Mahmoud Abdelnasser Hussien

Ensured Compliance and Accuracy

Ensured audits complied with firm methodology and international auditing standards during the role as Senior External Auditor at Elite House Auditing.

Improved Procurement Strategies

Developed and implemented procurement strategies to ensure timely and cost-effective acquisition of materials, equipment, and services at Team Mix for Ready Mix Concrete.

Zawaya Design Aluminum & Glass Factory | Full-time | UMQ, United Arab Emirates

• Strategic Financial Planning and Analysis: o Develop and execute financial strategies aligned with the company's goals, focusing on maximizing profitability and sustainability. o Analyze industry trends, market conditions, and business data to provide actionable financial insights. o Conduct financial forecasting, risk assessments, and scenario analysis to support strategic decision-making. • Budgeting and Cost Control: o Prepare and manage annual budgets, ensuring alignment with operational and strategic priorities. o Monitor and control production costs, including raw materials like aluminum, glass, and wood. o Identify cost-saving opportunities across procurement, manufacturing, and logistics. • Financial Reporting and Compliance: o Deliver accurate financial reports, including income statements, balance sheets, and cash flow statements, adhering to IFRS and local regulations. o Oversee tax compliance, preparing and submitting accurate tax returns to minimize liabilities. o Ensure compliance with internal policies, regulatory requirements, and corporate governance standards. • Cash Flow and Treasury Management: o Manage cash flow to ensure liquidity and funding for ongoing operations and future investments. o Maintain relationships with banks and financial institutions to secure credit lines and favorable terms o Optimize working capital management by streamlining accounts payable and receivable processes. • Internal Controls and Risk Management: o Develop and implement robust internal controls to mitigate financial risks and ensure operational efficiency. o Identify, evaluate, and address potential financial risks, including market volatility and supplier dependency. o Collaborate with internal and external auditors to ensure timely and accurate audits. • Team Leadership and Development: o Lead and mentor the finance team, fostering a culture of continuous improvement and accountability. o Provide training to enhance team capabilities in financial modeling, reporting, and compliance. o Encourage collaboration with production, procurement, and sales teams to align financial practices with business goals. • Operational Collaboration: o Work closely with production managers to optimize manufacturing costs and pricing strategies. o Oversee inventory management, ensuring adequate supply levels without overstocking. o Partner with sales teams to develop pricing models that balance competitiveness and profitability. • Technology and Process Improvement: o Implement and leverage ERP systems to enhance financial reporting accuracy and operational efficiency. o Identify opportunities to automate processes and reduce manual intervention in financial operations. o Stay updated on industry-specific financial tools and technologies for continuous process improvement.

Elite House Auditing | Full-time | Dubai, United Arab Emirates

• Audit Planning and Execution: Developed audit plans, conducted preliminary analysis to identify risk areas and determine audit procedures, and performed financial, compliance, and operational audits. • Financial Analysis and Reporting: Examined financial statements, identified discrepancies, and prepared audit reports. to ensure accuracy, completeness, and compliance with regulatory requirements and international financial reporting standards (IFRS). • Client Engagement: Maintained communication with clients, provided advisory services, and understood clients' operations. • Compliance and Standards: Ensured audits complied with firm methodology and international auditing standards. • Team Collaboration: Supervised junior auditors and coordinated with team members for timely audit completion.

Team Mix for Ready Mix Concrete | Full-time | Egypt

• Audit Planning and Strategy: o Developed and implemented comprehensive internal audit plans to evaluate the effectiveness of internal controls, risk management, and governance processes. o Identified key risk areas within the construction and ready-mix concrete operations and formulated audit strategies accordingly. • Audit Execution: o Conducted detailed audits of financial, operational, and compliance processes, ensuring adherence to company policies and regulatory requirements. o Reviewed and assessed the accuracy and reliability of financial statements, accounting records, and operational reports. • Internal Control Evaluation: o Evaluated the adequacy and effectiveness of internal controls and recommend improvements. o Identified potential areas of risk, inefficiencies, and non-compliance, and provided actionable recommendations to mitigate these risks. • Reporting and Documentation: o Prepared clear, concise, and well-documented audit reports, summarizing findings and recommendations. o Presented audit findings to senior management and the audit committee, ensuring timely communication of significant issues. • Compliance and Standards: o Ensured that audit activities comply with professional standards, internal audit policies, and regulatory requirements. o Stay updated with changes in internal audit standards, construction industry regulations, and best practices. • Team Leadership and Collaboration: o Supervised and mentored junior internal auditors, provided guidance and supported in conducting audits. o Collaborated with various departments, including finance, operations, and procurement, to facilitate the audit process and promote a culture of continuous improvement. • Special Projects and Investigations: o Led special audit projects and investigations as required, including fraud investigations and ad-hoc reviews. o Participated in the development and implementation of new systems, processes, and controls.

