Amazon Leadership Principles
1. Customer Obsession:
cv issue in our financial reporting system that
Situation: As a financial analyst, I identified a recurring
affected the accuracy and timeliness of export customers-related financial data. (other Export
customers)
Task: Recognizing the impact on decision-making, I took on the task of collaborating with the IT
department to resolve the system issue and improve the overall customer financial reporting
process.
Action: I initiated regular meetings with cross-functional teams, clearly communicating the
importance of accurate customer data and gathering feedback to ensure the solution met the needs
of various stakeholders.
Result: The updated system reduced errors by 20%, resulting in more reliable financial reports. This
enhanced customer-related insights, demonstrating my commitment to customer obsession by
improving the quality of financial information.
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Situation:As a senior financial analyst, I identified discrepancies in the financial reporting process that
could impact one of our client's understanding of their financial position. (NESA with Eric)
Task:Prioritize the client's needs and ensure accurate and transparent financial reporting.
Action:I initiated a comprehensive review of the financial reporting procedures, collaborated with
the client to understand their expectations, and implemented new excel tool that shows actual and
forecast values. I maintained regular communication with the client, addressing concerns promptly
and ensuring a customer-centric approach.
Result:The client expressed satisfaction with the improved reporting accuracy and transparency,
reinforcing the importance of customer obsession. This experience demonstrated my commitment to
prioritizing client needs even in the financial analysis role.
2. Ownership:
Situation: As the senior financial analyst, I found the cv
annual budgeting process for MOGE which is not
in my tasklist, needed improvement to better align with company objectives.
Task: I took ownership of the budgeting process to proactively address this issue and ensure a more
strategic approach.
Action: Implemented effective measures and strategies to enhance the budgeting process, including
accurate forecasting, cost controls with cross-funtions, and improved forecasting tool. Utilized my
leadership skills to drive these changes and peresent it to the board level and ensure alignment with
company goals.
Result:The outcome of these actions was a remarkable 20% reduction in budget variances, signifying
improved financial stability and efficiency. This achievement not only demonstrated my ability to lead
and strategize but also showcased a tangible impact on the organization's overall financial success.
Situation:Upon joining my current role, I discovered
cv a Power BI project that had been previously
handled by other employees but was not functioning correctly.
Task:Recognizing the need for improvement, I took ownership of the Power BI project to analyze its
current state and identify areas for enhancement.
Action:Conducted a thorough analysis of the existing data and codes within Power BI, pinpointing
mistakes that were causing errors in the project. Developed solutions to simplify and optimize the
program, ensuring it would function properly. Collaborated with IT and stakeholders to integrate
these solutions seamlessly into the system.
Result:The outcome of these actions was a successfully revamped Power BI project. By addressing
and rectifying the identified mistakes, the project was made to work correctly and efficiently. I
presented the improved project to the CFO, showcasing its accuracy and functionality. This not only
resolved the previous issues but also demonstrated my ability to take initiative and bring about
positive changes in project outcomes.
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3. Invent and Simplify
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Situation:Identifying inefficiencies in the process of calculating real internal growth, I recognized the
need for a more streamlined and adaptable approach.
Task:I took on the task of innovating the calculation process by creating a modular financial model
that could easily adapt to different business scenarios, with the goal of saving time and increasing
model flexibility.
Action:Developed and implemented a modular financial model that allowed for easy customization
to suit various business scenarios. This involved a comprehensive analysis of the existing calculation
process, identifying inefficiencies, and designing a more agile and adaptable solution. Collaborated
with stakeholders to ensure the model met their specific needs.
Result:The result of this innovation was a remarkable 50% time saving in the calculation of real
internal growth. The modular financial model proved to be agile, accommodating various scenarios
with ease. This not only enhanced efficiency but also increased the overall flexibility of the model,
providing a valuable tool for adapting to different business conditions.
Situation:I was approached to improve the efficiency
cv of creating the monthly Management Letter, a
document summarizing business results for the zone. The existing process was time-consuming and
required a significant amount of effort.
Task:Tasked with enhancing the preparation process, I set out to find a more effective and time-
efficient approach to streamline the creation of the Management Letter.
Action:I developed a new Excel-based system that incorporated logical improvements to the existing
process. This involved automating data retrieval, making the process less manual, and eliminating the
need for laborious copy-paste actions. The changes were aimed at making the data compilation more
efficient and the file creation more streamlined.
Result:The outcome of these actions was a substantial 60% acceleration in the creation of the
Management Letter. By implementing logical improvements and automating data retrieval, the file
became not only quicker to produce but also more comprehensible for all stakeholders. The
elimination of manual processes contributed to increased accuracy and made the data more
accessible to everyone involved.
[Link] Right, A Lot
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Situation: As a Costing Analyst responsible for Cost Consolidation and prediction, I identified a need
to improve the accuracy of our costing analyses.
