Abdulrahman Farid Shaker

• Responsible for the strategic financial planning, budgeting, and reporting that support the overall business aspects.
• Leading with the CEO the companys analytical objectives to achieve the 5 years plan.
• Leading the banking relations and managing a portfolio of several SAR billions.
• Heading the securitization portfolio of several SAR billions.
• A member of audit, investment, risk, ALCO, and compliance committees.
• Leading the ZATCA relations and managing the ZATCA assessments.
• Leading the quarterly and yearly financial audit and the external auditor relations.
• Overview /leading of the transformation to Oracle Fusion.

Key Responsibilities:
• Leading the implementation of the new SAP S/4 HANA.
• Managing the finance division at the group level covering thirteen legal entities, focusing on the core entity, Binzagr Co, with over a $1.5 billion turnover.
• I am responsible for the strategic financial planning, budgeting, and reporting that support twenty national and international branches and thirteen divisions and subsidiaries.
• Establishing the financial growth strategy for the group, aiming for a growth of 7% yearly.
• I head the corporate treasury, managing SAR 4 billion in banking facilities. I also negotiated with the twelve banks to restructure the facility based on the groups needs.
• Managing the ZATCA overall relation.
• Instilled consistent business enhancement to promote a healthy corporate culture.
• Streamlined executive communication and decision-making by forecasting revenue and cost variances and signifying process upgrades.
• Responsible for the monthly, quarterly, and yearly audited financials, managing the relation with the external auditors.
• Engaged with all Big Four for financial, advisory, and auditing scops. (PwC, KPMG, EY, and Deloitte).
• Assess the risk and establish contingency plans.
• Restructuring the financial capital at the group level.
• Consolidated finance activities in VAT, treasury, and corporate accounting.
• Established and managed a centralized procurement division to support all legal entities.
• Restructured the finance activities in a 12-month period, including rehiring, training, and transitioning duties performed by finance professionals.
• Standardized month-end and year-end closing activities by enhancing policies, procedures, and SOPs.
• Managing a team of nine, and 126 employees across Saudi Arabia, UAE, and Bahrain.

Highlights:
• Served as a lynchpin of all finance activities, managing a direct team of sixteen employees and ensuring that group processes were supported throughout the financial and corporate governance team.
• Successfully managed the overall responsibility of financial information, regulatory reporting, budgetary reporting, and management information, having significant involvement in financial planning, procurement, investment, and accounting for the Group as a whole.

Key Responsibilities:
• CFO Abdulrahman Abdulqader Fakieh Development Co (AAFDC-LLC) & Abdulrahman Abdulqader Fakieh Schools Management Co. (AAFSMC-LLC). (2016-2022)
• Acting CFO Fakieh Poultry Farms Co (FPFC-CJSC) reporting to the chairman. (2017-2022)

• Establish the overall financial strategy of the company and its subsidiaries.
• Establish the investment strategy of the group.
• Managing the investment portfolio (Real Estate & stocks)
• Review the overall budget.
• Supervise and review the quarterly & year-end financials.
• Review the monthly sales results and coordinate with production to optimize the outcome.
• Conducting all financial ratios to monitor the ROI of the group.
• Review and approve the monthly capex and working capital expenses.
• Managing the companys cashflow with a sum of SAR 3 billion yearly, overseeing annual budgeting tonsure accurate and prompt reporting and compliance.
• Heading all fraud investigations and conducting interrogations.
• Review and implement the proper controls over customer aging reports & set the right limitations for each customer. LGs controls.
• Review & control all accounts receivable and payables.
• Review the monthly/quarterly and year-end financials.
• Facilitating smooth execution of annual/quarterly audits and coordinating with external auditors to ensure the recommendations/conclusions are effectively implemented.
• Performing internal controls evaluations following compliance mandates/ regulatory guidance and recommended business best practices, methodologies, and tools to mitigate any deficiencies or weaknesses identified.
• Banking relationship:
• Manage all banking relationships (5 major banks in KSA and one bank in the UK)
• Facility management and negotiating effectively with banks and financial and credit institutions in the companys best interest.
• Control and supervise all facilities from commercial banks and governmental entities.
• Review the monthly/yearly cash flow plan.
• Head of Corporate Governance:
• Creating & implementing the corporate governance strategy, COI, and all other related matters.
• Coordinating with the Ministry of Commerce and all other governmental entities.
• Supervising the IPO team and coordinating with all financial & legal entities to successfully convert the company to a publicly listed company.
• Direct responsibility for conducting the yearly general assembly.
• Head of Zakat & VAT division:
• Managed all steps of implementing the VAT with PwC.
• Managing, reviewing & auditing the monthly VAT filing to ZATCA.
• Managing all purchasing, marketing/sales reporting for VAT purposes.
• Managing all ZATCA audits, if any.

Responsibilities - Senior Business Developer:
• Tasked with developing partnerships between academics and industry, providing business expertise and commercial support for dealing with KAUSTs Research Park and Innovation Cluster in liaison with the Commercial Manager.
• Created long-term value for the university by identifying technology transfer and innovation opportunities within KAUST and collaborating with the Business/Financial Analyst and the expertise of KAUSTs research scientists to analyze business opportunities analysis on targeted markets for specific technological developments in engineering sciences aligned with KAUST.
• Provided leadership, vision, strategic planning, development, and oversight by finding business and technology development trends and challenges in specific markets and innovation areas that align with KAUST KSA priorities in knowledge-based engineering developments.
• Determined the needs of KAUSTs Research Park and Innovation Cluster and gave strategic advice based on the market.
• intelligence to support discussions with spin-in companies, KAUST spin-offs, or large industrial players.
• I supported the Commercial Manager in tracking and monitoring technology transfer and innovation opportunities within KAUST and prepared an actionable roadmap for a development plan based on milestones leading to the creation of KAUST spin-offs.
• Conducted detailed analysis of start-up projects in liaison with KAUST research scientists, conducted due diligence, tweaked mission statements, revisited the business model to suit start-up projects, and created a niche in the market for the start-up project.
• Delivered strong institutional commitment to excellence through diversity in its educational program, which serves the partners and universitys interests. Analyzed risks and benchmarked trends against competitive trends to match business and student interests most effectively and efficiently.
• Developed sustained relationships with high-ranking officers and lead scientists as likely candidates on selected candidate companies within KAUST and outside of the Research Park & Innovation Cluster.
• Developed shared understanding, cultivated synergies, leveraged resources, and set up a business model that embodies the core values and promotes a knowledge-based economy in engineering, in KSA, and across MENA.

Designation Held:
 Jul 04 - Feb 06: Group Treasurer & Shareholders Affairs Manager, Headquarter
 Sep 03 - Jul 04: Regional Account Manager, Savola Edible Oil
 Jan 03 - Sep 03: Financial Analyst, Savola Edible Oil
 May 00 - Dec 02: Treasury Manager, Headquarters
 Apr 99 - May 00: Financial Analyst, Savola Packaging System
 Aug 98 - Apr 99: Management Trainee, headquarters.