Fahad Alshammari, Senior Business Support Advisor

Fahad Alshammari

Senior Business Support Advisor

Ministry Of Environment Water & Agriculture - Saudi Arabia

Location
Saudi Arabia - Riyadh
Education
Master's degree, Economics
Experience
21 years, 4 Months

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Work Experience

Total years of experience :21 years, 4 Months

Senior Business Support Advisor at Ministry Of Environment Water & Agriculture - Saudi Arabia
  • Saudi Arabia - Riyadh
  • My current job since October 2020

As per attached CV.

Senior Economist and Financial Expert at Freelance
  • Saudi Arabia - Riyadh
  • My current job since January 2018

Modeling, and policy review and evaluation.

Finance Director at Industrialization & Energy Svcs Co.
  • Saudi Arabia - Khobar
  • August 2018 to May 2019

Leading the Accounting, Controla nd Financial Planning & Analysis function.

Finance Director at Tatweer for Educational Svcs Co.
  • Saudi Arabia - Riyadh
  • April 2018 to July 2018

Heading the Finance Department.

General Manager - Budgeting Policies at Ministry of Finance
  • Saudi Arabia - Riyadh
  • November 2017 to March 2018

Leading the Budgeting Policies function for the Kingdom.

Finance Director at Maaden Aluminum Company
  • Saudi Arabia - Eastern Province
  • May 2014 to July 2017

In addition to the Financial Controller, I am handling the following:
- Leading the Enterprise Risk Management from risk identification to risk mitigation.
- Insurance Related Activities.
- Leading the Cash Generation Initiative.
- Representative of Maaden Aluminum at Maaden Corporate Finance Automation Committee.
- A team member of the strategic planning integrated module automation at Maaden Corporate level.

Financial Controller at Maaden Aluminum Company
  • Saudi Arabia - Eastern Province
  • April 2012 to April 2014

The Financial Controller of Smelter operations. In charge of budgeting, reporting, analysis, and financial control development. Directly reporting to the VP of Smelter operations.

Accounting Staff Analyst (Performance Management) at Saudi Aramco
  • Saudi Arabia - Eastern Province
  • November 2008 to January 2012

- Participate in the preparation of the operating plan and the business plan of the different BLs of the company. This involves helping these BLs in the estimation of their full cost as virtual business units, calculate their KPIs based on these estimates, highlight variances against past years, and the causes of these variances in terms of cost or volumes.
- Review on monthly basis the cost allocation in SAP to insure the accuracy of data source of all KPIs calculation.
- Coordinate the product costing allocation, cost hierarchies, and unit cost calculation and variance explanation.
- Do the calculation, and provide the variance analysis related to another set of financial and non-financial KPIs that are reported on monthly basis to the corporate management.
- Provide KPI results by cost center and by cost element to assess the impact by VBU and by product. This is pushing the producing BLs to start a dialogue with service providers within the company. This can really help in eliminating cultural barriers that exist within large companies.
- Contribute to the revision of the current cost allocation matrices related to the Upstream BL at Aramco in partnership with the oil operation, drilling & work/over, and petroleum engineering & development administrative areas.
- Do studies to support outsourcing decision making regard services such as IT, Medical, and Public Affairs Departments.
- Develop manual documentation to help users of KPIs understand their contents and goals.
- Administer the Corporate KPI system. This involves configuration of the KPIs, managing the dashboards, cost element hierarchy, cost center hierarchy, and publishing the results of these KPIs. I have been heavily involved in the development & testing, and the review of the documentation related to this system.
- Provide assistance regarding the preparation of capital budget and capital allocation for the operating plan and the business plan.

Senior Investment Researcher at Middle East Financial Investment Co.
  • Saudi Arabia - Riyadh
  • March 2008 to September 2008

Development of evaluation models and provision of financial analysis to management.

Economic Researcher at Saudi Arabian Monetary Agency - H.Q.
  • Saudi Arabia - Riyadh
  • July 2002 to February 2008

Economic research and evaluation of local, regional, and international economies.

Education

Master's degree, Economics
  • at University of Illinois
  • August 2006

Completed in 1.5 years.

Bachelor's degree, Accounting
  • at King Saud University
  • January 2002

Completed in 3.5 years with Second Degree of Honor.

Specialties & Skills

Microsoft Office
MS Excel/Word/Access
Statistical Software STATA/E-Views/RATS

Languages

Arabic
Expert
English
Expert

Memberships

Institute of Management Accountants
  • Certified Management Accountant
  • February 2009

Training and Certifications

Management Accounting (Training)
Training Institute:
Institute of Management Accountants
Date Attended:
May 2009
Economics, Statistics, English, and Computer Skills. (Training)
Training Institute:
Institute of Banking
Date Attended:
January 2002