Bassam Abi Saab

About

Motivated, detail-oriented, and well-regarded CFO with over 17 years of experience directing financial, accounting operations, and investment portfolios for organisations ranging from mid to large investments. Proven financial analysis and operations acuity, developing systems to effectively integrate reporting, budgeting, and strategic planning in order to optimize company value, maximize cash flow, and minimize risk and cost. Effective communicator, driven by solid analytical and leadership skills. Consistently exceeds performance and profitability goals through insightful forecasting, positive cultural change, and innovative process improvements.

Experience

JCYARED

Feb 2021 – Present

Beirut, Paris, Abidjan

GM CFO

Leading the organization strategic directions toward providing best in class services. As a General Manager and CFO, my main responsibilities include formulating overall corporate strategy, managing all aspects of Investment Decisions, New Business Development, Treasury Management, and The Management of the Finance Operational Performance (G/L), Forecasting, and Financing Objectives. Directed the Profit and Loss Analysis, Annual Budget Preparation, as well as Performance Analysis. Served as a subject matter expert in IFRS and Established the overall Corporate Policies and Procedures.

JCYARED

Dec 2017 – Sep 2021

Beirut

Business Controller

Providing effective financial leadership to a finance team, to enable strategic foresight into the business and provide knowledgeable and accurate financial information to senior management. On the other hand, looking at core activities and improving corporate working capital through reduction of DSO, DIO and increase in DPO as a strategy to improve cash conversion cycle making the company less leveraged and enables it to meet its obligation from its working capital rather than debt.

JCYARED

Sep 2019 – Jan 2021

Beirut

DGM Finance

Overseeing the general financial accounting, reporting and planning system, applying standard principles of accounting, cost determinations, and statistical analysis. Preparing, or supervising the preparation of, financial and operating reports from statistical data. Responsible for the working capital and treasury management as well as for the preparation of annual organization budget, coordinating all department budgets, working with all department heads throughout the year to ensure that expenditures adhere to budgetary requirements, in addition to management of new business development through exploring new business opportunities, portfolio diversification, Drive ROA and ROI, as well as new contract negotiations and management.

Shell Iraq Petroleum

Mar 2014 – Jan 2017

Iraq

Field Finance Controller

Manage and effective field finance team, creation of financial controller organization, project finance, running and maintaining the finance and accounting department and provide accurate financial information to the group as well as ensure sufficient controls in place to manage the construction of the central processing facility until the conversion of constructed assets into an operating facility.

Shell Abu Dhabi BV

Jan 2007 – Mar 2014

UAE

Finance Controller

Education

University of the People

Sep 2017 – Dec 2020

Masters, Business

Pebble Hills University

Apr 2002 – Apr 2006

Bachelor, Accounting and Auditing

Institute of Chartered Accountants

Oct 1999 – Jun 2002

Advanced Technical Diploma, Accounting and Auditing

Skills

Languages