Treasury & Financial Planning Manager
Bin Shihon Group
Total years of experience :5 years, 0 Months
Streamlined loan repayment cycles, aligning with collection and sales cycles to reduce cash flow mismatch risks. Negotiated favorable credit facility pricing in a high-interest rate environment, resulting in expected savings of millions in interest charges. Influenced strategic investment decisions through in-depth financial analyses of investment
opportunities, including IPOs and publicly traded securities, diversifying organization’s portfolio and maximizing potential returns.
− Elevated the valuation of overseas property from £16M to £18.5M within a year, showcasing adept asset management and investment strategy.
− Provided critical financial analysis and insights for strategic projects, optimizing workforce, and achieving operational cost efficiency.
− Strengthened financial reporting processes and offered vital year-end audit support, ensuring accurate and transparent financial statements.
− Led the transition to a prominent Big 4 auditor, reinforcing financial reporting quality, compliance, and governance, while also overseeing monthly/quarterly/yearly financial reporting to internal and external stakeholders.
− Played a key role in managerial responsibilities, including hiring, team planning, and effective team management in the treasury and financial planning area of work.
Established and streamlined, structured budgeting processes across the organization, liaising with department heads, executing custom budget control procedures, and optimizing resource allocation. Implemented robust cashflow
forecasting system by collaborating with logistics team, resulting in improved working capital management and efficient cashflow operations. Enhanced data reporting and analysis capabilities with IT team, introducing detailed financial statements, accounts receivables aging reports and inventory balance reports for data-driven decision-making.
− Conducted comprehensive financial analysis to support effective vendor selection in critical business operations, contributing to cost control and identifying cost-saving opportunities.
− Optimized inventory management by developing reports to monitor inventory levels and aging, resulting in reduced holding costs and improved inventory turnover.
− Played a pivotal role in supporting Saudization efforts by efficiently managing complex transactions and employee
transfers to comply with government/legal requirements.
− Led the initiative to establish a streamlined budgeting process, implementing custom control procedures and facilitating budget approvals.
− Implemented an efficient cashflow forecasting system, collaborating with the logistics team to enhance working capital management.
− Enhanced data reporting and analysis capabilities, introducing detailed financial statements, accounts receivables aging reports, and inventory balance reports. Guided multimillion-dollar investment decisions through meticulous financial analyses of IPOs and publicly traded securities, optimizing the organization's portfolio and yielding substantial returns.
− Spearheaded weekly cashflow forecasting initiatives, expertly managed credit facilities, and analyzed complex long and short-term loans, ensuring optimal liquidity and bolstering the company's financial stability.
− Provided invaluable support and training to accounting team, elevating proficiency in accounting, data management, international supplier negotiations, and professional development, resulting in enhanced financial
transparency and compliance.
Helped senior managers administer overall financial operations, including forecasting, analysis, and reporting. Monitored and analyzed financial, statistical, and operational data trends, consolidated financial data and reports, and
presented them to executives. Performed General Ledger reconciliations, calculated actual and projected revenues FTM, and consolidated cash flow reports from different revenue streams to monitor liquidity position. Devised fleet injection plan to perform revenue forecasting, cost, fleet performance, sales, and profit analysis; developed funding plans to acquire additional fleet to support strategic decision-making.
− Conducted financial forecasting of profit and loss, balance sheets, and cash flow statements. Perform investment analysis involving fundamental and technical review of investment prospects in the GCC region.
− Developed monthly MIS packs and schedules, board packs, and presentations for quarterly board meetings. Formalize ERP recording and new contract acceptance procedures; establish policies and operations forms for teams to evaluate expansion plans and analyze closing of existing operational units.
− Assisted Financial Planning and Analysis Manager in annual budgeting to develop budget structure to support budget planning further.
− Liaised with IT department to rectify key ERP reports for accurate management reporting. Optimized reporting through automation of repetitive tasks and data processing by utilizing MS Excel model; created Macros, financial, and operational models for timely completion of tasks.
− Participated in internal audit initiative to identify causes of continuous low performance and business growth; independently designed internal audit report by applying best practice guidelines for Managing Director and Group Chief Financial Officer.
− Contributed to improving internal control mechanism after identifying high-value financial fraud; participated as team member for implementing stringent internal controls for receipt reversal process in ERP.
− Built and maintained databases for forecasting future financial performance, designed performance reporting dashboard on MS Excel, and presented historical/current performance trends to assess outlets, contracts, and overall operational feasibility of company and regional divisions.
− Optimized performance and management reporting process by integrating tools for automation; reduced error occurrences and improved efficiency that helped senior management in strategic decision making.
− Presented timely and precise financial insights to senior management, analyzed finances, projections, and plans for Byrne Group, a SAR 1.5B firm, and supported Managing Director/Board member in financial operations by creating management reports.
Specialization Papers - Advanced Performance Management (APM) Advanced Audit & Assurance (AAA)
Secured a First Class Mark. Completed a Research Project titled “Impact of FDI on Indian Economy with reference to Indian Petroleum Industry”. Have been actively involved in organizing various national level business fests and cultural events taking place throughout the year.
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