Osama Salem

Competent and result oriented Multi Culture professional offering +20 years of experience in directing & controlling the Finance, Accounting and Audit functions. Spearheaded a gamut of activities which includes Strategic Planning, Decision Making, Financial Planning & Analysis, Financial Consolidation & Reporting, Fund Management, MIS, Auditing, Internal Controls and Risk Management. Demonstrated ability in improving the profitability and operational efficiency through introduction of new systems and processes.

Group Chief Financial Officer at NOBELTEX (2025-08 – Present)

• Manage all financial matters which includes Finance, Accounting, Controlling, Tax, Banks and Cash Flow Management.
• Maximize return on invested funds by identifying investment opportunities.
• Overall P&L responsibility including budgeting, capacity, investment and KPI Planning – perfect cost control is a prerequisite.
• Providing a transparent financial view and risk assessment on the company to the Board of Directors and advising the CEO and Management Team on all matters relating to financial performance.
• Develop finance organizational strategies by contributing financial and accounting, information, analysis, and recommendations to strategic thinking and direction.
• Controlling all financial and accountancy matters including month end reports, management accounts, cash flow management, statutory accounts, presentation of management information and KPIs.
• Preparing periodic and emergency financial reports and listing the company's financial position.
• Prepare forecasts and analyze market trends in manufacturing, sales, financial operations, general business conditions and other required areas to Project the Profitability, Balance Sheet and Cash and Fund flows of the business for the required number of periods.

Regional Head Of Audit - North Africa at CIRCLE K (2023-05 – 2025-07)

• Lead and manage the internal audit function within the region including directly leading audit assignments and activities of the country auditors by ensuring that risk based audit plans are developed and implemented. This includes coordinating reviews, investigations at the regional level.
• Engage in the hiring and management of CIRCLE K audit staff.
• Recruit, hire, train and directly supervise the CIRCLE K Audit Managers. The CIRCLE K Audit Managers will report jointly to the CIRCLE K Board Audit Committee.
• Identify and assess areas of significant business risk.

Chief Financial Officer at DMJ WORLD (2020-05 – 2023-03)

• Monitor banking activities of the organization.
• Provides strategic recommendations based on financial analysis and projections cost identification and allocation and revenue / expense analysis.
• Prepares monthly financial report and related analysis.
• Defines standard, policies, procedures.
• Oversee cash flow planning and ensure availability of funds as needed.

Chief Financial Officer at ELABD FOODS (2016-04 – 2020-04)

• Drive the company’s financial planning.
• Perform risk management by analyzing the organization’s liabilities and investments.
• Decide on investment strategies by considering cash and liquidity risks.
• Control and evaluate the organization’s fundraising plans and capital structure.
• Ensure cash flow is appropriate for the organization’s operations.
• Supervise all finance personnel (controllers, treasurers etc.).
• Manage vendor relationships.

Internal Audit Director – Board Member at ELABD FOODS (2014-11 – 2016-03)

• Accountable for the development and coordination of the internal auditing activities.
• Develop and implement internal auditing policies, procedures, and program.
• Survey functions and activities in assigned areas to determine the nature of operations.
• Supervise, conduct, and report on the testing and adequacy of the internal controls over financial reporting.
• Investigate and determine causes of irregularities, and errors.

Group Chief Financial Officer at KOLEKSIYON EGYPT (2010-03 – 2014-10)

• Participate in developing new business, specifically: assist the CEO and COO in identifying new funding opportunities, the drafting of prospective programmatic budgets, and determining cost effectiveness of prospective service.
• Monitor banking activities of the organization.
• Provides strategic recommendations based on financial analysis and projections cost identification and allocation and revenue / expense analysis.
• Prepares monthly financial report and related analysis.
• Defines standard, policies, procedures.
• Oversee cash flow planning and ensure availability of funds as needed.

Compliance & Internal Audit Manager at NAEEM GROUP (2008-03 – 2010-02)

• Reviewing and auditing the financial records, periodic financial closing journal entries, financial statement and verify the documents.
• Testing the internal control system of the Naeem Co and identifying any weaknesses.
• Develop a draft with the Internal Audit Manager in setting up, managing & implementing the internal audit plan into the business.
• Drive organization capability through coaching IA team in providing guidance, advice and assistance to the business on processes, regulations or control issues.

Financial Controller at DELTA FOR CONSTRUCTION & REBULDING (2005-09 – 2008-02)

• Flowing up the day to day financial activities for the company.
• Develop and implement the financial policies, systems and procedures of the organization.
• Monthly variance analysis reports for the actual vs. budgeted figures.
• Reviewing and auditing the financial records, periodic financial closing journal entries, financial statement and verify the documents.
• Plan, organize, direct, control and evaluate the operation of an accounting, audit or other financial department.

Senior Internal Auditor at BAHGAT GROUP (2002-11 – 2005-08)

• Conduct audits of operational activities to ensure compliance with policies procedures and internal control.
• Make recommendation for eliminating control deficiencies and improving the efficiency and effectiveness of internal controls.
• Reviewing and auditing the financial records, financial statement and verify the documents.
• Studying and closing all non-conformities or observations resulting from the internal audit.

External Auditor at PRICE WATER HOUSE COOPERS (2000-10 – 2002-10)

• Dealing with big companies in the field of auditing ex. Peugeotn – ICL – Miraco Carrier – Ghabbour – Duravit – Nile City.

Master's Degree in Finance and Investment ‘’ MBA ‘’ in Finance and Investment – Arab Academy for Science & Technology and Maritime Transport “AASTMT” (2021)

Certified Financial Manager ‘’ CFM ‘’ – Atlantic International University (2012)

Bachelor Degree in Accounting – Faculty of Commerce, Cairo University (2000)