Mustafa Alawad
Riyadh,Saudia
Summary
Accomplished finance professional with a strong foundation in GAAP principles and financial reporting proficiency. Demonstrates leadership excellence and integrity, ensuring transparency in all financial operations. Expert in advanced Excel usage and account reconciliation, complemented by exceptional time management expertise. Committed to leveraging communication proficiency to drive organizational success and uphold the highest standards of financial accuracy.
Overview
16
16
years of professional experience
4
4
years of post-secondary education
Work history
Chief Accountant
Masafa Exhibitions & Conferences Management Co
Riyadh, Saudia Arabia
03.2025 - Current
- Coordinated finance activities across departments for operational efficiency.
- Assisted board members with financial decision-making by providing expert advice on investment strategies.
- Enhanced financial reporting standards with stringent audit practices.
- Collaborated with external auditors for accurate year-end audits.
- Monitoring all journal entries for accuracy.
- Ensuring correct posting to general and subsidiary ledgers.
- Reviewing accounting operations before approval.
- Preparing financial statements.
- Preparing periodic management reports.
- Month-end and year-end closing.
- Reconciling and auditing balances across departments.
- Reviewing supplier and customer invoices.
- Verifying expenses and cash transactions.
- Preparing bank reconciliations.
- Preparing tax declarations (VAT, Zakat, Income Tax).
- Reconciling receivables and payables
Chief Accountant
Vito Company & Vito Factory
Riyadh, Saudia Arabia
12.2020 - 03.2025
- Managed payroll functions, ensuring accurate and timely processing.
- Streamlined audit processes to ensure regulatory compliance.
- Maintained updated knowledge of relevant laws and regulations avoiding legal complications.
- Ensured smooth business transactions through diligent account reconciliation efforts.
- Preparing and verifying daily journal entries.
- Reviewing and reconciling accounts.
- Preparing monthly and annual financial statements.
- Monitoring cash flow and ensuring sufficient liquidity.
- Controlling expenses and revenues and matching them with budgets.
- Preparing financial performance reports.
- Inventory and fixed asset reconciliations.
- Preparing tax declarations (VAT, Zakat, Income Tax).
Senior Accountant
Al-Ikhtiyarat Al-Fa’eqa Trading (Vital99)
Riyadh, Riyadh Region
03.2017 - 11.2020
- Recording financial transactions.
- Following up on customer and supplier accounts.
- Managing fixed asset accounts.
- Monitoring inventory and performing stock counts.
- Preparing reconciliations and closing entries.
- Preparing VAT reports and submitting them to ZATCA.
- Preparing the income statement and bank reconciliations.
- Monitoring accounts and sales on the online platform.
- Managing accounts with SMSA, Naqel, Amazon, DHL, and Aramex.
- Tracking sales operations and handling customer service.
Accountant
Sanad Cooperative Insurance & Reinsurance Co
Riyadh, Riyadh Region
09.2014 - 02.2017
- Recording daily financial transactions.
- Issuing and collecting insurance policies (Motor, Medical, Property).
- Recording received and paid claims.
- Recording collected premiums.
- Following up on collections from customers, agents, and brokers.
- Managing payments (claims, commissions, operating expenses).
- Monthly reconciliation of customers’, agents’, and brokers’ accounts.
- Reviewing and closing claims and verifying required documents.
- Preparing monthly bank reconciliations.
- Closing monthly and annual accounts.
- Contributing to financial statement preparation.
Accountant –
Ibrahim Al-Shunaifi Trading & Contracting Co.
Riyadh, Riyadh Region
08.2010 - 08.2014
- Recording all daily journal entries.
- Performing daily bank deposits.
- Issuing customer account reconciliations.
- Handling petty cash and reconciling balances.
- Issuing and verifying sales invoices.
- Conducting continuous inventory checks and supervising stock.
- Sending daily accounting reports to management.
Education
Bachelor of Education - Accounting
Wad Madani National University
Sudan 07.2003 - 07.2007
Diploma - Computer & Internet Sciences Course
– Global Technology Institute
Suadn 01.2008 - 06.2008
Skills
- GAAP principles
- Advanced excel usage
- Leadership excellence
- Integrity and transparency
- Time management expertise
- Financial reporting proficiency
- Account reconciliation
- Microsoft Excel
- Communication proficiency
Timeline
Chief Accountant
Masafa Exhibitions & Conferences Management Co
03.2025 - Current
Chief Accountant
Vito Company & Vito Factory
12.2020 - 03.2025
Senior Accountant
Al-Ikhtiyarat Al-Fa’eqa Trading (Vital99)
03.2017 - 11.2020
Accountant
Sanad Cooperative Insurance & Reinsurance Co
09.2014 - 02.2017
Accountant –
Ibrahim Al-Shunaifi Trading & Contracting Co.
08.2010 - 08.2014
Diploma - Computer & Internet Sciences Course
– Global Technology Institute
01.2008 - 06.2008
Bachelor of Education - Accounting
Wad Madani National University
07.2003 - 07.2007