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TAREK

Freelance CFO, Financial expert advisor, Corporate, ERP process implementor, Restructuring

Dubai, United Arab Emirates

With nearly 30 years of experience in managing finance and accounts, departmental administration, IT, I am confident in my ability to contribute to the success of your organization. Throughout my career, I have consistently maintained organizational bottom lines through a combination of financial prudence and managerial acumen. My expertise in M&A, Venture Capital, Private Equity, and acquisitions has allowed me to successfully navigate complex financial transactions and contribute to the growth and profitability of diverse organizations. I have a proven track record of spearheading multiple professional committees and effectively representing my department at executive committee meetings. This experience has honed my ability to collaborate with cross-functional teams and drive strategic decision-making processes. I possess a keen eye for monitoring changes and leveraging market trends, financial reports, and operating procedures to identify opportunities for reducing operating costs and increasing revenues. Furthermore, I bring expertise in business process management, process mapping, and improvement. I have successfully implemented streamlined processes and procedures that have enhanced operational efficiency, productivity, and customer satisfaction. My commitment to continuous improvement and innovation aligns well with the values of your company, and I am excited about the prospect of contributing to its ongoing success. In addition to my extensive experience, I am a dedicated and results-oriented professional with excellent leadership, communication, and interpersonal skills. I thrive in challenging and dynamic environments and have a proven ability to lead teams to deliver exceptional results.

Domain experience

Relevant Total Experience: 30 years

Seniority Level: Senior

Sector Experience: 

Alternative Finance Asset Management Construction Materials Diversified Financials Food and Staples Retailing Household and Personal Products Industrials Insurance Real Estate Management and Development

Skills

Skilled in: Corporate Development, Due Diligence, Financial Planning & Analysis (FP&A), Controlling, Value Creation & Enhancement, Strategic Finance, Private Equity & Growth Capital, Exit Readiness, Exit Strategy, Financial Modeling

Technical Skills: Enterprise Software, Microsoft Excel, PowerPoint, SAP, Microsoft Office

Languages: Arabic, English

Work Experience

Al Anwa Holding Company for Investments

Group CFO at Al Anwa Holding for Investments

1/2/2017

 

- 1/7/2023

Al Anwa Holding is a family office business under Sheikh Abdulaziz Al Ibrahim, with a total value of Assets of over USD 7 Billion, mainly in hotels, malls and raw lands all over Saudi Arabia, Egypt (Cairo, Ghardaga) and Lebanon Beirut. Group CFO - February 2017 – July 2023 Reporting to the Vice Chairman and Board, representing as a Board member in the various invested entities of the company. Leading the preparation and implementation of the financial vision for the company. Acting as the COO, responsible of IT, Procurement, and managing back office operations and business operations. Managing the Investment team on all investments by doing due diligence, financial modelling and analysis, structuring and negotiating and monitoring the performances with strong M&A and Joint Venture experience. Selected Accomplishments: • Contributed to the total business growth of 15% • Full restructuring of the group to enhance the Management of cash and increase revenues and profits • Negotiated with International banks on new loans and restructured existing loans • Lead investment committee meetings with strategies that lead to a 10% increase in AUM • Board member of companies under investments or fully owned companies • General manager of subsidiary companies in Europe focused on Real Estate and O&M • Efficiently managed budgets and expenses to ensure that the set profit

Safari Group

Group CFO

1/2/2015

 

- 28/2/2017

Group CFO, Reporting to the Chairman, who also acts as the CEO, and the Board members. Lead and implemented a complete restructuring of the organization. Rendered consultancy to the management in defining organizational vision aligned to business growth. Evaluated credit requirements / working capital management for monitoring & managing fund flow with related interest costs. Managing all the Fixed Assets of the company from Land properties to all kinds of Construction Equipment. Selected Accomplishments: • Contributed to the full restructuring of the organization which improved total business growth more than 30% • Sold an underperforming company with all its liabilities at a valuation exeeding 25% then what the Board had dictated • Significantly enhanced organizational fund availability for existing & future business ventures of the organization by negotiating contracts with 7 local and international banks • Acknowledged for efficient management of organizational cash during crisis of end 2015 and 2016 • Core member of the Executive Management team in defining & implementing strategy for group companies (Construction, Operations & Maintenance, Telecom, Retail, Travel and FOB) • Created and headed the PMO function with all the teams involved building the business process planning, process mapping and improvement

