Syed Waqar  Haider, Cost Controller

Syed Waqar Haider

Cost Controller

Asma International

Lieu
Arabie Saoudite - Jeddah
Éducation
Baccalauréat, Electronics
Expérience
11 years, 8 Mois

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Expériences professionnelles

Total des années d'expérience :11 years, 8 Mois

Cost Controller à Asma International
  • Arabie Saoudite - Jeddah
  • Je travaille ici depuis janvier 2021

- Led a cross functional team to conduct a comprehensive budget analysis, which identified and eliminated 350k SAR in unnecessary expenses.
- Implemented an accurate and efficient cost tracking system that resulted in a 10% reduction in reporting errors, ensuring timely & precise financial data for quick decision-making.
- Successfully reduced projects cost, by 8% (2.3 Million SAR) in a year time, through implementing a robust cost control strategy, streamlining processes, and identifying areas of cost optimization.
- Monitoring the budgets and adherence to budgetary limits.
- Presenting projects performance on monthly basis, based on budgeted vs actual cost.
- Managing monthly fuel consumption for 60 Motor vehicles, setting fuel consumption limits, ensuring each project fleet adhere to their monthly-approved budget.
- Conduct cost analyses, implement cost-cutting measures, and roll out cost-saving programs.
- Overseeing budgets for Cost Centers, and establishing internal controls.
- Preparing Capex for projects in collaboration with departments head.
- Monitor project progress and financial performance against the defined statement of work SOW.
- Monitor and track budgets for projects, including Capex and Opex.
- Prepare Capex & Opex reports for Projects, and present analysis as budgeted.
- Collect and compile financial data related to project costs, including capital expenditures (CAPEX) and operating expenses (OPEX)
- Analyze financial data to identify trends, variances, and potential cost-saving opportunities.
- Prepare and all operational costs on a monthly basis and recommend alternatives to improve costs
- Prepare monthly actual cost and monthly variances analysis.
- Work closely with the Business Unit Finance Manager to ensure budget adherence.
- Prepare regular budget variance reports and recommend corrective actions when necessary.
- Create detailed analyses and reports for the P&L and develop analysis reports to aid decision-makers.
- Evaluating subcontractors and vendors performance to ensure quality and competitiveness.
- Reviewing, verifying and approving, monthly payables of more than 100k SAR for subcontractors & vendors for multiple projects, ensuring the payments are in accordance with the contract agreements.
- Approving rental payments of more than 350k SAR yearly, for head office, projects offices, and staff accommodation, while adhering to the approved annual budgets & contracts agreement.
- Approving utilities bills for Head office, Projects Offices and Operations Centre.
- Reviewing, verifying and approving petty cash requests, of more than 50k SAR each month, for operational expenses for multiple Projects, and ensuring that each request is within the approved budget.
- Managing Petty cash of 10k SAR for Head Office, for day-to-day operational expenses.
- Reviewing, verifying and approving all Purchase for Requisition’s (PRFs) from head of departments, rejecting if the supporting documents are missing, and the internal process is not followed, or if any discrepancies found.
- Implemented a cost effective and efficient Human Resources Management System.
- Managing projects cost and company overall operations.
- Reviewing and approving payments related to HR Department, which includes payments, for labor card & Jawazaat for Iqama Renewal, End of Service Benefits, Issuance of new Visa, Transfer of Sponsorship, Gosi, VAT, Medical insurance installments related to CCHI, Motor vehicle insurance, Muqeem, Tamm, Etimad & Qiwa
- Reviewing and approving payments for renewal of Commercial Registration C.R, SAGIA, Saudi Contractor Authority Certificate SCA Chamber of Commerce & Mofa Payments,
- Collaborate with projects head and key stakeholders for strategic human resource planning for projects
- Ensure the integrity of financial information, data accuracy & reporting to support effective decision-making.

