Rayan Alkanhal

Experience

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  Olayan Financing Company

  Sept 2014 - Dec 2015

  Finance Trainee Program

  15 Months rotation program:1- Finance Operation: Public equity, Private equity, accounting for investment in public and private equity, real state accounting and reporting and control.2- Financial Planning: Budgeting and Reporting, Detailed reviews, BPC and other consolidation tools, Policies and procedures and other tasks.3- Treasury: Cash management, Loan agreements, letter of credit and guarantees, foreign exchange risk management, OFC's liquidity report.4- Operating Company (GUFC): Financial reporting, Petty cash system, Purchase of fixed assets, Project accounting, Commercial Operations. Show less

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  Gulf Union Foods Company

  Dec 2015 - Sept 2017

  • Study and understand all relevant project documents relating to cost management.• Work with all relevant project personnel to ensure that cost control procedures are in place.• Reviewing cost commitment and expenditure information for all cost elements, for input and reporting system on a consistent basis and ensuring that all information received is accurate and correctly input.• Producing regular cost reports and advising management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner.• Highlighting cost areas of concern and suggesting areas of improvement. Show less

  • Cost Controller

    Dec 2016 - Sept 2017

  • Assistant Finance Manager

    Dec 2015 - Dec 2016
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  Stc

  Sept 2017 - now

  * Drives BU’s service, product and promotions profitability analysis on a quarterly, yearly and per request basis and shares key finding with the management.* Evaluates and validate pricing strategy for BUs according to the company strategy.* Develops strategical, commercial & financial recommendations to BU Marketing teams regarding product portfolio actions (e.g. grow, exploit, restructure, retire)* Reviews and control pricing for new BU products, rate & agreements. And for existing products having a change of price or discount. Profitability Review * Drives BU’s sales channel profitably analysis on a quarterly, yearly and per request basis.* Develops and implement standardized criteria and procedures for escalating financial reviews with significant or time sensitive concerns.* Establishes a robust monitoring and reporting mechanism to ensure Business financial reviews conducted effectively and consistently.* Oversee and partners the BU in attaining the profitability target by enhancing revenue & optimizing costs. Show less

  • Business Decision Management Director, Business Finance

    Jul 2024 - now

  • Business Decision Management Section Manager, Business Finance

    Sept 2021 - Jun 2024

  • Financial Planning Specialist, Business Finance

    Nov 2018 - Sept 2021

  • Senior Financial Planning Analyst, Business Finance

    Sept 2017 - Nov 2018