Omar Samara CPA, CIMA, CFC , IFRS

• Delivered operational solutions across transport, logistics, and petroleum sectors
• Led financial strategy development to enhance performance and growth in automotive sector
• Managed financial activities, including budgeting, forecasting, analysis and reporting, to support organisational goals
• Directed finance team offering strategic financial insights to stakeholders in automotive sector
• Enhanced financial decision-making through accurate financial modelling and risk analysis
• Implemented cost-saving strategies to enhance profitability and improve financial performance
• Collaborated with cross-functional teams to support business decision-making
• Maintained adherence to financial standards and regulatory requirements in automotive industry
• Cultivated relationships with external partners and financial institutions to support business objectives
• Evaluated and advised on enhancing financial processes, systems, and controls for improved operational efficiency
• Drive innovation in automotive finance by staying updated on industry practices
• Developed and implemented innovative transport solutions for multiple industries

Company Industry: Transport, Express, logistic support, Real Estate.

• Oversees all the financial transactions, treasury, budget and planning
• Provide different financial reports and interpret financial information to top executives and committee members while recommending further courses of action
• Develop financial management mechanisms that minimize financial risk
• Establish the accounting and financial policies and procedures
• Devised effective cost reduction strategies, leading to increased profitability.
• Improved cash flow management with strategic forecasting techniques.
• Comply with and local financial requirements by studying existing and new legislation, and maintaining compliance
• Correspond with various other departments, discussing the company's plans and agreeing on future paths to be taken
• Manage and maintain relationships with financial institutions and banks, negotiate favorable terms and fees.
• Allocated company funds for donations (zakat)
• Oversaw financial reporting processes, maintaining accuracy and compliance with regulatory standards.
• Implemented cost-control measures, optimising expenditure within budgetary constraints.
• Forecasted trends and interpreted cash flows to reliably inform business decisions.
• Represented business in negotiations with external partners.

Company Industry: Manaseer Transport Fleet of over 700 medium to heavy duty vehicles.

• As its operations varies from loading and transporting construction raw materials, and final goods such as concrete ready mix and cements products, in addition to other transportation services
• Strengthened internal controls by developing rigorous compliance procedures.
• Managed complex audits, resulting in improved transparency and accountability.
• Lead the modelling, planning, and execution of all financial processes
• Execute short and long-term custom comprehensive financial strategies to reach company goals
• Drafted executive analysis reports highlighting business issues, potential risks, and profit opportunities
• Recommended innovative alternatives to generate revenues and reduce unnecessary costs
• Suggest modifications and improvements to existing processes and help in the evaluation of such changes
• Develop, implement, and maintain processes and controls that are current best practices related to transaction processing
• Provide financial analyses and models as needed, in particular for capital investments, pricing decisions, and contract negotiations
• Supervised all Finance & Administration Department employees and was responsible for the division’s overall management, coordination, and assessment
• Company Industry: Manaseer Transport Fleet of over 300 medium to heavy duty vehicles
• As its operations varies from loading and transporting construction raw materials, and final goods such as concrete ready mix and cements products, in addition to other transportation services

Company Industry: Contracting, Transport, Industry, Trading, real estate, investment.

• Expert Knowledge In cash management and investment
• Develop policies, systems and processes for financial control, budgeting and budgeted vs actual performance reporting, monitoring and adherence to policies, systems and processes to ensure that there are clearly defined guidelines for planning and performance reporting
• Prepare and Monitor the annual budgeting process for the company by coordinating with Business heads to facilitate preparation of budgets, collating and analyzing businesses budgets to prepare the annual consolidated budget for the company, presenting the required budgets to the board to ensure that the annual budgets for the company and departments are developed and approved
• Monitor preparation of the weekly, monthly, quarterly and annual actual vs budget performance reports, conduct analysis of reports including service line profitability, price realization etc, present and discuss the same with the business heads to ensure that the top management has the required financial information and analysis to take various strategic and operating decisions correctly and on time
• Prepare and Review financial feasibility studies conducted for new projects, discuss findings with concerned business heads and top management and evaluate financial alternatives for new projects to ensure that financial feasibility studies are made for new projects before approval to proceed
• Excellent Bank relations with the major banks in the kingdom, preparing the necessary documentation, cashflow, files and studies needed by the banks for getting bank loans and facilities for the company Negotiating with the banks the best terms for facilities and ensuring the availability of the necessary funds for each business on the holding level
• Good Knowledge Of L/C, S Management And International Purchases
• Preparing The Human Resource Yearly Budget.
• Produced accurate and timely financial reports for informed decision making.
• Achieved streamlined financial processes by implementing new software systems.
• Led team for successful fiscal year-end closing procedures.
• Partnered with senior management to formulate long-term business strategies, driving growth and sustainability.
• Worked to scale and enhance finance function, implementing new processes and refining existing ones.
• Represented business in negotiations with external partners.
• Policies And Organizational Charts.
• Allocated company funds for donations (zakat).

Company Industry: Issuing press publications, owning printing presses to carry out the company’s business and trading in it, guaranteeing the debts of others to achieve the company’s interest, carrying out various printing services such as printing newspapers, magazines, supplements, pamphlets and books, commercial agencies to implement the company’s goals, providing consultancy and media services except for the establishment of radio and television broadcasting stations and television productions, investment, real estate

• Navigated complex regulatory framework; ensured strict adherence to statutory requirements.
• Devised effective cost reduction strategies, leading to increased profitability.
• Analysed established fiscal parameters and organisational needs to develop approved annual budget.
• Managed cash flow and liquidity, mitigating financial risks and ensuring stability.
• Created and presented accurate, detailed financial forecasts.
• Conducted financial operations within the company including accounting, purchasing, pricing, budgeting, and forecasting of expenses and revenues
• Prepared accurate quarterly financial reports and provided detailed financial analyses of the company’s health
• Entered financial data in ERB for accounting, invoicing, clients, and suppliers
• Efficiently and accurately processed the invoices
• Diligently managed cashflow for multiple companies
• Developed strategies to minimize financial risk and increase revenue
• Successfully identified cost reduction opportunities by introducing innovative ways of shipping
• Ensured statutory compliance of the companies and provided guidance
• Prepared tax returns and analyzed tax law to find any deficiencies.
• Trained and supervised new talent on logistics and accounting on ERB.

• Company Overview: Company Industry: Darwazeh Motors is the Exclusive Importer and Retailer For Piaggio Group & C s.p.a The largest European Two Wheel Manufacturer and one the World's Industry Leader
• Darwazeh Motors imports from Piaggio Group the following brands; Vespa, Aprilia, MotoGuzzi and Piaggio
• Those brands carry a Hundred years of Heritage and History
• Full responsibility of accounting staff and preparation of all periodical and year end closing reports and discussing it with top management
• Daily work of accounting departs
• Making JV, s, payment vouchers, receipt vouchers, bank reconciliations
• Month end closing entries of accruals and provisions
• Company Industry: Darwazeh Motors is the Exclusive Importer and Retailer For Piaggio Group & C s.p.a The largest European Two Wheel Manufacturer and one the World's Industry Leader
• Darwazeh Motors imports from Piaggio Group the following brands; Vespa, Aprilia, MotoGuzzi and Piaggio
• Those brands carry a Hundred years of Heritage and History