Ahmed Mahmoud Abd El-Aty
Egypt, Cairo, 6th October City
Phone: +2 011 22 999 726 – 0100 6462 080
Email: ahmed_a_aty39@yahoo.com
CAREER OBJECTIVE
A management professional completed CMA & MIBA and 24+ years of proven track record in providing Planning, Budgeting, Financial
Analysis, Maintenance of policies and procedures, Developing accounting & costing systems, banking and cash flow management
across various sectors were including Middle East & Egypt. Seeking a challenging position with a reputed organization to utilize
acquired skills in making tangible contributions to the whole financial situation and position.
SKILLS
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CMA – Certified Management Accountant
MIBA – Master of International Business Administration.
Excellent command of English language (reading, speaking & writing).
Expert MS-Office, MS-Project user, ORACLE ERP Financial user & JD-Edwards ERP user
Communication & Interpersonal, Analytical & Creative Problem Solving.
Leadership, Group Dynamics, Supervisory & Management Skills, Prioritizing, Time Management.
Professional Experience.
Asfour Crystal S.A.E.,
Costing & Budgeting Departments Manager & Deputy CFO
October 2010 - Present
The organization is the biggest worldwide Designer & manufacturer of High quality chandeliers crystal parts (Trimmings), Crystal
Fashion components (used as decorative components in jewelry & fashion industries), lighting Collection (Chandeliers, Wall Brackets ,
Plafoniers , Table lamps , Floor Lamps , Lanterns and spotlights with crystal ornaments ) Also special designed chandeliers of various
sizes and models, Crystal figurines and 3d laser Gifts, Imitated jewelry & all its machinery & equipment required for the production line.
Its manpower reaches 32000 employee, More than 95% of its sales are export to the whole world. Its competitive advantage the cost
leadership worldwide.
Achievements:
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Build strong reporting system.
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Great communication for such reports whether on costing or budgeting to all levels reaching the line supervisors.
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Great support for decision making.
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Improve the productivity and the production costs using the detailed analysis costing reports.
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Building new software for facilitate the departments efficiency.
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Huge increase on the costing awareness among the whole company.
Responsibilities:
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Perform and supervise month-end cost accounting duties
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Perform and supervise month-end Budgets reports & duties
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Challenge cost, yield and usage standards
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Accurately and properly value production and inventory in accordance with company policies, IFRS and local accounting
standards
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Recommend and establish basis of cost allocation across plants, subsidiaries and different products
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Set product standard costs, analyzing changes, ensuring standard costs are reasonable and competitive
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Analyze, monitor and prepare commentaries on production and purchase price variances, incorporating significant events /
variances into the Accounting System
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Ensure accurate cost data generated by the enterprise resource planning system (ERP).
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Manage internal controls over inventory accounting system
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Provide cost accounting advice to Operations and Materials Management, ensuring production variances are properly
controlled and addressed
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Review inventory reports as well as track, monitor and provide timely reports of abnormalities of actual production activities
versus plan and budget.
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Prepare cost estimates for new products, supporting Operations personnel in production cost control measures
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Prepare and actively participate in Operating Plans and periodic financial forecasts
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Prepare five years business plans for each subsidiary alone and a consolidated business plan for the group complete.
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Recruit, train, supervise, and evaluate department staff.
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Provide Budgeting & Cost accounting policy orientation for new staff.
Ahmed Mahmoud Abd El-Aty
Egypt, Cairo, 6th October City
El-Sewedy Electrometer – Egypt S.A.E.,
Chief Financial Officer - CFO
Phone: +2 011 22 999 726 – 0100 6462 080
Email: ahmed_a_aty39@yahoo.com
September 2007- October 2010
The organization is the pioneer Electrometer Designer & manufacturer in Egypt & Middle East, has in addition to the Egyptian factory 7
other factories worldwide, Ghana, Zambia, Ethiopia, Brazil, Mexico, India & Czech Republic in addition to commercial branch in China.
