Manager Financial Planning & Analysis
Sama Al Rolla Medical Centre
Total years of experience :16 years, 2 Months
• Lead all Financial planning, Analysis & Budgeting activities, including annual budget & long-term strategic forecast
• Overall Accounting & Finance Function of the Medical Centre
• Handled all cash flow and liaising with bank
• Created complex financial models for forecasting & tracking actual performance & KPI’s
• Increased operational efficiency and reallocated resources conducting scenario-analysis and understanding the market effect on projections & forecasts
• Prepared and ensured timely submission of MIS on monthly basis to the relevant stakeholders
• Led all Financial planning activities.
• Conducted a feasibility study & due diligence of the location, a statistical analysis of the revenue generating prospects and current competitors in the market.
• Budgeted the costs of renovation of the clinic site, including all materials and supplies in coordination with the contractor.
• Additionally, Negotiated with the vendors and suppliers of medical equipment’s and disposables on prices.
• Presenting annual budgets and forecasts to management and other stakeholder’s
• Financial Analysis, Trend and seasonal revenue variance analysis
• Led a team of 2 Junior accountants
• Handled external audit of 3 different newly acquired entities and liaised with the external auditors to complete it efficiently
• Handled all bank account reconciliations
• Approved all daily closing activities, including daily cash reconciliation and deposits.
• Handling of all external supplier and accounts payable, vendor relations, negotiating credit terms and solving any discrepancies
• Set up financial reporting procedures and standardized report formats in compliance with IFRS to improve forecast precision.
• Lead the development of annual budgets and forecasts including CAPEX & Cash Flows to management and other stakeholder’s
• Led a team of 3 junior analysts
• Review financial statements and analyzed line items for all relevant entities.
• Conducted quantitative analysis of financial data, Cost benefit Analysis and developed detailed models to identify trends and develop forecasts
• Prepared and ensured timely submission of Group MIS on monthly basis
• Conducted variance analysis, Actual vs Budget, investigated and provided relevant commentary for variances
• Performed Ad-hoc analysis and reporting
• Coordinated in all aspects of monthly closings and financial reporting.
• Preparation of periodic reports for top management on the financial position of entities.
• Worked on financial budgeting, capital expenditure & cash flows
• Verifying and posting transactions to journals and ledgers.
• Assist Senior Accountant in Financial consolidation of different account for all relevant business acquisitions.
• Performed detailed performance analysis of product lines, specifically relating to the pharmacy.
• Manage detailed ageing of all accounts receivable and conduct regular follow up with the concerned parties
• Evaluate reconciliation processes continuously to identify and implement continuous process improvement initiatives to stream-line existing processes
• Financial Analysis, Trend and seasonal revenue variance analysis
Requirements Gathering
Responsible for creation of the Business Requirements Document.
Responsible for translating business and user requirements into functional specifications.
Developed use-cases for the system by identifying the actors, system activities and their relationships among them using UML standards.
Used MS-Visio for model diagrams, MS-Word for documentation and Unified Modeling Language (UML) for visual modeling.
Create Cost Benefit Analysis using Excel
Data Mapping
Worked closely project manager, stakeholders, and developers along the process of application development
Acting as a liaison between the business and the development teams
Conducting presentations to update management and project stake holders.
Was also involved actively with QA team for quality assurance testing.
Was responsible for UAT and user training post implementation.