Karim Mohamed Abdelwahab Ali Omar

( Contracting – Construction – Real Estate Development - man power supply)

• Led financial reporting processes, ensuring compliance with local and international accounting standards.
• Led accounting operations for multi-million SAR projects, ensuring accuracy and profitability.
• Analyzed project costs and financial performance to achieve company profit targets.
• Managed budgeting and forecasting activities to align financial goals with corporate strategy.
• Supervised accounts payable and receivable functions, enhancing cash flow management practices.
• Mentored accountants, fostering professional development and improving team performance metrics.
• Handled month-end and year-end end finances by managing and reporting fixed assets and other data.
• Established strong relationships with external partners such as banks, auditors, and tax consultants to ensure smooth interactions and compliance.
• Developed annual budgets in collaboration with senior management, aligning resources with company objectives.
• Managed a team of accountants, fostering collaboration and professional growth for improved department performance.
• Set up and improved accounting systems and processes to meet business needs and maximize operational success.
• Developed and implemented effective accounting systems.
• Assisting in the identification, evaluation and execution of cost optimization measures that directly impacted company bottom line.
• Reviewed budgets and communicated discrepancies to senior management.
• Collected and reported monthly expense variances and explanations.
• Cooperated with senior leaders to create operating budgets and initiate financial planning.
• Coordinate with internal and external auditors and ensuring full compliance with IFRS and corporate policies.

( Food and Beverage – Catering – Retail )

• Handle full spectrum of financial cycle and day to day finance and accounts operations.
• Managed accounts payable/receivable, ensuring timely and accurate payments.
• Provided journal entries and performed accounting on accrual basis.
• Prepared working papers, reports and supporting documentation for audit findings.
• Conducted monthly reconciliations for all bank accounts to ensure financial integrity.
• Conducted inventory management and warehouse supervision, leading stock audits and cycle counts.
• Prepared monthly journal entries and reconciliations.
• Reconciled accounts and created documents for monthly closure procedures.
• Reviewed and matched invoices with purchase orders, resolving disputes efficiently.

( Retail - Food And Beverage )

• Record daily entries.
• Checking company bank statements and reconcile every bank account daily.
• Receivables management by checking aging and calculate the commission of salesmen.
• Maintain petty cash fund.
• Prepare payment request when it comes due.
• Maintain chart of accounts
• Review payment requests and payroll.
• Reconciled accounts and reviewed expense data, net worth, and assets.
• Gathered financial information, prepared documents, and closed books.
• Managed accounts payable and receivable, optimizing cash flow processes effectively.