Sammy Azzer
Senior Finance Executive
Cairo-Egypt | - |- linkedin.com/in/samy-azzer-192b239b/ tabatourism.com/index.html
Summary
Summary:
Highly accomplished Finance Executive with excellence reducing costs, increasing efficiency, and
stimulating bottom-line growth for startup, midsize, and multi million-dollar organizations. Expertise
spans multiple industries and sectors, across domestic and international markets. Offers rare blend of
finance & accounting leadership backed by operations, HR, marketing, business development, and
technological expertise. Proven record leading financial restructurings and reorganizations in
challenging settings. Manages negotiation, due diligence and integration processes surrounding
potential and completed acquisitions. Coordinates effectively with cross-functional teams for the
attainment of company goals. Core competencies include:
Financial Analysis /
Consulting
Financial Statements &
Reporting
Staff Management & Training
Strategic Planning
Information Systems
Cost Accounting
Business Forecasting
Startup Operations
P&L Management
Professional Experience
Senior Finance Executive .
Taba Tourism Development Company .
Jan,2015 Present
http://www.tabatourism.com/index.html
Lead corporate finance and accounting unit, coordinating with Area Controller, Accounting Manager,
accountants, senior-level executives, investors, and lenders on financial administration of existing and
upcoming properties. Provide oversight of HR and payroll functions.
Designed and implemented company-wide, fully scalable F&A / reporting systems to forecast and
optimize cash flow, as well as strategic planning tools to project franchising, property management,
and hotel development opportunities.
Granted full-time Corporate Controller position with co-ownership investment opportunity
following successful engagement as a financial consultant.
Drove incremental revenue, identifying potential expansion opportunities and establishing key
performance indicators to achieve or exceed goals.
Defined business objectives, setting performance goals and developing strategic partnerships to
enhance customer value propositions and increase profitability.
Executed business plans to identify the core source of competitive advantage. Promoted operational
excellence, evaluating and optimizing expansion objectives to carve out a sustainable niche in the
market.
Oversaw the design and development of functional and aesthetic spaces, ensuring that design
capabilities were perfectly aligned with client expectations.
Nurtured profitable business relationships with top vendors, facilitating sourcing activities and
procuring value added services on every project. Collaborated with suppliers to ensure quality and
production efficiency.
Dierector Of Finance .
Taba Tourism Development Company .
Jan,2012 Dec,2014
Auditing the result of operational and capital expenditure proposals and projections and reconciling
with the Actual performance.
Monitor all financial aspects of hotel, casino and online gaming contracts for compliance with fee
structures, adherence to GAAP revenue recognition standards and
Conducted reports and reported findings to the Senior Finance Manager and supported him with
any tasks as required.
Monitored and analysed monthly operating results against budget.
Oversaw daily operations of the finance and accounting departments.
Managed the preparation of financial outlooks and financial forecasts.
Worked with department managers to develop five-year business plans.
Assisted in establishing short- and long-range departmental goals, objectives, policies, and
operating procedures.
Designed, established, and maintained an organisational structure to effectively accomplish the
department's goals and objectives.
Coordinated financial audits and provided recommendations for procedural improvements.
Preparing financial and regulatory reports required by law, regulations, or boards of directors.
Real Estate
Construction
Manufacturing
Hospitality(Hotels&casinos)
Energy&Utilities
Education and Certifications
Faculty Of Commerce and Business
Administration
Helwan University, Egypt -Bachelor of
Commerce &Business Administration English Section/Major in Accounting,
Minor in Business Administration, Grade:
Good.
http://www.helwan.edu.eg/English/
American Hotel And Motel Association
Institute-Michigan -USA
Basic accounting in hospitality industry .
Food &Beverage Control System in
hospitality industry.
https://www.facebook.com/AmericanHote
landMotelAssociation/
Certified Management Account
Certified Management account -CMA
Skills
Analytical:
Management Skills:
Leadership:
Communication:
Interpersonal Skills:
Regional Financial Controller.
Star-casinos (Overseas LTD)-Cairo.
June,2004 - Dec
,2011
Budgeting & reporting Manager (Responsible for Financial Reporting, Budgeting and analysis)
Contracts review, preparation of presentations regarding financial planning.
Responsible for any deposit or withdrawal from the branch safe as well as bank accounts.
Cash control procedures, including cash register balancing, bank deposits and check writing.
Helping Financial Officer in preparation of the consolidated balance sheet for each project.
Classifying data and handling error data before being recorded.
Monitor and review project implementation based on established budget.
Participate with the company's team to deal with customers, suppliers and contracts.
Review financial forecasts with property operational teams and ensure accuracy of property
forecasts.
Responsible for the preparation and presentation of operating and capital budgets.
Manage chip controls, purchases and destruction processes, and tournament chip inventories.
Responsible for property cage and finance teams, including indirect oversight of count
Manage property cash levels and ensure property does not have excess cash on hand.
Responsible for internal audit or gaming regulatory audit exceptions and updating property
processes as necessary.
Monitor all financial aspects of hotel, casino and online gaming contracts for compliance with fee
structures.
Chief Accountant:
London Casino Management (LCM)-UK Cairo
May,1996 May,2004
Supervision of overall accounting matters, payroll, receivables, banks, cash, payable, fixed assets,
working capital to ensure compliance with standard operating procedures.
coordination with taxation and financial consultants for submission of required reports and returns
to concerned regulatory institutions of government.
To conduct internal audit of overall accounting areas like inventory, assets, revenue, cash with
specific techniques to minimize risks of theft, fraud or misstatements.
To train accounts staff for maintenance of proper record of accounting events, information and
posting with accuracy.
Coordination with legal and financial consultants for incorporation of company and compliance
with statutory requirements.
Supervision of accounting and financial matters and reporting as per management instructions and
guidelines.
Liaison with Banks and government departments for compliance with requirements and
regulations.
Management of the inter company costs and ensuring monthly reconciliation of the inter company
accounts.
Review the bank reconciliation comparing with banking ledger accounts.
Preparing monthly payroll payments and liaising with payroll team to ensure accuracy inter
company accounts.
Overseeing Purchase Ledger queries, account and coding resolution as required.
Preparing corporation tax analysis and returns.
Account Receivable.
Hurghada Intercontinental Hotel -Egypt.
March,1988 March,1996
Oversee workflow to ensure even and accurate distribution of work load to maximize productivity
and performance.
Develop a customer credit management policy and evaluate credit checks on new customer
accounts accordingly.
Supervise adjustments to customer accounts related to credits account write-offs and other
adjustments.
Responsible for management and development of one direct report, the Cash Application Specialist
position.
Identify customers who are not paying in accordance with stated terms and develop action plans to
improve payment trends.
Develop and monitor key performance indicators for the cash applications group.
Provide support to customers regarding collection issues, refunds, write-offs, adjustments, and
credit requests and resolves client discrepancies.
Software Skills :
Software Programs:
Sun Program- Opera Accounting Program-Quick Books -Micros Program-SAAP Program-Delta
Microsoft -Office (Excel-–Win Word –Outlook)
Reference:
Reference Available On Request.
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