Ashraf Mohamed ELmoghany

Email: ad1nja@r.postjobfree.com

Contact Nos.: 009***********

Senior Financial Accounting & Audit Professional

Snapshots: Committed, focused and results-oriented industry professional with more than 35 years of insightful experience across Auditing, Finance & Accounting, Business Strategy & Expansion, Compliance and Corporate Governance; experienced auditor with a forte in identifying problems and providing workable solutions; excellent exposure in heading finance functions involving determining financial objectives, developing & implementing policies & procedures to facilitate internal financial control; expertise in generating, analyzing & cascading financial information to facilitate wise financial decision making; Pragmatic, with proven managerial acumen and abilities to withstand work pressures, deliver assignments within specified time frame without compromising on quality benchmarks. Seeking challenging role of a Finance Manager/Audit Manager across industries preferably with Real estate, Construction, Automobile and Healthcare with reputed organization, demanding high standards of quality and precision and providing opportunity to amalgamate my personal enrichment with professional goal. Core Competencies include…

Finance & Accounts ~ Audit (Internal & External) ~ Business Strategy and Expansion ~ IFRS Standards ~ GAAP Analysis ~ Financial Reporting ~ Financial Analysis ~ Risk Identification & Management ~ Budgeting & Forecasting ~ Stakeholder Interaction ~ Liaison & Coordination ~ Devising Policies & Procedures ~ Regulatory Compliance ~ Team Building & Leadership ~ Problem Solving Skills

Profile Overview

Experienced in conceptualizing and implementing Finance Operations, Accounting & facilitating internal & External Audit, financial reporting and Performance Management

Hands-on experience in managing Profit and Loss, Audit Schedules, General Ledger, Bank Reconciliations, Accounts Payable, Accounts Receivable and Ageing Reports

Demonstrated expertise in budgeting, forecasting & cost control and productivity management, Performance Measurement & handling, Due Diligence, Cash Flow management and Internal control

Sound understanding of IFRS Standards, IGAAP, USGAAP, ISA with demonstrated skills in streamlining the process flow of accounts payable and contributing positively in ERP implementation

Highly organized with outstanding skills in interacting with clients, understanding their requirements and accordingly devising customized & cost-effective solutions, thereby maintaining complete client satisfaction and creating repeat business opportunities.

Perseverant, diligent and gelling personality to work in-sync with reporting staff and honor directives from senior Management for better performance and understandings; possessing pleasing and cheerful personality

Self-motivated with flair to continuously upgrade knowledge with cutting edge and emerging trends in Accounts, Audit and financial management administrative system; carries an unsullied image of integrity and honesty

Visionary & decisive leader, noted for sound, practical management style and excellent organization, communication, presentation & interpersonal skills; Proven ability to lead and motivate large cross-functional and multi-cultural teams to maximize productivity

2

Professional Experience

Onaizah Association for Humanitarian Services ( Taheel ), Onaizah,K.S.A October 2022 – Jul 2023 Internal Auditor : The Same Tasks as Assistant Audit Manager at Manafea Holding Company Mahasil Agriculutral co., Onaizah, K.S.A. - ( Agriculuture ) May 2021– May 2022 Finance Manager (Reporting to the CEO) : The Same Tasks as Previous Private Financial Advisory Jul 2016 – Apr 2021

King Abdullah Bin Abdulaziz Endowment Est., Riyadh, K.S.A. - (Real Estate) Apr 2013 – Jul 2016 Finance Manager (Reporting to the CEO)

Responsibilities:

Ensure updating company’s financial position, financial statistics, expenditure statements and periodical financial reports such as daily, Weekly, Monthly, Quarterly, Yearly etc...

Recommending cost reduction and Profitability by suggesting alternatives, conducting Analysis with continuing Feasibility Studies and improve financial performance

Responsible for training, planning, assigning, directing work and conducting appraising performance; rewarding and disciplining employees

Key person for addressing complaints, investigating and resolving problems without undue delay.

Developing forecast models, identifying trends and recommending actions based on sound analysis

Analyzing financial data such as Budget, Financial Statement, Cash Flow, etc. and Fund Inventory with treasury Department periodically

Assembling data to structure sophisticated reports on financial status and risks, Develop financial models, conduct bench marking and process analysis

Assisting senior management in the expansion and proliferation, growth Plans and also increased income plans Accomplishments:

Successfully set up the Annual & Monthly Budget, Chart of Accounts, Policies & Procedures, Implementing ERP System and Internal Control System

Instrumental in reducing the Costs and improving the financial performances

Commended by the management for effectively developing talent within the team by providing consistent direction and supportng to achieve stretch targets

Successfully enhanced the team productivity through skills development by coaching and training Manafea Holding Company, Riyadh, K.S.A. - (Real Estate) Aug 2008 –Apr 2013 Audit Assistant Manager (Reporting to the CAE)

