Saud Butt

• Responsible for general accounting functions and the preparation of reports and statistics reflecting earnings, profits, cash balances, balance sheet reconciliations and other financial results.
• Manage the working capital of the entity by ensuring timely receivables actions expediting vendor payables in a manner beneficial to the entity and in a socially responsible manner whilst keeping tight control of inventory levels.
• Interact with the department heads to resolve budget issues and financial needs monitor all financial transactions in order to ensure purchasing activities comply with agreed budgets and highlight deviations from budgets.
• Assisting the reporting managers for the preparation and review of Final Accounts in compliance with IAS & IFRS.
• Completed month and year-end close procedures, and reconciled all bank accounts.
• Reporting and calculation of VAT risk assessment and precautionary measures.
• Successfully saving cost of vehicle’s repair approx. AED 200k.
• Generated and presented monthly financial statements to senior management.
• Conducting & assisting internal & external audit, fulfilling the requirement for the desire records & documents complying the financial data with the implementation of IFRS.

• Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
• Preparation of monthly Projected Cash Flow for management decision.
• Prepared and distributed financial statements and reports, including variance reports, regulatory filings and related schedules.
• Preparation of monthly employee’s payroll as per WPS and online salaries transfer in a bank.
• Keeping record for existing tenants and their updated record of the expiration of tenancy contracts.
• Created and implemented procedures and best practices for bank reconciliation process and completed balance sheet reconciliations.
• Resolved issues in efficient manner and maximised customer satisfaction scores.

• Generated and presented monthly financial statements to senior management.
• Establish and implemented internal control (e.g. IAS compliance) throughout the company in order to maintain integrity and accuracy of financial reports.
• Preparation of monthly Vendor/Customer/Bank reconciliation statements.
• Preparing Monthly Payment Schedule and ensuring timely payments to creditors.
• Fixed asset accounting, preparing depreciation & prepaid expenses schedules.

• Responsible for controlling long term Turnkey projects of worth over SAR.300 million.
• Successfully achieved & improved the project margin by 50% Via claim management & Risk management implementation.
• Achieved annual saving by 2 million by implementing cost controlling techniques for on going projects.
• Cost controlling & improvement in margins of assigned projects.
• Budgeting/Forecasting & monthly closing.
• Monitoring of Cash Flows & Currency Hedging.
• Coordination of monthly sales booking and timely revenue recognition.
• Internal, / External CFA audit compliance / processes.
• Dealing with Logistic department and forwarding agent for the clearance of incoming shipments.
• Risk / Claim Management techniques & implementations.
• Reporting of monthly project's result to Management & analysis of forecast Cash in/out flow.
• Project negotiation with international customers and meetings (Italy, Germany, China, UAE) together with sales team.

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