Group CFO
Confidential
مجموع سنوات الخبرة :22 years, 0 أشهر
Identify potential strategic commercial real estate investment trends and opportunities.
- Takes a leadership role in decision making on investments in the fixed income and equity arena with the Family
Office and its consultants.
- Creates and maintains a team of professionals (internal or external) to originate, analyze, finance, close,
manage and sell real estate and commercial investments while leading underwriting and due diligence activities.
- Briefs members of the Advisory Board and the Board of Members on proposed acquisitions. Identifies sources
of debt financing relationships.
- Works with professionals to structure and negotiate real estate transactions and oversees closing of
transactions.
- Responsible for the management of the investment group.
- Managing the various consultants in making investment decisions for the portfolio and accurately reporting to
the Chairman and the Boards
- Developing and executing new strategic real estate investment alternatives, designing plans to peruse the
selected strategic investment initiatives.
- Assist in formulating the company's future direction and supporting tactical initiatives
- Monitor and direct the implementation of strategic business plans
- Develop financial and tax strategies
- Manage the capital request and budgeting processes
- Develop performance measures that support the Group's strategic direction
- Participate in key decisions as a member of the executive management team
- Maintain in-depth relations with all members of the management team
- Manage the accounting, human resources, investor relations, legal, tax, and treasury departments
- Oversee the financial operations of subsidiary companies and foreign operations
- Manage any third parties to which accounting or finance functions have been outsourced
- Oversee the Group's transaction processing systems
- Implement operational best practices
- Oversee employee benefit plans, with particular emphasis on maximizing a cost-effective benefits package
- Supervise acquisition due diligence and negotiate acquisitions
- Develop strategic growth plan for all GE businesses (Power, Healthcare, Aviation, Oil&Gas, Grid, etc) in Saudi & Bahrain, by penetrating new segments and developing new investments.
- Partner with the President & CEO to build a plan with localization initiatives, Financing and improve the Cash flow performance of the company and drive financial performance initiatives throughout business (cost reduction, Commercial & Operational excellence, productivity, Financing, … etc.) … Recommend and influence needed actions to maximize Orders, Cash and Profitability
- Building a strategic partnership with key stakeholders in the Kingdom (PIF, SABIC, Aramco, SEC, MOH, MOD, …, etc)
- Provide analysis and recommendations on capital expenditures, restructuring, acquisitions and risk management strategy.
- Translate concepts, develop strategy, implement change, create programs responsive to external environment, and participate in cross-functional business and cultural development.
- Monitor business performance and identify growth accelerators with new initiatives implementation with GE partners in the Region
- Lead and support Growth projects, ensure Commercial Focus and lead the translation of the customer needs into Financing Models and Offerings.
- Lead the development, implementation and measurement of operation plans and participate with different business Units to drive execution
- Ensure key processes and controls are in place to support a world class financial operation.
- Partner with President & CEO to drive profitable growth and meet region targets providing insight and decision-making support.
- Provide business performance analytics to identify financial trends, highlight risk and opportunities and ensure operational coordination
- Identify, develop and promote regional finance talent … Recruit, mentor and develop Finance talent.
- Tracking progress against plans at a granular level. Recommending actions to get to planned performance for the operating teams.
- Drive the regional process on orders, sales and Profit estimates, operating plans/forecasts/reviews, Ops Reviews.
- Ensure insightful and thorough country analysis and decision basis
- Drive accountability & financial improvement on Saudi Joint Ventures Financials
- Drive the country process on orders & sales estimates, operating plans/forecasts/reviews, Ops Reviews, QBR and Operating plan;
- Develop strategy, implement change, create programs responsive to external environment, and participate in cross-functional business and cultural development.
- Lead the development, implementation and measurement of operation plans and participate in their successful execution (Lead Budget and Operating Plan)
- Ensure key processes and controls are in place to support a world class financial operation.
- Partner with President & CEO to drive profitable growth and meet region targets providing insight and decision making support.
- Communicate business performance and identify growth accelerators
- Provide business performance analytics to identify financial trends, highlight risk and opportunities and ensure operational coordination
- Drive financial performance improvement initiatives throughout business (cost reduction, Commercial & Operational excellence, productivity, etc.) … Recommend and influence needed actions to maximize cash, profitability and dispute management
- Identify, develop and promote regional finance talent … Recruit, mentor and develop Finance talent
- Tracking progress against plans at a granular level. Recommending actions to get to planned performance for the operating teams.
- Lead and support Growth Projects, active role to significantly grow the Healthcare business/profitability in Saudi.
- Ensure insightful and thorough country analysis and decision basis
- Drive accountability & financial improvement on Saudi Joint Ventures Financials
- Lead finance simplification or process improvement projects
- Provide financial leadership of external reporting, tax, treasury, risk management, and procurement function. Challenged to reduce expenses and build a consolidated accounting/finance organization
- Responsible for the integrity of financial information, broad scope of authority included executive guidance for all: Corporate/Operational Finance, Treasury, Accounting, Taxation, Contracts and Procurement, Internal Audits, Risk Management, Integration project/M&A.
- Led effort in attracting and developing finance talent in support of the Honeywell Saudi Business. Consolidated finance activities in treasury, FP&A, tax and corporate accounting.
- Facilitated corporate integration project of Honeywell Saudi and ensured foundation for optimal financial performance through creation of centralized finance team.
- Reviewed finance organization, established new organization structure and recruit new Finance Leader for the Building Solution Unit. Created and filled Entity Controller position.
