Nader Mardini, Group Chief Financial Officer

Nader Mardini

Group Chief Financial Officer

Al Falah Readymix

Location
Saudi Arabia - Riyadh
Education
Master's degree, Global Finance and Banking
Experience
28 years, 10 Months

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Work Experience

Total years of experience :28 years, 10 Months

Group Chief Financial Officer at Al Falah Readymix
  • Saudi Arabia - Riyadh
  • My current job since September 2020
Chief Financial Officer at Engie - Tihama Power Generation
  • Saudi Arabia - Khobar
  • March 2017 to February 2020

As the CFO, I managed the successful settlement of claims and counterclaims between the company, the principal customer and EPC contractor; unlocked and distributed dividends to shareholders after being blocked by lenders since 2015; led the successful VAT implementation and compliance process; directed conversion from Saudi GAAP to IFRS as adopted by SOCPA; implemented Transfer Pricing rules and reporting requirements; led and delivered performance improvement and digitalization initiatives across Finance, Procurement, and HR; directed cybersecurity implementation and hardening; improved maintenance scheduling, planning and coordination leading to lower procurement and maintenance costs, and shorter maintenance and shutdown periods that increased productivity and generated higher revenues.

Senior Director, Head of Financial Planning & Control at Saudi Oger Limited
  • Saudi Arabia - Riyadh
  • January 1995 to March 2017

I secured credit facilities in excess of SAR 40Bn to support construction projects and acquisitions; turned around several multi-billion construction projects that were suffering liquidity shortages, delayed payments to vendors and increased financing costs; established internal control systems and procedures including the introduction and development of ERP systems, which provided robust financial management methods that controlled risk and compliance issues effectively; designed the entire cost accounting system for the Holy Quran printing facility; implemented WHT and reporting requirements; spearheaded a crisis management task force to liaise with SAMA and engage lenders and MoF following an EoD and a call on a substantial bond for one of the mega projects; preserved the project through demonstrating operational cure measures, active stakeholders involvement, top management commitment, and available liquidity to the international, regional and local banks.

Education

Master's degree, Global Finance and Banking
  • at King's College London
  • March 2021
Higher diploma, Financial Managememt
  • at Harvard Business School
  • April 2005

Focused Financial Management Series: Project Finance, Corporate Restructuring, Mergers & Acquisitions, Financial Instruments & Markets, Valuation

Bachelor's degree, Business Studies
  • at Lebanese American University
  • August 1994

Business Studies (Honors) with emphasis on Management.

Specialties & Skills

Statutory Reporting
Value Creation
Structured Finance
Corporate Finance
Strategic Financial Planning
Communication, Analysis and Problem Solving
Contracts Negotiation
Leadership
Structuring & raising financing
Corporate Finance

Languages

Arabic
Expert
English
Expert

Memberships

Association of Professionals in Business Management (APBM)
  • Certified Business Manager (CBM)
  • November 2001
Institute of Management Accountants (IMA)
  • Member
  • January 1998

Training and Certifications

Certified Business Manager (CBM) (Certificate)
Date Attended:
November 2001
Valid Until:
November 2015
Business Valuation & Valuation Modelling (Training)
Training Institute:
Institute for International Research
Date Attended:
April 2001
Tax & Zakat (Training)
Training Institute:
Ernst & Young
Date Attended:
January 2003
Project Finance Overview (Training)
Training Institute:
Redcliffe Training Associates
Date Attended:
March 2005
Advanced Structured Products & Finance (Training)
Training Institute:
Institute for International Research
Date Attended:
March 2005
Corporate Restructuring, Mergers and Acquisitions (Training)
Training Institute:
Harvard Business School
Date Attended:
May 2005
Financial Management: Valuation (Training)
Training Institute:
Harvard Business School
Date Attended:
April 2005
Financial Instruments and Markets (Training)
Training Institute:
Harvard Business School
Date Attended:
May 2005
Project Finance (Training)
Training Institute:
Harvard Business School
Date Attended:
April 2005
Financing Agreements in Project Finance (Training)
Training Institute:
Euromoney Legal Training
Date Attended:
March 2005
Advanced Busgeting and Forecasting (Training)
Training Institute:
Institute of International Research
Date Attended:
May 2000
Auditing Business Systems and Controls (Training)
Training Institute:
Institute of International Research
Date Attended:
November 2004

Hobbies

  • Quantum Mechanics, Chess