Analyst - Financial Planning & Analysis (FP&A)
Dubai Airports
Total years of experience :14 years, 3 Months
Working closely with Head of FP&A and providing reports for monthly forecast analysis and ad-hoc reporting in support of decision-making.
• Creating, updating, and maintaining financial models and detailed forecasts of company's future operations.
• Supported creation of detailed, technical financial models and presentations to value different prospects under COVID-19 situation.
• Analyzed program data to provide input for key decision making and strategic planning.
• Produced business performance reporting packages.
• Created and maintained precise and accurate models, charts and reports.
• Reviewed weekly and monthly budget performance reports, ensuring all departments and agencies operated within allocated budgets and investigated excessive expenses and reporting discrepancies.
• Working with different departments of organization to prepare budgets and consolidate them into one overall corporate budget.
• Examining and evaluating cost-efficiency of each department of company, considering what percentage of company's financial resources each department consumes.
• Advising Strategy & Development department on nature of cost about their upcoming projects, under governance of organization policies and IFRS.
• Also worked on Fixed Asset Management, Credit Controls and VAT implementation.
Major Achievements:
• Based on analysis, advised management on better reporting structure of monthly income statement.
• Identified anomalies in reporting budget utilization and introduced ways to improve accuracy of budget utilization.
• Developed spreadsheet models for Asset Tags and its Printing to automate generation of Tag Numbers, avoid inaccuracies and implement better controls.
• Established better controls on clearing account to monitor on-going projects and its capitalization.
• Identified anomalies in delivery of Fixed Assets during Fixed Asset Audit and recovered difference from supplier.
Worked for Etoile, sister company of Chalhoub Group dealing in luxury brands like Chanel, Valentino, Ralph Lauren, TOD's and others.
• Consolidated financial data and materials for key leadership meetings.
• Managed entire accounting cycle including gathering information, preparing documents, finalizing reports and closing books.
• Performed complex financial and budget analysis to determine budget requirements, improve internal controls and justify requested funding from departments while managing annual budget.
• Managed, tracked and monitored cash position of company and financing facilities to arrange finances as per requirement.
• Timely renewal of credit facilities agreements & optimizing finance cost.
• Direct cash management for Company including forecasting, collection, disbursement, investment of excess funds and short-term borrowing.
• Analyze company's foreign currency requirement and hedge currencies accordingly.
• Developed, produced and analyzed financial statements by shop.
Major Achievements:
• Good negotiations and better relations with bank results in relinquishment of various bank charges and better hedging rate.
Reason of leaving: Got opportunity to work with one of the world's busiest airport.
Worked with Financial Controller and act as coordinator for team of 7 accountants who were responsible for their individual emirate workstations.
• Created budgets, forecasts and 5-year plan for management group in alignment with accounting deadlines.
• Reviewing each work station P&L's and critically analyze variances on monthly basis.
• Preparation of monthly overheads report by cost center wise along with Commentaries.
• Managed all areas of accounting, including accounts payable and receivable, general ledger management, banking reconciliations and monthly financial statements.
• Management of fixed assets and advising on timely replacement of fixed assets, capitalization, and disposal.
• Monitored and reported detailed analysis of vehicle running and maintenance cost and highlighting cost inefficiency.
• Processed all vendor invoices promptly in accordance with company policy.
Major Achievements:
• Rewarded as “Employee of the Month" in month of April 2013.
• Different spreadsheet models were developed for key areas of responsibilities, like scanning of fridges, payment of Long Term Agreements (LTA) and for supplier payments.
Reason of leaving: Got opportunity to work and learn different industry practice.
The company is a major retailer of quality range of household appliances in Pakistan.
Main responsibilities were:
• Preparation of Monthly / Quarterly management accounts.
• Preparation of daily bank reconciliation.
• Maintaining efficient collection of account receivables.
• Process payments to the suppliers.
Reason of leaving: Got better opportunity in UAE.
Fellow Member of ACCA
2010 Bachelor of Commerce Karachi University Second Division