Mohammed Abubakar

• Financial planning and forecasting: Ensuring that annual budgeting, quarterly forecasting, and analysis requirements are achieved accurately.
• Provide meaningful, concise, and clear analysis, including variance analysis on financial issues and performance (actual versus budget, forecast, prior quarter, year, etc.).
• Ensuring that financial goals are met by managing budgeting, forecasting, and analysis.
• Working with sales heads to forecast and report on the sales pipeline, and the same is discussed with leaders in a weekly call.
• MIS Reporting: Publishing various dashboards to the leadership team (It includes a daily comparison with yesterday's numbers on BE (Confirmed business, Sales BE, and Delivery BE), BE – RTBR GAP, and Volume/Efforts GAP between Actuals and budgets.)
• Revenue accruals: Monitoring month-end and quarter-end book closure activities. Ensuring revenue is booked timely and accurately.
• Performing headcount analysis to increase utilization.
• Providing detailed analysis to business leaders of actuals, forecasts, and variances.
• Working with sales and delivery heads to forecast and report on the sales pipeline.
• Supporting RAR and AR queries, and taking them to closure.
• Ad-hoc analysis and support for Financial Planning & Analysis (FP&A) business unit analysts by being the first point of contact for issues and questions.
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A. Activities managed in customer and project code setup :

• Experience in contract review, interpretation of clauses, monitoring project status, and providing revenue projections for the projects.
• Creation of customer code in the Microsoft Dynamics tool after validating the MSA/LOE document.
• Documenting and maintaining a comprehensive process within the business unit to adhere to the compliance norms as laid down by the US GAAP method, and as per the rules laid down by the organization, in conjunction with the auditors of the organization.
• Analyze the terms of financial and pricing clauses, and analyze the impact and risk for the unit and the organization in signing certain clauses.
• Assisting the Delivery/Sales Team in preparing the contracts, such as FP, TM, CTM, and UOW contracts, etc.
• Auditing the contractual document, such as contract type, nature of scope (maintenance/non-maintenance), terms, and billing (fixed price FP/CTM, TM, UOW, etc.).
• Act as a financial advisor to project leadership by monitoring project profitability, performing forecast (PBS Tools) versus actuals analysis (ALCON), proactively flagging potential risks, and recommending mitigation plans to project managers.
• Updating the contract clause in the system, such as the Overtime Clause, Termination Clause, Expense Clause, Beneficiary Clause, Tax Clause, Indemnity Clause, Acceptance Clause, Bonus Clause, Warranty, etc.

B. Activities in Discount Payout –

• Responsible for making discount payouts for clients with regard to volume discounts, relationship discounts, SLA penalties, and any other discounts agreed upon in the contract.
• Estimate the volume expected for a period, and create a provision accordingly based on the slabs agreed upon in the MSA.
• Validate the estimation at regular intervals.
• At the end of the period, compute the discount amount to be paid to the client based on the volume and slab agreed upon in the MSA.
• Prepare month-end/Qtr.-end schedules for management review.

C. Activities managed in accounts receivable.

• Regular follow-ups with project owners for SOWs and purchase orders for the respective projects.
• Follow up with clients in case of any discrepancies, and correct them to receive the payments on time.
• Creation of invoices for the customers and submitting them through EDI/mail.
• Reconciliation of customer accounts.
• Correcting the consultant's and contractor's time entries and expenses to comply with the projects.
• Follow ups with project owners in order to bill the clients for the overdue Work In Process (unbilled WIP).
• Follow up on past-due invoices with customer(s).
• Ensure the completion of billing in line with projections, and report on the reasons for variance.
• To ensure that no revenue leakage occurs on account of invoices that have been canceled.
• Monthly meeting with internal information system team representatives to discuss and identify solutions for the issues faced during the month-end and quarter-end.

• Investment banking process, I was handling GIC (Singapore wealth fund) along with few AUS banks portfolio.

• (Yahoo – Search engine process)