Business Associate - Industrial Projects
Saudi Industrial Property Authority
Total years of experience :19 years, 5 months
Hired to develop land allocation processes for organization that develops industrial land for rental to project owners, brought best practices to project management, implementing budgets, cost controls, and cost variance reporting to drive performance improvement.
• Tasked with streamlining complex industrial land allocation process, introduced multi-faceted solution that incorporated Excel model and early collection of critical data to improve decision making. Drove increase in land utilization rate by 28% in 8 months with significant reductions in processing time (cut by 30 days) and start-up delays (from 49% to 23%). Overall, brought about 200, 000 SR savings in operational costs.
• Selected to manage Industrial Innovation Award program chartered to promote generation of new business ideas for potential implementation, identified 3 winning idea and assisted winners in developing business plans and pitching projects - one of which is under evaluation by major investment firm.
• Nominated to represent organization in committee formed by governor of Riyadh, participate in evaluating competitive advantage and providing recommendations to boost manufacturing across region, with goal of creating 50, 000+ new jobs.
Managed portfolio of industrial projects, evaluating loan applications and ongoing viability by assessing credit risk and analyzing financial statements/cash flow of projects. Appraised projects from marketing, technical, and financial perspectives, creating comprehensive credit risk reports that protected organization's interests.
Took on management of portfolio of 20+ projects (700 million SR), providing meticulous oversight that decreased default probability from 16% to 2% and reduced bad debt in portfolio from 3% to .9% in 2 years. Increased portfolio by 175 million SR with newly approved loans.
Gained positive resolution on 2 loans in default - one not paid for 12 years and the second for 5 years - protecting 8 million SR (~US$2.2 million) by analyzing complex scenarios, building productive relationships with stakeholders, and tenaciously negotiating best-fit payback deals and agreements.
Worked directly with qualitative team, observing usability testing and conducting statistical analysis of data from surveys and member interviews during 2-month internship.
Completed eye-tracking study across multiple website, analyzing competitive benchmarking results and preparing report for presentation to department manager.
Supported research, helped with class preparation, and assisted/mentored undergraduate students.
Recognized as a top student, earned nomination for school's Presidential award for leadership and academic excellence by program director.
Identified and recommended peripheral computer equipment still used in Human Factors & Ergonomics class, completing cost benefit analysis that delivered nearly 17% savings in budget for laboratory.
Organized well-received cultural awareness event that promoted appreciation of Saudi culture.
Oversaw production staff in plant that produced and packaged air conditioning units, leading process/quality improvement, waste reduction, safety, and maintenance projects. Worked with consultant group to implement process improvements to boost productivity.
Served as member of innovation team that drove dramatic improvement across production operation, introducing reward system to promote creative thinking. Highly successful program led to implementation of hundreds of improvement initiatives and helped reduce turnover among production line staff by 30%.
Played key role in increasing daily production 20%, standardizing jobs via time and method study tools, setting new production targets, and implementing incentive plan that engaged team in meeting goals. Increased production 300 units per day to add 8 million SR (~US$2 million) in bottom-line profits.
Spearheaded project to redesign canteen to accommodate all employees during lunch break. Earned letter of appreciation for achieving goals within tight budget constraints, increasing seating 25% (to 450+). Also identified - and found solutions for - conditions that discouraged employees from using canteen.
Managed 8 college students in performing time standardization projects, guiding 4 to earn top grades for internship requirement.