Ahmed Farouk

Ahmed Farouk Email and Phone Number

Financial Accounting Supervisor @ Saudi Iwaa For Residential Compounds
Jeddah, SA
Ahmed Farouk's Location
Jeddah, Makkah, Saudi Arabia, Saudi Arabia
Ahmed Farouk's Contact Details

Ahmed Farouk personal email

About Ahmed Farouk

“As an accomplished accounting manager with a proven track record spanning 14+ years, my mission is to drive financial excellence within organizations. I aim to leverage my strategic mindset, leadership acumen, and deep understanding of accounting principles to optimize financial processes, enhance compliance, and foster growth. My commitment to accuracy, team collaboration, and continuous improvement positions me to contribute significantly to an organization’s success.”

Ahmed Farouk's Current Company Details
Saudi Iwaa For Residential Compounds

Saudi Iwaa For Residential Compounds

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Financial Accounting Supervisor
Jeddah, SA
Website:
saudiiwaa.com
Employees:
33
Ahmed Farouk Work Experience Details
  • Saudi Iwaa For Residential Compounds
    Financial Accounting Supervisor
    Saudi Iwaa For Residential Compounds
    Jeddah, Sa
  • Utility Saudi For Trade, Contracting And Transportation Co. Ltd.
    Director Of Accounting
    Utility Saudi For Trade, Contracting And Transportation Co. Ltd. Dec 2019 - Present
    Jeddah, Makkah, Saudi Arabia
    Led a team of accounting professionals to successfully close monthly financials and ensure accurate financial reporting.Developed and implemented strategic financial plans to drive business growth and improve profitability.Managed all aspects of budgeting, forecasting, and financial analysis to support decision-making.Collaborated with cross-functional teams to optimize processes and streamline financial operations.Oversaw external audits and ensured compliance with regulatory requirements.Collaborated with external auditors during annual audits.Developed and implemented strategic financial plans to drive business growth.Managed relationships with stakeholders and provided financial insights for decision-making.
  • Saudi Iwaa For Residential Compounds
    Financial Accounting Supervisor
    Saudi Iwaa For Residential Compounds Dec 2019 - Present
    Jeddah, Makkah, Saudi Arabia
    Managed financial reporting and analysis for a Fortune 6 companies.Prepared monthly financial statements and forecasts for senior managementCompleted audits and ensured compliance with GAAP standardsLed budgeting and forecasting process for a mid-sized organizationDeveloped financial models to support strategic decision-makingCollaborated with cross-functional teams to streamline financial processesAnalyzed variances and identified cost-saving opportunitiesImplemented internal controls to mitigate financial risksSet-up new customers in the Enterprise Resource Planning (ERP) system.Download customer invoices from all our affiliated group of companies.Accounts Receivable:Reconcile customer statements and correct discrepancies as necessary.Support financial statement audit.Assist in month-end financial statement close.Support other accounting projects, as necessary.Prepares accounting and financial reports for monthly, quarterly and year-end financial packages and financial statements including recording, classifying, and summarizing financial transactionsCommunicate the requirement of the external & internal audit inquiries.Recording transactions and posting of journals to the ledge, reviewing and approving the journal entries. This also includes managing all accounts within accounts receivable.Accounts Payable:Review invoices to ensure that all the information appearing on them is accurate and complete.Verify that payable transactions comply with financial policies and procedures.Process transaction reports (aging, payment, etc.) after data entry.Maintain listing of accounts payable.Reconcile vendor statements and make corrections of discrepancies.Assist in month-end financial statement close.Prepares accounting and financial reports for monthly, quarterly and year-end financial packages and financial statements including recording, classifying, and summarizing financial transactions.
  • Jana Al-Bait For Umrah Services
    Financial &Information Systems Manager
    Jana Al-Bait For Umrah Services Mar 2018 - Dec 2019
    Al-’Awali, Makkah Region, Saudi Arabia
  • Al-Jumaie Bussiness Group
    Senior Accountant
    Al-Jumaie Bussiness Group Apr 2014 - Dec 2019
    Mecca, Saudi Arabia
    editing the annual budgets managing daily financial operations (credit, debt, etc) crediting the clients balances & bank balances. reporting the management about the annual results of the financial statement. pricing the currencies in the exchange est. & dealing with clients. managing daily operations in currency exchange Est.& sending & receiving Cheques & credit transfers.*Established and managing 3 other organizations in three different sectors beside my work in money exchange:1- Abyat Al-naseem hotels chain in Makkah,Saudi Arabia financial manager (establishment & management).2- Jana Al-Bayt Umrah services Makkah,Saudi Arabia operation manager(establishment & management).3- Mostakabal Almashaaer for pilgrims and tourists transportation Co. (establishment).Plus+Document keeping. HR management. Finishing governmental procurement.
  • Al-Jumaie Bussiness Group
    Chief Accountant
    Al-Jumaie Bussiness Group Apr 2014 - Nov 2019
    Mecca, Saudi Arabia
  • Kfc Egypt
    Assistant Restaurant Manager
    Kfc Egypt Sep 2013 - Apr 2014
    Giza, Egypt
    Managed daily operations of a fast-paced restaurant, overseeing staff and ensuring customer satisfaction.Developed and implemented strategies to increase sales and profitability.Hired, trained, and supervised a team of employees, fostering a positive work environment.Created and maintained budgets, controlled costs, and implemented cost-saving measures.Handled customer complaints and resolved issues in a professional and efficient manner.Collaborated with vendors to procure supplies and maintain inventory levels.Ensured compliance with food safety and sanitation standards.Worked closely with management to develop and execute marketing initiatives to drive business growth.
  • Abo Fares Syrian Foods Co.
    Cost Control & Main Store Supervisor
    Abo Fares Syrian Foods Co. Mar 2012 - Aug 2013
    Alexandria, Egypt
    Managed financial reporting and analysis for a multi-Million Pounds company.Oversaw budgeting process and forecasting for a large finance department.Led team of accountants in month-end close activities.Implemented new accounting software to streamline processes and increase efficiency.Created and maintained internal controls to ensure compliance with regulations.Developed and implemented strategic financial plans to drive business growth.Managed cost analysis and reporting for multiple projects in construction industry.Collaborated with project managers to identify cost savings opportunities and efficiencies.Monitored project expenses and prepared financial reports for management review.Negotiated with vendors to secure competitive pricing and reduce project costs.Utilized cost estimating software to create accurate project budgets and forecasts.Conducted regular cost audits to ensure compliance with financial guidelines and regulations.Implemented cost tracking procedures to monitor project spending and variances.cost accounting And Cost control of the 4 branches & main store at the HQ> super vising the main store supplying operations, Dealing with vendors in the quantities of the incoming goods. work on a post per-paired program of controlling the cost of the organization . managing a store keeper, 2 assistant store keepers& 4 workers
  • Benaya For Investment & Real-Estate Development
    Real Estate Sales
    Benaya For Investment & Real-Estate Development Oct 2011 - Feb 2012
    Alexandria, Egypt
    Managed a portfolio of high-end residential properties for a luxury real estate firm.Developed and implemented strategic marketing plans to increase property visibility and attract potential buyers.Conducted market research to identify trends and opportunities in the real estate market.Collaborated with a team of agents to coordinate property showings and open houses.Provided exceptional customer service to clients throughout the buying and selling process.Prepared and reviewed contracts and legal documents related to real estate transactions.Maintained a strong network of industry contacts and referral sources to generate new business opportunities.
  • Confidential Company Iii
    Director Of Finance
    Confidential Company Iii Sep 2010 - Sep 2011
    Alexandria, Egypt
    supervisor for the construction work and the contracting work . the project finance manager . cost control.
  • Gad Restaurants
    Shift Manager
    Gad Restaurants Jun 2008 - Nov 2009
    North Coast, Alexandria,Egypt
    shift manager for a 12 hrs. shiftpreparing the final statement of every day of workmanaging supplierssalaries paymentrecruitment quality assurance of (cleaning-goods-services-food & beverage ) receiving the customer complaints and detect its causes.reports to the HQ for pricing & renewals.

