Summary
Overview
Work history
Education
Skills
Languages
Affiliations
Accomplishments
Timeline
Generic
Luqman Al Karam

Luqman Al Karam

Dammam,KSA

Summary

Motivated and knowledgeable finance professional with 22 years experience in financial planning, budgeting and reporting. Seeking FP&A managerial position with international company to apply my finance knowledge & help improving organization and myself and take myself to next experience level.

Overview

23
23
years of professional experience

Work history

Global Supply Chain Financia Controller

Varel Energy Solutions
Dammam, Eastern Province
10.2024 - 05.2025
  • Produced timely financial reports with strict adherence to deadlines.
  • Ensured compliance with all regulatory requirements through rigorous monitoring and updating of policies.
  • Coordinated daily department workflow, delegating tasks to junior team members to meet established benchmarks.
  • Formulated pricing strategies that enhanced market competitiveness without impacting profit margins negatively.
  • Implemented cost reduction strategies to enhance profitability without compromising quality or service levels.

FP&A lead

Baker Hughes Company
Dammam, Eastern Province
07.2007 - 10.2024
  • Leading Baker Hughes KSA Drill Bit manufacturing plant in addition to drill bit operation.
  • Having strong knowledge and more than 14 years of experience in finance supply chain.
  • Familiar with periodic financial closing, consolidation and reporting.
  • MRP planning and budget execution.
  • CAPEX investment and budget control.
  • Fixed asset and inventory management.
  • Performing balance sheet reconciliation.
  • Having very good knowledge of cost accounting principles.
  • Cost optimization to drive company targets.
  • Having good experience of duty free exemption application and requirements.

Material and Inventory Planner

Procter & Gamble Company
Dammam, Eastern Province
03.2003 - 06.2007
  • Inventory management and cash flow.
  • Supply chain order management and RAW materials availability.
  • Phase in phaseout projects.
  • Vendor capacity study and planning.
  • GR/AR reconciliation.

Accountant

Al Suwaidi Industrial Group
Dammam, Eastern Province
05.2002 - 03.2003
  • Started my career journey as an accountant wi Al Suwaidi Industrial Group in PFF plant.

Education

Diploma - Accounting

Institute Of Public Administration
Dammam, Eastern Province
04.2002

Skills

  • 22 years of experience working on SAP daily operations
  • 14 years of experience working on Hyperion financial management reporting (HFM)
  • Microsoft office
  • Ability to adjust myself and work within team

Languages

Arabic
Native
English
Fluent

Affiliations

  • Travelling
  • Watching football games & movies

Accomplishments

Q4 2018 Drill bit global exceptional profit improvement award.

Timeline

Global Supply Chain Financia Controller

Varel Energy Solutions
10.2024 - 05.2025

FP&A lead

Baker Hughes Company
07.2007 - 10.2024

Material and Inventory Planner

Procter & Gamble Company
03.2003 - 06.2007

Accountant

Al Suwaidi Industrial Group
05.2002 - 03.2003

Diploma - Accounting

Institute Of Public Administration

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Luqman Al Karam