Senior Financial Analyst
Injazat Data Systems
مجموع سنوات الخبرة :25 years, 7 أشهر
Senior Finance /Business Analyst (Mega Account) Abu Dhabi, U.A.E
Part of Account Management team client facing role reporting to CFO, COO and CEO managing Long term contract financial and commercial.
• Reporting account financial to Executive management, creating summary dashboard shared with client Monthly reporting on Actual vs. Budget, variance analysis and forecasting.
• Recognizes and solves complex business problems through financial analyses, such as lease-versus-purchase, capital appropriations or discounted cash flow.
• Provides financial expertise for business decisions by analyzing rates of return, depreciation, capital appropriations requirements, investment opportunities, investment performance, due diligence, and governmental requirements.
• Responsible for developing, interpreting, and implementing financial concepts for financial planning and control. Performs technical analysis to determine present and future financial performance.
• Identifying, quantifying, and mitigating risks of customer contracts in the development phase and help management understand the long-term impact associated with new business
• Leads preparation of Financial Analysis for business proposals, determining methods and time lines.
Part of the Executive management team Reporting to Group CFO, managing finance, Procurement & logistic function ensuring accurate and timely financial reporting of transactions and effective implementation of financial and accounting systems at the company with respect of the international standards.
• Providing leadership and responsibility for the financial reporting, ensuring integrity of all financial information.
• Treasury, cash flow management, working capital, bank facilities, project financing & cost of capital analysis
• Preparing long term Business Plan, periodic financial analysis, monthly, quarterly and annual consolidated financial statements, budgets, forecasts
• Develop and analyze KPI of line of business/product performance, monitoring variance from Target and recovery plans.
• Ensuring that the organisation is and remains compliant with all legislative financial requirements, regulatory accounting standards and financial best practice
• Develop and maintain sound internal control procedures, and implement an efficient and timely financial reporting system.
• Responsible for the risk management, including negotiations and timely renewal of policies, agreements and contracts.
• Corporate & Strategy Planning (medium term and long term plans) company growth and market opportunities and direction.
• Manage Supply Chain, Establish and build successful partnership with key suppliers, improve credit terms.
• Manage logistic function, inventory control and distribution channels
2008 -Present
Delivery Finance Lead
* Managing a Team of Four Finance Business Partners/Financial Analysts supporting all lines of Business (LOB) and Accounts reporting to CFO.
* produce Monthly Finance Pack and Quarterly Board Pack of Clients/Capabilities performance for Management & Board Members with analysis on current financial position
* Analysis of Variance vs. Budget and Forecast with justification and identification of Key deliverables.
* Driving Budgeting/Forecasting process across business units, producing Monthly Outlook Pack of Clients/Capabilities for Management & Board Members with analysis on future financial position
* Lead & supervise Injazat Budgeting process
* Develop the organization key performance indicators (KPIs) both financial and operational
* Provide objective advice based on a fundamental understanding of business model
* Gather, Analyze, prepare, and summarize recommendations for financial plans, trended future requirements, and operating forecasts.
2007 - Present
New Business Analyst
* Leads preparation of Financial Analysis for business proposals, determining methods and time lines.
* Identifying, quantifying, and mitigating risks of customer contracts in the development phase and help management understand the long-term impact associated with new business.
* Assisting with the customer negotiations and internal approval process.
* Provide comprehensive financial expertise for business decisions by analyzing rates of return, discounted cash flow, depreciation, capital appropriations requirements, investment opportunities, Investment performance, Due Diligence, and governmental requirements.
* Provide comprehensive financial expertise for business decisions by analyzing rates of return, discounted cash flow, depreciation, capital appropriations requirements, investment opportunities, Investment performance, Due Diligence, and governmental requirements.
Managed the accounting operation of the company producing AED.22Million in Gross sales revenue having staff strength of over25.The main focus of responsibility was to provide leadership and direction as Head of the Department in the management of financial and administrative functions of the Company. Directly supervised a team of 4. Reported to the General Manager . Responsible for management of company, Finances, Accounts, Audits, Systems & Procedures, Internal Controls, MIS, P& L performance, Banking, Cash Flow Management, Working Capital, Inventory Control/ Warehouse Management, Information Technology & Insurance functions.
Planned, developed and implemented Accounting/ Financial Policies & Procedures including MIS & Management Reporting.
Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting Standards.
Analyzed financial accounts to provide detailed reports of fiscal health of the Group to the Senior Management. Analyzed Group financial records to forecast future financial position and budget requirements.
Accountable for the development and management of Group’s annual estimates and budget including variance analysis.
Negotiate bank financing and maintained Bank confidence. Ensure all trade finance related issues such as L/Cs., bank Guarantees Foreign Currency booking and remittance are taken care of.
Oversee trade receivables / payables prepare credit limits and monitor over limits. Re-engineered the credit and collection process increasing collection productivity.
Played key role in the systems analysis, business process mapping for the computerization of the Accounting activities.
Spearheaded the successful setting up and administering of LAN/WAN System for the company.
Liaised with the Auditors for the Annual Audits.
Contributed significantly in Project Sales by developing and maintaining professional relationship with Consultants/Quantity Surveyors/Construction Companies
Managed accounting operation of the company producing AED. 7 Million in Gross sales revenue having staff strength of 12. Directly supervised a team of 1 . Reported to the Managing Director.
Responsible for finalization of annual accounts and reporting as per company reporting rules & International Accounting Standards.
Performed maintenance of detailed reports / schedules / statement as per international accounting system in order to provide senior management on time reliable operational and financial reports.
Accountable for the development and management of annual estimates and budgets.
Performed regular profitability analysis and suggested ways for improving profitability.
Liaised with the Auditors for the Annual Audits. Introduced effective MIS for periodical reports submission which substantially reduced operational cost.
Prepared monthly/quarterly expense analysis spreadsheets to inform management of opportunities to decrease expenses.
Analyzed company financial records to forecast future financial position and budget requirements.
Ensure that the financial records are maintained in compliance, and recommended changes in procedure when appropriate.