Mohamed Tawfik

About

Finance and commercial leader with 20+ years of experience across banking, healthcare, e-commerce and corporate environments. Specializes in FP&A, internal control, audit, supplier negotiations and cross-functional leadership to support strategic decisions, margins and working capital.

Experience

• VP - Group Strategic Planning & Financial Control
  IBSA - Rite Aid Group - EMAKPHARMA
  Aug 2019 – Present

  Lead group-level budgeting and forecasting across multiple entities, aligning financial plans with purchasing, inventory and resource needs. Develop financial models and analytical frameworks for strategic and investment decisions; deliver performance insights to senior leadership. Design KPIs and performance measurement systems across business units to improve forecasting, reporting and management visibility. Lead negotiations with local and international suppliers and principals across medical devices, medical supplies, aesthetic and cosmetic products. Negotiate pricing, payment terms, minimum order quantities (MOQs), delivery schedules, rebates, free-of-charge (FOC) products and marketing support. Evaluate supplier proposals, landed costs, product profitability and contract terms to assess their impact on margins, cash flow and business continuity. Develop demand forecasts and purchasing plans; monitor supplier performance, outstanding orders and supply risks while controlling inventory and working-capital exposure. Coordinate finance, sales, regulatory, logistics and operations teams to align purchasing with customer demand, registration requirements and supply continuity.

• Financial & Economic Auditor (Project-Based)
  Dubai Digital Authority
  Oct 2024 – Jun 2025

  Conducted financial analysis and evaluated economic scenarios to support strategic initiatives and executive decisions. Applied analytical frameworks to assess financial performance, risks and resource implications; provided structured recommendations.

• Internal Control Manager (Project-Based)
  Boutiqaat (E-commerce)
  Dec 2019 – Aug 2021

  Led internal control transformation and supported IFRS implementation in a high-volume e-commerce environment. Reviewed purchasing, inventory, financial monitoring and operational processes to identify control gaps and efficiency opportunities. Worked with business and finance teams to improve reporting accuracy, process discipline and management visibility; recommended process improvements.

• Manager / Senior Officer - Internal Control
  Union National Bank
  Jan 2016 – Aug 2019

  Led internal control reviews and financial performance analysis across business units. Supported reporting, process improvement and operational control initiatives. Strengthened governance, compliance and monitoring frameworks.

• Senior Control & Development Officer
  Warba Bank
  Jan 2013 – Dec 2016

  Oversaw financial reporting and provided planning support. Contributed to management information systems (MIS) development and performance tracking. Supported budgeting and forecasting processes.

• Accounting Supervisor
  BRF - Kuwait
  Nov 2009 – Dec 2012

  Supported the Head of Financial Reporting in preparing compliant financial statements. Oversaw general ledger structure and maintenance. Monitored and controlled costs; supported budgeting and financial planning.

• Assurance & Tax Auditor
  Ernst & Young - Kuwait
  Sep 2005 – Nov 2009

  Performed audit and tax assignments across client businesses.

• Accountant
  BRF - Kuwait
  Nov 2003 – Dec 2005

  Performed accounting and financial reporting duties.

• Auditor
  Mostafa Shawki & Co - Egypt
  Sep 2002 – Aug 2003

  Performed audit assignments and related accounting reviews.

Education

• 2001 MI
  Bachelor of Commerce

  Misr International University

  Economics & Accounting · 1997 – 2001

  Economics & Accounting · 1997 – 2001

Skills

Tools / apps / platforms

Languages

Courses & certifications

• Information Systems Auditing Controls & Assurance · The Hong Kong University of Science and Technology · 2020