and work with the Controller's

accounting staff at each location to clear up any discrepancies.

✓ Oversee the preparation of all taxes and filing forms with the government.

✓ Meeting with the department managers regularly to go over business matters

and develop plans to increase profitability.

✓ Cross trained in all accounting positions.

✓ Forecast daily cash requirements and execute daily financing decisions.

✓ Manage long-term and short-term investment strategies.

✓ Determine the Company’s goals and risk tolerance.

✓ Determine the Company’s tax position and the applicability of taxable/non-

taxable instruments.

✓ Prepare or monitor company’s various cash flow forecasts and perform financial

modeling.

✓ Manage relationships with financial service providers.

✓ Conduct benchmark studies of banks and their services to evaluate whether it

fits SIG's requirements.

✓ Meet with cash management banks to plan cash management vs. SIG’s needs.

✓ Evaluate alternative long-term borrowing strategies and make recommendations

in accordance with the capital structure guidelines.

✓ Manage, direct, and develop Cash Management staff.

ALTawfeek Leasing Egypt (A Member of Dallah Al - Baraka Group)

May 2013 – March 2015

Position: AR / Treasury – Assistant Manager

Reports to: Chief Accounting Officer

➢ Manage daily cash management, cash forecasting and cash investment activity.

➢ Prepare all accounting transactions related to AR, AP and Cash transaction.

➢ Review and adjust the monthly AR, AP and banks trial balance

➢ Assigning fund to each leasing contract to ensure maximum profitability and to

manage company risk in terms of liquidity.

➢ Follow-up all collection process and running the overdue report on daily basis.

➢ Prepare the daily cash position report and availability of funds.

➢ Prepare journal entries for the collected items on weekly basis.

➢ Reviewing all types of documents issued by the Operations Department.

➢ Reviewing and applying the corridor rates to actually executed contracts.

➢ Following up and responding to all types of customer queries regarding (signing

contracts, P/Ns, acceptance certificates, delegations, invoices, insurance

policies, claims and general information requests.

➢ Responsible for the CBE monthly report.

➢ Responsible for the Monthly MIS reporting to senior management.

➢ Responsible for the Cash Flow, Assets & liabilities reporting to senior

management.

Orix Leasing Egypt S.A.E (Member of Orix International Institution)

April 2011 – April 2013

Position: AR / Treasury Senior Officer

Reports to: Head of Finance and Accounts

➢ Responsible for daily reporting of cash positions and reconciliation to the GL

➢ Assist in month-end closing for Treasury / Investment related entries.

➢ Prepare Monthly Bank reconciliation.

➢ Responsible for all collection process from the clients through Chqs or Cash

deposits in bank accounts (16 Bank account) and reporting for the clients past

dues on daily basis.

➢ Prepare the daily Chqs will be sent for the collection process in the banks.

➢ Follow up the Chqs collection & rejections.

➢ Preparing daily liquidity report.

➢ Bank relationship administration, Investing & borrowing funds when needed.

➢ Monitoring cash availability in our bank accounts and the usage of it. Manages.

➢ Oversees daily management of cash and debt.

Egyptian Company for Furniture (In & Out)

July 2008- April 2011

Position: Cost Accountant

Reports to: Chief Accountant

➢ Responsible for Expenses Analysis for both Overhead & Operation Expenses

Daily.

➢ Follow up of Stores & Head office Cash Outflows & Bank Deposits.

➢ Preparing needful Expenses Entries considering each Expense allocation.

➢ Reviewing Custody Entries for Financial, Purchase & Warehouse Departments.

➢ Preparing Monthly Expenses Analysis Reports for all Stores & Department.

➢ Conduct ongoing process constraint analyses.

➢ Report on breakeven points by products, work centers, and factories.

➢ Report on margins by product and division.

➢ Report on periodic variances and their causes, focusing in particular on

spending variances.

➢ Analyze capital budgeting requests.

➢ Perform cost accumulation tasks as a member of the target costing group.

➢ Coordinate physical inventory counts and cycle counts.

➢ Investigate cycle counting variances and resolve issues.

➢ Validate the cost of goods sold as part of the month-end close.

Egyptian Company for Furniture (In & Out)

Position: AR Accountant

Reports to: Chief Accountant

Egyptian Company for Furniture (In & Out)

Position: AP Accountant

Reports to: Chief Accountant

Egyptian Company for Furniture (In & Out)

Position: Data Operator

Reports to: Warehouse General Manager

ICONS Company for Networking Solutions

Sep 2007 - April 2008

Position: IT specialist

Reports to: IT Manager

GO COMPUTE Company

July 2006 - August 2007

Position: IT specialist

Reports to: IT Manager

Computer Skills:

● Excellent in All Microsoft Office Applications. ● Excellent in handling the daily systematic Errors. ● Excellent in Surfing & Searching on the internet. ● Excellent in Oracle, AX Microsoft and most of ERP Systems.

Spoken languages:

● Arabic: Mother Tongue. ● English: Very Good

Interests:

● Watching Football Match. ● Traveling.

Personal Information:

● Date of Birth: 22nd September 1987. ● Marital Status: Single. ● Military Service Status: Exempted. ● Nationality: Egyptian.