Mohammad Shamout

-Led cross-functional financial reviews and variance analysis, increasing decision-making speed and accountability across business units.
-Optimized capital allocation and investment strategies, achieving improved returns and risk-adjusted performance in line with regulatory thresholds.
-Enhanced regulatory compliance reporting, reducing audit queries and improving transparency in regulatory submissions.
-Initiated finance transformation programs including automation and dashboard development, reducing monthly reporting time by 40%.
-Partnered with actuarial, underwriting, and risk teams to deliver insights that improved profitability and operational efficiency.
-Directed strategic financial operations including budgeting, forecasting, investment planning, and financial reporting, aligning outcomes with executive goals.
-Oversaw and mentored finance team members to uplift analytical capacity and succession planning capabilities.

-Led the preparation and consolidation of the annual budget and financial forecasts, aligning business planning with strategic goals.
-Managed financial reporting and analytics for the executive team, supporting data-driven decision-making at the CFO level.
-Reviewed and enhanced investment performance reports, contributing to better asset allocation strategies and compliance with IA guidelines.
-Created customized financial models for regulatory and internal reporting, improving reporting accuracy and agility.
-Developed market reports supporting competitive positioning.
-Supervised financial statement reviews, improving accuracy and reducing closing cycles by streamlining internal processes.
-Played a key role in the successful IFRS 17 implementation, ensuring readiness for complex reporting requirements.
-Designed and implemented the company's VAT framework, achieving full compliance and minimizing tax risks.
-Built the investment reporting model from the ground up, facilitating better oversight and performance tracking.
-Created a structured surplus distribution process, enhancing transparency and policyholder trust.
-Collaborated on ERP system implementation, increasing efficiency in reporting and transaction tracking.

-Developed a risk-based audit plan focusing on financial, operational, and regulatory risks across the business.
-Oversaw internal audit reviews and compliance assessments, significantly reducing operational and control risks.
-Served as secretary to the Audit Committee, facilitating board-level governance and risk oversight.
-Conducted market research and initiated a competitive market framework, identifying KPIs for strategic planning.

-Designed and executed internal audits; developed the department’s first audit manual and procedures.
-Issued recommendations on internal control weaknesses, driving improvements in financial accuracy and operational controls.
-Produced a quarterly financial analysis report, offering insights into key trends and variance drivers.