Ibrahim Alaabed Email and Phone Number
As a dynamic Chief Strategy Officer with a robust background in financial and administrative management, Governance, Risk, and Compliance (GRC), and a proven track record as Head of Accounts, I bring a strategic vision and operational excellence to drive organizational growth and innovation.With over 15 years in leadership roles, I excel in translating complex business challenges into actionable strategies that enhance efficiency and profitability. My expertise lies in harmonizing financial oversight with administrative precision to streamline operations and optimize performance.What Sets Me Apart:🔹 Strategic Visionary: I thrive on crafting and executing transformative strategies that propel businesses towards their goals. My strategic acumen is backed by a deep understanding of market trends and financial landscapes.🔹 Financial Mastery: My experience spans comprehensive financial management, from budget oversight and forecasting to financial reporting and risk mitigation. I leverage this expertise to ensure fiscal responsibility and drive sustainable growth.🔹 GRC Knowledge: I am adept at navigating the complexities of Governance, Risk, and Compliance. My approach ensures that organizations not only meet regulatory requirements but also excel in governance practices and risk management.🔹 Administrative Excellence: My administrative management skills ensure streamlined operations and effective resource utilization. I focus on creating systems and processes that enhance organizational efficiency and effectiveness.🔹 Leadership & Collaboration: As a former Head of Accounts, I lead cross-functional teams with a focus on collaboration and innovation. My leadership style fosters a culture of excellence and accountability, driving teams to achieve outstanding results.I am passionate about leveraging my skills to lead organizations through strategic transformations, optimize operational efficiencies, and achieve long-term success. Let’s connect to explore how I can contribute to your organization’s strategic objectives and growth journey.Feel free to reach out for discussions on strategy, financial management, and innovative approaches to achieving business excellence!
Alnassaj Textile
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Chief Strategy Officer (Cso)Alnassaj Textile Sep 2024 - PresentJeddah, Makkah, Saudi Arabia• Oversee the development, execution, and monitoring of corporate strategies aligned with business objectives, particularly.• Implement performance tracking systems, develop Key Performance Indicators (KPIs), and ensure that the organization’s strategy is effectively translated into measurable goals.• Conduct in-depth market research to identify trends, gaps, and opportunities within the textile industry. Lead innovation programs that align with global market needs.• Develop and implement risk management frameworks to mitigate potential threats, while ensuring compliance with local and international regulations.• Collaborate with executive teams across different departments to ensure that strategic goals are effectively communicated and implemented throughout the organization.• Provide leadership and direction for the development of high-performing teams, aligning talent management initiatives with strategic goals.
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Account ManagerAlnassaj Textile Sep 2021 - Sep 2024Jeddah, Makkah, Saudi Arabia• Successfully led and managed the Odoo ERP project, including data migration and system setup.• Prepared thousands of Excel spreadsheets for the data transfer.• Developed and delivered a user manual and provided training to employees during a critical business period (Ramadan).• Resolved issues during the ERP transition, managing workload challenges under tight deadlines.• Created preliminary Python and JavaScript guidelines for future system development.• Applied International Financial Reporting Standards (IFRS) in financial management, ensuring compliance.• Initiated annual and monthly budgeting processes and conducted variance analysis.• Introduced Balanced Scorecards to track and improve departmental performance.• Developed an Ethics Guide for the accounting department after consultation with the team.• Wrote comprehensive policies, procedures, and guidelines that defined the department’s operations and relationships with other departments.• Led the restructuring of roles within the department, promoting continuous learning, performance improvement, and knowledge sharing.• Streamlined procedures and improved workflows by documenting new systems and structures.
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Head AccountantAlnassaj Textile Feb 2017 - Sep 2021Jeddah, Makkah, Saudi Arabia• Successfully oversaw Odoo ERP integration for internal accounting functions.• Transferred complex accounting data using Excel for system migration.• Conducted staff training and created detailed user manuals for the new system.• Resolved technical issues during the ERP transition under tight deadlines.• Implemented International Financial Reporting Standards (IFRS).• Led the annual and monthly budget planning and variance analysis processes.• Initiated performance monitoring through balanced scorecards.• Developed policies and guidelines for the accounting department.• Restructured team roles to enhance performance and ensure training availability.• Demonstrated strong skills in budgeting, variance analysis, and financial reporting in compliance with international standards.• Initiated procedural enhancements, such as the creation of manuals, policies, and ethical guidelines.• Focused on team knowledge sharing, training, and performance management, ensuring a high level of departmental productivity.• Established new policies, ethical guidelines, and a structured accounting framework aligned with international standards.
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Senior AccountantAlnassaj Textile May 2014 - Jan 2017Jeddah, Makkah, Saudi Arabia• Led and oversaw all inventory management, asset control, and cash handling processes for retail showrooms, ensuring accurate records and compliance with internal controls.• Responsible for all bank reconciliations, ensuring cost accuracy, and managing expenses effectively to optimize financial performance.• Prepared and processed payroll for employees, as well as generated monthly financial reports, and contributed to the preparation of the annual budget.• Managed the configuration and ongoing maintenance of the company's accounting and inventory software (AFAG), ensuring smooth operations and accurate data entry.• Led a team, including a warehouse manager, ensuring timely delivery of goods and overseeing stock control for retail outlets.• Ensured compliance with internal policies and external regulations, conducting audits of financial transactions and maintaining accurate financial records.• Worked closely with retail management to ensure the proper reception and delivery of goods, aligning financial records with stock movements and sales data.
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General AccountantAlnassaj Textile Mar 2010 - Apr 2014Jeddah, Makkah, Saudi Arabia• Accurately recorded and maintained day-to-day financial transactions, including general ledger entries, journal vouchers, and reconciliations.• Handled all aspects of accounts payable and receivable, ensuring timely invoice processing, vendor payments, and collection of outstanding receivables.• Conducted regular bank reconciliations to ensure the alignment of company records with bank statements, identifying and resolving discrepancies.• Managed payroll processing for employees, ensuring accurate calculations of salaries, deductions, and compliance with local labor laws.• Assisted in monitoring company expenses and ensuring that costs remain within budgetary limits, helping to optimize the financial performance.• Maintained accurate inventory records, coordinating with the warehouse team to track stock movements, including purchases and sales.• Assisted in the preparation of monthly financial reports, including profit and loss statements, balance sheets, and cash flow statements for management review.• Ensured compliance with all local tax regulations, preparing and filing VAT returns, Zakat, and other statutory reports in a timely manner.• Provided necessary documentation and reports to support internal and external audits, ensuring all records are accurate and up to date.• Assisted the finance team in the preparation of annual budgets, forecasts, and financial plans to support company growth objectives.• Used accounting software (AFAQ or similar) to record transactions, generate reports, and maintain financial data integrity.• Maintained relationships with vendors and suppliers, ensuring timely invoice payments and resolving any billing issues.• Monitored cash flow to ensure sufficient liquidity for daily operations and advised management on short-term cash needs.
Ibrahim Alaabed Education Details
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Economics
Frequently Asked Questions about Ibrahim Alaabed
What company does Ibrahim Alaabed work for?
Ibrahim Alaabed works for Alnassaj Textile
What is Ibrahim Alaabed's role at the current company?
Ibrahim Alaabed's current role is Dynamic Chief Strategy Officer | 15+ Years in Financial & Administrative Leadership | GRC | Strategic Growth & Operational Excellence | Transforming Business Challenges into Profitable Solutions.
What schools did Ibrahim Alaabed attend?
Ibrahim Alaabed attended Aleppo University.
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ibrahim alaabed
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Ibrahim Alaabed
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