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Hadi Majed, Group Chief Financial Officer

Hadi Majed

Group Chief Financial Officer·Mobile Systems International

Saudi Arabia

Diploma, Compliance

Work experience

Total years of experience: 25 years, 3 months

Group Chief Financial Officer

November 2018 - Present

Mobile Systems International

Riyadh, Saudi Arabia

I found this job using Bayt.com

November 2018 - Present

• Handling the Global Financial and accounting, Tax, Logistics and HR functions of MSI entities and operations in more than 12 countries in: Europe, Middle East and Africa
• Lead a respectful Cost Saving exercise that had a significant impact on Company’s Financials
• Roll out Policies and Procedures and Process improvement
Company industry:
Telecommunications
Job role:
Accounting and Auditing

Ethics & Compliance Director-GCC

November 2015 - November 2018

GlaxoSmithKline (GSK)

Jeddah, Saudi Arabia

November 2015 - November 2018

Main responsibilities:
• Ensure an effective compliance program is established and internal controls are in place and support business compliant solutions
• Advise senior leaders in the business on risk associated with emerging business strategies and pragmatic options for risk mitigation
• Work with business leaders, Global Compliance, Audit and Assurance, and other support functions to embed a Values-based culture and accountability for compliance within the business in a way that supports the business unit and GSK strategies
• Drive accountability throughout the organisation toward greater business transparency and reinforcing trust in GSK from customers, business partners and patients
• Drive the development of the local Risk Management and Compliance Board (RMCB) agenda and ensures appropriate visibility and mitigation of significant compliance-related issues (e.g audit outcomes investigations, compliance initiatives such as Anti-Bribery Anti-Corruption (ABAC))
• Custodian of the Internal Control Framework (ICF) and Risk Management Process
• Ensures that training and education is built in into the culture and practice in the business and raises to management if this is not the case
• Responsible for investigations; may either lead or delegate as appropriate to other individuals outside of Compliance.
Company industry:
Pharmaceutical Manufacturing
Job role:
Legal

Head Of Finance And Administration

October 2011 - October 2015

Mobile Systems International UK

Riyadh, Saudi Arabia

October 2011 - October 2015

• Handling the Global Financial and accounting, Tax, Logistics and HR functions of MSI entities and operations in more than 12 countries in: Europe, Middle East and Africa
• Lead a respectful Cost Saving exercise that had a significant impact on Company’s Financials
• Roll out Policies and Procedures and Process improvement
Company industry:
Telecommunications
Job role:
Accounting and Auditing

Controls & Compliance Manager/Financial Controller

December 2011 - September 2013

Microsoft

Beirut, Lebanon

December 2011 - September 2013

• Chairman of Controls & Compliance Committee
• Lead and participate in Compliance investigation and ensure that right decision is made
• Perform Anti-Corruption/Anti-Bribery training
• Lead the compliance Agenda
• Enhance Compliance Dashboard results by:
o Increase Compliance awareness
o Driving Proportion Ownership
o Initiating and Close monitoring of remediation plan
• Ensure timely and accurate processing of Month end close
• Lead Quarterly Balance Sheet Review and drive the Budgeting and Forecasting process for P&L
• Key contact with external auditors, bank and tax consultants
Company industry:
IT Services
Job role:
Accounting and Auditing

• Financial Controller for East Mediterranean & Africa BU-Lebanon

June 2005 - December 2011

PEPSICO INTERATIONAL

Jeddah, Saudi Arabia

June 2005 - December 2011

• Financial Controller for East Mediterranean & Africa BU-Lebanon
• Assistant Financial Controller for Gulf & Iran BU-Jeddah KSA
• Corporate Audit & Risk Management (MEA/India & Pakistan)
• Initiate internal Control Department and COSO documentations in both BUs
• Drive proportional ownership by leading risk assessment and awareness workshops for all stakeholders in areas such as SOX, COSO, GCS, Code of Conduct, Speak-up, Internal Controls
• Support the organization in terms of providing consultancy in new projects
• Manage relation with Bottlers (Franchisees)
• Monitored A&M budget
• Achieved 2 successful Audits
• Ensure complete adherence to PI policies and procedures.
• Quarterly Business Reviews, Annual Operating Plan and Strat Plan forecasts
• Improved Iran dealing process by ensuring compliance with OFAC
• Benchmark between businesses to get the best practices in core business processes and make sure it is applied in all business units
Company industry:
FMCG
Job role:
Accounting and Auditing

Senior Consultant

March 2004 - May 2005

Deloitte

Dubai, United Arab Emirates

March 2004 - May 2005

• Internal audit & Risk Assessment
• Developing policies and procedures
• Enhanced Risk Management
• Roll out of COSO & SOX within MEA region
Company industry:
Accounting
Job role:
Accounting and Auditing

Semi-Senior Accountant in the Assurance and Audit department

November 2001 - February 2004

Andersen- Ernst& Young- Dubai/Kuwait

Dubai, United Arab Emirates

November 2001 - February 2004

Semi-Senior Accountant in the Assurance and Audit department
Company industry:
Accounting
Job role:
Accounting and Auditing

Not specified

April 2001 - October 2001

Banque Libano-Francaise

Beirut, Lebanon

April 2001 - October 2001

Credit Department & Cutomer Services/Internship
Company industry:
Banking
Job role:
Accounting and Auditing

Education

International Academy of Business & Financial Management (IABFM)

December 2020

December 2020

Diploma, Compliance

United Arab Emirates

Leoron

June 2020

June 2020

Diploma, Risk & Corporate Governance

United Arab Emirates

Governance, Risk & Compliance (GRC) Director Development Program (LEORON PDI)

Ethics & Compliance Initiative

February 2016

February 2016

Diploma, Ethics and Compliance

United States

Leader Professional in Ethics & Compliance (LPEC)

Lebanese American University

June 2000

June 2000

Bachelor's degree, Business,Banking & Finance

Lebanon

Skills

Internal Controls

Expert

Internal Audit

Expert

Compliance

Expert

SOX

Expert

Financial Control

Expert

Word,Excel,Power Point

Expert

Hyperion, Oracle, SAP

Expert

planning

Expert

team management

Expert

annual budgets

Expert

risk management

Expert

accounting

Expert

Internal Controls

Expert

Internal Audit

Expert

Compliance

Expert

SOX

Expert

Financial Control

Expert

Languages

English

Expert

French

Expert

Arabic

Expert

Training and Certifications

Certifications
Leader Professional in Ethics & Compliance (LPEC)
Feb 2016

Hobbies and interests

Sports