نبيل فاروق

• Prepare Financial Statement, Profit and Loss, Cash Flow Statement, and Changes in Equity.
• Performed Monthly closing of GL, depreciation Run in the Software.
• Reviewed and approved raw material purchase invoices, stock transfers, and production records to ensure accuracy and compliance across restaurant outlets.
• Conducted monthly physical stock counts and prepared variance analysis reports, successfully identifying cost-saving opportunities for high-value and high-quantity items.
• Collaborated with the Head Chef to review and update Bills of Materials (BOM) and recipes, implementing strategic adjustments to material quantities based on operational needs.
• Enhanced inventory management processes, contributing to improved cost control and operational efficiency.
• Developed strong relationships with cross-functional teams to support financial accuracy and operational excellence.
• Leveraged analytical skills to drive informed decision-making and optimize resource allocation.

• Conducted in-depth financial analysis, focusing on profitability, cost, and variance metrics to enhance strategic decision-making.
• Evaluated annual budgets, periodic forecasts, and long-term financial strategies to ensure they align with corporate goals.
• Delivered timely budget performance reports to senior management, offering actionable recommendations for financial adjustments.
• Managed monthly general ledger closing processes, ensuring accurate reconciliation of accounts payable and receivable, and performed aging analysis.
• Collaborated with cross-functional teams to optimize cost control measures and improve financial reporting accuracy.
• Streamlined financial processes to enhance efficiency and support the transition into senior accounting roles, including financial controller and budgeting manager.

• Generated comprehensive monthly, quarterly, and annual financial statements for management review, ensuring accuracy and full compliance with accounting standards.
• Monitored construction progress meticulously to ensure alignment with project targets, reviewed and validated subcontractor bills, and processed payments in accordance with contractual terms.
• Prepared detailed cash flow reports, effectively comparing project percentage completion with installment receipts to enhance financial forecasting.
• Computed machine hours, man-hours, and total production/units under job order costing, providing valuable insights for cost control and efficiency improvements.
• Leveraged analytical skills to support strategic decision-making, contributing to enhanced financial performance and operational efficiency.
• Collaborated with cross-functional teams to streamline financial processes and improve reporting accuracy.

• Spearheaded the implementation of IFRS 9 and IFRS 15 for both local and international clients, enhancing compliance and financial reporting accuracy.
• Conducted comprehensive external, internal, and forensic audits for a diverse portfolio of clients, ensuring adherence to regulatory standards.
• Led forensic audit initiatives, successfully identifying discrepancies and providing actionable recommendations for corrective measures.
• Streamlined bookkeeping processes, improving efficiency and accuracy for multiple clients across various industries.
• Collaborated with cross-functional teams to enhance financial controls and reporting mechanisms, driving operational excellence.
• Developed and maintained strong relationships with clients, delivering insights that support strategic financial decision-making.

• Planned and executed comprehensive audit engagements, enhancing the accuracy of financial reporting and compliance.
• Drafted audit programs and conducted detailed audits with a focus on professional skepticism and thorough testing.
• Coordinated effectively with client personnel and partners, facilitating seamless audit processes and communication.
• Supervised and mentored on-site audit teams, ensuring adherence to audit methodologies and project timelines.
• Assessed the efficiency and design of internal controls, contributing to improved operational effectiveness and risk management.
• Developed strong relationships with stakeholders, fostering collaboration and trust throughout the audit lifecycle.