Oger Emirates L.L.C
As a junior analyst, I created the 2010 Head Office Operating Expenditure / Capital expenditure budget forecast for the Abu Dhabi and Dubai Head Offices. Collaborating with all the departments of the company I created budget spreadsheets, integrated with reporting standards to generate executive reports for the CFO and the overseas Board of Directors to review. I followed up with each department on a monthly basis using standardized variance reports allowing each manager to track and abide by the given budget. Operating expenditure decreased 23% by eliminating all unnecessary costs. I was in charge of interpreting financial data affecting income and expenditure trends to streamline future investment risks and economic influences. In addition I predicted future projects’ cash flow trend and turning points (breakeven/profit), and analyzed Developer/subcontractor credit worthiness from a cash flow perspective. My major role by the end of 2010 was to introduce the Hyperion Budgeting and planning application into Oger Abu Dhabi’s systems, transforming the manual basic budget process into a fully functional integrated forecasting and planning tool to be used by all department managers and executives. I am currently working on producing balance scorecard reports assessing and quantifying the performance, efficiency, and degree of development of Oger’s Business.
-Analyze financial performance using KPI’s to produce business forecasts for use in making business decisions.
-Administer budgeting processes through consulting Department manages, and reviewing cash flow streaming as well as variation trends.
-Assemble spreadsheets, draw charts and graphs and consolidate at holding level to illustrate technical reports for the CFO.
-Approve budgets and forecasts. Implement strategies to improve utilization of financial resources to boost profitability
-Use Oracle applications to generate budget and balance scorecard reports.
-Liaise and coordinate with financial institutions.
Key Skills acquired:
-Strategic Business Planning and Process Development.
-Organizational Design and process improvement.
-Cost side Financial analysis for operational and resource optimization purposes.
-Systems implementation skills (ERP, Hyperion Planning, Hyperion Balance Scorecard, Financial Reports Studio).
-Identify cost-savings ideas, revenue growth opportunities, and strategies for productivity improvements.
-Cost/ benefit Analysis