Khaled M Saleh MBA CMA CFM

 Advising the board on strategic direction as the business evolves, including identifying future
investment opportunities and assessing potential risks, weaknesses, and strengths.
 Providing visionary leadership for the Board’s Finance and Accounting strategy to optimize
the company’s financial performance and strategic positioning.
 Heading multiple departments while gathering financial data, forecasting trends, monitoring
cash flow, analyzing competitors, collaborating with auditors, allocating budgets, and
supervising staff.
 Reporting directly to senior management and delivering financial guidance and leadership to
the company’s global team; formulating recommendations and implementing policies for
optimal budget utilization.
 Conducting comprehensive financial analysis, planning, and reporting processes across
various corporate departments.
 Directing, monitoring, and executing operating expense budgets for all divisions to ensure
fiscal responsibility.
 Providing financial updates and insights on departmental budgets, identifying risks and
potential opportunities, and conceptualizing long-term strategies to enhance efficiency.
 Designing and recommending innovative business funding models across departments,
delivering creative solutions to complex funding challenges.
 Managing periodic forecasting schedules, including accountability for all costs, to ensure
precise budgeting, variance analysis, and financial reporting.
 Representing the company in meetings with financial service providers, including banks,
treasury management groups, investment banks, fund managers, and insurance
corporations.
 Negotiating favorable terms and conditions with banks for short- and long-term financing
after reclassifying financial statements, while optimizing fund utilization to improve turnover
ratios.
 Conducting tax audits and executing necessary procedures for timely and accurate reporting
of tax payments to local tax authorities.
 Steering all accounting operations and establishing internal and external audits to ensure
data accuracy, including timely examinations of financial records in compliance with
accounting standards.
 Planning and performing audits of the internal team’s work; ensuring adherence to defined
SOPs, initiating actions to address noncompliance, and creating detailed records for future
reference.
 Ensuring compliance with governance policies and consistently meeting stakeholders’
expectations.
 Setting and communicating team and individual objectives and KPIs to inspire high
performance among team members.
 Leading the complex consolidation of financial and accounting information across different
business units while ensuring transactions comply with GAAP/IFRS standards.

Key Result Areas: Driving achievement of business growth & profit goals by formulating & implementing strategic financial solutions and business policies, procedures & systems for tracking financial operations. Developing, analyzing & implementing budgets; monitoring budgets for deviations, conducting variance analysis and making recommendations for new or revised budget norms or procedures.
• Efficiently & effectively negotiated terms & conditions with banks for short-term / long-term finance, after reclassification of Financial Statements; also optimized the utilization of funds to improve turnover ratios of the company
• Played a key role in monitoring overall audit & tax functions; successfully managed functions pertaining to outside audit as well as reviewed firm’s performance
• Developed & implemented accounting & administrative policies for a wide-ranging set of activities including financial accounting and reporting, employee relations (hiring/terminating policies) and other corporate policies
• Successful in administering the accounting records & financial reports; provided an effective control, developed best practice financial accounting & control procedures; supported, advised & developed the team
• Planned & performed auditing of internal teams work; ascertained adherence to defined SOPs, steered action to address non-compliance and created detailed records of every audit for future reference

activities as per specific tHighlights:
• Led the core team in the finance department across all Strategic Business Units (SBUs) of the company (Construction, Distribution, Retail, Trading and Consulting) and worked in conjunction with senior personnel to streamline operations.
• Reviewed existing systems and procedures to initiate process improvements and increase operating profits, rationalized key business processes to ensure reduction in administrative overheads and task completion lead times, and developed Standard Operating Procedures (SOPs) for the finance function.
• Administered the company’s National Nonprofit’s Strategic Plan, collaborated with the management / finance committee to finalize critical decisions that included sponsorships, mergers & acquisitions and trade partnerships.
• Negotiated terms & conditions with banks for short-term and long-term finance (after Reclassification of Financial Statements), and optimized the utilization of funds to improve turnover ratios of the company.
• Restructured the finance departments, delegated tasks to teams and encouraged multi-skilling to increase departmental productivity.

