Dr Mohamad Shaaban AlJuhani

• Collaborate with the CEO and Board of Directors to align financial planning with organizational goals,
ensuring fiscal sustainability and stakeholder value creation.
• Develop and implement comprehensive risk management frameworks to identify, assess, and mitigate
financial, operational, and market risks across the organization.
• Ensure the companys risk exposure is within acceptable limits while supporting growth initiatives.
• Oversee internal audits, regulatory compliance, and adherence to IFRS/Saudi GAAP standards, ensuring robust
governance and safeguarding organizational assets.
• Lead scenario planning and stress testing to evaluate the impact of macroeconomic factors, geopolitical risks,
and market volatility on the companys financial health.
• Ensure adherence to corporate governance standards, regulatory requirements, and internal controls to
maintain the integrity of financial operations.
• Develop and implement proactive risk mitigation strategies to safeguard the companys financial health and
ensure resilience in a dynamic market environment. Regularly review and update risk management policies to
address emerging challenges.
• Monitor liquidity, credit exposure, market volatility, and operational risks proactively.

 Strategic Role:

• Support the CEO in the development of the corporate strategy to achieve the companys strategic intent and achieve business objectives including generating revenue, achieving profitability, and sustaining growth.
• Monitor the progress of plans, programs, and initiatives of the Finance function and ensure they are implemented to achieve the desired outcomes.
• Monitor the Finance function performance against pre-set performance goals to ensure that progress is being made in the desired direction and preventive/corrective actions are taken accordingly.
• Responsible for establishing and maintaining a single and centralized Chart of Accounts to record all accounting allocations in order to maintain, classify and report the financial transactions of Flow.
• Develop financial policies, procedures, and guidelines for the company.

 Leadership Role:

• Conduct periodic meetings with subordinates to ensure that business priorities are clear and workflow is running smoothly.
• Monitor and evaluate the performance of subordinates and their respective functions and ensure compliance with corporate policies and objectives, as well as assess their contributions/efforts towards attaining the set objectives.
• Recommend appropriate training to subordinates as per the pre-determined training needs and evaluate their effectiveness in terms of achieving the intended objectives.
• Follow-up on subordinates administrative affairs such as vacations, leaves, etc.
• Participates in professional development activities and maintains professional affiliations.
• Maintains strictest confidentiality.

 Operational Role:

• Oversee the analysis of budgets received from the various departments and prepare a consolidated budget for the company.
• Monitor variances between budgeted and actual expenditures and distribute reports to the respective Sector/department.
• Monitor cash flow and report major deviations from the cash flow projection.
• Responsible for oversight of financial internal controls and coordination of all financial audits.
• Review the companys annual accounts and oversight external auditors.
• Advise on contract negotiations from a financial impact perspective.
• Oversee the financial statements review process and provide feedback.
• Ensure the company complies with all relevant financial and statutory requirements.
• Keep up-to-date with financial reporting and accounting standards, relevant regulations, and industry best practices.
• Maintain external relationships with banks, auditors, and third-party vendors.

 Digital Transformation:

• ERP System Implementation: Led the implementation and management of the SAP ERP system to streamline accounting processes and improve efficiency.
• Automation Initiatives: Spearheaded automation projects to enhance financial reporting accuracy and reduce manual workload.
• Data-Driven Decision Making: Utilized advanced data analytics tools, such as Excel and SAS, to provide insights for strategic decision-making.
• Digital Skills Development: Trained team members on digital tools and best practices to foster a tech-savvy work environment.

• Strategic Transformation and IPO:
◦ Led the strategic initiative to transform the company into a closed joint stock entity, overseeing all financial
and legal aspects of the transition.
◦ Played a pivotal role in preparing the company for its Initial Public Offering (IPO), including:
◦ Developing a comprehensive financial strategy to optimize the companys valuation.
◦ Coordinating with investment banks, legal advisors, and auditors to ensure compliance with
regulatory requirements.
◦ Preparing and presenting financial statements and projections to potential investors.
◦ Implementing robust financial reporting systems to meet the increased transparency demands
of a public company.
◦ Managed investor relations pre- and post-IPO, effectively communicating the companys
financial position and growth strategy to shareholders and analysts.
◦ Restructured the companys financial operations to align with the new closed joint stock status,
ensuring adherence to relevant corporate governance standards.
◦ Developed and implemented new financial policies and procedures to support the companys
growth as a public entity.
◦ Oversaw the creation of a dedicated investor relations team to maintain ongoing
communication with shareholders and the financial community.

 Financial Strategy and Policy Development:
• Architecting and executing comprehensive financial strategies and policies to fortify organizational fiscal health, aligning closely with overarching objectives and industry best practices.

 Budget Oversight and Analysis:
• Directing the complete budgeting lifecycle with meticulous attention to detail, including meticulous preparation, rigorous review, and insightful variance analysis, to optimize resource allocation and drive operational efficiency.

 Financial Performance Monitoring:
• Vigilantly monitoring financial performance to identify opportunities for cost reduction and operational enhancement, ensuring continuous improvement and sustainable growth.

 Cash Flow Management and Optimization:
• Expertly orchestrating cash flow management activities, including forecasting and optimizing working capital utilization, to maintain liquidity and support strategic initiatives.

 Precise Financial Reporting:
• Overseeing the production of accurate and timely financial statements, adhering strictly to accounting standards such as IFRS, to provide stakeholders with transparent and reliable insights.


 Internal Control Implementation:
• Erecting and upholding robust internal controls to safeguard financial assets and uphold the integrity of financial reporting, conducting regular audits to address any discrepancies or irregularities.

