
Fahad Shams FCCA,CPA
FeaturedAbout Candidate
I am Fahad Shams, a seasoned professional with over nine and half years of experience in driving digital transformation, process optimization, and ERP implementations(SAP S4/HANA, Oracle Fusion/EBS) across various industries. I hold the ACCA Fellow Membership and Associate Membership from CPA.
As a digital transformation expert, I have had the privilege of working with esteemed organizations such as PwC and Deloitte & Touche Middle East, where I have successfully delivered numerous end-to-end projects involving finance and digital transformation, IT project management, business and process transformation, and technology implementation.
Currently, I am employed by Deloitte & Touche Middle East, Jeddah, KSA office.
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Work & Experience
Leading finance and digital transformation initiatives by overseeing cross-functional teams, analyzing existing business processes, identifying gaps, and documenting necessary changes to drive process improvement and optimization; Possessing in-depth knowledge of business processes and effective requirements gathering skills to design and architect ERP solutions that align with organizational needs, ensures seamless integration and optimal operational efficiency; Spearheading the project delivery, overseeing the execution of diverse projects, including transformation projects, IT implementations, business process re-engineering, and gap analysis, with a track record of successful delivery and exceeding stakeholder expectations; Leading the configuration and deployment of Oracle, SAP S4/HANA, and other solutions for clients across diverse engagements, encompassing a broad range of functions, including general ledger, accounts payable, accounts receivable, human resource management, procure to pay, fixed asset, and other advanced modules; Actively identified opportunities for process improvement and introduced targeted changes to optimize operational efficiency, resulting in significant productivity gains; Provide strategic guidance to clients on organization design, change management, and operational effectiveness, ensuring successful implementation of new strategies and processes; Optimize financial performance and drive finance transformation by leveraging expertise in financial management, process automation, and digital solutions to enhance business efficiency and profitability; Develops and implements process re-engineering strategies to streamline operations, eliminating unnecessary steps and optimizing resource allocation, leading to improved productivity and enhanced client satisfaction; Spearheading the development and implementation of comprehensive project management methodologies and procedures to ensure seamless project delivery, drive process optimization, and enhance overall efficiency; and Proactively monitoring project progress, identifying and mitigating risks, and maintaining a comprehensive RAID log to ensure timely and effective issue resolution.
Successfully lead the implementation of enterprise-wide digital transformations, analyzing and optimizing existing business processes to identify gaps and opportunities for improvement. Developed comprehensive plans to bridge these gaps, ensuring seamless integration of technology and business initiatives; Spearheaded the design and implementation of multiple ERP systems, including Oracle, SAP S4/HANA, and other solutions, ensuring seamless integration with existing processes and driving user adoption to enhance business efficiency; Led improvement initiatives by developing gap analysis documents and revising policy plans to align with best practices, ensuring a streamlined and compliant financial operation framework; Configured and implemented comprehensive financial controls and compliance protocols within the ERP system, ensuring the accuracy, reliability, and integrity of financial data while maintaining adherence to regulatory requirements and upholding the highest standards of financial governance and risk management; Design and implemented financial planning and budgeting processes, ensuring accurate forecasting and analysis of financial performance across various industries through effective use of financial planning and analysis tools and techniques; Conducted comprehensive risk assessments to identify and mitigate potential risks associated with new opportunities, developing and implementing effective mitigation strategies to ensure successful project outcomes; Consolidated financial information from various departments and entities to prepare comprehensive management reports, enabling data-driven decision-making and strategic planning; Provided comprehensive training and support to ensure successful adoption and utilization of new systems, coupled with thorough testing and quality assurance to ensure seamless system performance, minimize disruptions, and optimize end-user experience; and Successfully managed scope, cost, schedule, and contractual deliverables for the project, applying techniques for planning, tracking, change control, and risk management to ensure that the project was delivered within budget and on time.
Served as a strategic advisor, overseeing the governance and execution of complex digital transformation projects, encompassing the implementation of enterprise-wide systems, gap analysis, business process re-engineering, and system design; Conducted comprehensive GAP analysis to identify process optimization opportunities, generating detailed reports and actionable recommendations to drive financial transformation and enhance operational efficiency, thereby aligning business processes with strategic objectives. Provided thought assistance and guidance to clients on best practices in business strategy, operations, and innovation, while also facilitating workshops and meetings to gather requirements and communicate results; Spearheaded comprehensive ERP implementations for various clients, leveraging expertise in Oracle and other solutions to streamline processes through multiple modules, including general ledger, accounts payable, accounts receivable, human capital management, procure to pay, inventory management, and business intelligence; Developed and implemented process optimization initiatives, creating detailed 'as-is' and 'to-be' business process models that streamlined workflow efficiency, identified and eliminated bottlenecks, and enhanced overall organizational productivity; Developed and managed project schedules, resource allocation plans, and budget plans to ensure timely and cost-effective project delivery, thereby optimizing project management processes and maximizing resource utilization; Assisted the team involved in leading the business development efforts, spearheading revenue growth and market expansion by identifying and pursuing new opportunities, building and maintaining key stakeholder relationships, and collaborating closely with cross-functional teams to develop and execute effective business development initiatives; Designed and implemented comprehensive financial reporting solutions that enabled the organization to derive actionable insights, inform strategic decision-making, and drive business growth through data-driven initiatives; and Monitored and managed ongoing projects, developing and implementing project management methodologies and procedures to ensure successful project outcomes. This involved optimizing processes, identifying and mitigating risks, and tracking progress through RAID logs to guarantee timely, budget-friendly, and high-quality delivery of projects.