Omar Samara
Chief Financial Officer
Professional Overview
Omar Samara is an accomplished Chief Financial Officer with extensive experience driving financial strategy, operational excellence, and organizational growth across diverse industries. With a keen focus on healthcare and retail, he leverages his technical expertise and strategic leadership to optimize financial performance, improve operational efficiencies, and support long-term business objectives.
Experience Summary
Current Roles
Chief Financial Officer, Salehiya Healthcare (Present)
- Responsible for overseeing all financial operations, including budgeting, forecasting, and financial reporting, to ensure the organization's financial stability and growth.
- Spearheaded the implementation of robust financial controls and risk management strategies, leading to a 20% improvement in cost savings.
- Played a pivotal role in the company's successful expansion into new markets, contributing to a 15% increase in revenue over the past two years.
Group Chief Financial Officer, TAMER (Present)
- Accountable for the financial management and strategic direction of the TAMER Group, a leading multi-sector conglomerate.
- Drove the implementation of a centralized financial management system, resulting in a 30% reduction in processing time and enhanced data-driven decision-making.
- Spearheaded the company's digital transformation initiatives, leading to a 25% improvement in operational efficiency.
Chief Executive Officer, Al Hokair Group (Present)
- Responsible for the overall strategic direction and operational leadership of the Al Hokair Group, a prominent hospitality and retail conglomerate.
- Developed and executed a comprehensive turnaround strategy, leading to a 35% increase in profitability and a significant improvement in market share.
- Championed the company's sustainability initiatives, resulting in a 20% reduction in the organization's carbon footprint.
Previous Roles
Chief Financial Officer, SALEHIYA Medical (Past)
- Oversaw the financial operations, reporting, and strategic planning for this leading healthcare provider.
- Implemented cost-optimization strategies that delivered a 15% reduction in operating expenses.
- Played a key role in the company's successful diversification into new medical services, contributing to a 12% growth in revenue.
Vice President of Finance & Chief Financial Officer, Al Hokair Group (Past)
- Managed the financial operations, reporting, and strategic planning for the Al Hokair Group, a prominent hospitality and retail conglomerate.
- Spearheaded the implementation of a robust financial management system, resulting in a 20% improvement in financial reporting accuracy.
- Developed and executed a comprehensive financial strategy that supported the company's expansion into new markets, leading to a 18% increase in profitability.
Academic Background
Omar Samara holds a Master's Degree in Business Administration (MBA) from the King Saud University, where he graduated with distinction. He also possesses a Bachelor's Degree in Accounting from the same institution, graduating with honors.
Areas of Expertise
- Financial Management and Strategic Planning
- Cost Optimization and Operational Efficiency
- Risk Management and Compliance
- Mergers, Acquisitions, and Integrations
- Digital Transformation and Technology Integration
- Leadership and Organizational Development
Professional Impact
- Recognized as a thought leader in the healthcare and retail industries, frequently invited to speak at industry conferences and events.
- Served as a board member for several industry associations, contributing to the development of best practices and regulations.
- Awarded the "CFO of the Year" award by the Saudi Arabian Financial Executives Association for his outstanding contributions to the finance profession.
Conclusion
With a proven track record of financial leadership and a deep understanding of the healthcare and retail sectors, Omar Samara is a highly sought-after Chief Financial Officer. His ability to drive financial optimization, operational excellence, and strategic growth makes him a valuable asset to any organization seeking to maximize its financial performance and achieve long-term success.