Manager/Team Lead Budgeting and Cost Control
wi-tribe Pakistan Limited (Qtel Company).
مجموع سنوات الخبرة :21 years, 4 أشهر
•Developed five years Business Plan and Budget of the Company.
•Developed budget monitoring system on oracle financials.
•Prepare all administrative budget to actual reports on a monthly basis identifying any areas of concern
•Monthly /quarterly budget meetings with all administrative departments.
•Approves requisitions and check request verifying budget is sufficient and proper charge codes are identified.
•Assist department managers with completing yearly budget request and justifications.
•Review operational and financial records and reports and makes recommendation for improvements; works with departments to compile data necessary to analyse and determine operational and financial efficiency;
•Works with Director to review and analyse budget performance to include a review of actual and budgeted expenses;
•Reviews daily revenue reports to examine and analyse trends;
•Conducts cost-benefit analyses as required to assist in making management decisions regarding benefits of current and proposed program proposals, capital budgets, etc.; creates financial models using electronic spreadsheets;
•Creates Power Point presentations summarizing results of analyses and presents the results to senior management;
•Reviews and recommends different types of investments based on risk and return analysis;
•Assists with the compilation of routine and ad hoc reports as needed.
•Monitors budget performance. Develops policies for budget monitoring and control.
•Prepares special management reports for senior administrators.
•Advises Director on general budget performance, alerting of special circumstances or concerns.
•Works with cost centre managers to resolve budget problems within their domains.
•Assists cost centre managers in budget preparations and interpretation, providing explanations on specific budget items.
•Monitors budget versus actual figures and works with cost centre managers to develop strategies to maximize budget efficiencies.
•Provide input to improve business planning and performance management processes.
•Prepare planning and reporting templates as per guidelines from the Director, Commercial Planning.
•Ensure deliverables are produced on time as per agreed process and follow up with the operations.
•Review key deliverables to ensure their quality, provide analysis and feedback and check accuracy of data. In particular, review, check, and provide feedback on submissions and forecasts from the operations on customers forecast, revenue, market share, traffic and ARPU.
•Work closely with respective cost centre team to build financial plan for all forecast models i-e 2+10FC, 3+9FC, 6+6FC, 9+3FC, 10+2FC.
•Manage and co-ordinate the business’s monthly operational forecasting process and annual budgeting process.
•Track actuals against budget and forecast and report monthly and weekly summarised and cost centre wise performance to management.
•Work closely with other Ooredoo Group entities (Strategy, Finance, Operations teams) to check consistency of data and conduct joint analysis
•When required by the Director Commercial planning, participate in Opcos reviews and strategic planning sessions and provide input into the commercial guidelines
•Report on progress on corrective action plans and track variance against plan
•Define format of required analysis with Director Commercial Planning
•Collect data and ensure it is reliable and consistent
•Present results to top management
I taught P7 study text, revision kits and past question papers.
I taught P7 study text, revision kits and past question papers.
•Supervised General Ledger;
•Ensured accurate and timely closing of monthly accounting periods;
•Ensured that accounting systems, processes and reports comply with international accounting standards and internal control framework;
•Established internal checks, reconciliation controls and reveal potential problem area;
•Hands on experience in tailored made sydat hyder financials and oracle for monthly closing.
•Coordinating person for the annual statutory audit of the Company.
•Reported monthly, quarterly and annual statutory accounts both in local currency and US Dollar to our holding company in Bahrain.
•Meeting periodic and non-periodic requirements of bank with respect to financing facilities and also place company's funds with the banks for profit/investment.
•Planning and developing the audit methodology using GT Horizon audit software.
•Supervising audit field work of three to six team members.
•Allocation of tasks to team members.
•Reaching conclusions on the basis of audit work performed.
•Preparation of audit general and permanent files in accordance with audit programs
•Preparation of audit reports in accordance with International standards on Auditing and local regulations.