Ashraf Sharaf

Chief Financial Officer (CFO) at Al Fhad Group for trading, industries & construction

• Saudi Arabia - Alqasim
• My current job since June 2021

 Construct and restructure the Org. chart for finance dept. for the head office and branches and sister companies.
 Setting up and managing the KPIs for the accounting and finance teams.
 Selection, hiring, job description, training and supervising and managing the staff (15 accountants in 9 accounting and financial units)
 Selection, hiring, job description, training staff, and supervising and managing the staff for branches and sister companies (around 25 accountants, senior and chief acc.)
 Developing and Implementing OFOOK` ERP for all business lines and sister companies.
 Finalize and handle a full feasibility study and supervise all the business cases for future business opportunities and potential business expansions.
 Finalizing the new financial facilities with Riyadh bank and for Alinma bank for year 2022.
 Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
 Monitoring and reporting on the Management's performance to ensure compliance to the BOD guidelines and objectives monitored and the progress of the achievement of such objectives.
 Overseeing the company’s financial and operational planning including financial and operational policy development implementation and reporting, overseeing budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
 Managing and coordinating the company's annual report preparation.
 Establishing, implementing, and maintaining a sound internal control system.
 Overseeing the preparation of consolidated financial statements for the group and FS for each and finalizing the financial analysis for all.
 Performing other duties as assigned by the Chairman, CEO, and the BOD.

Chief Financial Officer CFO at Jozoor landscapes Co.

• Egypt - Cairo
• May 2019 to April 2021

 Setting up, Developing, and finalizing the financial file for the Co. (staff, financial and accounting cycle, development, and implementation of Odoo's ERP)
 Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.
 Selection, hiring, job description, training and supervising and managing the staff (7 accountants )
 Finalize and handle a full feasibility study for all new projects.
 Finalizing the new financial facilities with QNB bank for the year 2021.
 Directing and overseeing the company’s financial administration and planning including financial accounting policy development and implementation, financial reporting, management of accounting systems, budget planning and implementation, taxation, short- and long-term forecasting, and strategic planning.

Chief Financial Officer (CFO) at Vibrant Group

• Egypt - Cairo
• December 2009 to April 2019

ï· Responsibilities and duties:
ï¼ Directing and overseeing the companyâs financial administration and planning including financial
accounting policy development and implementation, financial reporting, management of accounting
systems, budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
ï¼ Supervising all the Business cases for future business opportunities and potential business
expansions.
ï¼ Overseeing the companyâs financial and operational planning including financial and operational
policy development implementation and reporting,
ï¼ Overseeing budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
ï¼ Managing and coordinating the company's annual report preparation.
ï¼ Hiring, training, supervising, motivating, and developing accounting staff and manage schedules
and workflow.
ï¼ Directing and implementation for ERP` systems or integrated accounting systems.
ï¼ Establishing, implementing, and maintaining a sound internal control system.
ï¼ Overseeing the preparation of Financial Statements and other financial reports.
ï¼ Monitoring and provide consultations for developing appropriate internal control systems to support
financial and business operations consistent with the companyâs objectives and complying with the
applicable laws and regulations.
ï¼ Performing other duties as assigned by the Chairman or the BOD.
ï· Achievements:
ï¼ Construct a sound financial department for the group and a separate department for each company.
ï¼ Implementing ERP for each one of the business lines.
ï¼ Setting up a qualified and strong financial and, accounting `policies, procedures and reporting system.
ï½ Company: Batta` Brothers for Milky Products (Egypt),
3-business line:
1. Manufacturing (3 Milk factories)
2. Wholesale Trade
3. Retail Trade (6 outlets)

Financial Advisor at SAB Group

• United Arab Emirates
• January 2004 to March 2019

 Achievements:-
 Construct a sound financial department for the group – 3 sister companies ( selection, hiring, job
description, training, supervising and managing the staff )
 Developing and Implementing ISAG` ERP for company.
 Setting up `documentation and procedures cycle.
 Finalizing quarterly and annual financial statements.
 Setting up a full and periodic reporting system submitted to CEO.
 Setting up cash flow and budgeting system.
 Finalize and handling a full feasibility study for Green Land compound
 Handling the financial facilities with the bank.
 Executives
 06/2021 – present Al Fhad Group for trading, industries & construction (

