Ahmed Khudair

• Preparing the company's financial statements
• ERP Implementation (Microsoft Dynamics 365)
• POS Implementation
• VAT implementation
• Loan management
• Liaised with external auditors to ensure complete compliance to
  regulations.
• Reconciled accounts and resolved both internal variances and
  discrepancies in external documentation.
• Reviewed work of accounting team meticulously to maintain consistent standards.
• Maintained compliance with company standards and legal
  requirements.
• Trained and motivated accounting team to maximize performance,
  assessing work standards regularly and offering insightful feedback.
• Tracked expenses and inventory purchases against budget guidelines to maintain financial controls.
• Gathered key data and completed financial modelling to assist with
  business forecasting.
• Prepared departmental budgets, financial forecasts and variance
  analysis
• Implemented updated productivity, quality and customer-service
  standards to improve company financial standing.
• Oversaw documentation and reporting of expenses, sales and
  inventory transactions.
  
  

• Supervise all revenues AR Monthly reconciliation and related collection for 18 Restaurants
• Supervising the review of point-of-sale operations for more than 70
  thousand and making sure that all operations are included in the bank
• Supervising all credit sales with delivery companies
• Ensure that the process of integrating sales between the point-of-sale
  program and the accounts program was done in a correct manner
• Managing monthly and year-end closing process
• Managing external audit procedures
• Preparing Monthly Reports (sales Report, • B& L , Cash Flow )

• Overseeing the Financial Management for 2 companies M/s Bai Bakery (Confectionery Chain) and International Restaurant Agency (English Restaurant with brand Name Burger & Lobster) with Annual Turnover of 50 million Saudi Riyals, and leading a team of 6 officials in accounting
• Build the accounting system for International Restaurant Agency and involved during the formation of the company
• Refined the entire accounting procedures for Bai Bakery and implemented internal controls process under the guidance of Corporate Finance Office.
• Reduced the cash replenishment time from 7 working days to 3 working days
• Reduced the petty cash usage 52% by introducing the imprest petty cash system and eradicates the floating petty cash accounts.
• Improved cash management by 15% with effective negotiation with the suppliers and ensured Rebate on supplies.

Masterly Managed the General Ledgers of the company with Annual Turnover of 2 Million KDs, Assisted chief accountant in finalizing the trail balances, periodic accounting reports, supplier management and reconciliations.

• Standalone responsible to prepare the cash reports, revenue reports, revenue growth analysis and variance analysis against the budgets .
• Finalized the weekly bank reconciliations and suppliers accounts
• Daily reconciliation of the cash and revenue with all revenue streams
• Posting of general journals in the accounting system
• Preparation of the petty cash and general cash requirements
• Coordination with external and internal auditors of the company