Key Responsibilities:
Business Strategy:
• In collaboration with senior executives of the company, define business goals, outline Key Performance Indicators (KPIs), and assign operational targets to teams for completion in a time-bound manner.
• Regularly liaise with the finance departments across various SBUs of the company to finalize departmental objectives and set performance parameters for the teams in line with top management directives.
• Direct the preparation of the annual operating budget, allocate resources to SBUs and key projects of the company, and oversee the organization-wide implementation of the budget; note reported deviations / variance from budgetary figures and implement corrective action in the relevant financial year.
• Contribute to the development of the company policy, specifically design the policy & procedures for finance departments and ensure statutory compliance along with adherence to management guidelines.
• Lead the complex exercise of consolidation of financial and accounting information for different business units of the company.
Accounting & Financial Management:
• Oversee the accounting function to ensure transactions are recorded as per GAAP, examine the books of accounts from time to time to ensure accuracy of trial balance and subsequently the financial statements during annual closing of books.
• Verify sources and applications of company funds for compliance with statutory guidelines of the region, initiate corrective measures in case discrepancies are detected, and modify internal processes to prevent recurrence.
• Provide decision-making support to the management for capital expenditure, prepare budgets (NPV, IRR etc.) and select the most profitable projects for long-term investment.
Cash Management and Internal Controls:
• Supervise the management of AR and AP to maintain adequate liquidity for smooth completion of daily operations, implement systems to strengthen the invoice & expense processing activities, and scrutinize petty cash records.
• Plan and control short-term investments according to liquidity requirements of the company, monitor cash withdrawals and verify the accounting heads for each transaction; review cash from operating, investing and financing activities.
• Regularly audit the work of internal teams, ascertain adherence to defined SOPs, take action to address non-compliance and create detailed records of every audit for future reference.
• Estimate financial requirements for projects, secure project finance from approved financial institutions and banks at reasonable interest rates, judiciously allot resources and supervise completion of imelines.

Led comprehensive valuation initiatives, defining financial objectives while designing and
implementing robust systems, policies, and procedures to enhance internal financial control.
 Steered all monetary functions, including income, expenses, payroll, investments, mergers,
and acquisitions, while establishing strategic financial goals and frameworks for governance.
 Directed the company's financial management policy and meticulously scrutinized mandatory
accounting disclosures for regulatory compliance and annual reporting.
 Analyzed and refined financial management systems and procedures, enforcing stringent
internal controls to detect fraud and prevent financial mismanagement, safeguarding
company assets.
 Delivered strategic consultation on financial and contractual matters, instituting effective cost
control measures that significantly improved profitability.
 Recommended actionable insights based on in-depth financial analysis, including cost
identification, revenue/expense assessments, and financial projections.
 Evaluated business performance and assessed revenue flows, providing critical input to
senior management to optimize resource allocation and enhance cash conversion cycles
across key departments.
 Coordinated effectively with banks and financial institutions to secure both short-term and
long-term financing, including obtaining Letters of Credit and Bank Guarantees for
international trade transactions.
 Championed the ERP system implementation as Project Manager, defining requirements,
overseeing the implementation process, and ensuring rigorous testing for operational
efficiency

Managed the organization's financial reporting by analyzing potential earnings and expenses,
invoicing, cash flow, fund sourcing, project financing, and taxation policies, ensuring
compliance with regulatory guidelines.
 Steered daily, monthly, and annual closing of accounts, designed functional budgets,
maintained the fixed assets register, calculated depreciation, and acquired new assets
aligned with operational scale across diverse business units.
 Championed the verification of accounting information to facilitate financial audits,
addressing inquiries from external auditors, government agencies, and investors for timely
submission of financial reports and mandatory disclosures.
 Supervised the preparation of net asset values and fund administration functions on a daily
and monthly basis, ensuring accuracy and transparency in reporting.
 Collaborated with the Business Support team on purchasing, credit control, invoicing
activities, vendor management, and sales processes to optimize operational efficiency