احمد فاروق, Group CFO

احمد فاروق

Group CFO

Korek Telecom

البلد
الإمارات العربية المتحدة - أبو ظبي
التعليم
الثانوية العامة أو ما يعادلها, Business Administration
الخبرات
27 years, 8 أشهر

مشاركة سيرتي الذاتية

حظر المستخدم


الخبرة العملية

مجموع سنوات الخبرة :27 years, 8 أشهر

Group CFO في Korek Telecom
  • العراق - اربيل
  • أشغل هذه الوظيفة منذ سبتمبر 2021

09/2021-/Present:
Title: Group Chief Financial Officer
Company: KOREK Mobile Operator
Business Type & Size: Telecom - (2.4 Billion US$)
Business Place: Erbil -Kurdistan-Iraq
Reporting to: The Company CEO
Area of Responsibility: Finance

Vice President Finance في Western Bainoona Group
  • الإمارات العربية المتحدة - أبو ظبي
  • أشغل هذه الوظيفة منذ يونيو 2017

09/2017-09/2021:
Title: Group Vice President Finance
Company: Western Bainoona Group
Business Type & Size: General Contracting and Industrial - (3.4 Billion AED)
Business Place: Abu Dhabi - UAE
Reporting to: The Company Share Holders.
Area of Responsibility: Finance -HR -Admin and IT.

PROFESSIONAL MILESTONES
Group Vice President Finance, Supervising Group All Finance Activities and representing the Share Holders in Top Management and Strategic Financial and Business Decisions

Group Chief Financial Officer في Urbacon Construction and Trading Group UCC
  • قطر - الدوحة
  • يناير 2014 إلى يناير 2017

Title: Group Construction Chief Financial Officer
Company: Power Holding-UCC
Business Type & Size: Holding Group (Manufacturing/Contracting/Retail/Hospitality)-(22 Billion QR yearly turnover projects)
Business Place: Qatar & GCC countries
Reporting to the Holding Group Share Holders
Area of Responsibility: Group Finance -Treasury -Investment -Merge and Acquisition and Strategic Planning Department.
PROFESSIONAL MILESTONES
2- Reversed a failing transition of external Auditors TAG to achieve group financial statements for 12 contracting companies and selected E&Y as new external auditors
3- Creation of a series of Strategic Top Management Financial Reports and Budgeting all projects along with evolution of a complete Cash Flow Module, which impacted positively on the Group Decision Making.
4- Worked on Rebuild and Unified the ERP system using new Successful implementation of ORACLE Fusion system for the construction Industry Sector.
5- Working as the Project Pilot of the Initial Public Offering (IPO) going on, assuring the readiness in cooperation with the evaluators (Deloitte) and the external IPO Leaders, consultants (EFG Hermes and GP Morgan Banks) also prepare all the internal environment financially to IPO going on for the group.
6- Supervising Building a solid Business Plan for the next Five years for the group of Companies Financially with a solid Cash Flow forecasting.

Country Financial Director في ORASCOM Construction
  • المملكة العربية السعودية - جدة
  • يناير 2010 إلى يناير 2014

I’m reporting to the Group CFO and to the Saudi Arabia CEO. Managing Financial Departments of around 7 Billion SAR yearly turnover, in Strategic State projects.
Selected Brief Achievement:
Re issuance of the Financial Policies within the company and assure its implementation, coincide with the Local Financial Standards IFRS.
Develop new collection strategy in result a decrease of receivables by 25 % as a value and (-30 days) as a time, wish positively freed working Capital with more than 120 Million SR.
Implement a new modern financial Cost control reports and assure the increase of the Company profitability .
Rebuild the Financial Department Team, in KSA with more professional resources.