It considered one of the greatest player in Africa, More than 90% of its sales are export to the different countries including its factories
worldwide and other countries as well.
Achievements:
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Build Complete Accounting, Costing, Cash flow procedures and regulations.
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Build the company’s rules and regulations & financial rights and responsibilities.
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Implement JD-Edward ERP system, during the implementation process, implements small accounting system to serve till the
final implementation of the ERP (Peachtree).
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Build the controls and asset safeguard process and procedures.
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Build very wide banking network, and the ability to gain a very competitive pricing for the credit facilities and open several new
credit facilities with more than 6 banks.
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Being in the process of IPO & PE as a buyer and seller for three times.
Responsibilities:
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Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include
budgeting, tax planning, real estate, and conservation of assets.
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Recommend benchmarks for measuring the financial and operating performance of divisions and departments.
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Manage the preparation of financial outlooks and financial forecasts.
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Approve and coordinate changes and improvements in automated financial and management information systems for the
company.
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Ensure compliance with local budgetary reporting requirements.
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Prepare financial analysis for contract negotiations and product investment decisions.
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Work with department managers and corporate staff to develop five year and ten year business plans for the company.
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Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
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Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and
objectives.
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Serve on planning and policy-making committees.
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Serve as primary legislative liaison relative to company financial issues.
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Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
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Direct financial audits and provide recommendations for procedural improvements.
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Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass
salary updates, ledger, and account maintenance and data entry.
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Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.
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Develop and implement finance, accounting, billing, and auditing procedures.
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Establish and maintain appropriate internal control safeguards.
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Interact with other managers to provide consultative support to planning initiatives through financial and management
information analyses, reports, and recommendations.
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Ensure records systems are maintained in accordance with generally accepted auditing standards.
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Develop and direct the implementation of strategic business and/or operational plans, projects, programs, and systems.
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Assist in obtaining the necessary licenses and insurance required to start a business.
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Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential
weak areas.
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Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.
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Oversee financial management of foreign operations to include developing financial and budget policies and procedures.
IDACO Company, Automotive feeding industry
Financial Manager.
Nov. 1997 – Sep. 2007
IDACO is the pioneer wiring harness manufacturer in Egypt and middle east located in 6 th October city supplying to most of automotive
manufacturer in Egypt, also supplying to domestic appliances manufacturer too. They are also on of only four companies on the
automotive feeding industry in general approved by WV Germany, and the only company starting supplying WV.
Achievements:
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Build Complete Accounting, Costing, Cash flow procedures and regulations from scratch.
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Implement ORACLE ERP system in complete including MRP. Before ORACLE implement MAPICS ERP under AS400
environment.
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Build complete system to control the cost of imported material and logistics.
Ahmed Mahmoud Abd El-Aty
Egypt, Cairo, 6th October City
Phone: +2 011 22 999 726 – 0100 6462 080
Email: ahmed_a_aty39@yahoo.com
Responsibilities:

