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Financial Analyst Manager

Location:
Houston, Texas, United States
Posted:
October 23, 2018

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Resume:

AHMED HASSABALLA, MBA

**** * *** ******* **** E

Houston, TX 77396

512-***-****

ac7hao@r.postjobfree.com

EXPERIENCE

General Electric Co. Aug 2005 - Present

Director of Finance (June 2015 – Present)

Sr. Finance Manager (June 2013 – June 2015)

Finance Manager (Aug 2005 – June 2013)

Coordinate business planning and budgeting process, delivering financial input and overall financial integrity of the business plan. Ensure targets are linked to business strategy and there is clear understanding of business financials, latest estimates, and comparable benchmarks.

Identify any deficiencies or inefficiencies, make recommendations to correct issue and oversee implementation of corrections on management approval. Develop and implement all policies, procedures, systems and best practices for the purpose of maintaining accurate financial information.

Develop and deliver timely, transparent and commercially insightful analysis, enabling the business to track and drive progress to performance targets.

Support the business in terms of identifying and assessing risks. Assessing cost drivers and provide management information that creates the cost transparency to drive business improvement.

Interface with Finance Operations teams in Singapore, Canada and Tewkesbury, UK particularly on transactional level accounting processes.

Develop strategy and identify opportunities for short and medium term value creation; driving daily margin optimization, annual planning and appraisal process to ensure the improvement is delivered and also develop the medium term Value Growth Plan to ensure a robust funnel of value growth opportunities is in place.

Monthly and Quarterly close and margin analysis reporting to ensure financial reporting requirements are accurate and submitted in a timely manner. Develop and deliver commercially insightful analysis and appraisal of the Manufacturing margin.

In-depth financial analyses and modeling as opportunities arise. Advice on the accounting implications of business contracts, issues and decisions.

Elevate financial discussions with the business to influence and drive business performance and value creation, with particular focus on cash flow growth to ensure strategy alignment and transparency impact on cash, working capital and other financial metrics.

Preparation of financial reports, margin analysis and monthly scorecards. Coordinates development of accounting policies and procedures. Elevate financial discussions with the business to influence and drive business performance and value creation.

Prepares and administers the budget and business plans for drilling PSL departments. Review the monthly LTF, commentaries and associated analysis of variances.

Advise management on key financial issues and financial performance. Business partner to Wireline & Sperry Drilling Systems Manufacturing management. Perform analysis and advice on how to improve margins, reduce costs and increase productivity.

Responsible for managing capital projects for North America and Eastern Hemisphere PSL region. Led capital projects meetings to evaluate capital optimization, and identifying potential business opportunities.

Coordinates financial communication between PSL controller and operations regarding impact on PSL financial results. Develop and deliver timely, transparent and commercially insightful analysis, enabling the business to track and drive progress to performance targets.

Analysis of the key elements of opportunities, and continuous improvement including capturing risk items, key sensitivities, and high level review of expenses, capital and cost structure assumptions.

Maintain internal control compliance, sampling and continuous improvement at operational facilities. Performs complex account reconciliations and associated analysis and recommends accounting-related process improvements.

Develop profit planning and cost structure models to allow management to make pricing and other decisions.

Coordinate preparation of annual business plan and budget. Prepare monthly reports, long range planning and cash forecasting, and recommendation on company performance.

Provide strategic support through research, modeling and due diligence for potential M&A transactions, and potential financings alternatives.

Monthly and Quarterly close and financial statement preparation to ensure Company financial reporting requirements are accurate and submitted in a timely manner.

Perform analysis of monthly financial statements and provide manufacturing variance reporting to all levels of Management. Assist other Managers to ensure that the on-going job costing system is accurate.

Weekly review and approval of operating expenses, commodity price forecasting and expense reports. Perform analysis and advice on how to improve margins, reduce costs and increase productivity.

Participate in external and internal audits and ensure balance sheet accounts are reconciled with supporting documentation.

Manages and monitors revenue recognition, monthly revenue forecasting, inventory turnover, and adjustments. SAP CO Profitability Analysis (CO-PA), SAP Business Planning & Consolidations (BPC), SAP Business Warehouse (BW), SAP Business Objects (BOBJ).