Chief Financial Officer في TELECEL
  • جمهورية أفريقيا الوسطى
  • سبتمبر 2006 إلى يناير 2010

TELECEL -Central Africa)TELECEL Company (one of Vimpelcom Group) is a leader Mobile telephone Operator in Central Africa. I am reporting to the CEO, leading the financial and administrative Department.
Selected Brief Achievement:
Rebuild the Financial Department with the restructuring and penetrate the missing sections such as revenue assurance and Regulatory relation accounting sections in the Department.
Achieve a successful program for Rational decreasing the running Opex (cost) of the Company wish lead to decrease of 35 % of the overall running Cost with a very good running case of the Business.
Improve the collection system for the scratch Cards and new Bonus system for the Dealers which affect an increase of 5% overall in the EBITA (Profit).
Restructuring of the Company Capital, and the Cash Flow (re-agreement with the bank loans of new funds 2 Million US $ for financing new CAPEX) which lead of the Balance in the Equity of The Company and assure its continuity for the future.
Supervising all the Business Plan and Budgeting implementation (3+9 review, 6+6 review) and control with a very high professional way to assure the Future right track of the Company.

Regional Director of Finance في Algiers
  • الجزائر
  • مارس 2002 إلى أغسطس 2006

Regional Director of Finance for Sewedy Electric Transmission and Distribution Company and Elsewedy Cables Medium Voltage Factory in Algeria (Based in Algiers-Algeria), Reporting to the Group CEO.
Selected Brief Achievement:
1- Leading the Financial Procedures and implementing the Algerian Accounting standards for the Company besides supervising the dispatch of Accounting with the Joint Venture with other local Companies in Algeria (MAHDA- ELSEWEDY JV.
2- Implementing a good Cost Control and Pricing of the Cables manufacturing wish leaded in improve the profit by (+12%).
3- Dealing with all Monthly TAX Returns Fiscal declaration.
4- Assure of Collection of the Company Receivables (decrease the CP from 60 Day to 30 day) to achieve a very good Cash Flow Model on the ground with the daily Business process.

Accounting Manager في The Arab Contractors Equatorial Guinea LTD. (Equatorial
  • غينيا الاستوائية
  • يونيو 1996 إلى مارس 2002

The Arab Contractors Equatorial Guinea LTD. (Equatorial Guinea - Center of Africa) Working in the Head Quarter of the Company:
 Chief Accounting Manager of the company in MALABO-Equatorial Guinea.
* The Arab Contractors LTD - Benin Branch - (West Africa -Benin)
Working in Benin Branch as:
 Executive Accountant & Administrative for the Branch.
 Financial Senior Accountant for Projects

الخلفية التعليمية

الثانوية العامة أو ما يعادلها, Business Administration
  • في Helwan University
  • يناير 1995

-

ماجستير, major Finance
  • في College De LaLyndon State University
  • يناير 1990

courses: Professional Financial Accountant Certificate (PFA) •Certified Managerial Accountant CMA ( Part 1- Old system ) •High Diploma of Managing Financial Claims and Disputes in the Contracts from the American University in Cairo CLAC. •IFRS Financial Reporting Courses.

ماجستير, major Finance
  • في College De LaLyndon State University
  • يناير 1990

courses: Professional Financial Accountant Certificate (PFA) •Certified Managerial Accountant CMA ( Part 1- Old system ) •High Diploma of Managing Financial Claims and Disputes in the Contracts from the American University in Cairo CLAC. •IFRS Financial Reporting Courses.

Specialties & Skills

Accounting Standards
Fiscal Management
Financial Advice
Financial Administration
taxation
ADMINISTRATION
ACCOUNTANCY
BALANCE
BUDGETING
CASH FLOW
FINANCIAL
REPORTS
SUPERVISORY SKILLS

حسابات مواقع التواصل الاجتماعي

الموقع الشخصي
الموقع الشخصي

لقد تم حذف الرابط بسبب انتهاكه لسياسة الموقع. يرجى التواصل مع قسم الدعم لمزيد من المعلومات.

اللغات

العربية
متمرّس
الانجليزية
متمرّس
الفرنسية
متمرّس
الاسبانية
متمرّس

العضويات

Egyptian Accounting Association
  • Accounting and Auditing
  • January 1996

التدريب و الشهادات

CLACK- Managing Claims and Disputes (تدريب)
معهد التدريب:
Americain University Cairo
تاريخ الدورة:
January 2004

الهوايات

  • Sailing and Yaching
    Ex General Secretary of Egyptian Sailing and Yachting Fderation