Financial Analyst
Emirates Flight Catering LLC
Total years of experience :5 years, 5 Months
Liaise with Business and Commercial Development and other departments to prepare financial model and feasibility study to determine the financial viability and profitability of a prospective business venture. My main tasks are as follows
Conducting different feasibility studies, financial model and business plan to achieve CEO’s initiative of business diversification by year 2025.
Coordinate with business commercial team to conduct feasibility studies for new business opportunities such as EXPO 2020, production of food products and raw materials for airline food production’s consumption.
Analyze business operations and their financial impact in the overall flight catering business and introduce yellow belt projects to achieve cost efficiency and optimize revenue.
Conduct financial analysis on the quarterly and annual financial statements and provide comments for the improvement of financial reporting package to meet expectations of our management and stakeholder.
Provide analytical insights and business appraisals to support existing business strategy and diversification of EKFC to ensure sustainable profitability and a world class company.
Completed and On-going projects
Aquaculture Fish Farming
Open Sea Cage Fish Farming
Culinary School and Training Center
Production of Kosher Certified Meals
Cost Benefit Analysis of using Electric Cars
Make or Buy Study of Gluten Free Products
Establishment of Microbiological Laboratory
Production of Alternative Proteins
Sous Vide Products
Initiating and supporting Strategic Planning for 5 Years Business Plan with coordination of higher
management.
• Initiating and Conducting Yearly and Quarterly Budgeting and Forecasting Process across all
departments.
• Responsible for uploading the business plan in Hyperion (Oracle) Planning Module.
• Establishing and Preparing Key Performance Indicators (KPIs) for various departments and
reporting on monthly basis for performance evaluation.
• Providing AD HOC reports on all the business aspects financial as well as non-financial
information.
• Providing and Supporting Group Head office and Government Offices for their information
requirements.
• Preparing and Analyzing Financial Performance and Position of all the Units on Monthly basis and
communicating the finding to HODs & CEO for review.
• Conducting monthly variance analysis on Actual Vs Budget VS Forecast and reporting the findings
to the management.
• Preparing Weekly and Monthly Sales report with variance Analysis for management Use.
• Responsible for setting up monthly prices for each Unit with coordination of Sales Department.
• Calculating Special Prices for specific Contract Based Business
• Responsible for approving the FOCs (Free of Charge) goods ensuring proper procedure have
been followed along with cost analysis.
• Supervising month end closing, conducting ad-hoc variance analysis before closing and sample
based GL audit for ensuring variances conforms to the actual events and proper posting of Sales
order, Purchase Invoices and Journals have been done.
• Supporting External and Internal Audits with requested reports and assistance.
Conducting firm’s strategic planning process to refine the firm’s mission, vision and values and assess its current state at least once per year;
Finalizing objectives for JLB and associates and ensuring that they are met each year;
Establishing a financial plan for JLB and associates and ensuring that it is met each year;
Acting as the primary partner interface, holding employees responsible for their specific goals, responsibilities and behavior;
Working with the group to review and commit to the services that will serve as the firm’s core and specialty services;
Approving all new position descriptions, new hires, promotions and any disciplinary action.
Reviewing and approving all manager and employees annual performance reviews.
Reviewing and approving career roadmaps and compensation plans for all staffs
Participating in the recruiting process for manager and above candidates.
Managing strategic client relations and client contracts;
Developing alliances with 3rd parties, including other CPAs, as warranted;
Handling escalated client concerns as warranted;
Ensuring the firm is protected against risk including managing the firm’s insurance and legal interface.