Senior Business Development Officer à Asma International
  • Arabie Saoudite - Jeddah
  • octobre 2015 à décembre 2020

- Facilitate the customers by understanding their requirements and converting it into technical solution.
- Responsible for preparation of projects costing, techno-commercial proposals and quotations for the projects.
- Collaborate with sales team in preparation of prequalification has & bid packages.
- Developed excellent customer services, by providing after-sales support and building strong relationships with the customers, which resulted in customer’s satisfaction and retention.
- Coordinate with foreign manufacturers to provide technical support to the end-users.
- Planned the mobilization process & deployed manpower for multiple projects.
- Established strategic partnerships and build joint ventures that improved the business process.
- Collaborate with colleagues, clients, vendors & manufacturers to achieve business goals.
- Responsible for key accounts management.
- Acquire new customers, update customer database, records & statistics.
- Facilitate the customers by providing training about company products and services.
- Developed new products & Organized campaigns for new products offerings.
- Brought Awareness about company products in targeted markets.
- Generated new business leads from conferences and events.
- Provide Market Insights through market Research, and by doing competitor analysis.
- Developed and coached teams to achieve business goals and objectives.
- Managed the procurement cycle and build excellent relationship with vendors to support multiple projects.
- Reduced projects operational cost by negotiating with vendors to get special discounts, which accelerated the profit.

Major Accomplishments:

- Collaborated with the team to sell products and services worth more than $ 15, 000, 000.
- As a lead role, I successfully sell company products and services worth more than $ 500, 000.
- Negotiated contracts with the vendors, which resulted in cost saving of more than $ 50, 000.

Electronics Engineer à Abdul Mohsen Sultan Company for Trading & Contracting
  • Arabie Saoudite - Jeddah
  • novembre 2013 à octobre 2015

- Installation & Commissioning of Environmental Monitoring Instruments.
- Estimated maintenance cost and evaluation of alternatives for different projects.
- Supervised maintenance team working on different projects.
- Trained the customers on Environmental Monitoring Instruments and their applications.

Major Projects Accomplishments:
- Installation & Commissioning of Air Quality Monitoring Instruments for KACST - Riyadh.
- Installation & Commissioning of Medium Volume Particulate Sampler for KACST - Riyadh.
- Installation & Commissioning of Environmental Dust Monitor for KACST - Riyadh.

Project Engineer à AH Automation
  • Pakistan - Islamabad
  • décembre 2011 à décembre 2012

- Successfully completed the project Multi-Sensor Network Design and Automation of different Units for Oil and Gas Industries.
- Plc Programming, its Installation and Commissioning.
- Designing Scada applications for the Projects on Indu Soft Web Studio.
- Managing Communication between multiple Plc's & Scada.

Éducation

Baccalauréat, Electronics
  • à Comsats Institute Of Information Technology
  • décembre 2012
Etudes secondaires ou équivalent, Pre-Engineering, Higher Secondary School Certificate (HSSC)
  • à Garrison Academy Kharian
  • décembre 2008
Etudes secondaires ou équivalent, Science Group - Secondary School Certificate (SSC)
  • à Linc School System
  • décembre 2006

Specialties & Skills

Project Management
Team Leadership
Procurement
Cost Management
Budgeting
Projects Management
Vendors Management
Budgeting
Negotiation
Procurement
Cost Management

Profils Sociaux

Site Web Personnel
Site Web Personnel

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Langues

Anglais
Expert
Urdu
Langue Maternelle
Punjabi
Expert
Arabe
Moyen

Formation et Diplômes

Supply Chain Foundations (Certificat)
SAP Ariba Supply chain collaboration (Certificat)
SAP ERP Essential Training (Certificat)
Purchasing Foundations (Certificat)
Primavera P6 Essential Training (Certificat)
Project Management Foundations – Procurement (Certificat)
Project Management Foundations – Budgets (Certificat)
Cost Reduction Tips – Cutting cost and Maximizing profits (Certificat)

Loisirs

  • Playing & Watching Football & Cricket