Mohamed Shereef, Fleet & Operation Manager

Mohamed Shereef

Fleet & Operation Manager

Autorent Group(Suhail Bahwan Automobiles)

Location
Saudi Arabia - Riyadh
Education
Master's degree, Finance
Experience
15 years, 4 Months

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Work Experience

Total years of experience :15 years, 4 Months

Fleet & Operation Manager at Autorent Group(Suhail Bahwan Automobiles)
  • Saudi Arabia - Riyadh
  • My current job since April 2018

Business & Fleet Operation Management

Lead day to day operations and deliver on strategy and operational plans
Focus on reducing cost & improving profitability by maintaining optimum Utilization of fleets and resources
Disposal of used car vehicles as per the business plan with budgeted profitability
Coordinates implementation and execution of new/revised processes
Ensure day to day operations are in line with SOP of organization
Review internal controls and recommend enhancements

Financial & Business planning

Responsible to submit annual budgeting & periodic forecasting of business units
Design and implement department strategy and outline KRA and KPI to achieve the organizational goals
Review financial performance at product group, region and implement improvement plans
Provide detailed cost and variance analysis and identify key drivers for improvement plans
Closely work with Business Head for lease / rental pricing, implement revenue enhancement strategy

Achievements

Improved the fleet utilization from 79% to 85 % and resulted in reducing direct cost by 3%
Reduced fleet cost by 10 % by bringing internal approval matrix and strict monitoring of unutilized fleets
Developed strategic planning and performance monitoring system
Improved the GP by 4% by increasing the profitability of Used cars

Senior Executive- Business Finance at Autorent car Rental (Suhail bahwan group)
  • United Arab Emirates - Dubai
  • February 2009 to March 2018

Preparation of annual budget by coordinating with different department
Analyze financial statement, track financial performance against budget and provide variance and trend analysis.
Preparing monthly financial reports including profit and loss account and cash flow statement and Balance sheet.
Prepare and analyze weekly/monthly MIS on revenue, yield, fleet utilization, revenue per vehicle and fleet profitability.
Provide standard MIS report for different department and advise for corrective action for cost optimization.
Calculating the GP, IRR and NPV for fleet procurement, analyze the variance between actual vs projection
Analyze fleet maintenance cost, review budget and actual cost per kilometer and advise corrective action.
Closely work with senior management to formulate strategic objectives and balance score card of the company

Education

Master's degree, Finance
  • at Manonmaniam Sundaranar University
  • March 2013

MBA with specialization in Finance.

Specialties & Skills

Financial Modeling
Cash Management
Budgeting and Forecasting
Financial Reporting
MIS Reporting
MS Excel
MS Word
MS Power point
Communication
Problem solving
Analytical skill
Team management
Time management
Goal Oriented
Leadership

Languages

English
Expert
Hindi
Intermediate
Arabic
Beginner

Memberships

Institute of Management Accountant
  • 8299458
  • September 2014

Training and Certifications

Through customer eyes (Training)
Training Institute:
Suhail Bahwan Group
Date Attended:
November 2013
Duration:
12 hours
Certified Management Accountant(CMA) (Certificate)
Date Attended:
September 2016
Emerging Leaders workshop (Training)
Training Institute:
Suhail Bahwan Group
Date Attended:
September 2013
Duration:
12 hours

Hobbies

  • Playing badminton,Driving.