وائل مصطفى

• • Involves in the preparation of the company’s LOA and the enhancement of the policy.
• Supervision and controls for all project financial aspects for south boarder projects with MOI amounting SAR 9 Billion.
• Present Timely Accurate Project Financial Reporting Package.
• To oversee, build and maintain a strong framework of internal controls and work closely with the other departments.
• Monitoring & oversight on projects forecasts including the EV, CPI, cost to complete, risk management, Project performance and budgeting.
• Manage the banks’ relationship and facilities.
• Enhance the accuracy of project cost by eliminating variances with cost control department.
• Ability to identify critical risks and to flag them at the right time
• Enhance business partnership with Commercial department, Cost Control & Planning to resolve daily activities, address project critical factors and understanding project KPI'S.
• Review, Support & collaborate of annual project budget.
• Leverage the ERP potentials to optimize the analysis and reporting Function.
• Working with the Projects’ financial analysts on the Reporting and analysis and ensure that they grasp what they are reporting and enhance the analytical skills besides promoting the communication between Finance team and operation management team to be in line with the overall company objectives.
• Prepare projects’ cash flow and seek optimization and assistance of financing plan to ensure and to leverage working capital.
• Maintain the Cash Flow Forecasting process by estimating the cash in-flow & out-flow for the forecasted period.
• Constantly oversee and monitor Project liquidity & Reporting the aging of Billing Certified, Uncertified & Unbilled Invoices.
• Enhance The Cash Management Strategies by maximizing the utilization of Facilities with the lowest financial charges and maximizing Vendors credit terms.

• Maintain a documented system of accounting policies and procedures.
• Defined and implemented Internal Control Procedures and led a team of 21 members in managing day-to-day financial transactions.
• Prepared annual budget based on preceding year’s performance and forthcoming business plans as well as other market related factors.
• Assisted the management in making effective financial decisions by aligning organizational financial plans to evaluated business trends leading to significant enhancement in revenue generation.
• Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives.
• Forecast cash flow positions, related borrowing needs, and available funds for investment.
• Ensure that sufficient funds are available to meet ongoing operational and capital investment requirements.
• Maintain banking relationships.
• Engage in ongoing cost reduction analyses in all areas of the company.
• Interpret the company's financial results to management and recommend improvement activities.
• Work with all relevant project personnel and other departments to ensure the cost control.
• Producing regular cost reports and advising management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner.

Prepare, manage, and supervise all aspects of cash flow.
Forecast weekly cash requirements and execute weekly financing decisions.
Evaluate, develop and implement cash management systems to optimize efficiencies.
Understand and manage appropriate accounting procedures and processes.
Manage relationships with banks.
Monitor bank service fees and address quality issues.
Maintain finance for projects.
Flow up with banks regarding LCs, LGs and financing requests.
Manage, direct, and develop Cash Management staff.
Monitoring and follow-up on any Debtors outstanding.

1-Ensure the timely and accurate maintenance of the financial books and records.
2-Esure timely and accurate monthly, quarterly and annual reporting.
3-Coordinate and ensure compliance with the firm’s third party accountants.
4-Implement, maintain and monitor accounting policies and procedures.
5-Coordinate income and other cash distributions.
6-Treasury maintenance for investment of excess cash, new bank accounts and other cash flow issues.
7-Interact with outside accounting firms to ensure accurate and timely audits and tax filings for Company and its clients.
8-Manage the reporting process so that financial information provided to top management is both timely and accurate.
9-Implement, maintain and monitor effective internal controls over Project’s financial operations.
10-Oversee and manage all banking relationships on behalf of The JV.
11-Supervise Accounting staff to ensure: effective and timely production of all requisite reports, statements, memorandum and any and all other documentation.
12-Maintain accurate and complete files and comply with the organizational framework of Company.
13-Oversee and manage all aspects of the internal audit function of The JV.
14-Any and all other responsibilities that may be assigned from time to time.

1-Revising the invoices of the subcontractors and the suppliers and preparing it for the payment according to their contracts.
2-Reconciliation of accounts payable balances with vendor/contractor accounts
Statements.
3-The accurate follow-up for the total executed work, advance payments, additional works, previous payments and the retentions in every invoice.
4-Receiving the customers invoices (Revenues) and revising their accounts to follow-up the receivables.
5-Conforming the monthly Bank account report and the accommodation for every Bank and conforming the balances at the end of the year with balance certificate for each Bank.
6-Issuing the Letters of Credit and Bank Guarantees according to the facilities with the Banks.
7-The monthly follow-up for Letters of Credit and Bank Guarantees through the report generated from every Bank at the end of every month.
8-Preparing the final accounts from Balance sheet, Income statement and Cash flow statement.

1- Revising the procurements of the company.
2- Preparing and issuing notes payables and notes receivables.
3- Preparing the salaries at the end of the month.
4- Feed in the fixed assets and making a report for it at the end of the month.
5- Receiving and revising the invoices of the suppliers and preparing the cheques for every invoice according to the maturity date.

Finishing and clearing all goods with customs officers