Faisal Al Obaid, Chief Investment Officer

Faisal Al Obaid

Chief Investment Officer

Miras Holding

Location
Saudi Arabia
Education
Master's degree, MBA ((Master of Business Administration)
Experience
17 years, 1 Months

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Work Experience

Total years of experience :17 years, 1 Months

Chief Investment Officer at Miras Holding
  • Saudi Arabia - Riyadh
  • My current job since January 2016

* Formulating business strategies and strategic utilization and deployment of available resources to achieve organizational business objectives. Establishing corporate goals, short term and long term budgets and developing business plans for the achievement of these goals.
* Maintaining continuous alignment of business operations scope with strategic business objectives, and providing recommendations to modify & enhancing effectiveness toward business result or strategic intent.
*Providing general oversight of all activities, managing the day-to-day operations, and assuring a smoothly functioning, efficient organization. Identifying clients, generating business & developing procedures to achieve consistent profitability; analyzing process gaps and implementing way-outs to mitigate the same.
* Providing leadership and vision to organization by assisting Board & Staff in the development of long range & annual plans, and with evaluation and reporting of progress on plans.
* Promoting programs and services which are producing in a cost-effective manner, employing economy while maintaining an acceptable level of quality; overseeing the fiscal activities of the organization including budgeting, reporting and audit; working with Board to ensure financing to support short- and long-term goals; redefining organizational structure, oversee major pricing decisions and perform monthly financial evaluation of companies' results.
* Conducting markets analysis or new entrants and studied the market trends and movements; forecasting long and short range market potential; strategizing marketing campaigns and defining business mission and performance standards across all functional areas while managing the whole gamut of business development functions. Gathering market intelligence and tracking competitors’ activities for keeping abreast of market trends to achieve market share metrics .
* Identifying streams for revenue growth & developing plans to build consumer preference. Reviewing market response / requirements and communicating the same with the teams for accomplishing business goals; effectuating pre-planned strategies for accomplishment of performance milestones.
* Monitoring and ensuring quality work which complies well with safety norms; maintaining first-level quality assurance to confirm work within discipline and in accordance with the plans, specifications and industry standards.
* Identifying and implementing process improvements to increase efficiency and accuracy. Formulating reports s & transmitting them to top management for facilitating decision making process.
* Managing the implementation of best practices in all relevant business functions ensuring fulfillment of business requirements while delivering quality service to clients in line with the service level agreements and the company vision, mission and strategy; Maintaining relationships with clients, suppliers vendors and corporations related to the industry.
* Creating and building a strong business minded team to assist in growing the business by encouraging and motivating the employees as well as supported their continuous improvement. Providing inspirational guidance & efficient leadership to a team of professionals.

Investment Directore at AL Rajhi Venture Capital
  • Saudi Arabia - Riyadh
  • January 2013 to December 2015

* Promoting programs and services which are producing in a cost-effective manner, employing economy while maintaining an acceptable level of quality; overseeing the fiscal activities of the organization including budgeting, reporting and audit; working with Board to ensure financing to support short- and long-term goals; redefining organizational structure, oversee major pricing decisions and perform monthly financial evaluation of companies' results.
* Conducting markets analysis or new entrants and studied the market trends and movements; forecasting long and short range market potential; strategizing marketing campaigns and defining business mission and performance standards across all functional areas while managing the whole gamut of business development functions. Gathering market intelligence and tracking competitors’ activities for keeping abreast of market trends to achieve market share metric.
* Identifying streams for revenue growth & developing plans to build consumer preference. Reviewing market response / requirements and communicating the same with the teams for accomplishing business goals; effectuating pre-planned strategies for accomplishment of performance milestones.
*Identifying and implementing process improvements to increase efficiency and accuracy. Formulating reports s & transmitting them to top management for facilitating decision making process.

FINANCIAL CONTROLLER & ANALYST at Norconsult Telematics
  • Saudi Arabia - Riyadh
  • April 2007 to December 2012

* Provided effective financial leadership to the projects management team, to enable strategic foresight into the business and also provided knowledgeable and accurate information to colleagues and senior management.
* Supervised all aspects of financial control in the projects; Provided financial, commercial and strategic support to the projects managers.
* Improved overall performance of the department following the charts and plans, and resolved emerging issues.
* Responsible for preparation of management information from source data; presented and reported weekly results, budget variances and analysis to PMs and Director.
* Participated in closing projects Plan and procedures; reviewed new & existing projects models and capital appropriation requests.
* Responsible for day-to-day activities and guidance of team members.

Education

Master's degree, MBA ((Master of Business Administration)
  • at Gulf University
  • May 2012

Topics included: Finance, Accounting, Strategic Management, advance Marketing management, investment, and HR management(thesis title: Finance models impacts on the bank profit) .

Bachelor's degree, Science in Accounting
  • at King Saud University
  • March 2007

Principle studies included: Accounting (12 different courses), Mathematics, Business Management, Economics, Investment Principles, and Financial Management

Specialties & Skills

Team Building
Creative Vision
Restructuring
Feasibility Studies
Business Development
- Strategy, Vision & Mission Planning
 Leadership skills
Profitability & Cost Analyst
Organizational restructuring
Feasibility study
Team Building & Performance Improvement
Budgeting / sales forecasting
Business development

Languages

English
Expert
Arabic
Expert

Training and Certifications

Budgeting , Forecasting , and cash flow (Training)
Training Institute:
MCE - Management Center Europe
Date Attended:
December 2010

Hobbies

  • Reading
    reading novels , business experiences