www.athman.com

2020Annual Financial Advisory

Packages

All Copy rights are reserved to ATHMAN Financial advisory

بمعايير عالميةرؤية محلية

Why Outsource?

Planning

& Strategic

Decision

20%

Budgeting &

Forecasting

30%

Accounting Operations

50%

Planning

& Strategic

Decision

70%Budgeting &

Forecasting

20%

Accounting Operations

10%

Time Spent by Finance & Accounting Professionals Before and After Outsourcing

After OutsourcingBefore Outsourcing

F i n a n c e O u t s o u r c i n g B e n e f i t s

▪ Cost saving

▪ Dedicating more time for strategic thinking and finance leadership

▪ Optimization (efficient use of resources)

▪ Accessibility to different kinds of finance professional consultants

▪ Time saving

▪ Flexibility (the ability to make the company more mobile)

▪ More standardized reports

What isATHMAN’s

Role ?

S i n c e AT H M A N h a s a s t r o n g f i n a n c i a l

e x p e r i e n c e a n d t r a c k r e c o r d t o h e l p

c l i e n t s g r o w , o p t i m i z e a n d f i n a n c e

t h e i r b u s i n e s s e s , w e a r e d e l i g h t e d t o

h e l p o u r c l i e n t s t o o u t s o u r c e t h e

f i n a n c e ( h i g h - v a l u e a d d e d ) f u n c t i o n s .

B y a d d i n g r e a l i n s i g h t s t h a t c a n o n l y b e

o b t a i n e d b y h i r i n g t h e b e s t a n d t h e

m o s t e x p e n s i v e t a l e n t s

O u r P r o c e s s

Evaluate Service DesignReports & meetings

Enlighten

Understand The client specific needs to design our services accordingly

Agree upon the required documents

and services

Deliver reports and meetings to make the best decisions for you

Recommend the best courses of actions and follow through them

Documents update

Iterate & enhance

* This process is a standard process; changes will be made depending on the business and the client need

Finance Outsourcing Levels

- Payroll processing

- Bookkeeping

- Receivables & payables aging

- Monthly cash position forecast

- Zakat & VAT

- Annual closing (coordination with

the auditors)

- Scenarios analysis- Budgeting - Cost allocation & analysis - Performance dashboards

- Investment & expansions analysis - Long term strategic planning- Grow the business value

Planning & strategic decisions

Budgeting & forecasting

Accounting operations

(with the help of a 3rd

party)

Fin

ance

Dep

artm

ent

Deliverables

O u r d e l i v e r a b l e s w i l l b e

e i t h e r r e p o r t s , m e e t i n g s o r

d i s c u s s i o n p o i n t s t h a t a d d

a g r e a t v a l u e t o y o u r

o r g a n i z a t i o n

Deliver ablesServices \ packages Basic pack. Premium pack. How often

1. BudgetingZero-based ▪ Annual

2. CostingCost allocation & profit centers

Costing policies & procedures▪ Monthly / quarterly

2. Working capital & cash managementWorking capital cycle analysis

Cash budget▪ Monthly / quarterly

Performance review & tracking

Management reports ▪ Monthly / quarterly

5. Financial forecast ▪ Quarterly6. FP&A (financial planning and analysis)

Scenarios & “what-if ” analysis

S&OP review

KFIs (key financial indicators)

Dashboard

▪ Quarterly

7. Board strategy meetingInvestment / financing decisions

Strategic direction

Company value review

▪ Annual

Bu

dg

et

ing

&

Fo

re

ca

st

ing

Pl

an

nin

g &

S

tr

at

eg

ic

De

cis

ion

s

F i n a n c e O u t s o u r c i n g M a j o r A c t i v i t i e s

Z e r o - B a s e d B u d g e t i n g ( Z B B )

▪ Start the process from a zero base rather than building on the past.

▪ Primary focus on budgeting for functionality.

▪ Optimize resources used and eliminates excess.

▪ Make the organization rethink the way it work.

▪ Time intensive but fruitful.

W o r k i n g C a p i t a l M a n a g e m e n t

▪ Improve cash cycle and planning.▪ Examine the payables and

receivables terms and days.▪ Measure the efficiency of inventory.▪ Track the cash performance against

the plan.▪ Improve collection, payment terms

and inventory purchases

F i n a n c i a l P l a n n i n g & A n a l y s i s

▪ Review the sales & operations planning cycle and realign business cells accordingly.

▪ Set the key financial performance indicators for each team.

▪ Produce scenario-based forecasts, covering optimistic, most likely, and worst-case scenarios.

▪ Create easily readable financial dashboards.

B o a r d S t r a t e g y M e e t i n g

▪ Review the annual financial performance.

▪ Recommend and discuss major investment and financial decisions.

▪ Assist in setting the strategic direction for the short-term and long-term.

▪ Conduct the company valuation and review actions that can increase its value since Athman is an accredited valuation office.

F i n a n c e O u t s o u r c i n g M a j o r A c t i v i t i e s

Notes:ATHMAN will always strive to provide you with the right tools to grow your business.

Quarterly meetings should happen to review the past performance and the future growth

and investment plans.

D e l i v e r a b l e s ( c o n t . )

S a m p l e s - D a s h b o a r d )

S a m p l e s ( W o r k i n g C a p i t a l )

S a m p l e s ( M a n a g e m e n t R e p o r t s )

Management Reports – Best Practices Daily Weekly Monthly Quarterly Annual

Performance Reports—The Past

❑ Daily revenue report

❑ Daily labor report

❑ Weekly financial report

❑ Monthly P&L

❑ Profitability measurement

Planning Reports—The Future (Phase 2)

❑ The daily room count

❑ revenue forecast

❑ P&L forecast

❑ Forecast VS budget report

❑ Cashflow forecast

❑ KPIs & Financial analysis report

Total Number of Reports 3 2 6 6 6

S a m p l e s ( F r e e C a s h F l o w )

S a m p l e s ( P & L F o r e c a s t )

S a m p l e s ( G r o s s M a r g i n S e n s i t i v i t y )

P r i c i n g F a c t o r s

▪ The nature and complexity of financial operations

▪ Legal, capital and organization structure

▪ Clients specific requirements

405: مكتبمركز جده التجاري، الحمراحي المعادي،2916

المملكة العربية 6881-23212جدةالسعودية

Looking forward Newsuccessful achievements with you

A T H M A N F i n a n c i a l A d v i s o r y J e d d a h B u s i n e s s C e n t e r , O f f i c e : 4 0 5

2 9 1 6 A l M a a d i , A l H a m r a D i s t . J e d d a h 2 3 2 1 2 S a u d i A r a b i a

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