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Magdy A. Fattah is a seasoned management professional with extensive experience in strategic planning, team leadership, and financial management. He has held various roles, including Internal Audit Manager, Chief Financial Officer, and Finance Manager, and has worked in industries such as healthcare, manufacturing, and finance. Magdy has a Bachelor of Commerce degree from Suez Canal University.

Experience

  • InShape Clinic
    • New Cairo, Cairo, Egypt
    • Internal Audit Manager
      • Sep 2021 - Present
      • New Cairo, Cairo, Egypt
  • El Motaheda For trading
    • Cairo, Cairo, Egypt
    • Chief Financial Officer
      • Jan 2021 - Aug 2022
      • Cairo, Cairo, Egypt

      One of the leading companies in the fire fighting field

    • Chief Financial Officer
      • Oct 2016 - Sep 2020
      • Cairo, Egypt

      Educational Research Center works in educational publishing field; it is one of the Sayegh Group. which contains of 14 separated company in different countries in Asia , Africa and Europe,o Participate in establishing, reviewing and implementing the company’s strategy as approved by the Board of ...

    • Egypt
    • Food Production
    • 1 - 100 Employee
    • Finance Manager
      • Oct 2014 - Sep 2016

      o Define the rules governing local accounting policies in accordance with the legal legislation and company policies.o Prepare the financial statements in accordance with international accounting principles,o Issue and control monthly statements, analyze monthly balance sheets and Profit/Loss Statements,o Prepare the tax returns, and follow-up the legal financial liabilities of the company and fulfill such liabilities accordingly,o Establish a recording system in which Balance Sheets and Income Statements can be analyzed accurately,o Subject payments to be made to suppliers and customers to the company’s internal audit criteria,o Establish the required systems for following-up company inventory and costs through making sales and profitability analyses,o Follow-up the implementation of the company’s investment budget, establish and maintain systems for the capitalization, counting and auditing of investments and fixed assets,o Handles personnel actions including performance reviews and salary.o Mange relationship with both companies financial team and external auditors.o Supporting the sales team by preparing daily and weekly sales report to reflect the sales performance.

    • COST CONTROL AND BUDGET MANAGER
      • Aug 2006 - Sep 2014

      o Review products standard cost sheet in terms of quantity's and prices to avoided and loss in case of changing the purchase prices.o Review and approve raw martials purchase invoices and ensure that the prices are match with the suppliers offers.o Preparation of cost plans/ estimates, as well as budget reconciliation, cost checking, and cost control during different operations stages.o Attend progress meeting in site and arise critical issues to cost control manager if occurs.o Directly interface with production Manager, for handling production cost.o Analyze different changes impact on the production cost by comparing the actual cost with standers o Recommend alternatives for budget control to top management for discussion and/or decision.o Prepare cost progress reports and performance reports with full commitment to submit it on time.o Prepare effective cost forecast analysis and recommendations, including the use of all associated information and tools.

    • HEAD OF ACCOUNTS RECEIVABLE
      • Jan 2000 - Jul 2006

      o Maintaining the billing systemo Follow up accounts receivableso Generating invoices and account statementso Performing account reconciliationso Maintaining accounts receivable files and recordso Producing monthly financial and management reportso Investigating and resolving any irregularities or enquirieso Assisting in general financial management and analysiso Collecting sales and stock information from 5 branches in order to prepare consolidated sales reporto Prepare and calculate sales reps monthly bonus.o Prepare sales reps and branches sales performance report

Education

  • 1993 - 1996
    Suez Canal University

Suggested Services

This profile is unclaimed. These are suggested service rates with 0% commision upon successful connection

Industry Focus. “Health, Wellness & Fitness”

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