Supply Chain Finance Manager
KELLOGG’s Egypt
Total years of experience :24 years, 3 Months
• Managed supply chain finance function across manufacturing sites, including indirect management of supply chain finance resources.
• Developed and executed cost optimization strategies in manufacturing and supply chain, resulting a$500k in annual cost savings.
• Engaging with MENAT on COGs priorities to deliver the bottom-line results.
• Value creation assessment - DCF (IRR & NPV analysis), and options analysis on various supply chain projects.
• Engaging with K.W.S (Kelloggs Working System) in rolling of Plants Performance.
• Led annual business planning process & costing sign-off.
• Monthly costing update & control incl. Materials, Direct Costs & Indirect Costs.
• Supply Chain Long range planning process.
• Logistics Finance - analysis and logistics cost control.
• Capital planning, prioritization & forecasting - control capital investment plans, & assets transfers.
• Managed Supply Chain Capital performance & control.
• Inventory control & management.
• Managed Standard Cost & Changes.
• Provide financial reports and interpret financial information monthly and quarterly basis to regional managers of $30 MM operating activities.
• Conducted comprehensive financial analysis of cost, pricing, and sales data, identifying opportunities to improve variable contributions and align performance with business plans, resulting in a 15% increase in average sale value.
• Responsible for day-to-day finance and accounts operations.
• Perform full set of accounts and ensure timely closing of accounts.
• Provide Capital Appropriate Request (CAR) using DCF Model, cost tracking, monitoring and controls.
• Responsible for timely monthly consolidated financial statements, payments, cash-flow management reporting for regional managers & CFO.
• Perform cash flow forecasting, budgeting and working closely with the operations and project teams in analyzing margins, variances and cost analysis using the Three Statement & Budget Models.
• Develop and maintain internal control and effective accounting system and policies for the set up.
• Support CFO in ensuring that intercompany cost allocations are in line with management agreements and transfer pricing policy.
• Lead Supply Chain Finance Team and provide cost analysis for all operations.
• Successfully implemented SAP ERP System by following the workflow documentation, communicating with the business, engaging the IT support team.
• Streamlined the budgeting processes and tracked operations and profitability by creating interactive presentations.
• Preparing financial statements, Balance Sheet, P&L.
• Responsible for collecting and analyzing financial data to prepare budget reports.
• Completing monthly closing procedures.
• Analyzing revenues to see whether they are correctly reported.
• Preparing monthly accounts reconciliations.
• General ledger, journal entries and observe short-term investments.
• Responsible for preparing the cash position of the organization on a daily, weekly and monthly basis.
• Creating and reviewing the controls needed for data accumulation and reporting systems.
• Monitoring the accuracy of financial records, identified irregularities and solved discrepancies.
• Implementing and monitoring internal controls to ensure compliance with all applicable regulations.
• Analyzed variances and other financial analyses as required.
• Conducted financial audits for a diverse portfolio of clients, ensuring compliance with regulatory requirements and accounting standards.
• Performed detailed testing of internal controls and identified areas of risk, providing recommendations.
• Assisted in the preparation of audit reports, summarizing findings and making suggestions for corrective actions.
• Responsible for paying bills from vendors, suppliers, and other outside sources.
• Completed monthly closing procedures.
• Responsible for closing the branch or branches books at the end of each month.