Responsibilities:

Ensuring Risk control appropriately and compliance of policies and procedures by conducting the internal audit with relevant departments; montoring implementation of the Internal Audit Department policies and procedures

Identifying the scope of audits and conveying clearly to the subordinates, estimating resource needs and scheduling the assigned work to meet completion dates

Key person to interpret policies and procedures for applying professional accounting and auditing principles and standards to test and evaluate complex financial records and operational systems

Identifying and analyzing causes of uneconomic and inefficient practices in assigned areas of responsibility and suggesting alternatives to achieve desired results Accomplishments:

Selected to participate in the organization strategy articulation process along with other members of the Management Team

Successfully developed talent within the team by providing consistent advice to achieve stretch targets

Commended for identifying development needs and organizing coaching for the employees

Assisted the top management in making SWAT analysis and providing them consultancy services i.g. risk assessment, Feasibility study, etc.

Saad Leasing & Assets Finance Company, Branched of Saad Group, Khobar, K.S.A. Aug 2004 – Jul 2008 Finance Manager (Reporting to the CEO) – (Automobile) Responsibilities:

Reviewing and monitoring the preparation of company’s financial position updates, financial statistics, expenditure statements and other relevant financial reports & providing creative alternative to reduce costs 3

Responsible for conducting performance appraisal, rewarding and disciplining employees & addressing complaints and resolving problems and developing financial models, conducting bench marking and process analysis

Designing and implementing effective accounting, cost control procedures, and conducting business studies on past, future and comparative performance and developing forecast models Accomplishments:

Successfully set up the Annual & MonthlyBudget, Chart of Accounts, Policies & Procedures, Implementing ERP System and Internal Control System

Reduced the Costs and improved the financial performances

Developed talent within the team by providing consistent direction and support to achieve stretch targets

Instrumental in enhancing team productivity through skills development through coaching and training Abdullah EL-Sayed Contracting Group, Riyadh, K.S.A. (Construction&Contracting)Jun 1993 – Aug 2004 Chief Accountant (Reporting to the FM)

Responsibilities:

Assigned responsibility of managing financial and cost accounting role including Accounts Receivable, Accounts Payable, GL, forecasting, budgeting

Controlling and monitoring the company’s annual operating budget to meet all financial targets and ensure complied with financial statutory regulations & Performing project cost forecasts / budgets and cost tracking

Preparing and drafting various financial statements and reports including balance sheet, profit and loss statement Accomplishments:

Successfully reduced the company's costs by effectively executing POS Software and automating Inventory Stocktaking

Instrumental in achieving turnover from accumulated and continuing losses of nine years to the profit earning by reducing costs significantly and focusing on increasing revenue

Instrumental in developing the sales commission system and mplementing ERP and Internal Control System Middle East Carpet Associated Company, Alexandria, Egypt. - (Industrial) Apr 1988 – May 1993 Cost Accountant. (Reporting to the Costing Manager) Responsibilities:

Formulated the data accumulation systems for a cost accounting system and reviewed the controls needed for data accumulation and reporting systems

Reporting on margins by product and division as well as Reporting on periodic variances and their causes

Responsible of costing and pricing all items, analyzing capital budgeting requests and evaluating the performance of products, labours, materials and calculate the Hourly cost. Credentials

Higher Diploma (Cost & Management Accounting), Very Good Grading, Alexandria University, Egypt, 1993

B. Sc. (Accounting & Auditing), Good Grading, Faculty of Commerce, Alexandria University, Egypt., 1987 Professional Development

Training/ Workshops Attended:

CIA Course, Technical Accountancy Est., Riyadh, K.S.A., 2011

CMA Course, Accountants and Auditors Association Egyptians, Riyadh, K.S.A, 2009.

SOCPA Course, Saudi Organization of cerrified Public Accountant, Riyadh, K.S.A, 2008

Workshop on 'Qawaem' electronic filing platform 'Zakat' Practical cases and examples, Osool Training Company, Riyadh, K.S.A, 2014

Workshop on Symosium on Forensic Accounting & Fraud Audit, Prince Sultan University in Riyadh, K.S.A., 2011

Workshop on Accounting Reports & Financial Analysis, Riyadh Chamber of Commerce & Industry in Riyadh, K.S.A, 2011

IT Skills: Sound knowledge and Proficient understanding of Windows, MS Office, and GP/Dynamic ax10/Scalah/Oracle Program.

Personal Details: Date of Birth: 27th Aug 1965 ~ Languages Known: English & Arabic ~ Nationality: Egyptian ~ Marital Status: Married ~ Passport Details: No. A22649937, vald till 14th May 2024 ~ Address: Riyadh, K.S.A ~ Location Preference: Saudi Arabia (Riyadh, Khobar, Jeddah ), Dubai ~ References: Available upon Request ~ Transferable Iqama: I Have

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