Manager Financial Planning and Analysis
Tahweel Holding
مجموع سنوات الخبرة :15 years, 7 أشهر
Projects / Achievements
• Led seamless SAP S/4 HANA CO green field Implementation across 4 group companies simultaneously under Tahweel Holding.
• Spearheaded an initiative focused on cost savings with goal to surpass the fiscal year profit by an impressive 50% by engaging cross functional stakeholders and implementing structural reforms to ensure sustainable and impactful savings delivery.
• Contributed to digital transformation at Tahweel by undertaking the design and delivery of several Management dashboards serving as powerful tools for real-time and periodic reporting enabling swift yet informed decision-making. Key Responsibilities
• P&L Management for group companies with consolidated topline of more than SR 1 billion.
• Negotiation and rationalization of OPEX and CAPEX annual budgets worth SR ~350Mn and SR ~35Mn respectively with departments before submitting to BOD along with implementing robust spend control in SAP.
• Leading the period-end SAP closing and delivery of monthly management reporting pack by analysing the actuals vs budget results, scrutinizing the gaps, and providing well-reasoned insights.
• Assisting the business development team by evaluating the financial viability of novel products and projects including the collaborative discussion with external partners.
• Overseeing the accruals and provision of SR ~60Mn for all group companies to enhance the accuracy and reliability of financial statements.
• Ongoing evaluation and enhancement of SAP Controls in the areas of Product Costing, Expenditure Management, Inventory Valuation, and Compliance with Authority Matrix.
• Annual budgeting, budgetary controls & variance/trend analysis
• SAP Funds Management and spending controls
• Budget vs Actuals tracking, scrutiny and reporting.
• SAP process development and management reporting.
Projects / Achievements
• Successful implementation of SAP for two new plants ensuring ZERO business disruption.
• Developed new profitability reporting model for brand (36 brands) and category (4 product categories) wise monthly P&L and improved divisional and global reporting timelines by 2 days.
• Development of E2E user Manual for sales audit team enabling faster on-boarding of new joiners in the team and reducing the human dependency.
Key Responsibilities
• Brands and Categories P&L Management and reporting
• Product Costing, Inventory Valuation, and provisions management.
• Annual Budgeting, Mid-Year Review, and 3-year forecasts
• Financials feasibility of new products and promotions
• SAP Month-end closing and management reporting.
• Global/Divisional Reporting of Financials
Projects / Achievements
• Co-led first ever post implementation SAP information system audit leading to re review of several system controls and updating the disaster recovery plan (DRP). Key Responsibilities
• Development of Audit Plan, Audit Check Lists and Audit Procedures.
• Identification and reporting of audit observations and recommendations.
• Performing audit procedure and forming Independent Opinion on established internal controls.
• Representing Internal Audit department on at management meeting.
• Periodic information system (SAP) audit and review of process controls.
• Compilation and analyses of financial information and Bookkeeping
• Liaising with Customers and Vendors including their balance reconciliation and recoveries
• Preparation of monthly management accounts and analyzing revenue and expenses
MBA Finance & Marketing
Chartered Management Accountant (CMA)