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khaled Hammad, CEO, acting CFO

khaled Hammad

CEO, acting CFO·greendoor_PAL

Saudi Arabia

Master's degree, CFC and IACPA

Work experience

Total years of experience: 41 years, 4 months

CEO, acting CFO

September 2020 - Present

greendoor_PAL

Bethlehem, Palestine

September 2020 - Present

There is no standardized list of the major functions and responsibilities carried out

The following is perspective functions :-

* Create and implement growth strategies
* Clarify and clean up the brand
* Building the team.
* Board Administration and Support
* Financial, Tax, Risk and Facilities Management
* Community and Public Relations
* Program, Product and Service Delivery

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

Group Chief Financial Officer " Group CFO"

December 2012 - August 2020

UMGroup

Riyadh, Saudi Arabia

December 2012 - August 2020

A Qualified Chief Financial Officer (CFO), with experience of leading finance and operations strategies to facilitate Group ambitious growth plans
Provide advice on improving finance processes and data automation. Consult on strategy, new business model and products
Possessing excellent communication skills
•Allocate capital based on the firm strategic plan&goals to boost the capital efficiency of resources.
•Appraising firm risk exposure and Developing effective mitigating strategies.
•Bridging the gap between major stakeholders both internally and externally using research-based methods to help board and subcommittees.
•Partnered with the CEO and other senior stakeholders to ensure the group hits its strategic milestones.
•Developing Corporate financial policies, procedures & workflow, Internal Control, Cost Control & Treasury planning, processes, and procedures.
•Developing the financial, accounting and treasury corporate policies in alignment with overall governance framework toward best practice.
•Developing the finance strategy, including developing commercial reporting to satisfy business needs.
•Ensure compliance and cost control mechanisms are in place to protect organizational interests.
•Establishing budgeting and cash flow forecast guidelines (Term 1- 5 years) plans.
•Managing cash flow and treasury ensuring they are in line with the growth strategy.
•Managing and Controlling All Financial, Accounting aspects of the Business Units.
•Providing the required financial analysis to support Management in the development of their capabilities.
•Providing financial, accounting reports, and interpreting financial information to managerial staff recommending further courses of action.
•Re-established and updated a firm-wide financial and accounting P&Procedures.
•Reporting financial, risk, and compliance matters to the Audit Committee.
•Reviewing and providing feedback on the initial Business Model from Strategy, Design, and Business Development Departments.
•Successfully drove the project of adopting IFRS rules and standards for the Group

• Contributing in Board and Subcommittee meetings

Company industry:
Retail & Wholesale
Job role:
Accounting and Auditing

Financial Controller- Reporting to VP of Finance

June 2008 - August 2012

Nahdi Medical Co

Jeddah, Saudi Arabia

June 2008 - August 2012

With KEY CONTRIBUTIONS:-
• Head and manager Finance and collection Team(staff of 85+ persons), Cost controlling regulatory and financial reporting
• Led the communications with banks
• Analyzed the on-going profitability of all ventures
• Directed the preparation of the budget planning, financial forecasts, and Sales analysis Reporting
• Development of strong internal control policies and procedures, filing requirements for Audit&TAX
• Facilitated necessary annual audits with internal & external audit committee.
• Contributed in producing sustainable financial strategies Worked closely with the IT team for automation all financial data
• Key member of the management team (STEERING COMMITTEE)

Company industry:
Pharmaceutical Manufacturing
Job role:
Accounting and Auditing

Finance Director

June 2006 - June 2008

Aljomaih Auto Co. - Dammam

Dammam, Saudi Arabia

June 2006 - June 2008

A driven, resilient and enthusiastic Finance Director to add value and reduce costs within the company I was assigned with the following duties: -
• Providing Top management accounts, financial reports, Continuously reviewing the co.’s financial processes, procedures systems.
• Overseeing budgetary control review & Cash Flow
• Ensuring that the accounting P & Procedures are implemented and in compliance
• ERP Project- Finance Team Leader
• Reduced annual Operating Costs (3.5% = SAR 7.8 MM) by Streamlining Financial Programs, thru Controlling the projects & expenses with Budget and funds

Company industry:
Automotive Dealership & Distributor
Job role:
Accounting and Auditing

GM -Finance & Administration - Reporting to President

September 2001 - June 2006

GBN Group

Khobar, Saudi Arabia

September 2001 - June 2006

• Prepare Strategic Plans, Conduct P& L Analysis, and Administer Financial Reporting
• Responsible for Management and Operation of Finance, Accounting, HR, & Supply Chain
• Implement Effective Cost Control Measures & Tools according to accepted accounting practices (GAAP).
• Identified and implemented best practices for financial control Programs, thru Controlling the projects & expenses with Budget and funds

