Financial Controller - MEA
Independent Purchasing Company MEA (SubWay)
مجموع سنوات الخبرة :13 years, 3 أشهر
Key Achievements:
• Successfully managed and controlled a total turnover of USD 4 million across MEA.
• Improved Net Margins from 10% to 18% post set-up and management of financial policies across business functions and regions
• Achieved significant improvement in cash reserve from 2020 by closely monitoring collections and setting up related KPIs.
• Played a key role in reviewing and filing VAT, GST, Corporate and other tax filings in Middle East, UK and India.
• Achieved Net Profit Margin by 2% by designing & implementing systems, policies and procedures to achieve cost control and enhance overall efficiency.
• Introduces detailed Financial and Legal risk analysis of SubWay ingredient suppliers; project now adapted across other IPCs due to better cost negotiations.
• Contributed to setting up a new accounting/ ERP system - Business Central for Accounting AP/AR, FA for MEA and South Asia Region.
Key Deliverables:
• Provide financial leadership to the company and support the leadership team in developing and executing the business strategies and provide financial systems/ controls/ advice to achieve overall company goals.
• Formulate strategic & long-term plans, and financial mechanisms to minimize financial risk of the company.
• Ensure strong financial governance and maintain robust financial systems and processes to ensure integrity and accuracy of the organization financial statements
• Ensure that critical financial analyses are performed to determine present and forecasted financial health of the company; present potential scenarios and outcomes to the senior management team.
• Work closely with the leadership team to drive value creation through managing FP&A work; identify specific projects in coordination with the leadership team to further drive value creation.
• Provide ongoing analysis on all levels of the P/L (revenue, margin and operating expenses), identify risks and develop mitigation plans to offset risks.
Key Achievements:
• Successfully managed and controlled a total turnover of USD 30 million globally on behalf of UAE HQ.
• Achieved significant improvement in Gross Margins from 20% to 60% post set-up and management of financial controls and agreements with business vendors.
• Travelled between India & UAE, to connect with respective governments - MOFA (UAE), UK High Commission etc. for various Bida and projects.
Key Deliverables:
• Provided inspired leadership company-wide and made high-level decisions about company policy and strategy to advance the business and increase profits.
• Understood the organization's financial affairs and ensured fiduciary responsibilities are met.
• Analysed and prepared Financial Models for all upcoming projects and bids to support costing/ pricing to support business decisions.
• Developed the annual budget, controlled the operating cost, compared the actual achievement vs. budget and report to management on variances from the established budget along with the reasons for those variances.
• Prepared monthly financial report, quarterly forecast, statement of financial position, statement of comprehensive income and other reports to interpret current and projected company’s financial position.
• Built and maintained healthy business relations with key stakeholder and external partners.
Key Achievements:
• Successfully managed, analysed and presented GBP 4 million Supply Chain Margins from beer sales in and out of UK and MEA.
• Saved GBP 0.5 million by introducing projects like in-house racking (for pallet storage); paperless workplaces and invoicing.
• Reduced price post negotiations with vendors like Chep by plastic pallet introductions.
• Introduced SLAs for FLT vendors leading to cost savings and better performance.
• Commercial pricing of over 500 beer SKUs in UK and MEA and related business case analysis.
Key Deliverables:
• Oversaw all supply chain operations and business activities of the company to ensure they produce the desired results and are consistent with the overall strategy and mission.
• Monitored and analysed monthly lane, shipping, volumes and related costs in-line with finalized budgets to avoid and manage variances.
• Analysed logistics performance with regards to cost incurred and recovery from sales; additionally analysing SKU performance for better decision making.
• Established and maintained long term and healthy business relationships with stakeholders and business partners to best serve the goals of the organization.
• Reviewed and approved monthly expenses incurred under the logistics level at each site (both production and non-production) in the UK and MEA.
• Reviewed financial reports to devise solutions or improvements; set financial policies and procedures, and ensured they are communicated and followed at all times.