Dr. Tamer Abouelkhir, Mba, Emba, Mcom Email & Phone Number

Riyadh, Sa

Achievements: • Developed and managed the organization's financial planning, budgeting & forecasting processes. • Prepared and presented accurate and timely financial reports, including profit and loss statements, balance sheets, and cash flow statements for the whole group of companies. • Designed, implemented, and maintained effective internal controls over financial processes and transactions. • Monitored budget performance, analyzed variances and provided recommendations to control costs and improve the financial position efficiency. • Managed and monitored the organization's cash flow, ensured sufficient cash reserves are maintained to meet operational needs. • Coordinated with treasury and financial institutions for cash management, banking services, and investment opportunities. • Develop strategies to optimize cash flow, minimize borrowing costs, and enhance liquidity management. • Successfully monthly compliance with ZATCA authority and its regulations. • Evaluated and recommended financial software (Odoo), systems, and processes to enhance efficiency, accuracy, and reporting capabilities. • Served as a financial advisor to the chairman, provided guidance on financial matters and explaining complex financial concepts to non-financial stakeholders.• Managed and implemented all the financial software and systems, such as Odoo ERP for multiple sectors of the group as: Travel & Tourism, Construction, FM & Firefighting Factory.

Paris, Ile-De-France, Fr

Kuwait City, Kuwait, Kw

Achievements:• Maintained a strong share of wallet on existing customers more than KD 75M.• Prepared and reviewed of financial analysis, risk evaluation and credit review to evaluate the Clients and prospects credit worthiness. • Prepared of a comprehensive proposal and making a credit write up to the management for approval ensuring a high-quality portfolio.• Acted as a consultant to the clients, providing them with financial solutions, evaluation and implementation of financing strategies, structures and practices to improve clients’ satisfaction.• Evaluated prospects to ensure compatibility of clients with the Al Mulla Group's market strategy. • Analyzed and negotiated of the loans terms according to Al Mulla Group’s policies, and preparing of a write up necessary for the financing proposal to improve financing decision making.• Participated in the process of transferring from conventional to Islamic credit institution. • Financial and economic feasibility evaluation for client projects and ventures and by securing the most favorable position of risk and return.• Prepared monthly report on progress of departments performance and type of activities being pursued and status of departments.• Maintained and developed of relationships explored opportunities to the management for providing additional services and developing new solutions to improve business.

Kuwait City, Kuwait, Kw

Achievements:• Leading a team work for conducting a comprehensive follow-up transaction on Corporate Credit Portfolio for all sectors/sub-sectors with a main objective to reduce the risk credit accounts through taking proactive actions, appropriate facility structures and any other remedial actions, such as taking acquiring new collateral, which may help to strengthen security position and minimize expected losses.• Managed corporate credit accounts classified as delinquent/watch list/critical & special assets or Non-Performing Loans with a portfolio of around KWD 100M by finding optimum settlement solutions, formulating the remedial strategy in order to maximize the recoveries and reduce provisions.• Managed reverted assets acquired from NPLs through debt/asset swap deals by finding optimum and valuable purchasing offers in order to minimize credit losses, maximize recoveries and reduce provisions.• Managed written-off cases by following up legal issues to reach exit scenarios to maximize recoveries.• Weekly & monthly meetings with the top management to discuss the recovery plans of the top written-off accounts.• Committee Member for: (Remedial asset committee, Reverted assets committee & Provisions assigning committee).

Kuwait, Www.Daralawadi.Com, Kw

Achievements:• Finalized the consolidated financial Statement for the company and its subsidiaries in the GCC in compliance with International Financial Reporting Standards, as well as complying with the regulations of the Central Bank of Kuwait (CBK).• Established accounting system “Mar-soft” (Accounting system – documentary flow charts).• Worked side by side with the VP-Finance towards achieving ICR task (Internal Control Report), in compliance with policies, regulations and procedures of Central Bank of Kuwait.• Supervised the preparation of MIS reports to provide feedback to top management on financial performance, fund management, variance analysis, and profitability.• Coordinating internal audits; evaluating internal control systems/procedures to highlight the shortcomings and implementing necessary recommendations.• Financial and operational due diligence for our subsidiaries and associates.• Ensured that all “CBK reports” are in compliance with policies, regulations and procedures of Central Bank of Kuwait.• Ensured that all “CMA reports” are in compliance with regulations and procedures of Kuwait Capital Market Authority.

Kuwait, Www.Daralawadi.Com, Kw

Kuwait, Www.Daralawadi.Com, Kw

Kuwait City, Kw

Achievements:• Headed the Finance & Accounts Department.• Preparation of Cash Flow forecast.• Preparation of annual budget and monthly report and comparison with actual.• Successfully implemented Group ERP system (Microsoft Dynamic Great Plains).• Evaluated the current businesses and provide recommendations to the top management.• Provided chairman & Shareholders with periodic financial statements and reports.• Developed procedures for payments to vendors, fixed assets capitalization, cash payments, control of employee advances, and control on vendor advances.• Successfully handled a total Real Estate portfolio of K.D. 90 million.• Ensured accurate and timely reporting of the MIS to the corporate as per IFRS.• Assisted CFO in his vital role in MIS and Board Reporting.

Al Qibla 13, Al Asimah, Kw

Achievements:• Developed, maintained and improved the financial and accounting system to accurately capture financial management controls.• Managed cash flow analysis and supervising cash flow forecasting & budget control processes.• Interpretation of financial statements, budgets, cost analysis, other relates reports to provide management with timely and meaningful information.• Verified & posted transactions to journals, ledgers & other records.• Prepared all payments & controlled documents cycles.• Handled balancing & reconciliations and reviewing of invoices & vouchers.

Cairo, Giza, Eg

Master Of Business Administration (Mba), General And Strategic Management

Bachelor Of Commerce, Banking, Corporate, Finance, And Securities Law

Executive Mba, Business Administration And Management, General

Master Of Business Administration - Mba

Doctor Of Business Administration, Business Administration And Management, General