Faiz Ahmed MBA Finance, Projects Cost and Commercial Controller

Faiz Ahmed MBA Finance

Projects Cost and Commercial Controller

SAS Systems Engineering

Location
Saudi Arabia - Khobar
Education
Master's degree, Banking & Finance
Experience
20 years, 0 Months

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Work Experience

Total years of experience :20 years, 0 Months

Projects Cost and Commercial Controller at SAS Systems Engineering
  • Saudi Arabia - Khobar
  • My current job since December 2011

Business Unit - Western & Eastern Operating Area

Working a busy and high volume environment driving consistency and best practice across all the businesses. Responsible for improving the Fire Protection Department (main business unit) cash flow and reducing its arrears by keeping accurate records and ensuring payments are received on time. Prepare recommendations for an annual budget prior to each fiscal year and compare budget to actual performance. Provide status of financial condition by collecting, interpreting, and reporting financial data to Head of the Department. Monitors and confirms financial condition by conducting audits, providing information to external auditors. Maximizes return, and limits risk, on cash by minimizing bank balances. With respect to individual project, all its major procurement, logistics, invoicing & follow up, risk assessment, reporting and full flash controlling covering all possible aspect to keep it profitable.

Business Cost Controller at Gajraj PTY LTD Trading
  • Australia
  • May 2014 to December 2014

Implement and provide cost control services in line within company guidelines. Provide input to annual Budget preparation. Ensure all activities conducted are consistent with safety culture. Provide timely and accurate cost control information including detailed analysis of budget, commitments, expenditure, forecasting and change control cost information to relevant managers. Produce required reports & provide insights which highlight projected status and variances. Prepare monthly accruals for delivery to Finance. Review cost coding of commitments and expenditure to ensure correct cost allocation budgetary compliance and reporting. Reconcile on a monthly basis all project records with SAP.

Commercial Projects Manager at Siemens Ltd.
  • Saudi Arabia - Jeddah
  • December 2007 to November 2011

Functional management of commercial support teams including S.A.P based projects strategic cost planning, controlling, cash flow monitoring, budgeting, accounts receivables, accounts payables, GR-IR, AIMS, GREAT, PLATO, execution & reporting of various 380/110kV Substation turn-key construction Projects (total value SAR 1 Billion) mainly for Saudi Electricity Company in the Western and Southern region, EMAAR the Economic City & Royal Commission for Jubail & Yaubu. Active participation in organizing and optimizing the infrastructure and support processes including site procedures, support of commercial trainees. Reporting to the Division’s BAM, partially responsible for business development, complete responsible for projects planning, budgeting, controlling, compliance and reporting.

Commercial Manager at Nichimen/Sojitz Corporation
  • Saudi Arabia - Jeddah
  • June 2004 to November 2007

Appointed as a Commercial Manager in Japanese Company NICHIMEN CORP/SOJITZ CORP. (Saudi Arabia). This job was mainly included Commercial order processing for the Construction of Shoaiba Power Plant 380/110/13.8kV Shoaiba Substation Stage-2, Project of Saudi Electricity Company Western Region (SAR 360 Million) with active participation in customer and supplier negotiations (e.g. contract drafting, risk evaluation, calculation), most economic optimization of orders (e.g. through continuous controlling, asset management), execution of year end processes (controlling that results are booked in the correct periods, forming of provisions, etc.), application /deployment of system securing procedures, e.g. cost saving measures, effective control on cash flow and budget, handling of construction invoices with Clients and its follow up, accounts payable with 3rd party subcontractor/suppliers/services.

Education

Master's degree, Banking & Finance
  • at Preston University (School of Business and Commerce
  • July 2014

Completed Master in Business Administration with major in Banking & Finance from Preston University (School of Business & Commerce). Completed in Year January 1998

Diploma, MYOB
  • at Polytechnic West - Perth Australia
  • June 2014

Computer Certificate in Accounting Software from Polytechnic West

Diploma, Project / Program Administrator.
  • at VETASSESS - Australia
  • June 2013

Successful Skills Assessment issued by the Australian assessing body VETASSESS in the occupation of Project / Program Administrator.

Diploma, Accounts/Finance/Commercial/Reporting
  • at Siemens Ltd. E-Learning Campus
  • February 2008

Complete various online specialized certification in Accounts, Finance & Commercial courses from Siemens E-Learning Campus, providing employees/workers to update their education skills and knowledge on doing job.

Diploma, IELTS - English language certificate
  • at British Council
  • August 2005

International English Language Testing System.

Bachelor's degree, Commerce
  • at University of Karachi
  • June 1995

Completed Graduation with major in Commerce from University of Karachi, Pakistan

Diploma, one year Diploma in Computer Science
  • at PETROMAN Training Institute for Computer Sciences
  • January 1994

Completed one year Diploma in Computer Science from Petroman Training Institute Karachi, affiliated with Ministry of Petroleum Industries and Production, Govt. of Pakistan

High school or equivalent, Commerce
  • at Premier College
  • June 1993

Completed Higher Secondary Certificate with major in Commerce from Govt. Premier College Karachi, Pakistan.

Specialties & Skills

Cash Flow Management
Strategic Financial Planning
accounts payable receivable
MS Office

Languages

English
Expert
Arabic
Beginner
Urdu
Expert

Training and Certifications

Please see attached CV for training details. (Certificate)
Date Attended:
December 2007
Valid Until:
November 2011