Chief Financial Officer
SAMA Group
Total years of experience :15 years, 3 Months
• Achieved budget reduction of approximately 10% through improved IT expenditures and support, reductions in consultant contracts and unnecessary travel expenditures.
• Planned, coordinated, budgeted, and supervised construction projects of small- and medium-scale schools, including government’s licenses and approvals.
• Owned P&L, accounting processes, financial reconciliation at corporate and account levels, budget preparation and financial reporting.
• Managing business development activities for the company including delegating duties to departmental heads as per their expertise.
• Manage the Learning Resource System including, but not limited to budgeting, hours of operation, staffing, and purchase of new inventory/books.
• Representing the organization to clients, business partners and stakeholders.
• Responsible for new acquisitions and business development.
• Work cooperatively with leadership in planning programs to identify and meet training needs and regulatory requirements.
• Reconstructed accounting processes resulted in 1.5M USD Tax saving (Cash).
• Generated $0.5 million in cash from working capital in first 6 months in position through modified collections and vendor payment processes.
• Managed 10 in-house and 15 offsite associates in four different countries.
• Managed and improved the entire billing, collection processes, which resulted in improved collection by 32% YOY
• Managed Vodafone’s full P&L including monthly closing, reporting and accounting reconciliation. (€1.5 billion revenues)
• Established internal control by maintaining GAAP and IFRS accounting principles.
• Presented to CEO, CFO and leadership team monthly results with focused emphasis on key performance variance drivers.
• Implemented SAP financial system integrating with Oracle system resulting in greater automation and a streamlined close process.
• Developed detailed margin and EBITDA analysis by product to improve profitability. Worked closely with executive management team to grow top line revenues by over 200% in a one year period through new customer acquisition, incentive models and increased account penetration.
• Managed multiple teams responsible for operating budgets and completed over 100 business cases simulations in response to market needs.