Balveer Shekhawat
Financial Consultant @SAUDI AIRLINES
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WORK HISTORY
Financial Consultant @SAUDI AIRLINES
Jeddah, SA
Profile consisting of Financial Planning and Controlling, Financial Modelling, Profitability Analysis, Financial Forecasting, Formulation of the Budget guideline, ROI analysis of new projects, professional advisory and implementing industry best practices for the airline.Finalization of Annual budget (ZBB) of Billions of dollars at Saudi Arabian Airline. Planning for budget timeline and preparation of budget calendar. Additionally, periodical follow-ups with various stakeholders for timely completion of the budget process. Communication of weekly status report to higher management.Planning and formulation of process of data collection from stations spanned over the globe.Design and creation of data collection templates from stations for centralized and de-centralized costs.Analysis and Review of direct and indirect costs with respect to the operating plan.Communication of observation and review meetings with higher management.Weekly release of projected P&L to higher management with comparative analysis for the last 5 years.Periodical Budget version uploads in SAP during the process of budget finalization.Preparation of variance summary report for YOY budget changes for higher management for the final budget.Preparation and upload of the final budget for the airline at the cost center and account level.Communication of divisional and functional budget to various stakeholders and respond to queries related to the final budget.Analysis and Preparation of monthly financial performance report with industry trends and the short-term forecast.Day to day monitoring of off-colored accounts and analysis thereof.Periodical Budget review and report to management for critical issues.New system (SAP-BPC) implementation and administration for the budgeting process.Technical analysis of the budget for the evaluation of return on investment.Training and mentoring of team members.
EDUCATION
CFA Institute
CFA Level 1 (Passed), Banking, Corporate, Finance, and Securities Law
Maharaja Ganga Singh University, Bikaner
Bachelor of Science (B.Sc.), Biology/Biological Sciences, General
The Institute of Chartered Accountants of India
Chartered Accoutancy, Accounting and Finance
SKILLS
ABOUT BALVEER SHEKHAWAT
Experienced financial analyst with a demonstrated history of working in the Business…
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