Group Financial Planning & Analysis Manager
Nahdet Misr Publishing Group
Total years of experience :14 years, 2 Months
Accomplishments:
• Built financial planning & analysis unit from scratch and designed successful process for planning, analysis and budget control and implement financial planning and budget control modules in ERP - SAP.
• Evaluate & negotiate with startup entrepreneurs to join business incubation module under group umbrella against % from their equity
Responsibilities:
• Manage preparation of annual budget, forecast plans and monthly cash flow taking into account changes in tactical and strategic plans, operations, trends, etc.
• Leads organizational restructuring by creating new operational processes and functional frameworks to ensure accountability and clarity of outcomes across organization.
• Develop and execute monthly and quarterly reports and any ad-hoc reporting and analysis as needed.
• Provide decision support & feasibility studies for acquisitions, investments and CAPEX.
• Monitor & evaluate materials’ consumption, labor efficiency and overheads in order to drive cost savings project, analyze budget versus actual variance and changes in P&L & cash flow.
• Manage and develop senior financial analysts concerning report creation, quality, accuracy and timeliness.
Accomplishments:
• Directed & managed complex zero-based budgeting process resulting ~EGP 1.6 billion turned company's financial performance from losses to profit by revised products' pricing and cost elements in 2017 budget.
• Enhanced internal processes with international consultants from KPMG to develop standards for financial planning, analysis & budget control.
• Improved operational efficiency of budget controlling systems by 50% and decreased its time from 2 days to 1 day through mapping budget with actual accounts after uploading budget on ERP system.
Responsibilities:
• Chaired all planning teams among company's business units to prepare a comprehensive annual master budget and 5-year strategic plan to meet budget calendar's deadline.
• Organized Capital spending of ~EGP 0.8 billion, projects' approvals, financial control measure deviations and make sure company's performance is on track.
• Supervised a team of 3 financial analysts in budget preparation, daily controlling, dashboard, P&L analysis and ad-hoc reports as needed to the BOD and CFO, a trainer of 2 undergraduate students every year.
Accomplishments:
• Organized development and implementation of new financial reporting automation to shorten reports' preparation time by 60% to allow considered business decision making and support successful growth.
• Improved forecast accuracy more than 30% by creating a flexible budget module with cost drivers to challenge & validate requested budgets by business units to avert budgetary slack.
Responsibilities:
• Drafted comprehensive annual budgets, quarterly forecasts and detailed unit financial reports & co-operated with home & enterprise marketing teams in setting targets.
• Designed and built 20 reports based on data gathered from internal systems such as Oracle.
• Cooperated with accounting division during monthly, quarterly & yearly closings by analyzing GL accounts.
Accomplishments:
• Developed business case on pricing strategies & products’ cost resulting 30% increase in growth profit.
• Saved ~EGP 6 million by innovating budget controlling spreadsheet to simplify & increase accuracy.
Responsibilities:
• Created cost and benefit analysis for diverse marketing campaigns projects and assured profitability for promos and business cases.
• Examined complex financial information and reports to provide accurate and timely financial recommendations to management for decision-making purposes.
• Built financial analysis reports and presentations for following reports “actual vs. budget, KPIs - Key Performance Indicators Reports, Dashboard and BOD reports”.
• Budget controller “purchase requisitions, purchase order, internal memos & training requests”.
• Handle TE Data’s customers via phone such as billing issues and make new subscriptions.
• Determine customers’ concessions and handle complaints.
Online course
Credential Number 53365
• Bachelor of accounting - 2009 Suez Canal University Good