Procurement General Manager
Almajdouie Holding Group
Total years of experience :27 years, 2 months
Leading and Managing Holding Procurement Department.
Responsibilities:
• Development, Implementation of Group Procurement Policies & Procedures and Oversee the Continues Improvement.
• Developed and Oversee the Internal Quality Assurance Review Function to ensure that Operational Controls and Policies are Fully Complied.
• Responsible for Performing Complex Spending Analysis and Modeling across the Group SBU's/SSU's with the Objective of Maximizing Cost Savings and Minimizing Risks and to improve Operational Efficiency.
• Preparing Performance Reports Pack Capturing Balanced Scorecard and Performance Analysis by Segments and Cost Center Wise with Detailed Key Performance Drivers to Present To EXCOMM during Strategy Review Meeting.
• Supervising Supplier Lifecycle Management (Oracle SLM) Function Including Registration, Pre-Qualification, Classification and Evaluation.
• Consolidation and Monitoring Of Group Level Opex and Capex Budget to Provide the Strategic Sourcing Road Map to Sourcing Team.
• Assisting In Development/Implementation of Annual Business Plan Including Strategic Objectives, Key Performance Metrics.
• Monitoring and Controlling Actual Vs. Budget and Report Detailed Variance Analysis to the Top Management.
• Developing and Maintaining Group Level Approval Hierarchies Including Assignment Of Approval Groups In Oracle ERP.
• Oversee the Procurement Internal And External Audit, Review, Analyze Results, and Recommend For Improvement and Approval.
Responsibilities:
• Developing, Executing, Controlling and Mapping SCM Policies and Procedures to inline with Oracle Supply Chain Modules to meet both current and Future Business Models.
•Development and Implementation of Procurement Strategies by Providing Product Portfolio & ABC Analysis.
• Monitor Business Performance and Generate Performance Reports Balanced Scorecard/Key Performance Indicators, Monthly and Quarterly Executive Reports for Top Management.
• Administration of Sourcing Committee Meeting as per SC charter.
• Conducting Internal Procurement Audit and Ensuring all Procurement Transactions Comply with Group Procurement Policies.
• Ensuring the Socialization of Policies and Procedures to All Holding Companies.
• Strengthening and Adhering to Internal Control Process.
• Supervision of Supplier Relationship and Development Function.
• Preparation of Group level Opex & Capex Variance Reports.
Responsibilities:
• Keeping the updated version of Strategy Management System including Strategy Maps, Balanced Scorecard, Strategic Objectives and Strategic Initiatives, Key Performance Indicators & Initiatives Owners.
• Proposing and Discussing the Targets for the KPIs with the Objective Champions and Owner of Strategic Initiative.
• Defining the Reporting/Data Capturing Mechanism for Objectives/KPIs/Initiatives.
• Coordinating with the Objective Champions and Strategic Initiatives Owner to gather Quarterly Progress Reports.
• Prepare the Quarterly "Balanced Scorecard Strategy Reports" to discuss with the Executive Management
• To provide Decision Making support to Executive Committee.
• Group Spending Analysis (Commodity, Suppliers & SBU’s Wise)
• Preparation of budget variance reports.
• Development and Execution of policies and procedures to meet both current and future business needs.
• Conducting policy and Procedures awareness sessions to all Group Companies.
Responsibilities
• Preparation & Presentation of Balanced Scorecard and performance reports to present to EXCOMM during Strategy review meeting.
• Monitor and track Key Performance Indicators (KPI’s) as per strategic objectives.
• Preparing Monthly Business Indicator Report.
• Preparing Monthly & Quarterly Cost Savings Reports including Projections.
• Maintaining and Publishing updated version of Policies and Procedures.
• Gathering KPI’s data from KPI’s Owners to consolidate and generate various Reports.
• Follow up with Strategic Initiatives Owners to Achieve Strategic Objectives as per annual Plan.
Responsibilities
• Preparation of Final Accounts i.e. Balance Sheet and Profit & Loss Account etc.
• Preparation, analysis and presentation of Monthly Revenue Report to VP Finance and CEO.
• Preparation of Company’s Biannual Forecasting in line with Biannual Sales & Marketing Targets.
• Preparation and allocation of Departmental Budgets along with the provision of necessary relevant consultation.
• Preparation of Quarterly Departmental Budget Compliance Report by way of variance analysis and its presentation to EXCOMM.
• Development of Finance Department’s KPI Report along with the provision of assistance to other departments in identifying the financial aspects of their KPIs.
• Preparation and transfer/disbursement of Company’s complete Monthly Payroll.
• Preparation of Monthly Bank Reconciliation Statements.
• Coordination and collaboration with Auditors during the conduct of Final Audit.
• Handling Payable Module
• Handling Sales Tax Returns including Tax Deposit in Government treasury.
• Preparation of Annual Tax Statements including Salary Tax and Supplies & Services Withholding Tax.
• Initiation and verification of Procurements from local as well as foreign market.
• Approval Purchase Orders Requests to sanction funds as per available Opex & Capex budget.
• Supervision and verification of Cash Payments.
• Monthly Closing of Accounts i.e. accounting of accruals and prepayments.
• All bank correspondences including payments to vendors and Leasing etc.
• Establishment and assurance of Internal Controls Compliance.
Accounting and Finance Role
Accounting and Finance
•Master of Business Administration (MBA-Finance)