Director of FP&R and Acting Director of Treasury
Jabal Omar Development Company
Total years of experience :15 years, 2 Months
Direct all aspects involved in financial planning, forecasting, and reporting to ensure seamless functioning of daily business operations. Plan and prepare company budget and initiate effective controls and measures to meet desired objectives. Discuss organisational current and future business matters with top leadership teams by actively partaking and representing finance department in multiple Board of Directors meetings, including Audit Committee/Board. Deliver strategic support and directions to finance and reporting teams in development and deployment of an advanced ERP system. Steer entire facets associated with integration of financial ERP module with Procurement and HR modules. Formulate and apply viable strategies and plans within department to drive business growth and revenue.
• Recognised as one of best finance leaders in company for initiating and taking ownership of financial restructuring.
• Demonstrated outstanding leadership skills and knowledge to management team, resulting in securing additional accountabilities related to Director of treasury in May 2021 for evaluating, developing, and recommending fiscal policies.
Led all operations related to long-term planning, budgeting, and forecasting by analysing actuals against budget/forecast and prior year. Partook in BODs meeting on behalf of Chief Financial Officer (CFO), aimed at delivering top-notch guidance and advice on company’s financial health and position.
• Contributed to assisting company in planning and implementation of financial business plans and strategies with an aim of reaching company to next level of success.
• Supported business potential stakeholders in decision-making process by offering meaningful insights and visibility on organisational performance in a professional manner.
Formulated and enforced effective strategies for development of budget via proper planning leadership, following strict policies and
procedures. Generated detailed reports and documentation for top management that support in informed decision-making process.
• Enabled and streamlined all processes related to budget planning and development.
Directed all aspects of daily operations for the preparation and presentation of financial analysis and insight on 90+ subsidiaries. Provided guidance to subsidiary teams in preparing budgets and forecasts, and in rendering strategic direction to budgets for improving organizational P&L. Facilitated engagements for the consolidation of data, and preparation of consolidated income statement by projects and financial analysis model (Historical Audited Financial Statement) for all subsidiaries and other finance-related reports.
Key Accomplishments:
• Played a key role in enabling sound executive decision making by preparing and evaluating monthly reports and quarterly board meeting presentations for both senior management and board reviews.
• Implemented effective remedial measures for improving organizational financial health to the based on variance analysis and financial due diligence.
• Led the development and execution of strategies for enhancing cash flow based on the analysis of the organization’s working capital requirements, and evaluation of working capital report.
• Resolved various financial issues and operational requirements in collaboration with external stakeholders.
Performed various processes related to day-to-day management of accounts covering the preparation of vouchers and cash book, and updating of business transactions. Prepared monthly financial statements and other related records, and conducted evaluation of various accounting transactions. Conduct the reconciliation of bank accounts, supplier accounts, and general ledger accounts to ensure their compliance with operational requirements. Monitored the shipment of cars and allocated vehicle costs.
Key Accomplishments:
•Ensured proper administration of financial transactions by following-up with various departments for processing and disbursing of payments related to third-party invoice and intercompany invoices, evaluating and reconciling invoices according to statutory policies and procedures, verifying documents, and maintaining updated entries prior to disbursement of petty cash.
•Provided crucial assistance to external auditors in conducting statutory and tax audits.
