Khalid Abuzaid

Finance ManagerFull Time

• Job Details: Provide financial reports and interpret financial information to managerial staff while recommending further courses of action.  Advise on investment activities and provide strategies that the company should take  Maintain the financial health of the organization.  Analyze costs, pricing, variable contributions, sales results and the company’s actual performance compared to the business plans.  Develop trends and projections for the firm’s finances.  Conduct reviews and evaluations for cost-reduction opportunities.  Oversee operations of the finance department, set goals and objectives, and design a framework for these to be met.  Manage the preparation of the company’s budget.  Liaise with auditors to ensure appropriate monitoring of company finances is maintained.  Correspond with various other departments, discussing company plans and agreeing on future paths to be taken.

Chief AccountantFull Time

• Job Details: Preparation and presentation of monthly, quarterly, and annual financial statement.  Organize the work with internal and external auditors, bank and regulatory agencies.  Prepare reconciliation of bank statement, AP and AR periodically and report if any discrepancies found.  Prepare, review and posting revenue, expenses and payroll entries.  Ensure all payments to suppliers, staff and other external parties are made according to the company policies and procedures.  Analyze revenue and expenditure trends, recommend appropriate budget level and ensure expenditure control.  OLP gate way deal, process, following up and reconciliations.  Cash management, open bank accounts and payroll agreements.  WPS payroll process.  Zakat (Tax) and VAT responsible.

Chief AccountantFull Time

• Job Details:1) Budgeting  Assist Users in the preparation of the divisional budget by providing support related to guidelines, estimation forms, cost allocation, budget phasing and variance analysis reports.  Ensure that proposed budgets are in line with the long term and the annual operating plan.  Particular attention and review of the Capital Projects and Extra-ordinary works to ensure that capitalization and classification rules are properly followed. 2) Authorization for Expenditure  Control the process of AFEs including the use of correct purpose forms, completeness of data, appropriate cost allocation and approvals to ensure that the Company’s procedures are adhered to. 3) Commitments / Accruals Follow-up & Control  Conduct the budget availability check prior to commitments by Users.  Ensure that appropriate cost allocation is made.  Maintain necessary commitments registers and follow system records.  Ensure with Users that accruals are being timely and correctly made in the system/manually and that accruals are timely and correctly cleared. 4) Invoice Processing / Actual Costs  Check and follow-up invoices processed in the system.  Process manual invoices against commitments and approved receipts and ensure the correct cost allocation in invoices.  Maintain necessary registers for invoices in line with system reports. 5) Financial Processes & Procedures  Responsible in the preparation of monthly closing reports, interim financial statements and final financial statements along with relating reports & disclosures.  Participate in the preparation and improvement of financial processes.