CFO at Batta Brothers for Milky Products

• Egypt
• June 2008 to August 2009

Chief Financial Officer (CFO) at Ashraf Sharaf, DBA

• June 2008 to August 2009

• Responsibilities and duties:
 Managing the Financial function to assure the compliance to the BOD guidelines and objectives
monitored and the progress of the achievement of such objectives.
 Directing and overseeing the company’s financial administration and planning including financial
accounting policy development and implementation, financial reporting, management of accounting
systems, budget planning and implementation, taxation, short- and long-term forecasting, and
strategic planning.
 Designing, implementing, and directing ERP systems.
 Establishing the finance and accounting cycle for the company.
 Sharing with Implementation for all administrative procedures.
 Contributing to the company’s short- and long-range planning, identifying areas of possible growth,
expansion, and new profit opportunities.
 Managing and overseeing the preparation of Financial Statements and other financial reports.
 Implementing and developing appropriate internal control systems to support financial and business
operations consistent with the company’s objectives and complying with the applicable laws and
regulations.
 Directing and coordinates the establishment and maintenance of budget programs.
 Managing and coordinating the company's annual report preparation.
 Hiring, training, supervising, motivating, and developing accounting staff and manage schedules and
workflow.
 Performing other duties as assigned by the President of the BOD.
Achievements
 Construct a sound financial and accounting department for the group and a separate department
for each firm (5 accounting units include chief acc. and 11 accountants).
 Implementing ERP for the group (for each business line) and point of sales for outlets.
 Setting up a qualified and strong financial and accounting `policies, procedures, and reporting
system.
í ½í·· Company: Khalid A. investment group (Riyadh, Saudi Arabia)
4 business lines in Dubai, Beirut, Riyadh, and Jeddah:
1. Construction.
2. Real state,

Group Finance manager at Khalid A.Investment group

• October 2006 to May 2008

Group Finance manager

• October 2006 to May 2008

 Responsibilities and duties:-
 Constructing, Maintaining, and Managing Financial department for the group.
 Allocate the financial resources among all business lines.
 Handling the budget and cash flow for the group.
 Maintain and update the finance and accounting policies for the group.
 implementing and updating the other financial policies (e.g., credit policy, treasury policy, and budget
policy)
 Participate in incorporating new projects and solutions in the group to assure compatibility with the
existing financial and management systems (business perspective).
 Prepare the working papers to recommend solutions for any accounting or financial issues.
 Develop and maintain the other financial procedures for all business lines.
 Overseeing and handling the consolidated quarterly financial statement for the group.
 Preparing and handling the consolidated periodically financial reports to the Chairman and BOD.


Finance Manager at ALshegrey bookstore

• May 2004 to October 2006

Finance manager at Ashraf Sharaf, DBA

• May 2004 to October 2006

• Responsibilities and duties:
 Designed and implementation for Navis` ERP (Oracle financial system).
 Designed and implemented a full costing system (computerizes or manual).
 Implementation of finance and accounting cycle, policies, and procedures.
 Establishing, implementing, and maintaining a sound internal control system.
 Reporting to CEO and to the Board.
 Construct a sound budget system for the company.
 Forecasting and managing cash flow and cash management.
 Working with Oracle financial system with all different modules.
 A sound system of point of sales for head office and around 40 outlets in the kingdom
and on the gulf area (Qatar and UAE

Senior Accountant at Dar

• United Arab Emirates
• June 1996 to May 2004

 Responsibilities and duties:
 Preparation of quarterly or monthly financial statements ( for head office & branches)
 Preparation of chart of acc. & cost centers.
 Handling of cash flow & budgets and cash management.
 Managing and supervising accounting team for HO & branches)
 Following up the transaction of stock in stores ( control of stock & analysis)
 Handling Fixed Assets (preparing FA list, depreciation, adjusting entries)
 Handling Acc. Payable (check the AP agreements & accounts)
 Receivable Analysis& calculation of provision (control the acc. & aging report)
 L/C accounting including tracing of LC & clearing & pricing goods.
 Control of Expenses & Serving notes on Reimbursements.
 Following up the aging and collection of acc. receivables.
 Reviewing and checking payroll from HR on Oracle financial system.
 Following up employees ` loans to make sure of the monthly installments `deduction.
 Company: Dar Al nashr lelgamaat – Cairo
 Position: internal auditor and Chief accounting
 Period of Employment: 1992 – 1996
 Responsibilities and duties:
All tasks and functions related to the

Accounts Manager at ALshegrey bookstore

• January 2002 to May 2004

Senior Accountant at ALshegrey bookstore

• June 1996 to January 2002

Internal Auditor at Dar Al nashr lelgam

• Egypt
• January 1994 to January 1996

Internal Auditor at Dar

• United Arab Emirates
• January 1991 to January 1992

Accountant at Dar

• United Arab Emirates
• January 1990 to January 1991

Al wafaa for printing & publishing (