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Ibrahim Ashry, G.M. Finance

Ibrahim Ashry

G.M. Finance·Saudi Iron and Steel Company (Hadeed)

Saudi Arabia

Doctorate, Business Administration

Work experience

Total years of experience: 19 years, 6 months

G.M. Finance

June 2024 - Present

Saudi Iron and Steel Company (Hadeed)

Jubail, Saudi Arabia

June 2024 - Present

• Directed end-to-end finance operations for a SAR 15B steel manufacturer, ensuring strict compliance with IFRS, GAAP, and corporate governance standards.
• Designed and executed financial strategies that supported long-term business growth, improved capital efficiency, and enhanced shareholder value.
• Led and developed a high-performing finance team, embedding best-in-class processes and leveraging ERP (SAP & Oracle) to accelerate financial reporting and decision-making.
• Streamlined monthly, quarterly, and annual closing cycles, improving reporting timelines and accuracy, enabling faster strategic decisions.
• Delivered comprehensive management reports and performance analyses, providing actionable insights to the CEO, Board of Directors, and Executive Committees.
• Strengthened internal control frameworks across cash management, inventory, payroll, and capital assets, reducing operational risks and safeguarding multi-billion SAR assets.
• Partnered with banking institutions to secure optimal financing terms, maintain covenant compliance, and improve the company’s financial position.
• Led multiple ERP implementation and integration projects, enhancing data accuracy and operational efficiency.
• Spearheaded cost optimization and restructuring initiatives, achieving significant annual savings without compromising operational capacity.
• Managed due diligence, financial modeling, and regulatory compliance for IPO readiness and M&A transactions, collaborating with top-tier advisors.
• Directed budgeting, forecasting, and strategic planning processes, aligning financial resources with corporate objectives and market opportunities.
• Oversaw shareholder transactions and corporate governance documentation, ensuring transparency and compliance with all legal and regulatory requirements.
• Played a key role in change management programs during mergers and acquisitions, supporting successful integration and cultural alignment.

Company industry:
Industrial Production
Job role:
Manufacturing

Sr. Manager – Financial Controller

March 2019 - May 2024

Al-Rajhi Steel Industries Company (Rajhi Steel)

Riyadh, Saudi Arabia

March 2019 - May 2024

• Directed end-to-end finance operations for a SAR 15B steel manufacturer, ensuring strict compliance with IFRS, GAAP, and corporate governance standards.
• Designed and executed financial strategies that supported long-term business growth, improved capital efficiency, and enhanced shareholder value.
• Led and developed a high-performing finance team, embedding best-in-class processes and leveraging ERP (SAP & Oracle) to accelerate financial reporting and decision-making.
• Streamlined monthly, quarterly, and annual closing cycles, improving reporting timelines and accuracy, enabling faster strategic decisions.
• Delivered comprehensive management reports and performance analyses, providing actionable insights to the CEO, Board of Directors, and Executive Committees.
• Strengthened internal control frameworks across cash management, inventory, payroll, and capital assets, reducing operational risks and safeguarding multi-billion SAR assets.
• Partnered with banking institutions to secure optimal financing terms, maintain covenant compliance, and improve the company’s financial position.
• Led multiple ERP implementation and integration projects, enhancing data accuracy and operational efficiency.
• Spearheaded cost optimization and restructuring initiatives, achieving significant annual savings without compromising operational capacity.
• Managed due diligence, financial modeling, and regulatory compliance for IPO readiness and M&A transactions, collaborating with top-tier advisors.
• Directed budgeting, forecasting, and strategic planning processes, aligning financial resources with corporate objectives and market opportunities.
• Oversaw shareholder transactions and corporate governance documentation, ensuring transparency and compliance with all legal and regulatory requirements.
• Played a key role in change management programs during mergers and acquisitions, supporting successful integration and cultural alignment.

Company industry:
Manufacturing
Job role:
Manufacturing

Finance Manager

June 2016 - March 2019

Saudi Benaa For Building Materials (Benaa)

Riyadh, Saudi Arabia

June 2016 - March 2019

Company industry:
Trading & Commodity Trading

Financial Controlling Manager

November 2014 - June 2016

ArcelorMital Tubular Products Jubail (AMTPJ)

Jubail, Saudi Arabia

November 2014 - June 2016

Company industry:
Manufacturing

Financial Accounting & Control Section Head

June 2010 - October 2014

Solb Steel Company

Riyadh, Saudi Arabia

June 2010 - October 2014

Company industry:
Industrial Production

Accounts Payable Accountant

February 2009 - June 2010

El-Ajou Group

Riyadh, Saudi Arabia

February 2009 - June 2010

Trading and distribution (Agent for Canon & Other brands)

Company industry:
Trading & Commodity Trading

General and Cost Accountant

December 2006 - January 2009

Al-Hoshani Group of Industries

Riyadh, Saudi Arabia

December 2006 - January 2009

Company industry:
Industrial Production

Education

International Business Academy in Switzerland (IBAS)

January 2025

January 2025

Doctorate, Business Administration

Switzerland

International Business Academy in Switzerland (IBAS)

January 2022

January 2022

Master's degree, Business Administration

Switzerland

Benha University

January 2006

January 2006

Bachelor's degree, Accounting

Egypt

Skills

Merge
Expert
Merge
Expert
IPO
Expert
IPO
Expert
Cost Optimisation
Expert
Cost Optimisation
Expert
Internal Controls
Expert
Internal Controls
Expert
Strategic Planning
Expert
Strategic Planning
Expert
GOVERNANCE
Intermediate
GOVERNANCE
Intermediate
COMPOSITE MATERIALS
Intermediate
COMPOSITE MATERIALS
Intermediate
COST MANAGEMENT
Intermediate
COST MANAGEMENT
Intermediate
DATABASE ADMINISTRATION
Intermediate
DATABASE ADMINISTRATION
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
ENTERPRISE RESOURCE PLANNING
Intermediate
FINANCE
Intermediate
FINANCE
Intermediate
FINANCIAL MANAGEMENT
Intermediate
FINANCIAL MANAGEMENT
Intermediate
MASTER OF BUSINESS ADMINISTRATION MBA
Intermediate
MASTER OF BUSINESS ADMINISTRATION MBA
Intermediate
MERGERS AND ACQUISITIONS
Intermediate
MERGERS AND ACQUISITIONS
Intermediate
RESOURCE ACQUISITION
Intermediate
RESOURCE ACQUISITION
Intermediate
Merge
Expert
Merge
Expert
IPO
Expert
IPO
Expert
Cost Optimisation
Expert
Cost Optimisation
Expert
Internal Controls
Expert
Internal Controls
Expert
Strategic Planning
Expert
Strategic Planning
Expert

Languages

Arabic
Expert
English
Expert
French
Expert

Training and Certifications

Certifications
IFRS Immersion Master Class
Certified IFRS Specialist Course (IFRS)

Hobbies

  • Reading