Ahmed Farouk Skills

Budgets Financial Analysis Management Forecasting Strategic Planning Financial Reporting Microsoft Office Analysis Negotiation Teamwork Accounting Managerial Finance Microsoft Word Business Planning Internal Controls Leadership Cash Flow Change Management Financial Accounting Cost Accounting Microsoft Excel Business Strategy Team Building Accounts Payable Accounts Receivable General Ledger Risk Management Training Corporate Finance Project Planning Financial Planning Internal Audit Budgeting Customer Service Project Management Financial Modeling Sales Payroll Marketing Contract Negotiation Public Speaking Strategy Research Tax Team Management Team Leadership Time Management Finance Auditing Erp Software

Ahmed Farouk Education Details

Frequently Asked Questions about Ahmed Farouk

What company does Ahmed Farouk work for?

Ahmed Farouk works for Saudi Iwaa For Residential Compounds

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

Ahmed Farouk's current role is Financial Accounting Supervisor.

What is Ahmed Farouk's email address?

Ahmed Farouk's email address is a.****@****ail.com

What schools did Ahmed Farouk attend?

Ahmed Farouk attended Alexandria University.

What are some of Ahmed Farouk's interests?

Ahmed Farouk has interest in Hi Tech.

What skills is Ahmed Farouk known for?

Ahmed Farouk has skills like Budgets, Financial Analysis, Management, Forecasting, Strategic Planning, Financial Reporting, Microsoft Office, Analysis, Negotiation, Teamwork, Accounting, Managerial Finance.

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