Director - Management Accounting & Reporting
National Air Services (NAS)
Total des années d'expérience :22 years, 7 Mois
• Established a unit of three managers and six financial analysts
responsible for:
1. Providing ad hoc reporting and analysis to the board of directors in support of key financial decision making and strategic or operational planning initiatives.
2. Providing the group management and its subsidiaries with all the reports and analysis necessary to monitor and improve performance.
3. Preparing budgets and forecast processes for the group and its subsidiaries.
4. Identifying opportunities to reduce financial and operational risk within the business.
5. Identifying opportunities to improve the quality of financial control and reporting across the Group.
6. Identifying opportunities to improve revenue growth, cost control or performance improvement across the Group.
7. Working with the management of subsidiary companies to study the feasibility of future projects.
8. Working with external consultants to re-assess the feasibility of the subsidiary companies of the group.
• Working with consultants on the restructuring of the chart of accounts and cost centers and re-implementation of the Oracle system to improve the quality of the data in order to provide more detailed and more accurate analysis.
• Working on the establishment of the internal audit unit with PWC as a project manager.
• Working with the CFO on the restructuring of the finance department,
re-evaluation of staff and selection of new staff.
• Carrying out the functions of the group CFO during his absence.
• To extract key financial data, improve the quality and structure of the data in order to provide more detailed and more accurate analysis.
• To provide ad hoc reporting and analysis services to senior business management, to the board of directors, as well as consultants, in support of key financial decision making and strategic or operational planning initiatives.
• To identify opportunities to reduce financial and operational risk within the business.
• To identify opportunities to improve the quality of financial control and reporting across the Group.
• To identify opportunities to improve revenue growth, cost control or performance improvement across the Group.
• Coordinate and manage the budget and forecast processes for the group.
• Preparation of variance analysis on a monthly and quarterly basis on actual to budget and identify cause of variances.
• Preparing financial statements (quarterly & year end).
• Preparing monthly highlight finance report for BOD.
• Tracking and analyzing monthly Actual vs. Target report.
• Identify the needs of departments and providing the reasonable reports and solutions.
• Communicator with External Auditors, SAMA, CMA, CHICK and Shareholders.
• Focal point with TADAWUL.
• Establishing a reporting unit belonging to the marketing department responsible for setting targets and following up the performance of sales channels.
• Providing the necessary support to enhance the performance of all distribution channels in coordination with the external consultants.
Controller over payments and provision for regions.
Responsible for the delivery of checks to suppliers.
Communicator with Ministry of Defense, Ministry of Finance & General Auditing Bureau.
Member of purchases committee & Budget committee.