Mounir Elrashedy

Mounir Elrashedy Email and Phone Number

Director of Finance And Administration @ Meuble for French Furniture
Riyadh, SA
Mounir Elrashedy's Location
Riyadh, Saudi Arabia, Saudi Arabia
About Mounir Elrashedy

A seasoned Finance Manager with over 23 years of comprehensive experience across all facets of financial management. I possess a proven track record of success in driving financial stability and growth. My core competencies encompass:Financial Analysis & Reporting: Expert in monitoring and interpreting cash flows, financial analysis, and forecasting future trends.Budgeting & Planning: Adept at preparing and managing company budgets, formulating strategic long-term business plans, and implementing effective costing systems.Financial Reporting & Compliance: Meticulous in generating monthly financial reports in accordance with GAAP and IFRS standards.Feasibility Studies: Proven ability to conduct thorough feasibility studies to assess project viability.

Mounir Elrashedy's Current Company Details
Meuble for French Furniture

Meuble For French Furniture

View
Director of Finance And Administration
Riyadh, SA
Employees:
14
Mounir Elrashedy Work Experience Details
  • Meuble For French Furniture
    Director Of Finance And Administration
    Meuble For French Furniture
    Riyadh, Sa
  • Meuble For French Furniture Co.   Egypt And Then In Riyadh
    Finance Manager
    Meuble For French Furniture Co. Egypt And Then In Riyadh Oct 2019 - Present
    Egypt And Then In Riyadh
    1. Develop and implement the organization’s financial strategy, ensuring alignment with overall business goals.2. Oversee the preparation and presentation of financial reports, budgets, and forecasts.3. Manage and optimize the company’s financial performance, including cash flow, cost control, and profitability.4. Provide strategic recommendations to the CEO and the executive management team based on financial analysis and projections.5. Ensure compliance with financial regulations and standards, including audits, tax filings, and reporting requirements.6. Lead the financial planning and analysis (FP&A) function, driving financial modeling and scenario planning.7. Develop and maintain relationships with banks, investors, and other financial institutions.8. Oversee investment strategies, including capital expenditures and expansions..9. Implement robust financial controls and risk management practices to safeguard company assets.10. Mentor and develop the finance team, fostering a culture of continuous improvement and professional growth.11. Oversee the creation of a documentary cycle and an accounting system for the company.12. Oversee treasury department operations, including designing an organizational structure that effectively achieves the department's goals and objectives.
  • Elrashedy Trading  Egypt
    Finance Manager
    Elrashedy Trading Egypt Jun 2017 - Jun 2019
    Egypt
    1. Create a documentary cycle, and an accounting system for the company.2. Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives.3. Monitoring and interpreting cash flows and predicting future trends.4. Formulating strategic and long-term business plans.5. Researching and reporting on factors influencing business performance.6. Conducting reviews and evaluations for cost-reduction opportunities.7. Managing the company's financial accounting, monitoring and reporting systems.8. Producing accurate financial reports to specific deadlines.9. Preparing and managing the company's budget
  • Ahmed Kasim Alamoudi Co- Ksa-
    Chief Accountant
    Ahmed Kasim Alamoudi Co- Ksa- Jan 2016 - Mar 2017
    Jiddah, Makkah, Saudi Arabia
    1. Oversee and manage the general accounting functions, including but not limited to: accounts payable, accounts receivable, general ledger, and taxes.2. Prepare and review appropriate ledger entries and reconciliations.3. Manage the preparation of monthly, quarterly, and annual financial statements and reports.4. Ensure compliance with all financial regulations and standards.5. Develop and implement internal financial controls and procedures.6. Coordinate with external auditors during financial audits.7. Analyze financial data and provide insights to management to support decision-making.8. Supervise and mentor junior accounting staff.9. Collaborate with other departments to support overall company goals and objectives.
  • Alshurafa Trading Co.–Kaki Group- Ksa
    Chief Accountant
    Alshurafa Trading Co.–Kaki Group- Ksa Sep 2012 - Sep 2015
    Jiddah, Makkah, Saudi Arabia
    Job Responsibilities: -1- Conducts detailed reviews to identify and correct errors and inconsistencies in financial entries, documents, and reports.2- Oversees the review of accounts payable and coordinates the weekly check run process.3- Determines appropriate handling of financial transactions and grants approval within designated limits.4- Compiles and analyzes financial data to prepare entries for general ledger accounts, cost centers, and to document business transactions.5- Manages the distribution of common costs and prepares comprehensive cost center reports.6- Prepares detailed work papers and supporting schedules for the annual financial review.7- Prepares financial statements and various reports to summarize and interpret the company's current and projected financial position.8- Maintains and monitors closely the fixed assets system to ensure accuracy and compliance.9- Applies cost accounting methods to achieve an accurate representation of cost center performance.10- Ensures the timeliness and accuracy of inventory controls and procedures.11- Creates and maintains a chart of accounts, and develops and implements various accounting procedures.12- Collaborates with internal and external auditors during financial and operational audits.13- Maintains an effective system of accounts and keeps detailed records of all company transactions and assets.14- Develops and maintains robust internal controls and an effective accounting system and policies for the organization.15- Participates in target costing activities to develop products that meet predetermined price goals, and determines product pricing based on features offered and competitor pricing.16- Manages, observes, and develops the performance of the accounting team.17- Prepares comprehensive feasibility studies for new projects.
  • Arabian Sasna For General Contracting & Maintenance Est.  – Ksa
    Senior Accountant , Then Finance Manager
    Arabian Sasna For General Contracting & Maintenance Est. – Ksa Dec 2008 - Sep 2011
    Saudi Arabia
    1. Create a documentary cycle, and an accounting system for the company.2. Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives.3. Monitoring and interpreting cash flows and predicting future trends.4. Formulating strategic and long-term business plans.5. Researching and reporting on factors influencing business performance.6. Developing financial management mechanisms that minimize financial risk.7. Conducting reviews and evaluations for cost-reduction opportunities.8. Managing a company's financial accounting, monitoring and reporting systems.9. Liaising with auditors to ensure annual monitoring is carried out.10. Developing external relationships with appropriate contacts, e.g. auditors, solicitors and bankers. 11. Producing accurate financial reports to specific deadlines.12. Preparation and Manage the company's budget..13. Report to management on variances from the established budget, and the reasons for those variances.14. Arranging new sources of finance for a company's debt facilities.

Mounir Elrashedy Education Details

  • Faculty Of Commerce  ,Tanta  University, Egypt.
    Faculty Of Commerce ,Tanta University, Egypt.
    Good

Frequently Asked Questions about Mounir Elrashedy

What company does Mounir Elrashedy work for?

Mounir Elrashedy works for Meuble For French Furniture

What is Mounir Elrashedy's role at the current company?

Mounir Elrashedy's current role is Director of Finance And Administration.

What schools did Mounir Elrashedy attend?

Mounir Elrashedy attended Faculty Of Commerce ,tanta University, Egypt..

Who are Mounir Elrashedy's colleagues?

Mounir Elrashedy's colleagues are Mohammed Sadoon, Mohamed Yousef, Adel Mahmoud Hassan, Hossam Eleraky, Hesham El-Lawah, Adel Hasan.

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