FARIS ALHOURANI

• Lead the financial operations, including accounting, budgeting, forecasting, treasury, and reporting activities.
• Develop and maintain banking relationships and negotiate credit facilities, and (ongoing, new and future) projects finance instruments.
• Conduct financial feasibility studies and evaluate funding strategies for new and ongoing projects.
• Prepare and present monthly and quarterly management reports including P&L, balance sheet, job cost reports, aging schedules, and cash flow projections.
• Monitor cash flow, control disbursements, and prioritize payments based on project needs.
• Drive continuous improvement initiatives to enhance reporting quality and accuracy across finance functions.
• Coordinate with legal teams on contractual terms, contractual claims, collections, arbitration, and litigation matters.
• Providing continuous support to the technical departments in evaluating new bids and selecting the most suitable option, based on financial terms, expected returns, and funding requirements.

• Lead the financial operations, including accounting, budgeting, forecasting,
treasury, and reporting activities.
• Develop and maintain banking relationships and negotiate credit facilities, and
(ongoing, new and future) projects finance instruments.
• Conduct financial feasibility studies and evaluate funding strategies for new and
ongoing projects.
• Prepare and present monthly and quarterly management reports including P&L,
balance sheet, job cost reports, aging schedules, and cash flow projections.
• Monitor cash flow, control disbursements, and prioritize payments based on project
needs.
• Drive continuous improvement initiatives to enhance reporting quality and
accuracy across finance functions.
• Coordinate with legal teams on contractual terms, contractual claims, collections,
arbitration, and litigation matters.
• Providing continuous support to the technical departments in evaluating new bids
and selecting the most suitable option, based on financial terms, expected returns,
and funding requirements.

• Established and led the centralized Accounts Payable Department covering
13, 000+ suppliers, subcontractors and services provider across multiple
subsidiaries and Group divisions.
• Designed and implemented payment processing workflows, vendor verification
controls, and settlement procedures.
• Ensured compliance with Ministry of Finance agreements and strategic financial
restructuring plans for payments.
• Managed disputes, settlements, legal claims, and litigation with trade creditors
to safeguard the companys financial position.

• Supported division financial operations, monthly reporting, and period-end closing.
• Preparing and delivering progressive financial reports, presentations, and
performance status updates on a daily, weekly, monthly, and annual basis and any
upward financial reports.
• Assisted in preparation of strategic business plans development and annual
budgeting for division level and follow up the results.
• Provided guidance to finance team members in resolving complex accounting and
reporting issues.

• Led audit planning and execution covering 6 divisions, 45 subsidiaries, and
mega-projects (e.g., Jamarat Bridge, KAEC, KSU, KAUST, Mataf Expansion).
• Evaluated internal controls, accounting systems, and financial risks; recommended
improvements.
• Supervised audit teams and coordinated external auditor interactions.
• Ensured proper implementation and full compliance with all procedures, policies,
and regulatory requirements
• Prepared audit reports and presented key findings to senior management.

• Conducted audits of sales, cost of sales, inventory, and accounts receivable.
• Monitored branch compliance with financial policies and procedures.
• Performed reconciliations, supervised stock counts, and prepared closing reports.

• Established and led the centralized Accounts Payable Department covering 13, 000+ suppliers, subcontractors and services provider across multiple subsidiaries and Group divisions.
• Designed and implemented payment processing workflows, vendor verification controls, and settlement procedures.
• Ensured compliance with Ministry of Finance agreements and strategic financial restructuring plans for payments.
• Managed disputes, settlements, legal claims, and litigation with trade creditors to safeguard the company’s financial position.

• Supported division financial operations, monthly reporting, and period-end closing.
• Preparing and delivering progressive financial reports, presentations, and performance status updates on a daily, weekly, monthly, and annual basis and any upward financial reports.
• Assisted in preparation of strategic business plans development and annual budgeting for division level and follow up the results.
• Provided guidance to finance team members in resolving complex accounting and reporting issues

• Led audit planning and execution covering 6 divisions, 45 subsidiaries, and mega-projects (e.g., Jamarat Bridge, KAEC, KSU, KAUST, Mataf Expansion).
• Evaluated internal controls, accounting systems, and financial risks; recommended improvements.
• Supervised audit teams and coordinated external auditor interactions.
• Ensured proper implementation and full compliance with all procedures, policies, and regulatory requirements
• Prepared audit reports and presented key findings to senior management

• Conducted audits of sales, cost of sales, inventory, and accounts receivable.
• Monitored branch compliance with financial policies and procedures.
• Performed reconciliations, supervised stock counts, and prepared closing reports.