fouad el akrany

PRINCIPALES QUALIFICATIONS

 Deputy Managing Director
 Commercial Managing Director
 Head of financial Country manager
 Financial Strategy planning
 Controlling Manager - Cost Control
 Operations Management
 Financial Forecasting
 Tax Manager
 Senior Auditor / Consulting

 August 2023 till July today : Head of financial and Managing Director deputy for LEONI in MOROCCO for all legal entities in Leoni in Morocco,

 Feb 2021 till July 2023: Head of financial and Board member Administrator of LEONI in MOROCCO for all legal entities in Leoni in Morocco,

 Feb 2017 till jan 2021: Head of financial and Commercial Manager of LEONI in MOROCCO and Administrator for all legal entities in Leoni in Morocco,
 Feb 2014 till janvier 2017 : Morocco TAX Manager & Directeur financier de LEONI BOUSKOURA et BERRECHID.

 June 2010 till Jan 2014: Finance Manager for LEONI BOUSKOURA
Responsibilities:
Ensure the reliability of financial and accounting information
ii. Ensure the reporting time respecting the deadlines set by the group
iii. Not limited banking powers: Accounts MAD and Currencies
iv. Representative of the company (CNSS, Tax Administration and other partners etc.


 March 2008 to June 2010: Controlling Manager for LEONI BOUSKOURA

› Steers, leads, and controls all financial activities of the country plant effectively in accordance with central corporate procedures and
legal provisions
› Acts as expert towards the Country Plant Manager and is the single point of contact for all central corporate finance departments
› Ensures an on-time and accurate delivery of central corporate reports (Controlling, Accounting and Taxation) as well as statutory
compulsory reportings according to local accounting and taxation standards and legislation in place
› Steers and coordinates planning and forecasting process with full compliance to all existing processes and procedures to meet the
central corporate deadlines
› Supports the Country Plant Manager in the process of identifying improvement projects and counter-measure actions and organizes
follow-ups
› Responsible for the Cash-Flow level during actuals as well as the forecast and planning process for the latter
› Plans and holds regular meetings to discuss key figures, variances and results of corrective measures together with the Country Plant
Manager
› Develops the competences of the lead staff in Accounting, Controlling and Tax departments
› Represents the country plant in the limit given and upon the request of the Country Plant Manager
› Drives the continuous improvement of the existing tools for financial reporting in all finance departments in line with central guidelines
and approved planning
› Responsible for external audit results for statutory and corporate purposes

› Complies with all current relevant legal and internal defined standards as well as safety and environmental regulations
› Ensures and contributes to the customer satisfaction
› Ensures and contributes to LEONI financial targets and results
› Complies with deadlines
› Fulfills the quality requirements
› Complies with the LPSplus Standards in accordance to LPSplus Manual
› Uses efficiently any kind of materials and resources of the company
› Keeps order and cleanliness

General
› Implements and executes the Tax Compliance Management System (TCMS) on country level
› Reports the compliance status to central coporate Taxes (tax questionnaires)
› Provides information of relevant tax aspects for the country (e.g. webcast, newsletter)
› Identifies and implements new local tax processes and local tax tools
› Provides monthly in control statement to central coporate Taxes including written summary of activities
› Supports actively group-wide demands/projects of central coporate Taxes
Tax Compliance
› Ensures tax compliance and especially prepares and files all tax returns, including the check of the assessments from the respective tax
authorities
› Monitors tax-relevant deadlines
› Conducts tax law related proceedings
› Ensures compliance with additional disclosure requirements (e.g. according to DAC6) and WHT issues (e.g. capital gains tax
registration)
Business Partnering - Tax Advisory
› Provides tax advise for day-to-day tax related questions that arise in other departments
› Manages or supports local business projects from tax perspective
› Cooperates with different departments on country level to provide tax input to business forecasting
› Calculates corporate income taxes (P&L, balance sheet) for upcoming years based on business projections on country level

plant
› Steers, leads, and controls all financial activities of the country plant effectively in accordance with central corporate procedures and
legal provisions
› Acts as expert towards the Country Plant Manager and is the single point of contact for all central corporate finance departments
› Ensures an on-time and accurate delivery of central corporate reports (Controlling, Accounting and Taxation) as well as statutory
compulsory reportings according to local accounting and taxation standards and legislation in place
› Steers and coordinates planning and forecasting process with full compliance to all existing processes and procedures to meet the
central corporate deadlines
› Supports the Country Plant Manager in the process of identifying improvement projects and counter-measure actions and organizes
follow-ups
› Responsible for the Cash-Flow level during actuals as well as the forecast and planning process for the latter
› Plans and holds regular meetings to discuss key figures, variances and results of corrective measures together with the Country Plant
Manager
› Develops the competences of the lead staff in Accounting, Controlling and Tax departments
› Represents the country plant in the limit given and upon the request of the Country Plant Manager
› Drives the continuous improvement of the existing tools for financial reporting in all finance departments in line with central guidelines
and approved planning
› Responsible for external audit results for statutory and corporate purposes by the company

