Amir Sohail Rammay AMIR RAMMAY
CFO at Al Saif Group Saudi Arabia Automotive Previous Al Saif Motors (Jag & Land Rover) Education Association of Chartered Certified Accountants
Summary Finance professional having excellent track record in high and low end aspects of corporate finance, focused expertise in financial control & management in Saudi market, possessing excellent management and leadership skills. Specialties: Formulating financial strategy Formulating risk management strategy Arrangement of debt financing Investment of funds Maintaining investor relation Maintaining banking relations
Experience CFO Al Saif Group January 2011 – Present (6 years 1 month)• Partner with the chairman on all operational and strategic issues as they arise; provide strategic recommendations to the chairman based on financial analysis & projections, cost identification & allocation, and revenue/expense analysis. • Participate in the ongoing strategic planning process of business. • Oversee long-term budgetary planning and cost management in alignment with strategic plan. • Engage the vice president (VP) of development to align financial management with shortand long-term financial planning and projections. • Engage the board finance committee around issues, trends, and changes in the operating model and operational delivery. • Oversee budgeting, and the implementation of budgets, so as to monitor progress and present operational metrics both internally and externally. • Ensure that finance staff maintains financial records in accordance with Generally Accepted Accounting Principles, and monitor the use of all funds.
• Oversee the preparation and approval of all financial reporting materials and metrics for funding organizations and ; prepare & communicate monthly and annual financial statements. • Manage cash flow and forecasting; direct all financial, project-based, and departmental accounting. • Coordinate all audit activities. • Evaluate and oversee all benefits negotiations, thus providing the most competitive packages for employees. • Review all formal finance-, HR-, and IT-related procedures, processes, and administration, recommending improvements to the systems in place and managing the systems going forward. • Develop and manage direct staff, to include managers in finance, HR, and IT; • Engage other members of the senior management team—to facilitate crossdepartment collaboration that ensures that all financial, IT, and HR solutions positively support evolving strategy, operational delivery, and data collection needs.
National Finance & Admin. Manager Al Saif Motors (Jag & Land Rover) September 2009 – 2011 (2 years)o Preparing budget according to annual business plan agreed with Jaguar & Land Rover o Preparing cash flow, making sure that funds and facilities will remain available to meet the business plan requirements considering shortfalls if market behave adversely. o Reviewing budget & cash flow monthly & adjusting wherever required. o Reviewing & devising financials according to GAAP. • Reviewing & preparing monthly management reports, briefing in detail and analyzing by region, department & derivative. Expense analysis in different regions, especially recoverable expenses. • Liaison with external auditors (KPMG) for timely audit of financials and obtaining of Zakat certificate. • Ensuring finance cover for imports from Jaguar & Land Rover i.e. for vehicles as well as for spare parts. • Negotiation with suppliers to maintain & improve contractual agreements. • Monitoring and managing banking relationship, including credit lines and short & long term debts. • Monitoring internal controls, authorizing client credit limits, local purchases, fixed asset purchases, and petty cash expenses. • Liaise regularly with management team in order to understand ongoing business activities & development therefore preparing management information reports in order to ensure that business have the relevant information needed to support strategic decision making. • Negotiating medical, motor trade, property & other related insurance policies, diversifying risk and arranging full cover at most economical rates.
Projects Volvo January 2009 – April 2009Worked on Volvo vehicles franchise for Saudi Arabia. Lifan Motors Co. July 2008 – February 2009Worked on Lifan cars franchise for Saudi Arabia initially and later on for whole middle east. MG Cars March 2007 – November 2007Worked in MG cars franchise for Saudi Arabia.
Education Association of Chartered Certified Accountants Chartered Certified Accountant, Accounting & Finance 1999 â€“ 2002 Institute of Cost & Management Accountants of Pakistan Finalist, Cost Accounting 1992 â€“ 1995
Contact Us https://www.linkedin.com/in/amir-rammay-583b71b https://amirsohailrammayblog.wordpress.com/ http://amirsohailrammay.blogspot.com/
Published on Jan 13, 2017
Amir Sohail Rammay is a wonderful human being and a well known national finance manager at Al Saif Motors. He is a great financial advisor a...