Fouad Abou Rafeh, Director, Development Solutions

Fouad Abou Rafeh

Director, Development Solutions

Colliers International

Location
Saudi Arabia - Riyadh
Education
Master's degree, MBA
Experience
21 years, 8 Months

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Work Experience

Total years of experience :21 years, 8 Months

Director, Development Solutions at Colliers International
  • Saudi Arabia - Western Province
  • My current job since October 2016
Director of Investment and Financial Planning at FORUS Real Estate Investment & Development
  • Saudi Arabia - Riyadh
  • November 2010 to October 2016

FORUS Co. has a fast growing portfolio of real estate projects in Saudi Arabia. Since its establishment in 2006/2007 The company was able to develop more than 370, 000 m2 of residential, commercial, hospitality, and industrial projects. For more info about FORUS and its projects/subsidies, please visit:
www.forus.com.sa
www.villa.com.sa
www.vivienda.com.sa

I am a key member of FORUS during a period of drastic growth in both operating/selling revenue and new investments/developments. My tasks and responsibilities in FORUS are:
- Budgeting and financial planning for current and prospective projects/subsidies.
- Building complex financial models (cash flow models, pro-forma financial statements, scenario and sensitivity analysis for both current and prospective projects)
- Finance structuring: Debt raising, debt management, and equity finance.
- Evaluating investment opportunities.
- Participating as a key member in setting up strategy and expansion plans.
- In charge Finance Director.

Senior Manager at Ernst & Young
  • Saudi Arabia - Riyadh
  • June 2010 to November 2010

• Report to: Partners of the Transaction Advisory Services, and Director of Real Estate Advisory.
• Manage: Analysts, Senior Analysts, Supervisors, and Managers - Project basis.
• Responsibilities in the job:
- Manage engagement leads (from pre-proposal to post proposal stage).
- Lead client engagement teams executing business advisory services which support key decision makers.
- Demonstrate advanced knowledge of all phases and aspects of methodology across different types of transaction engagements.
- Assess clients’ state of readiness with respect to people, resources, planning, data collection and strategy, identifying high-risk areas, unidentified issues and areas for overall improvement.
- Lead Real Estate Advisory projects (feasibility studies, valuation, best use analysis, strategy formation, due diligence, and financing structure ), including market assessments, competitor studies and opportunity assessments.
- Supervise, coach, and mentor all levels of staff.
- Oversee Third Parties/Subject Matter Experts (SME).

Manager at Ernst & Young
  • Saudi Arabia - Riyadh
  • June 2008 to June 2010

• Report to: Partners in the Transaction Advisory Services, and Director of Real Estate Advisory.
• Manage: Analysts, Senior Analysts, and Supervisors of the Transaction Advisory Services - Project basis
• Responsibilities in the job:
- Manage engagement leads (from pre-proposal to post proposal stage).
- Lead client engagement teams executing business advisory services which support key decision makers.
- Demonstrate advanced knowledge of all phases and aspects of methodology across different types of transaction engagements.
- Assess clients’ state of readiness with respect to people, resources, planning, data collection and strategy, identifying high-risk areas, unidentified issues and areas for overall improvement.
- Lead Real Estate Advisory projects (feasibility studies, valuation, best use analysis, strategy formation, due diligence, and financing structure ), including market assessments, competitor studies and opportunity assessments.
- Supervise, coach, and mentor supervisors, senior analysts and analysts.
- Oversee Third Parties/Subject Matter Experts (SME).

Supervisor at Ernst & Young
  • Saudi Arabia - Riyadh
  • June 2007 to June 2008

• Report to: Partners - Transaction Advisory Services, Director/Managers - Real Estate Advisory.
• Manage: Analysts and Senior Analysts - Project basis.
• Responsibilities in the job:
- Supervise client engagement teams executing business advisory services which support key decision makers.
- Demonstrate advanced knowledge of all phases and aspects of methodology across different types of transaction engagements.
- Play key role in all types of Real Estate Advisory projects (feasibility studies, valuation, best use analysis, strategy formation, due diligence, and financing structure ), including market assessments, competitor studies and opportunity assessments.
- Supervise, coach, and mentor senior Analysts and Analysts.

Senior Analyst at Ernst & Young
  • Saudi Arabia - Riyadh
  • September 2006 to June 2007

• Report to: Managers, Directors and Partners of the Transaction Advisory Services.
• Manage: Analysts - Project basis.
• Responsibilities in the job:
- Execute business advisory services including feasibility studies, market research, financial modeling, and financial analysis.
- Demonstrate knowledge of all phases and aspects of methodology across different types of transaction engagements.
- Coach, and mentor Analysts.

Business Development Manager at DMM - Real Estate Development
  • Saudi Arabia - Riyadh
  • September 2004 to September 2006

DMM(Currently Part of FORUS Real Estate Investment and Development Co.), is a local firm specialized in developing residential and commercial real estate projects.
• Report to: General Manager (the Owner).
• Responsibilities in the job:
- Conduct feasibility studies, valuation, best use analysis, location advisory, and due diligence.
- Develop expansion schemes/plans.
- Promote and Market DMM’s projects.
- Help in improving overall growth and profitability of the company.

Financial Consultant at CCFI - Consulting Center for Finance and Investment
  • Saudi Arabia - Riyadh
  • September 2002 to September 2004

CCFI (Currently Known as Aldukheil Financial Group - AFG), is a local firm specialized in providing management, financial, economic and IT advisory services.
• Report to: President (the Owner).
• Responsibilities in the job:
- Conduct market studies, feasibility studies, valuation, location advisory, and dispute advisory.
- Help in improving overall growth and profitability of the company.
- Establish connections with clients/potential clients from the phase of “RFP” to closing the deal.

Education

Master's degree, MBA
  • at Lebanese American University (Formerly BUC)
  • February 2002

For more information about the LAU's MBA program please visit www.lau.edu.lb

Bachelor's degree, Business Studies- Finance & Banking
  • at Lebanese American University (Formerly BUC)
  • September 1999

For More information please visit www.lau.edu.lb

Specialties & Skills

Feasibility Studies
Valuation
Due Diligence
Finance Operations
Consulting Experience
MS-Office
Sun Accounting System by INFOR

Languages

English
Expert
Arabic
Expert

Memberships

IMA
  • Member, preparing for CMA
  • January 2013

Training and Certifications

Manager Assessment and Preparation (Training)
Training Institute:
Ernst & Young
Date Attended:
May 2008
Advanced Communication Skills (Training)
Training Institute:
MEIRC , EY
Date Attended:
February 2007
Advanced Budgeting Workshop (Training)
Training Institute:
MERIC
Date Attended:
September 2012
Advanced Presentation Skills (Training)
Training Institute:
MEIRC, EY
Date Attended:
April 2007
Business Valuation (Training)
Training Institute:
Ernst & Young
Date Attended:
May 2008
Project Management Professional (Training)
Training Institute:
METHOD Training
Date Attended:
February 2008

Hobbies

  • Swimming, Music, Reading.