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Ibrahim Al Jasir, Group Chief Financial Officer (CFO)

Ibrahim Al Jasir

Group Chief Financial Officer (CFO)·Abdullah Al Othaim Investment Group

Saudi Arabia

Bachelor's degree, Industrial Management- Accounting

Work experience

Total years of experience: 32 years, 0 months

Group Chief Financial Officer (CFO)

June 2025 - Present

Abdullah Al Othaim Investment Group

Riyadh, Saudi Arabia

June 2025 - Present

• Collaborated with the CEO & Board of Directors to establish strategic goals, objectives, and budgets aimed at maximizing market share and profitability.
• Spearheaded business transformation initiatives and digitalization efforts to drive operational efficiency and innovation.
• Actively participated in identifying and developing new business ventures aligned with emerging funding opportunities.
• Coordinated with the Executive Management Team to create integrated business plans that enhance market share and profitability, ensuring alignment with organizational objectives.
• Leveraged financial insights to inform strategic decision-making and optimize return on investment.

Company industry:
Real Estate
Job role:
Construction and Building

Chief Financial Officer

October 2018 - May 2025

National Water Company

Riyadh, Saudi Arabia

October 2018 - May 2025

• Transitioned from CFO to a multifaceted leadership role, encompassing CEO, CFO, and COO responsibilities.
• Strengthened collaboration with the CEO to ensure alignment between financial oversight and operational management.
• Streamlined operations to enhance efficiency, resulting in improved decision-making processes.
• Fostered a culture of integration across departments, driving strategic evolution within the organization.
• Championed initiatives that bridged financial and operational strategies, leading to seamless execution of business goals.
• Leveraged financial insights to inform strategic planning and operational improvements, enhancing overall business performance.

Company industry:
Water & Waste Water Treatment
Job role:
Accounting and Auditing

Group Chief Financial Officer ( CFO )

December 2016 - October 2018

STC Channels Group

Riyadh, Saudi Arabia

December 2016 - October 2018

•Facilitate effective communication between the Board of Directors and the Executive Management Team, ensuring they have the necessary information to fulfill their roles.
•Support the CEO and Board in establishing strategic goals, objectives, and budgets that drive market share growth and enhance profitability.
•Engage in identifying and developing new business opportunities that align with emerging funding sources.
•Collaborate with the Executive Management Team to transition into the roles of Chief Executive Officer (CEO), Chief Financial Officer (CFO), and Chief Operating Officer (COO), focusing on operational excellence and strategic alignment.

Company industry:
Telecommunications
Job role:
Accounting and Auditing

CFO / COO

July 2011 - November 2016

Hoshan Group

Riyadh, Saudi Arabia

July 2011 - November 2016

•Serve as a vital connector between the Board of Directors and the Executive Management Team, ensuring effective communication and information flow.
•Facilitate the Board in establishing strategic goals, objectives, and budgets to drive market share growth and maximize profitability.
•Lead initiatives to identify and develop new business opportunities that align with funding prospects, enhancing overall organizational growth.
•Conduct thorough evaluations of investment opportunities, providing strategic recommendations to optimize returns.
•Negotiate key partnerships and agreements to support the organization's strategic objectives and operational efficiency.
•Drive operational excellence by implementing policies and procedures that align with the company's vision and mission.

Company industry:
Other Business Support Services
Job role:
Accounting and Auditing

VP Finance (CFO ) / Financial Advisor

April 2009 - July 2011

Saudi Logistics and Technical Support

Riyadh, Saudi Arabia

April 2009 - July 2011

•Leads the strategic direction of financial objectives, ensuring alignment with overall company vision as a future CEO.
•Implements comprehensive planning, budgeting, and forecasting processes to drive financial performance and operational efficiency.
•Advises senior management on financial risks and opportunities, enhancing decision-making for new initiatives.
•Develops and executes asset allocation strategies that optimize returns while managing risk.
•Evaluates and recommends high-impact investment opportunities, contributing to sustainable growth.
•Negotiates and finalizes complex investment transactions, securing favorable terms for the company.
•Enhances financial management systems to improve reporting accuracy and operational effectiveness.
•Cultivates and maintains strong banking relationships to support financial operations and funding needs.

