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Tamer AbouAhmed

Financial Controller / Director of Finance


To manage, lead and direct the Finance operations, support the business as “ Director of Finance / Financial Controller ” and help the management and owning company to achieve its financial and overall objectives.


Experienced dynamic finance professional with proven track record in the hospitality sector for 13 years, including 6 years in senior leadership roles and easily approachable to the team, I started my career with an excellent focus on finance; I have a strong In-depth knowledge of deluxe international self-accounting and hotel operations in line with uniform system of accounting, I am result oriented, self-motivated and with a positive attitude, having the ability to think literally and with pro-active approach and a strong drive for results.

Taking a lead role in developing hotel business plans with the executive committee and working closely with the operational managers for a smooth operation.  Enable to achieve their financial goals.

Undertakes all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures; Reporting to the GM and Vice-President Finance.


Maintain proper and complete accounting records of the hotel with the uniform system of accounts.
Ensure that the accounts, records and transactions of the hotel are accurate and correct at all times.

Safeguarding of assets
Implement all necessary controls to safeguard the assets of the hotel.

Financial reports

Prepare and interpret the financial statements and reports of the hotel on a timely basis to owning company and corporate office.

Management information
Provide financial information to management as tools for maximizing profits and planning for future reports which should stimulate management action.

Budgets and forecasts
Compile, together with the other executives, budgets and forecasts covering all activities of the hotel, Compile treasury/cash flow forecasts for the business.

Controls and procedures
Ensure that the established controls and procedures in respect of the controller’s areas of responsibilities are being complied at all times.

Electronic data processing systems
Ensure that the hotel’s computer system and their software are fully utilized, well safeguarded and properly maintained.
Implement future changes/additions to the electronic data processing systems of the hotel.

Ensure that there are, at all times, proper procedures and controls for the guest cashiers and other cashiers in the hotel.
Purchasing, receiving and stores
Ensure that there are, at all times, proper procedures and controls for purchasing, receiving, stores and requisitioning.

Stock takes
Ensure that physical inventories of all supplies are being taken on a monthly basis and of all operating equipment on a quarterly basis.

Credit and collection
Ensure that the hotel complies with the established credit and collection procedures, with particular attention to front office, group and meetings/banqueting processes.

Human Resources

Ensure that human resource policy and recruitment processes are consistent and streamlined, responsible for all contracts and any other legal records and documents, which may affect the financial status of the hotel.

Work History

Dec 2014Present

Financial Controller

Accor Hotels - Ibis Seef Manama

Manama, Bahrain

Facilities: 4* Hotel with 26 floors that will offer 304 rooms, 2 Restaurants & Coffee shop, Fitness Center, business Center, Conference hall, Roof top Swimming Pool 110 Employees.

Job and Responsibilities:

Perform the functions of Financial controller lead the Pre-Opening of the IBIS Seef Manama; Preparing and monitoring the pre-opening budget, Compiling accounting policy procedures, Setting up Internal control systems in accordance with Accor Hotels Policies, Hiring staffs, Implementing hotel strategies that deliver guest services and financial results to meet the needs of the group and owner target.


  1.  Lead the pre-opening reporting (Pre-opening expenses versus Pre-opening Budget) and zero based operating budget process.
  2. Successfully directed the set-up of the entire Finance Department including purchasing and IT sections.
  3. Successfully implemented the systems like SUN financials, Opera, Micros, Material Control, Smart call accounting system, Oasys payroll systems,  accurate interface implementation and reporting’s.
  4. Successfully opened the hotel in span of one month with a few staff.
  5. Re-aligned the departmental and inter-departmental tasks to ensure that month-end closings were completed by 2nd of every month.
  6. Operationally in charge for hotels, in the absence of the General Manager.
  7. Completion of delivering achieved GREEN rating of 82% in the first internal audit conducted by Grant Thornton audit  in 2015 through strong internal controls and implementation of financial policy and procedures. I have secured cost reductions in areas that have added to bottom-line success.
Jun 2013Nov 2014

Assistant Financial Controller

Constance Hotels - Constance Ephelia Resort & Spa

Mahe, Seychlles

Facilities: 5* Resort with 309 the Largest Resort in Indian Ocean, 8 Restaurants, 5 Banquet hall up to 500 Center, 800 Employees.

Job and Responsibilities:

Manages the day-to-day operation of the accounting office, developing and implementing property wide strategies that deliver services and financial results to meet or exceed the needs of the group's target.


