Tarek Ahmed

Company profile:
Since 1983 Lafayette has been successfully serving customers all over Kuwait . our products include cakes, pastries, coffee sweets, chocolates, savored, breads, sandwiches, donuts and pies.

job Description

- Management of supervision of 17 stores & 3 factories in Kuwait
- Develops adequate policies, procedures and processes for the cost control function to maintain efficient operational excellence.
- Preparing cost trending & forecasting analysis for project/products cost, communicating these to all related parties, highlighting necessary measures, actions and methods.
- Participating in weekly meetings for reviewing project progress and current cost position.
- Performs other duties and tasks as assigned.

Company Profile
Bread talk Founded as an F&B operator in Singapore in 2000 and listed on the SGX in 2003, BreadTalk® Group Limited has rapidly expanded to become a distinctive household brand owner that has established its mark on the world stage with its bakery, restaurant and food atrium footprints, the Group has a network of over 800 outlets in 15 territories such as Singapore, China, Hong Kong and the Middle East. It also operates more than 10 Michelin Star Din Tai Fung restaurants in Singapore and Thailand, as well as 50 award-winning Food Republic food atrium in Singapore, China, Hong Kong,

Key Responsibilities:

• Management of Supervision of 12 stores in Kuwait market
• Development of organizational structure
• Establishes and administers the Cost Control Process to
ensure that all processes comply with the valid procedures
Key Achievements.
• Preparing annual operating budgets for certain expense
accounts
• Prepare variance analysis for food & beverage and
communicating / discussing with ‎the Finance Manager and
the Executive Chef
• Update and maintain receipts into the systems.
• Coordinate with restaurant management and finance to sort
out issues pertaining to ‎F&B.‎
• Continuously study weaknesses in controls implemented at
the restaurant and ‎suggest for improvements.

Main Achievements

• Utilizing and developing effective reporting and analysis tools.
• Developing forecasting tools in order to project future expense
levels based upon changes in operating conditions, cost
structures or initiatives.
• Participation in the development and implementation of
operating policies and procedures for the departments
• Selection and training of key personnel

Company Profile
Azadea is a fast growing retail group in the Middle East carrying a portfolio of over 45 diverse brands in more than 15 markets: Fashion (Zara, Mango, Decathlon, ..), Entertainment (Virgin), F&B (Paul cafe, Butcher shop, ..) and Home Furnishings ( Zara Home, ..).

Key Responsibilities:

• Management of Supervision of more than 10 brands (Fashion / F&B) in Egypt market.
• (Paul café / Zara / Zara Home / Massimo Dutti / Bershka / Pull & Bear / Oysho / Salsa Jeans / Utrque………….)
• Selection and appointment of key personnel across all Inventory department functions
• Align local operational policy and procedures with corporate philosophies and vision
• Participate in performance management evaluation.
• Set physical takes’ schedule and approve the result.

Main Achievements:

• Opening of 30 different brands stores on schedule.
• Control margin on purchase orders.
• Control of Department budget and operation cost.
• Selection and training of key personnel.
• Refund 5000, 000 EGP through the professional negotiations
with insurance Co.

Company Profile
SADAFCO has been a leader in the UHT (Long Life) Milk market in Saudi Arabia, with the Saudia brand capturing more than half of the Long-Life Milk market and almost a third of Total Drinking Milk. In addition to UHT milk, the company also manufactures Tomato Paste, Ice Cream, Snacks and Drinks, with Saudia Tomato Paste also enjoying the status of market leader.

