Budget Manager
Golden Arrow Co.ltd – Al Mamoun Group Sudan
مجموع سنوات الخبرة :7 years, 9 أشهر
In charge of preparing the annual operating Budget for Al Mamoun Group (Golden Arrow Co.Ltd) for both the
CAPEX / OPEX/ Manpower) - in direct coordination with the different department managers in implementing
annual efficient Zero Based Operating Budgets - through the efficient management and a great support of a team
of 3 Budget Analysts in my section.
Preparation of periodic Budget execution reports, broken down by Cost Centers and account codes with detailed
justifications of favorable/adverse variances providing insight to managers of their periodic performance.
Preparation and management of Cash Flows Forecasting and calculation of required Working Capital for the
Vehicle Sales, Spare Parts and Maintenance Divisions respectfully - including the provision of foreign currency to
proper manage currency inflation, in order to maintain purchasing power and counter devaluation.
Providing accurate Vertical and Horizontal Financial Statement Analysis, to shed a light on periodic performance
to managers
Budgeting Duties:
2
Preparing the annual operating Budget for the Federal Tax Authority (CAPEX / OPEX/ Manpower) since
inception in 2018, - working closely together with Dept directors in implementing annual efficient Zero Based
Operating Budgets,
Monthly Budget Execution reports - Containing detailed breakdown and (Horizontal & Vertical) analysis for
CAPEX/OPEX/Manpower chapters against budget, with detailed justifications for favorable/adverse
variances.
In charge of organizing and investing our cash flows from VAT/Excise in short term fixed deposits as per the
authority policy (AAA, AA - Credit rated Banks only) as the interest earned is used to cover up our Operating
Budget for the next fiscal year - and also to ensure that the Fixed Deposits “Principle Amounts” are available
and ready for distribution back to the government. (3 Times a year)
Assisting in the preparation of the VAT & Excise Revenue forecast in conjunction with our Returns
department - Expected Cash (inflows) & the Refunds (outflows) - in order to set a monthly provision for the
Refunds - & invest the rest.
Preparation of various Ad-Hoc reports requested by Finance Management/Board of Directors/Ministry of
Finance/Official Governmental agencies.
Financial Accounting Duties:
Was in charge of Accounts Payable & Payroll Modules review and month End Closing and reporting. With the
great assistance of 2 graduates in my team that handled invoicing / matching / record keeping/ preparation
and processing electronic payments.
Maintenance of the Fixed Asset register and depreciation calculation/expense booking.
Others:
Was a member of the Procurement committee - in charge of the Financial evaluation of submitted Tenders
-Provide Monthly Manufacturing Overheads reports, commenting on Variances, wokring with the business to come up with solutions and action plans & providing this information to the various Value Streams.
-Monthly Analysis ( Development & Monitering) of KPI's to give the business an insight into the variances and provides them a basis of knowledge, understanding and actions that can improve the efficiency of Production Processes.
-Prepare Qaurterly Rolling Forecasts and Yearly Manufacturing Budgets together with Production Managers.
-Preparation of various Ad-Hoc reports requested by Finance Managment, Production Managers & DAL Food CFO.
-Production Overheads Standard Cost setting for ABC Costing implementation/control- Variance Analysis of Standard absorption rates against Actual rates followed by over/under absorption justification
Quarterly Rotations throughout Financial Accounting Dept;
1-AR
2-AP
3-Treasury
4-Cash Managment
5-Basic Management Accounting & Reporting
( using SAGE Erp system )
-Was in charge of the Containers’ Landed Cost, which included preparation of costing reports/presentation to the managing director.
- VAT and TAX docs collection and filling
- In charge of the Premier Dairy Farm ledger of expenses, including petty cash and purchases in EBIZ system.
-Assisted in Product Costing
-Assisted in EBIZ new accounts mapping
-Assisted in the preparation of the new fuel requisition system, together with the linking to ‘’Kerradge system ’’ in accounts.
-Responsible of the “fuel ledger” in kerradge, and preparation of monthly reports.
-Graduated with a GPA of 3.2 -Best graduation project of class ’09, “Introducing Innovation to Increase Effectiveness & Efficiency of Service Dept” Case study – Golden Arrow Co Ltd, TOYOTA Sudan
