KARIM ABDULMOATTI
Dammam,Saudi Arabia
Summary
Results-driven Chief Accountant with over 13 years of experience in accounting, financial reporting, budgeting, and financial operations within contracting, engineering, and construction sectors in Saudi Arabia. Strong expertise in IFRS, VAT & Zakat regulations, financial analysis, cost control, and ERP systems including Odoo. Proven track record of improving collections, reducing costs, strengthening internal controls, and supporting strategic decision-making. Experienced in leading accounting teams, managing month-end and year-end closing, preparing financial statements, and enhancing finance department performance in project-driven environments.
Overview
19
19
years of professional experience
1
1
Certification
Work history
Chief Accountant
ILTIZAAM Engineering CONSULTING
Dammam, Saudi Arabia
2019.08 - Current
- Lead and oversee all accounting operations including general ledger, accounts payable, accounts receivable, payroll, and financial reporting.
- Prepare monthly, quarterly, and annual financial statements in compliance with IFRS standards.
- Manage budgeting processes and cash flow forecasting to support operational and strategic planning.
- Improved collections and cash flow management through effective receivables monitoring and follow-up procedures.
- Reduced operational costs by implementing stronger financial controls and expense monitoring practices.
- Supervise month-end and year-end closing activities ensuring timely and accurate reporting.
- Coordinate with external auditors and provide all required financial schedules and audit documentation.
- Prepare VAT, withholding tax, and Zakat filings while ensuring full compliance with Saudi regulations.
- Conduct project cost analysis and monitor cost variances across multiple projects.
- Manage fixed assets lifecycle including capitalization, depreciation, transfers, and disposals.
- Lead and mentor accounting staff while enhancing team productivity and reporting accuracy.
- Participate in management decision-making by providing financial analysis and performance reports.
- Support process improvements and accounting system optimization using Odoo ERP.
Senior Accountant
RIYADH INVESTMENT CO. GROUP (CONTRACTING FIELD)
Riyadh, Saudi Arabia
2012.04 - 2019.07
- Managed month-end closing processes including accruals, provisions, depreciation, amortization, and reconciliations.
- Prepared accurate financial reports and supporting schedules for management review.
- Assisted in budgeting and financial forecasting activities for ongoing projects and operational requirements.
- Maintained fixed asset registers and ensured compliance with accounting policies and standards.
- Prepared and submitted VAT returns and reconciled tax balances accurately.
- Monitored accounts payable, accounts receivable, payroll, and banking transactions.
- Supervised inventory counts and fixed asset verification procedures.
- Improved financial accuracy by conducting regular intercompany reconciliations and balance confirmations.
- Supported internal and external audit processes through proper documentation and reporting.
General Accountant
DAR AL ASHQAL CONSTRUCTIONS
Riyadh, Saudi Arabia
2007.08 - 2012.03
- Processed journal entries, reconciliations, and daily accounting transactions.
- Managed accounts payable and receivable operations with high accuracy.
- Supported payroll processing and employee expense reporting.
- Coordinated vendor payments and client invoice follow-ups.
- Assisted in annual audit preparation and financial documentation.
- Maintained accurate accounting records and ensured proper filing of supporting documents.
- Performed banking transactions and treasury-related activities.
Education
Bachelor's degree of commerce - Accounting department
SUEZ CANAL UNIVERSITY
EgyptSkills
- DECISION MAKING, PROBLEM-SOLVING AND ANALYTICAL SKILLS
- ABILITY TO WORK INDEPENDENTLY AND AS PART OF A TEAM
- STRONG PROJECT MANAGEMENT AND LEADERSHIP SKILLS
- COMMUNICATION SKILLS AND DETAIL ORIENTED
- STRONG ANALYTICAL SKILLS
- ABILITY TO MANAGE STAFF
LANGUAGES
ENGLISH
Advanced
Arabic
Native
Certification
- COMPREHENSIVE IFRS
- VAT & WITHHOLDING TAX
- ADVANCED FINANCIAL ANALYSIS USING INTERACTIVE DASHBOARDS
ADDITIONAL INFORMATION
- Nationality: Egypt
- Visa status: Transferable Iqama
- Driving License: Available
Timeline
Chief Accountant
ILTIZAAM Engineering CONSULTING
2019.08 - Current
Senior Accountant
RIYADH INVESTMENT CO. GROUP (CONTRACTING FIELD)
2012.04 - 2019.07
General Accountant
DAR AL ASHQAL CONSTRUCTIONS
2007.08 - 2012.03
Bachelor's degree of commerce - Accounting department
SUEZ CANAL UNIVERSITY