Business Controller Sr.
Saudi Airlines Cargo Company
Total years of experience :21 years, 10 Months
• Cultivated relationships with finance, commercial and operation departments to improve collaboration among corporate budgets and forecasts | Developed forecasting tools and dashboards to plan and analyze the financials and operational performance and trends.
• Accomplish with preparing the different financial models by using Power BI: Rolling fore-cast model, cost canter wise reports and comparison with budget and previous years, and Airline route profitability | Outperform with preparation and compilation of the yearly budget.
• Responsible to coordinate with all departments to compile the annual budget.
• Comparison of budgeted Vs actual results and prepare the variance analysis.
• Developed the following analysis models and dashboards in Microsoft Power BI data analysis tool: Rolling Forecasting, Fuel analysis, Monthly Financial Statements, Route Profitability, Financial Data history, Revenue analysis, and AR Aging analysis.
• Succeeded in leading the budget, planning, and MIS reporting.
• Developed the Route Profitability analysis (Power Pivot) to analyze the profitable and loss-making routes for further decision making.
• Accomplished to prepare the intercompany reconciliations and saved $70M by analysing the expenses in respect of occurrence, completeness, accuracy, measurement, authoriza-tion, and classification of transactions | Core member of SAP S/4 Hana implementation team.
• Compile and present monthly, quarterly, and yearly financial statements.
• Outperformed to prepare workings for the monthly, quarterly, and yearly accruals.
• Developed to prepare the management report with variance analysis, comparison of the budgeted and actual results | Liaison with external auditors to finalize the statutory audit.
• Team member of implementation of Document Management System in SAP to reduce the billing time period for accuracy and timely reporting.
• Accomplished with preparing different analysis using Microsoft Power BI: Revenue (Region wise, Station wise, comparison with budget and forecasting), Aircraft Fuel (Uplift station wise, per unit cost, Mix international and domestic, Aircraft wise comparison of standard fuel burn with actual), and ACMI & RTK Cost (Comparison of budgeted and actual Block hours, Comparison of RTK cost budgeted and actual).
• Succeeded in supervising the 8 persons’ team, encourage personal and professional devel-opment to achieve the company goals | Resolve the issues with vendors.
• Developed to compilation of departmental budget. Participation in overall budget of com-pany (Specially Fuel & Handling) | Spearheaded to prepare the intercompany reconcilia-tions with SBUs (Strategic Business Units) of Saudi Airlines Cargo Company | Active partici-pation in SAP Implementation.
Lead the Accounts and Finance Department.
Preparation of monthly, quarterly and annually financial statements.
Liaison with external auditors for the statutory audits.
Dealing with banks for the financing (Export and Imports)
Preparation of costing reports related to yarn imports and productions of fabrics.
Ensure the implementation and monitor the internal control systems.
Preparation of feasibility studies as per requirements.
Supervise the Implementation of Oracle Financial project.
Conducted numerous Internal and External audits of the following concerns as an audit supervisor during the five (5) years of my training:
Import/Export houses
Spinning units
Processing units
Weaving units
Woolen mills
Government and Semi- Governmental agencies
Other Special Assignments (Physical verification of fixed assets, stores and stocks)
Bookkeeping of different companies in different industry sectors.
Development of internal control systems of different companies.
Masters in Accounting & Finance has given me a depth knowledge in the following areas or subjects (Summarized): E commerce Economics Business Communication Financial Accounting (Advance) Financial Management (Advance) Cost Management (Advance) Business Math & Statistics Taxation (Advance) Business & Labor Law SME Management Auditing Islamic Mode Of Financing
CMA - USA is a Management Certification. Completion of CMA provide a depth knowledge of: Financial Statement Analysis Corporate Finance Decision Analysis Risk Management Investment Decisions Planning, Budgeting and Forecasting Performance Management Cost Management Internal Controls
Diploma in Accounting & Finance given knowledge of of following subjects in detail: Introduction to Computing Business and Functional English Financial Accounting Business Finance Financial Management Cost Accounting
Certification Of CPA provided me the depth knowledge in the following areas: Accounting Auditing Corporate Taxation Management Accounting Cost Accounting
CA Foundation developed the knowledge and skills in the following areas: Financial Accounting Quantitative Methods Communication & Behavioral Skills Business Law Economics & finance
The Major Subjects are: Journalism Education Islamic Studies Education English