Husam EL Kurdi

Oversaw finance and business operations of the company, and reviewed operational performance, while monitoring commercial, and financial developments. Monitored internal controls regarding finance, treasury, investment, and technology, while managing risk mitigations. Responsible for the budget preparation of the company with keen focus on cost reduction and expand strategy. Delivered strategic support to management in monitoring the adequacy and soundness of the Company's financial structure and performance by monitoring reports and analysis, in addition to …continued… monitored and managed the audit and preparation of financial statements. Monitored financial, legal, and administrative matters related to company, including registration and organizational structure. Responsible for Saudi Market from the legally, financial and operation. Head of Steering Committee for implementing ERP SAP, and preparing a Delegation of Authority "DoA" i.e. Authorization Matrix in addition to Policies & Procedures.

Oversee group’s risk management function, managed internal systems, wrote, developed & presented financial plans, and established standardized reports that resulted in a better understanding of real-time performance. Identify and execute approved business plans and evaluate budget, in addition to establishing Policies & Procedures and Authorization Matrix depends on the structure and type of business that the group is dealing with.

President - Building Materials Group (2018 - 2020) Oversaw company's risk management function and develop an employee-oriented culture to ensure quality, high performance, and continuous improvement. Strategized company's detailed business plans and submit to the Board of Directors for approval. Identify and execute approved business plans and evaluate budget, including integration of work and labour force. Enhance and maintain quality and apply appropriate work techniques/procedures to achieve organizational goals and objectives. Implement KPIs for all the company functions/departments. Review and compare results to improve objectives of the company and safeguard suitable measures for ensuring satisfactory results. Recognise short- and long-term objectives by reviewing the management and company performance strategically, regarding operational and financial factors. Establish and maintain organizational culture, values, and reputation across staff, customers, suppliers, partners, and regulatory/official bodies. Supervise and monitor top management in achieving company's goals, growth, targets, and productivity. Build a training centre to mentor sales team / logistic team and updated with all the new concepts and technologies to enhance performance and capability internally and externally.
●Played an integral role in recommending investments opportunities to the Board of Directors, while serving as an active member of the Company's Investment Committee.
●Minimized Inventory Aging up to 37.5% in one year and decreased receivables (DSO from 240 days to 120 days in the wholesales department).
●Equipped with advanced market trends and analysis across Saudi Arabia, Qatar, Levant, Africa, China, and Kuwait.
●Negotiated with new vendors and revamped relationships with Grohe & VB to expand company's product portfolio with fluctuating market trends.
●Optimised business and revenue stream by promoting and enhancing company's brand identity.

Oversaw finance and business operations of the company, including luxury retail, medium range products, wholesale, and project management. Reviewed operational performance, while monitoring economic, commercial, and financial developments. Ensured financial data integrity and compliance with local and international GAAP. Monitored internal controls regarding finance, treasury, investment, and technology, while managing risk mitigations. Directed accounting department and assisted in budget preparation of the company with keen focus on cost reduction. Delivered strategic support to management in monitoring the adequacy and soundness of the Company's financial structure and performance by monitoring reports and analysis. Monitored and managed the audit and preparation of financial statements by collaborating with the external auditors. Monitored financial, legal, and administrative matters related to company, including registration and organizational structure.
●Expanded company's products to Africa by minimizing risk factors due to political turmoil.
●Recommended monthly, quarterly, and annual financial reports and management packages up to the standards of Authority Matrix delegation.
●Prepared and implemented policies and procedures such as accounting P&P, inventory physical count, and cycle physical count.
●Ensured continuous improvements in days sales outstanding (DSO) and days payable outstanding (DPO) with close collaboration of internal sales team and external suppliers.
●Analysed and executed ERP Dynamic, while building strong relationships with banks and enhanced facility as a group for more than $100 Million.
●Defined key performance indicators (KPIs) for finance and performed trend analysis for all products and projects.
●Utilized advanced governance structures to convert family-run operations into corporate organization.
●Collaborated with Chairman and Board of Directors to ensure strategic planning and execution.

Oversaw and managed finance and controlling functions for a group of companies across Jeddah, Dubai, Beirut, Milan, and Cyprus. Evaluated and calculated annual budget, including assets and cash flows by defining finance and accounting measures for multiple organizations. Estimated costs by conducting price research and managed follow up of client and supplier accounts. Developed combined financial statements and delivered annual reports and statements, including balance sheets, P&L, cash flow and budget estimates to the company's directors. Managed bankruptcies and other legal cases, while ensuring social security up to the requirements of Ministry of Finance.
●Enhanced business efficiency by automating repetitive tasks across payroll, stock and purchasing control, depreciation system, daily transactions, account reconciliation, and reporting.
●Developed, executed, and maintained intercompany transactions system and refined evaluation techniques and application of statistical analysis.