Arif Siddiqui

Planning and Cost Controller at BRCIndustrial (Saudia) Ltd

Jeddah,Makkah Province,Saudi Arabia | Manufacturing

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• Successful Implementation of Costing and Financial Accounting System in IFS ERP .
• Reviewing the adequacy of Internal Controls and recommending changes.
• Implementation of Landed Cost in Oracle ERP Module resulting in better logistic management of leading to an Annual Saving of SAR 1.5 million.
• Converted cost centers to profit centers there by unlocking the Revenue potential of the department.
• Identifying Contribution Margins of the product/product group and directing the efforts of the sales team towards high margin products there by achieving better profitability for the company.
• Steered the Procurement team to renegotiate the Purchase term with the Vendors leading to better management of Net Working Capital and saving in Interest Cost.

• Completed CAPEX within budget with no Cost Escalations for the new manufacturing Facility.
• Established SOP’s for Key Activities to provide the employees with a clear process to follow. Thereby streamlining the process and reducing the process time.
• Achieved adherence to Annual Business Plan Numbers thereby achieveing Corporate Objectives through strict monitoring and control process.
• Successfully resolved Labor strike through tactful negotiations.

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