Planning
› Steers yearly planning creation process for country based on standards and tools coming from corporate Controlling
› Collects inputs from all customer and internal projects as baseline for country resource planning
› Checks and validates personnel costs and inflation rate based on input of HR department
› Provides guidance on non-personnel costs (e.g. depreciation) and capex planning
› Moderates and communicates potential planning restrictions and reduction requirements
› Collects and consolidates final planning figures of all country organizational units
› Collects and consolidates overall country investment demands after final alignment between Country Manager and respective country
department head (e.g. Infrastructure Management)
› Checks and validates final and overall country planning figures
› Distributes final country planning to relevant stakeholders
› Distributes information to relevant organizational units in order to build main assumptions for costing
Cash Controlling
› Builds all necessary financial tools inside the country in order to create the planning balance sheet
› Establishes aligned KPIs in terms of inventory rotations, improvements of payment terms to suppliers planned and CAPEX levels
based on validated profit and loss performance by project
› Frames the operational and financial free cash flow and challenges the future performance in collaboration with Country Manager
› Checks the payment terms on a regular basis towards suppliers to be reflected in the payment proposals
› Aggregates country requirements in terms of lease or buy decisions and obtains central validation
› Checks and validates all investment demands of the country
› Highlights critical inventory levels during the month depending on the business evolution and steers counter-measures inside the same
month
› Implements relevant cash improvement projects at the level of taxation and cash recovery actions
› Prepares, explains and supports the presentation of the monthly Cash Flow results and deviations versus forecast/planning, in
collaboration with the Country Manager
RFQ/Project
Tasks Project Controlling (running projects)
› Assesses the commercial status of all internal and customer projects to enable an efficient steering of the country
› Creates & maintains a deep understanding of the value chain of all customer projects within the country
› Aggregates all project related planning and actual values of each functional area for running customer projects
› Intercompany revenues
› Project and non-project related costs for all organizational units within the country
› Reports variances, compares actual figures against nomination status
› Initiates action measures in collaboration with respective management areas within the country
› Consolidates planned (incl. forecast) and actual business plan figures and checks against nomination status
› Performs ad-hoc customer project related requests
› Prepares scenario calculation for customer projects and benchmarks
Reporting
› Defines and maintains KPIs for regular reporting, based on requirements of the country and coporate (calculation schemes)
› Coordinates and executes regular reporting of standard KPIs on country level including the distribution to relevant stakeholders
› Coordinates and consolidates data input of relevant organizational units for ad-hoc reporting, required by country and coporate
Controlling
› Implements commercial standards and tools on country level, based on governance of coporate Controlling department
› Prepares the actual financial performance presentation of the country on project level
› Ensures the availability of all relevant costing information and aligns the information with Country Accounting for the monthly
financial statements

› Managed spending oversight, and reporting for a business unit of Illinois Tool Works, supporting operations generating approximately
$60M in annual revenue while supervising a finance team responsible for monthly close and compliance.
› Produced monthly financial statements, variance reviews, and operational cost analyses for facility leadership, detecting spending gaps
that lowered operating expenses by about 4% over 12 months.
› Oversaw cash-flow monitoring, receivables tracking, and payment scheduling with banking partners, strengthening liquidity control
and streamlining cash conversion by roughly 10 days.
› Combined financial forecasts and capital aligning operations with supply chain demands managers, improving budget accuracy and
supporting investment decisions for two manufacturing production lines.

› Conducted comprehensive financial and performance reviews for AUDITAS clients across manufacturing and service sectors,
reviewing accounting records and internal controls for portfolios totaling $50M in annual revenue.
› Identified control weaknesses and compliance gaps through detailed testing of financial statements, reducing client risk exposure by
15% and preventing potential regulatory penalties.
› Cooked up analysis reports and findings communicated to senior management, providing actionable recommendations that improved
process efficiency and elevated adherence to accounting standards.
› Coordinated audit planning and fieldwork with cross-functional client teams, completing over 20 audits within fiscal year deadlines
while maintaining accuracy and compliance with professional standards.

› Conducted financial and procedural audits for clients of FIDUSBA, reviewing accounting records, internal controls, and compliance
procedures across 10+ small to medium enterprises.
› Assessed risk exposure and identified control gaps, recommending process improvements that lowered potential financial discrepancies
by approximately 4% of total reported revenue.
› On guard detailed compliance reports and recommendations to management, supporting timely corrective actions and ensuring
adherence to local accounting standards and regulatory requirements.
› Collaborated with client accounting teams to implement audit recommendations, improving reporting accuracy and streamlining
month-end closing processes by 2-3 days per cycle.

› Assisted the finance team at CHORFI in preparing monthly financial reports, reconciling accounts, and tracking expenses for projects
totaling $1.2M, improving report accuracy by 15%.
› Supported budgeting and cost-monitoring processes by collecting and analyzing data from multiple departments, contributing to a 5%
reduction in minor operational variances.
› Administered with procurement and operations staff to update invoices and expense records, ensuring timely processing of over 200
transactions per month.
› Participated in internal audits by preparing documentation and verifying account entries, helping the team achieve full compliance with
company accounting standards.

to teach the student for different discipline Accounting tax and management controlling

› Operated full-cycle accounting for EMRIG, including accounts payable, receivable, and general ledger entries, supporting monthly
transactions exceeding $2M.
› Reconciled bank statements and maintained accurate financial records, reducing discrepancies by approximately 98% and ensuring
timely reporting.
› Scheduled monthly and quarterly financial reports for management, highlighting trends and variances that improved budgeting
accuracy by around 5%.
› Coordinated with auditors and tax authorities to ensure compliance with statutory requirements, achieving zero penalties during annual
audits.