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أحمد محمد الفار, F&B Financial Performance & Cost Optimization Manager

أحمد محمد الفار

F&B Financial Performance & Cost Optimization Manager·COFFEE MAHU

Egypt

Bachelor's degree, Accounting

Work experience

Total years of experience: 14 years, 11 months

F&B Financial Performance & Cost Optimization Manager

August 2025 - Present

COFFEE MAHU

Jizan, Saudi Arabia

August 2025 - Present

Prepare and analyze financial and operational performance reports for executive
management.
• Conduct vertical, horizontal, and ratio analysis for financial statements.
• Develop profitability analysis reports for branches, products, and sales channels.
• Design and implement standard costing systems and recipe standards.
• Analyze cost variances, operational deviations, and waste factors.
• Contribute to improving operational cost control and reducing waste levels to
support higher profit margins.
• Support menu pricing optimization and improve contribution margins for key
products.
• Prepare budgets, financial forecasts, and sales behavior analysis reports.
• Develop Menu Engineering reports and KPI dashboards to support management
decisions.
• Build analytical dashboards that improved financial visibility and accelerated
operational decision-making.
• Lead the preparation of a full feasibility study for a new restaurant investment
project, including financial analysis, operational planning, profitability studies, and
cash flow projections.
• Support expansion and investment diversification strategies through retained
earnings reinvestment and financing alternatives analysis.

Company industry:
Catering, Food Service, & Restaurant

Cost Optimization

August 2025 - Present

COFFEE MAHU – External Order Beverage Establishment

Jizan, Saudi Arabia

August 2025 - Present

Prepare and analyze financial and operational performance reports for executive
management.
• Conduct vertical, horizontal, and ratio analysis for financial statements.
• Develop profitability analysis reports for branches, products, and sales channels.
• Design and implement standard costing systems and recipe standards.
• Analyze cost variances, operational deviations, and waste factors.
• Contribute to improving operational cost control and reducing waste levels to
support higher profit margins.
• Support menu pricing optimization and improve contribution margins for key
products.
• Prepare budgets, financial forecasts, and sales behavior analysis reports.
• Develop Menu Engineering reports and KPI dashboards to support management
decisions.
• Build analytical dashboards that improved financial visibility and accelerated
operational decision-making.
• Lead the preparation of a full feasibility study for a new restaurant investment
project, including financial analysis, operational planning, profitability studies, and
cash flow projections.
• Support expansion and investment diversification strategies through retained
earnings reinvestment and financing alternatives analysis.
Fayrouz Restaurants Series of Oriental & Syrian Food

Company industry:
Food & Beverage Production

Financial & Cost Consultant

January 2025 - Present

Freelance (Al-Gohary Fish, MFD Slaughterhouse)

Alexandria, Egypt

January 2025 - Present

• Designed costing systems and managed pricing controls.
• Monitored inventory, warehouse operations, and production phases.
• Evaluated sales data and production performance per stage.
• Prepared income and profit/loss statements for each product category.
• Provided strategic insights on cost reduction and revenue enhancement.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Hospitality and Tourism

Chief of Accounts

May 2018 - Present

Fayrouz Restaurants

Alexandria, Egypt

May 2018 - Present

• Managed full accounting operations for the Smouha branch.
• Supervised revenue movement, treasury flow, and supplier accounts.
• Prepared weekly and monthly financial statements and cost reports.
• Audited deferred balances and external bank records.
• Supported branch operations and implemented internal control.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Hospitality and Tourism

Branch Accounting Manager / Branch Operations Manager

April 2018 - May 2025

Fayrouz Restaurants Series of Oriental & Syrian Food

Alexandria, Egypt

April 2018 - May 2025

• Managed financial and accounting operations for multiple restaurant branches.
• Supervised accounting teams and monitored daily revenues and operational
expenses.
• Analyzed purchasing activities, supplier invoices, and procurement requests.
• Controlled inventory movements including issues, receipts, and internal transfers.
• Prepared daily, weekly, monthly, and quarterly operational and financial reports.
• Prepared income statements, financial position reports, and closing reports.
• Coordinated tax files and compliance requirements with legal and accounting
consultants.
• Supervised restaurant operations and internal production activities during the final
two years.
• Contributed to improving inventory control processes and reducing operational
variances across branches.
• Developed analytical reporting tools supporting sales tracking, profitability
monitoring, and operational performance improvement.

Company industry:
Catering, Food Service, & Restaurant

Cost Consultant

January 2024 - January 2025

Al-Talkhawy Butchery & Grill

Alexandria, Egypt

January 2024 - January 2025

Achievements
• Maintained accurate daily bookkeeping including general journal, general ledger, and assistant ledger for suppliers and
clients.
• Tracked and verified warehouse inventory and stock movement, reducing inventory discrepancies by 22% .
• Conducted asset depreciation analysis and ensured compliance with fixed asset schedules.
• Managed treasury operations including treasury bills, bank statements, cash movements, and reconciliations.
• Migrated transactions to the public journal and performed in-depth balance analysis, improving monthly close efficiency by
30% .
• Prepared comprehensive trial balances, profit and loss statements, and cash flow reports.
• Implemented real-time inventory recording system, decreasing reporting errors by 18% .
• Enhanced accuracy in financial forecasting and cost reporting, resulting in improved budgeting accuracy by 25% .
• Streamlined supplier and client ledger management, leading to a 40% reduction in delayed payments.
• Automated journal posting and reconciliation process, reducing manual entry time by 35% .

