Waleed Bashir Email & Phone Number

Kuwait

 Ensure adherence to leading practice, internally developed policies & procedures & IFRS to endorse integrity, compliance & accountability. Development of up-to-date business plan to meet business needs. Coordinate with system developers to ensure timely & appropriate development and execution of Enterprise Resource Planning ERP. Liaise with auditors on finalization of financial statements ensuring accuracy, timeliness and compliance to IFRS. Ensure placement of effective accounting internal controls. Preparation of timely and accurate annual master budgets and analyzing variances with actual performance. Ensure accuracy, integrity and order of all accounting records and supporting documentation for all financial transactions. Efficient Account Receivables and Account Payables management. Preparation of rolling cash flow forecasts to ensure efficient working capital and cash flow management. Build strong bank relationships & maintain optimum bank facilities Preparation of rolling cash flow forecasts to ensure efficient working capital and cash flow management.

Kuwait

• Finalization of financial statement ensuring accuracy, timeliness and compliance to IFRS and other regulatory requirements. • Preparing medium to long term business plan in collaboration with technical heads to identify financial aspects of the business. • Preparation of rolling cash flow forecasts to ensure efficient working capital and cash flow management.• Preparation of annual master budgets and analysing variances with actual performance. • ERP (Microsoft Dynamics AX2012) implementation; o Project Management & Accounting; Project Plan, Manage & Controlo AP, AR, GL, Fixed Asset and Budgeting Module; Journals, Setup & Reportingo Management Reporter; Bespoke Reporting with Financial Dimensions • Excellent relationship with bank, customers & suppliers. • Ensure accuracy, integrity and order of all accounting records and supporting documentation for all financial transactions. • Monthly allocation of supporting divisions costs to projects to identify accurate/ realistic profitability of each project. • Working with auditors to ensure accurate annual closing of financial statements.• Arrangement, management and control of General/ Project specific Bank Facilities (Letter of Guarantees, Letter of Credits , LTRs, Revolving loans). • Financial Evaluation of the business. • Efficient Payroll Management & Processing • Participation in the recruitment, selection and induction of new finance staff• Developing finance staff to build capacity to understand, process, and reconcile MS Dynamics entries.

Kuwait

 Assisting Senior Management in preparing short and mediumterm financial forecasts in line with strategic goals.  Preparation of annual Master Budget Plan and ensuring its integration with ERP (IFS). Preparation of annual Budget Dashboards for each department and for a group as a whole, to assist SM for budget review. Performing Variance Analysis for each business unit; to compare actual performance with budgets. Presenting detailed Financial Interpretation of Financial Reports at annual board meetings along with comparison with industrystandards and Finance department recommendations  Managing daily bank balances; to be aware of liquidity position. Daily monitoring of cash position, assisting AR and AP and investment unit, etc; to ensure smooth cash management.  Preparation of monthly consolidated historic cash flow statement; to view cash flow trend throughout the year.  To maintain optimum cash structure within current and OD bank accounts; making sure the interest charge is at minimum Focal Point of Contact for all online-banking and company-wide bank related inquiries.  Coordinates and communicates with bank relationship officers. Preparation of Facilities Utilization Dashboard; to monitor facility utilization levels, cost of financing etc. Assisting Trade Finance Officer in managing Letter of Credits (LC’s) and Letter of Guarantees (LG’s).  To maintain optimum facilities structure (Cash & Non-Cash) by amending facilities to match financing requirements.  Monitors all loans, promissory notes, etc. and initiates payments as the instruments mature.

Kuwait

 Preparation of Daily Revenue Report. Preparation of Monthly Revenue Analysis Report. Revenue Reconciliation between HMIS & FMIS. Coordinate with budget holders to obtain required input data for preparation of annual operating budget and capital expenditure budget. Prepare monthly budget performance reports including summary reports for executive management and detailed reports as required. Prepare monthly incentive payments to doctors based on the approved Incentive Plans. Prepared monthly Management Information Report and submit to the Finance Manager. Prepare monthly Cash Flow Statements. Evaluating all Purchase & Manpower Requests and confirm the budget provisions. Research and prepare feasibility studies to include demand analysis, estimated staffing requirements, financial feasibilities of projects using ARR, NPV, IRR & MIRR.

Kuwait

• Closing and opening of daily Construction Cost Accounts.• Reconciliation of all accounting transactions including bank transactions; prepare cash receipts vouchers and other journal entries, and make adjusting and closing entries; posting of general ledger accounts; help in maintaining expenditure and budgetary control accounts and records.• Assistance in formulation of overall company budgets and periodic reporting. • Financial and variance analysis of company’s actual performance with budgets• Assessing Capital Budgeting requirement using Investment Appraisal techniques. • Assistance in preparing forecast revenues and cash flow statement.

Master Of Business Administration (M.B.A.), Accounting And Finance, Passed With Merit B+

AMBA Accredited Dissertation Title :INTERNAL AND EXTERNAL FACTORS AFFECTING THE BANK’S PERFORMANCE: EVIDENCE FROM THE PANEL OF KUWAIT BANKS

Cma, Management Accounting

Financial Reporting, Management Accounting, Organisational Management, Project and relationship Management, Risk, Financial Strategy.

Foundation

Hssc, General Science