Karim Hamdy

Finance ManagerFull Time

• Job Details:1. Managing financial accounting, reporting, internal control and cash flow management. 2. Manage and ensure that audits are conducted smoothly and statutory filing are done on a timely basis. 3. Resolve various issues with the auditors by providing information and explanations. 4. Review vendor contracts and ensure that they comply with the pricing policy, tendering process and are done in the best interests of the company and on best terms. 5. Working closely with the CEO and rest of the management team and provide them with reports/inputs as may be necessary for managerial decision making. 6. Setting up accounting and reporting systems, processes and policies. 7. Preparation of financial statement. 8. Develop and ensure implementation of goals, policies, priorities, and procedures relating to financial management, budget, accounting, and/or payroll. 9. Manages the finance staff who are responsible to entry and maintain the books of their respective entities, do the financial reporting, billing, collections, payments

Chief AccountantFull Time

• Job Details:1- Review all the incoming invoices and review the supporting documents / contract. 2- Prepare monthly salaries & prepare the needed transfers. 3- Prepare the PIT & Social securities calculation & payment. 4- Prepare the Accruals & Month closing entries. 5- Raise monthly invoices using SAP. 6- Clear Payments from customers on SAP. 7- Prepare monthly customers reconciliation file (aging report) & follow up with customers. 8- Follow up with the external & internal auditors. 9- Prepare bank reconciliations.

Cost control managerFull Time

• Job Details:A – Cost Control Activities: 1- Review all the incoming invoices and review the supporting documents / contract, apply the Account number & AFE code and bill code for recoverability. 2- Review the service tickets & supportings and make sure it matches with the invoice amount and apply the needed discounts in case of delay or poor performance. 3- Prepare the monthly management report on a monthly basis with the actual Vs budget & variance clarifications. 4- Prepare Aging report for all the crude oil invoices raised & Collections for EGPC receivables & reconcile Company's balances with EGPC. 5- Perform Audit on partner’s Expenditures Vs Cashcalls paid & discuss the findings with the partner’s finance team. B- Cost Recovery Activities: 1- Review the G&A recorded by the finance team and accordingly prepare the cost recovery statements & Crude oil recovery Statements on a quarterly basis. 2- Follow up with the EGPC auditor & negotiate the findings 3- Arrange outstanding settlement with EGPC. 4- Raise, follow up and clarify the back charge invoices on the JV based on the EGPC recommendation. 5- Reconcile the recorded invoices with the JV and accordingly reverse these invoices from our books in the Cost recovery statement. 6- Assist the JV with any clarification needed to record the charged invoices. C- Chief Accountant: 1- Review the journal & AP entries for Kuwait energy “Corporate “and the 2 concessions (BEA and Abu Sennan) 2- Review and reconcile vendors accounts and prepayments for the monthly closing 3- Review and reconcile all intercompany accounts 4- Review checks and transfers to the Vendors by the end of each month 5- Prepare bank reconciliation on a monthly basis 6- Prepare the month closing report "MIS" 7- Prepare the cost recovery statement on a quarterly basis and follow up with the EGPC auditor 8- Prepare the financial statement & needed document for the external auditors, group auditors and review the auditor's report 9- Prepare Partners cashcall report for the expenses on a monthly basis. 10- Prepare the fixed assets file with the purchase date and Depreciation. 11- Prepare the Accruals & Month closing G&A allocation. 12- Prepare the handover files for the JV (after JV Started) based on EGPC recommendation. 13- Review & Record the JIB received from JV. 14- Review and discuss the Cashcall received from the JV and transfer the approved amount.