Cleveland, Ohio

George Ammar | Professional Career

Financial Executive George Ammar has held several leadership roles in the span of his career. Below is a concise summary of his professional profile:

Chief Financial Officer

Signet, LLC

Cleveland/Akron, Ohio Area

June 2013 – July 2017 (4 years 2 months)

George Ammar was given overall financial responsibility for all operating entities including treasury, budgeting, financial statement monthly/annual reporting, strategic planning, and yearend tax reporting functions. Additionally, he was highly involved in new operating company acquisitions and new venture start-up companies, as well as corporate IT planning, liability insurance, and human resources.

Manager – Finance

Medical Mutual

Cleveland/Akron, Ohio Area

February 2007 – September 2008 (1 year 8 months)

George Ammar oversaw a 13-person professional staff in the Revenue accounting area of the Finance department. He was responsible for the timely and accurate weekly customer billing of medical claims, monthly administration, and stop loss premium estimated at $2 billion per year. Additional responsibilities included monthly and annual divisional financial statements, development of annual divisional forecast, and maintenance of billing system.

Manager of Accounting

Parkwood LLC

Cleveland/Akron, Ohio Area

October 2002 – December 2006 (4 years 3 months)

In this role, George Ammar oversaw an eight-person accounting department responsible for maintaining over 100 general ledgers and recording of over 10,000 transactions per month. He managed all insurance related areas including life, disability, health, workers compensation, and liability insurance.

CFO & Treasurer

SoundCom Systems

September 1993 – October 2002 (9 years 2 months)

George Ammar served as Chief Financial Officer, Treasurer, and owner of the company responsible for the financial, administrative, information systems and human resource functions. As a member of the executive management team, his primary role focused on strategic planning for the company’s long-term growth. Over the nine-year period the company’s sales and net income doubled under his leadership.

Enterprise Manager

Arthur Andersen & Co.

Cleveland/Akron, Ohio Area

July 1985 – August 1993 (8 years 2 months)

George Ammar worked directly with top executive management to solve business, financial and tax issues. He administered all levels of service to more than 50 companies in various industries. Additionally, he reviewed and evaluated management information reporting and financial internal controls, and developed and presented suggestions for improvement to top management.