As a CFO & Shared Services Director at NAMI, I lead the financial planning and analysis, budgeting and forecasting, cost optimization, and business development functions for the company. With over 15 years of experience in the field of finance and accounting, I have a proven track record of delivering quality service, driving profitability and growth, and innovating processes and systems for efficiency and effectiveness.I am passionate about empowering teams, collaborating with stakeholders, and solving problems. My mission is to support NAMI's vision and goals by providing strategic financial insights, guidance, and solutions. I have strong skills in Microsoft Office, auditing, taxation, and administrative functions. I am always eager to learn new things and take on new challenges in the dynamic and competitive environment of the food industry.
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Cfo And Shared Services DirectorNamiRiyadh, Sa -
Cfo & Shared Services DirectorNami Oct 2023 - PresentRiyadh, Saudi ArabiaStrategic Financial Planning: Oversee the company's financial planning and strategy, ensuring alignment with overall business objectives, including long-term budgetary planning and cost management.Financial Reporting and Analysis: Lead the preparation of financial reports, conduct detailed analysis to inform decision-making, and present insights to stakeholders for effective financial management.Risk Management: Identify, analyze, and mitigate financial risks, ensuring robust risk management practices are in place to protect the company's assets and reputation.Cash Flow Management: Manage the organization's cash flow, ensuring sufficient liquidity for operations, while optimizing investment and funding strategies.Tax Strategy and Compliance: Oversee tax planning to ensure compliance with all statutory requirements, while optimizing the company’s tax position and strategies.Operational Efficiency: Drive efficiency and cost reduction initiatives across the organization, particularly within shared service functions such as HR, IT, and administration.Stakeholder Engagement: Engage with investors, board members, and other key stakeholders, providing transparent financial insights and building strong relationships.Corporate Finance and Investment: Guide corporate finance activities, including mergers and acquisitions, investments, and capital structure decisions, to drive growth and shareholder value.Internal Controls and Governance: Strengthen internal controls and corporate governance, ensuring financial integrity and compliance with regulatory requirements.Leadership and Team Development: Lead and develop a high-performing finance and shared services team, fostering a culture of continuous improvement and professional growth. -
Financial AdvisorMobco Life Mar 2021 - PresentCairo, EgyptCustomized Accounting Solutions: Develop and tailor accounting systems and processes to meet the specific needs of the company, enhancing financial operation efficiency and accuracy.Financial Reporting Expertise: Prepare and analyze regular financial statements for the company, providing key insights to support informed decision-making and facilitate business growth.Tax Strategy and Compliance: Manage the company's tax planning and compliance, ensuring adherence to current tax laws and regulations, while optimizing the company's tax benefits.Internal Controls and Risk Management: Implement and maintain robust internal controls and risk management strategies for the company, safeguarding against financial risks and ensuring compliance with regulatory standards.Ongoing Financial Consultation: Act as a continual advisor for all financial matters within the company, offering expert guidance in budgeting, forecasting, and strategic financial planning. -
Vice PresidentI Food For Trading Jul 2019 - Sep 2023Cairo Governorate, EgyptStrategic Leadership: Play a pivotal role in shaping the company's strategic direction, making key decisions that drive business growth and operational efficiency.Cross-Departmental Collaboration: Foster collaboration across various departments, ensuring alignment with the company's goals and facilitating effective execution of business strategies.Business Development: Lead initiatives for new business opportunities, partnerships, and revenue streams, contributing to the company's expansion and market presence.Team Leadership and Development: Oversee and mentor department heads and teams, cultivating a culture of high performance, innovation, and continuous professional growth.Financial Oversight: Collaboratively work with the finance department to monitor the company's financial health, participate in budgeting processes, and ensure financial strategies support overall business objectives.
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Chief Financial OfficerAhmed Kassim Alamoudi Company Dec 2016 - Apr 2019Jeddah Governorate, Saudi ArabiaConsolidated Financial Reporting: Lead the consolidation of financial reports across the four companies, ensuring accuracy, transparency, and compliance with international accounting standards.Advanced Financial Analysis and Forecasting: Conduct in-depth financial analysis and forecasting for each company, providing insights for strategic decision-making and long-term financial planning.Audit and Internal Controls Oversight: Oversee the audit processes and strengthen internal controls, ensuring the integrity and reliability of financial information across all companies.Tax Strategy and Compliance: Develop and implement tax strategies for each company, ensuring efficient tax planning and compliance with diverse tax regulations in various jurisdictions.Financial Process Optimization: Drive the optimization of financial processes and systems across the companies, enhancing efficiency, reducing costs, and ensuring best practices in accounting procedures. -
Chief AccountantAlsafwa Chain Pharmacy Nov 2007 - Sep 2016Al-Riyadh Governorate, Saudi Arabia1.Responsible for closing the books and in producing monthly Profit & Lossstatements. 2. Maintaining all proper documentation for all financial matters such asPurchases, Fixed Assets Register, Disposals, etc. 3. Reconcile, adjust and maintain Balance Sheet accounts such as prepaidexpense, petty cash, accounts receivable, payroll related payables, loans andnotes receivables, cash flow projections, deferred income accounts, etc. 4. Compile, enter and post monthly adjusting journal entries. 5. Responsible for payroll monthly journal entries and reconciling monthlyreports. 6. Responsible for the processing of the daily cash and other chargetransactions. 7. Continuously seeking improvements in accounting procedures and conductsreviews and evaluations for cost-reduction opportunities.
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Sales ManArab National Bank Feb 2007 - Nov 2007
Kareem Brakat Education Details
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Accounting
Frequently Asked Questions about Kareem Brakat
What company does Kareem Brakat work for?
Kareem Brakat works for Nami
What is Kareem Brakat's role at the current company?
Kareem Brakat's current role is CFO and shared services director.
What schools did Kareem Brakat attend?
Kareem Brakat attended Zagazig University.
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