Company industry:
Installation & Technical Services
Job role:
Accounting and Auditing

Credit Manager& Dy. Financial Controller-Reporting to MD

July 1997 - August 2001

Universal Motors Agencies

Khobar, Saudi Arabia

July 1997 - August 2001

As Agent for General Motors Auto firm, I was assigned with the following duties:
•Prepared and analyzed robust reports for management accounts, sales, purchasing, payable, receivables and other data.
•Directed the organization-wide annual financial planning and budgeting process and cash flow.
•Structured deals and negotiated with financial institutions to get facilities financed and funded
•Planned, organized, executed strategic goals.
•Produced and developed wide range of CREDIT Policies & Procedures, funding collections roles,

Company industry:
Automotive Dealership & Distributor
Job role:
Accounting and Auditing

Finance Manager

December 1993 - June 1997

Daewoo Arabia Co. Ltd. (Korean Construction Co.)

Khobar, Saudi Arabia

December 1993 - June 1997

As a Korean construction firm classified as CERTIFIED contractor with ARAMCO Co.

Career NOTE : History of career can be provided upon request please

Company industry:
Construction & Building
Job role:
Finance and Investment

Chief Accountant

August 1989 - June 1993

Al-Mawarid Trading Co. Ltd

Khobar, Saudi Arabia

August 1989 - June 1993

As part of Group, a Trading Co. dealing with Retail & FMCG (Food & NON Food)

Career NOTE : History of career can be provided upon request please

Company industry:
FMCG
Job role:
Accounting and Auditing

Senior Accountant

June 1984 - August 1989

Saudi Automotive Service Co

Riyadh, Saudi Arabia

June 1984 - August 1989

Career NOTE : History of careers can be provided upon request please

Company industry:
Automotive Dealership & Distributor
Job role:
Accounting and Auditing

Education

Institute of Management Accountants

November 2014

November 2014

Master's degree, CFC and IACPA

Canada

Carolina Int'l University

July 2007

July 2007

Master's degree, Business Administration

United States

GPA (percentage): 80%

GPA (percentage): 80%

Najah Nat’l University

April 1984

April 1984

Bachelor's degree, Business Accounting An

Palestine

GPA (percentage): 73%

GPA (percentage): 73%

Skills

Cash Flow Management
Expert
Cash Flow Management
Expert
Top Management
Expert
Top Management
Expert
Strategic Planning
Expert
Strategic Planning
Expert
Strategic Financial Planning
Expert
Strategic Financial Planning
Expert
ERP CRM
Expert
ERP CRM
Expert
ACCOUNTANCY
Expert
ACCOUNTANCY
Expert
BUDGETING
Expert
BUDGETING
Expert
CASH FLOW
Expert
CASH FLOW
Expert
CUSTOMER RELATIONS
Expert
CUSTOMER RELATIONS
Expert
FINANCE
Expert
FINANCE
Expert
FINANCIAL
Expert
FINANCIAL
Expert
FINANCIAL REPORTING
Expert
FINANCIAL REPORTING
Expert
FORECASTING
Expert
FORECASTING
Expert
FUNDS
Expert
FUNDS
Expert
POLICY ANALYSIS
Expert
POLICY ANALYSIS
Expert
Cash Flow Management
Expert
Cash Flow Management
Expert
Top Management
Expert
Top Management
Expert
Strategic Planning
Expert
Strategic Planning
Expert
Strategic Financial Planning
Expert
Strategic Financial Planning
Expert
ERP CRM
Expert
ERP CRM
Expert

Languages

Arabic

Native Speaker

English

Expert

Training and Certifications

Certifications
"IACPA", the International Arab Certified Public Accountant
Nov 1999 - Nov 2025
" CFC " Certified Financial Consultant
Nov 2010 - Nov 2025

Training
W.SHOP on the 7 thinking Hats@ DeBono Academy for Thinking Training-Mar.2016
the 7 thinking Hats
Mar 2016
Work SHOP on Business Project’s Planning @ KAU- Jan.2016
Business Project’s Planning
Jan 2016
Seminar on IFRS Convergence in Saudi Arabia @ KAU - KPMG-Dec.2015
IFRS readiness
Dec 2015
CMA preparation Program- studying for "CMA certification (in process).
CMA Preparation Certificate
Oct 2016

Hobbies and interests

Volleyball
Mountaineering
Walking
Reading

Cost reduction around SR 7.8 Mn Implementation of Oracle system - finance module Re-engineering the structure of Financial dept. Directing the transmission of IFRS project.