Task:Tasked with consolidating Business Units' costs and handling Dynamic Forecast Costs for
different product lines, also calculation of FIFO, FX and BI Impact. I sought to disconfirm existing
beliefs and enhance the accuracy of our cost predictions.
Action:Collaborated with cross-functional teams to gather diverse perspectives on cost drivers and
potential variations. Implemented a more inclusive approach to data analysis, calculation of impacts.
Seeking input from individuals with different expertise and experiences. Actively disconfirmed
existing assumptions and refined the cost prediction models based on the collective insights.
Result:The outcome of these actions was a notable improvement in costing accuracy. By
incorporating diverse perspectives and actively seeking disconfirmation, the costing analyses and
impacts calculations became more robust and reflective of the complex factors influencing costs. This
initiative enhanced the overall reliability of our cost predictions and contributed to more informed
financial decision-making.
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Situation: In my role as a Financial Controller at Nestrate, I recognized the need for accurate financial
forecasting and analysis to guide executive decision-making and enhance investment returns.
Task:The task was to develop a precise financial forecast and analysis for Nestrate, aligning it with
benchmarks and providing insights to optimize investment decisions.
Action:I conducted a comprehensive analysis of Nestrate's financial data, Implemented measures to
ensure the accuracy of financial data, Presented strategic insights derived from the financial analysis
to the executive team. Provided recommendations for optimizing investment allocations and
identifying areas for potential improvement.
Result:The outcome of these actions was % 15 improvement in profitability returns for Nestrate. The
accurate financial forecast and analysis, compared to industry benchmarks, guided executive
decision-making effectively.
[Link] and Be Curious
cv
Situation: While working at my previous job, there was a recognized need to enhance the
presentations and financial reports.
Task: With this challenge, I was tasked with improving files and presentations, making it more easy to
understand, readable as well as correct.
Action:To fulfill this task, I actively engaged in the “Digital Ambassadors Program”, completing
multiple certification programs that covered topics such as visualizing data and driving data-oriented
presentations. I demonstrated curiosity by seeking additional knowledge independently, further
exploring techniques to enhance data visualization.
Result: As a result of my curiosity and newly acquired skills, I transformed the way financial
information was presented. The data became more visual and readable, both in presentation slides
and summary tables. This transformation garnered appreciation from upper management,
highlighting the impact of my initiative in improving the quality and effectiveness of financial
presentations. I also improved myself about this subject. It became more easy to understand data for
me.
Situation:When a friend from the sales team was unable to work for a month, there was a need for
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someone to step in and cover his responsibilities.
Task:Recognizing an opportunity to broaden my skills and knowledge, I enthusiastically volunteered
to temporarily take the task, even though it was outside my usual role.
Action:To ensure a smooth transition, I proactively learned the content of the reports my friend had
been responsible for. I took the initiative to understand the intricacies of the sales reports,
demonstrating a curiosity to delve into a new area. Before his absence, I actively sought a handover,
dedicating time to learn the details of the reports and gain practical insights into the sales processes.
I used this period not only to cover for my colleague but also to actively absorb knowledge in the
sales field while continouing my usual responsibilities.
Result:As a result of my curiosity, learning and ownership way of thinking, I not only successfully
filled in for my colleague during his absence but also acquired valuable knowledge in the field of
sales. This newfound expertise has proven beneficial in my current role, allowing me to contribute
more effectively to cross-functional projects and collaborate more seamlessly with the sales team.
Embracing the "Learn and Be Curious" principle not only facilitated a smooth transition but also
enriched my skill set and contributed to a more versatile and knowledgeable team environment.
[Link] and Develop the Best
Situation:
As a senior team member, I was assigned the task of giving a handover to a new graduate colleague
who had recently joined our team. The goal was to ensure a smooth transition and help integrate the
new team member into their role.
Task:
My responsibility was to explain the intricacies of the work, provide new perspectives, and offer
guidance on both technical tasks and soft skills development. The objective was to accelerate the
new colleague's learning curve and foster a positive environment for their professional growth.
Action:
Knowledge Transfer: I initiated comprehensive knowledge transfer sessions, covering the technical
aspects of the role, team dynamics, and project expectations. This included sharing insights gained
from my own experiences in the role.
Feedback and Guidance: Regularly checked the new colleague's work, providing constructive
feedback to highlight areas of improvement and acknowledging successful tasks. This feedback loop
was crucial in refining her skills and boosting confidence.
Soft Skills Mentorship: Shared insights on soft skills development, drawing from my own experiences
in the company. Discussed effective communication, collaboration, and time management strategies
to help her navigate the professional environment.
Result:
As a result of this collaborative onboarding approach:
The new colleague quickly grasped the intricacies of the role within a few months.
Received positive feedback from the manager, acknowledging her rapid development and progress.
Gained recognition from other departments, indicating a successful integration into the team.
