Essam Bakhudayd

Preparing, monitoring, and analyzing financial reports for capital projects, including costs, commitments, and forecasts, to ensure effective financial control and transparency.
Reviewing and approving project invoices through SAP-FICA, ensuring accuracy and timely processing in compliance with Aramco’s financial and administrative procedures.
Preparing and presenting monthly project reports such as PPU, MPU, and BISR, providing clear insights to stakeholders.
Utilizing Oracle Primavera Unifier to update cost-related dashboard fields, enabling senior management to make informed decisions.
Supporting the preparation of annual budgets and developing cost estimates for new projects, ensuring budget alignment with financial goals.
Conducting variance analysis between actual and planned costs, identifying gaps, and implementing corrective actions as needed.
Collaborated with procurement and project teams to negotiate cost-effective contracts, optimize resource allocation, and ensure budget integrity.
Managed financial planning by providing accurate cost forecasting, overseeing change orders, and ensuring compliance with internal and external audits.
Led cost control activities, including documentation, reporting, and stakeholder communication, to maintain financial transparency and informed decision-making.
Oversaw project close-out processes, including final cost reconciliation, lessons learned, and mentoring junior cost engineers to enhance team capabilities

Ensuring strict compliance with accounting standards and financial regulations by accurately preparing and maintaining financial records and reports.
Analyzing financial risks and implementing proactive strategies to mitigate potential challenges and enhance financial stability.
Optimizing returns and minimizing risks through strategic financial planning and efficient investment management.
Overseeing the preparation of general ledger accounts and supervising treasury department staff and trainees to ensure accuracy and operational efficiency.
Ensuring the accurate and timely processing of financial transactions by managing accounts receivable and revenue accounts.
Conducting in-depth financial analyses to support strategic decision-making, enhancing the accuracy of financial planning and forecasting expenses and revenues.
Implementing effective strategies to improve cash flow and ensure the availability of liquidity to meet operational and investment needs.
Updating and improving internal accounting procedures to ensure compliance with financial standards and increase operational efficiency in financial data processing.
Strengthening relationships with financial institutions and negotiating better terms for banking services to reduce costs and maximize investment returns.
Performing bank reconciliations, preparing periodic financial reports to compare actual costs against budgeted costs, and collaborating with management to achieve financial planning objectives.