Naseer Ali

CFO | Consumer Goods / Healthcare | Multinational / Public Listed companies | Emerging Markets

Riyadh, Saudi Arabia

About

Business Leader and professionally qualified accountant (FCMA, FCMA UK, CGMA, FPA, CIA). Performed CFO/Group CFO/CSO (Chief Strategy Officer) and Acting GM/CEO roles in large, public listed & multinational FMCG / Manufacturing / Healthcare companies, with region-wide responsibility, based within the GCC (UAE, Saudi Arabia & Bahrain) & Asia, for the wider Middle East & Africa regions. Drove high impact strategic/operational/change management projects on country & region wide basis e.g. business expansions - M&A & organic, route to market models, market entries, VAT/Excise/IFRS transitions, ERP systems implementation, debt restructuring, cash management, policy design etc. Set up back-offices / shared services and front line commercial processes (S&OP, investment, innovation etc) to drive efficiencies. Passionate about developing talent; have led large, culturally diverse & multi-country, functional / cross-functional teams to enable business transformation. Roles performed over the course of career have covered all of the major finance specialism's. These include strategic planning, financial planning & analysis, internal audit & controls, manufacturing & supply chain finance, financial reporting (statutory, regional and group under IFRS and GAAP), business partnering, sales and brand finance (worked with top global brands), shared services, treasury & working capital management and investor relations. In addition, have also performed commercial roles such as Strategy (Regional / Local level) and GM/CEO.

Experience

  • Chief Strategy Officer (CSO) at National Medical Care
    Jan 2022 - Present · 4 yrs 6 mos

    ► Internal move, on behalf of the primary shareholder, to the largest holding of the Saudi Medical Care Group (SMG) i.e. CARE, which is a listed company on the Saudi stock exchange, to drive the long term strategic plans incl. M&A /expansion pipeline; working with the Board and senior management. Member of Corporate Leadership Team, working closely with the Board of Directors, overseeing Strategy Formulation, PMO Office, Mergers & Acquisitions and supporting robust commercial decisions.

  • CFO at SMG
    Jan 2021 - Jan 2022 · 1 yr 1 mo

    Saudi Medical Care Group (SMG) is a private hospital/healthcare group which has 10 facilities across the Kingdom, providing services over acute, multi-specialty and LTC, with 1200+ beds and 4,500+ employees. Member of Group Leadership Team, support to the Board of Directors, managing Supply Chain and Revenue Cycle Management functions, M&A, people leadership & team development, business strategy & delivery of results and compliance with regulatory requirements.

  • CFO and Vice President Finance & IT at NADEC Foods
    Aug 2017 - Jan 2021 · 3 yrs 6 mos

    Member of Food & Group Leadership Team, business strategy & delivery of results, people leadership & team development, business partnering with all functions including factory & dairy farms, support to the Board of Directors, mergers & acquisitions support incl. due diligence, fulfilling listed company requirements on Saudi stock exchange under IFRS, regulatory compliance on VAT & Excise, multi-country financial operations, streamlining working capital and cash flow, margin improvement and building strong governance & control framework.

  • CFO - GCC at Kimberly-Clark
    Jun 2014 - Aug 2017 · 3 yrs 3 mos

    ► Acting General Manager / CEO for the business for a year during time of leadership transitions Member of GCC Leadership Team, Support to Regional K-C HO, Olayan Group and Board of Directors, business strategy & delivery of results, people leadership & team development, business partnering with Sales / Marketing / Supply / Operations (2 factories), Legal Entity and Joint Venture management/restructuring, VAT compliance, multi-country financial operations, working capital and cash flow management, margin improvement and building strong governance & control framework.

  • Mars (Full-time · 4 yrs)
    • CFO Supply - Middle East, Turkey & Africa
      Feb 2014 - May 2014 · 4 mos

      Member of Regional Supply Leadership Team, supporting manufacturing sites in Dubai, Jeddah & Cairo as well as regional supply chain & commercial functions, supply strategy, cost management and optimization and delivery of results, working capital and cash flow management, people leadership and improving governance & controls.

    • CFO - Saudi Arabia
      Sep 2012 - Feb 2014 · 1 yr 6 mos

      Member of Saudi Arabia Management Team, delivery of results, managing relationships with distributors, business strategy, financial operations, working capital and cash flow management, sales finance, legal entity management, people leadership & team development, compliance with regulatory requirements and improving governance & controls.

    • Planning & Analysis Manager - Middle East, Turkey & Africa
      Jun 2012 - Sep 2012 · 4 mos

      Financial planning & analysis, strategic planning, PMO, brand and sales finance, corporate reporting, managing teams and key regional projects for the Middle East (GCC and North Africa / Levant), Turkey & Africa region.