- Key member of team implementing enterprise-wide Oracle ERP system
- Established stronger financial reporting enhanced cost controls, solving withholding tax exposure, local credit and collections, and developed company financial accounting and reporting systems.
-Responsible for shareholder controlling, reporting and performance controlling of Siemens subsidiaries in the cluster.
-Prepare commentaries for business performance analysis, financial status as well as liquidity and debt position for the above mentioned entities.
-Analyzing quarterly Performance reporting of Siemens subsidiaries in in the cluster.
-Control/verify investment, capital and financing structure of Siemens subsidiaries in the cluster especially for the change in shareholding structure.
-Closely cooperate with country management and external auditors (KPMG) regarding compliance and audit topics.
-Responsible for other performance controlling topics, such as quality management, SOA, etc.
-Reporting and analyses financial performance of Siemens subsidiaries in the cluster, supervising the monthly/quarterly reporting cycles and making recommendations for improvement and monitoring the implementation.
-Ensuring compliance by the locations with the local accounting, tax and reporting policies, standards and procedures.
-In consultation with the Country Controller, responsible for Risk management on regional level, which involves an active role in the (pre) tender boards and actual bidding, process both from a financial point of view as from contract management point of view.
-Controlling the annual planning/budgeting process, monthly reporting process and forecasting. This includes defining company objectives on regional and location level, at all levels in close cooperation with local management and delivering input for the group strategic planning process.
-Support location and regional management in the execution of business plans designed to promote high growth in the region, including the evaluation of commercial strategic opportunities and identifying potential acquisitions.
Regional project leader for F&C (Finance & Control) integration team of NSN (Nokia Siemens Networks) in MEA region supervising the following tasks:
- Implementation of the local ERP system “Exact”, Peripheral Excel Sheets for Group & Management Reporting.
- Monthly financial statements, balance sheet, and profit & loss statements on group level according to USGAAP/IFRS guidelines.
- Alignment of NSN Accounting Principles including system and process changes.
- Change the local ex-Siemens ERPs to accommodate the NSN product structure, cost center structure, chart of account, 5-4-4 calendar, etc…
- Eliminate all kind of vulnerability of the ex-Siemens local closing schedule especially for quarter end closing
- Stabilization of ICC (Inter Company Clearing) including any temporary /bridge solutions, FINAVIGATE (cash pooling tool)
- Deploy the use of the FA/TA forms (financial accounting, treasury accounting) to country F&C’s in the region.
- Administrating the local ERP system "EXACT" and maintaining a clean data base according to NSN rules.
- Supporting the countries for the general ledger and project posting in the pre-system using the closing tool and the E-Converter tool in order to ensure compliance with NSN regulations
- Prepare Peripheral Excel sheet Group & Management Reporting package annual budgets, including working closely with the Country F&C, preparation of revised forecasts on a monthly basis and suggests methods of improving the planning process to analyze projections of sales and profit against actual figures.
- Ensure the respect of the deadlines mentioned in the closing letter for all type of reporting (NSN_BW_Finance BCS, Peripheral Excel sheet Group & Management Reporting, FA/TA forms ….).
- Support, co-ordinate all activities related to financial controlling, reporting, consolidation and budgeting with affiliated entities (NSN MEA) to ensure a better start up for a newly consolidated NSN companies including the first go live.
-Preparing monthly financial statements, balance sheet, and profit & loss statements according to USGAAP/IFRS guidelines for review with the Managing Director.
-Prepare annual budgets, including working closely with the GM and the Division Managers; preparation of revised forecasts on a monthly basis and suggests methods of improving the planning process to analyze projections of sales and profit against actual figures.
-Produce monthly financial reporting in the Head Quarter central system (CFT & CFR) to ensure the respect of the deadlines mentioned in the closing letter for all type of reporting (Esprit, Adstar+, Sitax, ….).
-Support, co-ordinate all activities related to financial controlling, reporting and budgeting with other international entities (Siemens Kenya, Siemens Algeria, Siemens Communication Competence Center in Tunisia…) to ensure a better start up for a newly consolidated company.
-Controll all the financial transaction via the Inter Company Clearing system by the the support of Siemens Financial Services (Finavigate) business to ensure adequate protection of company funds and proper transfers, credit limits, etc…
-Administrating the local software "EXACT" and maintaining a clean data base according to the Head Quarter rules.
-Controll all the general ledger and project posting in the présystem using the closing tool and the E-Converter tool in order to ensure compliance with Siemens regulations
- Manage the business P&L, performing essential monthly, quarterly, and annual financial processes, while partnering with their Business Decision Support counterpart.
- Collaborate on the country consolidations of results, forecasts, risks and opportunities and annual strategic and operating plans.
- Provides country planning, month-end and quarterly closing (variance analysis, reporting accuracy, and consolidation)
- Monthly SBU financial reporting of the P&L, key products, and expenses
- Weekly and monthly sales reporting and Price / Volume / Mix analysis country consolidation of results, monthly and quarterly forecasts, and annual operating plans
- Preparation of critical country financial presentations for senior Finance and Regional Management
- Balance Sheet management via account reconciliations (country and region), Third Party inventory reporting and analysis (collaboration with Supply Chain), and regional balance sheet analysis and reporting
- Manage functional expense and head count reporting, analysis, and forecasting
- Various Ad-hoc requests and country S-OX compliance
- Drive process improvement and efficiencies
- Presentation of results to region senior management
Bachelor Degree in Finance.
Fair Good mention.