FP&A Sr. Manager
Americana Foods
Total years of experience :17 years, 7 Months
A new challenge to improve the role of the FP&A department in Americana Foods (Snacks and ECC).
• Collaborate with the CFO to develop and execute financial planning and analysis strategy
• Oversee the budgeting and forecasting process, and ensure timely completion of budget deliverables and consolidations
• Develop and maintain financial models to support forecasting, scenario analysis and long-term strategic planning
• Monitor and analyze key financial metrics, providing meaningful insights to senior management and stakeholders
• Prepare and present comprehensive financial reports and analysis to key stakeholders
• Lead the development and implementation of financial planning and analysis tools, systems and processes
• Partner with business leaders to analyze financial performance, identify areas of improvement and develop action plans
• Conduct regular variance analysis against budget and forecast, identifying risks and opportunities
• Assist in the preparation of board presentations and financial updates for executive management and investors
A member of the Management team responsible for building the Financial Controlling department (Industrial and Commercial) to ensure the improvement of the financial results.
• Built and trained a team to control both industrial and commercial sides.
• Implemented a new budget process.
• Created monthly reporting and analysis systems.
• Worked on and improved the products mix.
• Worked on and improved the brands performance (Pricing and Expenses).
• Worked on and improved the regions mix.
• Improved the profitability of the company.
Responsible for controlling the three factories of the company.
• Worked closely with the department heads to ensure maximum profitability.
• Assessed all incoming products, resources and services to ensure the best price.
• Provided major assessment of all budgets and cost projections.
• Collaborated with department heads to strategize ways to minimize waste.
Full control on the P&L of the region (NEAR), besides being assigned to the role of WCOM Project Manager in my last year with the target of eliminating the losses in the commercial side of the company.
• Managed the regions budget process, and its monthly tracking and analysis VS actuals.
• Full control on trade, marketing and SG&A.
• Managed the distributors P&Ls.
• Responsible for the products mix analysis and improvement.
• Responsible for the brands profitability (Pricing and Expenses).
A point of contact for all the industrial departments (Production, Purchasing, Technical, Quality and SC) and work together for a better costing results, besides managing the Master Data team of SAP in Egypt.
• Draw up the industrial budget.
• Develop, maintain and analyze all product cost records to ensure accurate cost and absorption.
• Perform month end closing function.
• Analyze, manage and report actual results against targets - cost center spend, inventory; drive actions and initiatives to hit and exceed targets.
• Support annual business requirements including budget / strategic plan, physical inventory counts, physical asset counts and standard cost revisions.
• Manage the Master Data team.
Participated since the first step of using SAP in the company, after being the Data Migration Key User in my first year of joining Bel (Handled migrating the data from the old system to SAP during the one year project of SAP implementation).
• Monitor the costs on cost centers, prepares appropriate reports and analysis.
• Participate in the yearly budget process.
• Prepare cost estimates for any new product during the year.
• Contact person for all the departments in CCs/GLs allocations.
• Provide regular analysis on production results.
• Handling the Master Data tasks, from creating and updating BOMs, routings, work centers, … etc.
Additional Experiences as: