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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
https://www.linkedin.com/in/amir-rammay-583b71b
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 short-
and 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 cross-
department 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 – 2002
Institute of Cost & Management Accountants
of Pakistan
Finalist, Cost Accounting
1992 – 1995
Contact Us
https://www.linkedin.com/in/amir-rammay-583b71b
https://amirsohailrammayblog.wordpress.com/
http://amirsohailrammay.blogspot.com/

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Amir Sohail Rammay

  • 1. 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 https://www.linkedin.com/in/amir-rammay-583b71b
  • 2. 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
  • 3. 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 short- and 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.
  • 4. • 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 cross- department collaboration that ensures that all financial, IT, and HR solutions positively support evolving strategy, operational delivery, and data collection needs.
  • 5. 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.
  • 6. 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.
  • 7. Education Association of Chartered Certified Accountants Chartered Certified Accountant, Accounting & Finance 1999 – 2002 Institute of Cost & Management Accountants of Pakistan Finalist, Cost Accounting 1992 – 1995