Mohammed Alsharief CMA

Accomplishments:
• Head-hunted to provide ongoing financial executive leadership for the company and drive business and financial process improvements.
• Entrusted with providing key business advisory associated with fund flow management and budgeting for the company. Reported to the CEO.
• Instrumental in setting the overall finance and accounting policies, procedures & strategies, providing key business advisory as a key member of I Build’s management team.
• Served as a catalyst for change management, advised and influenced senior leaders and business executives on key business decisions and major change initiatives.

Responsibilities:
• Proffering financial direction, leadership, and oversight required to deliver excellent results and achieve all organizational goals. Establishing internal controls and ensuring optimal utilization of Company resources.
• Establishing a robust and high-quality financial control framework covering policies, standards and procedures are implemented and maintained across the Company. Ensuring integrity and accuracy of the financial statements including the financial position, profit or loss account, and the cash flow statement.
• Subject matter expert in diligently negotiating funding deals, finance leasing and long-term borrowing management.
• Nurtured synergistic relationships with banks, executing on relationship map to cover all decision-makers and influencers in the bank, which support loans restructuring, funds and facilities.
• Developing compelling vision, strategy & roadmap for enhanced budget management, organizational cash flow & forecasting. Reviewing the local & foreign suppliers’ payments and following up on client collection.
• Monitoring average interest rate spreads and margins. Developing marginal cost/benefit analyses thus aiding Business Strategists to determine where they should allocate their resources.
• Acted as primary liaison with external auditors in matters related to the investigation of their findings and recommendations.
• Superintending, mentoring and empowering a dynamic team, to be of high-caliber, recognizing and utilizing throughout the business as value-added business partners.

Accomplishments:
• Played a key role in aiding the Group to attain its strategic & tactical goals. Facilitated development, monitoring and reporting of key operational metrics & driving processes to improve consistent productivity/efficiency improvements.
• Served as a value-added business partner & challenger, provided financial analysis and decision support to the executive leadership team.
Responsibilities:
• Commanded/ Controlled the company’s finance function, ensured company financial systems are robust, and compliant & supported current activities and future growth.
• Delivered robust, timely, accurate financial reporting, fully compliant with IFRS, governance / regulatory requirements of all statutory bodies and Group accounting standards, and standing up to audit scrutiny.
• Managed and reviewed the chart of accounts every year. Ensured adequate accounting and supporting records are adequately maintained. Strengthening internal controls to eliminate revenue leakages, with a focus on revenue drivers.
• Annual budgeting and planning process owner, provided expert advice to senior management to ensure that budgets are on target & 100% aligned with the strategic direction of the company. Monitored budgetary control systems Analyzed variances in budgets and undertook corrective measures to drive profitability and improve processes.
• Established Key Performance Indicators (KPIs) for performance. And tracking the Company’s performance using relevant MIS and budgetary reporting tools for the Company’s operations.

Accomplishments:
• Served as Trusted Business Advisor, proffered strategic advice for investments, strategized vital business decisions, determined strengths and weaknesses, and presented a series of straightforward recommendations.
• Evolved the Financial Planning, Analysis, and Reporting process to aid decision-making and strategy alignment across the Company.
• Key Team Member of Oracle fusion implementation team, leveraged next-generation technology for enhanced processes

Responsibilities:
• Formulated and implemented financial strategies, objectives, policies, and procedures with a primary focus on establishing internal controls and ensured optimal utilization of Company resources.
• Functioned as the analytical engine of the Company, proffered data-driven insights to support optimal financial business decision-making- optimize the company’s financial health/performance and strategic position.
• Presided over day-to-day financial operations, established and implemented departmental policies/procedures & tracked company financial performance.
• Collated monthly, quarterly, and yearly financial report/ information decks for the Management. Empowered them with financial insights and metrics.
• Established an annual comprehensive budget & forecasting and analyzed the variance.
• Managed critical components of any business - cash flow management monthly, quarterly, and yearly.
• Administered cost management, prepared and reviewed service & construction costs monthly & yearly.
• Liaised with the external audit firm (BDO) for planning the annual audit.
• Analyzed costs, pricing variable contribution sales results, and the company’s performance compared to business plans.
• Supervised finance leasing and long-term borrowing management.
• Reviewed fixed assets schedule and capital expenditures, which are critical to an organization due to their substantial initial costs, irreversibility & long-term effects.

Accomplishments:
• Trusted Advisor on Mergers and acquisitions, for expertise in delivering vision and value. Administered the acquisition of AlFawz Investment Company and supervised the company's capital enhancement process.
• Assisted in commanding/ controlling the company’s finance function, ensuring company financial systems are robust and compliant and supporting current activities and future growth.
Responsibilities:
• As Operational Budget Holder responsible for ensuring corporate budgeting processes, forecasts, and financial projections were carried out timely & accurately.
• Developed and implemented strategies to improve accounting operations effectiveness, including developing and executing organizational, process, and system changes.
• Managed all accounting operations, including billing, A/R, A/P, GL and counsel, cost, and portfolio accounting.

Previous Professional Experiences:
• October 2006 - November 2007: Chief Accountant, Kuwait Resources House, Kuwait - Al Kuwait
• April 2005 - October 2006: Accountant, Osoul Investment Holding Company, Kuwait - Al Kuwait
• September 2000 - April 2005: Accountant, Kuwait Saudi Pharmaceutical Industries, Kuwait

As a finance professional with two years of experience in a lease and finance company
, I was responsible for managing various financial tasks. These included handling receivables, expenses, inventory, prepaid expenses, and bank reconciliation. Specifically, I ensured timely and accurate recording of all financial transactions, maintained accurate records of accounts receivable and payable, monitored inventory levels, and reconciled bank statements to ensure accuracy and completeness of financial data. Additionally, I prepared financial reports and statements, analyzed financial data to identify trends and variances, and provided recommendations to management for improving financial performance. Through my attention to detail, strong analytical skills, and ability to work independently, I consistently met or exceeded performance expectations and contributed to the overall success of the finance department.

Responsibilities:

1. Managed accounts payable and receivables, ensuring timely payment processing and collection of outstanding debts.
2. Oversaw shipping cost analysis and optimization, reducing expenditures while maintaining quality standards.
3. Performed monthly bank reconciliations, identifying discrepancies and resolving them promptly.
4. Analyzed purchasing expense trends, implementing strategies to minimize costs without compromising product quality.
5. Collaborated with cross-functional teams to develop and maintain budgetary controls, providing insights on financial performance and forecasting future needs.
6. Maintained accurate records and reports, adhering to internal control policies and regulatory compliance requirements.
7. Participated in special projects aimed at streamlining operational processes and improving overall efficiency within finance departments.
8. Provided guidance and training to new team members, fostering a culture of continuous improvement and knowledge sharing.
9. Liaised with external stakeholders such as suppliers, vendors, and auditors, representing the company professionally during negotiations and audits.
10. Stayed current with industry developments and best practices, contributing to ongoing process improvements and innovation within the organization.