Abdulkarim Al Abdulkarim

- Monitor cash flows to ensure sufficient liquidity.

- Prepare regular reports on cash position and forecasted cash flows.

- Manage bank accounts, and execute financial transfers.

- Coordinate supplier payments with accounting and procurement teams.

- Prepare cash flow forecasts to support financial decisions.

- Perform bank reconciliations, and investigate discrepancies.

- Negotiate with banks to improve banking service terms.

Provide and develop banking services based on company needs.

- Invest excess cash to generate financial returns.

- Ensure compliance with company policies and treasury regulations.

- Manage letters of guarantee and investment transactions.

- Build and maintain strong relationships with banks to ensure smooth operations.

- Oversee and update all working documents related to bank accounts.

- Provide the required documentation to other departments and auditors.

- Ensure accuracy by validating uploaded bank statements against the originals.

- Track, report, and resolve outstanding bank reconciliations in collaboration with the AR/AP teams.

- Prepare and submit monthly bank reconciliation reports by the 15th of each month.

- Update the daily cash position, and manage fund transfers for operations.

- Maintain and report on fund transfer status, posting entries to the General Ledger.

- Control and monitor balances for current and clearing accounts.

- Prepare monthly cash inflow and outflow reports.

- Manage the issuance of Letters of Guarantee, and report monthly on issued LGs.

- Close or open bank accounts as requested.

- Process and update exchange rates, and handle related requests.

- Track, post, and reconcile investment-related cash deposits and transfers.

- Manage and fulfill requests from the Treasury and Cash Management departments.

- Cultivate and maintain strong relationships with banking institutions.

- Ensure the accurate maintenance and monitoring of bank documents, including expiration dates, and resolutions for company profiles.

- Execute and manage Murabaha and time deposit transactions.

- Negotiate and finalize bank agreements (POS, e-banking, B2B, e-commerce services), ensuring compliance with the authorization matrix and board resolutions.

- Monitor and manage Fund Transfer Letters, daily cash flow, bank guarantees (including renewals and follow-ups), bank statements, and available cash funds in company bank accounts.

- Oversee deposits, withdrawals, and ensure accurate tracking of banking transactions.

- Prepare daily and monthly Treasury reports for management.

- Perform periodic reconciliations of bank statements to ensure accuracy, and resolve discrepancies.

- Manage petty cash disbursements, ensuring proper documentation and accountability.

- Maintain and track banking documents, including letters of credit, renewals, and expiration dates, and highlight any potential risks.

- Prepare and submit daily bank reconciliation reports.

- Process payments for accounts payable requests via checks or wire transfers.

- Handle yearly insurance renewals, review and process insurance payments, manage claims activities, and coordinate contractor insurance requirements.

- Monitor and track insurance policies to ensure compliance and timely renewals.

- Review cash sales on the system, and reconcile with point of sale (POS) data and bank deposits.

Perform regular account reconciliations to ensure accuracy, and resolve discrepancies.

- Review and record receipt entries for company branches.

- Raise and send invoices to customers in a timely manner.

- Prepare and analyze the statement of cash flows for reporting purposes.

- Match and verify goods receipt vouchers to ensure accurate inventory tracking.

- Track funds, prepare deposits, and reconcile accounts to maintain financial accuracy.

- Audit accounts to reduce outstanding debts, and report on financial progress using Excel spreadsheets.

- Review, verify, and ensure the accuracy of invoices.

- Track all payments and expenditures, including purchase orders, invoices, temporary and permanent petty cash, and other financial data.

- Examine orders, and resolve any discrepancies, or questionable items and prices.

- Enter and upload invoices into the system accurately, and on time.

- Maintain accounting controls by preparing and recommending actions in line with policies and procedures.

- Settle accounts payable transactions, and prepare a detailed accounts analysis.

- Prepare and process checks, posting transactions to journals, ledgers, and other financial records.

- Pay vendors by scheduling payment checks, and confirming payments in a timely manner.

- Review, verify, and process invoices for accuracy.

- Track payments and expenditures, including purchase orders, invoices, petty cash (temporary and permanent), and related financial data.

- Examine orders, resolving any discrepancies, questionable items, and prices.

- Enter and upload invoices into the system in a timely manner.

- Ensure accounting controls are maintained by preparing and recommending actions based on policies and procedures.

- Settle accounts payable transactions, and prepare detailed account analysis.

- Prepare checks, post transactions to journals, ledgers, and other accounting records.

- Schedule and confirm vendor payments, ensuring timely settlement of accounts.