Team Mix for Ready Mix Concrete | Full-time | Egypt

• Procurement Planning and Strategy: o Developed and implemented procurement strategies to ensure timely and cost-effective acquisition of materials, equipment, and services. o Collaborated with project managers and other stakeholders to understand procurement needs and requirements. • Supplier Management: o Identified, evaluated, and selected suppliers based on quality, price, and delivery performance. o Negotiated contracts, terms, and conditions with suppliers to secure the best deals and maintain strong supplier relationships. o Monitored supplier performance and resolved any issues related to quality, delivery, or pricing. • Purchase Order Management: o Prepared and processed purchase orders, ensuring accuracy and compliance with company policies. o Track and manage purchase orders from issuance to delivery, ensuring timely receipt of goods and services. o Coordinated with suppliers and internal departments to resolve any discrepancies or delays. • Cost Control and Budget Management: o Monitored and controlled procurement costs, ensuring alignment with budgetary constraints. o Identified opportunities for cost savings and implemented measures to reduce procurement expenses. o Analyzed market trends and conducted cost analysis to support decision-making. • Inventory Management: o Monitored inventory levels and coordinate with warehouse and logistics teams to ensure adequate stock levels. o Implemented inventory control measures to minimize waste and optimize stock turnover. o Conducted regular inventory audits and reconcile discrepancies. • Compliance and Documentation: o Ensured compliance with relevant regulations, standards, and company policies in all procurement activities. o Maintained accurate and up-to-date procurement records, including contracts, purchase orders, and supplier documentation. o Prepared reports and provide insights on procurement activities to senior management. • Vendor Development: o Identified and developed new suppliers to expand the company's supplier base. o Conducted supplier evaluations and audits to ensure adherence to quality standards and ethical practices. • Continuous Improvement: o Identified and implemented process improvements to enhance procurement efficiency and effectiveness. o Stayed up to date with industry trends, market conditions, and best practices in procurement.

Al Taqwa for Quarries Work-Crusher | Full-time | Egypt

• Financial Reporting and Analysis: o Prepared accurate and timely financial statements, including income statements, balance sheets, and cash flow statements. o Conducted detailed financial analysis and provide insights to support decision-making processes. o Ensured compliance with accounting standards and regulations. • Budgeting and Forecasting: o Developed, monitored, and updated budgets and forecasts for the construction and quarry operations. o Analyzed the variances between actual and budgeted figures, providing explanations and recommendations for corrective actions. • Cost Accounting: o Maintained and analyzed cost accounting records for construction projects and quarry operations. o Calculated and allocated costs to various projects and products, ensuring accurate cost tracking and reporting. o Monitored and controlled project costs, identifying cost-saving opportunities. • Accounts Payable and Receivable: o Oversaw accounts payable and receivable processes, ensuring timely and accurate processing of invoices and payments. o Reconciled accounts and resolved discrepancies in a timely manner. • General Ledger and Journal Entries: o Managed general ledger activities, including posting journal entries and maintaining account reconciliations. o Ensured accuracy and completeness of financial data in the accounting system. • Compliance and Audit: o Ensured compliance with internal controls, policies, and procedures. o Assisted with internal and external audits, providing necessary documentation and explanations. o Stayed up to date with changes in accounting regulations and standards. • Financial Planning and Strategy: o Provided financial insights and recommendations to support strategic planning and business development. o Collaborated with management to develop financial strategies for growth and efficiency. • Team Leadership and Collaboration: o Supervised and mentored junior accounting staff, provided guidance and support in their professional development. o Collaborated with other departments, including operations, procurement, and project management, to ensure accurate financial reporting and effective cost control.

Iberotel Lido Sharm Hotel | Full-time | Egypt

• Audit Planning and Execution: Developed audit plans and conducted audits. • Financial Audits: Reviewed financial statements and analyzed financial data. • Operational Audits: Evaluated hotel operations and assessed operational controls. • Compliance Audits: Ensured compliance with regulations and internal policies. • Internal Control Evaluation: Assessed internal controls and provided recommendations. • Audit Reporting: Prepared audit reports and presented findings to management. • Follow-up and Monitoring: Monitored implementation of audit recommendations.

Faculty of English Commerce, Alexandria University