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Financial & Cost Consultant

January 2024 - January 2025

El Gohary Seafood

Alexandria, Egypt Hybrid

January 2024 - January 2025

• Designed costing systems and cost center structures.
• Monitored inventory movements, stock counts, and raw material control.
• Analyzed production stages and operational variances.
• Prepared income statements and profitability reports.
• Developed pricing and production strategies to achieve target profitability.
• Reduced operational expenses while maintaining product quality standards.
• Supported businesses in building financial and operational control systems that
improved efficiency and decision-making.

Company industry:
Catering, Food Service, & Restaurant

Cost Consultant

March 2024 - October 2024

Al-Gharbia for Bedouin and Oriental Cuisine

Alexandria, Egypt

March 2024 - October 2024

• Investigated significant financial losses and traced root causes.
• Developed cost allocation structures across all departments.
• Reconstructed recipe sheets and verified menu pricing.
• Audited supplier contracts and restructured terms.
• Presented a recovery strategy based on updated cost analysis.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Financial & Cost Consultant

January 2024 - October 2024

Al-Zain Butchery and Oriental Food

Alexandria, Egypt

January 2024 - October 2024

• Supervised cost management for butchery and kitchen operations.
• Calculated trimming ratios and validated meat yield standards.
• Reviewed and optimized recipe compositions and portion controls.
• Designed and implemented an integrated accounting system.
• Delivered monthly cost reports and financial performance evaluations.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Cost Manager

January 2018 - December 2018

Ta3m ElBiyout

Alexandria, Egypt

January 2018 - December 2018

• Analyzed cost reports and created comprehensive cost sheets.
• Supervised cost control mechanisms and inventory movement.
• Compared vendor prices and optimized procurement expenses.
• Reviewed warehouse operations for efficiency.
• Delivered financial insights to support pricing decisions.

Company industry:
Catering, Food Service, & Restaurant
Job role:
Accounting and Auditing

Cost Accountant / Inventory & Cost Control Specialist

January 2018 - December 2018

Taam El Buyout Restaurant

Alexandria, Egypt Hybrid

January 2018 - December 2018

• Identified operational loss drivers and analyzed cost variances.
• Developed cost center structures and supervised implementation processes.
• Managed inventory counts and reviewed receiving and issuing transactions.
• Reviewed purchasing cycle processes from purchase requests to final receiving.
• Analyzed menu sales performance and restructured recipe standards for menu
items.
• Identified high-performing and underperforming menu products.
• Prepared cost analysis reports and production performance evaluations.

Company industry:
Food & Beverage Production

Chief of Accounts

May 2017 - April 2018

Land Mark Co. – Mirage Hotel

Marsa Matruh, Egypt

May 2017 - April 2018

• Led accounting functions and reviewed financial transactions.
• Supervised journal entries and audit preparation.
• Prepared final accounts and comprehensive annual statements.
• Liaised with tax authorities and submitted formal credit reports.
• Presented detailed financial findings to executive management.

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Chief Accountant

January 2017 - January 2018

Land Mark Company – Mirage Hotel

Alexandria, Egypt

January 2017 - January 2018

• Supervised hotel accounting and financial operations.
• Reviewed accounting entries, ledgers, and financial reports.
• Prepared financial statements, closing accounts, and balance sheets.
• Prepared statement of financial position, income statement, and cash flow reports.
• Presented financial reports to senior management and ownership stakeholders.

Company industry:
Other Business Support Services

Accountant

December 2016 - January 2017

Egyptian Group for Hotels & Tourism Consultation

Alexandria, Egypt

December 2016 - January 2017

• Calculated costs for F&B and hotel services.
• Managed inventory entries and supplier invoice validation.
• Developed cost-saving plans for operational departments.
• Maintained accounting records and procurement logs.
• Prepared cost evaluation reports and suggestions.

Company industry:
Project & Construction Planning
Job role:
Accounting and Auditing

Cost & Financial Accountant

December 2016 - January 2017

Egyptian Group for Hotels & Tourist Consultation

Hurghada, Egypt Hybrid

December 2016 - January 2017

• Calculated food and beverage costs for hospitality and restaurant operations.
• Monitored operational expenses and cost structures.
• Supported cost reduction initiatives and operational efficiency improvement plans.
• Managed inventory records, purchasing documentation, and supplier invoices.
• Assisted pricing activities and hospitality cost analysis.

