Head of Budget Control & Financial Planning
Americana - Meat Division
Total des années d'expérience :14 years, 8 Mois
• Preparing formal annual budget for the company.
• Preparing formal Long-term business plan.
• Coordinate and gather the budget data from each department head.
• Preparing the Headquarter monthly report that explains fluctuations (sales, COGS, Contribution margin, Gross Margin, selling & Admin Exp.) for each category on monthly basis.
• Allocating the industrial exp. (overhead exp.) based on each section (category).
• Applying “Cause of Change” report that explains the strategic changes vs. budget and vs. last year.
• Applying the sales variance analysis and cost variance analysis.
• Preparing P&L for each market and each category for actual results vs. budget result vs. last year results via Dashboard module.
• Preparing the extraordinary causes report that explains the infrequent and unusual causes.
• Preparing the monthly marketing reports based on items and activities that show (ATL & BTL) Activities.
• Preparing the Cap-ex tracking file that explains the actual Cap-ex Vs. Budgeted Cap-ex on calendar.
• Monitoring OCF (Operating Cash Flow), Changes in working capital & Capital expenditure.
• Reviewing the actual Op-ex vs. budgeted Op-ex vs. prior year Op-ex.
• Reporting to HO via Hyperion.
• Applying a feasibility study for any new projects.
Check WH SRVs in terms of UC and quantities against the company PO and the supplier invoice.
Posting suppliers and Creditors vouchers to AP
Managing the preparation of AP analysis
Review AP aging report to ensure the validity of unpaid invoices
Preparing the reconciliations of suppliers account
Preparing the payment to local and foreign suppliers by Bank Transfer, Telex Transfer (TT), LCs, and Checks
Adjusting the foreign currencies entries of the foreign payment.
Handling the landed cost of all raw materials.
Confirming the mutual account (current account) between the company and sister company (Kuwait Meat factory) Americana Meat Kuwait.
Handling all Assets-In-Process such as (Vehicles, Machines, Buildings, and Production Lines).
Monitor All "Goods-Transportation-Exp" and preparing all related required analysis.
Handling "Housing-Allowances-Exp" for all co employees.
Preparing month end required accruals
Participating in the closing and assigned tasks.
Forming the AP & GL required reports in coordination with IT department.
Keep the daily entries related to AR.
Consider cash, checks, discounts, allowances, price differences, and promotions.
Consider Loading request, Unloading orders, Returns and damaged goods regarding to warehouse.
Working on ORECAL (JD EDWARDS Enterprise One) ERP web based system.
Keeping all AR operations, and follow up customers' balances.
Reporting to Assistant Financial Manager.
Check sales representatives’ credits (commodities) and main warehouse once a month.
Handle Petty Cash Operations and accrual expenses for the certain period.
Handling the financial closing monthly procedures every month.
Supervise the credit sales invoices and ensuring that the customer has already received the goods.
Handle Bank Reconciliation for Jeddah sales branch's bank account.
Participate in applying “Hand Held Sales Application”-“BMB HHT Application”.
Coordinate with the IT department in applying the required report for the “Hand Held Sales Application”.
• Monitor the cash account in AR that related to detergent department
• Check the sales invoices
• Check the warehouse outflow permission
• Check the sales return and allowances permission
• Check the warehouse once a month
• Input the cheques, cash amounts and sales invoices into company system
• Control cheques, cash and AR Accounts on excel sheets
• Submit a daily grand total report to the AR Chief Accountant
I joined the management accounts team (financial analysis)"CD Finance Management" and my responsibilities are :
1. Evaluating the promotions through the web based system based on qualitative and quantitative measures.
2. Forecasting the spending of investments (Trade Term Structure) on monthly basis.
3. Creating the easily file that is semi automate the forecasting process through excel sheets.
Preparing CMA Certification by self study
My accumulated college grade is good and its amounted by 66.75%