Financial Planning And Analysis Manager
RKH Qitarat
Total des années d'expérience :11 years, 11 Mois
Monitor financial information to identify opportunities for cost reduction and potential risks. Collaborate with operational management and the accounting head to shape the company's financial management framework related to profit and cost centers. Provide cash flow predictions based on anticipated inflows and outflows. Assist CFO in delivering presentations to senior executives, stakeholders, and board members. Recommend significant enhancements in accounting systems, including payroll and invoicing to optimize financial processes.
● Established a system to reduce data collection and calculation errors.
● Evaluated financial records and data to address and resolve key inconsistencies.
● Assessed significant deviations from projections to revise monthly estimations.
● Delivered reports to Chief Financial Officer related to financial plans and processes on a regular basis.
● Planned semi-annual predictions and yearly budgets by analyzing trends and external economic indicators.
● Fulfilled client and shareholder reporting requirements through financial management reporting mechanisms.
● Analysed bid financial assumptions and cost versus the strategic and actual plan to explain major deviations and variances
● Proposed cost reduction plan to meet the shareholders/organization's financial and operational targets.
Supervised financial project manager/controller of Riyadh KAFD Monorail plus Metro/Line 3, Jeddah new airport APM, and other Maintenance Service projects to ensure accurate financial management. Assisted Project Manager and Project Team in matters related to project control and financial management. Provided timely customer invoicing and actively engaged in securing prompt payments from clients. Oversaw all aspects of cash management while diligently tracking implementation measures within the project. Streamlined project bonds and implemented hedging strategies to mitigate exposure. Monitored both local and corporate annual audits by furnishing all requisite reports, substantiations, and analyses. Collaborated with the Project Manager to prepare Periodic Project Reviews in accordance with financial analyses and commentary. Managed calculation, documentation, and reporting of claims and variation orders through strategic planning/processing.
• Development of new forecasting model
• Preparing the monthly forecast of certain subcontractors
• Budgetary review and monthly reporting