Tahir Mansoor Ali, Budgeting Manager

Tahir Mansoor Ali

Budgeting Manager

Petromin Corporation

Location
Saudi Arabia
Education
Master's degree,
Experience
11 years, 3 months

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Work Experience

Total years of experience :11 years, 3 months

Budgeting Manager at Petromin Corporation
  • Saudi Arabia
  • My current job since June 2016

 Proficiently preparing, reviewing and consolidating monthly financial results and annual detailed budget of all Petromin
branches and subsidiaries including

Financial Controller at Petromin Express (PE) & Fuel Retailing (Petromin Corporation)
  • Saudi Arabia
  • June 2012 to May 2012

 Expertly supervised Finance department for Petromin Express, Petromin Fuel and PRIMO and maintained compliance with
company’s’ financial and accounting policies and procedures. Adeptly managed and supervised cash flows and bank
reconciliations for Petromin Express, Fuel and Primo. Also, monitored and reviewed detailed annual budget for them
 Astutely managed timely release of P&L by each unit and provided critical analysis to Management to give in-depth insights
into trends and KPIs. Participated in monthly performance review meeting with Senior Management and business heads.
Supported management in case study analysis related to existing business and new projects feasibility prospects
 Prolifically monitored and controlled expenses, fixed assets records, payments, leased outlets contracts, and their timely
payments. Continuously reviewed processes, identified risk areas and taken necessary actions to minimize its effects
 Competently supported business GM with strategic analyses and highlighted operational risk areas; suggested and agreed
on action plan to eliminate/minimize risks. Provided comprehensive assistance to external auditors in annual audit
Major Achievements:
 Successfully re-engineered existing processes and achieved a milestone of releasing summarized monthly performance
(P&L) report by 3rd working day to Management and station level P&L by 7th working day along with business details
 Efficiently implemented ERP system Microsoft NAV LS as Finance lead for convenience store business. All modules
including GL, AR, AP FA and inventory for convenience stores - PRIMO
 Rigorously implemented SAGE systems as Finance lead for Petromin Express Business
 Successfully automized day to day cash reconciliation process for 800+ Petromin Express outlets and improved
operations of day to day activity and ensured smooth working procedures
 Successfully automized expense claim process for Petromin Express 800 + outlets, reducing processing time with
enhanced visibility at transaction level with controls and reduced related risks
 Efficiently automized fixed assets tracking, payment monitoring system and lessen its related risks. Developed and
successfully implemented control KPIs for PRIMO and Fuel businesses
 Ranked several times outstanding performer

Staff Accountant at Petromin Corporation
  • Saudi Arabia
  • December 2005 to May 2009
Financial Analyst at Petromin Corporation
  • Saudi Arabia
  • June 2009 to May 2009

Education

Master's degree,
  • at  Hamdard University
  • January 2005

courses:  Chartered Institute of Management Accountant (CIMA), United Kingdom (In Progress) Contact ID # 1-2WGE1R1– Strategic Level  Institute of Certified Public Accountants (ICPAP), Pakistan (2017) CPA– Membership (1886)  Institute of Management Accountant (IMA), USA (2012) CMA– Membership (1119293)

Bachelor's degree,
  • at  Hamdard University
  • January 2004

Specialties & Skills

Management
Costing
Finance
Materials
BUDGETING
EXECUTIVE MANAGEMENT
PROCESS ENGINEERING
STRATEGIC
DATA MIGRATION
FINANCIAL
HUMAN RESOURCES
INTELIGENCIA DE NEGOCIOS
INVESTMENT ANALYSIS