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Tamer Tahoon, Chief Financial Officer, CFO

Tamer Tahoon

Chief Financial Officer, CFO·Jeddah Duty Free

Saudi Arabia

Higher diploma, Accounting And Cost Controlling

Work experience

Total years of experience: 24 years, 0 months

Chief Financial Officer, CFO

June 2024 - Present

Jeddah Duty Free

Jeddah, Saudi Arabia

June 2024 - Present

 Managing capital structure optimizes financial resources with keeping WACC in the planned track that
support business operations and growth.
 Leading the budget and forecasting cycles by translating retail and commercial volatility into flexible plans
that enabling high forecast responsiveness and trade-spend efficiency.
 Building and maintaining strong relationships with investors, auditors, and other external stakeholders
(ZATCA, Key suppliers) and represent the company in financial discussions and negotiations.
 Develop and maintain robust internal controls and compliance frameworks (CbCR, Transfer Pricing) that
ensure the companys financial stability and sustainability.
 Leading the communication with board (Joint venture) with quarterly-basis reports (board pack) provided
with insights, foresights and recommended actions required.
 Maintaining liquidity and cash position with strong banks relationships that support business continuity.
 Aligning and partnership with external auditors that support smooth delivering of financial statements.

Company industry:
Retail & Wholesale

Chief Accountant

August 2008 - January 2026

Swiss Co for pastry products FMCG,

Giza, Egypt

August 2008 - January 2026

 Working Capital Management, efficient cash management, negotiation & relationship with banks, Prepa
ration of cash flows and advising management on cash flow situation.
 Profitability improvement: Pricing opportunities and product cost reduction solutions.
 CAPEX analysis, capital budgeting, and capital projection (NPV, IRR, and payback period).
 Prepared annual profit plan (Operating & Financial budgets) with deep variance analysis (price effect, vol
ume effect, productivity, formulation, and process effect), and proposed actions to address issues.
 Delivered financial reports include P&L, Balance Sheet, Cash Flow, consolidated financial statements and
all other special reports with accounts analysis.

Company industry:
Food & Beverage Production

Group Financial Controller

December 2015 - December 2019

Abdul Latif Jameel Limited Company,

Jeddah, Saudi Arabia

December 2015 - December 2019

 Lead strategic planning and decision making by development and implementation comprehensive
annual business plan in alignment with the companys vision and brands strategic direction.
 Anticipate and deliver on the needs of key stakeholders (internal, external) and owners priorities.
 Fund management, anticipation of fund Capitalization, acquisition of fund Rising, allocation of fund
investment decisions, assessment of fund evaluation of financial activities.
 Growth management in alignment with company vision support management with resources, reports, and
funds for different levels of growth and process, product, and service development
 Designing and monitoring Balanced Score Card (BSC) and follow up achievements of business plans.

Company industry:
Automotive Dealership & Distributor

Cost Controller

December 2003 - January 2008

Bon Appetite Restaurants,

Cairo, Egypt

December 2003 - January 2008

 Prepared product cost analysis for all menu items direct vs. indirect.
 Updated menu costs for all outlets and meal periods by maintaining updated recipe (Standard Cost/BOM)
for all items on periodic basis.
 Prepared variance cost analysis report (actual vs. standard) quantity & price and determined the root caus
es behind.
 Prepared cost reconciliation report to determine cost of goods sold percentage.
 Developed potential cost of sales and future menu pricing adjustments with the department Manager.
 Delivered weekly COGS and GM % report by outlet, category, item to make sure that it is according to plan.
 Worked closely with the department manager to co-ordinate tracking of high-cost items.
 Verified purchases invoices to check if match with the market quotation sheet.

Company industry:
Catering, Food Service, & Restaurant

Accountant

January 2002 - December 2003

Mustafa. Elsarky - Accounting and Audit services,

Cairo, Egypt

January 2002 - December 2003

 Prepared clients multiple Tax returns (income, VAT, payroll and withholding tax) and deliver tax
consulting services as a tax advisor.
 Examined client financial statements in adherence to GAAP as part of assurance services.

Company industry:
Financial Auditing

Accountant

January 2002 - December 2003

Mustafa. Elsarky

Cairo, Egypt

January 2002 - December 2003

Prepared clients multiple Tax returns (income, VAT, payroll and withholding tax) and deliver tax
consulting services as a tax advisor.
 Examined client financial statements in adherence to GAAP as part of assurance services.

Company industry:
Financial Auditing

Education

Cairo University

January 2013

January 2013

Higher diploma, Accounting And Cost Controlling

Egypt

Cairo University

June 2001

June 2001

Bachelor's degree, Accounting

Egypt

Cairo University

June 2001

June 2001

Bachelor's degree, Accounting

Egypt

Skills

ACCOUNTING
Intermediate
ACCOUNTING
Intermediate
BUDGETING
Intermediate
BUDGETING
Intermediate
BUSINESS TO BUSINESS
Intermediate
BUSINESS TO BUSINESS
Intermediate
CERTIFIED MANAGEMENT ACCOUNTANT
Intermediate
CERTIFIED MANAGEMENT ACCOUNTANT
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL PLANNING
Intermediate
FINANCIAL PLANNING
Intermediate
PERFORMANCE MANAGEMENT
Intermediate
PERFORMANCE MANAGEMENT
Intermediate
PLANNING
Intermediate
PLANNING
Intermediate
PROCESS IMPROVEMENT
Intermediate
PROCESS IMPROVEMENT
Intermediate
REAL ESTATE
Intermediate
REAL ESTATE
Intermediate
ACCOUNTING
Intermediate
ACCOUNTING
Intermediate
CERTIFIED MANAGEMENT ACCOUNTANT
Intermediate
CERTIFIED MANAGEMENT ACCOUNTANT
Intermediate
CERTIFIED PUBLIC ACCOUNTANT
Intermediate
CERTIFIED PUBLIC ACCOUNTANT
Intermediate
COST ACCOUNTING
Intermediate
COST ACCOUNTING
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL STATEMENTS
Intermediate
FINANCIAL STATEMENTS
Intermediate
MANAGEMENT ACCOUNTING
Intermediate
MANAGEMENT ACCOUNTING
Intermediate
MICROSOFT OFFICE
Intermediate
MICROSOFT OFFICE
Intermediate
PROCESS IMPROVEMENT
Intermediate
PROCESS IMPROVEMENT
Intermediate
REAL ESTATE
Intermediate
REAL ESTATE
Intermediate

Languages

Arabic

Native Speaker

English

Expert

Training and Certifications

Certifications
Certified Management Accountant, CMA, (Certificate # 42322)
Certified Public Accountant, CPA, (Certificate # CA053584)
Certified Management Accountant, CMA, (Certificate # 42322)