Senior Financial Analyst
The Red Sea Development Company
مجموع سنوات الخبرة :14 years, 10 أشهر
These New Projects vary in size and positioning, most are still
in incubation status and confidential but some have recently been announced like the King
Salman Bay Development located north of Jeddah and the rejuvenation of the historical
harbor of Al Wajh.
Reporting in to the Executive Director of Feasibility, my duties mainly include the creation of
Dynamic Feasibility Models for the New Projects:
- Develop in Excel robust and dynamic Real Estate Financial Models for Projects of
various size. All models include scenarios and sensitivity analysis. The outputs of the
models are used to support and guide key management decisions.
- Working closely with Development team to develop, analyze and sensitize the Area
Program. My collaboration with Development team starts by analyzing the market
supply and demand to ensure that the assets in the program respond to the projected
target market requirement.
- Support Masterplanning decisions by providing Investment Returns for different Area
Program scenarios
- Collaborating with Commercial Team to ensure that the costs estimates are in line
with the assets vision and positioning
- Collaborating with the operation team to ensure that assets operating assumptions
are clearly reflected in the assets Pro-forma and in line with the vision and operating
strategy of the assets and the entire project. These assumptions include utilities,
shared services, mobility, number of employees and staff housing requirements.
- Collaborating with the Planning team to develop a sensitive project timeline by
running scenarios on different phasing strategies.
I am currently involved in the following Projects:
- King Salman Bay Development Project (Jeddah North)
- Al Wajh Historical Harbor Rejuvenation Project
- Development of one island of 4.5 KM2
south of Jeddah (confidential)
- Development of a mix use real estate project south of Yanbu (confidential)
- Development of floating structures in the Red Sea waters (confidential)
- Development of hospitality project near Um-Lujh
- Development of small islands scattered along the Red Sea Coast (confidential)
Amaala Project, Riyadh KSA
Working in Business Development Team under the Strategy Department and reporting
directly to the Executive Director. My role was to build the Area Program and the Pro-Forma
of all the Experiential Assets in Amaala Project.
- I developed a Dynamic Traffic Model in Excel to project the expected footfall to all
experiential assets in Amaala. The model was used as an input to the Assets
Proforma to estimate tickets revenue.
- Developed a Dynamic Retail Model to calculate the warranted retail space to allocate
into the Amaala Project. The model used as an input the traffic model (overnight
guests and daily trippers), calculated retail revenue based on spending and allocated
it to retail space based on average retailer expected revenue per sqm. The model
than calculated the capex and P&L of the retail assets and generated Investment
return Metrics including IRR
- Developed a Dynamic F&B model to estimate the number of F&B assets to develop
into the Amaala Project. The model was calculating the number of meals generated
by the population, subtracting meals consumed inside the hotels and calculating the
number of meals consumed into freestanding F&B outlets by difference. The model
than calculated the projected leasing revenue, assets capex and return metrics.
- Developed a Dynamic Staff Village Feasibility Model in Excel to calculate the Area
program breakdown of the Amaala Staff Village. The model was taking as input the
number of hotels and staff per key ratios, the number of employees of other
supporting and experiential assets to generate the staff population. The staff
population was than allocated into different housing solution based on grades and
positioning. The model was that calculating Capex estimates, proforma based on
projected rent and operating expenses, asset IRR and other Investment return
Metrics
- Develop Pro-Forma for different experiential assets, including, Museums, Golfs,
Equestrian Assets (including Polo), Sports facilities, Organic Farm, Marina, yacht
club and Arenas. The pro-formas were than used as in input into the Feasibility
Model of the all Amaala Project.
- Prepared presentations for the senior management and the Board of Directors for the
Area Program and feasibility of the various experiential assets (Assets Gateway
Reports).
