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Ahmed Farghal, Assistant Financial Controller

Ahmed Farghal

Assistant Financial Controller·Kering

Saudi Arabia

Bachelor's degree, Finance & Accounting

Work experience

Total years of experience: 14 years, 0 months

Assistant Financial Controller

January 2023 - Present

Kering

Riyadh, Saudi Arabia

January 2023 - Present

• Ensure that appropriate reporting, accounting systems, and internal control procedures are in place to enable
effective financial management of the business in line with statutory
• Provide complete and accurate financial reporting for the Middle East Finance Manager, which includes support
in budgeting, forecasting, and project evaluation
• Full ownership of monthly income statement preparation (P&L and Balance sheet). Provide monthly comments
on the variations vs last year and vs the forecast.
• Conduct variance analyses from the budget and the actuals and report significant issues and solve them
• Review of all monthly accruals, trial balance and accounting entries
• Collaborate with Kering shared services to ensure proper accounting and KSA tax management
• Ensure accurate and consistent reporting of all capital expenditure within the business
• Monitor cash flows and anticipate future trends
• Provide financial analyses as needed, in particular for capital investments and contract negotiations
• Prepare feasibility study for new projects
• Ensure compliance with statutory, track record of liaison with governmental departments in KSA
• Develop and document business processes to maintain and strengthen internal controls
• Identify and monitor potential business risk and deliver recommendations
• Liaise with internal/external auditors and banks
• Ensure that appropriate reporting and accounting systems, and internal control procedures are in place to
enable effective financial management of the business in line with statutory

Company industry:
Fashion & Apparel
Job role:
Finance and Investment

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Company industry:
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Branch Accounts Manager, Oracle

May 2012 - June 2013

Green Land Company (Americana Group)

Cairo, Egypt

May 2012 - June 2013

Company industry:
Food & Beverage Production
Job role:
Accounting and Auditing

Education

University

June 2011

June 2011

Bachelor's degree, Finance & Accounting

Egypt

Skills

AP Accountant

Expert

Banking

Expert

Budgeting

Expert

Credit Control

Expert

General Ledger

Expert

Accounts Receivable

Expert

SAP FI

Expert

Accounts Payable

Expert

Oracle

Intermediate

General Ledger

Intermediate

Banking

Intermediate

Financial Analysis

Intermediate

Credit Control

Intermediate

Reporting and Forecasting

Intermediate

Microsoft Office

Intermediate

Account Reconciliation

Expert

Budgeting and planning

Intermediate

Budgeting

Expert

Insurance

Expert

Languages

English

Expert

Arabic

Native Speaker

Training and Certifications

Certifications
CertificateOfCompletion_Excel Creating Business Budgets
Jan 2020
CertificateOfCompletion_Financial Accounting Part 2
Jan 2021
CertificateOfCompletion_Financial Accounting Part 1 NASBA
Jan 2021
CFI - Reading Financial Statements
Feb 2022
CFI - Accounting Fundamentals
Feb 2022
CFI - Corporate Finance Fundamentals
Apr 2022
CFA - Investment Foundations
Apr 2022
CFI - Introdauction to Banking
Apr 2022
CFI - Fundamentals of Credit
Apr 2022
CFI - Economics for Capital Markets
Apr 2022
Google - Project Management
Apr 2022

Hobbies and interests

Basketball
Chess