Ahmed Farouk

Ahmed Farouk Email and Phone Number

Financial Controller - Middle East and Africa @ Wilo Group
United Arab Emirates
Ahmed Farouk's Location
United Arab Emirates, United Arab Emirates
About Ahmed Farouk

Finance professional with over 15 years of experience in financial management, reporting, risk assessment, and business support. Expertise in overseeing finance operations, management reporting, planning, treasury, internal control, and risk management. Proven ability to drive strategic financial decisions, optimize processes, and ensure compliance in multinational environments.I hold a Bachelor's degree in Accounting and a Master of Science in International Accounting & Finance from Heriot-Watt University. I am a certified CPA, CMA, and CIA from the USA. Currently pursuing an Executive Master of Accounting at the University of Cambridge.Proficient in financial systems such as SAP, Navision, QlikView, Risk to Chance (R2C), MPC, Treasury Management 5 (TM5), Tagetik, Tableau, Python, and Power BI. Passionate about continuous improvement and committed to driving financial excellence. Thrives in dynamic environments and excels in collaborating with cross-functional teams to achieve organizational goals.

Ahmed Farouk's Current Company Details
Wilo Group

Wilo Group

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Financial Controller - Middle East and Africa
United Arab Emirates
Ahmed Farouk Work Experience Details
  • Wilo Group
    Financial Controller - Middle East And Africa
    Wilo Group
    United Arab Emirates
  • Wilo Group
    Financial Controller - Middle East & Africa
    Wilo Group Apr 2024 - Present
    Dubai, United Arab Emirates
  • Wilo Group
    Financial Controller - Mena
    Wilo Group Sep 2018 - Mar 2024
    Dubai, Uae
    • Provide strategic financial leadership and business support• Develop and execute the regional financial strategy aligned with the company's overall objectives.• Oversee financial planning, budgeting, and forecasting processes for the region.• Manage and optimize working capital across different areas and subsidiaries.• Drive financial analysis and evaluations of investment opportunities to support growth initiatives.• Support expansion and localization plans, including the launch of new products or establishment of new factories.• Ensure compliance with regional regulations, accounting standards, and tax requirements.• Monitor financial performance, KPIs, and key business metrics, providing insights to senior management.• Implement effective financial controls, policies, and procedures to mitigate risks.• Collaborate with cross-functional teams to enhance operational efficiency, drive cost optimization and sustain growth.• Prepare and present accurate and timely financial reports, including monthly/quarterly management reports and board presentations.• Support strategic decision-making through financial modelling, scenario analysis, and business case development.• Manage relationships with external stakeholders, including auditors, banks, and regulatory authorities.• Lead and mentor a high-performing finance team, fostering a culture of continuous improvement and professional development.• Work closely with global finance leadership to align regional financial activities with corporate strategies.
  • Wilo Group
    Financial Controller - Middle East
    Wilo Group May 2011 - Aug 2018
    Dubai, United Arab Emirates
    • Manage company accounts, budgets, and financial activities to meet the information needs of management and statutory bodies.• Perform monthly reviews and checks on balance sheet and profit and loss accounts to ensure accuracy and integrity of accounting figures.• Prepare and complete Month End Management Accounts and Group Accounts • Coordinate Year End Audit/Accounts to ensure timely completion of all relevant Group and Statutory reports.• Identify and assess risks across the Group, obtaining management agreement on key controls and control issues.• Develop long-range financial forecasts, budgets, and perform variance analysis.• Prepare Monthly/Annual Budget reports for local management and reporting to the Group.• Prepare Quarterly/Annual Treasury and Liquidity Plans.• Assist the Managing Director in overall company management.
  • Morgan International
    Finance Instructor
    Morgan International Jul 2010 - Dec 2017
    Dubai, Uae
    • Instructed CMA, CIA, and CPA courses.• Prepared and presented class materials and topics with thoroughness and competence.• Demonstrated confidence, professionalism, and an engaging personality.• Provided examples and explanations to enhance understanding of the subject matter.• Reviewed class problems and solutions with students.• Responded knowledgeably to students' questions and concerns both in and outside of the classroom.• Managed class time effectively to ensure timely completion of the review course material.• Encouraged students to complete homework assignments and engage in exam preparation.• Followed up with students to ensure their readiness for the exams through homework and revision.
  • Pwc'S Academy Middle East
    Finance Instructor
    Pwc'S Academy Middle East Jan 2015 - Dec 2015
    Dubai, United Arab Emirates
    • Instructed CMA and CIA courses.• Prepared and presented class materials and topics with thoroughness and competence.• Demonstrated confidence, professionalism, and an engaging personality.• Provided examples and explanations to enhance understanding of the subject matter.• Reviewed class problems and solutions with students.• Responded knowledgeably to students' questions and concerns both in and outside of the classroom.• Managed class time effectively to ensure timely completion of the review course material.• Encouraged students to complete homework assignments and engage in exam preparation.• Followed up with students to ensure their readiness for the exams through homework and revision.
  • Al-Futtaim Motors
    Branch Accountant
    Al-Futtaim Motors Aug 2010 - May 2011
    Abu Dhabi, Uae
    • Ensured compliance with accounting and control procedures and policies in the branch.• Authorized all in-house sales and credit customers, including government sales.• Monitored daily sales reports, credit invoices, open sales cases, and sales returns.• Processed refund requests in accordance with company policy.• Collaborated with AFSS and provided financial support as needed.
  • Patchi Llc
    Financial Accountant
    Patchi Llc Nov 2008 - Jul 2010
    Dubai, Uae
    • Managed and reviewed operations for 8 out of 22 Patchi outlets in UAE.• Prepared monthly operational reports for sales operations.• Ensured adherence to company policies and internal control procedures by outlet staff.• Resolved accounting-related issues faced by cashiers and branch managers.• Conducted bank reconciliations and made necessary adjusting entries.• Prepared and posted necessary entries and adjusting entries to the General Ledger.• Conducted periodic reviews to ensure policy compliance at branches.

Ahmed Farouk Education Details

Frequently Asked Questions about Ahmed Farouk

What company does Ahmed Farouk work for?

Ahmed Farouk works for Wilo Group

What is Ahmed Farouk's role at the current company?

Ahmed Farouk's current role is Financial Controller - Middle East and Africa.

What schools did Ahmed Farouk attend?

Ahmed Farouk attended University Of Cambridge, Edinburgh Business School, Heriot-Watt University, Tanta University.

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