Reporting and working closely to the Chief Financial Officer, I was hired to manage and
supervise the Company multimillion-euro Regional Shopping Malls and mix used projects in
Italy and other part of Europe:
* Cascina Merlata Shopping Mall in Milan, Italy;
* Sesto San Giovanni Shopping Mall in Milan, Italy
* Torino Palazzo Shopping Mall in Turin, Italy;
* Other projects in the pipelines throughout EU.
Reporting directly to Company’s CEO, I used to manage the overall daily office operations
including:
* Overseeing all administrative activities of the Company, ensuring that all work
processes and resources are maximized with efficiency;
* Responsible to ensure that credit risk is balanced with business objectives, targets
are met and that only valid claims with proper management authorization are paid
* Develops accounting organizational strategies by contributing accounting and
financial information, analysis, and recommendations to strategic thinking and
direction; establishing functional objectives in line with other Company’s Departments
objectives.
* Developing and maintaining accounting policies and procedures
* Provides financial projections by coordinating budget/forecast preparation; collecting,
analyzing, and consolidating financial information; advising departments on the
collection and analysis of data.
* Maintains sufficient funds by forecasting cash requirements and obligations.
* Ensures that company financial records, under responsibility, are maintained in
compliance with company policies
* Planning, organizing and coordinating the year-end close process with internal and
external auditors
* Preparing financial statements, including cash flow statements
CLASSIFICATION: INTERNAL & SENSITIVE
* Planning, budgeting and authorizing expenditures
* Managing daily office operations, negotiates contracts, manage vendor relationships;
* Developing and overseeing office standard operating procedures;
* Overseeing local and international procurement including international shipments,
directly managing relations with international parties;
* Leading the development and tracking of budgeting process for departments;
* Oversees all other administrative functions such as capital equipment planning and
management;
* Overseeing legal and public relations department: directly managing relations with
clients, suppliers and government.
* Create daily and weekly reports for managing, elaborating and disclosing Company’s
financial data directly to CEO
US Bank is the sixth-largest commercial bank in the United States and operates four main
lines of business that serves individuals, businesses of all sizes, municipalities and other
financial institutions.
I was responsible for:
* Collect, analyze, interpret, and summarize data in preparation of statistical and
analytical reports within timeline set for all relevant departments;
* Generating and delivering reports by obtaining, compiling, and analyzing data,
evaluating and summarizing results. Communicating recommendations to address
issues and concerns.
* Tracking trends from successive reports to determine whether the processes should
be revised and improved
* Serving on cross-functional project teams and collaborating with professionals to
achieve specific project goals.
* Analyzing data, reviewing statistics and reports, and collaborating with managers to
identify issues and opportunities for improvements
* Gathering and reviewing current information about government, industry, and
company developments pertaining to regulations, policies, processes, and
procedures
* Preparing and presenting summary reports of findings and recommendations to
facilitate improved decision-making and to seek appropriate approvals
* Developing, recommending, and implementing technologies, processes, and
procedures to obtain required data/records and to produce necessary reports in a
reliable manner
* Creating and maintaining databases, files, and records in compliance with company
policies
* Educating the managers on reports and how to utilize them.
From 2002 to 2006:
Accountant at Cerealazio, Viterbo Italy
Cerealazio is a very active and ambitious company specialized in trade and storage of
cereals with headquarters in Piansano (Italy).
I was responsible for:
* Documenting financial transactions
* Preparing balance sheet, profit and loss statement, and other reports.
* Calculating weekly sales reports;
* Guiding accounting clerical staff by coordinating activities
CLASSIFICATION: INTERNAL & SENSITIVE
* Reconciling financial discrepancies
* conducting monthly inventory of products;
* Supervising budget details to properly procure and purchase each and every
merchandising
* material from the right resources.
* Bookkeeping;
* Payroll;
* credit and collections.
courses: marketing, mathematic, statistics, SAS principles, market research, multivariate analysis, probability, econometrics, inference.
accounting, economics, finance, business law, principles of marketing, principles of management, business problem solving.