  1. Adapted to new cultural environments where difficult working conditions exist (Seychelles).
  2. Encouraging training by identifying training needs and implementing training courses.
  3. Retrained the accounts team to achieve company targets & deadlines, a fully reconciled balance sheet for head office at the end of each period, delivered on target debt collection results of less than 45 DSO and achieved bonus target 2 quarters in a row.
  4. Introduced departmental expenditure controls which reduced cost of sales by 3% in 6 months.
  5. Generated up to 15% GOP increase within position of AFC in the largest Resort.
  6. Managing a team of 32 including 5 junior managers in addition 80% recruiting local.
Jun 2012May 2013

Deputy Financial Controller

Movenpick Hotels - Movenpick Hotel Sana'a

Sana'a, Yemen

Facilities: 5* Hotel with 338 Rooms, 4 Restaurants, 3 Boutiques, Spa, Fitness Center, Banquet hall up to 1000 Pax, 350 Employees.

Job and Responsibilities:

Assist the GM and VIP Financial Controller in the effective implementation of all Accounting & Finance and Information Systems Policies & Procedures. Interpret financial results and work with respective HOD to maximize Operating results, providing them with tools for future planning and control, Carry out the operation of the finance department.


  1. Financially leading organizations in difficult cash flow situations where the owners ran out of working capital.
  2. Resolved several issues with regards to government regulations & tax (Yemen).
  3. Introduced Payroll/Productivity concept (excel spreadsheets) which resulted in 2% reduction in payroll and benefit costs.
  4. Improved cost $ expense control procedures to deliver on Movenpick targeted profit conversion of 5% variance to forecast, Payroll cost for the year at 27%, Food cost 34% & Beverage cost 22% p.a.
  5. In the hotel coordinated a cash collection program which reduced debtors from 70 days sales outstanding to 46 in 3 months.
Jan 2011May 2012

Assistant Financial Controller

Anantara Hotels - Qasr AL Sarab Desert Resort

Abu Dhabi, UAE

Facilities: 5* Resort with 206 Villas, 6 Restaurants & Bars, 1 Boutiques, Spa, Fitness Center, Banquet hall up to 500 Pax, Desert Activity, 580 Employees.

Job and Responsibilities:

Manage the Accounting Department and maintain an effective and proper control for the protection of the Hotel assets, as well as involvement in the preparation and reporting of the financial statement.


  1. Introduced purchasing and payroll control procedures to deliver monthly expenses and cost targets.
  2. Every individual in accounts department trained to do multiple tasks – two jobs minimum and Developed on boarding orientation for new Chief Accountant.
  3. Responsible for the preparing & presenting financial and management reports.
  4. Recipient of Minor International’s President Award of Excellence in Finance and Accounting for the years 2012.
  5. Task force 2 Month Deputy FC of Desert Island Resort by Anantara.
May 2009Dec 2010

Chief Accountant

Anantara Hotels - Qasr AL Sarab Desert Resort

Abu Dhabi, UAE

First member of the Finance team - Acting as Director of Finance

Job and Responsibilities:

Lead the pre-opening expense statement, cash flow, set-up the systems of Opera, Micros, Materials control and Sun Systems; set-up the accounting office in absence of DOF, Preparing the operating budget, establishing operating bank accounts and insurance policies, Preparing the monthly report and working capital requirements, conducting interviews and recruitment finance staff.


  1. Successful Open of Qasr Al Sarab Desert Resort & Spa by Anantara.
  2. Successful run finance department one year without DOF.
  3. Managed OS+E and FF+E processes and pre-opening budget.
  4. Systems mapping, consolidation of Policies and Procedures and Training manual.
  5. Budget preparation, Owners Reporting – presentation, preparation and attending Board Meeting.
Nov 2008Apr 2009

Accounts Supervisor

Marriott Hotels - JW Marriott Deira

Dubai, UAE

Facilities: 5* Hotel with 344 Rooms, 12 Restaurants & Bars, 1 Boutiques, Spa, Fitness Center, 5 Banquet hall up to 1000 Pax, 640 Employees.  

Mar 2007Sep 2007

Accounts Receivable Supervisor

Marriott Hotels - Marriott Beach Resort

Taba, Egypt

Facilities: 5* Resort with 394 Rooms, 7 Restaurants & Bars, 2 Boutiques, Spa, Banquet hall up to 500 Pax, Diving Center, 350 Employess.