Obaid Mohammed
Dubai,UAE
Summary
Self-motivated and accomplished finance professional with expertise in financial planning and analysis, budgeting, and forecasting. Collaborative team player with an ownership mindset and a proven track record of delivering results. Proficient in SAP, Oracle and Microsoft Office, with demonstrated success across various finance roles. Adept at driving financial strategy and operational excellence in fast-paced, ambiguous environments. Experienced in partnering closely with CEOs, CFOs, Senior Directors and Finance Controllers to align financial initiatives with organizational objectives.
Overview
11
11
years of professional experience
2015
2015
years of post-secondary education
1
1
Certification
Work history
Senior FP&A analyst
Al Kabeer Group, (a Savola Company)
Dubai, UAE
03.2023 - Current
- Lead financial planning and analysis function for AED 1Bln business unit, overseeing annual budgeting, quarterly forecasting and long-term strategic planning.
- Lead Rolling forecast monthly, quarterly and annually based on actuals and company goals and objectives.
- Collaborate with departments to streamline financial processes, ensuring alignment with budget and forecasting.
- Conducted variance analysis to identify trends, risks, and opportunities, presenting findings to senior leadership to inform strategic initiatives.
- Business partnering sales and production, working on new business cases and new proposals.
- Led supplier evaluations and negotiations, achieving 15% reduction in costs while maintaining quality standards.
- Product costing and suggesting product pricing and analyzing gross profit.
- Perform weekly sales performance analysis segmented by SKU, category, channel and region - identifying trends, growth opportunities and performance gaps.
- Prepare quarterly SKU assortment analysis for MT-9 and provide data-driven recommendations to optimize product mix and profitability.
- Develop competitive analysis reports using tools such as Clicflyer, evaluating market positioning.
- Manage ad-hoc financial analysis and reporting tasks on KPI's as required by finance leadership team.
FP&A II
FieldCore Service Solutions Inc. (a GE Company)
Dubai, UAE
06.2020 - 03.2023
- Prepared monthly financial reports for each Tool Center and region, ensuring accuracy and timeliness of financial data.
- Collaborated with Service Director and Service Managers to develop monthly, quarterly, and annual forecasts, as well as annual budget, ensuring alignment with operational goals.
- Reported financial performance by Tool Center and region to CFO and Service Director, providing actionable insights to support decision-making.
- Conducted detailed variance analysis (P&L, cost, revenue, deferrals/accruals), identifying gaps and ensuring alignment between actual results and budgeted targets.
- Drove operating forecasts and monitored conformity to financial operating plan, enabling proactive financial management.
- Led financial analysis of Tool Center operations, identifying internal control gaps and implementing cost-saving measures.
- Maintained strict cost control at cost center level, ensuring early detection of deviations and promoting operational efficiency.
- Partnered cross-functionally with sales, operations, sourcing, and logistics teams to meet revenue and cost targets and ensure accurate cost allocation.
- Coordinated with Tool Center Managers on tool rentals and resource billing, ensuring accurate revenue recognition and timely invoicing.
- Prepared and presented KPI reports for monthly and quarterly business reviews, supporting executive-level strategic discussions.
Finance Lead I
FieldCore Service Solutions Inc. ( a GE Company)
Dubai, UAE
07.2018 - 05.2020
- Prepared general ledger account reconciliations in compliance with GE accounting standards.
- Posted journal entries to general ledger and ensured accuracy in monthly closings.
- Performed monthly, quarterly, annual, and ad hoc financial reporting and analysis, focusing on balance sheet integrity and financial accuracy.
- Conducted cost analysis and calculated accruals to support accurate expense recognition.
- Handled statutory reconciliations and ensured all reporting met local regulatory compliance standards.
- Monitored cash balances and audited accounts payable payments to ensure policy compliance and appropriate fund allocation.
- Reviewed and analyzed monthly accounts receivable reports to ensure timely collections and account accuracy.
- Assisted with annual audits, preparing schedules and documentation to support external auditors.
- Conducted financial analysis and created reports as needed by management.
- Performed various ad hoc tasks and accounting duties as assigned, contributing to smooth finance operations.
Lead AP Specialist
FieldCore Service Solutions Inc. (a GE Company)
Dubai, UAE
09.2014 - 06.2018
- Managed end-to-end accounts payable processes, including invoice verification, PO matching and vendor payments.
- Improved payment scheduling, reducing overdue payables and enhancing vendor relationships.
- Ensured compliance with local tax and statutory requirements, maintaining accurate documentation.
- Managed and responded to correspondence and inquiries from customers and vendors.
- Assist in month end closing and posting journals.
- Processing scheduled payments as per calendar provided by business unit
- Maintain files and documentation thoroughly and accurately, in accordance with company policy.
Education
Bachelor of Commerce - Major Finance And Accounting
Osmania University
HyderabadSkills
- Presentation & Communication Skills
- Management reporting
- Customer & vendor management
- Sales growth optimization
- Expense reduction strategies
- Process & operational excellence
- Financial Modeling & Analysis
- Leadership & Team Development
- Financial planning & analysis
- Budgeting and forecasting
ERP & Reporting tools
- SAP
- Oracle
- NetSuite
- Salesforce
- Tableau
- Cognos
- Microsoft Office
- Power Query
- Clicflyer
Accomplishments
- FP&A | Al Kabeer: Implemented Zero based budget for 1bln sales budget.
- FP&A | Al Kabeer: Set up financial planning and analysis department and process.
- FP&A | GE: Led a cross-functional Kaizen event to enhance cost control, define PO system automation processes and reduce Cost of Poor Quality (COPQ).
- Finance Lead | GE: Ensured timely completion of statutory country audits for KSA and Bahrain, meeting all regulatory deadlines
- AP | GE: Successfully led the MEA Accounts Payable team through a seamless Oracle-to-SAP migration, mitigating risks and ensuring on-time processing.
- AP | GE: Oversaw MEA AP operations during the integration of FieldCore and GE (P&W) into GE Vernova, enabling a smooth and compliant organizational transition.
Certification
Microsoft Excel Certification – 2015
Languages
English, Hindi, Urdu
Fluent
Affiliations
- Cricket, Football, Camping
Timeline
Senior FP&A analyst
Al Kabeer Group, (a Savola Company)
03.2023 - Current
FP&A II
FieldCore Service Solutions Inc. (a GE Company)
06.2020 - 03.2023
Finance Lead I
FieldCore Service Solutions Inc. ( a GE Company)
07.2018 - 05.2020
Lead AP Specialist
FieldCore Service Solutions Inc. (a GE Company)
09.2014 - 06.2018
Bachelor of Commerce - Major Finance And Accounting
Osmania University