Budget Officer:

• Monitoring and presentation of budgets for controlling funds to implement Program objectives of the organizations.
• Directs compilation of data based on statistical studies and analyses of past and current years to prepare budgets and to justify funds requested.
• Reviews operating budgets periodically to analyse trends affecting budget Needs.
• Directs preparation of regular and special budget reports to interpret budget Directives and to establish policies for carrying out directives.
• Prepares comparative analyses of operating programs by analysing costs in Relation to services performed during previous fiscal years and submits reports to director of organization with recommendations for budget revisions.
• Analyses monthly department budgeting and accounting reports to maintain Expenditure controls.
• Examine budget estimates for completeness, accuracy, and conformance with Procedures and regulations.
• Perform cost-benefits analyses to compare operating programs, review financial Requests, and explore alternative financing methods

Financial Analyst

• Prepare market research and feasibility studies;
• Assist in developing financial policies & procedure.
• Establishes databases of pertinent information for use in analysing future plans and forecasts.
• Developed a system of reports to reflect materials-cost performance in respect to such factors as usage, waste, Spoilage, shrinkage, and variances from established price and quantity standards.
• Monitor actual costs versus budget and competitors’ costs and suggest cost reduction measures;
Main conduit between financial accounting & operations in particular cost controlling.
• Prepare financial variance analysis and complete annual Audited Financial Statement working closely with external auditors
• Prepare monthly and yearly reporting/ Ratios.

Cost & Inventory controlling

Key Responsibilities

- Control the Food & Beverage Cost.‎
- Prepare variance analysis for food & beverage and communicating / discussing with ‎the Finance Manager and the Executive Chef.
- Update and maintain receipts into the systems.
- Coordinate with restaurant management and finance to sort out issues pertaining to ‎F&B.‎
- Check the daily Food & Beverage revenues report submitted and audit for ‎accuracy of covers and average check.‎
- Prepare the daily and monthly cost report department in relation to cost of sales.‎
- Check and ensure all menu items’ have a recipe
- Participate in stock takes.‎
- Maintain a daily record of inventory purchased for every chart of account and ensure ‎it is balance with account payable.‎


- Spot check on the receiving department to ensure that the scales are correct and ‎goods are checked for quality.‎
- Organize and do stock take and monthly closing procedures and to prepare all ‎journals. Prepare cost board and the related journal vouchers.‎
- Conduct spot check to ensure that the goods received are as per specifications and ‎the deliveries of goods by suppliers are consistent with the receiving schedule and ‎the storerooms are not overstock especially during month - end.‎
- Post actual stock results in the system and print inventory valuation report.‎
- Organize quarterly stock -take on all operating equipment of the restaurant and ‎prepare detail loss and breakage quantities and amount.‎

Company Profile
Dr. Salama Al Saadani’s office is one of the professional services offices in Egypt. And has three lines of services: audit, tax, and advisory.

Main Achievements

• Prepare detailed reports on audit findings.
• Inspect account books and accounting systems for efficiency, effectiveness, and use of Accepted accounting procedures to record transactions.
• Supervise auditing of establishments, and determine scope of investigation required.
• Examine inventory to verify journal and ledger entries.
• Examine whether the organization's objectives are reflected in its management
Activities and whether employees understand the objectives.
• Direct activities of personnel engaged in filing, recording, compiling and transmitting financial records.
• Conduct pre-implementation audits to determine if systems and programs under
Development will work as planned

Company Profile
Al Baraka for Ceiling Company was founded in 1995 by Mr. Nabeel Mahmoud.
The Ceiling Company is committed to offering service, a quality product and a personal relationship with both clients and staff in the work place.

Key Responsibilities

• Gained experience in all areas of the accounting division.
• Overall responsibility was given for the management of the division covering training, appraisals and reporting deadlines
• Compile and analyze financial information to prepare entries to accounts, such as general ledger accounts, and document business transactions.
• Monitor and review accounting and related system reports for accuracy and completeness.
• Supervise the input and handling of financial data and reports for the company's automated financial systems.
• Interact with internal and external auditors in completing audits.
• Other duties as assigned

Main Achievements

Apply principles of accounting to analyze financial information and prepare financial reports by compiling information, preparing profit and loss statements, and utilizing appropriate accounting control procedures.