Head of Business Budgeting and Planning
GBI QSTP
Total years of experience :18 years, 2 Months
GBI is an international internet capacity provider. It has smart network through Fiber-optic subsea and terrestrial cables, long term capacity acquisitions. GBI is connecting financial and communications hubs across Europe, Middle East.
Professional Journey
- Timely submission and presentation of detail annual budget and business plan (5 year, and 10 year) / scenario base budgeting that align with business goals and strategies to C level, CEO.
- Presentations on financial reports, business performance, recommendations to key stakeholders, and board meetings.
- Presenting, developing, and maintaining periodic financial business models, planning and forecasts to support and implement financial strategies and support business goals and objectives with its decision-making, maintaining Revenue, EBITDA & Cash-flow assessments.
- Business Plan presentation to highlight the funding need / equity / capital injections to shareholders, investors (QIA, QF) and banks, restructuring of loan and Capex Investments.
- Trends & patterns review, with insights of business performance, finance recommendation and opportunities for cost reduction, asset utilisation.
- Responsible for Accounting reviews, KPI monitoring, product pricing review, commercial analysis, and cost optimization. \[Business Worth >$100mn\]
- Considering market research, demand outlook and competitive analysis in conjunction with external experts and commercial insights to inform and recommend business and investment opportunities.
- Review and validation of commercial deals / business proposals with review of product profitability, ROI & IRR reviews.
- Finance SPOC / approver for AP and AR reconciliations/dispute resolution, partner relations, negotiations and tendering and tax matters.
- Proficient in reviewing and enhancing all financial & accounting procedures, ensuring compliance with financial regulations (IFRS) and internal controls.
- Successfully drove implementation of ERP systems including Microsoft D365, CRM.
- Managing and leading a team of finance analysts and accounting professionals, setting goals/define KPI & metrics for the team and ensure achievement of the goals while collaborating with senior level management team.
Delivered OPEX saving of $4.7mn, tax saving of $750K and recovery of lost revenue through negotiation and recommendation $7.9mn.
- Managed financial reporting and forecasting of $350mn Revenue and OPEX of $270mn.
- Reporting of Financial performance to Group CFO Office for the region.
- Responsible for financial budgeting, planning and forecast, periodic review.
- Ensuring IFRS/US GAAP compliance for Recognitions of revenue and cost, and compliance reviewer for financial deviation and margin targets.
- Responsible for timely submission and presentation of financial business performance and KPI indicator reviews with key stakeholders / business vertical heads.
- Month end closing & financial consolidations of various group entities, along with financial variance, and MIS reports to understand the trend with team.
- Reporting of financial P&L, Balance sheets and cash flows at all entities and consolidated level
- Review of cost optimization plans, revenue projection reviews with vertical heads and provide timely feedback.
- Part of global transformation of SAP & shared services for finance process implementation an centralized effort to provide cost saving, cost control and timely financials to stakeholders.
- Vital role in Planning and Revenue Reporting process transitions and headed a team of finance analyst and assistant manager.
Delivered $3.5M Opex savings by cost optimization and identified claimable overheads.
- Financial Planner for IT and network data centre for EMEA region
- Revenue & Cost Analysis for services, billing rates, process, and services.
- P&L management for complex project - from Bid to In-life support.
✓ Manage forecast input from finance tower leads and operation managers.
✓ Investigate and understand key business issues and provide clear, concise and timely analysis.
✓ Set year to year budgetary plan (1-5 Year); preparation of cash flow statements.
✓ Drive executive management review calls with clients & business operation.
✓ Report on inter-company transaction, reconciliations, accruals and ledger scrutiny.
✓ Manage Inter-company loan account; Goodwill, investment and revaluation schedules.
✓ Evaluate the risk and opportunity on various projects.
✓ Analysis the impact of monthly employee restructuring cost for 102 entities.
✓ Month end entries for foreign exchange revaluation, provision and other accruals.
✓ Prepare various reports as per US GAAP and Local GAAP in accordance with audit compliance
Analyse domestic & international process margins against direct & indirect cost.
Cost Reporting - Unit cost for resources, recruit and attrition.
Payroll management and Variance Reporting inclusive of TDS and PF management.
Treasury and payroll
Finance executive program over 9 month with IIMC. Completing the understanding of business strategy andder CFO role, In depth understanding of risk and financial performance, decision making and leadership, role of CFO in implementing financial due diligence, corporate governance framework, new tools to help CFO to ensure contribution to the organizational growth and world economy and its impact on industry
in Financial Management
in Finance
Commerce
Taxation