Zeyad Wafeek

Finance Manager at Al-Houda Hotels & Toursim Co. / Bukhamssen Group

• Kuwait - Al Farawaniyah
• My current job since April 2013

 Overseeing the operations of the finance department, assign a proper framework to meet goals and objectives of the department.
 Implementing financial controls in the businesses which prevent misuse and misappropriation of funds or assets and inefficient cost control.
 Ensure proper control of funds through preparation of monthly & weekly cash flow forecasts.
 Preparing the annual budget and driving the annual budgeting and forecasting process to ensure all departments are delivering according to the approved targets.
 Analysis and monitoring of monthly and annual subsidiaries hotels management reports and budget variances reports.
 Preparing Management Accounting summaries & reports for the Executive Management.
 Coordinates the conduct of regular internal audits in line with regulatory requirements.
 Handle all matters pertaining to taxation, insurance policies, banking.
 Preparation & Analysis of the annual Financial Statements, Month - End Closing Process.
 Handle full spectrum of financial and cost accounting role (AR, AP, GL, receipts, payments, cash, bank transactions and bank reconciliation.
 Migrated the Financial data to the new system (SAP) as well as assisting on the setup of all financial and management reports.