Ashraf Sherif, Group CFO

Ashraf Sherif

Group CFO

Alnawadi Holding Company

Location
Kuwait - As Salimiyah
Education
Bachelor's degree, Accounting
Experience
18 years, 9 Months

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Work Experience

Total years of experience :18 years, 9 Months

Group CFO at Alnawadi Holding Company
  • Kuwait - Al Kuwait
  • My current job since January 2021
Group Financial Controller at Khatif Holding Company K.S.C.C. Kuwait
  • Kuwait - Al Kuwait
  • January 2015 to December 2020

 Managing financial control, treasury, and business planning functions to ensure accurate reporting, implementation of reliable internal controls.
 Developed, with coordination with the company’s management and the board of directors, a corporate strategy and five-year business plan.
 Played a key technical role in a due diligence of all acquisitions and private equity deals executed by the company.
 Restructuring process of acquired companies including organization chart, functional role maps and authority matrix.
 Established a budgetary control system and financial modeling for the company’s 5-year business plan.
 Finalized automation and system integrations resulting timely, accurate & efficient reporting and monitoring.
 Review and sign all kind of payments as I am an authorized signatory of the whole group bank accounts.
 Finance team building, training and supervision on all holding and subsidiaries level.
 Prepare the monthly consolidated management report for the group.
 Prepare annual consolidated financial statements for the whole group and finalization with the external auditor and successfully submission to MOCI.
 Managed the Admin & HR team of the group.
 Managed the process of selection and negotiation with suppliers and service providers (including auditors and consultants) to ensure best value for money is obtained.
 Handled back office & settlement functions for KSE based investment portfolio.

Group Finance & Admin Manager at Khatif Holding Company K.S.C.C. Kuwait
  • Kuwait - Al Kuwait
  • March 2012 to December 2014
Chief Accountant at Khatif Holding Company K.S.C.C. Kuwait
  • Kuwait - Al Kuwait
  • January 2011 to February 2012

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Senior Accountant at Khatif Holding Company K.S.C.C. Kuwai
  • Kuwait - Al Kuwait
  • October 2008 to December 2010
Accountant at Kuwait Finance & Investment Company K.S.C.C. Kuwait
  • Kuwait - Al Kuwait
  • October 2007 to September 2008

 Worked in the whole finance cycle from activating all types of loans and release the payment along with the settlement and reschedule.
 Recorded the all investment transaction and its monthly revaluation.
 Reconciled all bank transactions.
 Released all suppliers’ payment.
 Recorded fixed assets, depreciation and disposal.
 Participated in the monthly, quarterly & year-end closing process.

Accountant at General Trading Company (GTC) Kuwait
  • Kuwait - Al Kuwait
  • March 2006 to September 2007
Accountant at Banan Group Company - Egypt
  • Egypt - Cairo
  • August 2005 to February 2006

Education

Bachelor's degree, Accounting
  • at Tanta University
  • May 2005

Specialties & Skills

Restructures
Mergers
Corporate Finance
Company Acquisitions
Control M
ACQUISITIONS
BUDGETING
BUSINESS PLANS
CLOSING
DUE DILIGENCE
FINANCE
FINANCIAL STATEMENTS
FIXED ASSETS
PAYROLL PROCESSING
VALUATION

Languages

Arabic
Expert
English
Expert