Corporate Governance & Quality Assurance Director
OMAR KASSEM ALESAYI GROUP
Total years of experience :29 years, 2 Months
• Designing & Implementing Group Corporate Governance & Risk Assurance Management with clear accountability & communication across the Group & Its Subsidiaries
• Establishing strategic visionary plan with a clear annual business operational plan with expected results through setting robust KPIs, dashboards, developing company performing processes, drafting detailed budgets with work break down structures, establishing ERPs across the company with consolidated eye view at the mother company level
• Developing & executing high-level operational excellence strategies, making high-stake decisions and overcoming complex business challenges using experience-backed judgment, strong work ethics & irreproachable integrity
• Identifying & implementing strategies for building team effectiveness by promoting a spirit of cooperation between team members
• Collaborating with stakeholders while keeping them informed of progress and issues in order to manage expectations on all project requirements and deliverables
• Supporting all its 6 diversified sectors (Real Estate, Engineering & Technology, Automobile, Manufacturing, Consumer & Trading and Investment sector) and 61 group companies (www.alesayi.com)
• Contributing towards establishing Group Continuity/Third Generation/ Ownership structure for the Group; functioned as Project Manager to draft Family Constitution and family Governance to set up a family council and professional structural relationship between family and business
• Supporting in strengthening Saudization and HR functions - creating value proposition by Best Place to Work
• Setting up a complete Social Program for the Group to represent a strong corporate Citizen Image
• Monitoring organizational development from scratch with leading HR, Finance, Business Processes, IT & Strategic Management function
• Hiring the team and training them for their functional roles to perform individually as well as a team
-• Track record of implementing top to bottom Corporate Governance with a delegation of authority till operational level in Group’s 10 Subsidiaries including Group itself. Successfully instrumented Group’s Off-Shore Structure for third Generation setup for $165 Million Fund & representing Group to Investment Bankers and Fund Managers for its operations & approval controls & reports
• Played a key role in restructuring & transforming Group HR as Centralized role for Group’s 16 subsidiaries HR Administration and articulated the Group HR policies and procedures to bring uniformity to Group & Group Companies
• Adjudged for improving Group companies BEC's (Board Executive Committee) operational excellence - and refining action taking follow up on decisions, act as an advisor for Governance & Compliance concerns & awareness to Group & its companies board
• Successfully turned company with company management as an active role from SAR300 million to SAR1.5 billion Projects worth within 2 years
• Pivotal in supporting & setting up new vertical companies of Real Estate business by developing their Corporate Governance Matrix, Authority Matrix
• Directed support functions, including complete 20 modules ERP development & implementation, HR, administration, business processes, IT operations, procurement, finance, property and asset management
• Adjudged for saving to the company: $250, 000 (approximately) by performing the complete activity in-house by challenging pre-considerable out-sourced company
• Played a key role in developing and making functional the processes with localized model and best practices to meet the requirement of SOX compliance of Business Operations
• Track record of developing processes in-house for India & Saudi Arabia which resulted in saving to the company of $2 Million (Approximately) by avoiding earlier hired out-sourced companies
Growth Path:
Apr’01 to Jul’05 Accounts Analyst (Finance & Accounts)
Aug’05 to Jan’09 Internal Auditor & Risk Control Compliance Officer (middle management position)
Highlights:
* Ensured effective development of Procurement, Finance, HR, Property, Travel & Partnership manual and
accomplished the saving of $150, 000 for company
* Pivotally administered the update, development and implementation of appropriate policies, processes and
information systems and also conceived & formulated business plans/ strategies spearheading the process
reengineering initiatives of Procurement, Cash, HR, Property, Budgeting, Program Management, Partnership & Travel process which saved organization approximately $250, 000
* Performed as a:
o Lead Auditor & performed 38 audits and 7 audits as a fellow auditor
o Facilitator for the organization process re-engineering - Procurement, Cash, HR, Off-Balance Sheet Assets,
Partnership and Travel process rolls out in the entire sub-offices and headquarter
* Played a key role in imparting training to 750 employees of the organization about new organizational processes
Subjects Taught: Management Accounting, Cost Accounting, Business Communication, Business Law, Research Methodology and Business Environment
Specialization in Finance