Senior Business Analyst / Business Planning & Performance
Al Fahim
Total years of experience :17 years, 5 Months
Provide analytical support to Chairman and Head of Business Planning and Performance to facilitate achievement of strategic business objectives.
Meet stakeholder’s needs and understand requirements and gaps, act as a channel between the Chairman’s office, business units and shared services.
Improve workflow/processes and assist in accelerating them to ensure standardization and efficiency across business.
Provide data modelling and management information to facilitate strategic decision making across the Group.
Assist in the overall process of strategy preparation based action plan across the Group business units, related divisions and shared services to establish key performance areas and associated deliverable.
Assist to create, performance stretched targets, standard operating procedures (SOPs) with version controls and ensure adherence to compliance standards for the Group.
Actively participate in budget process to prepare variance reports and provides feedback on common issues to Management.
Assess all budget proposals and highlight variances to ensure alignment with the strategy map and balanced scorecards.
Conduct trend analysis and KPI bench-marking of all budget related activities.
Oversee and analyze budget and spend versus key performance indicators (KPIs) to implement and monitor budget based performance.
Track business performance and trends through the preparation of effective tracking tools/reports, dashboards, balance scorecard, budget and key performance indicator (KPI) variance report, part sales and closing/ageing stock, vehicle sales and stock positioning for individual departments, segments, locations on a monthly, quarterly and annual basis.
Track performance standards with regard to the services levels across the Group operations to highlight major areas of improvement.
Perform revenue and profit related analysis on a monthly basis for all business across the Group to prepare required reports.
Perform gap analysis and prepare report related to business unit/shared services department.
Prepare analysis reports related to major spending for Management’s review.
Attend meetings to ensure complete representation of Planning & Performance division.
Review business cases and other such requests requiring BPP approval/endorsement, analyze them thoroughly, coordinate with respective business unit management for clarification/amendment to facilitate complete and well-studied case presentation to the Chairman for approval.
Prepare annual budgets and financial plans for different business units.
Coordinate with line managers for smooth budget finalization and budgetary control.
Ensure the budgets are aligned with Group’s strategic objective, budget policies and procedures.
Upload budget information in the ERP systems to facilitate budget maintenance and reporting.
Monitor Opex/Capex purchases and new hires to ensure adherence to policies & authority matrix.
Analyze monthly results and derive insights and implications for controlling budget variances.
Support line manager to conduct financial analysis for new projects to achieve desired ROI.
Ensure a smooth month/year end closing process within the SLA time frame.
Prepare various schedules and reconciliations for error rectifications and control.
Follow up with different teams to initiate corrective measures for any pitfalls occurred.
Issue flash results and final results after comprehensive review and analysis.
Maintain dashboards in Qlikview to track financial performance of business units.
Update performance scorecards in Qlikview for management insight and decision making.
Respond to day-to-day queries from business units and help them to resolve issues.
Collect and consolidate data from various sources and compile relevant information for reports.
Prepare board meeting presentations, Group KPI reports and other Ad-hoc reports.
Support Balanced Scorecard maintenance in Corporater EPM Suite for strategy execution.
Maintaining asset records to ensure compliance with policies.
Coordinate with external/internal Auditors for timely completion of audits.
Analyze voluminous data stored in Oracle and present reliable reports to decision makers
Assist in creation of Annual Budgets, Forecasts, and Corporate Operating Statistics
Compile Actual, Budget and Previous Year variance reports to gather explanations on gaps
Make various reconciliations and schedules to ensure the accuracy of reports
Customize new MIS requirements from operations perspective
Generate periodic Performance Status Reports covering Key Performance Indicators (KPI)
Liaison with different departments over month/year end closing processes and schedules
Prepare ad-hoc reports using MS-Excel and ensure reports are duly communicated
Ensure information in Oracle ERP / Qlikview Dashboards / Custom Reports are accurate
Create sales invoices, receipt vouchers and property sales agreements
Pass AR, AP, GL and payroll entries to maintain distinct ledgers and files
Control petty cash expenses and maintain petty cash logs and ledger
Book all bank transactions and prepare monthly Bank Reconciliation Statement
Prepare monthly payroll including commissions, incentives and final settlements
Prepare project expenses disbursement reports, staff salary certificates, loan letters etc.
Process amortization entries and recurring entries for provisions
Maintain and reconcile individual customer and supplier accounts
Generate and review accounts receivable aging reports to facilitate credit control
Send and follow-up debtors outstanding balance statements and collection reminders
Make checks and payment vouchers on the basis of credit terms and policies
Compile operational data and create monthly/annual reports using PivotTables and charts
Liaison with bankers, customers, auditors and regulatory bodies
Facilitate a tight control on funds in various project’s bank accounts
Support for making projected cash flow reports, feasibility studies and MIS packs
Exposure Highlights:
Accomplished experience in modern office practices, procedures, terminologies and routines
Being groomed to make decisions in accordance with established policies
Carried expertise in modern book keeping and professional accounting practices
Developed skills to present information and respond queries
Earned competence to write reports and routine business correspondence
Familiarized with analyzing and interpreting various documents, procedures and regulations
Gained ability to plan and supervise the work and ability for multi-tasking
Improved talent to solve problems and deal with a variety of issues
General Management, Consumer Behavior, Business Communication, Organizational Behavior, Export Management , Corporate Law, Advertising Management, Marketing Management, Business Ethics, Human Resource Management, Financial Management, International Business
Business Statistics, Managerial Economics, Computer Applications for Business, Financial Accounting, Business and Corporate Laws, Business Management, Banking Theory and Practice, Human Resource Management, Marketing Management, Entrepreneurial Development and Project Management, Auditing, Management Accounting, Cost Accounting, Income Tax Law & Practice, Business Practice, Business Environment
A Grade