Rajeev Chowdhry Email & Phone Number

Al Khobar, Sa

Al Khobar, Eastern, Saudi Arabia

Saudi Arabia

Innovative C Level Executive with 30+ years of experience in diverse industries such as petrochemicals, manufacturing, consulting both within Saudi Arabia and international companies. Salvaged various loss-making companies within a conglomerate and increased group profitability by over 18%. Professionally qualified as Certified Internal Auditor and Certified Private Equity Specialist from USA. Profitability Streamlined group operations to increase capacity utilization while optimizing synergy between companies and departments within the conglomerate. Increased group turnover by over 95 million SR in 9 years and profitability by 18%.  Risk Analysis: Initiated a new mitigation strategy that cost the company an additional 1 million SR annually in premiums that was unpopular with some key stakeholders. This new strategy saved the company in excess of over 100 million SR in just one claim alone.  Balance Sheet Reconciliation – Discovered fraudulent activity by a Senior Manager and his team while managing to recover all the funds back. New financial processes put in place to rectify internal control lapses and ensure this did not happen again. Contract negotiations: Re-negotiated high value contracts with existing international suppliers for all new business to also include performance guarantees linked to quality, quantity and delivery.  Financial Reporting: Optimized management reports on daily, weekly, monthly and yearly basis reducing reporting time by up to 90%. Improved accuracy and dependability of figures enabling better trend analysis and timely management action. Simultaneously making the process simpler and easier to understand for all key stakeholders. Innovative Success Planning: Introduced a new policy for all managers to have a successor identified and training program in place. Incentivised all managers throughout career history to link this as part of their performance objectives.

Al Khobar, Eastern, Saudi Arabia

Key Achievements: Successfully headed the submission of bid for the first private sector refinery license in KSA Drafted a report on Reformation in Policy Making for Asharqiya Chamber of Commerce; several recommendations were incorporated by Labour Ministry from the same Successfully established strategic global alliances to enhance service offering to clients

Muscat, Masqaţ, Oman

Key Result Areas: Administered the accounting and financial reporting as per international accounting standards for all Middle East subsidiaries along with internal / external audits, taxation and MIS reporting Headed the commercial negotiations for all major procurement contracts related to assets and services procured Led the internal team to design, develop and establish the internal policy and procedures manual for the Middle East companies Represented the company in all meetings with government officialsKey Achievements: Coordinated for development of a bankable feasibility study report by Atkins – UK Negotiated and obtained a compensation of AED 11 Million from RAK Free zone after Company reached impasse despite 2 years of bitter negotiations and litigations Supervised the transfer of capital assets of steel rail mill from RAK-UAE to Sur – Oman worth AED 400 million

Al Khobar Saudi Arabia

Evaluation Centre for Consulting- Saudi arm of Horwath International, one of the top 10 audit and consulting firms in the world. Licensed for Business, Financial and Economic Consultancy activities and Internal Audits only.Successfully setup and grew consulting business with value added services covering Business Consultancy, Information Technology, Marketing, Sales, Finance and accounts, Administration and Supply Chain.Key Achievement: Coordinated a mega project techno commercial feasibility study as Project Manager for the decongestion of traffic in Riyadh, KSA. The Riyadh Metro resulted from the recommendation of this report, after further technical and soil test studies were conducted by Ar Riyadh Development Authority.

Al Khobar, Eastern, Saudi Arabia

Brief: Successfully set up and grew consulting business with value added services covering Business Consultancy, Information Technology, Marketing, Sales, Finance and Accounts, Administration and Supply Chain.Key Achievement: Coordinated for a mega project techno-commercial feasibility study as Project Manager for the decongestion of traffic in Riyadh, KSA. The Riyadh Metro resulted from the recommendation of this report, after further technical and soil test studies were conducted by Ar Riyadh Development Authority.

Bachelor Of Commerce (B.Com.), Accounting And Finance

Education record