Ayman Farouk Eldakrouri

Ayman Farouk Eldakrouri

Accountant

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location of Ayman Farouk EldakrouriSaudi Arabia

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  • Timeline

  • About me

    Accomplished Finance Director | Strategic Financial Planning & Analysis | Proven Leadership in Enhancing Operational Efficiency

  • Education

    • Mansoura University

      2003 - 2007
      Bachelor of Commerce Accounting Good
  • Experience

    • Pure Computer & Technologies Co

      Aug 2007 - Oct 2009
      Accountant
    • Ahmed Azmy for Accounting and Financial Consultations

      Nov 2009 - Jul 2012
      Auditor
    • GW Travel Agency

      Aug 2012 - Dec 2014
      Branch Accountant
    • Alkhorayef Water&Power Technologies

      Dec 2014 - Sept 2017
      AP Accountant
    • TMH International Group

      Oct 2017 - Jan 2019
      Senior AR Accountant
    • Thermal Pipes Factory

      Jan 2019 - Apr 2020
      Accounting Manager and Cost Controller
    • Guarantee Business Contracting Co

      Apr 2020 - Dec 2022
      Finance and Accounting Manager

      • Produced and disseminated detailed monthly, quarterly, and annual financial reports, furnishing critical insights and actionable recommendations to steer cost and liquidity management practices and uphold fiscal discipline within the company.• Spearheaded the process of cost identification, routinely generated standard costs, actual costs, and variance analysis reports, and furnished comprehensive cost analysis insights along with strategic recommendations for cost controlling.• Developed and refined a robust cost control system by integrating advanced techniques for cost management, tailoring these systems to align seamlessly with ongoing business activities, and boosting efficiency in cost control and resource allocation.• Led a thorough overhaul of the accounting framework, meticulously segregating expenditures to enhance cost tracking and precise allocation across various projects, products, and operational facets, thereby reinforcing financial clarity.• Developed a strategic budget for the company for five years and an annual budget after training the company’s management and its departments to participate in its preparation, monitored its actual results, and analyzed and addressed variations, which supported the process of forecasting the future of the company’s projects and the company’s performance.• Developed a KPI system to improve the efficiency of all the activities and performance of the company and its operations, highlighting the strengths and weaknesses of the company and accurate SWAT analysis. Show less

    • FTG Development

      Jan 2023 - now
      Financial Director

      • Generate precise financial reports that aid strategic decision-making, ensuring these documents reflect an accurate and timely depiction of the company's fiscal health and operational performance.• Spearhead the development and implementation of robust financial policies and protocols, tailoring procedures to enhance the operational efficiency and accountability of the company.• Oversee the design and maintenance of comprehensive documentary cycles, streamlining processes to ensure maximum effectiveness and stringent control tailored to our strategic objectives.• Develop and optimize the company’s internal control systems to guarantee their effectiveness, conducting periodic reviews to optimize authority delegation and functional authority segregation for improved governance.• Conduct in-depth financial analyses for periodic statements, identifying trends and providing strategic recommendations to enhance financial performance and resource allocation.•Business modeled new investments, projects, and opportunities, studied their feasibility, budget, profitability, and overall impact on the company, closely monitored their implementation, analyzed deviations, and addressed them to return to the master plan.• Lead the plan, preparation, and submission of corporate income tax, VAT, and regulatory filings, keeping abreast of legislative changes to ensure full compliance while optimizing the company's financial position.• Maintain rigorous adherence to industry standards and internal guidelines across all financial transactions, ensuring accurate alignment with established accounting principles and fostering transparent reporting mechanisms. Show less

  • Licenses & Certifications

    • ICDL

      ECDL Foundation
    • IPA Foundation Certificate

      Institution of Professional Accountants
    • SOCPA

      Saudi Organization for Chartered and Professional Accountants
    • Certified Management Accountant (CMA)

      IMA® (Institute of Management Accountants)
    • Certified Accountants

      ACCA
    • Oracle Financials R12 Implementer

      New Horizon
  • Honors & Awards

    • Awarded to Ayman Farouk Eldakrouri
      CFO Innovation In Cost management 2nd Middle East Edition CFO Vision & Innovation Summit & Awards 2024 Nov 2024
    • Awarded to Ayman Farouk Eldakrouri
      Top Emerging Finance Leader 2nd Middle East Edition CFO Vision & Innovation Summit & Awards 2024 Nov 2024