Hamzah AL-Khars

Results-oriented finance management leader driving financial excellence for multimillion-dollar real estate projects by delivering impactful strategies, leveraging industry knowledge, and consistently exceeding financial goals. 

As the current Finance Director at Qmam Altasheed Contracting Company, I am directing and optimizing Finance and Accounting function, ensuring efficiency, accuracy, and compliance with industry standards. In my current role, I've strategically secured optimal bank facilities, enhancing liquidity ratios and securing $100 million in financing for long-term and short-term assets. 

My achievements include overseeing escrow accounts totaling $200 million, spearheading the collection of VAT from the Ministry of Housing, and securing Ministry of Housing Developer Loans and bank facilities amounting to $100 million. I also established and oversaw a fund surpassing $200 million, strategically balancing a 60% equity and 40% loan composition.

Beyond financial management, I actively contributed to organizational evolution through close collaboration with board members, identifying and pursuing innovative business opportunities that led to successful diversification efforts and positioned the company for sustained growth.

My charismatic personality makes me an exemplary negotiator marked by groundbreaking agreements with foreign investors, facilitating the export of cutting-edge building technology to KSA. 

• Results-driven C-level finance management leader directing strategic formulation of financial policies, optimizing finance and accounting operations, and implementing & upholding rigorous compliance standards that positively influenced company’s profitability by improving liquidity ratios and securing $100 million in financing 
• Steered multimillion-dollar real estate projects, analyzed various funding options and expertly negotiated financing terms while prioritizing optimal balance between equity and debt to maximize returns and minimize costs; proficiently oversaw robust risk mitigation strategies ensuring financial stability 
• Recognized for implementing pragmatic leadership approach, driving long-term financial planning initiatives, aligning financial goals with overall business strategy and providing invaluable insights into potential investment opportunities that resulted in successful loan and credit approvals, while empowering decision-makers with critical insights

• King Fahd University of Petroleum & Minerals (KFUPM), Dhahran, KSA

Bachelor of Science – Finance