KHALID ALBAHAR
Dammam,Dammam
Summary
Results-driven Executive with 21 years of progressive experience in Business. leader, change manager and complex problem solver. Proven skills in operations oversight, policy development and process improvements.
Overview
17
17
years of professional experience
8
8
years of post-secondary education
1
1
Language
Work History
DEPUTY CHIEF EXECUTIVE OFFICER & CHIEF OPERATING
Ibrahem A. Alfares & Brothers Holding Co.
Khobar, Dammam
11.2008 - Current
- Increased company revenue through aggressive new market strategies.
- Coached and guided senior managers to improve effectiveness and policy enforcement, resulting in improved employee job satisfaction and higher performance levels.
- Drove implementation of new market expansion to propel business forward and adapt to market changes.
- Determined vision and strategic direction for resources area (human and financial) and coordinated resources to achieve targets within optimal timeframes.
- Led strategic and business initiatives to successfully grow revenue in areas such as building tools and transportation.
- Initiated aggressive hiring push and training of industry-renowned candidates as department managers to drive organizational improvements.
- Reviewed individual department performance and worked with leadership to improve processes, procedures and practices.
- Developed and implemented strategic updates to information technology operations to solve issues affecting efficiency, profitability and production.
- Worked with department heads to stay current on needs and offer high-level support for day-to-day operations.
- Maintained effective staff and resource utilization rates to balance financial and operational obligations.
- Managed partnerships and strategic business relationships by negotiating contract terms and handling conflicts.
Senior Internal Auditor
Aujan industries Co.
Dammam, Dammam
06.2003 - 11.2005
- Produced and reviewed audit reports for submission to CEO and advised on audit recommendations and internal controls.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Performed strategic planning, execution and finalization of audits.
- Explained risk and compliance concepts to managers and executives.
- Developed auditing program to address risks and evaluate regulatory requirements.
- Evaluated company's policies to determine how well standards adhered to best practices.
Assistant Regional Manager
Al Rajhi Commercial Foreign Exchange
Dammam, Dammam
05.2002 - 09.2002
- Increased new bank relationships within local community through execution of quarterly promotions.
- Complied with established internal controls and policies.
- Checked payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance.
- Prepared cash flow projections, cost analysis and monthly, quarterly and annual reports.
Internal Auditor
Al Rajhi Commercial Foreign Exchange
Dammam, Dammam
06.2001 - 05.2002
- Produced and reviewed audit reports for submission to internal audit Dep. manager and advised on audit recommendations and internal controls.
- Performed internal audits of financial and departmental operations, developing risk assessments and conducting process walkthroughs for compliance with documented processes.
- Recommended new methods to improve internal controls and operating efficiency.
- Produced audit reports.
- Investigated discrepancies discovered during auditing process.
- Produced audit reports which comprised evaluation of internal control systems.
- Documented recommendations to improve internal controls.
- Identified and reported audit issues.
Education
High School Diploma -
Dahran High School
Dahran 09.1991 - 06.1994
Bachelor of Science - Business Administration And Finance
King Saud University
Riyadh 09.1994 - 05.2000
Skills
Financial leadership
Operational leadership
Business Management
Organizational leadership
Risk Assessments
Staff Management
Financial Management
Timeline
DEPUTY CHIEF EXECUTIVE OFFICER & CHIEF OPERATING
Ibrahem A. Alfares & Brothers Holding Co.
11.2008 - Current
Senior Internal Auditor
Aujan industries Co.
06.2003 - 11.2005
Assistant Regional Manager
Al Rajhi Commercial Foreign Exchange
05.2002 - 09.2002
Internal Auditor
Al Rajhi Commercial Foreign Exchange
06.2001 - 05.2002
Bachelor of Science - Business Administration And Finance
King Saud University
09.1994 - 05.2000
High School Diploma -
Dahran High School
09.1991 - 06.1994