 Dynamic Team Leadership:
• Leading and developing a high-performing finance team through strategic recruitment, comprehensive training, and ongoing performance evaluation, fostering a culture of excellence and collaboration.

 Strategic Financial Planning:
• Collaborating closely with executive leadership to formulate enduring financial strategies aligned with organizational goals, leveraging insightful analysis of financial data and market trends to inform strategic decision-making.

 Comprehensive Risk Management:
• Identifying and assessing financial risks, and devising proactive mitigation strategies to ensure resilience in the face of uncertainty, while maintaining full compliance with tax regulations and regulatory standards.

• Precise Financial Reporting:
◦ Overseeing the production of accurate and timely financial statements, adhering strictly to accounting
standardssuch as IFRS, to provide stakeholders with transparent and reliable insights.
• Internal Control Implementation:
◦ Erecting and upholding robust internal controls to safeguard financial assets and uphold the integrity of
financialreporting, conducting regular audits to address any discrepancies or irregularities. Dynamic Team Leadership:
◦ Leading and developing a high-performing finance team through strategic recruitment, comprehensive
training, and ongoing performance evaluation, fostering a culture of excellence and collaboration. Strategic Financial Planning:
◦ Collaborating closely with executive leadership to formulate enduring financial strategies aligned with
organizational goals, leveraging insightful analysis of financial data and market trends to inform strategic
decision-making.
• Comprehensive Risk Management:
◦ Identifying and assessing financial risks, and devising proactive mitigation strategies to ensure resilience in the
faceof uncertainty, while maintaining full compliance with tax regulations and regulatory standards.

• Strategic Financial Operations Oversight:
◦ Lead comprehensive oversight of all financial operations, including managing the entire accounting
cycle encompassing AR, AP, invoicing, collections, and PP&E, ensuring strict adherence to IFRS/Saudi GAAP
standards.

 Strategic Financial Operations Oversight:
• Lead comprehensive oversight of all financial operations, including managing the entire accounting cycle encompassing AR, AP, invoicing, collections, and PP&E, ensuring strict adherence to IFRS/Saudi GAAP standards.

 Robust Internal Control Implementation:
• Drive the implementation and maintenance of robust internal controls to safeguard company assets and uphold data integrity, conducting regular reconciliations of bank statements and accounts payable/receivable

 Timely Financial Reporting & Analysis:
• Ensure timely and accurate preparation and consolidation of financial statements in compliance with IFRS/Saudi GAAP standards, while providing insightful variance analysis and solutions for financial discrepancies to support informed decision-making.

 Strategic Budgeting & Forecasting:
• Collaborate closely with department heads to develop and manage annual budgets, while creating accurate financial forecasts to guide future revenue and expense projections, and proactively identifying variances for corrective actions.

 Efficient Systems Management:
• Lead the implementation and ongoing management of the Oracle ERP system to streamline accounting processes, while developing and maintaining accounting policies and procedures to ensure regulatory compliance and internal control efficacy.

 Dynamic Team Leadership:
• Provide mentorship, training, and performance evaluations for accounting staff, fostering a collaborative and positive work environment that inspires high-quality work and professional development.

Budgeting and Financial Planning:
• Spearheaded the development of annual budgets and forecasts in close collaboration with departmental leaders.
• Analyzing actual financial performance against budgeted targets, furnishing actionable insights.
• Identifying areas of variance and prescribing corrective measures to align with financial objectives. Cost Analysis and Management:
• Scrutinizing product, project, and departmental costs to optimize resource allocation and enhance cost effectiveness.
• Crafting and upholding meticulous cost models, pinpointing avenues for cost reduction and process refinement.
• Assisting in pricing strategies and engaging in cost-related negotiations with suppliers and vendors. Financial Reporting:
• Crafting precise and punctual financial statements, spanning income statements, balance sheets, and cash flow statements.
• Generating exhaustive cost and financial analysis reports to bolster decision-making processes.
• Ensuring adherence to pertinent accounting standards and reporting mandates. Financial Analysis:
• Conducting in-depth financial analysis to bolster strategic decision-making, investment assessments, and performance evaluations.
• Offering insights into critical financial metrics, trends, and potential risks and opportunities. Cross-Functional Collaboration:
• Collaborating seamlessly with various departments to gather financial data, validate assumptions, and harmonize budgets with organizational objectives.
• Liaising closely with procurement, operations, and sales teams to evaluate cost implications and financial viability of initiatives. Process Improvement:
• Identifying avenues for enhancing financial reporting processes, budgeting methodologies, and costing frameworks.
• Implementing cutting-edge practices and automation to augment efficiency and precision. Financial Systems and Tools:
• Harnessing financial software and tools proficiently to manage and analyze financial data with precision.
• Safeguarding data integrity and accuracy within financial systems. Mentorship and Leadership:
• Providing adept guidance and mentorship to junior members of the finance team.
• Sharing expertise and best practices to foster the teams financial expertise and professional growth.

• Strategic Budgeting and Financial Planning:
◦ Championed the development of comprehensive annual budgets and forecasts in close collaboration
withdepartmental leaders, leveraging keen financial acumen to ensure alignment with organizational
objectives.
• Precise Cost Analysis and Management:
◦ Conducted meticulous scrutiny of product, project, and departmental costs to optimize resource allocation
and drive cost-effectiveness, while crafting and maintaining rigorous cost models to identify opportunities for
refinement andreduction. Rigorous Financial Reporting:
◦ Produced precise and timely financial statements, including income statements, balance sheets, and cash
flow statements, adhering rigorously to pertinent accounting standards and reporting requirements, bolstering
transparencyand compliance.