Mohamed Ishak

Mohamed Ishak Email and Phone Number

Transformational CFO with 15+ Years in Strategic Financial Leadership | Expert in Driving Profitability & Efficiency @ Blue Limits Group
mecca, makkah, saudi arabia
Mohamed Ishak's Location
Jeddah, Makkah, Saudi Arabia, Saudi Arabia
About Mohamed Ishak

Accomplished finance executive with over 15 years of experience leading strategic financial initiatives in the EMEA. Proven track record in managing large-scale financial business plans across diverse sectors, including Saudi Race, Al Marjan Island and Al Ula Emphie Resort. Expert in optimizing end-to-end workflows, cost-saving initiatives and financial restructuring, resulting in increased net margins. Successfully launched an AI-driven E-commerce platform, reducing delivery costs by 5% and improving efficiency.Key achievements include spearheading major projects such as King Abdullah Financial District (KAFD) in Riyadh, valued at over US$ 150 Mn and supporting the launch of luxury resorts in Jeddah. Adept at developing and monitoring operating and capital budgets, driving top-line growth of 6% CAGR, and conducting IPO readiness assessments. Negotiated a $100 million revolving credit facility with Riyad Bank, implemented effective internal controls and optimized working capital to increase cash balances by USD 16.5 Mn.Recognized for contributions to global ERP projects in Singapore and New Zealand and leading process improvements in finance and supply chain for a global dairy manufacturer. Passionate about driving financial excellence and fostering a culture of innovation and continuous improvement.

Mohamed Ishak's Current Company Details
Blue Limits Group

Blue Limits Group

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Transformational CFO with 15+ Years in Strategic Financial Leadership | Expert in Driving Profitability & Efficiency
mecca, makkah, saudi arabia
Website:
bluelimits.com
Employees:
3
Mohamed Ishak Work Experience Details
  • Blue Limits Group
    Chief Financial Officer
    Blue Limits Group Jan 2022 - Present
    Jeddah, Makkah, Saudi Arabia
    *Created and implemented financial strategies aligned with organizational objectives, resulting in a 15% increase in revenue over two fiscal years.*Engineered and deployed state-of-the-art tools and processes, leading to a 25% improvement in operational efficiency and a 15% decrease in error rates in the company booking system. *Formulated and executed comprehensive financial plans and strategies that supported the launch and growth objectives of a new ultra luxury resort and ladies beach club in Jeddah.
  • Public Investment Fund (Pif)
    Zbb Consultant
    Public Investment Fund (Pif) Feb 2021 - Nov 2021
    Riyadh, Saudi Arabia
    *Successfully led the design and implementation of Zero-based budgeting and performance management systems for Tahakom, ensuring on-time delivery, budget adherence, and fulfillment of PIF expectations in accordance with the contractual agreement. This resulted in an overall 8% cost reduction.
  • Agthia Group Pjsc
    Finance Director - Emea (International Business)
    Agthia Group Pjsc Jan 2019 - Jan 2021
    Abu Dhabi, United Arab Emirates
    *Launched an E-commerce platform to digitalize the home delivery of water incorporating AI/ ML, reducing the delivery costs by 5% (US$ 0.6 Mn) and eliminating 15 data entry head counts.*Led the process discovery, issues, pain point identification and process & controls design for the O2C, P2P, SCM, and finance processes for all regional FMCG manufacturing company, this resulted in improved cash flow, reduced cycle time and increased accuracy.
  • Ams Baeshen
    Chief Financial Officer And Information Technology Manager
    Ams Baeshen Jan 2014 - Dec 2018
    Jeddah, Makkah, Saudi Arabia
    *Spearheaded cross-functional partners to successfully reorganize the operating structure, cost saving initiatives and divesting none operating ventures, increasing the net margin from 10% to 15%.*Played a key role in the geographic expansion of the operating markets and market segments, resulting in company achieving top line growth of 6% (CAGR). *Conducted the IPO readiness assessment and identified key issues and opportunities for improvement in the company’s financial, legal, and operational processes.*Effectively utilized credit review, working capital and cash resources, resulting in optimizing the working capital ratio and increasing the cash balances by USD 16.5 Mn and invested $20 million in high-yield short-term securities.
  • Otis Elevator Company Saudi Arabia Ltd
    Chief Financial Officer
    Otis Elevator Company Saudi Arabia Ltd Sep 2011 - Dec 2013
    Jeddah Saudi Arabia
  • Saudi New Zealand Milk Products Co Ltd ( Fonterra Brand Middle East )
    Head Of Finance
    Saudi New Zealand Milk Products Co Ltd ( Fonterra Brand Middle East ) Aug 2002 - Aug 2011
    Dammam, Kingdom Of Saudi Arabia
  • Kpmg
    Audit Senior
    Kpmg Jul 1998 - Mar 2001
    Colombo Sri Lanka
    KPMG is an audit, tax and advisory services firm, operates from 87 offices with more than 23,000 employees and partners throughout the U.S.

Mohamed Ishak Education Details

Frequently Asked Questions about Mohamed Ishak

What company does Mohamed Ishak work for?

Mohamed Ishak works for Blue Limits Group

What is Mohamed Ishak's role at the current company?

Mohamed Ishak's current role is Transformational CFO with 15+ Years in Strategic Financial Leadership | Expert in Driving Profitability & Efficiency.

What schools did Mohamed Ishak attend?

Mohamed Ishak attended Cima, University Of Sri Jayewardenepura, The Institute Of Certified Management Accountants (Cma) Of Sri Lanka, University Of Warwick, Association Of International Certified Professional Accountants.

Who are Mohamed Ishak's colleagues?

Mohamed Ishak's colleagues are Rasha Bakhashwain, Basim Albishi, Kendah Jambi, Deena Al Turki, Muhammad Umair, Shahad Duhaythim, Ahmad Hasan.

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