Muhammad Farouk Email & Phone Number

Dubai, United Arab Emirates

Analyzing financial data, trends, and performance metrics to provide insights into the financial health of the organization. This involves preparing financial models and forecasts based on past performance and future projections in addition to assisting in the preparation of budgets (OPEX & CAPEX) and conducting variance analysis to compare actual financial results against budgeted expectations. Identifying reasons for discrepancies and recommending corrective actions as needed, generating regular and ad-hoc financial reports for management, highlighting key performance indicators (KPIs), financial metrics, and trends. Ensuring accuracy and relevance of financial information presented in addition to providing support in strategic planning activities by conducting financial analysis to evaluate potential projects, investments, or business opportunities. Collaborating with other departments to align financial plans with overall business objectives, developing and maintaining financial forecasting models to predict future financial results. Incorporating economic, market, and industry trends into forecasts to provide actionable insights.

Dubai, United Arab Emirates

Launching Carrefour Business project in 2018, a one stop shop service to cover the needs of the HORECA industry and B2B customers while Implementing credit policy and procedures, Assist the management in identifying financial risks and propose relevant controls to minimize potential risks. Ensure adequate insurance cover to the agreed level of risk, ensure compliance with respect key insurance policy and help identify risks associated with cash handling, Review and evaluate customer credit application in line with company’s credit policy, liaise with credit insurer for obtaining credit insurance limits and complying with insurance conditions, Assess & analyze the credit history of all customers before approval of any exceptions, Review customer's creditworthiness analysis using intensive financial statements techniques, make recommendations to Management. Analyzing key costs and sales drivers, undertaking business case scenario analysis and supporting leaders by providing insights on strategies, risks and opportunities, Review and report on Aged Debtors, ensuring timely payment, following up payments as needed, responding to relevant client inquiries, regularly reviewing the process and procedures to reduce debtor days.

Dubai, United Arab Emirates

Oversees reports regarding cash flow, ensures correct payments are made in a timely manner. Develops guidelines for proper handling and coding of invoices to maintain general ledger expense account and inventory records. Analyzes expense reports and other invoices for accuracy and eligibility for payment. Performing supplier balance confirmation every quarter in addition to the SOA reconciliation