Company industry:
Heavy Industry & Metallurgy
Job role:
Finance and Investment

Group Chief Financial Officer

December 2007 - March 2009

Abdullah Fouad Group

Dammam, Saudi Arabia

December 2007 - March 2009

Company industry:
Other Business Support Services
Job role:
Accounting and Auditing

Director of Finance and Administration

June 2005 - November 2007

Al Babtain Group

Riyadh, Saudi Arabia

June 2005 - November 2007

Company industry:
Construction & Building
Job role:
Accounting and Auditing

Vice President for Finance

May 2004 - May 2005

Abdullah Bin Saedan Real Estate Companies

Riyadh, Saudi Arabia

May 2004 - May 2005

Company industry:
Real Estate
Job role:
Accounting and Auditing

Senior Manager, Corporate Finance & Investment /Financial Reporting Manager

May 1997 - April 2004

Samba Financial Group

Riyadh, Saudi Arabia

May 1997 - April 2004

Company industry:
Banking
Job role:
Banking

External Auditor

June 1994 - May 1997

Deloitte - Saudi Arabia

Riyadh, Saudi Arabia

June 1994 - May 1997

Company industry:
Financial Auditing
Job role:
Accounting and Auditing

Education

King Fahad University of Petroleum & Minerals (KFUPM)

August 1994

August 1994

Bachelor's degree, Industrial Management- Accounting

Saudi Arabia

University of ALABAMA

January 1994

January 1994

Higher diploma, Accounting and Taxation

United States

Enhanced with courses such as US Taxes, Auditing, US Governmental, and Managerial & Cost accounting in University of ALABAMA in U.S.A.

Skills

Complex Transactions
Expert
Complex Transactions
Expert
Asset Allocation
Expert
Asset Allocation
Expert
Financial Transactions
Expert
Financial Transactions
Expert
Identifying New Business Opportunities
Expert
Identifying New Business Opportunities
Expert
Financial Forecasting
Expert
Financial Forecasting
Expert
Bank Financing & Negotiation
Expert
Bank Financing & Negotiation
Expert
Asset Management
Intermediate
Asset Management
Intermediate
ERP System Implementation
Intermediate
ERP System Implementation
Intermediate
Financial Modeling
Expert
Financial Modeling
Expert
Complex Transactions
Expert
Complex Transactions
Expert
Asset Allocation
Expert
Asset Allocation
Expert
Financial Transactions
Expert
Financial Transactions
Expert
Identifying New Business Opportunities
Expert
Identifying New Business Opportunities
Expert
Financial Forecasting
Expert
Financial Forecasting
Expert

Languages

English
Expert
Arabic
Native Speaker

Memberships

Holding Company of Civil Aviation

Board Member

May 2017

Holding Company of Civil Aviation

Chairman of Audit Committee

June 2017

Holding Company of Civil Aviation

Investment Committee Member

June 2017

STC Channels Group

GCC Executive Committee Member

December 2016

Training and Certifications

Training
Corporate Finance
Intermediate Corporate Finance, Citibank- Warsaw, Poland
Sep 2001
Auditing and Controlling
Deloitte Touche Tohmatsu
Financial Controls
CITIBANK
ERP systems – Reengineering Process & Implementations
SAP
Accounting Treatments for Treasury Products
The Institute of Banking, Saudi Arabian Monetary Agency (SAMA)
Corporate Valuations, Mergers and Acquisitions
Saudi American Bank (SAMBA) and IFF London
Financial Modeling
Financial Modeling - SAMBA
Jun 2003
Reinventing the CFO
Reinventing the CFO - Dubai
Jul 2007
Banking & Financing
Center of Banking & Finance IFF London
Mar 1995

Hobbies

  • Water Sports, Gardening, and Table Tennis