Accounting Manager
Al Faisaliah Group
Total years of experience :20 years, 8 Months
Al Safi Foods is the food subsidiary of Al-Faisaliah Group which is a premier diversified conglomerate operating in Saudi Arabia. www.alfaisaliah.com
• Achieved organizational effectiveness, resource efficiency, cost reduction, revenue optimization by creating and implementing budgetary controls
• Formulated strategic plans to group’s board based on periodic appraisal of company’s performance and position
• Optimized productivity and resource allocation through managing and controlling the total assets and capex
• Achieved 32% production cost reduction on goods manufactured via cost analysis and tactical planning
• Enhanced profitability with timely suggestions on products’ pricing
• Mitigated organizational risk through implementing internal controls and insurance
• Maintained effective control on the manufacturing process by controlling the Bill of Materials, resources, recipe etc.
• Maintained continuous operations with effective payables, receivables and inventory management
• Efficient cash management through cash-flow planning and scheduling
• Supervise and regulate all GL accounts and reconciliation periodically
Moody’s Analytics is the global market leader in investment research and analytics services provision to the world’s largest investment banks, asset managers and mutual funds etc. Moody’s Analytics is a subsidiary of the global credit rating agency Moody’s Corporation. https://www.moodysanalytics.com/
Client - A top three global investment bank with a market cap of over USD200bn and revenue exceeding USD25bn.
• Successfully lead a team of 4 Research Analysts to standardize the modeling and research production for the client’s entire Global Equity coverage universe of over 3, 500 companies in a highly time sensitive strategic project
• The team was adjudged the “Most Valuable Team” within the entire company in June 2013 based on several criteria including quality of deliverables, client satisfaction, value addition etc.
Client - A leading Global Investment Bank with a market cap above USD50bn and revenue of USD15bn.
• Headed a team of 4 analysts in sell side ASEAN focused Emerging Markets multiple industry (which includes Consumer Staple & Discretionary, Property, Metals & Mining, Media etc.) equity research coverage.
• Aided the client team in achieving a 32% YoY return in 2012.
• Job description included building financial models, drafting end-to-end investment reports, constructing databases, conducting absolute and relative valuation on companies, constructing marketing presentations for client road shows under the coverage universe.
• Conducted Chartered Financial Analyst (CFA) accredited training for trainees as well as existing employees on a periodic basis on financial modeling and valuation modules.
Client - A top five Global Investment Bank’s (market cap of USD50bn and revenue surpassing USD10bn) Asian Conglomerates Equity research team which covered some of the largest market cap companies in Asia.
• Conducted valuation on companies which operates in multiple industries such as Property, Hotels, Consumer Discretionary & Staple, Ports, Telecommunications, and Airlines etc.
• Helped the client team in achieving 15% share performance over two years on the most defensive stocks in Asia
• Built and maintained financial models for companies under conglomerates coverage.
• Drafted comprehensive investment thesis based on the valuation of the companies and sectors.
• Achieved commended client satisfaction score successively from the Head of Research - Asia Ex Japan region (over 1, 000 stocks in coverage universe).
• Built and maintained databases using on Bloomberg, Reuters and the investment bank’s specific tools.
Business Consultant at Trillion Gold Resources SDN BHD (April 2006 - December 2006)
Trillion Gold Resources is an investment management firm operating in Malaysia, Hong Kong and Sri Lanka.
• Was involved in technical trading and analysis of the Hang Seng Index
• Made investment decisions to generate above average returns on clients' investments
Aitken Spence is a premier diversified blue chip conglomerate in Sri Lanka. Its hotels’ subsidiary owns and operates Sri Lanka’s largest hotel chain with properties located in Sri Lanka, South Asia and the Middle-East. www.aitkenspence.com
• Claimed overall responsibility for the operational finance activities of the entire Maldivian sector (5 resorts) and few Sri Lankan resorts.
• Was solely responsible in managing funds exceeding LKR650 million in the hotel refurbishment where the project was successfully completed in terms of budget, quality and time.
• Conducted feasibility studies on new hotel projects to ensure shareholder wealth maximisation
• Job description included management accounting, budgeting, financial accounting etc.
• Conducted periodic operational and financial performance management on all the hotel properties (owned and managed) within the group and conducted MIS reporting on the results.
• Ensured efficient working capital management by coordinating between banks, Finance Managers, Debt Collectors and Suppliers on timely recovery of receivables, efficient payable payments and effective fund management.
Lanka Polysacks holds the second largest market share in the manufacture of poly-sacks, poly-bags and poly-ethylene related products in Sri Lanka.
• Was involved in periodic statutory reporting and financial accounting.
• Aided management decision making and the pricing policy by conducting costing on the products and processes.
• Job responsibilities included budgeting, management accounting and reporting by exception based on various analysis of budgets and forecasts.
• Coordinated between suppliers and customers to ensure efficient operational cash management thereby ensuring effective working capital management.