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Financial Officer Finance Director

Location:
Amman, Amman Governorate, Jordan
Posted:
February 22, 2023

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Resume:

Khalid Issam El-Azhari (CBA,MBA,CMA)

Group Chief Financial Officer

Sectors: Food Production FMCG QSR Agriculture Hotels &Resorts Mining and Shipping Jordan Qatar UAE Kuwait North Africa Region UK Capital Raise M&A Valuation Strategy IPO Deal-maker advhxo@r.postjobfree.com

+974******** +962*********

CORE COMPETENCIES

SOFT SKILLS

EDUCATION

MBA (Financial Management), from

American Global University, UAE,

Dubai in 2006

B.Com. (Accounting), from Amman

University, Jordan, Amman in 1994

PERSONAL DETAILS

Date of Birth: 15th June 1970

Languages Known: English and Arabic

Nationality: Jordanian

Marital Status: Married

PROFILE SUMMARY

Regional experience and a track record of accomplishments with established, turnaround, and early stage start-up businesses. Jordan, Qatar, UAE, Egypt, Iraq, and Turkey with exposure to and dealings with other countries’ markets such UK, Algeria, South Africa and Tanzania. Track record of crafting & communicating MVV & Strategy and commanding buy-in & support for the same.

New Licensee: Managed the successful selection and bringing in the franchise of AlBaik renowned QSR brand to Qatar in a timely manner prior to World Cup 2022 overcoming many challenges. Business Strategy : Recognised for developing business strategies from the ground up to managing Corporate Finance Department with a proven track record of lowering operating cost

Strategic development of financial model (10-year forecast): for debt restructuring, verified by lenders for the amount of $ 200M. Provided critical KPI’s and metrics to the Management team that were previously unknown to business units such as: Sales Mix and Break Even: Perform BreakEven Analysis for a Multi-Product Environment. Initial public offering (IPO): I Played an instrumental that helped transform IFA Hotels & Resorts into an international publicly-held company: the company was listed on the Kuwait Stock Exchange at a valuation of over USD 1.2 billion only two years after its inception Private placement (Hotel Fairmont The Palm & Palm Golden Mile): Equity Structure, Project IRR, Development Cost Variance, Debt assumptions, supply and demand analysis, Benchmarks, ratios, Levered IRR) sell down 30% stake in the joint venture for bringing in additional financial investor for Mixed-Use Mega Projects with Kingdom Holding Company.

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CAREER TIMELINE

Decision Maker

Thought Leader

Strategic Planner

Change Agent

Strategic Planning

Internal Control

Polices &Procedures

Fund & Debt Raising

Budget Development

Mergers & Acquisitions

Treasury Management

ERP Project Management

Internal Financial Control

Profitability Improvement

Team Building & Leadership

IFA Hotels Resorts, (Corporate Office)-PLC

Modern Agriculture for Marketing-LLC

Deloitte Middle East E, UAE –Dubai

2009 –

2016

Hammoudeh Food Industries-PLC

2002 -

2009

1998 -

2002

1995 -

1998

2016 –

2020

United Village Food and Trading Holding-LLC

Deloitte, Amman- Jordan

2020 –

Present

WORK EXPERIENCE

Since 2020 to Present : United Village Food and Trading Qatar, UAE and Jordan, as Group CFO Conglomerate with diverse businesses

Food & Beverage (Grocery retail, Fresh Coffee & Nuts, Baked goods, production and retail Shops) Mining & Shipping

Financing Real-estate and leisure

Key Result Areas:

Strategic Planning: Formulating the company strategy and its translation into annual operating plan & financial model.

Developing business strategies from the ground up to managing Corporate Finance Department with a proven track record of lowering operating cost

Acquisition: Identifying new deals and projects, maintaining excellent relationship with business partners.

Budgeting & Forecasting: Developing, monitoring and analysing the budget; formulating Capex & Opex budgets to monitor various expenditures and ensure optimum utilisation of funds.

Financial Reporting & Compliance: Ensuring timely and accurate financial reporting, highlighting loss-making & profitable products; conducting analysis on measures to increase market share. PREVIOUS EXPERIENCE

2016 – 2019: Hammoudeh Group. PLC, Amman, Jordan as CFO Key Result Areas:

Responsible for Group-wide planning and analytics including all strategic, operational, and short-term planning. Lead a regional finance team, supporting all business units and cost centres, while executing on finance transformation strategy for the financial planning and analysis function.

Negotiated cost savings and new vendor terms reducing operating costs and improving cash flow.

Defined and implemented key performance measurements (KPIs) including varied management reporting

Targeted to expedite decision-making and achieved 90% of the assigned KPI targets.

Prepared revenue forecasts by evaluating impact of economic, business and financial conditions

Managed company with 40% market share, steered product pricing & traceability. 2009– 2016: Modern Agriculture for Marketing & Investment, Amman, Jordan Financial Director

Highlights:

Played a pivotal role in setting and driving all financial strategy, allocating resources and investment allocation, M&A and talent development

Day-to-day responsibility for planning, implementing, managing and controlling all financial-related activities of the company. This includes direct responsibility for accounting, finance, forecasting, business transformation, information technology, procurement, deal analysis and negotiations.

Delivered excellent operating and financial results including significant savings that lead to a record positive EBITDA and cash delivery for the Company.

Set up and managed procedures related to annual distributions of out-grower’s shares and cost reimbursements as well as updating records on lease advances and crop shares. 2002 – 2009: IFA Hotels Resorts Dubai, UAE

Finance & Admin Manager

Highlights:

Introduced the condominium hotel concept to the Middle East, quickly pre-selling over USD 3 billion

Designed Group Financial Reporting Process and budgetary control process including the financial reporting process and procedures for more than 35 Subsidiaries in Kuwait, Dubai, South Arica, Zanzibar and United Kingdom. 1995 – 2002: Deloitte as Experience as Assistant Audit Manager Highlights:

Evaluate current audit procedures and recommend improvements.

Evaluate and enhance internal controls to improve operational efficiency

Communicate audit status to management on regular basis.

Discuss with management about audit observations, recommendations and actions to be taken CERTIFICATION / TRAININGS

Certifications: Certified Banking Auditor (CBA)& Certified Management Accountant (CMA) Training and Workshops:

SAP implementation 2017.

Audit System 2, Deloitte.

Project Evaluation and Appraisal, IFA, Aug 2007



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