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Ahmed E. Fahid

Regional Financial Director- North East Africa


Worked for many years as a finance professional, enriched experience by working for several industries e.g. Agriculture, Pharmaceutical, FMCG, Petrochemicals and Mining. Practicing Finance from a single accounting entry to a complete financial strategy, providing strong reports, budget processes and periods closing, strategy formulation and application, decision making and taking, standard application and compliance. 

With experience in Reporting, Budgeting, Planning, Tax inspection and audits, Financial Closure & Audits, Internal Compliance and audits.


Collaborating with the organization's team as an active member; who ensures smooth, harmonic yet efficient financial strategies, plans and transactions. Using all available skills & tools to fully support the business and achieve continuous success on both aggregate & segregate levels, for the organization and the team.

Work experience

Jan 2017Present

Regional Financial Director- North East Africa

AEL Mining Services
  • Reporting to the group financial manager, dotted to the regional Managing director.
  • Responsible for Egypt, Tanzania, Kenya, Ethiopia and Middle East.
  • Leading in-country finance teams and providing support & advisory.
  • Responsible for maintaining group policies and controls properly-applied, in line with the country-specific guidelines.
  • Insuring alignment and harmony between top management and all other departments in terms of financial integrity, controls and workflow. 
  • Handling in-country financial reporting, closures, taxation, financial audits and statutory reporting.
  • All over and above the responsibilities of the financial controller.
  • Responsible for in-country regulations compliance, and corporate policies application and maintenance. In addition to tax compliance and efficiency.
Apr 2014Dec 2016

Financial Controller 

AEL Mining Services


  • Reporting to Regional Financial Director - North East Africa & ME(direct), Regional MD (Dotted).
  • Responsible for the Entity's Risk & Cash Management.
  • Accountable for the whole process of Forecasting, Budgeting & Reporting: 
    • Preparation of an integrated budgeting process.
    • Crafting the automated budget model.
    • Revising major budget KPI’s; such as economic indicators, alignment with corporate strategy & 5 years strat-plan, the integrity of numbers in terms of achievability and sustainability, main production assumptions & capacity, Capital needs, cash control and demand planning module.
    • Leading the rolling forecast process on a monthly basis, in addition to the monthly actual vs. budget analysis.
  • Responsible for the Costing & Production Financial Processing.
  • Leading the Control Matrix & Internal Audit compliance process.
  • Contributing to the Entity's future strategy planning and implementation.
  • Responsible for all periodical financial closures, plus the annual Financial Statements preparation and submission.
  • Managing the Entity's Supply Chain & Warehousing Processes, Transactions and Controlling.
  • Contributing to the tactical pricing and price planning, in addition to the profit protection plans.
    • Product mix analysis.
    • Preparation of tendering interactive models.
    • Creation & submission of tender documentation.
  • Supervising a team of three.

Jan 2012Apr 2014

Assistant Financial Controller- Egypt & Libya

Danone Nutricia Early Life Nutrition
  • Reporting to Financial Controller (Egypt & Libya) - Direct
  • Monitoring & processing all the daily financial transactions.
  • Controlling spending according to Budget & Forecasts.
  • Insuring compliance with IFRS & Company’s global financial standards.
  • Controlling cash payments, transfers & receivables in order to maintain healthy cash levels.
  • Leading bank reconciliation process in order to insure safe & correct bank transactions.
  • Contributing to Budget & Rolling Forecast preparation process.
  • Reporting monthly financial results, with the necessary comments & clarifications.
  • Preparing regional P&L report in order to compare cost to benefit regarding spending activities.
  • Contributed to transforming the local office to a legal entity with full authorities to deal with organizations inside Egypt.
  • Supervising purchasing processes, negotiating and making deals & contracts with main suppliers & vendors.
  • Supervising payments & sales figures of Libya sector.
  • Preforming consolidation process of sales & expenses for all regions of responsibility.
  • Supervising a team of two.
Jul 2010Jan 2012

Senior Financial Analyst

  • Reporting to CapEx manager, dotted to Financial Planning Manager.
  • Preparing the annual CapEx budget in line with the region and sector.
  • Conducting funds allocation over several projects and prioritizing them by categories and importance to the business.
  • Handling Investment Proposals (IPs) and Capital Appropriation Requests (CARs) in order to clarify and illustrate the nature, cost and benefit for each project.
  • Creating and preparing the total depreciation forecasting exercise for the whole huge company’s assets (current and new).
  • Preparing the feasibility study for each project before raising funds and proceeding with it, in order to ensure the optimum investment spend.
  • Participating with other functions in new products launches and in action plan making.
  • Supervising one trainee. 
Jun 2008Jun 2010

Business Planning & Analysis Specialist

  • Reporting to Egypt's CFO.
  • Responsible for preparing the annual Budget and Sales Forecast and also the Periodic Latest Estimate for the financial figures.
  • Supporting the Finance and Reporting Department (FRA) by implementing some of their accounting transactions.
  • Creating models to improve the work flow for a leading Multinational Pharmaceutical Company.
  • Ensuring the data quality in all reports and matching between reporting sources to reach a zero-difference.
  • Creating Specialized Analysis Models in order to control and enhance both of Sales & Profits Performance.
  • Participating in cost reduction projects; ideas and calculations.
Aug 2007Jun 2008

Junior Financial Analyst

CPG - Americana
  • Reporting to Egypt's CFO.
  • Preparing the monthly performance report & the consolidated monthly P&L report.
  • Preparing the yearly fundamental report to assess the overall performance of the group on the aggregate level, and of every company on the segregate level.
  • Preparing the monthly bank facilities report in order to manage the financing expenses and select the better & lower financing sources.
  • Reviewing bank contracts financially.
  • Constructing feasibility studies and building compatible financial models, in order to support decision making.
  • Creating special studies & analysis as Ad-Hocs.
  • Performing accounting consolidation, for the monthly & quarterly reports and also for the financial statements.

Trainee Accountant

Misr Petrolium
  • Reporting to Consignment Head.
  • Calculating the consignment petroleum products' costs;  for products which are ready for sale at the whole-sellers' stations.
  • Applying the margin difference calculations related to subsidies granted by government to specific industries.
  • Contributing to the monthly closure, and to the governmental fiscal year's closure.


Nov 2015

IFRS Certified

ACCA Association

Reg No. AD32335



Self Study

CFA - Levels 1 & 2

Self Study

BSc of Accounting

Ain Shams University
  • Studied Accounting, Finance, Management, Economics, Production Planning & Warehousing.


SAP & Oracle

SAP 7, B1, BW Tool, BPC & EPM.

MS Excel & Other Office Suite
Computer Skills

Usage, Maintenance & Problem Solving

Microsoft Exact


  • Strategic Management.
  • Professional Communications.
  • Effective Management.

contact me

  • Mobile: +20 100 739 50 80 - +20 127 42 555 98  (Available from 9 AM till 9 PM – Cairo Local Time).
  • Personal E-Mail:  ahmed.[email protected]
  • LinkedIn Profile:
  • Address 1: 6th of October City, Cairo, Egypt.
  • Address 2: Nasr City, Cairo, Egypt.


  • Exempted from military service.
  • Owns a car with a valid driving license (Egyptian & International).