Group Financial & Planning Manager
SB Group International
Total years of experience :4 years, 5 Months
SB Group Intl. headquartered in Netherland and operating in GCC, consist of vertically integrated business portfolios with Distribution of Emergency Lighting System, Building Automation Solution (The Brown Field Revaluation) and providing BMS and Life Safety System maintenance & engineering services for premises including but not limited to Hotel, Malls, Stations, Hospitals, Schools etc. I'm accountable for the integrity and execution of the accounting, finance operations-corporate wide planning, budget setting, reporting & control, which include the production of periodic financial reports, analysis, project financing & appraisal, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, cost management, enhance the accuracy of the company's reported key financial results and matrix, ensure that reported results comply with generally accepted accounting principles, international financial reporting standards. Significant Contributions:
• Stellar role in analyzing financial data and development of financial models and cost projections.
• Developing reports and updates based on data analysis and budget & forecast creation.
• Conducting cost analysis, benchmarking, and risk assessments, involved in development, implementation & review of financial strategy.
• Ensuring adherence with industry news, trends and opportunities and updates over industry standards for price & cost benchmarking required for various bidding and project submittals.
• Providing decision support to senior management over key business acquisitions, merger, alliances and partnership with strategic partners, distributors, system integrators, consultants and sub-contractors within Europe, Canada and GCC.
• Managing the onboarding process and establishment process of the new subsidiaries, JVs and SPVs as part of go-global plan.
• Preforming business process gap review to formulate the transformation strategy, to equip the business with right tools and technology required for steady and sustainable growth.
• Leading the array of functions as: ¨ Circulating weekly and monthly sales, margin and expense reporting to senior management (BU and Group Level) ¨ Evaluation of monthly reporting distributed by other cross-function team members related to project sales, gross margins departmental break-downs, regional breakdown, payroll expenses, sales G&A spend, and other significant P&L expense lines following the analysis vertical of budget vs forecast vs actual. ¨ Ensuring the business & financial risk compliance of NDAs, OEM, Distribution and Partnership agreements. ¨ Compiling financial reporting pack for Monthly Business Review (MBR) meeting, for financial reporting to JVs within EMEA regions. ¨ Spearheading the treasury, company secretarial tasks for GCC and EU entities. ¨ Leading the treasury, managing investors and financers relationship along with managing and onboarding the credit lines.
• Prepare business case and financial feasibilities for merger & acquisitions and fund raising with different venture capitalist and investing institutions.
• Ensuring governance and compliance in place, while actively reviewing & validating key business contracts & agreements for commercial and business risk.
Joined one of the business tycoons in the region having diversified business portfolio under real estate, textile and chemicals. Provided stewardship to team of 8-10 involved in AP/AR, payroll, cash, fixed assets and inventory management.
Started at Outsourcing with an ambition to excel, and there I've learned a lot by interacting with the Irish and British clients for annual management accounts preparation, financial reporting analysis and return filling as per UK GAAP, FRSSE and HMRC regulations.
• Independently finalized the 50+ year ended accounts assignments for multi nature clients, in the span of 3 months.
• Completed analysis of 20+ financial reports, advised on cost cutting procedures and internal control fabrication.