Khalid Bokhari, MBA , CMA

Experience

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  IKEA

  Apr 2004 - Apr 2008

  -Daily Entry . -Bank Reconciliations. -Handling all functions for GOSI.-Handling the medical insurance. -Payroll . -sales-advising the clients.-achiving the area target .https://m.ar.ikea.com/sa/ar/

  • Financial Assistant

    Nov 2007 - Apr 2008

  • HR Administrative Assistant

    Feb 2007 - Nov 2007

  • Sales Consultant

    Apr 2004 - Feb 2007
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  Samba Financial Group

  Apr 2008 - Sept 2014

  Operations Officer

  *worked as teller and Head of tellers .*worked in collection Dept. incoming & outgoing transfers*daily branch accounting entries.*Solved and matched all ATM mismatched accounts whether on deposit account or withdrawal account.*Made profitable deals with the treasury department.*Matched the branch’s internal accounts on daily basis.*Matched the ledger accounts to the branch accounts on daily basis.*Organized rates for foreign returned transfers to avoid client and branch loss..*Buy and sell currencies with the status of all the risks .http://www.samba.com. Show less

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  KAUST

  Oct 2014 - May 2017

  Treasury Analyst

  • Check /Draft (payments & issuance & recording)• Chick any incoming in KAUST account's bank(collection &recording& deposit)• Liaise with proponent and bank to solve any issue related point of sale machine. • Monitor daily sales reports, and reconcile with the bank. • Petty Cash Admin.• Daily our miscellaneous bank acct cash position. • Government fees Payment. • Currency rate update in SAP system. • our bank account inter account funding. • Daily- bank with system -reconciliation..Daily entry (bookkepping) &Journals . https://www.kaust.edu.sa/ar Show less

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  Saudia Dairy & Foodstuff Company (SADAFCO)

  May 2017 - Apr 2018

  Accounts Payable Supervisor

  Resolving complex issues of suppliers and departmental related concerns. Responsible for Withholding tax till payment takes place. Handling Payroll offshore. (Qatar, Bahrain, Kuwait, Jordan). Reviewing and verifying petty cash voucher and handling KPI. Looking for better commercial banks rate for deposit investments Banks related issues coordinator. Reconciliation and balance confirmation for all suppliers. Review and check supplier invoices and appropriate documentations. Preparing AP weekly report. Forecasting Cash. Assist with Month-end closing. Correspond and handling supplier concerns and inquiries.http://www.sadafco.com/ar Show less

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  KAUST (King Abdullah University of Science and Technology)

  May 2018 - Apr 2020

  Finance Senior officer

  My role is a combination of planning budgets, contracts and procurement, financialoperations, payment management for external scholarship programs, revenuemanagement for the department's programs, and human resources.1. Budgeting & Planning:Re-evaluate the standardized budget template for all programs,and scrutinize Budget assumptions.Collaborate and work closely with the unit and program managers in budgetdevelopment plans.Develop budget and forecast models for the department and working closely witheach unit manager.Monthly/Quarterly financial reports.Asset Management.2. Procurement & Contracting:Work closely with each unit manager in determining programmatic needs.Conduct an assessment of the supplier's market against the programmatic needs.Enhance the procurement and contracting process.Contract awarding, deliverables tracking, Payments.3. Financial Operations:Enhance Financial modeling, procedures, and guidelines for all programs.Ensure timely processing of all financial operations.Ensure departmental financial operations are in line with university policies andguidelines.Journals /Accruals.Expense tracking and reconciliation.Cash Flow Management.invoices processing.4. Scholarship Management KGSP:Maintain and update student financial records in the system.Process the student's monthly payments & deductions, and tuition payments.Administer the KGSP financial contracts.Program cost quarterly forecast.Program cost reconciliations.5. Revenue Management:Work closely with internal stakeholders in managing the sponsored students'invoices.Enhance the revenue collection process on outstanding invoices through variousmeans of communication.Provide standardized reports with the capacity to analyze data and showcasecritical cases.6. Human recourses:workforce contracts renewal.Streamline the annual leave plans of the department without businessinterruption and within the HR process and guidelines.Maintain the department ORG chart. Show less

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  International Water Distribution Co. (Tawzea)

  May 2020 - Apr 2021

  Finance Manager

  Financial reporting based on International Financial reporting standard. Budget formulation and variance analysis. Performance management reporting. Manage day-to-day/month/quarter reporting.Monthly accounting closing.Following with the external Audit for all the requirements. Prepare the local content report (quarterly)

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  Concordarabia

  Apr 2021 - now

  • Financial reporting (Monthly/Quartey)• Budget formulation and variance analysis.• Collaborate effectively with the Sales Department to report information regarding the branch's turnover and receivable status. • Reconcile between Customers' and Brokers' accounts and resolve issues for any discrepancies.• Communicate with the Branch Managers with regards to the sales analysis, gross written premiums/returns turnover, sales/customer and broker structure management, Suggest ideas for improvements.• Submit weekly reports for sales, collections, and bank deposits, weekly reconciliations, aging of receivables; and monthly sales analysis to the CEO.• Settling Motor & General Claims via Electronic Banking Systems and maintaining effective payment bank account reconciliations on monthly basis.• Enhance A/R procedures and filing systems, created spreadsheets to enhance tracking of receivables, followed up on open accounts, and negotiated with clients during collection calls. Show less

  • Deputy General Manager of Finance

    Jan 2022 - now

  • Risk committee member

    Jan 2022 - now

  • Executive Committee Member

    Jan 2022 - now

  • Finance Manager

    Apr 2021 - Dec 2021