El Seif Engineering Contracting

FINANCIAL DIRECTOR / Acting CFO

1/9/2008

 

- 28/2/2015

El Seif Engineering Construction Company is a family business of over 50 years’ experience in Construction in KSA, UAE, Qatar and Lebanon with over 10,000 employees Finance Director / Acting CFO September 2008 – February 2015 Reporting to the Vice Chairman with a dotted line to the CEO. Led a team of 60 Staff including 5 Financial Controllers in Saudi Arabia, Qatar and UAE, with a turnover over 5 Billion Riyals per annum. Developed & implemented strategic decisions related to future strategy and organization structure of the company as a Core Member of the Steering Committee, Active Member with the Executive Management. Selected Accomplishments: • Contributed to the full restructuring of the organization which improved total business growth more than 30% • Core member of the team involved in managing Institutionalization Program of the Company, defining policies & procedures pertaining to day to day operations of the Accounts & Finance Department • Successfully identified and finalized a major acquisition that brought direct cost savings and increased revenues by over 20% • Managed the Commercial function of the biggest project$2.5Billio Princess Noura University Project • Functioned as Member of the Executive Steering Committee involved in developing Project Manager Manual defining required policies and procedures • Liaised with 3rd Party CDS in defining policies & processes of the Company Supply Chain in compliance to various statutory regulations • Created the PMO department with the Senior Vice President, with policies procedures, strategic planning and governance to enhance the business process mapping, planning and execution of projects • Identified and spearheaded team efforts in implementing new ERP Buildsmart (A Construction dedicated Accounting Package) • Part of the team that was responsible in getting Board approval to set up the Office in UAE as an expansion strategy for the company in 2009 and secured many projects in Abu Dhabi and Dubai

United Real Estate Company (URC)

FINANCIAL CONTROLLER

1/9/2003

 

- 30/9/2008

United Real Estate is a listed development company in the Kuwait Stock exchange part of the KIPCO group. One of the leading real estate developers in Kuwait and the MENA region with consolidated assets of approximately USD 2 Billion. Financial Controller ~ Jan 2005 – Sep 2008 Assistant Financial ~ Sep 2003 – Jan 2005 Reporting to the CFO by leading a team of 20 members in managing day to day operations of the finance & accounts department for a leading Kuwaiti Real Estate Development Company with International Presence in the Middle East, Africa, and USA. Defined & ensured compliance to International Financial Reporting Standards (IFRSs) and Government Regulations pertaining to day to day business transactions and following all the rules and regulations of the Stock market. Selected Accomplishments: • Worked with International banks in obtaining a $100 Million Sukuk with PNB Paribas and negotiating Syndication Loan of $ 100 Million with BNP Paribas • Successfully managed Development Department Project Committees like United Towers (60 Story Retail), and Commercial & Residential Tower in Kuwait; Salalah Retail Mall in Oman; Mall & Boulevard with Abdally Development & Investment Company in downtown Jordan; and Rawcheh Apartments and Mall in Verdun with Hariri Group in Lebanon • As an Owners representative successful handover of the Marina World Project

CFO Freelancer

CFO Consultant

1/9/2023

 

- 1/2/2024

Omar Al Ghanim Family Business Restructuring the financial processes, Asset organization, and Investment processes. • Providing strategic financial leadership and guidance to various organizations. • Advising on financial management, restructuring, and investment strategies of all investments. • Conducting due diligence, financial modeling, and analysis for investment opportunities.

Consolidated Contractors International Company

Senior Financial Accountant

1/5/1993

 

- 30/9/2003

CCC is a 70year leading diversified construction company with offices all around the world. Senior Financial Accountant May 1993 – Sep 2003 Mainly working as a Project Accountant to the many construction projects in Civil, Mechanical and Oil and GAs.

Education

University of La Verne

1/9/1993

 

- 30/6/1995

University of La Verne

Accounting

1/9/1989

 

- 1/6/1993

Bachelor of Science Accounting

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