Ehab Ibrahim - Finance manager, Majed AlFuttaim

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Network Power<100 people

Roles

💰50%

Investor & VC

🔥50%

Startup Founder

💸50%

Marketing

Geos

🇦🇪50%

United Arab Emirates

Work Background

Majid Al FuttaimInitiatives Lead

Aug. 2018Dubai- Maintains an independent perspective over digital transformation initiatives - Ensures seamless coordination and encourages cross-functional collaboration to resolve risks / issues in real-time - Clearly articulates the goals of each transformation initiative to a broad set of key stakeholders - Reviews initiatives progress and status to prioritize given current priorities and resources - Collects and shares key learnings and best practices across countries and organizational units - Ensures that stakeholder groups get access to a holistic picture

Majid Al FuttaimInternal Audit Team lead

Feb. 2017 - Aug. 2018DubaiMainline reponposibility for conduct risk based audits (strategic and operational) across 15 countries (Hypermarkets and Service Centers) Audit planning: • Performing desk research, preparing Audit Planning Memo; • Assessing impact and likelihood of these risks to prioritize areas for audit; • Agreeing the scope with Head of Audit and local management; and • Preparing audit programs to test design of control and its effectiveness. Audit Management: • Evaluate adequacy and appropriateness of existing policies and procedures with the best practices; • Testing set of controls for design and their effectiveness and ensuring Compliance with the polices • Understand root causes driving the control gaps. Audit reports: • Compiling issue logs, discussing and agreeing the observations; • Coordinating with process owners to develop pragmatic action plans; • Develop and enhance existing audit infrastructure documents i.e. audit manual and audit universe and templates

Azizia Panda United – Savola GroupOperation Finance |loss Prevention Manager| ERP Project Lead

Apr. 2014 - Feb. 2017Jeddah- Mainline responsibility for leading 7 regional finance offices across the kingdom ERP Lead: - Member of the ERP Selection Committee presenting the corporate and procurement track - Leading the Design Team of Procurement Tracks - Leading the Change Management Team of the Corporate Track Financial Control: - Managing store visits/audits for each store; Providing monthly comprehensive reports to OPS Head towards devising improvements to enhance efficiency - Ensuring cost lines are properly accounted for the monthly closure - Providing VP Operation early visibility on their financial performance for the current month - Managing comprehensive P&L analysis by Format and Operation Director – The analysis facilitates respective OPS Head with clear visibility - Generating Regional Performance Review (RPR) reports to OPS Head - Supporting new store openings wrt. to related to finance dept. objectives Sales & Treasury: - Managing Regional Sales & Treasury activity and provide monthly comprehensive activity report - Identifying new initiatives and way forward for Treasury and Sales day to day process Trade/Non Trade Payable & Inventory - Managing regional trade/non trade payable & inventory activity; Providing monthly comprehensive activity reports - Identifying new initiatives and way forward for Inventory and Trade/Non Trade Payable day to day process - Managing perishable and general physical inventory counts and provide detail finding report Retail Budget preparation - Coordinate with operation team and manage to provide yearly budget proposal in detail. Additional responsibilities - Presenting monthly financial performance in Operation Monthly Meeting - Weekly update on sales, waste, stock loss, overtime and other cost line position - Quarterly Regional Performance Review meeting - Quarterly Financial Workshop to Regional/District Manager and Store Manager

Azizia Panda United – Savola GroupInternal Audit Manager

May. 2013 - Apr. 2014•Formulate and Implement the Enterprise Risk Framework (ERM) aligned with Savola Group risk appetite. •Formulated and Implemented risk based audit universe for all the processes across the organization divisions. •Developed the Internal Audit plan for the year, based on Audit Committies recommendations and risk priorities defined as per the Risk Based Audit Universe. •Implemented Internal Audit Solution (TeamMate) to be used as an Audit and Risk Management tool. •Perform Audit Reviews as per the approved Audit Plan. •Progress Reporting (quarterly) of the New ERP implementation identifying the inherent risks and recommendations for key controls associated with each business process. •Provide process development consultation as a special assignment requested by the head of the business unit.

Savola Group - Retail SectorFixed Assets Manager| ERP Project Lead

Jun. 2010 - Mar. 2013•Successfully established and documented all fixed asset processes and procedures and ensured it is communicated till implementation by all parties. •Instrumental in conducting the physical count by 135 stores around the kingdom and reconcile it with books. •Initiated and implemented Oracle Financials (Fixed Assets Module) Integrated with Oracle General Ledger to automate all the fixed assets process mainly for calculating depreciation, transfers, acquisitions, disposals and post all the JVs to GL. •Actively participated in the implementation of the assets tagging project (Assets Labels) conforming to third party to implement the asset tagging system and handle all the fixed assets functions in the stores using handheld devices with back office integrated with Oracle Fixed Assets Module. •Distinction of having improved the Archiving system, improving the top management closing reports, CIP and deferred Charges ending balances, preparing Deferred Charges Comparison and CAPEX Summary Report. •Credentials of having improved the payments process, utilizing idle assets, Vehicles Acquisition and Disposal Processes, communicate with the Government and insurance department. •Managed Deferred Charges Process Improvements. •Formulated and implemented fixed assets department process, policies and procedures conforming to IFRS and SOCPA. •Instrumental in running implementation of assets tagging system integrated to Oracle financials. •Ensured systems and spread sheet are automated to improve the efficiency and effectiveness of accounting functions and processes. •Acted as ERP selection committee member to select the suitable ERP package for the company (ORACLE or SAP), designed comprehensive business cases by the business team presented by both companies. •Selected as Finance Department Representative in the business team during the implementation phase •Managed Fixed assets accounting, capital expenditures reporting, construction in progress among other activities.

BI-TechnologiesERP Project Manager

Mar. 2007 - Jun. 2010• Successfully created and maintained project plans. Assigned tasks to resources. • Managed an array of activities including risk analysis, approving project charges such as travel expenses, equipment and billable time. • Created and communicated project status reports to the management and customers. • Managed budgets and approved customer invoices. Ensured quality and timely delivery of services. • Fostered strong positive relationship with customers. Assured customer acceptance for delivered services. • Provided updates to the Engagement Manager. Supported Application Consultants in all project phases.

MicrotechQuality Assurance Supervisor

Jan. 2003 - Dec. 2007•Spearheaded a team comprising of test engineers. Actively involved in assigning tasks, supporting, preparing test plans, generating test cases and following up test results. •Prepared demo data for client presentations. Prepared Gap Analysis report after client negotiations. •Actively participated in team meeting with Project Managers and ensured client’s issues are resolved. Enhanced testing activities. •Effectively imparted training to new members and Clients’ key users. Improved testing activities. Managed VandV process area. •Instrumental in investigating support calls and getting appropriate analysis for the problems reported by the customer or Application Consultants (Implementers). •Instrumental in researching and implementing testing tools.

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