Maintains, loads, updates and reconciles ledger accounts, bank and inventory reconciliations and recommend actions for margin improvement.

Support marketing by providing proforma financials, segment profitability, manufacturing margin forecasting and POI analyses for senior management.

Complete review and update internal control reporting under the Sarbanes-Oxley Act., annual reports to shareholders; proxy statements, tax compliance and & SOX 404.

Manage the preparation and coordination of Form 10-K and 10-Q filings and providing support for the quarterly earnings release process. Assist with the interim and annual SEC reporting process.

Cargill Inc., Aug 2003 – Aug 2005 Financial Analyst

Training on different aspects and departments of the business. Reviewing and preparing financial budget and other financial operating reports.

Determining the production yields for different departments and the way to improve it.

Developed product competitive analysis frame, revenue forecast model, and marketing programs.

Conducting market research, evaluating financial models, and identifying potential business opportunities.

Reconciling Balance sheets and other accounts to maintain internal controls.

Month end P&L close duties. Ensure accuracy and timeliness of financial reports.

Conducted market research projects to obtain consumer insights. Proposed new product development recommendation and created marketing plan for effective channel distribution.

Financial reporting and analysis for several reports. Developed corporate financial model for strategic planning and financings.

Led revenue management and pricing projects. Designed decision models to analyze production yield, and revenue data. Significantly improved profitability by sales forecast and planning.

Small Business Development Center, SBDC Hays, KS Jan 2003 – May 2003 Graduate Student Assistant

Provided financial analysis and forecasting to various companies.

Provided market and business research for small business in Northwest Kansas.

Provided entrepreneurs and small businesses with financial and marketing advice to help get started and even improve their businesses.

Provided variance and co-variance analysis and modeling.

Estimated annual market return and beta for several companies.

Provided financial planning forecasting and management, investment management, and cash flow control.

Revised business plans for start-up companies, analyzed and forecasting P&L, balance sheet, and other operating reports.

FHSU Finance Department (Hays, KS) Aug 2002 – Dec 2002

Graduate Student Assistant

Worked on financial research projects. (Stock market prices, capitalization, portfolio performance, variances, and market return)

Determined Net Present Value and corporate share valuation for several projects.

Sat for the professors in their absence in classes.

United Capital For Underwriting Co. May 1998 – Aug 2001

Financial Analyst

Provided corporate share valuation, variance analysis, risk and annual market return for several companies in the stock market.

Performed and supervised the marketing plans for the public sector and new businesses to increase their penetration, market share, and revenue.

Provided financial planning, analysis and forecasting for banks and added-value service businesses.

Determined the Net Present Value, intrinsic value, P.B.P, Profitability Index and cash flow analysis for businesses and key client projects.

Provided profit and business planning, financial evaluations, and long-range financial forecasting for small and medium corporations.

Prepared and forecasted annual operating budgets and financial statements, portfolio administration, and performance analysis.

Coordinated with the National Investment Banks activities like Marketing strategies, presentations and financial projections for establishing a high speed train between the Spanish and Egyptian Governments.

Determined solutions, strategic and operational improvements to increase sales and net profits for some unprofitable companies.

Supervised and managed teams between United Capital and investment banks to develop and organize proposals and projects under establishment.

EDUCATION

Fort Hays State University - Hays, KS

M.B.A. Finance (May 2003) B.B.A. Accounting (May 1998) - Commerce & Business Administration College

SPECIAL SKILLS

Adept in AS400 Connections (JD EDWARDS), SAP FI/CO, SAP CO Profitability Analysis (CO-PA), SAP Business Planning & Consolidations (BPC), SAP Business Warehouse (BW), SAP Business Objects (BOBJ), Hyperion Planning/Essbase, and IBM TM1, CATS, People soft 7.5 & 8.8, TIPS, SAP, COGNOS finance, Microsoft Word, Excel, Advanced Excel (Pivots & V Lookups), PowerPoint, and Microsoft outlook.

Bilingual in Arabic and English; fair French.



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