Dedicated and results-driven Accounting Manager with over [10 years] of experience in financial management, budgeting, and compliance within the software industry & construction. Adept at implementing robust accounting processes, ensuring regulatory adherence, and leading highperforming teams. Seeking a challenging role to contribute financial expertise and drive excellence in financial operations.
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Accounting ManagerRobot ContractingAlexandria, Eg -
Accounting ManagerDgtera Mar 2024 - PresentSaudi Arabia -
Accounting ManagerArabia Holding Nov 2023 - Mar 2024Cairo, Egypt1. Financial Reporting:Ensure accurate and timely preparation of financial statements.Implement and maintain robust financial reporting processes.Provide clear and insightful financial analysis to support decision-making.2. Compliance and Regulatory Adherence:Stay updated on accounting standards and ensure compliance.Manage audits smoothly, ensuring all documentation is prepared and available.Implement and maintain internal controls to prevent financial discrepancies.3. Budgeting and Forecasting:Collaborate with departments to develop accurate budgets.Monitor budget variances and provide explanations as needed.Work on long-term financial planning and forecasting.4. Cash Flow Management:Implement effective cash management strategies.Monitor cash flow and recommend adjustments as needed.Optimize working capital to ensure liquidity.5. Tax Management:Ensure compliance with tax regulations and deadlines.Optimize the company's tax position through strategic planning.Work with external tax advisors to minimize tax liabilities.6. Team Leadership and Development:Develop and lead a high-performing accounting team.Provide ongoing training and professional development opportunities.Foster a positive and collaborative work environment.7. Vendor Management:Evaluate and negotiate contracts with vendors.Monitor vendor performance and costs.Identify opportunities for cost savings and efficiency improvements.8. Risk Management:Identify financial risks and implement strategies to mitigate them.Develop and maintain a risk management framework.Stay informed about industry trends and potential financial challenges.9. Communication and Collaboration:Foster effective communication with other departments.Collaborate with cross-functional teams on financial initiatives.Provide financial insights to support strategic decision-making. -
Accounting ManagerArabia Holding Nov 2023 - Mar 2024Cairo, Egypt -
Head Of SectionAndalusia Engineering Services Mar 2022 - Oct 2023Cairo, Egypt1. Financial Reporting:Ensure accurate and timely preparation of financial statements.Implement and maintain robust financial reporting processes.Provide clear and insightful financial analysis to support decision-making.2. Compliance and Regulatory Adherence:Stay updated on accounting standards and ensure compliance.Manage audits smoothly, ensuring all documentation is prepared and available.Implement and maintain internal controls to prevent financial discrepancies.3. Budgeting and Forecasting:Collaborate with departments to develop accurate budgets.Monitor budget variances and provide explanations as needed.Work on long-term financial planning and forecasting.4. Cash Flow Management:Implement effective cash management strategies.Monitor cash flow and recommend adjustments as needed.Optimize working capital to ensure liquidity.5. Tax Management:Ensure compliance with tax regulations and deadlines.Optimize the company's tax position through strategic planning.Work with external tax advisors to minimize tax liabilities.6. Team Leadership and Development:Develop and lead a high-performing accounting team.Provide ongoing training and professional development opportunities.Foster a positive and collaborative work environment.7. Vendor Management:Evaluate and negotiate contracts with vendors.Monitor vendor performance and costs.Identify opportunities for cost savings and efficiency improvements.8. Risk Management:Identify financial risks and implement strategies to mitigate them.Develop and maintain a risk management framework.Stay informed about industry trends and potential financial challenges.9. Communication and Collaboration:Foster effective communication with other departments.Collaborate with cross-functional teams on financial initiatives.Provide financial insights to support strategic decision-making. -
Senior AccountantAndalusia Engineering Services May 2021 - Mar 2022مصر -
Senior AccountantEl Mohaned For General Construction Oct 2016 - May 2021الاسكندرية مصر1. Financial Reporting:Objective: Ensure accurate and timely preparation of financial statements in compliance with accounting standards.Key Results:Achieve a monthly close process within [15] days.Implement rigorous review procedures to minimize errors in financial reports.2. Team Leadership:Objective: Provide leadership and guidance to the accounting team.Key Results:Conduct regular team meetings to communicate goals and expectations.Foster a collaborative and positive work environment.3. Budgeting and Forecasting:Objective: Collaborate with department heads to develop and monitor budgets.Key Results:Achieve a [95]% accuracy rate in budget vs. actual analysis.Implement a forecasting model to enhance financial planning.4. Process Improvement:Objective: Identify and implement process improvements to enhance efficiency.Key Results:Streamline accounts payable and receivable processes.Integrate automation tools to reduce manual tasks.5. Internal Controls:Objective: Strengthen internal controls to prevent fraud and ensure compliance.Key Results:Conduct periodic internal audits to assess control effectiveness.Implement new controls in response to changing business processes.6. Financial Analysis:Objective: Provide insightful financial analysis to support decision-making.Key Results:Generate monthly variance analysis reports for management review.Develop key performance indicators (KPIs) to track financial performance.7. Training and Development:Objective: Facilitate training programs for staff development.Key Results:Implement a training plan to enhance the team's technical skills.Encourage staff participation in relevant professional development activities.8. Vendor Management:Objective: Optimize vendor relationships and contract negotiations.Key Results:Review vendor contracts for cost-saving opportunities.Ensure compliance with vendor agreements and service levels.
Farouk Mohamed Education Details
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مقبول
Frequently Asked Questions about Farouk Mohamed
What company does Farouk Mohamed work for?
Farouk Mohamed works for Robot Contracting
What is Farouk Mohamed's role at the current company?
Farouk Mohamed's current role is Accounting Manager.
What schools did Farouk Mohamed attend?
Farouk Mohamed attended Alexandria University.
Who are Farouk Mohamed's colleagues?
Farouk Mohamed's colleagues are Owonikoko Amoo, Ahmed Saied, Teepu Sultan, Muhammad Azeem, Seif Moussa, Raja Saddabahar, Ihab Moussa.
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Farouk mohamed
Egypt -
Farouk Mohamed
Offshore Rotating Equipment Engineer At Gupco Via (Egyptian Maintenance Co. Contract)Cairo, Egypt -
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