CFO / Finance Manager
Accomplished Finance Director with over 18
years of expertise in financial management,
planning and analysis, financial and
management accounting, cost control,
budgeting, auditing, and ERP system
integration. Strong work experience across
sectors such as real estate, investment,
contracting, manufacturing, retail, audit, and
consulting. Also, a lecturer and advisor contributing to startups. Skilled in strategic foresight, team leadership, and process optimization with a focus on profitability and efficiency.
SKILLS
Financial Strategy Financial Management Budgeting and Forecasting Cash Flow Management Financial Analysis
Cost Management Cost Controlling Internal Controlling Financial Modeling Strategic Planning ERP Systems Risk Management Financial Reporting Compliance Management Financial Regulations Credit Management Treasury Management Decision Making Business Development Internal Auditing Stakeholder Communication Budget Control Feasibility Studying Investment Planning Zakat and Tax Reporting Tax Management Team Leadership.
ACHIEVEMENTS
Financial Governance Regulatory Compliance
Created and improved financial policies, processes, and internal controls, increasing financial integrity and accuracy by 30% and ensuring regulatory compliance and financial governance. Budget Accuracy Strategic Planning
Led the development and implementation of detailed budget models across departments, enhancing budget accuracy by 30% and supporting strategic decision-making with timely financial analysis.
Financial Reporting ERP Implementation
Optimized the financial reporting process by implementing advanced ERP systems and automating data collection, resulting in a 200% increase in report generation, a 50% reduction in preparation time.
Forecast Modeling Predictive Analytics
Overhauled the company’s financial forecasting model by integrating predictive analytics, resulting in a 25% increase in forecast accuracy and improved revenue predictions. WORK EXPERIENCE
Finance Director FTG Development
(03/2022 – Present) Saudi Arabia
Generate precise financial reports that aid strategic decision-making, ensuring these documents reflect an accurate and timely depiction of the company's fiscal health and operational performance. Spearheaded the development and implementation of robust financial policies and protocols, tailoring procedures to enhance the operational efficiency and accountability of the company.
Oversee the design and maintenance of comprehensive documentary cycles, streamlining processes to ensure maximum effectiveness and stringent control tailored to our strategic objectives. Develop and optimize the company’s internal control systems to guarantee their effectiveness, conducting periodic reviews to optimize authority delegation and functional authority segregation for improved governance. Conduct in-depthfinancial analyses for periodic statements, identifying trends and providing strategic recommendations to enhancefinancial performance and resource allocation. Business modeled new investments, projects, and opportunities, studied their feasibility, budget, profitability, and overall impact on the company, closely monitored their implementation, analyzed deviations, and addressed them to return to the master plan.
Lead the plan, preparation, and submission of corporate income tax, VAT, and regulatory filings, keeping abreast of legislative changes to ensure full compliance while optimizing the company's financialposition. Maintain rigorous adherence to industry standards and internal guidelines across all financial transactions, ensuring accurate alignment with established accounting principles and fostering transparent reporting mechanisms. Ayman Farouk Eldakrouri
Egyptian, Male,
DOB: 17 DEC 1986
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Riyadh, KSA
https://www.linkedin.com/in/
aymanfaroukeldakrouri/
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Finance and Accounting Manager Guarantee Business Contracting Company
(04/2020 - 02/2022) Saudi Arabia
Produced and disseminated detailed monthly, quarterly, and annual financial reports, furnishing critical insights and actionable recommendations to steer cost and liquidity management practices and uphold the company’s fiscaldiscipline. Spearheaded the process of cost identification, routinely generated standard costs, actual costs, and variance analysis reports, and furnished comprehensive cost analysis insights along with strategic recommendations for cost controlling. Developed and refined a robust cost control system by integrating advanced techniques for cost management, tailoring these systems to align seamlessly with ongoing business activities, and boosting efficiency in cost control and resource allocation.
Led a thorough overhaul of the accounting framework, meticulously segregating expenditures to enhance cost tracking and precise allocation across various projects, products, and operational facets, reinforcing financial clarity. Developed a strategic budget for the company for five years and an annual budget after training the company’s management and its departments to participate in its preparation, monitored its actual results, and analyzed and addressed variations, which supported the process of forecasting the future of the company’s projects and performance. Developed a KPI system to improve the efficiency of all the activities and performance of the company and its operations, highlighting the strengths and weaknesses of the company's accurate SWAT analysis.
Accounting Manager and Cost Controller Thermal Pipes Factory TPF.
(02/2019 - 03/2020) Saudi Arabia
Sr. Accounts Receivable Accountant TMH International Group.
(10/2017 - 01/2019) Saudi Arabia
Payables Accountant Alkhorayef Water & Power Technologies.
(12/2014 - 09/2017) Saudi Arabia
Accountant GW Travel Agency.
(08/2012 - 11/2014) Egypt
Auditor A. Al-Desouky Professional Chartered Accountants.
(11/2009 - 07/2012) Egypt
Accountant Pure Computer & Technologies Company.
(08/2007 - 10/2009) Egypt
EDUCATION
Bachelor of Commerce, Accounting Mansoura University.
(2003 – 2007) Egypt
C Qualifications & Memberships
ACCA - Association of Chartered Certified Accountants Membership Number: 3932791
SOCPA - Saudi Organization for Chartered and
Professional Accountants
Membership Number: 41978
CMA - Institute of Management Accountants IMA
Membership Number: 1154987
IPA - Institution of Professional Accountants
Oracle Financials R12 Implementer - New Horizon ICDL - ECDL Foundation TECHNICAL SKILLS
ERP Systems Oracle, SAP, Odoo, Microsoft Dynamics, QuickBooks, Peachtree, and many other ERP systems. Client Software Advanced user of MS Excel, Outlook, PowerPoint, Word, Access, Publisher, Project, Visio, and similar applications. LANGUAGES
Arabic
Native or Bilingual Proficiency
English
Full Professional Proficiency