Create, coordinate, and evaluate the financial programs and supporting information systems of the company to include
budgeting, tax planning, real estate, and conservation of assets.

Manage the preparation of financial outlooks and financial forecasts.

Approve and coordinate changes and improvements in automated financial and management information systems for the
company.

Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures.

Design, establish, and maintain an organizational structure and staffing to effectively accomplish the department's goals and
objectives.

Serve on planning and policy-making committees.

Serve as primary legislative liaison relative to company financial issues.

Oversee financial management of foreign operations to include developing financial and budget policies and procedures.

Oversee the approval and processing of revenue, expenditure, and position control documents, department budgets, mass
salary updates, ledger, and account maintenance and data entry.

Coordinate the preparation of financial statements, financial reports, special analyses, and information reports.

Develop and implement finance, accounting, billing, and auditing procedures.

Establish and maintain appropriate internal control safeguards.
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Ensure records systems are maintained in accordance with generally accepted auditing standards.
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Analyze cash flow, cost controls, and expenses to guide business leaders. Analyze financial statements to pinpoint potential
weak areas.
Arab Saudi Co. for Poultry Production
Feb. 1992 – July 1997
Senior Accountant, L/C Department executive and computer supervisor and programmer
Arab Saudi Co. for Poultry Production, located in Buraydah, Kingdom of Saudi Arabia, on of the companies emerging from Arab Co. for
Livestock Development (ACOLID), emerging from The League of Arab States. This company was producing poultry starting from
mothers, hatchery, meet farms, slaughter house, feed factory, frozen and chilled stores.
Achievements:
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Smoothen all raw material, components, machinery and equipments including one-day-old live checks flow and on time
delivery without any single problem or demurrages for all my working period (about 6 years).
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Implement the accounting system from scratch and responsible for any technical or reporting issue.
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Supervising and administrate the network system, it was Novel at that time.
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Programmer for small programs like payroll, time attendance, and others. (In COBOL language at that time).
Responsibilities:
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L/C department executive.
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The head of the purchasing committee.
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Dealing with all import suppliers starting from request of quotation, negotiations, technical verifications, till placing orders.
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Following-up all financial issues related to opening the required L/C’s and any other payment methods and following all
required documentations.
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Following-up with the suppliers to ensure on time delivery.
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Following-up with the logistic and clearing company to ensure on time clearing to avoid any demurrages.
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Prepare all accounting entries and transactions related to purchases and identify the cost of each item and component
purchased.
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Implementing the accounting system and supervise the system and reporting.
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Member of the closing committee responsible for preparing all financial reports (interim and annual).
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Network administrator, it was Novel at that time.
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Programmer for small programs.
ZAS Airline of EGYPT
Accountant and Computer Operator at foreign stations Accounting Department
Dec. 1989 – Jan. 1992
ZAS airline of Egypt was the first privet sector airline company in Egypt, it was started as cargo airline at first and then expanded to
become passenger airline too. It was have about ten stations on different countries worldwide, in USA, Europe, Asia & Africa. It was
have many regular scheduled flights and also charter flights.
Achievements:
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Preparing all financial statements and reporting for about 5 stations from entry preparation, booking, trial balances & analysis,
Balance sheet and income statements, … etc.
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Being main member in the consolidation committee responsible for the preparation of all consolidated financial statements and
reports for the company as whole.
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The financial representative of the company in front of BSP & IATA.
Ahmed Mahmoud Abd El-Aty
Egypt, Cairo, 6th October City
Phone: +2 011 22 999 726 – 0100 6462 080
Email: ahmed_a_aty39@yahoo.com
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Making the financial reports for the joint venture between ZAS airline and Sudan airlines, by calculating the dues of each
company based on prorate of the tickets was served between the both companies.
Responsibilities:
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Accounting and book keeping for five foreign stations.
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Preparing all financial reports and statements for these stations..
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Member on the consolidation committee of all financial reports and statements of the company as a whole.
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Preparing all the analysis required and insure the correctness of the payable and receivable balance to safeguard the
company’s assets.
Mohammed Gamal El-Dien Ahmed Shawarah’s Accounting Office
Accountant and Auditor
Jan. 1988 – Nov. 1989
This was an external audit and accounting office, it was small office at that time, that’s why I was responsible for several customers
accounting system from scratch starting from collecting all related documents, preparing the related accounting entries till we reach all
the financial reports and statements and the tax reports, and finalizing all tax audits with the tax authorities. I was also auditor for some
other customers who were preparing their financial statements.
EDUCATION
ESLSCA University, France, Egypt branch, Egypt
Master’s Degree in International Business Administration - MIBA
(January) 2012
Institute of Management Accountant, USA
CMA (Certified Management Accountant)
(June) 2009
Ain Shams University, Egypt
Bachelor’s Degree in Commerce (Major Accounting)
(May) 1987
As-Salam College (Language School), Egypt
Prep., Prim. & Sec. language school (Major Math)
(May) 1983
Key Courses and Certifications:
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2010: Graduated from LEP (Logic Executive Program) LEP 10
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2009: Six sigma green belt course.
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2009: I achieved the grade 557 on TOEFL test.
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2000: ISO 9002 & QS 9000 Quality System, Quality System Audits & Quality System Auditors at QEG.
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1987: Applied accounting from “A.U.C.” the American University in Cairo with final grade “A” score 100%.
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1987 up till now: Many other Training and Business Trips in Japan, South Korea, Singapore, Turkey, France, Sudan, UAE
and others.
LANGUAGES SKILLS
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Arabic and English (Expert)
PERSONAL INFORMATION
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Birth Date (DD/MM/YYYY): 23/01/1966
Gender: Male
Nationality: Egyptian
Residence Location: 6th of October city, Egypt.
Marital Status: Married.