Abdurahman Almaimani

A CFO, a Finance and a Business Consultant

Medina, Al Madinah, Saudi Arabia

About

A visionary CFO with 15+ years’ experience in concrete financial management within large national and multinational entities. Educated and worked in accounting, leadership, strategy, finance and marketing. Seeking an innovative and challenging job with executive position where which will utilize my professional skills and experiences to help achieve the mission and the objective while offering the opportunity to advance my career and train others. Mr. Abdurahman has a track record for building companies from scratch and has experience expanding businesses and going globally. He is an expert in family business and can help with any kind of business that needs a professional project manager with an emphasis in accounting information system and strategic leadership. Mr. Abdurahman academic background includes an MBA with an emphasis in Strategic Leadership from Dominican University of California, an MBA with an emphasis in Global Management from Dominican University of California too, a BS in Accounting and Information Systems from Prince Sultan College for Tourism and Business, and an extensive postgraduate accounting training. Mr. Abdurahman has experience consulting and working with a vast number of family-businesses focused on the development and the innovation of those businesses. His expertise is developing and executing strategies can be used to enhance businesses and economic growth. Mr. Abdurahman is the Founder and the CEO of A.K.M, Inc. and he leads the execution of different business initiatives that aim the creation of new collaborative opportunities. Mr. Abdurahman is interested in an innovative and challenging job, which will utilize his professional skills and experiences to help him achieve the mission and the objective while offering the opportunity to advance his career.

Experience

  • Maimani Holding Group (11 yrs 10 mos)
    • Chief Financial Officer
      Apr 2019 - Present · 7 yrs 8 mos

    • Al-Madinah Al-Monawarah, Al Madinah Region, Saudi Arabia · On-site
      Present

    • Present
      • Managed 2 companies and provided significant input in turning around the losing division into a profitable operation • Implemented “Activity Based Costing” in two factories that revealed rich insights like product and customer profitability, cost of different activities and identification of cost drivers • Supervised the financial accounting and reporting function. This included: - Maintaining an effective system of accounting and reporting that ensured the monitoring of actual performance against budgets etc. - Directing the preparation of financial statements as per the Group’s accounting policies within the stipulated deadlines (15 day month end). • Led a change management initiative and used the techniques of Quality circles to control cost • Provided presentations to chairman and board of directors for the annual performance reviews and budget • Formulated the preparation of annual budgets and rolling forecasts using “Microsoft AX Dynamic” • Introduced responsibility accounting by having monthly review sessions on operating cost with all the cost center holders • Coordinated with external & internal auditors and consultants for Annual Audit, Physical Stock take, Zakat returns etc. along with liaising with insurance companies to have complete insurance coverage of company assets • Analyzed business worth and presented to board by using different valuation techniques such as discounted cash flows (DCF), earning multiples and net worth • Successfully led and conducted the divestment • Developed and maintained excellent relationships with the finance department’s customers (individual departments), external and internal auditors, zakat consultants, legal counsel, financial advisors etc.

    • Director of Marketing and Sales
      Jan 2016 - Present · 10 yrs 11 mos

    • Madinah, Saudi Arabia
      Present

      • Led teams to improve Red Bricks in terms of Sales intensity, Margins and Cost structure - Prepared the long term strategic plan of Retail division, and distributors - Being the department head, responsible for management, motivation, training, recruitment and selection of sales and marketing department staff. • Developing regional marketing strategies and guiding the development of marketing plans in each territory. • Monitoring results and taking corrective actions to make sure goals are met, in addition to proactive tactical actions to accommodate competitors’ moves and/or market changes. • Measuring customer satisfaction levels among existing clients through periodical surveys and analysis of the company’s products to identify desirable add-ons to cater for recognized needs. • Approaching prospects and maintaining relationships with existing customers.

    • Secretary of the Board of Directors
      Feb 2015 - Dec 2020 · 5 yrs 11 mos

      Organized the board meeting and following up with the board decisions

  • Board Member at Taiba Agricultural Development Company
    Dec 2023 - Present · 3 yrs

  • Founder & Chief Executive Officer at A.K.M, Inc.
    May 2009 - Present · 17 yrs 7 mos

  • Board Member at Madinah Industrial Investment Company
    Apr 2019 - Apr 2021 · 2 yrs 1 mo

    • Highly Strategic & Analytical with a strong focus on Value Creation of the Organization • Have looked over a large size Balance Sheets with tangible achievements • Member of the team that developed the detailed Growth Strategy • Involved in the decision making process of the Company being a key member of the following executive committees/meetings: - Property Acquisition Committee - Organization development - Development Meetings (for sign off of the development projects) - Business Leadership Team • Supervised the investment appraisal process / feasibility analysis for all potential real estate investments • Oversee the establishment and maintenance of internal controls throughout the organization to manage the key business risks.

  • Aldoraq Water Bottling Plant (14 yrs)
    • General Manager
      Jan 2014 - Dec 2015 · 2 yrs

      • Major responsibilities included corporate planning, price negotiation with vendors, treasury, and system development in computerized environment. • Performed key role in implementing integrated financial systems at Aldoraq Water. • Reviewed the mode of financing and introduced better means that directly contributed towards improved profitability of the company.

    • Assistant General Manager
      Jan 2002 - Dec 2013 · 12 yrs