Finance Business Partner
HILTI
Total des années d'expérience :19 years, 6 Mois
Role:
• Leading a team of 30 people, fostering relationships to drive organizational changes & improve efficiencies; implementing a new process for employees to contribute ideas and drive innovation, resulting in improved efficiency and cost savings.
• Analyzing the financial climate and market trends to provide business insights and analytics for strategic planning.
• Collaborating with cross-functional departments to improve forecasts & reports, ensuring efficiency gains; ensuring compliance with regional hubs and regulatory bodies, and liaising with auditors for financial monitoring. Highlights:
• Achieved savings of 50% by negotiating the road shipments v/s air shipments with service team.
• Monitored the receivables closely and achieved a reversal of 862k $ in 2022 and 100K $ in 2023.
• Fostered change to improve efficiency by creating a process that employees could feed ideas and implement across the business.
• Developed and executed a solar project with potential savings of $45k, showcasing a proactive approach to sustainability and cost reduction.
• Successfully tracked progress towards targets and made data-driven decisions to support the strategic direction of the Market Organization.
Role:
• Implemented a project to improve finance division inefficiencies, resulting in increased profitability and streamlined processes.
• Led the budgeting and forecasting processes for different business units, ensuring accurate financial planning and resource allocation.
• Managed finance for 9 divisions with a turnover of 1.5 bn QAR.
• Managed a team of 20 accountants and conducted monthly reporting and consolidation using Oracle ERP system.
• Supported budgeting and forecasting processes for different business units, communicating financial and operational performance trends.
• Ensured timely completion of billing cycle and reviewed accounts receivable aging.
• Supervised personnel and conducted internal control reviews, networking with auditors during statutory and internal control reviews. Highlights:
• Raised new working capital facilities of 50mn QAR and effectively used the facilities for the group.
• Set up various reporting procedures to effectively increase the profitability and cash conversion cycle.
• Reduced overheads across the company which saved the business $250, 000 thru consolidation.
• Right sized the headcount by 15% and increased employee satisfaction by 50%.
• Reduced finance cost for the group by 12% by opting the UPAS route for payments.
Highlights:
• Streamlined financial operations, including financial and business planning, budgeting, costing, and corporate compliance.
• Raised working capital facility of about AED 25 million for the group.
• Successfully implemented Oracle ERP System.
Role:
• Pioneered finance team and provided valuable financial analysis and advice to senior management.