Financial Analyst - Financial Planning & Analysis
Arla Foods
مجموع سنوات الخبرة :12 years, 8 أشهر
Performing Month end activities, Accrual Checks, Analysis of COGS, Sales Contributions, & make sure no big variations in Financial Actual Vs FCT variance analysis.
Constructed a Comprehensive Quarterly Rolling forecasting model using IBM Planning Analytics (Cognos) and reduced forecast cycle time from 2 weeks to 4 days.
Lead the Performance management function for Arla KSA market, working closely with VP & Category heads to measure the actual financial performance against the targets & commitments.
Decision support including reviewing and interpreting financial information to identify key trends and areas for future improvement, challenging poor or exceptional performance in financial KPIs and advise on rectification actions.
Designed Weekly Detailed Sales performance reporting to Top Management
Implemented Functional OPEX reporting using the ZAP BI Tool to track the spending vs budget and ensured effectiveness of financial controls and accuracy in accruals.
Developed and implemented new Comparative Trade Spend Discounts Dash Board for Sales Director and Channel heads to have a control over Trade Spends Discounts (Modern Trade, Traditional Trade & Food Service Channels)
Deep dive analysis of Growth and Profitability drivers in terms of VDRG (Volume Driven Revenue Growth, PDRG (Price Driven Revenue Growth) & SBVDRG
Initiated Total Co. Discount Variance Analysis Vs FCT Vs LY and make sure accruals are correctly made by the accounting team in line with the budget and Channel heads accurate monthly estimations.
Preparing accurate channel wise results summaries (P&L), making deep-dive analysis & recommendations
Successfully prepared & presented Quarterly Depot P&L for Arla KSAs 15 Depots/Branches for FD&VP
Initiated & Built a solid base for Historical Functional Staff Cost Dash Board from 2014 to 2017
Developed and monitored a $1B IT budget Vs Actual for New ERP implementation in 2017
Balance Sheet Appraisal - Developed a new Format Net Working Capital Management report with deep dive analysis on DSO days and set targets, Manage DIO & DPO analysis with SC Controller.
Support the business plan process, in coordination with BU managers and provide business plan reports, strategic forecast plans, to enable management to improve existing performance in line with business objectives
Provide costing analysis of existing and potential product(s) and recommendations to Management on viability.
Support, control, and report the Supply Chain (Make to sell) losses and Capacity losses.
Responsible for compliance to Arla Minimum Financial Controls and Reporting
Maersk Line GSC Chennai India. Sep 2011-Jun 2014 (3 Years) - Analyst, Cost Management
• Focal point for South East European region Marine Cost Management activities
• Ensuring the timely, transparent and accurate signoff of port and terminal expenses for country on a monthly-basis.
• Estimating expected cost for country and ensuring timely payment to vendors
• Analysis of data to identify root cause for increase/decrease in cost.
• Follow-up with relevant teams to drive reduction of operating unit cost
• Delivered Many Cost saving and FTE reduction initiatives (Up to 500 working Hours)
• Presenting SWOT analysis on the P2P process in the weekly meeting with the South Europe Cluster Heads
• Facilitate payments by performing 3-way match between PO, GR & Invoice receipt and perform weekly payment-run.
• Verify supplier invoices with all supporting documents, handle disputes, liaise with the vendor.
• Have won Kaizan Awards for contributing ideas to minimize the workload and gain efficiently in the Terminal Spending PO process
• Have achieved two “Performer of the Month” award.
• Awarded “Customer Service Award” (5 times) for extraordinary contributing to the business beyond the expected level.