Moataz ElZeki
Corporate Budget Manager
Budgeting
Accounating
Financial Analysis
Forcasting
ERP , Oracle
41 years old
Driving License
Riyadh Saudi Arabia
Employed
Available
Currently working as Corporate Budget Manager in Al Gihaz Holding. Their main business is Power Plant installation and commissioning involve in multi billion riyals projects throughout the Kingdom of Saudi Arabia, I am the key responsible person in the budgetary control and cost reporting providing my support with the team of 5 persons. My reporting structure is matrix, report to Budget and Costing Manager, Group Projects Control Manager, CFO and Business Units Managers
Corporate Budget Manager
Al Gihaz Holding
Since July 2017
- Lead development of institutional planning and budgeting process (both revenue and cost), including the development of the budget manual and templates, creation of tools to develop work plans, work with programs developing budgets, and reconciliation of budgets with company financial goals
- Develop regular financial reports and analysis forecasting and trending budget performance and institutional financial positioning for VP, Finance, and Operations and Senior Leadership team
- Assist the VP of Finance and Operations, Chief Operating Officer, and executive leadership team on special projects that require financial analysis
- Lead processes and communications regularly working with department/region budget owners across the organization to monitor and revise budgets throughout the year and life of project(s)
- Ensure compliance with current budget and spending policies, and propose improved policies and systems regarding spending guidelines, cost savings, cost allocation, and annual planning
- Develop and maintain templates and SOP’s related to budget management
- Work with the Finance team to streamline internal financial reports and reporting processes to deliver more efficient, more effective, and more useful reports and analysis
- Oversee the preparation of the departmental budgeting templates for budget owners to use (upload historical data, verify data for accuracy and consistency, project annual budget to use as base
- Perform quick bottom-line analysis to determine the status of the budget against financial objectives
- Perform actual vs budget analysis; provide explanations as needed, Perform ad-hoc analysis
- Provide training to staff on budget management processes and systems
S. Budget & Financial Analyst Officer
Al-Gihaz Holdings – Riyadh, Kingdom of Saudi Arabia
Since January 2012
- Prepare consolidated budgetary & Cost reports for Executive Summary and recommendations for Decision Makers.
- Compile Sectors Budget & Cost Reports with analysis, Interpretation and reporting.
- Work with cross functional teams to drive project based forecasting, budgeting & Cost reduction plan.
- Analyze various financial metrics including project costs and operations metrics. Prepare Capex analysis and maintenance of budget utilization against Capex.
- Preparing written commentary for Executive Management of monthly operating results VS forecasts / budgets.
- Prepare projects monthly cash flow forecast and fund requirement.
- Evaluate project direct cost and overhead structure, profit margins, and calculate ROI
- Create and prepare ad hoc analysis as required to assist in project monitoring & analysis, project finance and cost control.
- Prepare budgeted report of intercompany transactions relating to material purchased, vehicles & equipment rented, accommodation & facilities rented and services performed
- Provide guideline to budget staff for change in effective policies & procedures. Co-ordination with other departments for polices and budgeting matters.
- Provide training and orientation to new induct staffs especially guidance relevant to the use of company assets, rules
- Prepare monthly, quarterly & annual budgetary & performance reports
- Prepare financial feasibility for the project by considering group resources, expertise, available financial support from banks and group strength.
Budget Officer
JAWDA Engineering Consultants (JEC) – ـJeddah, Kingdom of Saudi Arabia
January 2009
to December 2011
- Involves in budget preparation, approval and loaded in system.
- Involve in project performance estimate, Business Unit & group performance monitoring, reporting & presentation & Review tender sheet and provide analysis for management action.
- Prepare monthly, quarterly & annual budgetary & performance reports.
- Regularly monitoring variances and deviations from planned activity and identify the reason for deviation and changes to report the corrective action from responsible.
- Meet group compliances by weekly and monthly submission of projects & overhead balances and providing forecasted fund flow.
- Prepare required schedules and submit required information as required by internal and external auditor.
- Maintain company record to meet legal and documentary requirement.
- Involve in the development of budget procedure. Provide input to streamline process and achieve desired result
General Accountant
Alex Company for Rubber, Plastic & Metal Products – Cairo, Egypt
August 2004
to November 2008
- Construct data accumulation systems for cost reporting.
- Create and review the controls needed for data accumulation and reporting systems
- Report on periodic variances and their causes, focusing in particular on spending and capacity variances.
- Conduct ongoing process constraint analyses.
- Forecast breakeven points by products, work centers, and factories
- Forecast of Report on margins by product and division & Review standard and actual costs for inaccuracies.
- Coordinate physical inventory counts and cycle counts
- Prepare & Maintain Fixed Assets Register & Update standard costs in the bill of materials
- Validate the cost of goods sold as part of the month-end close.
- Accumulate and apply overhead costs as required by generally accepted accounting principles.
- Fully involved in funds recovery by customer against invoices, Preparing Statement of accounts for customers
- Preparation of Reports to the Highest Levels of Management & Assist in all billings are in contractual requirements, perform sales analysis reports on daily, weekly and basis, prepare trial balance
