Saud Butt Email & Phone Number

Dubai, Ae

United Arab Emirates

United Arab Emirates

• 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.• Functioning as the head of the team for preparing the tax returns and input/output tax entries, In a system.• Conducting accurate calculations, backed-up with due documentation, and be able to submit VAT Refund claims.• Coordinate periodic VAT reporting with support of business operations and Company indirect, Tax.• To ensure timely preparation and submission of all VAT returns, and VAT payments.• Co-ordination in periodic VAT reporting to ensure timely preparation and submission Of all VAT returns, and VAT payments.• Timely response to queries from tax authorities, including local VAT audit.• Reporting and calculation of VAT risk assessment and precautionary measures.• Preparation of monthly vendor’s ageing report.• Monthly fixed asset register record updating, adjustments/Addition and entries.• Assisting with Managers for the preparation and review of Final Accounts in compliance, With IAS & IFRS.• Preparation of monthly Projected Cash Flow for management decision.• Preparations of monthly sale invoice and follow up.• Keeping the record for recurring entries on monthly basis.• Bank reconciliation.• Successfully provide the solution of cost saving for the vehicle’s repair cost in specific, Area by own execution which save approx. AED200,000/- for the company. • Successfully streamlined the process of inventories/ Stock Taking.• Assistance HR in preparation of employee’s end of service indemnities and payments.• Arrangement and assistance in staff payroll and release of funds, entries/adjustments.

• Responsible for Journal entries of Cash receipt, Payment, Voucher, Bank’s Vouchers & JV’s.• Preparation of monthly Projected Cash Flow for management decision. • Preparation and review of Final Accounts in compliance with IAS & IFRS.• Preparation of Account Payable/Receivable reconciliation.• Preparation of monthly employee’s payroll as per WPS and online salaries transfer in a bank.• Monthly review of financial reports and necessary action for the adjustments.• Keeping record for existing tenants and their updated record of the expiration of tenancy contracts

United Arab Emirates

• Establish and implemented internal control (e.g. IAS compliance) throughout the company In order to maintain integrity and accuracy of financial reports.• Designed the monthly closing process including segmental reporting as per IAS; redesigned And upgraded the fixed asset and depreciation process. • Streamlined the accounting process such as Journal entries, Payment, Voucher, Bank Vouchers and the timely entries in the system.• Preparation and review of Final Accounts in compliance with IAS & IFRS.• Preparation of monthly Bank reconciliation statement.• Streamlined the process of inventories/ Stock Taking.

Saudi Arabia

-Responsible for controlling long term Turnkey projects of worth over SAR.300mio’ as follows: -Percentage of completion (POC), -Completed Contract Method Projects (CCM), Product Business.• During my working in Siemens Ltd KSA, I had successfully achieved & improved the project margin by 50% Via implementation of Claim & Risk management measures.• Achieved annual saving by Saudi Riyal 2million by implementing cost controlling techniques for the On- going Projects.• Mapped business objectives and strategic goals for the department through a series of meetings with Project Manager’s and team delivered a balanced scorecard and established as a regular tool.• Responsible for Profit/Cost center of the department.• Cost controlling & improvement in margins of assigned projects.• Budgeting/Forecasting.• Monthly & quarterly closing.• Orders booking through SAP PS Module.• Development of Work Break Down Structure in SAP.• Preparation & regular updating the Project’s forecast or KPIs.• Monitoring of Cash Flows & Currency Hedging.• Review of relevant/ non relevant costs for POC accounting.• Co-ordination of monthly sales booking and timely revenue recognition• Mid Term Calculation for transparent business results and for audit purposes.• Preparation of contract Agreement for sub-contractor & Suppliers.• Improvement for quality of budget and forecast figures.• Internal, / External CFA audit compliance / processes.• Dealing with Logistic departments. keeping the track of all the project related shipment delivery dates with the suppliers.• Risk / Claim Management techniques & implementations.• Support in commercial offer preparation.• Dealing with Banks / Customers, LC's.• Keeping track of contract clauses provisions till completion.• Project billing as per contract clauses and milestones. • Project negotiation with international customers and meetings (Italy, Germany, China, UAE) together with sales team.

Education record

Bachelor Of Commerce - Bcom, Bachelor Of Commerce

Senior Industry Business Administrator, Business Administration And Management, General, Diploma