Finance Director
Resume:
Professional Experiences
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Education & Training
Ayman Farouk Ahmed Eldakrouri
Finance Director
ad4vhh@r.postjobfree.com
www.linkedin.com/in/ayman-farouk-eldakrouri-702b6196 For an updated CV or to view my Certificates, Expertise and References.
EGYPTIAN, MALE, DOB: 17/12/1986.
• Bachelor of commerce majoring in accounting from Mansoura University, Egypt. Graduation year: 2007. Cumulative grade: Good.
• Currently working on getting my ACCA qualification Association of Chartered Certified Accountants UK. Reference Number: 3932791.
• CMA Certified Management Accountant part 1&2 old system. RN: 1154987.
• SOCPA membership NO: 41978.
• Certified Oracle Implementer and advanced user of various ERP systems such as SAP, Odoo, Microsoft Dynamics, QuickBooks, Peachtree, and many others with full ability to implement it in companies from scratch. An advanced user of all Microsoft Office applications.
• (Current) Finance Director at FTG Development. (Saudi Arabia)
• (4/2020:2/2022) As a Finance and Accounting Manager at Guarantee Business Contracting Company. (Saudi Arabia)
• (2/2019: 3/2020). As a Chief Accountant and Cost Controller at Thermal Pipes Factory TPF. (Saudi Arabia)
• (10/2017: 1/2019). As a Sr Accounts Receivable Accountant at TMH International Group. (Saudi Arabia)
• (12/2014: 9/2017). As a Payables Accountant at Alkhorayef Water & Power Technologies. (Saudi Arabia)
• (8/2012:11/2014). As an Accountant at GW Travel Agency. (Egypt)
• (11/2009:7/2012). As Auditor at Ahmed A. Al-Desouky Professional Chartered Accountants & Experienced Financial Consultants. (Egypt)
• (8/2007:10/2009). As an Accountant at Pure Computer & Technologies Company. (Egypt)
4-2
Professional Skills
• First: Financial Accounting Tasks:
• Setting and developing the financial policies and internal procedures for the company and defining the functional duties of the Accounts and Finance Department and its members.
• Setting the documentary cycles among the company, defining its steps and the authorities, duties, and the added value of each step, and ensuring their suitability of the company’s business and achieving the necessary control, effectiveness and efficiency.
• Ensuring that all financial operations carried out in the company match with the professional standards and with the approved company's procedures and policies and that all of them are directed and reported in the right accounting principles.
• Establishing and reviewing the company's internal control system, ensuring its efficacy and effectiveness, reviewing and reporting on the delegation of authority and segregation of duties and its influence on the internal control system.
• Providing financial reports in an accurate timely manner with a suitable understandable faithful representation for supporting the decision-making process.
• Preparing the monthly, quarterly and annual financial statements and their complete financial analysis and comparison between the different periods and giving the needed recommendations.
• Cooperating with certified public accounting auditors in issuing the final approved financial statements.
• Preparing and submitting tax, VAT, and zakat reports according to the relevant laws and regulations following the updates that occur on them.
• Ensure that all aspects of the accounting tasks from general ledger, accounts payable, accounts receivable, cash and cash custodies, bank accounts and bank reconciliations, inventory, fixed assets, payroll and HMRC reporting, insurance and other advance accounts and its reconciliations, taxes, costing and budgeting, etc. are accurate and treated with the best practice according to the standards.
• Manage and analyze the liquidity and cash flows to allow the company to perform its business with the necessary efficiency and fulfill its responsibilities. Language
• Arabic: Native.
• English: Fluent
• Passed an advanced level in English conversation and in Business in English courses with final grade A.
4-3
Professional Skills
• Managing the relationship with banks and other financial entities for borrowing agreements and banking facilities with a continuous assessment for maintaining the suitable limits and best conditions.
• Managing the financial relationship with the company’s debtors and creditors and ensuring the implementation of necessary controls over all kinds of the company’s assets.
• Perform internal audit whenever necessary, coordinate all auditing activities.
• Training and continuous development of the performance of accounts department employees, providing the needed advice and support to ensure that all the needed tasks are fulfilled in a relevance, faithful representation, comparable, verifiable, and timeliness manner.
• Establishing and implementing human resource policy.
• Implementing the ERP systems to ensure the integrity of their output and the provision of the needed data to databases to properly produce accurate reports.
• Review and ensure the accuracy of the financial data provided by all the company departments to make sure that the financial statements correctly reflect the company's financial position.
• Second: Cost Accounting Tasks:
• Developing comprehensive cost systems appropriate for the company's activity and applying the latest approved techniques for costing and cost control.
• Rehabilitation of the company's accounting system and its documentary cycles to separate costs in the manner necessary for cost tracking and allocation for each activity, product, project, etc.
• Accurately identifying costs and cost drivers, providing standard cost reports for approval and monitoring the actual performance, analysis of variances, producing the full set of cost reports, and recommendations for updating standard costs.
• Provide value-adding chain analysis, identify the value-adding and non-value- adding activities, giving reduction recommendations their costs.
• Providing monthly, quarterly, and annual cost reports with their analyzes and recommendations.
• Setting the cost control system after discussing it with the concerned departments and approving it by the management, applying the needed periodic updates on it.
• Monitor & review plant operations, product margins, process losses, capacity utilization, operational efficiency, cost allocations, stock levels, maintenance costs, etc.
4-4
Professional Skills
Personal Skills
• Determine break-even for products, activities, and projects providing the information needed for pricing processes and profitability levels.
• Financial evaluation of marketing campaigns, sales policies, and commission calculation policies and their impact on the company's profitability.
• Third: Management Accounting and Budgeting tasks:
• Discussing the company’s strategic plan with management, determining the steps for its implementation, setting a time plan for it, making the necessary adjustments after the market plan, the company's capabilities, its competitive advantages, and making a SWOT analysis to determine strengths, weaknesses, opportunities, threats.
• Create budget models and forms suitable for the entire company.
• Coordinating between the company's departments, providing the necessary explanation, training, and support for preparing the budget, and ensuring the availability of sufficient details and data for setting an accurate budget.
• Reviewing the correctness, accuracy and completeness of the budget and make the necessary adjustments to complete the budget and submit it to the management for approval with the needed explanations.
• Measuring actual performance, analyzing deviations, accessing their causes, providing the necessary recommendations, and making updates as necessary.
• Providing periodic reports on the percentage of completion of the comprehensive plan matching with time schedules.
• Preparing the company KPIs and reporting.
• Preparing any other Adhoc reports needed for decision making process.
• Undertake cost-benefit analysis for financial opportunities.
• Preparing business plan for five years and making the necessary update of the plan according to any material changes in the business or the regulations which may affect forecasts
• Conducting the necessary feasibility studies for the company's future projects, expansion plans, and new products.
Management Skills Strategic Thinking Organizational Skills Decision Making Skills Business Communication Skills Effective Listening Skills Creative Thinking Skills Analytical Skills Problem Solving Skills Negotiating Skills Time Management Skills Responsibility, Reliability and Multi-Tasking Skills Teamwork Skills Leading Skills Teaching and Training Skills Quick Learning skills Effective Study Skills Computer Skills Self-Motivation Skills.
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