Abdullah Alaqidi

Process Budget Transactions, implement Cyclical Budget Planning and Reporting for Company’s Divisions by providing data and guidance on budget policies, procedures, and transactions.
More specifically:

Budgeting:

. Responsible for Maintaining & Analyzing Inventory Performance for improving Inventory Turnover.

. Contribute in communicating the annual budgeting process with other division’ team members. Assist in enforcement of the annual budget process timeline.

. Ownership of presenting all the new required budget templates to respective division’ team members. Ownership of updating the documentation of the annual budget manuals for the line manager’s review & sign off.

. Reporting

. Obtain financial information/data needed for all regular reports from finance division.

. Ensure the accuracy by cross checking, verifying & analyzing all the obtained financial data.

. Create /update documentation of all reports’ manuals for the line manager’s review & signoff.

. Prepare daily/weekly financial reports assigned by the Line Manager.

. Participate in preparation of monthly/quarterly/annual financial reports.

. Assist in building financial models & reports to develop reporting templates/tools.

. Contribute to the identification of opportunities for continuous improvement of processes, practices, work processes, cost effectiveness, and productivity enhancement.

. Follow daily operations to ensure work continuity

. Ensure the satisfaction of internal and external customers by addressing their needs in a courteous and timely manner.

. Responsible for Maintaining & Analyzing Inventory Performance for improving Inventory Turnover.

. Identify Stock Gaps in all online and offline Retail Channels as per Sales History, Demand Reduction & Supply Gaps by Reviewing Forecast Plans.

. Participate in preparing the long-term Procurement budget.

. Maintain Sales & Purchase Forecast Plan as per Sales Target of Organization.

. Monitoring the Warehouse Reorder point in basses.

. Monitoring the whole organization stock level on a daily basis.

. Monthly & Quarterly Tracking basis of Demand & Supply Activities.

. Manage new product integration into Demand & Supply chain planning and Forecasting.

. Tracking forecast plan with actual Results, update them monthly with actuals and analyze the variances.

. Oversee daily stock levels of all organization Sales Channels

. Coordinate with the Commercial Department to make sure the workflow runs smoothly.

. Monitor and control stock turnover through proper reorder to ensure that the right order needed to provide customers with the required Items is always available.

. Manage stock levels and make key decisions about stock control to meet the store’s inventory.

. Analyze sales figures and forecast future sales volumes to maximize profits

. Check and review daily stock reports, out-bound delivery monitoring.

Responsible for the planning, ordering, monitoring and controlling Setting and establishing sound Planning Practices and Inventory Control Parameters that would ensure Availability of Stock at all times at all times.

Maintaining optimum levels based on periodic review looking at actual historical Sales Performance, study the fluctuations in Sales.

Using world class Planning & Forecasting Systems as well as Best Practices to forecast Demand

Specifically, my area of responsibility included the following:

. Collecting & validating all relevant data related to Sales Forecast taking into account seasonality and inventory targets in Value and in Volume.

. Responsible for Preparing Annual Purchase Plans (AAPs), Vendor Schedule Advise (VSA), Projected Ending Inventory (PEI).

. Compare Demand Plans with Supply Plans and highlight exceptions and concerns (if any).

. Highlight any issues and recommend action plans and solutions to prevent potential problems (overstock, below stock, stock outs, expired or obsolete materials, etc.).

. Place purchase order (PR) in ERP system and do the necessary follow up.

. Monitor, follow up, and analyze data to ensure that all goods are available on time and in full to achieve sales.

. Monitor, analyze, follow up and adjust to ensure that all stocks are in line with the agreed company inventory control stock policy (i.e. Safety / Buffer Stock, MOQ, LT, Min Max).

. Analyze and distribute the goods by regions according to the consumption and optimum level of stock (Inter branch transfer – IBT)

. Planning tools maintenance and update and ensures accuracy and timeliness of the actions which need to be done (PR, Reports, KPIs).

PERFORMANCE MEASURES (KPI’s) USED TO MONITOR PERFORMANCE

. Value of PR vs PO for the Month

. PR o PO (average number of days)

. PO to Receiving

. Number of Day Stock at the Warehouse

.Day Stock by Categories

. Freshness of the Stock by Category

. Value of PR vs PO for the Month

Worked closely with the Account Receivables Team to provide financial and administrative services to ensure efficient, timely and accurate payment of accounts

. Specifically, my responsibilities included the following:

. Communicate with customers via phone, email or personally

. Assist with month-end closing

. Collect data and prepare monthly Metrics.

. Maintain up-to-date Billing System.

. Generate and send out invoices, follow up, collect and allocate payments

. Carry out Billing, Collection and Reporting Activities according to specific deadlines.

. Perform Account Reconciliation.

. Monitor Customer Account Details for non-payments, delayed payments or other irregularities

§ Research and Resolve payment discrepancies

§ Maintained Accounts Receivable Customer Files and Records

§ Process Credit Card payments

§ Help to investigate and resolve Customer queries

§ Assist with month-end Closing

. Customer Service

. Answering Phones

.Taking Messages

. Problem Resolving with Customer Claims

. Organizing & Scheduling Appointments