Nabeel Amjad

• Developing and maintaining comprehensive financial forecasting models, encompassing all aspects of the business, including sales, net profit, and cash flow. These forecasts are used to support strategic planning and decision making, and are updated on a monthly basis with a rolling three-month forecast
• Leading the annual budgeting process for the organization, by collaborating closely with departmental leaders to gather inputs and review data. Through extensive analysis and discussions, it is ensured that budgets are both ambitious and achievable, and that they align with the organization's overall strategy
• Conducting financial analysis and evaluation of potential projects using tools such as NPV, IRR, and payback to provide cost-benefit analysis to management and inform strategic decision-making
• Managing the month-end closing process for the organization, including the execution of closing cycles in SAP, and ensuring the accurate recording of costs and revenues in the system as per accounting principles
• Used Microsoft Power BI tool to generate business report for daily margins and OWC aiding business visibility and decision making
• Performing in-depth financial analysis on a monthly basis, to compare actual results to forecast and budget, and identify variances across the financial performance indicators, including sales, production cost, working capital and profitability
• Conducting customer profitability analysis and aging to understand the financial performance of each customer and identify areas for improvement. This includes analyzing data, identifying trends and providing recommendations to improve customer profitability and minimize credit risk
• Preparing and delivering all management and statutory reports for the business, including financial statements, performance indicators, BOD pack and other relevant reports
• Facilitating and coordinating external and internal audits for the organization, by working closely with third-party auditors and departmental heads to provide the necessary data and information
• Promoted successful investment plans with well-organized and smooth presentations

• Provided regular updates to senior management by delivering a monthly rolling forecast, highlighting risks and opportunities
• Supported annual budget for the entire operating unit, collaborating with key stakeholders to ensure alignment
• Utilized extensive scenario planning to support business decision-making and improve forecasting accuracy
• Conducted detailed analysis of conversion costs, including variable and fixed overheads, to identify cost savings opportunities
• Led improvement projects and validated total delivered cost savings
• Presented monthly variance reports to technical management to identify potential risks and opportunities
• Conducted internal and external product cost benchmarking to assess performance
• Coordinated with internal and external auditors, and ensured compliance with established standards
• Performed monthly closing activities to ensure accuracy and timely completion

(A member firm of the PwC network)

• Design, Development and Implementation of different budgeting areas including Human resource planning, Loan disbursement, Loan recovery, OPEX, CAPEX, Sales and Production etc.
• Design, Development and Implementation of different budgeting scenarios including Forecast, Rolling Forecast, budgeted vs. actual and What IF analysis (i.e. Budget Simulation Model) and other MIS reports providing analysis tool to top management for review and decision making
• Understanding of client's business model and processes and stating detailed “AS-IS” document
• Formulating functional design document stating detailed “To Be” processes for client's budgeting activities
• Setting up detailed planning unit hierarchy for client
• Management and user report requirement understanding and setting up management reports for budgeting and financial purpose
• Mapping and preparation of consolidated financial statements of client's
• Supporting client in performing day to day tasks e.g. budget preparation, data loading, user management, variance analysis etc.
• Finalization of mapping of Chart of Account
• Configuration of Hyperion financial data quality management for mapping of Hyperion COA with various transactional applications.
• Training and testing of power users