Yasser Farouk, Group Chief Financial Officer

Yasser Farouk

Group Chief Financial Officer

Life Chemicals Group

Location
Egypt - Cairo
Education
Higher diploma, Certified Management Accountant (CMA)
Experience
29 years, 2 Months

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Work Experience

Total years of experience :29 years, 2 Months

Group Chief Financial Officer at Life Chemicals Group
  • Egypt - Cairo
  • My current job since September 2020

Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.Advise on investment activities and provide strategies that the company should takeMaintain the financial health of the organization.Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.Develop trends and projections for the firm’s finances.Conduct reviews and evaluations for cost-reduction opportunities.Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.Manage the preparation of the company’s budget.Liase with auditors to ensure appropriate monitoring of company finances is maintained.Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Group Chief Financial Officer at Life Chemicals Group
  • Egypt - Cairo
  • My current job since September 2020

Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.Advise on investment activities and provide strategies that the company should takeMaintain the financial health of the organization.Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.Develop trends and projections for the firm’s finances.Conduct reviews and evaluations for cost-reduction opportunities.Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.Manage the preparation of the company’s budget.Liase with auditors to ensure appropriate monitoring of company finances is maintained.Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Chief Accounting at Life Chemicals Group
  • Egypt - Cairo
  • May 2015 to September 2020

preparing trial balance & financial statements, Sets up the financial strategy and general policies and procedures, Coordinates the preparation and compiles the annual and revised budgets, Performs detailed analysis on individual budget components, Prepares the company's cash flow plan and ensures its proper follow up and update, Ensures maintaining adequate liquidity taking into consideration provisions for contingencies, Ensures the implementation of the accepted accounting and tax principles, Follows-up on matters relating to tax and legal requirements, Manages the implementation of new financial, accounting and budgeting systems, Analyzes the company's profitability trends and provides comments on growth and results, as well as financial strengths and weaknesses versus market performance and trends, Reviews the agents financial performance against annual plans, Evaluates the finance needs of the company and suggests sources of funding, Prepares and discusses periodic reports regarding the finance and accounting status of the company with the CEO Supervises and coordinates work of subordinates in the finance and accounting functions and ensures the efficient and timeliness of services rendered.
In addition to establishing accounting programs to the needs of the company's

Chief Accounting at UNIVERSE COMPANY
  • Egypt - Cairo
  • August 2005 to May 2015

Prepare All Financial Analysis, Handling all accounts into trial balance and making monthly financial statement & helping to take decisions & financial policies.

Chief Accountant at Tarek Mourad Establishment For International Commerce
  • Egypt - Cairo
  • June 2002 to July 2007

Handling all accounts for 8 branches in El Motamem Account System & El Motkamel into trial balance and making monthly financial statement.

Chief Accountant at Wintek Egypt
  • Egypt - Cairo
  • August 2000 to June 2002

Handling all accounts into trial balance and making monthly financial statement & helping to take decisions & financial policies

site Accountant at AKA Consulting Group
  • Egypt - Cairo
  • June 1997 to August 2000

Assorting documents into Receipt / Payment vouchers (Cash / check), Adjusting Entry, Bookkeeping (receivable, payable, banks)

Accountant at Consultant Group Chartered Accountants
  • Egypt - Cairo
  • March 1995 to June 1997

Bookkeeping (receivable, payable, banks, taxes)

Education

Higher diploma, Certified Management Accountant (CMA)
  • at Institute of Management Accountants
  • August 2010

Certified Management Accountant ("CMA") - IMA's certification for accountants and financial professionals in business.

Bachelor's degree, Accounting
  • at Cairo university
  • June 1997

B.Sc. of commerce Cairo university 1997

Specialties & Skills

Costing
Financial Feasibility Studies
Annual Budgets
Accounting
Financial Accounting
Building accounting software suited to working with the possibility of working on software already e
COMPUTER SKILLS( windows, Internet, Outlook, ERP systems, Oracle, Visual basic, Microsoft office)
Financial Analysis
Budgeting & Forecasting
Creative Solutions
Financial Statements
Financial Reporting

Languages

Arabic
Native Speaker
English
Intermediate

Memberships

Egyptian Tax Association
  • Egyptian Society for Public Finance And Taxes
  • February 2010

Training and Certifications

Certified Management Accountant - CMA (Certificate)
Date Attended:
August 2010

Hobbies

  • Sports
    Like basketball and football