Awab الساري

 Responsible for end to end finance operations of Auto Support Businesses division including several businesses, namely:
o Trade In o Consolidated body shop o Kromozone KSA
o Accessories o Consolidated warehouses o MOI Maintenance
o Bumper to Bumper o Avis, Europcar & Leasing o Lubes, Tires & Batteries wholesale
 Ensuring integrity and accuracy of internal and external financial reporting and accounting, along with meeting internal and external audit requirements
 Manage the cyclical accounting closing on monthly basis and assisting in the consolidation process
 Establishing a coherent work structure where it allows to manage, coach and development the finance team
 Partnering with the business heads to provide insightful and value adding analysis, create useful dashboards and managing extensive data analysis
 Providing executive management with updates on the implementation of businesses strategies and raising red flags when necessary
 Creating and promote highly cost effective structure through cost reduction exercises and zero based budgeting
 Leading the budget and quarterly reforecasts processes of the above businesses.
 Manage businesses liquidity, health of the balance sheet and maintain corporate treasury cash flow requirement
 Preparing feasibility studies for business expansions in new facilities and acquiring agencies.
 Developing and prepare daily, monthly, KPI’s reports for senior management/business heads.
 Creating bonus/incentive schemes for operational staff which promote value creation and achievement of goals and objectives to the organization.

 Responsible for finance operations of several business with in the automotive division including:
o Bumper to Bumper (BTB), BTB KSA, BTB Fleet Maintenance;
o Lubricants, tires, batteries (LTB); and
o Avis, europcar & leasing.
 Prepare budgets and quarterly reforecasts of the above businesses.
 Prepare feasibility studies for business expansions in new facilities and acquiring agencies.
 Prepare marketing campaign breakeven points.
 Provide monthly estimates to senior management of the financial performance of the business.
 Manage and supervise monthly closing of financial statements of the businesses.
 Develop and prepare daily, monthly, KPI’s reports for senior management/operations.
 Prepare bonus schemes for operational staff.
 Review and analysis orders of lubricants, Tires, Batteries & additives.
 Other key projects include:
o Conducting a costing/pricing analysis of the businesses.
o Carrying out receivables review and proposing controls to minimize exposures.
o Enhancing the ordering template for the supply chain department to enhance the inventory utilization.
o Establishing a payroll/headcount dashboard for the automotive division.

Some of the main responsibilities assigned to me including, but not limited to:
 Performing extensive economic and industry research and market assessment over various sectors in the MENA region and internationally.
 Undertaking and developing financial feasibility studies of various business operating in the oil and gas, healthcare, retail, real estate, construction, entertainment, financial services, non-profit and food & beverage sectors.
 Carry out valuation and pricing analysis exercises using various methodologies including:
o Discounted cash flow approach;
o Market multiples approach;
o Net asset value approach; and
o Assets/sum of parts approach.
 Analyzing third party real estate appraisals based on the appropriate methodologies
 Conducting buy-side/sell-side advisory services for targets in various industries.
 Providing restructuring advisory services.
 Carrying out financial and legal due diligence on various companies operating in several sectors.
 Allocating tasks to joiner members of the team
 Mentoring and evaluating the performance of interns

Responsibilities for various engagements include:
• Preparing a commercial due diligence and a valuation of a leading healthcare service provider in Kuwait;
• Carrying out a business plan and valuation of a major wood processing machinery manufacturer in Germany;
• Assisting a listed entity in carrying out a valuation of its portfolio for the entity's credit purpose;
• Carrying out a valuation of a renowned listed entity and most of its underlying assets for a debt to asset swap;
• Carrying out a valuation of major family leading conglomerate business and its subsidiaries operating across several industries including shipping, oil and gas, building materials and equipment supplies;
• Preparing financial feasibility study for establishing a zoological and entertainment park in Kuwait;
• Carrying out a pricing analysis of a client's portfolio composing of quoted and unquoted regional securities, which is proposed to be used as collateral;
• Carrying out a valuation of a cardboard box manufacturing company in Kuwait; and
• Preparing various market and sector research of various sectors including: oil and gas, retail, automotive, electronics, construction, recreational, leasing, foreign exchange and manufacturing.