Sami Abu Zaid, CPA, CGMA, Chief Financial Officer

Sami Abu Zaid, CPA, CGMA

Chief Financial Officer

Najeeb Al Issa Holding

Location
Saudi Arabia - Khobar
Education
Bachelor's degree, Accounting
Experience
23 years, 3 months

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Work Experience

Total years of experience :23 years, 3 months

Chief Financial Officer at Najeeb Al Issa Holding
  • Saudi Arabia
  • My current job since January 2015

Provide executive leadership to direct financial planning and accounting strategy with the goal of implementing best business practices and corresponding budgetary controls to foster an entrepreneurial workplace and culture.

Revitalized and revamped accounting and finance teams, as well as credit functions to reduce costs.
Improved working capital by reducing inventories and improving credit processes.
Led strategic cost reduction team resulting in improving EBITD as well as increased banking financing at best rates and terms.
Proactively revamp the organization structure, implementing ERP as well as policies and procedures for the Group of Companies.

Senior Finance Manager at Turath Compant for Real Estate Development
  • Jordan
  • January 2011 to January 2015

Managed and steered cash management operations as well as the development of annual, monthly and daily financial reports. Administered full scope of finance functions as well as modeling, valuations and cash flow.

Prepared short and long term financial business forecasting, devising annual budgets while analyzing the variances with actual results on monthly basis.
Conceptualized and rolled-out policies and procedures to bolster team performance and eliminate deficiencies.
Interfaced with external auditors for performing audit engagement, attending and responding to management requirements/reports.

Finance Manager at Arab Medi
  • Saudi Arabia
  • January 2007 to January 2011

Led the development and implementation of financial policies, systems, procedures and guidelines to ensure smooth cash flow, streamlined budgets and established stringent procurement and expense guidelines.
Crafted short and long term financial business forecasting, devising annual budgets while analyzing the variances with actual results on monthly basis.
Scrutinized cash flow, cost controls and expenditures, as well as executed finance, accounting, billing and auditing protocol to optimize work flow and accelerate productivity.
Established short/long range departmental goals and policies to boost adherence to company standards.

Audit Supervisor at Deloitte & Touché
  • Saudi Arabia
  • January 2001 to January 2007

Conducted professional audits with due diligence in accordance with the approved audit programs and regimes. Played an integral role in deriving and integrating corrective actions to reduce problem occurrence.
Instituted audit plans, objectives and scope of work in conjunction with senior auditors for clients across various industries encompassing multinational enterprises, publicly traded conglomerates, group and overseas operation.
Chaired operational audits, as well as participated in special reviews and investigations including employee and vendor misconduct, fraud and bankruptcy.

Education

Bachelor's degree, Accounting
  • at Philadelphia University
  • June 1999

courses: Chartered Global Management Accountant (CGMA) Certified Public Accountant (CPA)

Specialties & Skills

Publishing
Synergy
Internal Controls
ACCOUNTANCY
BUDGETING
CASH FLOW
Internal Control Design
DUE DILIGENCE
FINANCE
FINANCIAL
FORECASTING
POLICY ANALYSIS
IFRS and GAAP

Languages

Arabic
Expert
English
Expert

Memberships

American Institue Of Certified Public Accountants
  • Regular member
  • August 2014

Training and Certifications

CGMA (Certificate)
Date Attended:
September 2014
CPA (Certificate)
Date Attended:
July 2014