Chief Financial,Governance, Risk And Compliance Officer
KUWAIT,+96565005950
Summary
Detail-oriented Finance, Risk management, Compliance and Corporate governance Expert dedicated to improving policies and procedures in all business areas. Hardworking and driven with quality-focused and proactive approach.
Bringing 23+ years of experience in Finance, Risk Management, Investment, Restructuring Management, Credit Rating and Leading the software transformation projects, ISO 31000, 9001 and 27001 projects. Lead projects with Boston Group Consultants, S&P, EY and PWC
Overview
23
23
years of professional experience
2
2
years of post-secondary education
Work History
Chief Governance, Risk and Compliance Officer
WARBA Insurance and re Insurance Company
Kuwait
06.2013 - Current
Format the Company's Risk Appetite.
Identify Financial and Non Financial Risks, IT Risks and design the Risk Mitigation Plans to apply the internal control mechanism.
Developed risk assessment models to identify potential Financial and Non Financial risks.
Implemented improvement initiatives and developed compliance testing program to monitor and identify gaps in new and existing practices.
Review the Quantitative and the Qualitative Risk assessments.
Managed practical action plans to respond to Gaps in Control discoveries and compliance violations.
Reviewed, revised and updated compliance policies and procedures to confirm continual compliance with applicable laws.
Asses the Financial and non Financial risks across the company.
Identified gaps in existing processes and recommended updates.
Lead the Company's Credit rating Projects with all stakeholders.
Lead the Due diligence and acquisition projects.
Lead ISO 31000, 9001,27001 Projects.
Asses the internal and External Risk exposures may affect the company's strategy and performance.
Lead the Company's New Strategy implementation with all stakeholders.
lead the IT transformation projects and ERP upgrade with all stakeholders.
Lead the Implementation of the Internal control mechanism and ensure the automation of the credit limits and Internal control features.
Created and maintained compliant work environment.
ensure the implementation of the company's strategy is in line with the approved Risk appetite with zero compliance risk.
being evaluated by S&P in 2016 and BCG in 2018.
Upgrade the Company's credit rating score.
Capital and ALM Management.
Developed and maintained system for tracking and reporting compliance violations.
Financial Controller
GIG Kuwait
Kuwait
03.2003 - 06.2013
Prepared accurate financial reports and monthly statements for accounts receivable.
Collaborated with executive team in preparation of annual capital and operating budgets, forecasts and all financial reporting and analysis.
Planned budgets, authorized expenditures, monitored accounting processes, established service rates and coordinated financial reporting to oversee all fiscal procedures.
Supervised accurate, efficient, and compliant completion of monthly financial reporting packages.
Managed budgets, assets, portfolios, accounts payable, and receivable and general financial reporting procedures.
Formulated strategic plans and supported tactical initiatives to execute cost-savings deliverables.
Completed year-end close processes through effective supervision financial functions and regular treasury transactions.
Senior Accountant
National Société General Bank
Cairo
07.2000 - 07.2003
Prepared monthly journal entries and reconciliations.
Updated general ledger with latest entries.
Reconciled balance sheets and streamlined best practices for balance sheet processes.
Reviewed documents and accounts for discrepancies and resolved variances.
Completed year-end closing processes with controllers and external auditors.
Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.<ul><li>Company Overview: Group Company of PUIG, Spain</li><li>Team Leadership & Process Excellence: Organised the transformation of the Finance & Accounts function, establishing performance-driven goals, and embedding a culture of accountability and continuous improvement. Drove operational efficiency through process redesigns, SOP implementation and optimal resource deployment, leading to measurable improvements in turnaround time and accuracy.</li><li>Strategic Partnering with CXOs: Acted as a key advisor to the CEO, CFO, and other CXOs on business planning, pricing strategies, and business model pivots to support scale-up and profitability. Contributed to investor communications with data-backed insights to enhance stakeholder confidence and secure strategic funding.</li><li>Cross-Functional & Global Stakeholder Management: Functioned as the strategic finance business partner to cross-functional heads and the PUIG global finance team, aligning local execution with global financial strategies and compliance requirements.</li><li>ERP Transformation & System Automation: Led end-to-end ERP reimplementation to address system gaps, enforce role-based controls, and automate core finance processes—resulting in enhanced data accuracy, faster reporting and improved internal controls.</li><li>Costing, Inventory & Profitability Optimization: Designed and implemented plant-level costing models to ensure accurate COGS determination. Improved inventory management across pricing, consumption tracking, and aging analysis—enabling better working capital control and cost efficiency.</li><li>Manufacturing Finance & Statutory Compliance: Supervised end-to-end accounting for manufacturing operations and ensured full statutory compliance.</li><li>Financial Reporting, MIS & Profitability Analytics: Delivered accurate and timely monthly MIS reports, including P&L, Balance Sheet and KPI dashboards with deep-dive variance analysis across stores, business verticals, and geographies. Supported board-level decision-making through insightful presentations on financial health and business performance.</li><li>Budgeting, Forecasting & Business Planning: Led the Annual Operating Plan (AOP) and rolling forecasts, ensuring alignment with strategic objectives and market dynamics. Monitored key financial metrics to enable business decisions and proactive cost management.</li><li>Statutory, Internal & Tax Audit Management: Finalized standalone and consolidated financials under Ind AS and IFRS, ensured timely group reporting and compliance with international standards. Delivered clean and timely closures of statutory, tax, and internal audits in coordination with Big 4 auditors. Strengthened audit readiness through pre-audit diagnostics and rectification of recurring control gaps.</li><li>Regulatory Compliance & Risk Management: Ensured end-to-end compliance which includes ROC, RBI, FEMA, Income Tax, GST, Transfer Pricing, DTAA, and Customs. Reviewed cross-border contracts and transactions to ensure arm’s length pricing, accurate TDS application, and proper documentation under Transfer Pricing regulations.</li><li>Commercial Negotiation & Contract Governance: Led commercial negotiations and structured deals with vendors and franchisees. Reviewed key business contracts to ensure financial viability, risk protection, and compliance with regulatory standards.</li><li>Treasury & External Commercial Borrowing (ECB): Managed fund planning and liquidity management including ECB drawdowns, bank negotiations, and interest optimization. Improved working capital cycles through proactive cash flow forecasting and receivables control.</li><li>Internal Controls & Governance Framework: Led organization-wide reviews of internal control systems, identified process gaps, and redesigned or implemented over 40 SOPs and IFCs. Established a governance structure for financial discipline, risk mitigation, and policy compliance across departments.</li></ul> at Kama Ayurveda Pvt. Ltd. & PUIG India Pvt. Ltd.
Lead compliance officer - Corporate Risk, Compliance, Strategy, Planning, and Governance Team at RandstadLead compliance officer - Corporate Risk, Compliance, Strategy, Planning, and Governance Team at Randstad