Prepared for the Chairman & CFO · Hermosa Ventures

Building Hermosa's finance foundation — right from the first invoice.

Presented by Scope Finance & ERP transformation · Board blueprint
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The mandate

A build mandate — alongside your CFO, not in their chair

What this role builds

What stays with the CFO

Business — the hero

From leased land to first export — the finance challenge at each step

The business driver

The foundation has to be live before October

Minimum-viable spine — live before the first land-prep invoice

Finance — the brain

The finance model the business dictates

The judgement calls — the lease-capitalisation split, the maturity trigger, which pre-productive costs capitalise — are the CFO's, with the auditor. I bring a recommended position and implement what's signed.

Process — the how

From business need to system — never the other way round

ERP — the tool, chosen last

Why Odoo — on the merits, for a pre-revenue build

The platform earns its place only by closing a business gap. The reasons it fits Hermosa now:

The full Odoo vs SAP Business One vs Oracle NetSuite comparison, the module map and the analytic design are in the appendix.

Governance

Who decides, who builds, who owns

The plan

Execution — scheduled backward from October

The horizon

The road to a data-driven agricultural enterprise

Appendix · if you ask "why you"

The fit — built on evidence, not claims

Appendix · the first 90 days

"If you joined next week, what would you do first?"

Appendix · risk

What could go wrong — and how it's controlled

Appendix · engagement, conflict & hand-over

How I'd plug in — and how it ends

Stated up front, so there is nothing to wonder about later.

    Appendix · expected outcomes

    From baseline to target

    Appendix · the hiring questions

    The questions behind the decision

    The hour

    Today, in ~60 minutes

    A short driven opening, then the floor is yours. The deep material is one tap away in the appendix — I pull it up as you probe.

    0–3 min
    The one idea — staff finance to the crop; the bush dictates the plan
    3–12 min
    The staged org & the funding J-curve — what a board financing a multi-year burn cares about most
    12–20 min
    The Odoo approach — the analytic core and the implementation timeline (why Odoo in two lines)
    20–25 min
    How I plug in — the three engagement options, under your CFO
    25–60 min
    Your questions — I open the chart of accounts, compliance, ERP detail and the technical appendix on demand
    🎤  presented live📎  appendix — pulled up if asked
    Appendix — on demandThe reference depth behind the spine: the full "why", the ERP comparison, the 212-account chart, KPIs, Egypt compliance, the strategic Q&A and the standard-anchored technical bank. Built to be opened when the room asks, not walked through.

    The company

    A 2025-vintage, export-first berry venture — in its capital-heavy planting years

    Hermosa Ventures (UK)London · holding & investment
    → funds →
    Egypt Operating Co.Cairo & farms · cultivation & export
    A two-entity group means consolidation, intercompany funding, transfer pricing and multi-currency (EUR/USD/GBP/EGP) are finance requirements from day one — the chart of accounts is built for it.

    Why a different finance function

    This is not single-factory bookkeeping

    A multi-site, seasonal, export crop whose core asset is alive needs a finance function designed for it — not a generic ledger.

    The backbone insight

    The bush dictates the plan

    Spend leads revenue by years

    Planting (2025) → first small commercial crop (~year 3) → full productivity (~year 6–7). Finance headcount tracks that curve, not the calendar.

    The centerpiece

    A finance org that lights up with the crop

    Every seat is wired to a measurable milestone. Tap a stage: green = active, purple glow = added this stage, ghosted = needed later, for now, no. Through the pre-revenue years it is just two people; the full ~16 only arrives at sustained-export maturity.

    Activating trigger
    Where the business is
    What finance is doing

    Chairman / Board
    Chief Financial Officeryour existing seat — strategy, board & investors
    Head of Finance — this buildAhmed: builds the system & the team, under the CFO
    Active Added this stage Needed later (for now, no) Make-or-break role

    Headcount shown is the function count; Site / Farm Accountant scales with the number of producing sites. The one line never blurred — even at two people — is the split between the Site Accountant (raw field data) and the HQ Cost Accountant (per-feddan / per-kg truth).

    The system

    Odoo, built once — correctly

    The core: analytic accounting

    Plan 1 · LocationsOne analytic account per farm & greenhouse → a full P&L per site from one shared chart of accounts.
    Plan 2 · Activity typePlanting · irrigation · fertilizing · crop protection · harvest · export — slice cost by activity.

    Modules

    Edition

    Implementation timeline

    Phased to mirror the agronomy: capture capex & capitalize the bushes first, prove per-site costing on real data, then layer inventory, batch costing, dashboards and finally export/revenue. Tap any bar for detail.

    Week 1Config base: 28 wksRealistic delivery: 32–34 wks

    The ERP decision

    Why Odoo — and not SAP or NetSuite

    Why Odoo wins for Hermosa

      Where SAP B1 / NetSuite genuinely win

        Recommendation

        Runway

        The funding J-curve & peak cash

        Spend leads revenue by years — the board's real question is how deep the trough goes and when it turns. Here is the framework and the levers; every figure is illustrative, built to be replaced with your actuals.

        Chart of accounts

        A chart of accounts tailored to Hermosa

        Built on a proven Egyptian-compliant skeleton (VAT in/out, WHT, payroll tax, social insurance, stamp) and re-engineered for a multi-site export berry farm: bearer plants, cultivation COGS by site, export cold-chain, intercompany for the London↔Cairo group.

        ⬇ Download the importable Odoo file (Hermosa_Ventures_COA_Odoo.xlsx)

        Ready-to-import format. Accounts tagged ANALYTIC are driven by the Locations dimension — they produce per-site cost without duplicating the ledger.

        What the board will see

        Ten decision-grade KPIs

        Cost-per-feddan governs the establishment years; cost-per-kg switches on at first harvest — the two hand off at the harvest milestone with no gap.

        Egypt, handled

        The statutory ground truth

        Local fluency the board can test — the 10-year cultivation tax holiday, ETA e-invoicing, export VAT zero-rating, EAS 35, and the new social-insurance reality for seasonal labor.

        How Ahmed plugs in

        Three ways to engage — you choose

        All three options sit under your CFO — none of them is a CFO role. I build and run the finance engine and the team; your CFO keeps strategy, the board and investors. The choice is purely how deeply I plug in, and when.

        The decision rule (not the answer)

        Appendix

        Anticipated questions

        The hard questions this room will ask — and the answer ready for each. Tap to open.

        Technical appendix

        The accounting & tax deep-dive

        Held in reserve for the detailed examination. Each answer is anchored to the standard it rests on — IAS 16 / 41 / 21 / 23 / 36 / 12, IFRS 10 / 15, COSO, and current Egyptian tax & transfer-pricing law. The strategy is to lead clean and open these only when a specific point is pressed.