Summary
Overview
Work History
Education
Skills
Languages
Top achievements
Timeline
Generic
Raouf  Abu Taleb

Raouf Abu Taleb

Alexandria

Summary

Hardworking Chief Financial Officer bringing [12] years of experience in financial leadership. Specializing in financial decision making and company-wide policy development. Talent for overcoming operational issues and driving proactive improvements.

More than 25 years of attractive experience in finance in the different fields Hospitality, Real Estate Properties, Constructions, Medical Healthcare and Manufacturing Field.

Overview

18
18
years of professional experience

Work History

CFO

Tamkean Investment & Real Estate Development
Dammam
2023.11 - Current
  • Developed and implemented financial strategies to increase efficiency and reduce costs.
  • Prepared annual budget plans, quarterly forecasts, and monthly closing activities.
  • Reviewed financial statements on a regular basis to ensure accuracy of reported information.
  • Provided guidance on capital structure, investments, acquisitions, divestitures, and other strategic initiatives.
  • Collaborated with senior management to develop long-term business objectives and plans.
  • Oversaw the development and implementation of systems for tracking financial performance metrics.
  • Coordinated mergers and acquisitions activities including due diligence reviews.
  • Directed treasury operations including cash management functions; monitored foreign exchange exposure risks.
  • Cultivated relationships with banking institutions to secure favorable terms on loans and lines of credit.
  • Managed company-wide budgets, payroll, accounting and other financial operations.
  • Analyzed operational processes and implemented continuous improvement initiatives to promote profitability and efficiency.
  • Prepared financial forecasts to support fiscal planning and management.
  • Supported company growth objectives by developing solid financial plans.
  • Developed plans to standardize and facilitate organizational asset management.
  • Provided strategic and financial growth advice to other company executives.
  • Devised strategies to drive organizational vision and grow revenues.
  • Devised funding strategies to drive company vision and support tactical initiatives.
  • Collaborated with business unit managers to prepare annual financial reports, tax returns and pension plan financial statements.
  • Provided organizational leadership and collaborated with executive partners to establish long-term goals, strategies and company policies.
  • Oversaw corrective action plans to remedy structural, organizational and departmental issues.

CFO & Commercial Director

Pyramids Real Estate Developments
Alexandria
2021.07 - 2023.10

CFO

Al Muhaideb Investment Group
Riyadh
2017.05 - 2021.06

CFO

Al Moez Holding Group
Cairo
2015.03 - 2017.03

Finance Manager

Emirates Hights
Cairo
2013.01 - 2015.02

Director of Finance

Arabella Touristic and Urban Development
Cairo
2009.01 - 2012.12

Financial Controller and Owner Representative

Neptone for Hotels (Solymar Taba Resort)
Cairo
2006.01 - 2008.12

Education

GED -

Accounting & Business
Alexandria
05.1993

Associate of Science -

IMA
USA

Skills

  • Business Forecasting
  • Regulatory Compliance
  • Risk Management
  • Financial Reporting
  • Budget Development
  • Strategic Planning
  • Corporate Leadership
  • Financial Management
  • Cash Flow Management
  • Infrastructure development

Languages

Arabic
First Language
English
Advanced
C1

Top achievements

* Financial and administrative restructuring of Tamkean Co, establishing governance and compliance rules, obtaining ISO (9001,14001,45001) certification, raising capital, opening new horizons for growth.

* Feasibility study for a poultry and animal production project submitted and Authority by the Ministry of Agriculture for Pyramids Real Estate Co, value of cost EGP 187 Million in 2022.

* Financial leasing operating for the purchase of floating dredgers for Red Sea Contracting Group with cooperation with the NBK and the financial leasing companies (Al Aoula, Al Ahly, B.M) in 2021.

* Financial restructuring and qualifying to I.P.O in stock exchange for  Al Muhaidib Investment Group, KSA in 2018.

* Setting up and operating financial system, regulations, and designing the procedures and the financial system for J.Dar Real Estate, which owns the Sea View Resort in 2017.

* Financial restructuration of Al-Moez Holding Group Egypt & Ethiopia in 2015.

* Financial leasing operating for the administrative and commercial Al-Moez Tower in Dokki with A.T Lease in 2016

* Feasibility study for evaluating and completing Palm Resort and Tourist Village, Fayed-Ismailia, value of EGP 39 Million in 2015.

Timeline

CFO

Tamkean Investment & Real Estate Development
2023.11 - Current

CFO & Commercial Director

Pyramids Real Estate Developments
2021.07 - 2023.10

CFO

Al Muhaideb Investment Group
2017.05 - 2021.06

CFO

Al Moez Holding Group
2015.03 - 2017.03

Finance Manager

Emirates Hights
2013.01 - 2015.02

Director of Finance

Arabella Touristic and Urban Development
2009.01 - 2012.12

Financial Controller and Owner Representative

Neptone for Hotels (Solymar Taba Resort)
2006.01 - 2008.12

GED -

Accounting & Business

Associate of Science -

IMA
Raouf Abu Taleb