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Skills
Experience
Chief Financial Officer (CFO)
Castrol - British Petroleum, operated by AlKhorayef Lubricants Company
2021-04 -
Lead the financial function for the joint‑venture, managing BP relations and ensuring compliance with all statutory and regulatory requirements. Direct the planning, budgeting and forecasting processes together with the CEO and key stakeholders, delivering transparent and accountable financial reporting. Develop financial models, conduct cost‑benefit analyses and provide strategic insights that shape pricing, ROI and profitability. Oversee IFRS and GAAP financial statement preparation, and partner with sales, marketing and HR to evaluate financial impacts of strategic decisions. Drive cost‑optimization projects across the organization, coordinating cross‑functional teams to achieve strategic goals.
Finance Director
Castrol - British Petroleum, operated by AlKhorayef Lubricants Company
2010-11 - 2021-03
Managed all finance department functions, ensuring seamless operations and strict IFRS compliance. Led financial planning and rolling‑forecast cycles, improving capital and operational reporting accuracy and KPI alignment with strategic objectives. Optimized working capital, reducing B2B DSO by 21% and DIO by 8%, and recommended a base‑oil change that saved $1 M annually. Directed the ERP migration from Oracle 12 to Oracle BS, shortening month‑end close from seven to four business days. Fostered a high‑performance finance team, driving transparency and accountability across the business.
Financial Controller
Al Khorayef Petroleum
2002-09 - 2010-10
Developed business models and cash‑flow analyses for new tenders, supporting strategic decision‑making. Produced comprehensive financial reports and insights for senior management and shareholders. Managed daily banking operations and negotiated credit facilities to optimize liquidity. Supervised a team of 10 finance professionals, overseeing general ledger, trial balances, P&L statements and balance sheets. Implemented inventory aging analysis and working‑capital strategies, reducing obsolete stock and improving cash conversion.
Chief Accountant
Al Khorayef Petroleum
1999-10 - 2002-08
Reviewed monthly profit and loss statements ensuring accuracy and adherence to IFRS/GAAP standards. Conducted general‑ledger audits, identified misstatements and prepared documentation for external auditors. Assisted in the preparation of statutory financial statements and supported the finance team in month‑end closing activities. Implemented process improvements that enhanced reporting efficiency and compliance.
Languages
Arabic
fluent
English
fluent
Last updated: 6 hours ago