Cost Control
Ma’aden Infrastructure Company
Total des années d'expérience :5 years, 4 Mois
▪ Prepared the financial performance report for 2022 for the board meeting.
▪ Review and prepare monthly accruals and submissions to the general ledger team.
▪ Managing Capital and Operational budgets, and coordinating with fixed assets team, project accounting, accounts payable, and receivable and
general ledger team.
▪ Prepared forecasted budget for 2024 into Hyperion system with facilities management cost controller.
▪ Controlling financial activities, creating purchase requests and AFE for services as per contractual value and budget.
▪ Reviewing and analyzing monthly budget variances and trends through the Hyperion system.
▪ Prepare and present quarterly & YTD cash cost analysis, financial performance including account receivable aging analysis, and income statement analysis.
▪ Contributed to the cost saving for the operational budget by 17% till Q4 of 2023.
▪ Compiled statistical data after each month-end closing.
▪ Reviewing documents and data to give accurate presentations and forecasts to upper management.
▪ Evaluated subcontractor bids to obtain the best value for projects.
▪ Reviewing and approving invoices and payments, verifying the accuracy of expenses.
• Effectively communicating with Project Managers, regarding contract documents, change orders, and other contract modifications, approvals, and any additional services related to billing.
• Preparing final invoice package for approval.
• Researching any unbilled issues to optimize the billing possibilities for the billing period.
• Maintaining the billing folders for all projects, with all the appropriate documents, including expenses, and monthly invoices, following standard procedures.
• Providing the accounts payables team member with advice on client billing, relative to consultant invoicing and reimbursable expenses.
• Working with the cash receipts.
• Generating monthly receivables reports and monthly profitability reports.
• Reviewing weekly timesheets, along with the accounting group.
• Analyzing the P & L accounts monthly.
• Preparing non-chargeable account reconcilements.
• Reviewing daily reports from the Procurement.
• Reviewing daily reports from the Store Keeper.
• Following up with Procurement team for their activity daily.
• Weekly reporting for Procurement tracking sheet to IFM Accountant.
• Updating Report on Monthly Basis for Supplier Statement SOA.
• Preparing unbilled Revenue Summary report monthly.
▪ Assume the responsibility of receiving and sorting incoming payments
with attention to credibility.
▪ Manage the status of accounts and balances and identify
inconsistencies.
▪ Issue and post bills, receipts, and invoices.
▪ Check the validity of debit accounts.
▪ Update the accounts receivable database with new accounts or missed
payments.
▪ Ensure all clients remain informed on their outstanding debts and
deadlines.
▪ Provide solutions to any relative problems of clients.
▪ Write thorough reports on billing activity with clear and reliable data
▪ Created and maintained databases to track and record customer data.
▪ Coordinated and scheduled meetings and conference calls to optimize
the scheduling of management.
▪ Supported management by processing invoices and documents with
consistent on-time delivery.
▪ Matched purchase orders with invoices and recorded necessary
information