Company industry:
Project & Construction Planning

Accountant

August 2015 - December 2016

A.M Company for General Contracting

Alexandria, Egypt

August 2015 - December 2016

• Recorded daily transactions, income, and expenses.
• Tracked material inventory and equipment usage.
• Maintained customer and supplier ledgers.
• Processed journal entries and project expenses.
• Supported costing and internal reporting.

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Financial/Cost Accountant

January 2013 - January 2015

Daniella Village,

Dahab, Egypt

January 2013 - January 2015

• Recorded revenue from all hospitality services.
• Managed cost analysis for guest-related expenses.
• Oversaw payroll and supplier transactions.
• Conducted mini bar and restaurant reconciliations.
• Generated daily and monthly cash reports.

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Financial Accountant

January 2011 - January 2015

A.M Company for General Contracting

Alexandria, Egypt

January 2011 - January 2015

• Recorded inventory invoices and operational expenses.
• Managed revenue and expense transactions.
• Calculated project and operational costs.
• Followed up customer and supplier accounts.
• Supported operational and financial reporting activities.

Company industry:
Construction & Building

Accounting Trainee / Accountant

January 2011 - January 2015

Daniella Village – Saint Catherine / Dahab / Sinai

Dahab, Egypt

January 2011 - January 2015

• Recorded hotel, restaurant, minibar, and tourism revenues.
• Calculated guest costs including meals, beverages, and tourism activities.
• Recorded supplier transactions and payroll activities.
• Reviewed restaurant and minibar checks.
• Supported financial and operational control procedures within a hospitality
environment.

Company industry:
Food & Beverage Production

Financial/Cost Accountant

July 2011 - May 2013

Daniella Village,

Dahab, Egypt

July 2011 - May 2013

• Registered income from rooms, dining, excursions, and services.
• Computed guest expense breakdowns across services.
• Handled supplier invoices and payroll ledgers.
• Verified mini bar and restaurant reports.
• Created cash flow statements and fund usage logs.

Company industry:
Hospitality & Accomodation
Job role:
Accounting and Auditing

Education

Alexandria University

July 2016

July 2016

Bachelor's degree, Accounting

Egypt

GPA (percentage): 59%

GPA (percentage): 59%

بكالريوس تجاره قسم محاسبة
View attachment

Alexandria University

January 2016

January 2016

Bachelor's degree, المحاسبة

Egypt

Skills

محاسبة الشراكات
Expert
محاسبة الشراكات
Expert
محاسبة التكاليف
Expert
محاسبة التكاليف
Expert
Construction
Expert
Construction
Expert
Hotels
Expert
Hotels
Expert
المطاعم
Expert
المطاعم
Expert
ACCOUNTING
Expert
ACCOUNTING
Expert
CHARTERED FINANCIAL CONSULTANT
Intermediate
CHARTERED FINANCIAL CONSULTANT
Intermediate
COST CONTROL
Expert
COST CONTROL
Expert
FINANCIAL STATEMENTS
Intermediate
FINANCIAL STATEMENTS
Intermediate
ACCOUNTING SYSTEMS
Intermediate
ACCOUNTING SYSTEMS
Intermediate
CUSTOMER SERVICE
Intermediate
CUSTOMER SERVICE
Intermediate
COST STRUCTURES
Intermediate
COST STRUCTURES
Intermediate
INTERNAL CONTROLS
Intermediate
INTERNAL CONTROLS
Intermediate
RESOURCE ALLOCATION
Intermediate
RESOURCE ALLOCATION
Intermediate
ANALYTICS
Intermediate
ANALYTICS
Intermediate
CHAIN RESTAURANTS
Intermediate
CHAIN RESTAURANTS
Intermediate
BUSINESS INTELLIGENCE
Intermediate
BUSINESS INTELLIGENCE
Intermediate
COST MANAGEMENT
Intermediate
COST MANAGEMENT
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL ANALYSIS
Intermediate
FINANCIAL ANALYSIS
Intermediate
HOSPITALITY
Intermediate
HOSPITALITY
Intermediate
HOSPITALITY INDUSTRY
Intermediate
HOSPITALITY INDUSTRY
Intermediate
LEADERSHIP
Intermediate
LEADERSHIP
Intermediate
PROFITABILITY MANAGEMENT
Intermediate
PROFITABILITY MANAGEMENT
Intermediate
STRATEGIC PLANNING
Intermediate
STRATEGIC PLANNING
Intermediate

Languages

English

Intermediate

Memberships

نقابة التجاريين

عضو عامل

September 2017

Training and Certifications

Certifications
Business
AI Applications in Finance
Costing & Planning Using Excel, Power BI, ERP & AI
Financial Planning & Budgeting
Power BI for Financial Analysis
FMVA – Financial Modeling & Valuation Analyst
Microsoft Office Programs (PowerPoint, Word, Excel)
Excel Accounting
Financial Planning
Cost Accounting
Quick Box
Pitch Tree
Financial Accounting Level One
Financial Accounting Level Two
Chief of Accounts
Preparation of Final Accounts and Financial Statements for Industrial Companies

Hobbies and interests

الكاراتية

حاصل على الحزام الاسود وبطوله اسكندرية والجمهورية