[Link] on the Highest Standards
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Situation: Recognizing the impending need for preparation ahead of the company's audit, I identified
the necessity for a more robust and quality internal audit system.
Task: I took ownership of the audit process to ensure compliance and proactively mitigate financial
risks that could arise during the upcoming audit.
Action: I found self assessment, which is a preparation question list for audit, including all tast for all
department to pass audit successfully, I analysed self assessment task list, I addressed potential
financial risks and other risks for other departments. I led the preparation meetings with all
departments, ensuring that all relevant departments were aligned with risks and compliance
standards.
Result:The outcome of these actions was a well-prepared and compliant audit process. This not only
facilitated a smoother audit but also mitigated financial risks, showcasing the effectiveness of the
internal control measures. Taking quality and standarts of the process contributed to a more resilient
and accountable financial framework within the company.
Situation: As a senior financial analyst, I recognized
cvthe need to elevate standards for data accuracy
and completeness to enhance financial transparency.
Task:The task was to set high standards for data accuracy, reduce errors, and improve overall
financial transparency as part of the reporting project.
Action: I found the places where the most mistakes were made in the past, found the lack of data,
and for example, different prices for export customers were not included in the model, I added them.
I Collaborated with the team to implement tools and processes that improved the transparency of
financial data, making it more accessible and understandable for stakeholders.
Result:The outcome of these actions was a significant reduction in errors by 25% and an overall
enhancement in financial transparency. The financial reporting project not only met but exceeded
high standards for data accuracy, providing stakeholders with more reliable and transparent financial
information.
8. Think Big
Situation:Recognizing the need for enhanced scenario planning in financial forecasting, I took the
initiative to improve our forecasting process for the upcoming year.
Task:The task was to incorporate a more comprehensive approach to scenario planning by adding
worst-case and best-case scenarios to the financial forecasting file. This aimed to provide a robust
infrastructure for better preparation, strategic planning, and quick decision-making.
Action: Engaged with sales and marketing teams to gather insights and perspectives. Discussed
potential challenges and opportunities, determining key variables such as tonnage and discount rates
that would impact the scenarios. Added worst-case and best-case scenarios to the financial
forecasting file.
Result:as a result of thinking big, bias for action and dive deep, these actions was a more robust
financial forecasting process. The inclusion of worst-case and best-case scenarios, backed by
collaborative input from sales and marketing teams, improved our preparedness for uncertainties.
The structured infrastructure facilitated quicker decision-making, and the organization gained the
ability to adapt plans based on a more comprehensive understanding of potential outcomes.
[Link] for Action
Situation: I identified a situation where market dynamics and competitive pressures necessitated an
agile pricing strategy to protect profitability.
Task: My task was to recommend sensible pricing tactics that would strike a balance between
competitiveness and safeguarding profitability.
Action: I conducted a new process, with new cost structures. Collaborating with cross-functional
teams like procurement, factory, costing; I gathered insights into buying preferences and the
perceived value of our products. Based on this comprehensive analysis, I recommended pricing
tactics that would protect profitability without compromising our competitive position.
Result: The implemented pricing tactics successfully maintained profitability while ensuring that our
products remained competitive in the market, answered in agile way in issues. Profit margins
improved, and customer satisfaction remained high.
[Link]
*Situation:* In the role of a Finance Analyst, the company aimed to develop a groundbreaking
product, and I was tasked with partnering with various functions to assess the financial viability and
potential returns on investment.
*Task:* My task was to collaborate with product development, research and development, and
marketing teams to evaluate the financial feasibility of the groundbreaking product.
*Action:* I initiated cross-functional workshops to discuss the technical aspects of the product,
potential production costs, and market positioning. I conducted a cost-benefit analysis and actively
sought input from team members to ensure a comprehensive evaluation. Additionally, I explored
opportunities for cost savings without compromising product quality.
*Result:* The collaborative approach resulted in a detailed financial model that highlighted the
potential return on investment. By identifying cost-saving measures, we ensured that the product
could be brought to market profitably.
Del,ver
Situation:As part of the finance team, I was tasked with data entry and validation to
Hyperion/Oracle/FIT for accurate financial reporting.
Task: My responsibility was to ensure that financial data was entered accurately into the
Hyperion/Oracle/FIT systems, and validate the data to maintain the integrity of financial records with
the given sample document.
Action: while everyone was doing only sample document which i tougt it was low standart, I
developed a streamlined process for data entry, implementing thorough validation checks to identify
and rectify any discrepancies promptly. Instead of doing something temporary, I established a system
that is of high standard and does not allow errors. I also conducted training sessions for the team to
ensure consistent and accurate data entry.
Result: as i tought big and insisted on the highest standards, The implementation of this process
resulted in a significant reduction in data entry errors, improving the overall accuracy of financial
reports and contributing to more reliable decision-making. Also i gave my template another collagues
sine ce that—ey liked.
