Financial Controller
Zimmer Biomet Ltd
مجموع سنوات الخبرة :18 years, 6 أشهر
Oversaw the financial statements and statutory reporting of Zimmer Joint Venture Company (JVCo) and Zimmer RHQ branch, ensuring accuracy through rigorous controls and process adherence.
• Implemented and reduced end-to-end month-end closing activities to 2 WD from 6 WD.
• Maintained 100% record of FS reviews, analysis signoffs and timely closure of open items.
• Helped reduced costs by 20% by effectively negotiating and executing supplier contracts.
• Mentored and supervised team of 3, emphasizing high performance and efficiency. Maintaining 90%+ retention rate.
• $0 tax assessment record by maintaining 100% compliance and filing & reporting of direct and indirect taxes.
• Led business transformation project of e-invoice implementation for automating billing of Saudi entities through cross functional collaboration to align with regulatory compliance.
Responsible for the financial strategy, P&L delivery, cash flow and fiscal discipline for the Middle East region.
Responsible for annual planning for the country and coordinate with corporate and regional FP&A teams.
Leading team of 2 with strong focus on building a high performing team.
Led annual, quarterly, and monthly rolling forecast at market level and segment level.
Prepare financial performance pack and presenting to executing management and local entity board memebers.
Responsible for accounting and controlling of 3M entities.
Responsible for supervising timely closure of financials by managing end-to-end closing activities involving A/P, A/R, RTR and OTC.
Responsible for preparing and distribution of variance analysis reports to senior management.
Responsible to ensure functional adherence to internal control procedures and finance policies and procedures.
Supervise annual fixed asset counts, sought approval and record adjustments (if any).
Performed monthly account reconciliations, review with finance manager account balances and movements. Ensure adequate support for open items and are closed in timely manner.
Review of payroll register from HR for validation from finance manager.
Review and process T&E expenses and raise flags where necessary.
Point of contact for internal and external audits, liaise cross functionally for information requirements.
Liaise and coordinate with external tax service providers in addressing queries related to tax and Zakat.
Responsible for preparation and filing of monthly/quarterly/annual vat and tax returns of 3M Saudi entities.
Business Counselling
Reponsible for business support of 3Ms business units by analysing 3Ms business unit performance, highlighting improvement areas and identifying business growth opportunities.
Regional finance support
Support Area Financial Controller by analyzing business performance and aligning P&L in line with corporate directives.
Team meetings and presentation
Represent businesses by presenting financial performance overview of business to senior management.
Supervision of business operating plan (Budget)
Ensure businesses performances as per plan and highlight areas of improvement and tapping pitfalls
Financial Reporting/Analysis
• Prepare, update and maintain monthly receivables reports and report to accounts manager.
• Prepare, update and maintain monthly MUSHARAKA reports and submit to banks.
• Perform variance analysis and track report errors and liaise with banks for reconciliation.
• Coordinate with IT department for implementation of reports in EBBON DACS system for Musharaka division.
Project Analysis:
• Perform contractual analysis for a SAR 2 billion sukuk financing project and report deviations from mandate to management.
• Liaise with lead bank, financial advisors, legal team and others for information requirements and coordinate meetings.
• Update project schedule and report management in weekly management meeting.
• Maintaining and updating monthly revenue and expenditure reports.
• Maintaining and updating sales reports on weekly, monthly and annual basis.
• Performing profitability analysis for lines of aromatic and aliphatic product lines and monitoring deviations from budget.
• Performing variance analysis and comparing product performance and reporting to management.
• Updating and maintaining Accounts receivable ledger and preparing aging reports.
• Assist finance manager with developing hedging strategies.
• Maintain and track record of open/closed positions and booking profits/losses accordingly.
• Reporting profits/losses and assist finance manager in restructuring/proposing hedging strategies by performing technical and qualitative analysis reports.
• Monitoring price information and report to finance manager for favorable/unfavorable hedging positions.
• Performing expenses analysis of a $240 billion expansion project focusing on pre-operating costs.
• Tracking record of and preparing status report on external consultancy charges, project personnel costs, contractual liabilities, traveling expenses for management.
• Assist finance manager in developing and implementing cost control procedures and policies.
• Performing pre-feasibility and feasibility analysis for management.
• Coordinate with departments for bi-annual budgeting.
• Gather information and discuss departmental budgetry requirements for proposed recommendations to management.
GPA 3.3/4
3.15/4