Khalid Bhutto

Led a robust team of Accountants in handling investment portfolios and implementing SAP B1 ERP with customized reports, resulting in streamlined operations and increased efficiency.
• Successfully managed a corporate merger to centralize setup, saving 15% in indirect costs and ensuring smooth transition for the company.
• Trained the team on IAS & IFRS standards, reworked accounting books, and implemented company-wide policies to ensure compliance and best practices.

Managed a team of 25 GL Accountants across 6 restaurant brands with 50 outlets, ensuring accurate financial reporting
• Implemented cost-saving strategies resulting in a 15% increase in profit margins
• Streamlined administrative processes, reducing operational costs by 10%

Financial Reporting
 Manage all Group consolidated Financials statement.
 Supervise monthly and annual reports to identify results, trends, and financial forecasts
 Supervise and manage financial department staff, including accountants and financial assistants for UAE- Qatar -
Oman.
 Supervises all incoming and outgoing financial transactions to enforce defined accounting standards
 Ensure that all financial transactions are properly recorded, filed, and reported
 Examine all financial reports and data closely to check for discrepancies
 Inventory Management
 Led Inventory software implementation project throughout the companies
 Oversee inventory and supply chain management according to company guidelines
 Evaluate critical inventory procedures to ensure the correct quantity of items are in stock
 Supervise and direct cost controlling team to have accurate records of inventory, including transfers and cycle
counts
 Review documentation and monitor for variances between stock and records
 Develop and implement improvements to existing operational procedures in order to maximize efficiency and
cut operations costs
 Prepare, generate, and file financial inventory reports
 Review reports monthly with management
 Cash Flow Management
 Prepare and review weekly Cashflow position
 Manage cash flow by tracking transactions and regularly reviewing internal reports
 Ensures adequate liquidity to meet the organization's financial needs.
 Weekly review of accounts receivables and discussion with credit and sales department.
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 Budgeting & Forecasting
 Updating current project financial models and track and benchmark actual data to budget and update and
benchmark latest forecasts and cost reduction opportunities.
 Supervise the functions within the department during budgeting process and during times of exceptional
pressure and demanding strategic initiatives & projects.
 Recommendation of corrective measures in matters having financial implications where budget deviations are
substantial
 Investment Appraisal
 Supervise feasibility studies for potential investment and valuations, by using financial modeling skills and
finance techniques to calculate returns, project & equity IRR, NPV, cash flows, payback, debt-cover-ratios.
 Bank & Treasury
 To build strong personal contacts with banks, leasing companies and financial institutions to get assistance in
financial matters to fulfill organizational needs.
 Manage the treasury function and the raising of funds through Banks.
 Ensuring compliance with and providing advice on group treasury/reserves/banking policy and asset
management.
 Audit Management
 Group external audit liaison on behalf of the Group CFO. Collaborate with auditing services to ensure proper
compliance with all regulations
 Review and resolving audit questions with external
 Collect and analyze data and key indicators to detect deficient controls, duplicated effort, extravagance, fraud,
or noncompliance with laws and management policies.
 Evaluate and report audit findings. Recommend changes to correct unsatisfactory conditions, improve
operations, reduce costs, and ensure compliance with applicable requirements.
 Other Responsibilities
 Ensuring timely and Cost-Effective Financial Management through effective management and sound advice to
key contacts
 Establish and implement financial reporting systems to comply with government regulations and legislation
 Assisting the CFO to ensure that the organization’s financial affairs and assets are well managed, that costs are
controlled effectively, and resources are fully aligned behind strategic and operational priorities.

Financial Business Support, Analysis and Reporting
 Prepare and develop Cost Reports for Group Operations Management team
 Analyze expenses, providing an understanding and explanation of variances
 Consolidate Manufacturing Distribution and Variances reporting and balance with Corporate Financial Planning &
Analysis management reporting
 Support the preparation of the Group Operations Annual Plan, Midyear Review and Strategic Plan financial
requirements, forecasts and presentations
 Provide support for internal/external audit requests
 Monthly Inventory Reporting
 Work collaboratively with Group Supply Chain team to report and analyze inventory for all inventory locations
 Prepare monthly Consolidated and Detail inventory reporting files for use in Management reviews
 Support the development of the Profit in Inventory percentages and inventory reserve calculations
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 Product Cost Development
 Understand Bills of Materials and plant costing methodologies
 Support the Virtual Plant process and validation of costs
 Complete the Annual Intercompany Raw Material and Work in Process standard cost setting process
 Month-End Close Activities
 Complete month-end journal entries relating to Cost.
 Complete monthly Cost Behavior calculations, provide analysis explaining significant changes
 Complete the LIFO, FIFO, and Standards Change calculations

Review daily sales reports of all Branches, checking all control aspects and entering into accounting system.
 Prepare Restaurant petty cash expense receipt, checking and organizing reimbursement.
 Perform Bank reconciliation of all bank account including Credit Card Payments.
 Prepare Payment vouchers and Cheque preparation for all inventory suppliers
 Key suppliers account reconciliation.
 Monthly payroll preparation through collecting all staff attendance records from software.
 Visiting other Restaurant locations for surprise check on cash, inventory etc.
 Identify changes to business processes and provide recommendation with updated flowcharts.
 Maintenance of asset register & updating.
 Prepare financial statement reports and Perform Analytical Procedures with historical information.
 To supervise the receiving, storing and issuing procedures and supervises storeroom and personnel and premises for
proper recording, storing, inventory turnover, issuing checks for proper inventory rotation avoiding waste and
pilferage.
 To report total food & beverage cost percentage, to make food cost and beverage reports and beverage cost report,
to take bar inventory, and controls potentials.
 To record, on daily basis, food and beverage movements in costs.

Monitor and administer Customer Accounts for Company.
* Prepare customer's statements, bills and invoices.
* Research and analyze accounts.
* Generate weekly aging reports.
* Determine payment schedules with customers.
* Correspondence with delinquent customers to secure payment.
* Prepare accurate monthly billing adjustments.
* Investigate and resolve billing and account discrepancies.
* Manage and resolve customer inquiries.

Managing the Company Accounts.
* Raise invoice & follow up
* Reconciliation bank statement & individual ledgers.
* Prepare payroll sheet & individual employee summary account respect of payroll Dept.
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* Book keeping - preparation of vouchers to Trial balance
* Preparation of Bank Reconciliation Statement